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Development of building projects

PORSGRUNN UTVIKLING AS

Org. no. 993924105 Limited company (AS) Porsgrunn Incorporated 2009 Active
Ownership graph ↗
Revenue 2024 NOK 12.6m
Operating profit NOK −8.3m
Equity NOK 247.0m
Incorporated 2009
Share capital NOK 21.2m

Signals

1 flags
  • Driftsunderskudd 2024 Siste driftsresultat er negativt (−8,3 mill kr).

PORSGRUNN UTVIKLING AS is registered as a limited company in Porsgrunn, Telemark with organisation number 993924105. The business is classified under development of building projects (NACE 68.120). The company was incorporated in 2009. Registered share capital is NOK 21.2m, divided into 1000 shares. The company's stated purpose is: “Erverve, opparbeide og utvikle eiendommer til bo-, fritids- og næringsformål og næringsrettet infrastruktur under hensyn til by- og næringsutvikling i kommunen. Selskapet skal i utviklingen av boligprosjekter vurdere behovet for andre eie og boformer som kan møte fremtidige behov i kommunen. Selskapet kan inngå samarbeid med aktører innen eiendomsutvikling og eiendomsdrift, herunder ved å delta i andre selskaper. Selskapet skal drives på forretningsmessig basis med en avkastning som er vanlig i bransjen.”. The most recent filed accounts, for the 2024 financial year, show NOK 12.6m in revenue and NOK −8.3m in operating profit.

Key figures · 2024

Revenue
NOK 12.6m
Operating profit
NOK −8.3m
Equity
NOK 247.0m
Est. value
NOK 208.8m

Financial health · 2024

Liquidity
4.91
Very good
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
95.6%
Very good
Equity as a share of total capital

Who owns PORSGRUNN UTVIKLING AS?

PORSGRUNN KOMMUNE
PORSGRUNN UTVIKLING AS
NOK 12.6m rev. · NOK −8.3m profit

PORSGRUNN UTVIKLING AS has 1 registered shareholder:

All shareholders and roles →

Which companies does PORSGRUNN UTVIKLING AS own?

PORSGRUNN UTVIKLING AS holds stakes in 28 companies:

See the full ownership structure →

Frequently asked questions about PORSGRUNN UTVIKLING AS

Who owns PORSGRUNN UTVIKLING AS?

PORSGRUNN KOMMUNE is the largest registered owner, with 100.0%.

What is the revenue of PORSGRUNN UTVIKLING AS?

PORSGRUNN UTVIKLING AS had revenue of NOK 12.6m in 2024.

Who is the general manager of PORSGRUNN UTVIKLING AS?

Skule Wærstad is registered as general manager of PORSGRUNN UTVIKLING AS.

Where is PORSGRUNN UTVIKLING AS based?

PORSGRUNN UTVIKLING AS has its business address in Porsgrunn.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.

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