biztrac. BETA
COMPANY REGISTER PROFILE
989003992 ORG. NO. 2025 ACCOUNTS 10 SECTIONS
Active UPDATED 03.10.2026
Development of building projects

TO UTVIKLING AS

Org. no. 989003992 Limited company (AS) Holmestrand Incorporated 2005 Active
Ownership graph ↗
Operating profit NOK −6.5m
Equity NOK −18.0m
Incorporated 2005
Share capital NOK 5.4m

Signals

2 flags
  • Negativ egenkapital 2025 Bokført egenkapital er negativ (−18,0 mill kr).
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−6,5 mill kr).

TO UTVIKLING AS is registered as a limited company in Holmestrand, Vestfold with organisation number 989003992. The business is classified under development of building projects (NACE 68.120). The company was incorporated in 2005. Registered share capital is NOK 5.4m, divided into 5430000 shares. The company's stated purpose is: “Selv, gjennom hel-eller deleide selskaper eller ved samarbeide med andre virksomheter å forestå investeringsvirksomhet, konsulentvirksomhet og forretningsførsel og annen virksomhet beslektet med denne.”.

Former names: PANORAMA GROUP HOLDING AS, THORRUD UTVIKLING AS

Key figures · 2025

Operating profit
NOK −6.5m
▼ −5 %
Equity
NOK −18.0m
▼ −102 %

Financial health · 2025

Liquidity
0.00
Not satisfactory
Current assets ÷ current liabilities
Profitability
-146.4%
Not satisfactory
Return on total assets
Solidity
-155107.0%
Weak
Equity as a share of total capital

Solidity capped at Weak because equity is below NOK 100,000.

Who owns TO UTVIKLING AS?

TO UTVIKLING AS
· NOK −6.5m profit

TO UTVIKLING AS has 1 registered shareholder:

All shareholders and roles →

Which companies does TO UTVIKLING AS own?

TO UTVIKLING AS holds stakes in 11 companies:

See the full ownership structure →

Frequently asked questions about TO UTVIKLING AS

Who owns TO UTVIKLING AS?

Håkon Thorrud is the largest registered owner, with 100.0%.

Who is the general manager of TO UTVIKLING AS?

Håkon Thorrud is registered as general manager of TO UTVIKLING AS.

Where is TO UTVIKLING AS based?

TO UTVIKLING AS has its business address in Eidsfoss.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 03.10.2026.

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