TECH HUGS AS
Organization
- CEO
- ST
- Chairman of the board
- ST
- Years since formation
- 7 years
- since Jan 30, 2018
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 44
Ownership
- Number of shares and share classes
- 373,136
- 1 share class
- Total number of shareholders
- 5
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 20,611,955
- NOK
- Annual total result 2024
- -301,182
- NOK
- Total equity 2024
- -594,140
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ST | Managing Director/CEO | 12.17 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
BB | Board Member | 3.38 % indirectly |
RH 1961 | Board Member | 9.8 % indirectly |
| Board Member | 6 % indirectly | |
ST | Chairman | 12.17 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - | |
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KM | - | 15.69 % indirectly |
ES 1974 | - | 13.07 % indirectly |
ST | Managing Director/CEO, Chairman | 12.17 % indirectly |
RH 1961 | Board Member | 9.8 % indirectly |
RA 1978 | - | 6.54 % indirectly |
BL 1977 | - | 6.54 % indirectly |
| - | 6.54 % indirectly | |
JN 1977 | - | 6.54 % indirectly |
| Board Member | 6 % indirectly | |
HJ | - | 4.2 % indirectly |
Last update: Apr 13, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 250,000 | 67 % | |
| Ordinary shares | 74,627 | 20 % | |
| Ordinary shares | 25,188 | 6.75 % | |
| Ordinary shares | 14,925 | 4 % | |
| Ordinary shares | 8,396 | 2.25 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -42,166Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 20,611,955 | 24,904,182 | 25,896,119 | 1,870,247 |
Annual Total Result | -301,182 | -1,210,088 | -73,419 | 281,624 |
Total assets | 5,349,318 | 5,917,325 | 5,897,081 | 2,198,076 |
Total liabilities | 5,943,458 | 6,210,283 | 4,979,949 | 1,934,029 |
Total equity | -594,140 | -292,959 | 917,129 | 264,047 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 20,611,955 | 24,904,182 | 25,896,119 | 1,870,247 |
Total operating costs | 21,022,093 | 26,473,789 | 25,995,085 | 1,508,878 |
Operating result | -410,137 | -1,569,607 | -98,965 | 361,369 |
Financial income/costs | 24,007 | 18,212 | 4,838 | -313 |
Profit before tax | -386,130 | -1,551,395 | -94,127 | 361,056 |
Total tax & extraordinary income/cost | -84,948 | -341,307 | -20,708 | 79,432 |
Annual Total Result | -301,182 | -1,210,088 | -73,419 | 281,624 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 563,650 | 581,782 | 247,305 | 107,957 |
Total current assets | 4,785,668 | 5,335,543 | 5,649,776 | 2,090,119 |
Total assets | 5,349,318 | 5,917,325 | 5,897,081 | 2,198,076 |
Short term debt | 3,943,458 | 4,188,283 | 3,457,949 | 906,694 |
Long term debt | 2,000,000 | 2,022,000 | 1,522,000 | 1,027,335 |
Total liabilities | 5,943,458 | 6,210,283 | 4,979,949 | 1,934,029 |
Contributed capital | 976,502 | 976,502 | 976,502 | 250,000 |
Retained earnings | -1,570,643 | -1,269,461 | -59,373 | 14,047 |
Total equity | -594,140 | -292,959 | 917,129 | 264,047 |
Total equity and liabilities | 5,349,318 | 5,917,325 | 5,897,078 | 2,198,076 |
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