BIZTRAC BETA
COMPANY REGISTER PROFILE
959718482 ORG. NO. 2025 ACCOUNTS 10 SECTIONS
Active UPDATED 02.09.2026
Other real estate activities on a fee or contract basis

NEWSEC PROPERTY ASSET MANAGEMENT AS

Org. no. 959718482 Limited company (AS) Trondheim Incorporated 1990 Active
Ownership graph ↗
Revenue 2025 NOK 352.4m
Operating profit NOK 15.9m
Equity NOK 57.8m
Incorporated 1990
Employees 179
Share capital NOK 4.1m

Signals

1 flags
  • Ingen revisor Selskapet har ingen registrert revisor. Vanlig for små AS som har valgt bort revisjon, men verdt å merke seg.

NEWSEC PROPERTY ASSET MANAGEMENT AS is registered as a limited company in Trondheim, Trøndelag with organisation number 959718482. The business is classified under other real estate activities on a fee or contract basis (NACE 68.320). The company was incorporated in 1990 and has 179 registered employees. Registered share capital is NOK 4.1m, divided into 410000 shares. The company's stated purpose is: “Forestå eiendomsforvaltning, såvel teknisk som økonomisk, herunder tilby eiendomsbesittere de tjenester som naturlig hører under dette. Samt deltakelse i andre selskaper og hva dermed står i den forbindelse.”. The most recent filed accounts, for the 2025 financial year, show NOK 352.4m in revenue and NOK 15.9m in operating profit.

Former names: BASALE AS, BASALE EIENDOMSFORVALTNING AS, BASALE GRUPPEN AS, OBOS BASALE AS, NEWSEC BASALE AS

Key figures · 2025

Revenue
NOK 352.4m
▲ +21 %
Operating profit
NOK 15.9m
▲ +502 %
Equity
NOK 57.8m
▲ +18 %
Est. value
NOK 73.9m

Financial health · 2025

Liquidity
0.70
Weak
Current assets ÷ current liabilities
Profitability
13.7%
Good
Return on total assets
Solidity
34.0%
Good
Equity as a share of total capital

Who owns NEWSEC PROPERTY ASSET MANAGEMENT AS?

NEWSEC PROPERTY ASSET MANAGEMENT AS
NOK 352.4m rev. · NOK 15.9m profit

NEWSEC PROPERTY ASSET MANAGEMENT AS has 1 registered shareholder:

All shareholders and roles →

Which companies does NEWSEC PROPERTY ASSET MANAGEMENT AS own?

NEWSEC PROPERTY ASSET MANAGEMENT AS holds stakes in 13 companies:

See the full ownership structure →

Group structure

NEWSEC PROPERTY ASSET MANAGEMENT AS er morselskap for 13 datterselskaper:

Frequently asked questions about NEWSEC PROPERTY ASSET MANAGEMENT AS

Who owns NEWSEC PROPERTY ASSET MANAGEMENT AS?

NEWSEC PROPERTY ASSET MANAGEMENT AB is the largest registered owner, with 100.0%.

What is the revenue of NEWSEC PROPERTY ASSET MANAGEMENT AS?

NEWSEC PROPERTY ASSET MANAGEMENT AS had revenue of NOK 352.4m in 2025.

Who is the general manager of NEWSEC PROPERTY ASSET MANAGEMENT AS?

Trond Arne Espås is registered as general manager of NEWSEC PROPERTY ASSET MANAGEMENT AS.

Where is NEWSEC PROPERTY ASSET MANAGEMENT AS based?

NEWSEC PROPERTY ASSET MANAGEMENT AS has its business address in Trondheim.

Property

Business address Beddingen 10, 7042 Trondheim
Cadastral unit 5001-410/658/0/0
Building Kjøpesenter, varehus · 22 units

93 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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