Faktor Eiendom
| Company type | Public (OSE: FAKTOR |
|---|---|
| Industry | Construction |
| Founded | 2001 |
| Defunct | 2011 |
| Headquarters | Rakkestad, Norway |
Area served | Scandinavia |
Key people | Per Gunnar Rymer (CEO) Jon Sandberg (Chairman) |
| Revenue | NOK 657 million (2010) |
| NOK (434 million) (2010) | |
| NOK (523 million) (2010) | |
Number of employees | 674 (2010) |
| Website | www.faktoreiendom.no |
Faktor Eiendom is a Norwegian construction company that is engaged in building residential and recreational houses,[1] factory production of low-cost housing (e.g. student flats), and managing hotels and resorts. The Company experienced serious liquidity problems in 2010 which resulted in DnB NOR converting NOK 250 million of debt into equity and taking 30.7% ownership of the company.[2][3] After taking office in Q4 2010, CEO Per Gunnar Rymer has turned the strategy of the company towards real-estate development and factory production of houses and flats.[4]
Faktor Eiendom was taken under bankruptcy proceedings by a court order of 27 September 2011.[5]
References
- ^ "Faktor Eiendom ASA- Company Details on ZAWYA". www.zawya.com. Retrieved 2025-02-27.
- ^ "The Conversion of Debt to Equity: Understanding Liquidity Risk in Faktor Eiendom ASA's Situation" (PDF).
- ^ "Vital Forsikring - Annual Report dnbnor.no". 1library.net. Retrieved 2025-02-27.
- ^ "Northern Logistic Property ASA - CEO resigns | BeursCouranl.nl". www.beurscourant.nl. Retrieved 2025-02-27.
- ^ [email protected] (2009-01-05). "Oslo Børs Tried Its Best, But It Was A Botch-Up As Usual". Global Custodian. Retrieved 2025-02-27.