THE INNOVATION EFFECT AS
Operating
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Organization
- CEO
- AF
Anette Fosaas1970
- Chairman of the board
- AF
Anette Fosaas1970
- Years since formation
- 14 years
- since Oct 29, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Annual total result 2025
- -57,412
- NOK
- Total equity 2025
- -106,471
- NOK
Last update: Aug 17, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AF 1970 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
AF 1970 | Chairman | 100 % directly |
| Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AF 1970 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AF 1970 | Ordinary shares | 300 | 100 % |
Shares owned by the THE INNOVATION EFFECT AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,985,863 | 84.1 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2025: NOK 0Operating profit 2025: NOK -57,961Employees: 0
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 0 | 0 | 171,142 | 2,075,644 | 2,682,446 |
Annual Total Result | -57,412 | -204,427 | -2,313,155 | -275,580 | 723,984 |
Total assets | 887,967 | 944,250 | 288,541 | 2,821,832 | 3,696,019 |
Total liabilities | 994,438 | 993,309 | 323,572 | 543,708 | 992,315 |
Total equity | -106,471 | -49,059 | -35,031 | 2,278,123 | 2,703,704 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 0 | 0 | 171,142 | 2,075,644 | 2,682,446 |
Total operating costs | 57,961 | 208,832 | 2,483,299 | 2,350,995 | 1,751,834 |
Operating result | -57,961 | -208,832 | -2,312,157 | -275,351 | 930,612 |
Financial income/costs | 549 | 4,405 | -998 | -229 | -1,907 |
Profit before tax | -57,412 | -204,427 | -2,313,155 | -275,580 | 928,704 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 | 204,720 |
Annual Total Result | -57,412 | -204,427 | -2,313,155 | -275,580 | 723,984 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 792,609 | 681,709 | 118,401 | 60,000 | 0 |
Total current assets | 95,358 | 262,542 | 170,139 | 2,761,832 | 3,696,019 |
Total assets | 887,967 | 944,250 | 288,541 | 2,821,832 | 3,696,019 |
Short term debt | 304,438 | 303,309 | 323,572 | 543,708 | 992,315 |
Long term debt | 690,000 | 690,000 | 0 | 0 | 0 |
Total liabilities | 994,438 | 993,309 | 323,572 | 543,708 | 992,315 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | -136,471 | -79,059 | -65,031 | 2,248,123 | 2,673,704 |
Total equity | -106,471 | -49,059 | -35,031 | 2,278,123 | 2,703,704 |
Total equity and liabilities | 887,967 | 944,250 | 288,541 | 2,821,832 | 3,696,019 |
Classification
21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises