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COMPANY CARD COMPANY

MODLIN EIENDOMSUTVIKLING AS

Business reg. no. 921 954 301ASFRØYAIndustry code 68.200

Rental and operating of own or leased real estate

Equity ratio: Good · 37,6 % (2025)
Company financial statements in NOK · 2023: 3 899 962 NOK · 2024: 5 331 716 NOK · 2025: 7 552 628 NOK
2023–2025 · NOK
Operating revenue7,6 million NOK
2025 · company↑ 41,7 % from 2024
Company financial statements in NOK · 2023: 2 357 694 NOK · 2024: 3 391 240 NOK · 2025: 4 567 444 NOK
2023–2025 · NOK
Operating income · EBIT4,6 million NOK
2025 · company↑ 34,7 % from 2024

60,5 % EBIT margin

Registered employees5 employees
RegisteredRegistry data 14.11.2026

FINANCIALS

Financial statements and key figures

Amount in whole currency units
Company financial statements

Amount in NOK

Company financial statements · amounts without rounding to thousands for display
Financial statement item202520242023
CurrencyNOKNOKNOK
Operating revenue7 552 6285 331 7163 899 962
Operating profit4 567 4443 391 2402 357 694
Net income3 091 9171 479 156610 189
Equity2 131 943-959 974-2 439 130
Total assets5 674 88013 730 43321 481 756
EBIT margin60,5 %63,6 %60,5 %

Indicators: equity / assets and EBIT / operating revenue. Midline is 0%, scale −100% to +100%. Not a credit assessment.

Show trend in NOK
Operating revenueNOK · 2023–20257,6 million NOK
↑ 41,7 % from 2024
Operating revenue202320242025

Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.

Operating profitNOK · 2023–20254,6 million NOK
↑ 34,7 % from 2024
Operating profit202320242025

Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.

Sources and conversion basis

Companies and corporate groups are kept separate. The same historical annual exchange rate is used for income statement and balance sheet figures. Missing values are shown as “—”. Actual zero values are retained.

  • 2025 · NOK · original-NOK · source version a9c0fdd7fe22
  • 2024 · NOK · original-NOK · source version 3cb443e08c6b
  • 2023 · NOK · original-NOK · source version f2a551afec9e

Expand for more financial statement items. We show items with information in at least one year. “—” means a value is missing for that year.

Income statement12 entries with information
Company financial statements · Income statement · whole currency units
Financial statement item202520242023
Operating revenue
Total sales revenue0105 0000
Total operating revenue7 552 6285 331 7163 899 962
Operating expenses
Wage costs1 008 552485 606173 475
Total operating expenses2 985 1841 940 4761 542 268
Operating profit
Operating income (EBIT)4 567 4443 391 2402 357 694
Financial income
Total finance income22 76664 44725 669
Financial expenses
Other interest expense625 6811 559 2131 600 442
Total finance costs626 2141 559 3351 601 070
Net finance result-603 448-1 494 887-1 575 401
Results and tax
Income before tax3 963 9961 896 353782 293
Tax expense on ordinary income872 079417 198172 104
Net income3 091 9171 479 156610 189
Balance sheet13 entries with information
Company financial statements · Balance sheet · whole currency units
Financial statement item202520242023
Financial fixed assets
Total non-current assets4 964 30511 765 48619 839 616
Current assets
Total receivables137 2311 103 591924 857
Total investments000
Total cash and cash equivalents573 345861 356717 282
Total current assets710 5761 964 9471 642 140
Total assets5 674 88013 730 43321 481 756
Equity
Total paid-in equity1 112 5701 112 5701 112 570
Total retained earnings1 019 373-2 072 544-3 551 700
Total equity2 131 943-959 974-2 439 130
Provisions and long-term liabilities
Total long-term liabilities—14 502 96723 567 957
Current liabilities
Total current liabilities868 999187 439352 928
Total liabilities3 542 93714 690 40623 920 885
Total
Total equity and liabilities5 674 88013 730 43221 481 755
Executive salaryUnavailable

No information in the available financial statement data.

REGISTRY INFORMATION

Company at a glance

Registered
Industry
68.200 · Rental and operating of own or leased real estate Industry classification: Statistics Norway · CC BY 4.0
Registered address
Siholmen 10A, 7260 SISTRANDA
Founded
25.10.2018
Entity type
Main entity

ADDRESS AND PROPERTY

Property information

Open data

Siholmen 10A, 7260 SISTRANDA

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© Kartverket · CC BY 4.0

Companies at the same address

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    About the address match

    Same registered street address, postal code, and municipality. This does not document ownership, tenancy, or who uses the building. The address match does not identify a specific unit or dwelling. Open information does not show titleholders, sale date, plot area, or a complete building overview.

    REGISTERED ROLES

    The people and companies behind it.

    Search registered roles →Explore positions and documented connections.
    NameRoleSource date
    ADMENTO ASView role recordAccountant14.11.2026
    Son Hung DinhBorn 1990General manager14.11.2026
    Per Ivar AaslandBorn 1989Chair of the board14.11.2026
    RCC REVISJON ASView role recordAuditor14.11.2026
    Son Hung DinhBorn 1990Board member14.11.2026

    Source: Brønnøysund Register Centre. A registered role is not documentation of direct contact information.

    YEAR-DATED OWNERSHIP

    Reported shareholders.

    Search shareholders →Find a shareholder and follow reported ownership entries.

    As of 31 December 2025 · 2 of 2 available ownership entries

    ShareholderShare / share classSource date
    DINH INVEST ASView ownership entryView share entries →50,00 % · Ordinary shares31.12.2025
    MODLIN HOLDING ASView ownership entryView share entries →50,00 % · Ordinary shares31.12.2025
    Distribution of share count 31.12.2025
    100,0 %displayed share of shares
    • DINH INVEST ASOrdinary shares50,00 %
    • MODLIN HOLDING ASOrdinary shares50,00 %

    Fixed scale 0–100%. Shares are not normalized. Any unfilled portion is outside the displayed total.

    Source: Skatteetaten. Ownership share is a share of the number of shares, not necessarily voting rights or control. Person names refer to separate source records. Similar names are not automatically the same person.

    Previously reported ownership entries (4)

    YEAR-DATED OWNERSHIP

    Company share entries

    The company’s own investments in other businesses. Shareholders who own the company are shown under Ownership.

    Count direct ownership entries could not be retrieved.

    Source and scope

    Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.

    Up to 500 source records examined; the view may be limited. Missing matches do not prove that ownership is absent.

    YEAR-DATED OWNERSHIP

    Indirect ownership

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    Count indirect ownership paths could not be retrieved.

    Source and scope

    Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.

    Up to four ownership levels, 32 company lookups, and 250 chains are examined within a short time budget. This is a limited selection, not a ranking of the largest 250. Cycles are stopped. Missing matches do not prove that ownership is absent.

    CONNECTIONS

    Explore the ownership structure.

    Directly reported ownership entries are shown first. Open the map to explore further.

    Direct ownership entries without an interactive map

    As of 31 December 2025 · 2 of 2 available ownership entries

    ShareholderShare / share classSource date
    DINH INVEST ASView ownership entryView share entries →50,00 % · Ordinary shares31.12.2025
    MODLIN HOLDING ASView ownership entryView share entries →50,00 % · Ordinary shares31.12.2025

    Source: Skatteetaten / Aksjonærregisteret. Year-dated share ownership is not necessarily today’s voting rights or corporate control.

    Open interactive map for direct ownership entries

    CONNECTIONS

    Explore the ownership structure.

    See owners and open further company levels, using the same year throughout the tree.

    Year-end ownership