AVCO AS
Keywords
placementsecurities
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: May 24, 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
Category
Type of organization
Limited company
Standard industrial classification
K
Main industrial area
Financial and insurance activities
64
Activity
Financial service activities, except insurance and pension funding
64.3
Main industrial group
Trusts, funds and similar financial entities
64.30
Industrial group
Trusts, funds and similar financial entities
64.308
Industrial group
Captive investment companies