LØVAAS INVEST AS • 915483194 • Hvam • Financial service activities, except insurance and pension funding

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Banking and insurance

/ Financial fund

/ 64.308 Captive investment companies

LØVAAS INVEST AS

Keywords

placementsecurities

Organization

CEO: ML
Magne Løvaas1976
Chairman of the board: ML
Magne Løvaas1976
Years since formation: 10 years; since Jun 4, 2015
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 300; 1 share class
Total number of shareholders: 1; person

Financials

Annual total result 2024: 1,199,081; NOK
Total equity 2024: 15,534,444; NOK

Last update: Jun 10, 2025

Management

Management / administration

Name	Role	Shares
ML Magne Løvaas 1976	Managing Director/CEO	100 % directly

Board

Name	Role	Shares
ML Magne Løvaas 1976	Chairman	100 % directly

Others

Name	Role	Shares
Ø ØKONOMI MANAGEMENT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
ML Magne Løvaas 1976	Managing Director/CEO, Chairman	100 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
ML Magne Løvaas 1976	Ordinary shares	300	100 %

Shares owned by the LØVAAS INVEST AS

Name	Share class	Total number of shares	Share
L LC CONSULT AS	Ordinary shares	150	50 %
A AGRONÆR AS	Ordinary shares	15,000	50 %
Ø ØKONOMI MANAGEMENT AS	Ordinary shares	1,588	5.29 %
A AMOK EQUIPMENT AS	Class B shares	50	0.12 %
T TELEMARK BRYGGERI AS	Ordinary shares	1,000	0.06 %
M MAD SOFTWARE AS	Ordinary shares	1,072	0.03 %
H HUDDLY AS	NO0010776990	7,500	< 0.01 %
S SALMON EVOLUTION ASA	NO0010892094	5,000	< 0.01 %
Y YARA INTERNATIONAL ASA	NO0010208051	3,300	< 0.01 %
N NORWEGIAN AIR SHUTTLE ASA	NO0010196140	1,002	< 0.01 %
B BERGENBIO ASA	NO0013251173	875	< 0.01 %
Z ZAPTEC ASA	NO0010713936	1,700	< 0.01 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Annual Total Result	1,199,081	1,076,625	-263,204	5,417,147
Total assets	15,597,844	15,040,363	13,718,952	14,321,942
Total liabilities	63,401	705,000	460,214	400,000
Total equity	15,534,444	14,335,363	13,258,738	13,921,942

P&L

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Total operating costs	68,594	174,392	43,512	27,494
Operating result	-68,594	-174,392	-43,512	-27,494
Financial income/costs	1,328,582	1,251,017	-176,552	5,444,640
Profit before tax	1,259,988	1,076,625	-220,064	5,417,147
Total tax & extraordinary income/cost	60,907	0	43,140	0
Annual Total Result	1,199,081	1,076,625	-263,204	5,417,147

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	1,338,837	1,569,260	2,082,099	1,393,176
Total current assets	14,259,008	13,471,103	11,636,853	12,928,766
Total assets	15,597,844	15,040,363	13,718,952	14,321,942
Short term debt	63,401	705,000	460,214	400,000
Long term debt	0	0	0	0
Total liabilities	63,401	705,000	460,214	400,000
Contributed capital	30,000	30,000	30,000	30,000
Retained earnings	15,504,444	14,305,363	13,228,738	13,891,942
Total equity	15,534,444	14,335,363	13,258,738	13,921,942
Total equity and liabilities	15,597,844	15,040,363	13,718,952	14,321,942

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

64.308

Industrial group

Captive investment companies