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Norwegian Property ASA - Company Capsule by ICDResearch

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ICD Research's ‘Norwegian Property ASA - Company Capsule’ is a crucial resource for industry executives and anyone looking to access key information about “Norwegian Property ASA ICD Research's ‘Norwegian Property ASA - Company Capsule’ reports utilize a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. ICD Research strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report.

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									Norwegian Property ASA

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Norwegian Property ASA - Company Capsule

Reference Code: CN0718CC
Published Date: April 2011




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Norwegian Property ASA - Company Capsule                                            Page 1
Norwegian Property ASA

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Norwegian Property ASA - Company Overview

Norwegian Property ASA (NPA) is a Norway-based property investment company. It is engaged in the acquisition,
development, ownership and operation of commercial properties in Norway. The company’s portfolio includes office
buildings, retail premises, warehousing and parking in Oslo, Stavanger and Bergen, as well as a shopping centre at Aker
Brygge with retail premises and restaurants. The commercial properties business is managed by the company and its
subsidiaries and the hotel property is managed through its wholly owned subsidiary, Norgani Hotels. The company’s
portfolio includes 48 commercial properties and 74 hotel properties. It principally operates in Norway. The company is
headquartered in Oslo, Norway.


Financial Performance

The company reported revenue of NOK 1,767.67 million during the fiscal year ended December 2009. The company's
revenue grew at a CAGR of 21.59% during the period 2007-2009 with a year on year decrease of 5.31% over fiscal year
2008. During the fiscal year 2009, its operating margin was -21.42% as against an operating margin of -138.80% in fiscal
year 2008. During the fiscal year 2009, the company registered a net margin of -66.13% as against a net margin of -
217.4% in the fiscal year 2008.




Norwegian Property ASA - Key Facts

Norwegian Property ASA, Key Facts

                                  Stranden 3A, Oslo, , 0250,
                                                                    Ticker Symbol, Stock
Corporate Address:                Norway
                                                                                               NPRO (Oslo Stock Exchange)
                                                                    Exchange



Telephone                          + 47 22 834020                   No. of Employees           32



Fax                                + 47 22 834021                   Financial Year End         December



URL                               www.norwegianproperty.no          Revenue (in NOK Million)   1,767.67



Industry                          Construction                      Revenue (in USD Million)   280.58



Locations                         Norway

Source: Annual Report, Company Website, Primary and Secondary Research




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Norwegian Property ASA - Company Capsule                                                                            Page 2
Norwegian Property ASA

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Norwegian Property ASA - Major Products and Services

Norwegian Property is a Norway based property investment company. Key service offer by the company includes the
following:

Norwegian Property ASA, Major Products and Services
Services:

Renting and Leasing of Commercial Property
Source: Annual Report, Company Website, Primary and Secondary Research




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Norwegian Property ASA - Company Capsule                                                                    Page 3
Norwegian Property ASA

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Norwegian Property ASA - Key Competitors

The following companies are the major competitors of Norwegian Property ASA:

Eiendomsspar AS

Olav Thon Group

Havila Ariel ASA

Northern Logistic Property ASA

Scandinavian Property Development ASA




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Norwegian Property ASA - Company Capsule                                            Page 4
Norwegian Property ASA

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Norwegian Property ASA - Key Employees


Norwegian Property ASA, Key Employees


             Name                          Job Title                      Board Level     Since   Age


Aili Klami                 Vice President - Commercial Property     Senior Management     2006    54


Anders Vatne               President - Norgani Hotels               Senior Management             45


Arvid Grundekjon           Chairman                                 Executive Board       2010    55


Bjorge Aarvold                                                      Executive Board       2010


Elise Heidenreich          Investor Relations Officer               Senior Management     2009


Gry Molleskog              Director                                 Non Executive Board   2008    48


Jon Erik Brondmo           Director                                 Non Executive Board   2010    46


Nils K Selte               Director                                 Non Executive Board   2008    45


Olav Line                  President, Chief Executive Officer       Senior Management     2010    52


                           Chief Investment Officer, Chief
Svein Hov Skjelle                                                   Senior Management     2010    43
                           Financial Officer


Synne Syrrist              Director                                 Non Executive Board   2008

Source: Annual Report, Company Website, Primary and Secondary Research




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Norwegian Property ASA - Company Capsule                                                               Page 5
Norwegian Property ASA

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Norwegian Property ASA - Locations and Subsidiaries

Head Office

Norwegian Property ASA
Stranden 3A
Oslo
Zip: 0250
Norway
Tel: + 47 22 834020
Fax: + 47 22 834021



Other Locations & Subsidiaries

Norwegian Property ASA, Subsidiaries

Drammensveien 134                                                   Finnestadveien 44
Norway                                                              Norway




Gardermoen Naeringseiendom                                          Maridalsveien 323
Norway                                                              Norway




                                                                    Norwegian Property As
                                                                    Lokkev 103
Middelthunsgate 17                                                  Oslo
Norway                                                              Zip: 0120
                                                                    Norway
                                                                    Tel: + 47 5153 5758
                                                                    Fax: + 47 5153 5757


Norwegian Property Holding                                          Oslo Properties
Norway                                                              Norway




Skoyen Bygg                                                         Telebygget
Norway                                                              Norway


Source: Annual Report, Company Website, Primary and Secondary Research




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Norwegian Property ASA - Company Capsule                                                    Page 6
Norwegian Property ASA

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Norwegian Property ASA - Financial Ratios

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