Thursday, April 16, 2015

Sundt siblings increased wealth by 1.7 billion – HegnarOnline

– We all go millimeter step together, says CEO Leif Askvig of Sundt AS to DN, while he explains how one of the largest fortunes managed together with the heirs of former shipping magnate Petter CG Sundt Helene and Christian Sundt.

The owners themselves are not to see when DN visiting the fashionable office environment Queen innermost Bygdøy in Oslo.

– It offers great value for Helene and Christian to stand in line at the cinema without being recognized. Almost daily is one of them by the office, and they know how we think and act. They are very active, but less visible to the outside world, says Askvig said.

Figures show that last year grew Sundt-assets’ net asset value from six to 7.7 billion. The last 11 years have values ​​increased by 13 percent annually on average.

The equity portfolio has passed the one billion and value the increase was 21 percent last year, according to DN.

Now wait Askvig one cooling.

– The krone has depreciated much against the dollar and slightly against the euro last year. Interest shall probably not fall as much, and the oil price seems to have stabilized at a lower level. This means that the positive effects of the companies would be fewer. Sooner or later it may affect the economy, says Askvig to DN.

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