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E

ELVELY UTVIKLING AS922 949 913

Purchase and sale
Limited company
c/o Fredensborg Bolig AS Henrik Ibsens gate 48 0255 OSLO, Norge
Construction
/ Purchase and sale
/ 41.109 Other development and sale of real estate

ELVELY UTVIKLING AS

Keywords

real estatesalesdevelopment

Organization

Chairman of the board
PN

Petter Nilsen1979

Years since formation
6 years
since Jun 22, 2019
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
1,200
1 share class
Total number of shareholders
2
companies
Belongs to group of

Financials

Total operating income 2024
7,419,469
NOK
Annual total result 2024
-14,110,942
NOK
Total equity 2024
135,141
NOK
Last update: Jun 16, 2025

Management

Board

NameRoleShares
PN

Petter Nilsen

1979

Chairman-
GH

Gerhard Holm

1952

Board Member-
GF

Gjermund Fossnes

1970

Alternate Member-
KS

Karina Søvik Torset

1991

Board Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-

Top 10 individual shareholders

NameRoleShares
TS

Tollef Svenkerud

1977

-
31.25 %
indirectly
EI

Eva Irene Ottestad

1966

-
6.59 %
indirectly
Last update: Dec 9, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
F
FREDENSBORG BOLIG AS
Ordinary shares
800
66.67 %
E
ELVELY HOLDING AS
Ordinary shares
400
33.33 %
Last update: Jun 2, 2025

Group structure

  • FREDENSBORG BOLIG AS
    Total operating income 2023: NOK 51,652,124
    Operating profit 2023: NOK -17,844,281
    Employees: 35

Financials

in NOK

Summary

Year2024202320222021
Total operating income
7,419,469
202,168,721
170,865,596
59,906,972
Annual Total Result
-14,110,942
19,882,980
76,251,007
9,424,843
Total assets
44,440,838
573,169,317
349,690,080
114,853,268
Total liabilities
44,305,697
450,623,234
247,026,977
88,441,172
Total equity
135,141
122,546,083
102,663,103
26,412,096

P&L

Year2024202320222021
Total operating income
7,419,469
202,168,721
170,865,596
59,906,972
Total operating costs
404,781
176,573,755
160,421,792
46,261,158
Operating result
7,014,688
25,594,966
10,443,804
13,645,814
Financial income/costs
-19,678,192
225,633
67,510,223
-1,681,899
Profit before tax
-12,663,504
25,820,598
77,954,027
11,963,915
Total tax & extraordinary income/cost
1,447,438
5,937,618
1,703,020
2,539,072
Annual Total Result
-14,110,942
19,882,980
76,251,007
9,424,843

Balance overview

Year2024202320222021
Total fixed assets
14,495,600
176,543,226
170,328,226
72,248,903
Total current assets
29,945,238
396,626,090
179,361,853
42,604,365
Total assets
44,440,838
573,169,317
349,690,080
114,853,268
Short term debt
36,246,197
95,956,903
75,288,322
13,396,129
Long term debt
8,059,500
354,666,331
171,738,655
75,045,043
Total liabilities
44,305,697
450,623,234
247,026,977
88,441,172
Contributed capital
120,000
17,409,930
17,409,930
17,409,930
Retained earnings
15,141
105,136,153
85,253,173
9,002,166
Total equity
135,141
122,546,083
102,663,103
26,412,096
Total equity and liabilities
44,440,838
573,169,317
349,690,080
114,853,268

Classification

Category
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
F
Main industrial area
Construction
41
Activity
Construction of buildings
41.1
Main industrial group
Development of building projects
41.10
Industrial group
Development of building projects
41.109
Industrial group
Other development and sale of real estate