NOVATEK AS
Keywords
geologicalgeophysicalgeochemicalscientificconsulting serviceslocationmineral depositsoil and gasgroundwater
Organization
- CEO
- UH
Ulf Helge Malin1959
- Chairman of the board
- UH
Ulf Helge Malin1959
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 6
Ownership
- Number of shares and share classes
- 200
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 3,781,092
- NOK
- Annual total result 2024
- -1,052,099
- NOK
- Total equity 2024
- -307,166
- NOK
Last update: Jul 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
UH 1959 | Managing Director/CEO | 90 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
UH 1959 | Chairman | 90 % indirectly |
| Deputy Chair | - | |
OM | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
UH 1959 | Managing Director/CEO, Chairman | 90 % indirectly |
Last update: Feb 8, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 180 | 90 % | |
| Ordinary shares | 20 | 10 % |
Shares owned by the NOVATEK AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 20 | 10 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 20,000Operating profit 2024: NOK -127,050Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,781,092 | 4,729,498 | 4,961,028 | 4,707,653 |
Annual Total Result | -1,052,099 | 60,945 | -148,012 | 316,935 |
Total assets | 2,226,680 | 3,110,685 | 3,126,727 | 3,406,236 |
Total liabilities | 2,533,844 | 2,365,751 | 2,442,738 | 2,574,234 |
Total equity | -307,166 | 744,933 | 683,988 | 832,001 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,781,092 | 4,729,498 | 4,961,028 | 4,707,653 |
Total operating costs | 4,837,078 | 4,664,432 | 5,151,761 | 4,341,081 |
Operating result | -1,055,986 | 65,067 | -190,733 | 366,571 |
Financial income/costs | 3,887 | -4,122 | -4,742 | -2,173 |
Profit before tax | -1,052,099 | 60,945 | -195,475 | 364,398 |
Total tax & extraordinary income/cost | 0 | 0 | -47,463 | 47,463 |
Annual Total Result | -1,052,099 | 60,945 | -148,012 | 316,935 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 50,402 | 94,733 | 153,320 | 267,056 |
Total current assets | 2,176,278 | 3,015,952 | 2,973,407 | 3,139,180 |
Total assets | 2,226,680 | 3,110,685 | 3,126,727 | 3,406,236 |
Short term debt | 2,533,844 | 2,348,704 | 2,425,691 | 2,557,188 |
Long term debt | 0 | 17,046 | 17,046 | 17,046 |
Total liabilities | 2,533,844 | 2,365,751 | 2,442,738 | 2,574,234 |
Contributed capital | 149,000 | 149,000 | 149,000 | 149,000 |
Retained earnings | -456,166 | 595,933 | 534,988 | 683,001 |
Total equity | -307,166 | 744,933 | 683,988 | 832,001 |
Total equity and liabilities | 2,226,678 | 3,110,684 | 3,126,726 | 3,406,235 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
M
Main industrial area
Professional, scientific and technical activities
71
Activity
Architectural and engineering activities; technical testing and analysis
71.1
Main industrial group
Architectural and engineering activities and related technical consultancy
71.12
Industrial group
Engineering activities and related technical consultancy
71.122
Industrial group
Geological surveying