BAGGINS AS • 922703574 • Oslo • Financial service activities, except insurance and pension funding

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Banking and insurance

/ Financial fund

/ 64.306 Venture and development capital companies

BAGGINS AS

Keywords

start-up fundseedgrowth fundventureacquisition funddevelopment fundunlisted companies

Organization

CEO: AG
Anders Gaarud1979
Chairman of the board: IO
Ingar Owren Solheim1968
Years since formation: 6 years; since Jun 11, 2019
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 1; 1 share class
Total number of shareholders: 1; person
Belongs to group of

Financials

Total operating income 2024: 580,914,316; NOK
Annual total result 2024: 566,494,227; NOK
Total equity 2024: 2,482,636,567; NOK

Last update: Jul 29, 2025

Management

Management / administration

Name	Role	Shares
AG Anders Gaarud 1979	Managing Director/CEO	-

Board

Name	Role	Shares
IO Ingar Owren Solheim 1968	Chairman	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-
S STATEMENT AS	Accountant	-

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
AB Ag Baggins	Ordinary shares	1	100 %

Shares owned by the BAGGINS AS

Name	Share class	Total number of shares	Share
B BAGGINS VENTURE AS	A-shares	989,860	98.99 %
A AURORA ART AS	Ordinary shares	1,499	49.97 %
F FRAUNAR CAPITAL MANAGEMENT AS	Preference shares	50,987	47.89 %
F FRAUNAR PUBLIC EQUITY AS	Preference shares	38,806	43.12 %
B BARENTS AURORA INVEST AS	Preference shares	11,666	38.89 %
F FRAUNAR INVEST AS	Preference shares	26,504	29.45 %
T TURBULENT FLUX AS	Preference shares	50,000	15.31 %
S STANDARD BIO AS	Ordinary shares	2,773,818	7.09 %
D DOLPHITECH AS	NO0010717408	132,500	6.38 %
S SANDWATER FUND I AS	A-shares	2,701,497	5.3 %
R REQ CO-INVEST BERGEN AS	Class B shares	2,303	4.11 %
K KØBENHAVN KONTORBYGG II AS	Ordinary shares	30,000	3 %
H HALLGRUPPEN AS	Ordinary shares	100,000	2.62 %
P PREMIUM MARITIME FUND AS	Ordinary shares	708,506	2.5 %
R REQ REAL ESTATE FUND I AS	Ordinary shares	143,902	2.33 %
T TRD CAMPUS HOLDING AS	Ordinary shares	13	1.3 %

Last update: Jun 2, 2025

Group structure

BAGGINS AS
Total operating income 2024: NOK 580,914,316
Operating profit 2024: NOK 576,884,501
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	580,914,316	133,997,828	0	0
Annual Total Result	566,494,227	196,108,082	219,822,843	1,347,028,435
Total assets	2,514,145,477	2,158,045,864	2,547,666,778	2,430,480,060
Total liabilities	31,508,909	41,903,524	197,632,521	50,268,644
Total equity	2,482,636,567	2,116,142,340	2,350,034,258	2,380,211,414

P&L

Year	2024	2023	2022	2021
Total operating income	580,914,316	133,997,828	0	0
Total operating costs	4,029,815	2,952,292	3,146,668	2,869,548
Operating result	576,884,501	131,045,535	-3,146,668	-2,869,548
Financial income/costs	19,721,564	119,619,659	252,303,773	1,398,951,616
Profit before tax	596,606,065	250,665,194	249,157,104	1,396,082,068
Total tax & extraordinary income/cost	30,111,838	54,557,112	29,334,261	49,053,633
Annual Total Result	566,494,227	196,108,082	219,822,843	1,347,028,435

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	1,432,674,352	1,318,743,910	1,159,376,050	683,212,350
Total current assets	1,081,471,125	839,301,954	1,388,290,728	1,747,267,710
Total assets	2,514,145,477	2,158,045,864	2,547,666,778	2,430,480,060
Short term debt	31,508,909	26,791,552	197,632,521	50,268,644
Long term debt	0	15,111,971	0	0
Total liabilities	31,508,909	41,903,524	197,632,521	50,268,644
Contributed capital	30,000	30,000	30,000	130,000
Retained earnings	2,482,606,567	2,116,112,340	2,350,004,258	2,380,081,414
Total equity	2,482,636,567	2,116,142,340	2,350,034,258	2,380,211,414
Total equity and liabilities	2,514,145,476	2,158,045,864	2,547,666,779	2,430,480,058

Classification

Category

Banking and insurance

/ Financial fund

Type of organization

Limited company

Standard industrial classification

K

Main industrial area

Financial and insurance activities

64

Activity

Financial service activities, except insurance and pension funding

64.3

Main industrial group

Trusts, funds and similar financial entities

64.30

Industrial group

Trusts, funds and similar financial entities

64.306

Industrial group

Venture and development capital companies