NOVATECH AS
Keywords
program developmentsoftware
Organization
- CEO
- KT
- Chairman of the board
- GK
- Years since formation
- 3 years
- since Jul 13, 2022
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 8
Ownership
- Number of shares and share classes
- 353,400
- 1 share class
- Total number of shareholders
- 9
- companies
Financials
- Total operating income 2024
- 1,641,632
- NOK
- Annual total result 2024
- -1,772,205
- NOK
- Total equity 2024
- 4,691,234
- NOK
Last update: Jul 1, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KT | Managing Director/CEO | 34.24 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
LR 1978 | Board Member | 18.68 % indirectly |
GH 1945 | Board Member | 31.98 % indirectly |
GK | Chairman | - |
SH | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KT | Managing Director/CEO | 34.24 % indirectly |
GH 1945 | Board Member | 31.98 % indirectly |
LR 1978 | Board Member | 18.68 % indirectly |
MM 1980 | - | 3.51 % indirectly |
HE | - | 2.83 % indirectly |
FE | - | 1.49 % indirectly |
Last update: May 24, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 115,000 | 32.54 % | |
| Ordinary shares | 105,000 | 29.71 % | |
| Ordinary shares | 60,000 | 16.98 % | |
| Ordinary shares | 24,800 | 7.02 % | |
| Ordinary shares | 20,000 | 5.66 % | |
| Ordinary shares | 12,400 | 3.51 % | |
| Ordinary shares | 10,000 | 2.83 % | |
| Ordinary shares | 4,340 | 1.23 % | |
| Ordinary shares | 1,860 | 0.53 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 1,641,632 | 2,335,388 | 185,968 |
Annual Total Result | -1,772,205 | 245,189 | -372,180 |
Total assets | 11,953,993 | 7,804,730 | 3,189,300 |
Total liabilities | 7,262,759 | 1,341,291 | 471,049 |
Total equity | 4,691,234 | 6,463,439 | 2,718,250 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 1,641,632 | 2,335,388 | 185,968 |
Total operating costs | 3,762,005 | 1,973,748 | 665,455 |
Operating result | -2,120,373 | 361,639 | -479,488 |
Financial income/costs | -151,402 | -45,500 | -365 |
Profit before tax | -2,271,775 | 316,139 | -479,853 |
Total tax & extraordinary income/cost | -499,570 | 70,950 | -107,673 |
Annual Total Result | -1,772,205 | 245,189 | -372,180 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 10,721,750 | 4,169,160 | 880,703 |
Total current assets | 1,232,243 | 3,635,570 | 2,308,597 |
Total assets | 11,953,993 | 7,804,730 | 3,189,300 |
Short term debt | 5,262,759 | 1,341,291 | 471,049 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 7,262,759 | 1,341,291 | 471,049 |
Contributed capital | 6,590,430 | 6,590,430 | 3,090,430 |
Retained earnings | -1,899,196 | -126,991 | -372,180 |
Total equity | 4,691,234 | 6,463,439 | 2,718,250 |
Total equity and liabilities | 11,953,993 | 7,804,730 | 3,189,300 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
J
Main industrial area
Information and communication
62
Activity
Computer programming; consultancy and related activities
62.0
Main industrial group
Computer programming, consultancy and related activities
62.01
Industrial group
Computer programming activities
62.010
Industrial group
Computer programming activities