STARTUP NORWAY AS

Closed at November 10th, 2025, Insolvency proceedings

Liquidation estate:

Investere i aksjer, tilrettelegge for utvikling av selskaper, rådgivning og aktiv deltagelse i virksomhet relatert investeringsvirksomheten.

Investering i verdipapirer og rådgivning.

Organization

CEO: MH
Maja Hvammen Adriaensen1985
Chairman of the board: OS
Ole-Morten Settevik1958
Operation time: 10 years; - Oct 28, 2015 to Nov 10, 2025
Type: Limited company
VAT registered: No
Number of employees: 0

Financials

Total operating income 2023: 10,977,921; NOK
Annual total result 2023: -3,788,016; NOK
Total equity 2023: 839,170; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
MH Maja Hvammen Adriaensen 1985	Managing Director/CEO	-

Board

Name	Role	Shares
OS Ole-Morten Settevik 1958	Chairman	-
SL Sarah Lerche 1965	Board Member	-
JE John Edward Creed 1970	Board Member	-
UP Ulla Persson Sommerfelt 1961	Board Member	-
TV Tatiana Vladimirovna Budkova 1977 Resigned	Board Member	-

Others

Name	Role	Shares
E EIRA REVISJON & RÅDGIVNING AS	Auditor	-
Z ZPECTER ØKONOMI AS	Accountant	-

Last update: Oct 2, 2024

Ownership

Shares owned by the STARTUP NORWAY AS

Name	Share class	Total number of shares	Share
A ANGEL CHALLENGE AS Closed	Ordinary shares	30,000	100 %
S STARTUP NORWAY CAMPUS AS Closed	Ordinary shares	41,150	100 %
S STARTUP EXTREME AS	Ordinary shares	1,300,000	100 %
T TITL AS Closed	Ordinary shares	64	0.38 %

Last update: Jun 2, 2025

Group structure

STARTUP NORWAY AS
Total operating income 2023: NOK 10,977,921
Operating profit 2023: NOK -3,482,287
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	10,977,921	17,244,256	14,861,681
Annual Total Result	-3,788,016	164,602	264,061
Total assets	8,831,223	10,825,426	10,194,109
Total liabilities	7,992,053	9,508,240	9,052,526
Total equity	839,170	1,317,186	1,141,584

P&L

Year	2023	2022	2021
Total operating income	10,977,921	17,244,256	14,861,681
Total operating costs	14,460,208	16,862,631	14,476,057
Operating result	-3,482,287	381,625	385,624
Financial income/costs	-305,729	-168,207	-50,544
Profit before tax	-3,788,016	213,418	335,080
Total tax & extraordinary income/cost	0	48,816	71,019
Annual Total Result	-3,788,016	164,602	264,061

Balance overview

Year	2023	2022	2021
Total fixed assets	4,707,134	4,927,860	4,741,482
Total current assets	4,124,089	5,897,566	5,452,628
Total assets	8,831,223	10,825,426	10,194,109
Short term debt	4,500,388	5,474,908	7,052,526
Long term debt	3,491,665	4,033,332	2,000,000
Total liabilities	7,992,053	9,508,240	9,052,526
Contributed capital	3,371,584	61,584	50,584
Retained earnings	-2,532,414	1,255,602	1,091,000
Total equity	839,170	1,317,186	1,141,584
Total equity and liabilities	8,831,223	10,825,426	10,194,109

Classification

21st company classification

BETA

Small company

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

STARTUP NORWAY AS916 143 400