Other investments

Other activities include aircraft and ship leasing, as well as property and financial management.

O N Sunde Eiendom

Property investments encompass commercial properties in the Ålesund region and in eastern Norway. The properties are leased out both to Group companies and to third parties.

Total turnover in 2018 for the real estate business was NOK 25 million. EBITDA was NOK 17 million.

Financial investments

Financial investments achieved a net realized return of NOK 20 million in 2018. Total return was 15.4% of average allocated capital.

Other activities

The Group is involved in a number of other activities and supports a variety of companies and organizations that contribute to our society.