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MOTAVO GROUP AS996 589 129

Limited company
Storgata 136 3915 PORSGRUNN, Norge

MOTAVO GROUP AS

Organization

CEO
LT

Lars Tomas Tveit1974

Chairman of the board
KU

Karianne Undrum Melleby1974

Years since formation
14 years
since Feb 21, 2011
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
600
1 share class
Total number of shareholders
4
companies
Belongs to group of

Financials

Total operating income 2024
338,281
NOK
Annual total result 2024
-2,461,521
NOK
Total equity 2024
38,147,697
NOK
Last update: Sep 9, 2025

Management

Management / administration

NameRoleShares
LT

Lars Tomas Tveit

1974

Managing Director/CEO-

Board

NameRoleShares
TH

Tommy Hammerstad Hanssen

1965

Board Member
3.33 %
indirectly
RL

Regina Linnea Tooth

1991

Board Member-
LT

Lars Tomas Tveit

1974

Board Member-
KU

Karianne Undrum Melleby

1974

Chairman-

Others

NameRoleShares
R
REVISJONSSELSKAPET AS
Auditor-

Top 10 individual shareholders

NameRoleShares
KH

Kai Håkon Ytredal

1963

-
6.67 %
indirectly
TH

Tommy Hammerstad Hanssen

1965

Board Member
3.33 %
indirectly
LR

Liv-Hilde Rånman Nornes

1966

-
3.33 %
indirectly
AK

Ann Kjersti Baksaas Grinilia

1965

-
2.27 %
indirectly
HM

Hans Morten Grinilia

1968

-
2.27 %
indirectly
HL

Hans Ludvig Grinilia

1993

-
1.07 %
indirectly
AM

Anders Markus Grinilia

1995

-
1.07 %
indirectly
Last update: Jun 11, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
S
STORSKOGEN NORGE AS
Ordinary shares
480
80 %
B
BAGRI INVEST AS
Ordinary shares
40
6.67 %
Y
YTREDAL INVEST AS
Ordinary shares
40
6.67 %
N
NOHA AS
Ordinary shares
40
6.67 %

Shares owned by the MOTAVO GROUP AS

NameShare classTotal number of sharesShare
V
VOX HAIR CONCEPT AS
Ordinary shares
100
100 %
F
FRISØRKJEDEN TANGO NORGE AS
Ordinary shares
10,436
100 %
Last update: Jun 2, 2025

Group structure

  • STORSKOGEN NORGE AS
    Total operating income 2024: NOK 5,520,000
    Operating profit 2024: NOK -3,225,465
    Employees: 0

Financials

in NOK

Summary

Year202420232022
Total operating income
338,281
8,667,808
8,769,133
Annual Total Result
-2,461,521
2,843,766
3,503,865
Total assets
49,880,073
51,977,250
51,549,009
Total liabilities
11,732,376
11,368,032
13,783,557
Total equity
38,147,697
40,609,218
37,765,452

P&L

Year202420232022
Total operating income
338,281
8,667,808
8,769,133
Total operating costs
338,281
5,163,577
4,217,828
Operating result
0
3,504,231
4,551,305
Financial income/costs
228,820
142,043
-59,097
Profit before tax
228,820
3,646,274
4,492,208
Total tax & extraordinary income/cost
2,690,341
802,508
988,343
Annual Total Result
-2,461,521
2,843,766
3,503,865

Balance overview

Year202420232022
Total fixed assets
43,257,941
43,257,941
43,264,541
Total current assets
6,622,132
8,719,309
8,284,468
Total assets
49,880,073
51,977,250
51,549,009
Short term debt
1,477,853
3,847,537
3,871,292
Long term debt
10,254,523
7,520,495
9,912,265
Total liabilities
11,732,376
11,368,032
13,783,557
Contributed capital
26,832,000
26,832,000
26,832,000
Retained earnings
11,315,697
13,777,218
10,933,452
Total equity
38,147,697
40,609,218
37,765,452
Total equity and liabilities
49,880,073
51,977,250
51,549,009

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