Veidekke — Fund Information / Factsheet 2018

May 2, 2018

Fact sheet: Hande AS

• Hande was established in 1936
• The company has 25 experienced and skilled employees; Anders Asp is general manager.
• The head office is at Frysja in Oslo
• Mainly performs assignments in the Oslo area for professional property interests:
• o Rebuilding and fitting out office premises in Oslo
• o Takes on turnkey contracts for professional property managers and repeat customers
• o Typical project size is NOK 1-10 million
• o Implements projects up to NOK 50 million
• Hande AS is a provider of building services with a high level of in-house production for:
• o Carpentry
• o Floors
• o Painting
• Affiliated partners for
• o Masonry/tiles
• o Electrics
• o HVAC and plumbing
• Current ownership structure: 100% of Hande AS is owned 40/40/10/10 by Lars Hande, Erik Hande, Anders Asp and Tom Ødegård through their respective companies.
• Key figures (in NOK million):

	2017	2016	2015	2014
Turnover	210	168	143	104
Operating profit	18.7	20	12.9	12.7
Profit before tax	17.6	13.1	14.2	12.6
Profit margin %	8.4	7.8	9.9	12.2

The company has a book equity ratio of 20% at the end of 2017.

For more information, seehttp://hande.no/