In five years, Atlas has built up to become a significant player in Eastern Norway, and one of the largest players within the single-family house segment in Oslo. Since its inception in 2018, the company has sold property for over 1 billion and has projects for a further 3.1 billion under development. Over time, the company has developed to include larger regulatory projects, as well as the development of warehouse buildings and grocery stores, in addition to detached houses. The group has eight employees, and all the businesses now employ around 170 man-years.

In August 2022, a private placement was carried out against NorgesGruppen, with which the company also has a strategic partnership. This helps to lift the value-adjusted equity to over NOK 150 million and makes the company well equipped to carry out both larger and more projects.

Since the new year, the company has started sales on seven new projects and has already sold homes for approximately NOK 233 million in these projects. Sales in other ongoing projects are also going well, and the company has sold homes for around NOK 120 million in these. Among other things, their last unit in Pareliusveien was sold and the second last unit in Kvernveien. Both projects are expected to be completed in the summer of 2024.

The company otherwise also has a good cash balance which is used actively to, among other things, develop projects, defer construction loans and other working capital.