COVARTEC AS
Organization
- CEO
- DD
Dominique Durand1965
- Chairman of the board
- DD
Dominique Durand1965
- Years since formation
- 7 years
- since Aug 16, 2018
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 3
- persons
Financials
- Total operating income 2024
- 1,324,232
- NOK
- Annual total result 2024
- 44,664
- NOK
- Total equity 2024
- 382,376
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
DD 1965 | Managing Director/CEO | 60 % directly |
Board
| Name | Role | Shares |
|---|---|---|
DD 1965 | Chairman | 60 % directly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
DD 1965 | Managing Director/CEO, Chairman | 60 % directly |
CA | - | 20 % directly |
MR | - | 20 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
DD 1965 | Ordinary shares | 600 | 60 % |
CA | Ordinary shares | 200 | 20 % |
MR | Ordinary shares | 200 | 20 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 1,324,232 | 917,930 | 1,116,184 |
Annual Total Result | 44,664 | -55,456 | 92,539 |
Total assets | 1,445,287 | 537,223 | 1,051,875 |
Total liabilities | 1,062,911 | 199,512 | 658,707 |
Total equity | 382,376 | 337,711 | 393,168 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 1,324,232 | 917,930 | 1,116,184 |
Total operating costs | 1,317,668 | 1,040,464 | 1,067,483 |
Operating result | 6,564 | -122,534 | 48,701 |
Financial income/costs | 38,100 | 67,078 | 61,115 |
Profit before tax | 44,664 | -55,456 | 109,816 |
Total tax & extraordinary income/cost | 0 | 0 | 17,277 |
Annual Total Result | 44,664 | -55,456 | 92,539 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 8,552 | 15,883 | 0 |
Total current assets | 1,436,735 | 521,340 | 1,051,875 |
Total assets | 1,445,287 | 537,223 | 1,051,875 |
Short term debt | 1,062,911 | 199,512 | 658,707 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 1,062,911 | 199,512 | 658,707 |
Contributed capital | 30,000 | 30,000 | 30,000 |
Retained earnings | 352,376 | 307,711 | 363,168 |
Total equity | 382,376 | 337,711 | 393,168 |
Total equity and liabilities | 1,445,287 | 537,223 | 1,051,875 |
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