AVCO AS
Organization
- Chairman of the board
- AV
Atle Vennerød1963
- Years since formation
- 20 years
- since Sep 3, 2005
- 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
- person
Financials
- Annual total result 2024
- 10,040,006
- NOK
- Total equity 2024
- 8,792,147
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
AV 1963 | Contact Person, Chairman | 100 % directly |
| Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AV 1963 | Contact Person, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AV 1963 | Ordinary shares | 100 | 100 % |
Shares owned by the AVCO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,750 | 17.5 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | 10,040,006 | 1,089,253 | -1,531,040 | 12,066,507 |
Total assets | 10,292,147 | 1,451,641 | 1,815,388 | 10,546,428 |
Total liabilities | 1,500,000 | 1,199,500 | 1,477,500 | 4,227,500 |
Total equity | 8,792,147 | 252,141 | 337,888 | 6,318,928 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 23,836 | 23,365 | 28,459 | 33,014 |
Operating result | -23,836 | -23,365 | -28,459 | -33,014 |
Financial income/costs | 10,063,842 | 1,112,618 | -1,502,581 | 12,099,520 |
Profit before tax | 10,040,006 | 1,089,253 | -1,531,040 | 12,066,507 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 10,040,006 | 1,089,253 | -1,531,040 | 12,066,507 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 242,432 | 242,432 | 242,432 |
Total current assets | 10,292,147 | 1,209,208 | 1,572,956 | 10,303,996 |
Total assets | 10,292,147 | 1,451,641 | 1,815,388 | 10,546,428 |
Short term debt | 1,500,000 | 1,175,000 | 1,250,000 | 4,000,000 |
Long term debt | 0 | 24,500 | 227,500 | 227,500 |
Total liabilities | 1,500,000 | 1,199,500 | 1,477,500 | 4,227,500 |
Contributed capital | 251,750 | 251,750 | 251,750 | 251,750 |
Retained earnings | 8,540,397 | 391 | 86,138 | 6,067,178 |
Total equity | 8,792,147 | 252,141 | 337,888 | 6,318,928 |
Total equity and liabilities | 10,292,147 | 1,451,641 | 1,815,388 | 10,546,428 |
Classification
Type of organization
Limited company