FAVTECH AS
Keywords
product developmentprocess developmentdesign businesstextilesclothingshoesjewellerygold goodssilver goodsfurnitureinterior itemsfashion goods
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 2023
- -132,803
- NOK
- Total equity 2023
- -3,207,685
- NOK
Last update: Aug 29, 2024
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 | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 4,094,750Operating profit 2023: NOK -2,059,094Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Annual Total Result | -132,803 | -80,192 | -78,211 |
Total assets | 61,038 | 22,877 | 1,099 |
Total liabilities | 3,268,722 | 3,097,758 | 2,995,788 |
Total equity | -3,207,685 | -3,074,882 | -2,994,689 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Total operating costs | 19,398 | 14,145 | 11,921 |
Operating result | -19,398 | -14,145 | -11,921 |
Financial income/costs | -150,862 | -88,665 | -88,350 |
Profit before tax | -170,260 | -102,810 | -100,271 |
Total tax & extraordinary income/cost | -37,457 | -22,618 | -22,060 |
Annual Total Result | -132,803 | -80,192 | -78,211 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 60,075 | 22,618 | 0 |
Total current assets | 963 | 259 | 1,099 |
Total assets | 61,038 | 22,877 | 1,099 |
Short term debt | 3,268,722 | 3,097,758 | 2,995,788 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 3,268,722 | 3,097,758 | 2,995,788 |
Contributed capital | 100,000 | 100,000 | 100,000 |
Retained earnings | -3,307,685 | -3,174,882 | -3,094,689 |
Total equity | -3,207,685 | -3,074,882 | -2,994,689 |
Total equity and liabilities | 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
Standard industrial classification
M
Main industrial area
Professional, scientific and technical activities
74
Activity
Other professional, scientific and technical activities
74.1
Main industrial group
Specialised design activities
74.10
Industrial group
Specialised design activities
74.101
Industrial group
Industrial design, product design and other technical design