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MODALEN EIENDOM AS

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MODALEN EIENDOM AS

Org.nr. 892 144 222 · Private limited company (AS) · LILLESAND

Analyze

Key figures 2025

Revenue

NOK 7.3m

Operating profit

-NOK 900k

▼ 499.7%

Net profit

-NOK 7.1m

▼ 800.3%

Equity

NOK 4.9m

▲ 339.5%

Employees: Not registered
Revenue per employee: Cannot be calculated
Operating margin: -12.3%
Age: 18 years

Source: Regnskapsregisteret (Brønnøysundregistrene) · Fetched 27/10/2026, 07:16

Creating the analysis …

Key information

Chief executive

Financial health 2025

Profitability

-3.2%

Not satisfactory

Solidity

17.5%

Good

Liquidity

Roles

General manager: Richard Vasstrøm Modalen (b. 1978) – General manager
Board: Bjørn Erik Modalen (b. 1954) – Chair of the board
Richard Vasstrøm Modalen (b. 1978) – Board member
Eldbjørg Modalen (b. 1955) – Deputy board member
Auditor: REVISJONSFIRMA ELIASSEN AS – Auditor
Accountant: ENORA AS – Accountant

Person profiles with every company a person has roles in are coming soon.

Source: Enhetsregisteret (Brønnøysundregistrene) · Fetched 27/10/2026, 07:16

People

People with roles in this company, and the other companies they have roles in.

Bjørn Erik Modalen (b. 1954)
Here: Chair of the board
Also has roles in
Eldbjørg Modalen (b. 1955)
Here: Deputy board member
Also has roles in
- BYGGMESTER MODALEN ASDeputy board member
- FORENINGEN NYGÅRDSGATE

Richard Vasstrøm Modalen (b. 1978)

Industry

68.120 Utvikling og salg av byggeprosjekter

Address

Hæstadveien 5, 4770 HØVÅG

Employees

Not registered

Founded

2 January 2008

Website

Not registered

Contact details

Not registered

Auditor

REVISJONSFIRMA ELIASSEN AS

Accountant

ENORA AS

Purpose / activity (in Norwegian)

Eiendomsutvikling, herunder kjøp og salg av fast eiendom, samt hva hermed står i forbindelse, herunder å delta i andre selskaper med samme formål.

More company details

Organisation number: 892 144 222
Legal form: Private limited company (AS) (AS)
Registered in the Central Coordinating Register: 19 January 2008
Sector: Private aksjeselskaper mv.
VAT register: Not registered
Register of Business Enterprises: Registered
Latest annual accounts filed: 2025
Business address: Hæstadveien 5, 4770 HØVÅG
Postal address: Not registered
Municipality: LILLESAND

Source: Enhetsregisteret (Brønnøysundregistrene) · Fetched 27/10/2026, 07:16

27.15

Very good

Accounts

Operating revenue

NOK 7.3m

753k

2023

–

2024

7.3M

2025

Operating profit

-NOK 900k▼ 499.7%

−127k

2023

−150k

2024

−900k

2025

Net profit

-NOK 7.1m▼ 800.3%

1.2M

2023

−789k

2024

−7.1M

2025

Equity

NOK 4.9m▲ 339.5%

−1.2M

2023

−2M

2024

4.9M

2025

Total assets

NOK 27.9m▼ 9.6%

27.1M

2023

30.9M

2024

27.9M

2025

Total liabilities

NOK 23m▼ 30.1%

28.3M

2023

32.9M

2024

23M

2025

Source: Regnskapsregisteret (Brønnøysundregistrene) · Fetched 27/10/2026, 07:16

Board member

›

Richard Vasstrøm Modalen (b. 1978)

Here: General manager, Board member

Also has roles in

BYGGMESTER MODALEN ASGeneral manager, Board member
FOSSBEKK UTVIKLING ASBoard member
GRAMOD ASChair of the board
KC BYGG ASChair of the board
MODALEN HOLDING ASChair of the board
STRANDGT. 10 HOLDING ASBoard member
SWOPPER ASBoard member

Companies

No companies are connected to this entity through roles.

Owners (shareholders) are not in the business register but in the Norwegian Tax Administration's shareholder register. Coming later.

People are matched on name and date of birth from the register, never on name alone. Source: Register of roles (Brønnøysundregistrene) · Fetched 25/10/2026, 22:59