Private · Company · Aksjeselskap
ARGENTUM ASSET MANAGEMENT AS
↳ Brreg · companies
Parent of 10 companiesARGENTUM XV GP AS · ARGENTUM 2017 AS · ARGENTUM 2019 AS
Group financialsNOK
FY20 · 74MFY21 · 74MFY22 · 73MFY23 · 97MFY24 · 101M
RevenueNet profit
Regnskapsregisteret · company_revenue
Job ads on NAV Arbeidsplassen12 MO
No job ads on record in the last 12 months.
NAV Arbeidsplassen · company_job_ad_months
Public contracts · won → est. expiryaward dates from Doffin/TED · hatched = our estimate, end dates aren't published
0 wins
Doffin/TED · company_tender_wins
Key figuresBrønnøysund
FY20FY21FY22FY23FY24TREND
Revenue74M74M73M97M101M
Operating result3M3M15M4M4M
Net result0M4M11M3M-17M
Regnskapsregisteret · company_revenue
MoneyNOK
Group revenue
kr 335.5M
Group net
kr 200.7M
Tenders won
0
Rolled up across the parent + 10 subsidiaries — ARGENTUM PRIMARY AS alone is kr 91.1M.
rollup estimate · filed konsernregnskap not yet in Intelligo
Regnskapsregisteret · rollup across ownership edges (estimate)
Activitylast 24 mo
No job-ad activity on file
totals on file · ads-over-time series not yet in Intelligo
Registry changes
Employees28 → 292026-07-25
Employees28 → 292026-07-17
Field change · registreringsdatoAntallAnsatteNAVAaregisteret2026-05-10 → 2026-07-102026-07-17
Field change · registreringsdatoAntallAnsatteEnhetsregisteret2026-05-11 → 2026-07-152026-07-17
NAV + JobStream · company_hiring · Brreg · company_changes
Portfolio · resolved to end-investments
Show flat listOwnership followed through every holdco layer — you land on the operating company, not the shell. Effective stake = product along the chain.
CompanyStakeRevenueResultEmpLast event
Aksjonærregisteret edges · portfolio_edges · latest cap table
■ end-investment — an operating company● pass-through holdcoeffective stake = product along the chain
From the FY2024 accounts
FILEDAccounts filed for FY2024.
AUDITAudited by PRICEWATERHOUSECOOPERS AS.
GROUPFiles as a parent with 10 subsidiaries.
BALANCEEquity kr 42.6M.
Regnskapsregisteret + Brreg roles · the annual-report PDF is a paid Brønnøysund document, so these are the filed facts, not extracted prose
Portfolio timeline9 companies
ASO II INVEST AS — ENOR INVEST AS acquired 7.0 pctNew owner · 2025-12-31
ASO II INVEST AS — CRL INVEST AS acquired 7.0 pctNew owner · 2025-12-31
ASO II INVEST AS — FJELLVEIEN INVEST AS acquired 15.0 pctNew owner · 2025-12-31
ASO II INVEST AS — HIF HOLDING AS acquired 9.0 pctNew owner · 2025-12-31
ARGENTUM 2024 INVEST AS — ENOR INVEST AS acquired 7.0 pctNew owner · 2025-12-31
ARGENTUM 2024 INVEST AS — CRL INVEST AS acquired 7.0 pctNew owner · 2025-12-31
ARGENTUM 2024 INVEST AS — FJELLVEIEN INVEST AS acquired 15.0 pctNew owner · 2025-12-31
ARGENTUM 2024 INVEST AS — HIF HOLDING AS acquired 9.0 pctNew owner · 2025-12-31
ARGENTUM 2017 AS — OwnershipThe company is the general partner (hovedmann) of underlying internal partnerships and owns 1.00 % of them, with the remainder of other e...Annual report · 2024-12-31
ARGENTUM 2017 AS — OtherCost price of private equity investments at 31 December 2024 was NOK 270.97 million, with fair value above the booked cost. — Kostpris pr...Annual report · 2024-12-31
ARGENTUM 2017 AS — OtherRemaining uncalled commitment to private equity funds at 31 December 2024 was NOK 82.4 million. — Restforpliktelsen per 31.12.24 utgjor 8...Annual report · 2024-12-31
ARGENTUM 2017 AS — Post balance sheet eventNo new information on material matters existing at or occurring after the balance sheet date up to the board's approval of the accounts h...Annual report · 2024-12-31
ARGENTUM 2017 AS — Deferred taxDeferred tax assets are not recognised in the balance sheet, applying the small-entity exemption/NRS 8. — Utsatt skattefordel balansefore...Annual report · 2024-12-31
ARGENTUM 2017 AS — OtherValuation of unlisted private equity holdings involves uncertainty since the instruments are not priced in an active market, and changed ...Annual report · 2024-12-31
ARGENTUM 2019 AS — Audit opinionPricewaterhouseCoopers AS issued an audit report on the 2024 financial statements with an unmodified conclusion, signed in Bergen 10 Apri...Annual report · 2024-12-31
ARGENTUM 2019 AS — Staff numbersThe company had no employees in 2023 or 2024 and is not required to have an occupational pension scheme. — Det har ikke vart ansatte i se...Annual report · 2024-12-31
ARGENTUM 2019 AS — RemunerationNo remuneration was paid to members of the board. — Det er ikke utbetalt godtgjorelse til styrets medlemmer.Annual report · 2024-12-31
ARGENTUM 2019 AS — Related partyNo loans or security have been granted to board members or other related parties. — Det er ikke gitt lan / sikkerhetsstillelse til styret...Annual report · 2024-12-31
ARGENTUM 2019 AS — Related partyAdvisory (management) fees of NOK 5,381,640 were paid to Argentum Asset Management AS in 2024 (NOK 5,979,600 in 2023). — pa kr. 5 381 640...Annual report · 2024-12-31
ARGENTUM 2019 AS — RemunerationAuditor remuneration was NOK 43,646 for audit in 2024 (NOK 41,963 in 2023), with no other services, stated including VAT. — Honorar til r...Annual report · 2024-12-31
ARGENTUM 2019 AS — OwnershipArgentum Asset Management AS holds 100 % of the shares and votes in the company. — Argentum Asset Managment AS 1000 000 100 % 100 %Annual report · 2024-12-31
ARGENTUM 2019 AS — Share capitalShare capital consists of 1,000,000 ordinary shares of NOK 0.1 nominal value, totalling NOK 100,000. — Aksjekapitalen i Argentum 2019 AS ...Annual report · 2024-12-31
ARGENTUM 2019 AS — OtherRemaining commitments to the private equity funds amounted to NOK 120.1 million at 31 December 2024, to be paid in as the funds make inve...Annual report · 2024-12-31
ARGENTUM 2019 AS — OtherThe company was established 11 June 2019 as a vehicle for private equity fund investments with final close on 6 March 2020. — Selskapet b...Annual report · 2024-12-31
ARGENTUM 2019 AS — Deferred taxDeferred tax assets are not recognised in the balance sheet in accordance with NRS 8 and small-entity accounting rules; tax expense was n...Annual report · 2024-12-31
ARGENTUM 2019 AS — OtherValuation of the unlisted private equity portfolio is uncertain as the instruments are not priced in an active market, and changes in ass...Annual report · 2024-12-31
ARGENTUM 2022 INVEST AS — ENOR INVEST AS acquired 7.0 pctNew owner · 2024-12-31
ARGENTUM 2022 INVEST AS — CRL INVEST AS acquired 7.0 pctNew owner · 2024-12-31
ARGENTUM 2017 AS — Audit opinionPricewaterhouseCoopers AS issued an audit report on the 2024 financial statements, signed in Bergen on 10 April 2025 by state authorised ...Annual report · 2024-12-31
ARGENTUM 2022 INVEST AS — HIF HOLDING AS acquired 9.0 pctNew owner · 2024-12-31
ASO 2023 INVEST AS — ENOR INVEST AS acquired 7.0 pctNew owner · 2024-12-31
ASO 2023 INVEST AS — CRL INVEST AS acquired 7.0 pctNew owner · 2024-12-31
ASO 2023 INVEST AS — FJELLVEIEN INVEST AS acquired 15.0 pctNew owner · 2024-12-31
ASO 2023 INVEST AS — HIF HOLDING AS acquired 9.0 pctNew owner · 2024-12-31
ARGENTUM 2023 INVEST AS — ENOR INVEST AS acquired 7.0 pctNew owner · 2024-12-31
ARGENTUM 2023 INVEST AS — CRL INVEST AS acquired 7.0 pctNew owner · 2024-12-31
ARGENTUM 2023 INVEST AS — FJELLVEIEN INVEST AS acquired 15.0 pctNew owner · 2024-12-31
ARGENTUM 2023 INVEST AS — HIF HOLDING AS acquired 9.0 pctNew owner · 2024-12-31
ARGENTUM 2022 INVEST AS — FJELLVEIEN INVEST AS acquired 15.0 pctNew owner · 2024-12-31
ARGENTUM 2017 AS — Staff numbersThe company had no employees in either 2023 or 2024 and is not required to have an occupational pension scheme. — Det har ikke vart ansat...Annual report · 2024-12-31
Skiwo · company_events
Timelineall sources
employees_change: employees28 -> 29Registry · 2026-07-25
employee_change: antallAnsatte28 -> 29Registry · 2026-07-17
field_change: registreringsdatoAntallAnsatteNAVAaregisteret2026-05-10 -> 2026-07-10Registry · 2026-07-17
field_change: registreringsdatoAntallAnsatteEnhetsregisteret2026-05-11 -> 2026-07-15Registry · 2026-07-17
ARGENTUM AS acquired 100.0 pctNew owner · 2025-12-31
ARGENTUM FONDSINVESTERINGER AS exited (held 100.0 pct)Owner exit · 2025-12-31
InsuranceThe company has directors and officers liability insurance. — Det er tegnet styreansvarsforsikring som dekker ansvar for formuestap for k...Annual report · 2024-12-31
Financial riskWrite-downs of certain subsidiaries totaling 19.9 million NOK. — I 2024 er det foretatt nedskrivninger av enkelte datterselskap tilsvaren...Annual report · 2024-12-31
AccidentsNo serious work accidents or incidents occurred. — Det har ikke forekommet eller blitt rapportert alvorlige arbeidsuhell eller ulykker so...Annual report · 2024-12-31
Audit opinionErnst & Young AS issued an unmodified audit opinion on the 2022 financial statements. — Vi har revidert arsregnskapet for Argentum Asset ...Annual report · 2022-12-31
OwnershipThe company is wholly owned by Argentum Fondsinvesteringer as with 30 000 shares and 100% of votes. — Argentum Fondsinvesteringer as 30 ...Annual report · 2022-12-31
Share capitalShare capital is NOK 300 000 and share premium NOK 100 008 817, unchanged from 2021. — Aksjekapital Overkurs 10 100 008 817 300 000 ...Annual report · 2022-12-31
RemunerationNo remuneration was paid to board members and no loans or security were given to the chairman or other related parties. — Det erikkeutbet...Annual report · 2022-12-31
Related partyNote 2 discloses balances and transactions with group companies and related parties. — Note 2 Mellomvaerende og transaksjoner med selskap...Annual report · 2022-12-31
Related partyThe board proposes that the 2022 profit of NOK 10,839,089 be allocated, with NOK 11,704,670 as group contribution. — Styret i Argentum As...Annual report · 2022-12-31
ImpairmentWrite-downs of certain subsidiaries were made in 2022 (net financial write-down of NOK 654,282). — 12022 er det foretatt nedskrivninger a...Annual report · 2022-12-31
Staff numbersThe company employed 23.25 FTEs in 2022 against 25.0 in 2021. — Totalt har selskapet i regnskapsaret 2022 sysselsatt 23,25 arsverk (25,0 ...Annual report · 2022-12-31
RestructuringA reversal of prior years' provisions for variable pay of NOK 12.66 million (incl. employer's tax and finance tax) was recognised. — av t...Annual report · 2022-12-31
OtherThe managing director stepped down on 26 September 2022 and remuneration includes the notice period to 31 December 2022. — Tradte av som ...Annual report · 2022-12-31
SubsidiarySubsidiaries are 100% owned investment companies located in Bergen. — Argentum Nordic PEP 1 AS Argentum Secondary AS Bergen Bergen In...Annual report · 2022-12-31
Deferred taxDeferred tax asset of NOK 797,122 is calculated at a 25% tax rate applicable to financial sector companies. — utsatt skattefordel per 31....Annual report · 2022-12-31
RemunerationAudit fee expensed was NOK 143,891 in 2022 (NOK 147,339 in 2021), including VAT. — Sum godtgjorelse til revisor 143 891 147339Annual report · 2022-12-31
OtherThe board states liquidity is good with NOK 8.6 million in free liquid funds at year end. — Selskapets likviditet er god med kroner 8,6 m...Annual report · 2022-12-31
OtherNote 11 addresses the effects of the war in Ukraine on the portfolio. — Note 11 Ukraina krigenAnnual report · 2022-12-31
Audit opinionErnst & Young AS issued an unmodified audit opinion, concluding that the financial statements give a true and fair view. — Ettervarmening...Annual report · 2020-12-31
Audit opinionThe auditor also concluded that the board's report, the going concern assumption and the proposed allocation of the result are consistent...Annual report · 2020-12-31
Going concernThe board confirms that the going concern assumption has been applied in preparing the annual accounts. — I samsvar med regnskapsloven 3...Annual report · 2020-12-31
OwnershipArgentum Fondsinvesteringer as owns all 30 000 shares, 100 % of capital and votes. — ArgentumFondsinvesteringer as 30 000 100 % 100 %Annual report · 2020-12-31
Share capitalShare capital is NOK 300 000, unchanged from the prior year, with share premium of NOK 100 008 817. — Aksjekapital Innskutt egenkapital ...Annual report · 2020-12-31
RemunerationNo remuneration was paid to board members and no loans or security were given to the chairman or other related parties. — Det er ikke utb...Annual report · 2020-12-31
Skiwo · company_events
Tenders0 wins · 0 losses
No recorded tender wins.
Relevant open tenders — matched NACE 66.300 ↔ CPV
subscribers sharpen matches with per-company keywords
open-tender matching (NACE ↔ CPV) awaits Intelligo's open-tenders view
Doffin/TED · company_tender_wins · 2026-08-03
People4 roles
BOARD · 3 ROLES
Styrets lederDidrik Oskar Munch2026StyremedlemMagne Øvreås2026StyremedlemKatrine Trovik2026registered roles only · website-employee lookup awaits the crawler
Roles from Brreg, shown for business contact only. No birth date is shown or exported (purpose limitation, GDPR Art. 6(1)(f)).
Brreg · company_people
Structureparent
OWNERSHIP CHAIN · ULTIMATE → THIS
100%EGD HOLDING AS
100%ARGENTUM AS
self
Owns ↓ · 10 subsidiaries
AXARGENTUM XV GP AS ↗Other investment companies, except captive companies100% · kr 4.95MA2ARGENTUM 2017 AS ↗Other investment companies, except captive companies100% · kr 48.4MA2ARGENTUM 2019 AS ↗Other investment companies, except captive companies100% · kr 42.4MAPARGENTUM PRIMARY AS ↗Other investment companies, except captive companies100% · kr 91.1MASARGENTUM SECONDARY IV AS ↗Venture and development capital companies100% · kr -69kAGARGENTUM GENERAL PARTNER A AS ↗Venture and development capital companies100% · kr 34.7MANARGENTUM NORDIC PEP HC AS ↗Venture and development capital companies100% · —AIARGENTUM INVESTMENT PARTNER AS ↗Other investment companies, except captive companies100% · kr 28.1MASARGENTUM SECONDARY AS ↗Other investment companies, except captive companies100% · kr -726kNANORDIC ADDITIONAL FUNDING AS ↗Other investment companies, except captive companies100% · kr -14.5M
Owned by ↑ · 1 holder
ARGENTUM AS
100%Aksjonærregisteret · company_ownership · 2025 · both directions
LocationBergen
Bergen
municipality only · street address + coordinates not yet in Intelligo
Brreg · registered municipality