FRANTZEN EIENDOM SORTLAND AS • 976841395 • Sortland • Real estate activities

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Goods and trade

FRANTZEN EIENDOM SORTLAND AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

Chairman of the board: JN
Jarle Normann Frantzen1966
Years since formation: 28 years; since Oct 23, 1996
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 1,490; 1 share class
Total number of shareholders: 1; person
Belongs to group of

Financials

Total operating income 2023: 142,700; NOK
Annual total result 2023: 1,799,791; NOK
Total equity 2023: 7,975,092; NOK

Last update: Aug 29, 2024

Management

Board

Name	Role	Shares
JN Jarle Normann Frantzen 1966	Contact Person, Chairman	100 % directly
KF Kirsten Frantzen 1979	Board Member	-
AF Alexander Frantzen 1988	Board Member	-
SJ Simen Johnsen 1991	Board Member	-

Others

Name	Role	Shares
S SPAREBANK 1 REGNSKAPSHUSET NORD-NORGE AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
JN Jarle Normann Frantzen 1966	Contact Person, Chairman	100 % directly

Last update: Jan 31, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
JN Jarle Normann Frantzen 1966	Ordinary shares	1,490	100 %

Shares owned by the FRANTZEN EIENDOM SORTLAND AS

Name	Share class	Number of shares	Share
B BARDEN AS	Ordinary shares	30	100 %
E ECO LOOP NORWAY AS	Ordinary shares	400	100 %
B BENFRA AS	Ordinary shares	100	50 %
S SORTLAND PANORAMA AS	Ordinary shares	1,344	25.01 %
S SCANDINAVIAN LUXURY HOTELS AS	Ordinary shares	60	2 %

Last update: May 24, 2024

Group structure

FRANTZEN EIENDOM SORTLAND AS
Total operating income 2023: NOK 142,700
Operating profit 2023: NOK -745,987
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	142,700	1,062,717	3,513,061
Annual Total Result	1,799,791	463,830	-723,648
Total assets	13,304,282	13,285,975	12,434,396
Total liabilities	5,329,190	7,110,674	6,022,926
Total equity	7,975,092	6,175,301	6,411,470

P&L

Year	2023	2022	2021
Total operating income	142,700	1,062,717	3,513,061
Total operating costs	888,687	1,704,737	4,327,889
Operating result	-745,987	-642,020	-814,828
Financial income/costs	2,345,616	935,728	-112,926
Profit before tax	1,599,629	293,707	-927,754
Total tax & extraordinary income/cost	-200,162	-170,123	-204,106
Annual Total Result	1,799,791	463,830	-723,648

Balance overview

Year	2023	2022	2021
Total fixed assets	11,830,863	11,343,555	10,414,367
Total current assets	1,473,419	1,942,420	2,020,030
Total assets	13,304,282	13,285,975	12,434,396
Short term debt	711,708	2,211,648	780,701
Long term debt	4,617,482	4,899,026	5,242,225
Total liabilities	5,329,190	7,110,674	6,022,926
Contributed capital	30,000	30,000	30,000
Retained earnings	7,945,092	6,145,301	6,381,470
Total equity	7,975,092	6,175,301	6,411,470
Total equity and liabilities	13,304,282	13,285,975	12,434,396

Classification

Category

Goods and trade

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

L

Main industrial area

Real estate activities

68

Activity

Real estate activities

68.2

Main industrial group

Renting and operating of own or leased real estate

68.20

Industrial group

Renting and operating of own real estate

68.209

Industrial group

Other letting of real estate