FAVTECH AS
Organization
- CEO
- HJ
- Chairman of the board
- HJ
- Years since formation
- 29 years
- since Dec 16, 1996
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2024
- -139,528
- NOK
- Total equity 2024
- -2,994,689
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
HJ | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
HJ | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AV 1956 | - | 100 % indirectly |
Last update: Sep 20, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 4,756,418Operating profit 2024: NOK -2,092,137Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -139,528 | -132,803 | -80,192 | -78,211 |
Total assets | 78 | 61,038 | 22,877 | 1,099 |
Total liabilities | 2,994,767 | 3,268,722 | 3,097,758 | 2,995,788 |
Total equity | -2,994,689 | -3,207,685 | -3,074,882 | -2,994,689 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 17,386 | 19,398 | 14,145 | 11,921 |
Operating result | -17,386 | -19,398 | -14,145 | -11,921 |
Financial income/costs | -161,497 | -150,862 | -88,665 | -88,350 |
Profit before tax | -178,883 | -170,260 | -102,810 | -100,271 |
Total tax & extraordinary income/cost | -39,355 | -37,457 | -22,618 | -22,060 |
Annual Total Result | -139,528 | -132,803 | -80,192 | -78,211 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 60,075 | 22,618 | 0 |
Total current assets | 78 | 963 | 259 | 1,099 |
Total assets | 78 | 61,038 | 22,877 | 1,099 |
Short term debt | 2,994,767 | 3,268,722 | 3,097,758 | 2,995,788 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 2,994,767 | 3,268,722 | 3,097,758 | 2,995,788 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | -3,094,689 | -3,307,685 | -3,174,882 | -3,094,689 |
Total equity | -2,994,689 | -3,207,685 | -3,074,882 | -2,994,689 |
Total equity and liabilities | 78 | 61,038 | 22,877 | 1,099 |
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