Brunstad Norway



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  2. Brunstad is most frequently occurring in Norway, where it is borne by 373 people, or 1 in 13,786. In Norway it is most prevalent in: Western Norway, where 61 percent are found, Eastern Norway, where 31 percent are found and Northern Norway, where 5 percent are found. Without taking into account Norway it is found in 8 countries.

Welcome to the Brunstad google satellite map! This place is situated in Nord-Trondelag, Norway, its geographical coordinates are 64° 10' 0' North, 11° 46' 0' East and its original name (with diacritics) is Brunstad. See Brunstad photos and images from satellite below, explore the aerial photographs of Brunstad in Norway. Brunstad – furniture since 1941 Will power, pride and well performed workmanship have always been at the core of our business. This was also the driving force when my father, Hjalmar Brunstad, started to create furniture in his cellar when twenty-two years old. He was an ambitious craftsman with a good eye for fabric and design.

The Brunstad Foundation’s largest operations are currently carried out at Brunstad within Sandefjord Municipality in Norway. Over the past 10 years, the foundation has contributed to a large-scale development, which has been estimated to cost around NOK 3,600 million.

The Brunstad Foundation and our subsidiaries therefore find ourselves within an extraordinary period of time. Extensive planning processes and preparations took place during the years before the construction started and in 2019 we put almost seven years of substantial and visible progress in the project behind us. We are proud to see that the progress is happening according to the plan and that we have good control of the costs of the project.

Extent of the development and cost framework

Preparatory construction work started in 2012 and the entire project has, on the whole, been planned to be completed in 2022.

The construction project includes:

  • Better conference facilities, including the capacity for more meeting rooms as well as better kitchen and storage spaces
  • An increase in accommodation capacity with 16 new hotel buildings (1600 suites)
  • Activity facilities totaling approximately 20,000 m2 and an outdoor activity park
  • Extensive work on outdoor areas, development of new park grounds and better access
  • Improved parking, with approximately 1,500 underground parking spaces
  • Fixed sequential projects for the municipality, e.g. roads, footpaths, development of recreational areas, alterations to water and sewerage lines

The construction project has an expected cost framework of approximately NOK 3,600 million.

As of 31 December 2018, approximately NOK 2,500 million of this had been invested. Oslofjord Property AS, in addition, purchased the existing conference center from the Brunstad Foundation in 2015 for NOK 202 million.

Developer: Oslofjord Property AS

In 2011, the Brunstad Foundation established the subsidiary Oslofjord Property AS. This company is the developer of the Oslofjord Convention Center expansion.

As of 31 December 2018, Oslofjord Property AS had an equity amounting to NOK 394 million.

The remaining financing for the construction project has been obtained as follows:

  • Private individuals have signed 50-year lease agreements for suites in hotel buildings. The advance leasing stands at approximately NOK 350 million
  • Oslofjord Convention Center AS has signed a 20-year lease agreement for hotel and conference center facilities. The advance leasing is expected to total closer to NOK 2,000 million. Oslofjord Convention Center AS is raising this capital by entering into 20-year hotel agreements with private individuals
  • The Brunstad Foundation has provided a line of credit of NOK 1,150 million (4% interest per annum) covering the remaining loan needed to complete the project. The loan balance as of 31 December 2018 was NOK 1,087 million

See the financing model schematically presented below:

FINANCING MODEL

The advance leasing is paid to Oslofjord Property AS concurrently with the buildings being completed. All advance leasing paid is recognized linearly over the term of the agreements.

THE BRUNSTAD FOUNDATION

As of 31 December 2018, the Brunstad Foundation had an equity of NOK 1,011 million, which, to a significant extent, is tied up in property at Brunstad (building plots, as well as housing units built until 2006).

Norway

The capital that the Brunstad Foundation has lent to Oslofjord Property AS has been borrowed from Brunstad Christian Church as well as affiliated local associations in several countries. The church’s interest in the location has been to ensure that there is a place for gathering for international Christian conferences, but has not had any intention of owning or operating such a large estate.

All of the Brunstad Foundation’s funding from BCC local churches will be repaid by 2027. Lending to the Brunstad Foundation in the meantime is a good and safe capital investment for the local associations, based on market-related terms.

Brunstad Foundation and its subsidiaries have no bank loans or loans from other financial institutions. The project has been fully financed in accordance with the model described and schematically presented above.

Long-term economic 2030 plan

The Brunstad Foundation and its subsidiaries, together with advisors at Boston Consulting Group and EY, have worked out a long-term economic plan until 2030.

The plan shows a good return on invested capital, and thus also a good debt servicing capacity for the interest-bearing loans. The plans have, among other things, been based on extensive market analyzes for Oslofjord Convention Center AS’ commercial operations.

For more information about Oslofjord Convention Center AS visit www.oslofjord.com.

Risk assessment of the economic plan

In the spring of 2019, considerable effort was put into assessing the various risk factors of the economic plan. The biggest risk is related to the commercial operations of the subsidiary Oslofjord Convention Center AS. It was therefore crucial that this business receives the necessary framework conditions for success, and a management model was decided on, which will facilitate that. The company is to be run on an entirely commercial basis, regardless of the Foundation’s background and ideal objectives.

As long as the construction project is in progress, there is also a construction risk. Forecasting work is being carried out on an ongoing basis, and we have good historical figures from hotel buildings that have been completed, so the risk of major overruns on the remaining part of the project is relatively small.

Norway

There is still some risk associated with the payment of advance leasing for the agreements that have not already been paid in full. The last agreements are due for payment in December 2019.

Annual reports

We would also like to point out that all of the Brunstad Foundation’s auditor-approved annual reports are available on this website.

See also our ethical guidelines, as well as other useful information about our business entity.

Touched by the hand of 4D. A Norwegian church is spreading the story of the early Christian church in high definition using the magic of 3D and 4D technology. James Christopher reports.

Norway

Norway’s Brunstad Christian Church uses music and film to get its message across. Its marketing centre at Brunstad Conference Centre in Stokke, which opened in summer 2008, features a 4D cinema, a showroom and an exhibition area.

The cinema shows a 4D film about the early Christian church. “We have made our own film Begynnelsen [Beginning] with two HD cameras and an Apple solution of two uncompressed digital HD SDI streams,” says Halvor Bekkevold, CEO of DKM Forum, which produces and markets Brunstad Christian Church’s film and music material.

Synchronised sensations

Brunstad Furniture Norway

While watching the film in 3D, spectators experience various 4D sensations synchronised with the movie story: their seats move, the wind blows, they are sprayed with water, and more.

Bekkevold explains: “We made the 4D seats ourselves, with servomotors (each seat is a simulator) and water, air, strobes, ‘butt shakers’ (subwoofers attached to the seats and transmitting vibrations to the spectator’s body and ears), leg tickles and stars.”

The 3D film and the 4D effects are synchronised by Medialon’s Manager Pro software. Medialon controls an AV Stumpfl Wings Platinum multidisplay presentation system, which is used to play back HD content on two Panasonic digital HD projectors with stereoscopic technology.

Medialon Manager also controls and synchronises lighting using the ArtNet DMX-over-IP protocol; the 15 seats with three servomotors and a Galil motion controller through TCP/IP, used to activate the specific motion profile for each film.

Easy updates

Sound in the cinema is handled by two BSS Soundweb London audio boards, both controlled by Medialon.

“Using Medialon Manager allows easy updates, synchronisation and changes of all the 4D effects,” says Ben Brodie, DKM programmer. “Thanks to the timeline, Medialon Manager offers simple change of the 4D special effects and adapts the special effects so they can match with the movie.”

Multi-functional system

A Medialon Manager panel has been designed for the installation, and is used for functions such as changing, starting and stopping a show, and testing 4D effects.

“When we found Medialon Manager, it was like all the pieces in the puzzle fitted,” declares Brodie. “With the tremendous amounts of MxMs [Medialon plug-ins] available, it allowed us to easily select and control other AV products from different AV suppliers. Then, of course, the synchronisation and timeline programming offered by Medialon Manager are fundamental when one is building a 4D cinema.

“Without Medialon Manager it would have been very hard for us to complete this 4D cinema project. We also have had very professional support from Medialon during the programming phase.”

Brunstad Christian Church Norway

In the showroom, Medialon Manager runs six Dataton Watchout licences via TCP/IP, played back by five Epson full HD projectors, all working together. Images are displayed on a 2m high by 5m wide, 90º-curved screen.

For the sound, one Soundweb London Blu has been integrated and is also managed by Medialon Manager. Administrators can start or stop the projection, and change the show simply by touching a button on another Medialon Manager panel.

Brunstad Norway

Finally, the exhibition centre displays audio and video via 21 Dataton Watchout licences, all under Medialon Manager control.