BIZTRAC BETA
COMPANY REGISTER PROFILE
919947772 ORG. NO. 2025 ACCOUNTS 7 SECTIONS
Active UPDATED 02.09.2026
Development of building projects

OLAVSGATE UTBYGGING AS

Org. no. 919947772 Limited company (AS) Porsgrunn Incorporated 2017 Active
Ownership graph ↗
Revenue 2025 NOK 47.7m
Operating profit NOK 2.5m
Equity NOK 5.1m
Incorporated 2017
Share capital NOK 1.5m

OLAVSGATE UTBYGGING AS is registered as a limited company in Porsgrunn, Telemark with organisation number 919947772. The business is classified under development of building projects (NACE 68.120). The company was incorporated in 2017. Registered share capital is NOK 1.5m, divided into 100 shares. The company's stated purpose is: “Kjøp, utvikling og salg av faste eiendom, samt ellers hva som er naturlig i tilknytning til dette.”. The most recent filed accounts, for the 2025 financial year, show NOK 47.7m in revenue and NOK 2.5m in operating profit.

Key figures · 2025

Revenue
NOK 47.7m
▲ +22 %
Operating profit
NOK 2.5m
▲ +6 %
Equity
NOK 5.1m
▲ +63 %
Est. value
NOK 10.9m

Financial health · 2025

Liquidity
0.98
Weak
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
3.6%
Weak
Equity as a share of total capital

Who owns OLAVSGATE UTBYGGING AS?

OLAVSGATE UTBYGGING AS
NOK 47.7m rev. · NOK 2.5m profit

OLAVSGATE UTBYGGING AS has 2 registered shareholders:

All shareholders and roles →

Which companies does OLAVSGATE UTBYGGING AS own?

OLAVSGATE UTBYGGING AS holds a stake in 1 company:

See the full ownership structure →

Frequently asked questions about OLAVSGATE UTBYGGING AS

Who owns OLAVSGATE UTBYGGING AS?

HEIMGARD AS is the largest registered owner, with 50.0%.

What is the revenue of OLAVSGATE UTBYGGING AS?

OLAVSGATE UTBYGGING AS had revenue of NOK 47.7m in 2025.

Who is the general manager of OLAVSGATE UTBYGGING AS?

Morten Borge is registered as general manager of OLAVSGATE UTBYGGING AS.

Where is OLAVSGATE UTBYGGING AS based?

OLAVSGATE UTBYGGING AS has its business address in Porsgrunn.

Property

Business address Jernbanegata 25, 3916 Porsgrunn
Cadastral unit 4001-200/1165/0/0
Building Store sammenbygde boligbygg på 3 og 4 etg · 41 units

608 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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