MOVEX AS
Organization
- CEO
- MQ
Morten Qvigstad1971
- Chairman of the board
- MQ
Morten Qvigstad1971
- Years since formation
- 7 years
- since Jun 29, 2018
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 566,469
- NOK
- Annual total result 2024
- 20,301
- NOK
- Total equity 2024
- 27,362
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MQ 1971 | Managing Director/CEO | 100 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
MQ 1971 | Chairman | 100 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MQ 1971 | Managing Director/CEO, Chairman | 100 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30 | 100 % |
Shares owned by the MOVEX AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 76 | 9.5 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 22,336Operating profit 2024: NOK -1,273,045Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 566,469 | 529,020 | 915,883 | 2,162,980 |
Annual Total Result | 20,301 | -13,371 | -63,297 | -317,995 |
Total assets | 673,116 | 614,684 | 1,256,114 | 3,462,274 |
Total liabilities | 645,754 | 607,624 | 1,235,682 | 3,378,546 |
Total equity | 27,362 | 7,060 | 20,431 | 83,728 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 566,469 | 529,020 | 915,883 | 2,162,980 |
Total operating costs | 546,392 | 827,091 | 993,320 | 2,384,047 |
Operating result | 20,077 | -298,071 | -77,437 | -221,067 |
Financial income/costs | 224 | 284,700 | 12,304 | -180,194 |
Profit before tax | 20,301 | -13,371 | -65,133 | -401,260 |
Total tax & extraordinary income/cost | 0 | 0 | -1,836 | -83,265 |
Annual Total Result | 20,301 | -13,371 | -63,297 | -317,995 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 89,936 | 108,857 | 132,278 | 1,570,899 |
Total current assets | 583,180 | 505,827 | 1,123,836 | 1,891,375 |
Total assets | 673,116 | 614,684 | 1,256,114 | 3,462,274 |
Short term debt | 140,509 | 102,378 | 1,235,682 | 65,128 |
Long term debt | 505,246 | 505,246 | 0 | 3,313,418 |
Total liabilities | 645,754 | 607,624 | 1,235,682 | 3,378,546 |
Contributed capital | 569,942 | 569,942 | 569,942 | 569,942 |
Retained earnings | -542,580 | -562,882 | -549,511 | -486,214 |
Total equity | 27,362 | 7,060 | 20,431 | 83,728 |
Total equity and liabilities | 673,116 | 614,684 | 1,256,114 | 3,462,274 |
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