QUARTEN AS
Organization
- CEO
- MH
Morten Hotvedt1970
- Chairman of the board
- MH
Morten Hotvedt1970
- Years since formation
- 6 years
- since Apr 23, 2019
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 250,000
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Annual total result 2024
- -336,260
- NOK
- Total equity 2024
- 20,333,879
- NOK
Last update: Jun 30, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MH 1970 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MH 1970 | Chairman | 100 % directly |
ER 1974 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MH 1970 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
MH 1970 | Ordinary shares | 250,000 | 100 % |
Shares owned by the QUARTEN AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 120 | 40 % | |
| Ordinary shares | 60,098 | 23.99 % | |
| Ordinary shares | 20,000 | 20 % | |
| Ordinary shares | 20 | 20 % | |
| Ordinary shares | 309 | 10 % | |
| Ordinary shares | 7,500 | 7.5 % | |
| Ordinary shares | 5,000 | 0.12 % | |
| NO0010851603 | 10,000 | 0.03 % | |
| NO0011002586 | 2,500 | < 0.01 % | |
| NO0006000900 | 700 | < 0.01 % | |
| NO0013186460 | 141 | < 0.01 % | |
| NO0012483207 | 1,000 | < 0.01 % | |
| NO0003055501 | 2,000 | < 0.01 % | |
| NO0010272065 | 5,419 | < 0.01 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 213,273 | 125,813 |
Annual Total Result | -336,260 | 296,449 | 25,388,254 | -416,586 |
Total assets | 26,475,698 | 21,319,079 | 21,074,789 | 14,338,341 |
Total liabilities | 6,141,819 | 652,319 | 144,028 | 14,795,835 |
Total equity | 20,333,879 | 20,666,760 | 20,930,761 | -457,494 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 213,273 | 125,813 |
Total operating costs | 436,399 | 219,860 | 236,796 | 26,137 |
Operating result | -436,399 | -219,860 | -23,523 | 99,676 |
Financial income/costs | 100,139 | 516,308 | 25,411,778 | -516,262 |
Profit before tax | -336,260 | 296,449 | 25,388,254 | -416,586 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -336,260 | 296,449 | 25,388,254 | -416,586 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 13,013,516 | 9,675,108 | 8,055,484 | 11,179,758 |
Total current assets | 13,462,182 | 11,643,971 | 13,019,305 | 3,158,584 |
Total assets | 26,475,698 | 21,319,079 | 21,074,789 | 14,338,341 |
Short term debt | 136,186 | 652,319 | 144,028 | 159,035 |
Long term debt | 6,005,633 | 0 | 0 | 14,636,800 |
Total liabilities | 6,141,819 | 652,319 | 144,028 | 14,795,835 |
Contributed capital | 253,379 | 250,000 | 250,000 | 250,000 |
Retained earnings | 20,080,500 | 20,416,760 | 20,680,761 | -707,494 |
Total equity | 20,333,879 | 20,666,760 | 20,930,761 | -457,494 |
Total equity and liabilities | 26,475,698 | 21,319,079 | 21,074,789 | 14,338,341 |
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