2025 · companyAnnual change not calculated
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COMPANY CARD COMPANY
CINCO EIENDOM AS
Business reg. no. 929 070 712ASPORSGRUNNIndustry code 68.110
Buying and selling of own real estate
Equity ratio: Good · 60,7 % (2025)
2025 · company↑ 1,2 million NOK from 2024
4,3 % EBIT margin
RegisteredRegistry data 14.11.2026
FINANCIALS
Financial statements and key figures
Company financial statements
Amount in NOK
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Currency | NOK | NOK | NOK |
| Operating revenue | 20 432 826 | — | 29 545 736 |
| Operating profit | 880 594 | -305 524 | 4 998 722 |
| Net income | 355 937 | -930 859 | 3 395 974 |
| Equity | 2 464 759 | 2 108 822 | 3 039 681 |
| Total assets | 4 058 673 | 13 586 523 | 8 144 180 |
| EBIT margin | 4,3 % | — | 16,9 % |
Indicators: equity / assets and EBIT / operating revenue. Midline is 0%, scale −100% to +100%. Not a credit assessment.
Show trend in NOK
Annual change not calculated
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
↑ 1,2 million NOK from 2024
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 cc4b3fc27d45
- 2024 · NOK · original-NOK · source version 53c69563b1cc
- 2023 · NOK · original-NOK · source version 48b2d397cdda
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 statement13 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating revenue | |||
| Total sales revenue | 20 432 826 | — | — |
| Total operating revenue | 20 432 826 | — | 29 545 736 |
| Operating expenses | |||
| Wage costs | 0 | 0 | 0 |
| Total operating expenses | 19 552 232 | 305 524 | 24 547 014 |
| Operating profit | |||
| Operating income (EBIT) | 880 594 | -305 524 | 4 998 722 |
| Financial income | |||
| Total finance income | 26 015 | — | 17 054 |
| Financial expenses | |||
| Other interest expense | 550 672 | 375 335 | 790 661 |
| Total finance costs | 550 672 | 625 335 | 790 661 |
| Net finance result | -524 657 | -625 335 | -773 607 |
| Results and tax | |||
| Income before tax | 355 937 | -930 859 | 4 225 115 |
| Tax expense on ordinary income | 0 | 0 | 829 141 |
| Net income | 355 937 | -930 859 | 3 395 974 |
| Total comprehensive income | 355 937 | -930 859 | — |
Balance sheet14 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Financial fixed assets | |||
| Total non-current assets | 524 000 | 3 908 014 | 4 208 014 |
| Current assets | |||
| Total inventory | — | 8 173 731 | 3 145 241 |
| Total receivables | 3 533 538 | 850 207 | 718 750 |
| Total investments | — | — | 0 |
| Total cash and cash equivalents | 1 136 | 654 570 | 72 175 |
| Total current assets | 3 534 673 | 9 678 509 | 3 936 166 |
| Total assets | 4 058 673 | 13 586 523 | 8 144 180 |
| Equity | |||
| Total paid-in equity | 100 000 | 100 000 | 100 000 |
| Total retained earnings | 2 364 759 | 2 008 822 | 2 939 681 |
| Total equity | 2 464 759 | 2 108 822 | 3 039 681 |
| Provisions and long-term liabilities | |||
| Total long-term liabilities | — | 2 309 995 | 2 309 984 |
| Current liabilities | |||
| Total current liabilities | 1 593 914 | 9 167 706 | 2 794 516 |
| Total liabilities | 1 593 914 | 11 477 701 | 5 104 499 |
| Total | |||
| Total equity and liabilities | 4 058 673 | 13 586 523 | 8 144 180 |
Executive salaryUnavailable
No information in the available financial statement data.
REGISTRY INFORMATION
Company at a glance
- Industry
- 68.110 · Buying and selling of own real estate Industry classification: Statistics Norway · CC BY 4.0
- Registered address
- Hvalen terrasse 37, 3943 PORSGRUNN
- Founded
- 11.03.2022
- Entity type
- Main entity
ADDRESS AND PROPERTY
Property information
Hvalen terrasse 37, 3943 PORSGRUNN
Companies at the same address
Available company cards
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.
| Name | Role | Source date |
|---|---|---|
| Remy André ReissBorn 1983 | Board member | 14.11.2026 |
| Khang Vinh Nguyen HoBorn 1984 | Chair of the board | 14.11.2026 |
| MEDVIND CONSULTING ASView role record | Accountant | 14.11.2026 |
| Thomas HansenBorn 1980 | Board member | 14.11.2026 |
| Henrik Gulla PedersenBorn 1989 | Board member | 14.11.2026 |
| REVISJON SØR ASView role record | Auditor | 14.11.2026 |
| Daniel Øvstetun ÅsholBorn 1988 | Board member | 14.11.2026 |
| Henrik Gulla PedersenBorn 1989 | General manager | 14.11.2026 |
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 · 4 of 4 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| HG BYGG ASView ownership entryView share entries → | 40,00 % · Ordinary shares | 31.12.2025 |
| KHANG INVEST ASView ownership entryView share entries → | 20,00 % · Ordinary shares | 31.12.2025 |
| REISS HOLDING ASView ownership entryView share entries → | 20,00 % · Ordinary shares | 31.12.2025 |
| ÅSHOL INVEST ASView ownership entryView share entries → | 20,00 % · Ordinary shares | 31.12.2025 |
100,0 %displayed share of shares
- HG BYGG ASOrdinary shares40,00 %
- KHANG INVEST ASOrdinary shares20,00 %
- REISS HOLDING ASOrdinary shares20,00 %
- ÅSHOL INVEST ASOrdinary shares20,00 %
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 (8)
- 2024 · HG BYGG AS · 40,00 %
- 2024 · KHANG INVEST AS · 20,00 %
- 2024 · REISS HOLDING AS · 20,00 %
- 2024 · ÅSHOL INVEST AS · 20,00 %
- 2023 · HG BYGG AS · 40,00 %
- 2023 · KHANG INVEST AS · 20,00 %
- 2023 · REISS HOLDING AS · 20,00 %
- 2023 · ÅSHOL INVEST AS · 20,00 %
YEAR-DATED OWNERSHIP
Company share entries
The company’s own investments in other businesses. Shareholders who own the company are shown under Ownership.
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
Explore documented ownership paths through companies. Each path and share class is shown separately; shares are not added together.
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 · 4 of 4 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| HG BYGG ASView ownership entryView share entries → | 40,00 % · Ordinary shares | 31.12.2025 |
| KHANG INVEST ASView ownership entryView share entries → | 20,00 % · Ordinary shares | 31.12.2025 |
| REISS HOLDING ASView ownership entryView share entries → | 20,00 % · Ordinary shares | 31.12.2025 |
| ÅSHOL INVEST ASView ownership entryView share entries → | 20,00 % · Ordinary shares | 31.12.2025 |
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.
Click a company to open owners. Select i for details.