INGERØ REITEN INVESTMENT COMPANY AS • 964233713 • Oslo • Activities auxiliary to financial services and insurance activities

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Banking and insurance

/ Financial management

INGERØ REITEN INVESTMENT COMPANY AS

Keywords

portfolio managementwealth managementdefined contribution pension fundsmanagement companiessecurities funds

Organization

CEO: BI
Bård Brath Ingerø1967
Chairman of the board: NR
Narve Reiten1961
Years since formation: 29 years; since Feb 20, 1995
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 9,148; 1 share class
Total number of shareholders: 6; 4 companies, 2 persons
Belongs to group of

Financials

Total operating income 2023: -272,998,324; NOK
Annual total result 2023: -292,184,018; NOK
Total equity 2023: 409,480,387; NOK

Last update: Oct 16, 2024

Management

Management / administration

Name	Role	Shares
BI Bård Brath Ingerø 1967	Managing Director/CEO	33.82 % directly 28.69 % indirectly 5.13 %

Board

Name	Role	Shares
NR Narve Reiten 1961	Chairman	60.98 % directly 53.29 % indirectly 7.68 %
BI Bård Brath Ingerø 1967	Deputy Chair	33.82 % directly 28.69 % indirectly 5.13 %
MV Morten Kiran Viksøy 1971	Board Member	1.36 % indirectly
TB Terje Bakken 1966	Board Member	3.85 % indirectly

Others

Name	Role	Shares
G GRANT THORNTON REVISJON AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
NR Narve Reiten 1961	Chairman	60.98 % directly 53.29 % indirectly 7.68 %
BI Bård Brath Ingerø 1967	Managing Director/CEO, Deputy Chair	33.82 % directly 28.69 % indirectly 5.13 %
TB Terje Bakken 1966	Board Member	3.85 % indirectly
MV Morten Kiran Viksøy 1971	Board Member	1.36 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
NR Narve Reiten 1961	Ordinary shares	4,875	53.29 %
BI Bård Brath Ingerø 1967	Ordinary shares	2,625	28.69 %
R REITEN INVESTMENT COMPANY AS	Ordinary shares	703	7.68 %
L LAGOPUS AS	Ordinary shares	469	5.13 %
K KIKINN INVEST AS	Ordinary shares	352	3.85 %
M MIDTODDVEIEN INVEST AS	Ordinary shares	124	1.36 %

Shares owned by the INGERØ REITEN INVESTMENT COMPANY AS

Name	Share class	Number of shares	Share
R REITEN & CO AS	Ordinary shares	160,000	100 %
V VOW ASA	NO0010708068	31,145,000	27.12 %
N NAVAMEDIC ASA	NO0010205966	3,563,042	20.53 %
O OBSERVE MEDICAL ASA	NO0010865009	37,384,437	19.61 %
V VOW GREEN METALS AS	NO0011037483	31,145,000	18.85 %

Last update: May 24, 2024

Group structure

INGERØ REITEN INVESTMENT COMPANY AS
Total operating income 2023: NOK -272,998,324
Operating profit 2023: NOK -281,876,568
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	-272,998,324	-357,693,955	-221,238,864
Annual Total Result	-292,184,018	-363,964,651	-225,543,779
Total assets	609,561,757	875,834,361	1,203,803,216
Total liabilities	200,081,370	174,352,916	109,925,916
Total equity	409,480,387	701,481,445	1,093,868,300

P&L

Year	2023	2022	2021
Total operating income	-272,998,324	-357,693,955	-221,238,864
Total operating costs	8,878,244	4,226,360	3,792,898
Operating result	-281,876,568	-361,920,315	-225,031,762
Financial income/costs	-10,307,450	-2,044,336	-512,017
Profit before tax	-292,184,018	-363,964,651	-225,543,779
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-292,184,018	-363,964,651	-225,543,779

Balance overview

Year	2023	2022	2021
Total fixed assets	103,943,145	207,686,618	298,635,404
Total current assets	505,618,612	668,147,743	905,158,812
Total assets	609,561,757	875,834,361	1,203,803,216
Short term debt	4,027,597	4,772,079	20,160,207
Long term debt	196,053,774	169,580,837	89,765,710
Total liabilities	200,081,370	174,352,916	109,925,916
Contributed capital	184,057,921	183,874,961	183,874,961
Retained earnings	225,422,466	517,606,484	909,993,339
Total equity	409,480,387	701,481,445	1,093,868,300
Total equity and liabilities	609,561,757	875,834,361	1,203,803,216

Classification

Category

Banking and insurance

/ Financial management

Type of organization

Limited company

Standard industrial classification

K

Main industrial area

Financial and insurance activities

66

Activity

Activities auxiliary to financial services and insurance activities

66.3

Main industrial group

Fund management activities

66.30

Industrial group

Fund management activities

66.300

Industrial group

Fund management activities