MOMENTUM VENTURE MANAGEMENT AS • 918953302 • Bergen • Activities auxiliary to financial services and insurance activities

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Banking and insurance

/ Financial management

MOMENTUM VENTURE MANAGEMENT AS

Keywords

portfolio managementwealth managementdefined contribution pension fundsmanagement companiessecurities funds

Organization

CEO: AF
Arve Janbu Fresvik1976
Chairman of the board: HP
Hilde Støle Pettersen1984
Years since formation: 7 years; since May 6, 2017
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 1,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 8,217,142; NOK
Annual total result 2023: -1,002,626; NOK
Total equity 2023: -426,990; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
AF Arve Janbu Fresvik 1976	Managing Director/CEO	60 % indirectly

Board

Name	Role	Shares
AF Arve Janbu Fresvik 1976	Board Member	60 % indirectly
HP Hilde Støle Pettersen 1984	Chairman	40 % indirectly
SO Svein Ove Flem Langeland 1986	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
V VKST AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
AF Arve Janbu Fresvik 1976	Managing Director/CEO, Board Member	60 % indirectly
HP Hilde Støle Pettersen 1984	Chairman	40 % indirectly

Last update: Apr 15, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
M MOMENTUM CAPITAL AS	Ordinary shares	1,000	100 %

Shares owned by the MOMENTUM VENTURE MANAGEMENT AS

Name	Share class	Number of shares	Share
M MOMENTUM II AS	A-shares	1	< 0.01 %

Last update: May 24, 2024

Group structure

LAGO INVEST AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -11,566
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	8,217,142	9,173,947	9,039,102
Annual Total Result	-1,002,626	588,462	1,456,224
Total assets	1,577,930	2,009,804	2,557,295
Total liabilities	2,004,920	1,434,168	2,512,143
Total equity	-426,990	575,637	45,152

P&L

Year	2023	2022	2021
Total operating income	8,217,142	9,173,947	9,039,102
Total operating costs	9,368,251	8,417,010	7,279,216
Operating result	-1,151,109	756,936	1,759,886
Financial income/costs	1,477	1,495	-59,781
Profit before tax	-1,149,632	758,431	1,700,105
Total tax & extraordinary income/cost	-147,006	169,969	243,881
Annual Total Result	-1,002,626	588,462	1,456,224

Balance overview

Year	2023	2022	2021
Total fixed assets	175,373	100,887	50,001
Total current assets	1,402,557	1,908,917	2,507,294
Total assets	1,577,930	2,009,804	2,557,295
Short term debt	2,004,920	1,434,168	2,512,143
Long term debt	0	0	0
Total liabilities	2,004,920	1,434,168	2,512,143
Contributed capital	30,000	30,000	30,000
Retained earnings	-456,990	545,637	15,152
Total equity	-426,990	575,637	45,152
Total equity and liabilities	1,577,930	2,009,804	2,557,295

Classification

Category

Banking and insurance

/ Financial management

Type of organization

Limited company

Standard industrial classification

K

Main industrial area

Financial and insurance activities

66

Activity

Activities auxiliary to financial services and insurance activities

66.3

Main industrial group

Fund management activities

66.30

Industrial group

Fund management activities

66.300

Industrial group

Fund management activities