EQUINOR VENTURES AS
Keywords
extractioncrude oilbituminousoilyshaletar sandsproductiondecantationdesalinationdrying stabilization
Organization
- CEO
- JR
- Chairman of the board
- Years since formation
- 26 years
- since Feb 12, 1999
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 230,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 28,830,682
- NOK
- Annual total result 2024
- -219,052,620
- NOK
- Total equity 2024
- 4,500,146,089
- NOK
Last update: Jun 23, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JR | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
KR 1975 | Board Member | - |
RB | Board Member | - |
SQ | Board Member | - |
| Chairman | - | |
JR | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Dec 2, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 230,000 | 100 % |
Shares owned by the EQUINOR VENTURES AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 53,260 | 42.67 % | |
| Ordinary shares | 681,094 | 26.06 % | |
| Ordinary shares | 60,297 | 25 % | |
| NO0010888985 | 5,259 | 24.84 % | |
| NO0011030678 | 142,664 | 24.02 % | |
| Ordinary shares | 115,836 | 23.17 % | |
| Ordinary shares | 98,963,565 | 21.75 % | |
| Ordinary shares | 867,493 | 20.8 % | |
| Ordinary shares | 131,148 | 20 % | |
| A-shares | 7,496,411 | 19.79 % | |
| Ordinary shares | 372,299 | 15.45 % | |
| Ordinary shares | 625,955 | 14.48 % | |
| Ordinary shares | 55,777 | 13.08 % | |
| Ordinary shares | 7,362,170 | 12.65 % | |
| Ordinary shares | 1,500 | 12.5 % | |
| Ordinary shares | 51,868 | 12.27 % | |
| Ordinary shares | 191,969 | 11.48 % | |
| Ordinary shares | 506,203 | 11.06 % | |
| A-shares | 4,111 | 9.21 % | |
| Ordinary shares | 19,300 | 7.29 % | |
| Preference shares | 336,008 | 3.94 % | |
| Ordinary shares | 13 | 1.2 % | |
| Ordinary shares | 14,969 | 1 % |
Last update: Jun 2, 2025
Group structure
- Total operating income -: NOKOperating profit -: NOKEmployees: 393
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 28,830,682 | 8,721,135 | 37,871,595 |
Annual Total Result | -219,052,620 | -245,983,015 | -27,499,650 |
Total assets | 4,543,871,846 | 2,578,665,395 | 2,677,135,768 |
Total liabilities | 43,725,757 | 20,924,785 | 6,468,097 |
Total equity | 4,500,146,089 | 2,557,740,609 | 2,670,667,671 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 28,830,682 | 8,721,135 | 37,871,595 |
Total operating costs | 297,293,647 | 301,985,272 | 87,747,821 |
Operating result | -268,462,966 | -293,264,137 | -49,876,226 |
Financial income/costs | 31,013,299 | 20,476,927 | 3,322,342 |
Profit before tax | -237,449,666 | -272,787,210 | -46,553,884 |
Total tax & extraordinary income/cost | -18,397,046 | -26,804,195 | -19,054,234 |
Annual Total Result | -219,052,620 | -245,983,015 | -27,499,650 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 2,868,651,012 | 2,378,818,270 | 1,393,334,585 |
Total current assets | 1,675,220,835 | 199,847,125 | 1,283,801,183 |
Total assets | 4,543,871,846 | 2,578,665,395 | 2,677,135,768 |
Short term debt | 43,725,757 | 20,924,785 | 6,468,097 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 43,725,757 | 20,924,785 | 6,468,097 |
Contributed capital | 4,500,146,089 | 2,557,740,609 | 2,592,518,623 |
Retained earnings | 0 | 0 | 78,149,048 |
Total equity | 4,500,146,089 | 2,557,740,609 | 2,670,667,671 |
Total equity and liabilities | 4,543,871,846 | 2,578,665,395 | 2,677,135,768 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1120
Public incorporated enterprises, owned by central government
Standard industrial classification
B
Main industrial area
Mining and quarrying
06
Activity
Extraction of crude petroleum and natural gas
06.1
Main industrial group
Extraction of crude petroleum
06.10
Industrial group
Extraction of crude petroleum
06.100
Industrial group
Extraction of crude petroleum