HOVEM AS
Organization
- CEO
- KA
Knut Arne Hovem1963
- Chairman of the board
- KA
Knut Arne Hovem1963
- Years since formation
- 5 years
- since Mar 17, 2020
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 3,006,928
- NOK
- Annual total result 2024
- 19,400
- NOK
- Total equity 2024
- 298,640
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KA 1963 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
KA 1963 | Chairman | 100 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KA 1963 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Jan 9, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
KA 1963 | Ordinary shares | 300 | 100 % |
Shares owned by the HOVEM AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 40,000 | 40 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 3,006,928 | 3,123,982 | 3,333,198 |
Annual Total Result | 19,400 | -4,025 | -84,049 |
Total assets | 890,450 | 949,603 | 699,288 |
Total liabilities | 591,810 | 670,363 | 416,022 |
Total equity | 298,640 | 279,240 | 283,266 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 3,006,928 | 3,123,982 | 3,333,198 |
Total operating costs | 2,977,469 | 3,128,016 | 3,417,260 |
Operating result | 29,459 | -4,034 | -84,062 |
Financial income/costs | -5,722 | 9 | 13 |
Profit before tax | 23,737 | -4,025 | -84,049 |
Total tax & extraordinary income/cost | 4,337 | 0 | 0 |
Annual Total Result | 19,400 | -4,025 | -84,049 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 40,000 | 40,000 | 40,000 |
Total current assets | 850,450 | 909,603 | 659,288 |
Total assets | 890,450 | 949,603 | 699,288 |
Short term debt | 591,810 | 670,363 | 416,022 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 591,810 | 670,363 | 416,022 |
Contributed capital | 30,000 | 30,000 | 30,000 |
Retained earnings | 268,640 | 249,240 | 253,266 |
Total equity | 298,640 | 279,240 | 283,266 |
Total equity and liabilities | 890,450 | 949,603 | 699,288 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises