HITECVISION AS

Operating

HitecVision

Investerings- og forvaltningsselskap som har som formål å yte tjenester innen finansiell rådgivning og verdipapirforvaltning, drive egen investeringsvirksomhet, samt hva hermed står i forbindelse. Selskapets investeringsvirksomhet er å anbringe sin kapital i aksjer og/eller fond, selskapsandeler, utlån med og uten konverteringsretter eller andre finansielle instrumenter til selskaper hvor man investerer.

Investere i andre selskap og enkeltpersoner.

Organization

CEO: PM
Pål Magnus Reed1961
Chairman of the board: LJ
Leif Johan Sevland1961
Years since formation: 28 years; since Feb 13, 1998
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 18,967,318; 1 share class
Total number of shareholders: 187; 58 companies, 129 persons
Belongs to group of

Financials

Total operating income 2025: 498,446,697; NOK
Annual total result 2025: 474,575,109; NOK
Total equity 2025: 284,164,933; NOK

Last update: Jul 13, 2026

Management

Management / administration

Name	Role	Shares
PM Pål Magnus Reed 1961	Managing Director/CEO	-

Board

Name	Role	Shares
LJ Leif Johan Sevland 1961	Chairman	-
KO Knut Olav Rød 1977	Board Member	-
OH Ole Henrik Bjørge 1970	Board Member	-
AB Adele Bugge Norman Pran 1970	Board Member	-
OE Ole Ertvaag 1963	Board Member	-
KH Kristin Helene Holth 1956	Board Member	-
PM Pål Magnus Reed 1961	Alternate Member	-
AC Anders Christian Garmann Wilhelmsen 1987	Alternate Member	-
IN Iselin Nybø 1981	Board Member	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
EO Ertvaag Ole 1963	-	29.4 % indirectly
MG Madeleine Garmann Wilhelmsen Kristina 1988	-	6.51 % indirectly
AG Alexander Garmann Wilhelmsen Oscar 1991	-	6.51 % indirectly
CG Christian Garmann Wilhelmsen Anders 1987	-	6.51 % indirectly
SO Sætre Ola 1957	-	5.51 % indirectly
MR Magnus Reed Pål 1961	-	3.92 % indirectly
CG Christopher Garmann Wilhelmsen Anders 1954	-	1.76 % indirectly
EA Eivindssøn Astrup Nikolai 1978	-	1.66 % indirectly
SH Sætre Henrik 1986	-	1.54 % indirectly
SC Sætre Caroline 2000	-	1.54 % indirectly

Last update: Apr 25, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
E EFØY KAPITAL AS	Ordinary shares	6,245,584	32.93 %
W WATRIUM AS	Ordinary shares	5,678,731	29.94 %
H HV CAPITAL AS	Ordinary shares	1,570,704	8.28 %
C C 3 HOLDING NORWAY AS	Ordinary shares	1,518,426	8.01 %
P PACTUM VEKST AS	Ordinary shares	841,338	4.44 %
S SKAGEN VEKST VERDIPAPIRFOND	Ordinary shares	715,250	3.77 %
S SURFSIDE HOLDING AS	Ordinary shares	398,511	2.1 %
V VARNER EQUITIES AS	Ordinary shares	258,194	1.36 %
GG Grude Gjedebo Jon 1945	Ordinary shares	257,773	1.36 %
G GLASTAD CAPITAL AS	Ordinary shares	231,544	1.22 %
R RICO AS	Ordinary shares	106,508	0.56 %
F FUGLANESET INVEST AS	Ordinary shares	104,913	0.55 %
DB Dahle Bjørn 1947	Ordinary shares	96,441	0.51 %
K KVANTIA AS	Ordinary shares	84,468	0.45 %
S STOLEN AS	Ordinary shares	66,794	0.35 %
JB Jorunn Bøen Cuniberti Aud 1962	Ordinary shares	59,340	0.31 %
A ASTEROIDEBAKKEN AS	Ordinary shares	50,000	0.26 %
RT Rise Terje 1956	Ordinary shares	41,229	0.22 %
A AUBERT VEKST AS	Ordinary shares	32,500	0.17 %
KI Kolstø Ingvild 1963	Ordinary shares	31,313	0.17 %
A ARINA INVEST AS	Ordinary shares	30,000	0.16 %
K KRISTIANS AND AS	Ordinary shares	30,000	0.16 %
P PERTINAX AS	Ordinary shares	30,000	0.16 %
O OLDEIDE INVEST AS	Ordinary shares	30,000	0.16 %
S SVEINSVOLL HOLDING AS	Ordinary shares	30,000	0.16 %
KJ Karlsen Jørgen 1954	Ordinary shares	26,922	0.14 %
B BRISKEBY VEKST AS	Ordinary shares	26,525	0.14 %
T TUNOD INVEST AS	Ordinary shares	21,108	0.11 %
H HAMP INVEST AS	Ordinary shares	20,585	0.11 %
RI Rusdal Ivar 1947	Ordinary shares	20,000	0.11 %
P PULSAR EIENDOM AS	Ordinary shares	20,000	0.11 %
H HASTO INVEST AS	Ordinary shares	18,067	0.1 %
I IMPELLO AS	Ordinary shares	14,436	0.08 %
KF Kristian Falnes Olav 1963	Ordinary shares	14,180	0.07 %
NM Nyberg Marion 1955	Ordinary shares	13,200	0.07 %
S SKAARA INVEST AS	Ordinary shares	12,170	0.06 %
H HALI AS	Ordinary shares	10,600	0.06 %
I INCO AS	Ordinary shares	10,307	0.05 %
LP Lorentz Pedersen Bjørn 1961	Ordinary shares	10,307	0.05 %
P PSV 11 AS	Ordinary shares	10,307	0.05 %
B BJERGA HOLDING AS	Ordinary shares	10,000	0.05 %
SE Stokka Egil 1968	Ordinary shares	9,000	0.05 %
A AVANTO OPPORTUNITIES II AS	Ordinary shares	8,198	0.04 %
L LORENTZEN INNOVATION AS	Ordinary shares	7,598	0.04 %
T TEMPESTAS AS	Ordinary shares	5,725	0.03 %
EF Emil Fagerland Henry 1950	Ordinary shares	5,000	0.03 %
B BJØRN NORLIE 2 AS	Ordinary shares	5,000	0.03 %
M MULTIPLE AS	Ordinary shares	4,500	0.02 %
HB Håvardsholm Bjarte 1965	Ordinary shares	4,095	0.02 %
T TIPEN INVEST AS	Ordinary shares	4,002	0.02 %
O OSEN AS	Ordinary shares	3,200	0.02 %
S SKATTEN MIN AS	Ordinary shares	3,000	0.02 %
NM Norlie Moksness Karin 1953	Ordinary shares	2,972	0.02 %
AE Arne Eide Nils 1961	Ordinary shares	2,886	0.02 %
EK Edith Katarina Reinholds Emma 1984	Ordinary shares	2,650	< 0.01 %
MB Marie Botten Nordbø Eva 1948	Ordinary shares	2,639	< 0.01 %
H HOPECON AS	Ordinary shares	2,527	< 0.01 %
GH Gro Hansen Anne 1962	Ordinary shares	2,510	< 0.01 %
P PRYDZ & CO. AS	Ordinary shares	2,489	< 0.01 %
M MASKINVEIEN 20 AS	Ordinary shares	2,457	< 0.01 %
FT Fisketjøn Torgeir 1964	Ordinary shares	2,384	< 0.01 %
ST Schiøtz Tore 1957	Ordinary shares	2,000	< 0.01 %
S SULAMITT AS	Ordinary shares	1,661	< 0.01 %
NA Nydokk Are 1954	Ordinary shares	1,637	< 0.01 %
ME Marie Eritzland Inger 1940	Ordinary shares	1,637	< 0.01 %
ML Magne Lunde Arild 1956	Ordinary shares	1,589	< 0.01 %
MØ Mehus Øystein 1972	Ordinary shares	1,589	< 0.01 %
MS Midbøe Simonsen David 1959	Ordinary shares	1,530	< 0.01 %
HT Harald Tapio Frode 1957	Ordinary shares	1,319	< 0.01 %
EA Einar Andersen Bjørn 1962	Ordinary shares	1,300	< 0.01 %
DV Dagny Våge Anne 1963	Ordinary shares	1,282	< 0.01 %
BP Bjørnestøl Per 1940	Ordinary shares	1,159	< 0.01 %
OG Olaf Grimstvedt John 1944	Ordinary shares	1,146	< 0.01 %
MK Malmin Kåre 1952	Ordinary shares	1,067	< 0.01 %
HN Harald Nøklestad Olav 1960	Ordinary shares	1,067	< 0.01 %
MP Magnar Padøy Jarle 1946	Ordinary shares	1,064	< 0.01 %
TS Trettenes Steffen 1970	Ordinary shares	1,030	< 0.01 %
LS Lilleland Sigbjørn 1969	Ordinary shares	1,030	< 0.01 %
BM Bærheim Mariann 1968	Ordinary shares	1,030	< 0.01 %
F FUTURUM AS	Ordinary shares	1,000	< 0.01 %
EJ Elisabeth Johannessen Sonja 1960	Ordinary shares	1,000	< 0.01 %
ED Engedal Dag 1972	Ordinary shares	1,000	< 0.01 %
N NIU AS	Ordinary shares	1,000	< 0.01 %
P PURE FUTURE AS	Ordinary shares	1,000	< 0.01 %
BT Baunbæk Theien Ivar-Jo 1979	Ordinary shares	1,000	< 0.01 %
BN Bernhard Nag Alf 1943	Ordinary shares	982	< 0.01 %
VS Victor Sveen Trond 1950	Ordinary shares	953	< 0.01 %
KØ Kjell Ødegård Per 1943	Ordinary shares	879	< 0.01 %
SR Solrunn Rabbe Marit 1945	Ordinary shares	879	< 0.01 %
ON Oddvar Nærland Brigt 1947	Ordinary shares	879	< 0.01 %
MS Modolf Sæverud Magne 1944	Ordinary shares	853	< 0.01 %
NE Natvig Erling 1971	Ordinary shares	853	< 0.01 %
O O H MELING & CO AS	Ordinary shares	818	< 0.01 %
HA Hetland Alv 1945	Ordinary shares	818	< 0.01 %
MI Magistad Ivar 1944	Ordinary shares	818	< 0.01 %
MI Magne Imenes Olav 1941	Ordinary shares	818	< 0.01 %
HK Høgberg Knut 1945	Ordinary shares	818	< 0.01 %
HF Hovda Fartein 1961	Ordinary shares	818	< 0.01 %
HA Henning Abelsen Malvin 1949	Ordinary shares	818	< 0.01 %
TP Torvik Pettersen Dag 1959	Ordinary shares	818	< 0.01 %

Shares owned by the HITECVISION AS

Name	Share class	Total number of shares	Share
H HITECVISION ADVISORY AS	Ordinary shares	14,500	100 %
H HV CAPITAL IV AS	Ordinary shares	51,765,103	49.04 %
H HV CAPITAL AS	Ordinary shares	5,086,082	48.96 %
H HV CAPITAL VII AS	Ordinary shares	4,677,152	24.69 %
H HV CAPITAL NEF 2 AS	Ordinary shares	3,650,000	24.33 %
H HV CAPITAL NSOF AS	Ordinary shares	7,386,152	24.25 %
H HV CAPITAL NEF AS	Ordinary shares	2,366,667	23.36 %
H HV CAPITAL VI AS	Ordinary shares	425,609	7.81 %

Last update: Sep 25, 2026

Group structure

HITECVISION AS
Total operating income 2025: NOK 498,446,697
Operating profit 2025: NOK 488,196,473
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	498,446,697	247,986,605	777,932,080	950,902,647	127,733,391
Annual Total Result	474,575,109	228,214,007	754,631,033	909,166,893	122,027,339
Total assets	538,649,789	717,035,852	973,263,681	1,276,566,542	648,094,295
Total liabilities	254,484,857	404,812,101	556,377,506	914,227,694	189,085,467
Total equity	284,164,933	312,223,751	416,886,175	362,338,848	459,008,829

P&L

Year	2025	2024	2023	2022	2021
Total operating income	498,446,697	247,986,605	777,932,080	950,902,647	127,733,391
Total operating costs	10,250,224	4,083,348	8,868,216	38,827,695	3,673,204
Operating result	488,196,473	243,903,257	769,063,864	912,074,952	124,060,187
Financial income/costs	-14,486,543	-16,713,365	-12,654,095	-1,650,562	-1,736,991
Profit before tax	473,709,930	227,189,892	756,409,769	910,424,390	122,323,196
Total tax & extraordinary income/cost	-865,179	-1,024,115	1,778,736	1,257,497	295,857
Annual Total Result	474,575,109	228,214,007	754,631,033	909,166,893	122,027,339

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	336,870,650	490,317,178	626,705,504	634,050,130	591,629,163
Total current assets	201,779,139	226,718,674	346,558,177	642,516,412	56,465,132
Total assets	538,649,789	717,035,852	973,263,681	1,276,566,542	648,094,295
Short term debt	254,204,046	154,347,893	304,207,401	912,928,078	188,796,800
Long term debt	280,811	250,464,208	252,170,105	1,299,616	288,667
Total liabilities	254,484,857	404,812,101	556,377,506	914,227,694	189,085,467
Contributed capital	332,687	332,687	332,687	332,687	332,687
Retained earnings	283,832,246	311,891,064	416,553,488	362,006,161	458,676,142
Total equity	284,164,933	312,223,751	416,886,175	362,338,848	459,008,829
Total equity and liabilities	538,649,790	717,035,852	973,263,681	1,276,566,542	648,094,296

Classification

21st company classification

BETA

Industrial large enterprise

Type of organization

Limited company

Standard industrial classification

HITECVISION AS979 598 122

HITECVISION AS

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the HITECVISION AS

Group structure

Financials

Summary

P&L

Balance overview

Classification