Key figures 2013
In 2013 Sundt had an after tax profit of NOK 514 million against NOK 270 million in 2012.
Sundt consists of the holding companies Helene Sundt AS, CGS Holding AS, and the investment company Sundt AS. The focus is on long term investments and infrastructure.
"2013 was a good year for Sundt," says CEO Leiv Askvig. He explains the results with a strong development in financial and real estate investments.
"We experience the same fluctuations as every financial investor, but our base capital enables us to operate with a long-term focus. At the same time we have the opportunity to increase our commitment and create values," says Askvig.
Jacob Iqbal is in charge of Sundt’s equity portfolio.
"Web browser company Opera Software turned out to be an especially good investment in 2013", says Iqbal.