Argentum Asset Management AS

912 287 343 ↗Fund management activities
identity
AS · est 2013BergenParent · 10 subsidiaries
Brreg · companies
Employees27
CEO · since2022-10-11Espen Langeland
Chair · since2026-02-05Didrik Oskar Munch
  • 2026-07-17: 29
  • 2026-07-25: 29
  • 2026-08-12: 27
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
4 registered roles
Daglig lederEspen Langeland2022-10-11
Styrets lederDidrik Oskar Munch Multiple boards2026-02-05
StyremedlemMagne Øvreås Multiple boards Serial CEO2026-02-05
StyremedlemKatrine Trovik Multiple boards2026-02-05
register ledger · people
2026-08-12regemployees_change: employees29 -> 27
2026-07-25regemployees_change: employees28 -> 29
2026-07-17regemployee_change: antallAnsatte28 -> 29
NOK, amounts in thousands
20242025
Revenue101 189
Operating result3 946
Result before tax−15 545
Net result−16 655
Total assets85 177
Equity42 624
202020212022202320242025
Revenue74 32873 80072 51197 255101 189
Operating result2 6032 55715 3063 8763 946
Result before tax8014 47214 7324 089−15 545
Net result1203 80010 8393 047−16 655
Total assets102 834105 68387 193105 03085 177
Equity62 15864 17163 30662 99142 624
Regnskapsregisteret · company_revenue · FY2024 (company)
register ledger · money
2026-08-17regaccounts_filed: last_annual_accounts_year2024 -> 2025
20242025
ARGENTUM AS 100
ARGENTUM FONDSINVESTERINGER AS 100
202020212022202320242025
ARGENTUM AS 100
ARGENTUM FONDSINVESTERINGER AS 100100100100100
Ownership chain · ultimate → thisEGD HOLDING AS 100%ARGENTUM AS 100%self
Aksjonærregisteret · company_ownership · 2025 · both directions
register ledger · owners
2025-12-31own+ARGENTUM AS acquired 100.0 pct
2025-12-31own−ARGENTUM FONDSINVESTERINGER AS exited (held 100.0 pct)
stewards
202420252026
auditor PRICEWATERHOUSECOOPERS AS 2026-06-23
accountant AIDER AS 2026-06-23
accountant ASPIA NORGE AS 2026-06-23
2020202120222023202420252026
auditor PRICEWATERHOUSECOOPERS AS 2026-06-23
accountant AIDER AS 2026-06-23
accountant ASPIA NORGE AS 2026-06-23
Switches
2026-08-06dropped ASPIA NORGE AS
2026-08-06engaged AIDER AS
Brreg publishes no role history; switches accumulate from 2026-08-03.
Brreg · company_org_roles
tenders
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 · 2026-08-17
hiring
No job ads on record in the last 12 months.
NAV Arbeidsplassen · company_job_ad_months
website
URL · crawledargentum.no 2026-07-28
AI filesno llms files · open
Stackwordpress · nb
Web · company_sites
group · owns
Group revenue kr 334.9MGroup net kr 238.6MTenders won 0Rolled up across the parent + 10 subsidiaries — Argentum Primary AS alone is kr 91.1M.
rollup estimate · filed konsernregnskap not yet in Intelligo
Argentum XV GP AS 100%Other investment companies, except captive companieskr 4.95M
Argentum 2017 AS 100%Other investment companies, except captive companieskr 48.4M
Argentum 2019 AS 100%Other investment companies, except captive companieskr 42.4M
Argentum Primary AS 100%Other investment companies, except captive companieskr 91.1M
Argentum Secondary Iv AS 100%Venture and development capital companieskr -69k
Argentum General Partner A AS 100%Venture and development capital companieskr 34.7M
Argentum Nordic Pep HC AS 100%Venture and development capital companieskr -563k
Argentum Investment Partner AS 100%Other investment companies, except captive companieskr 28.1M
Argentum Secondary AS 100%Other investment companies, except captive companieskr -726k
Nordic Additional Funding AS 100%Other investment companies, except captive companieskr -14.5M
Argentum Nordic Pep 1 AS 100%
Argentum Npep AS 100%
Aso Iii Invest AS 100%
Argentum 2025 Invest AS 100%
Aso 2023 Invest AS 50%
Argentum 2023 Invest AS 50%
Aso Ii Invest AS 50%
Argentum 2024 Invest AS 50%
Argentum 2022 Invest AS 50%
Argentum 2018 AS 0%
Aksjonærregisteret · company_ownership · 2025 · both directions
Portfolio · resolved to end-investments9 companiesShow flat list
CompanyStakeRevenueResultEmpLast event
ARGENTUM 2017 AS 100%kr 48.4Mkr 47.3Mreg · 2026-08-14
ARGENTUM 2019 AS 100%kr 42.4Mkr 36.9Mreg · 2026-08-14
ARGENTUM 2022 INVEST AS 50%kr -66kreg · 2026-08-17
ARGENTUM 2023 INVEST AS 50%kr -66kreg · 2026-08-17
ARGENTUM 2024 INVEST AS 50%kr -42kown+ · 2025-12-31
ARGENTUM 2025 INVEST AS 100%
ASO 2023 INVEST AS 50%kr -66kreg · 2026-08-17
ASO II INVEST AS 50%kr -283kown+ · 2025-12-31
ASO III INVEST AS 100%
Aksjonærregisteret edges · portfolio_edges · latest cap table
Portfolio timeline9 companies
2026-08-17regASO 2023 INVEST AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-17regARGENTUM 2022 INVEST AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-17regARGENTUM 2023 INVEST AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-14regARGENTUM 2017 AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-14regARGENTUM 2019 AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2025-12-31own+ARGENTUM 2024 INVEST AS — ENOR INVEST AS acquired 7.0 pct
2025-12-31own+ARGENTUM 2024 INVEST AS — CRL INVEST AS acquired 7.0 pct
2025-12-31own+ARGENTUM 2024 INVEST AS — FJELLVEIEN INVEST AS acquired 15.0 pct
2025-12-31own+ARGENTUM 2024 INVEST AS — HIF HOLDING AS acquired 9.0 pct
2025-12-31own+ASO II INVEST AS — ENOR INVEST AS acquired 7.0 pct
2025-12-31own+ASO II INVEST AS — CRL INVEST AS acquired 7.0 pct
2025-12-31own+ASO II INVEST AS — FJELLVEIEN INVEST AS acquired 15.0 pct
2025-12-31own+ASO II INVEST AS — HIF HOLDING AS acquired 9.0 pct
2024-12-31reportARGENTUM 2017 AS — Deferred taxDeferred tax assets are not recognised in the balance sheet, applying the small-entity exemption/NRS 8. — Utsatt skattefordel balansefore...
2024-12-31reportARGENTUM 2017 AS — OtherValuation of unlisted private equity holdings involves uncertainty since the instruments are not priced in an active market, and changed ...
2024-12-31reportARGENTUM 2019 AS — Audit opinionPricewaterhouseCoopers AS issued an audit report on the 2024 financial statements with an unmodified conclusion, signed in Bergen 10 Apri...
2024-12-31reportARGENTUM 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...
2024-12-31reportARGENTUM 2019 AS — RemunerationNo remuneration was paid to members of the board. — Det er ikke utbetalt godtgjorelse til styrets medlemmer.
2024-12-31reportARGENTUM 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...
2024-12-31reportARGENTUM 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...
2024-12-31reportARGENTUM 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...
2024-12-31reportARGENTUM 2019 AS — OwnershipArgentum Asset Management AS holds 100 % of the shares and votes in the company. — Argentum Asset Managment AS 1000 000 100 % 100 %
2024-12-31reportARGENTUM 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 ...
2024-12-31reportARGENTUM 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...
2024-12-31reportARGENTUM 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...
2024-12-31reportARGENTUM 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...
2024-12-31reportARGENTUM 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...
2024-12-31own+ARGENTUM 2022 INVEST AS — ENOR INVEST AS acquired 7.0 pct
2024-12-31own+ARGENTUM 2022 INVEST AS — CRL INVEST AS acquired 7.0 pct
2024-12-31own+ARGENTUM 2022 INVEST AS — HIF HOLDING AS acquired 9.0 pct
2024-12-31own+ASO 2023 INVEST AS — ENOR INVEST AS acquired 7.0 pct
2024-12-31own+ASO 2023 INVEST AS — CRL INVEST AS acquired 7.0 pct
2024-12-31own+ASO 2023 INVEST AS — FJELLVEIEN INVEST AS acquired 15.0 pct
2024-12-31own+ASO 2023 INVEST AS — HIF HOLDING AS acquired 9.0 pct
2024-12-31own+ARGENTUM 2023 INVEST AS — ENOR INVEST AS acquired 7.0 pct
2024-12-31own+ARGENTUM 2023 INVEST AS — CRL INVEST AS acquired 7.0 pct
2024-12-31own+ARGENTUM 2023 INVEST AS — FJELLVEIEN INVEST AS acquired 15.0 pct
2024-12-31own+ARGENTUM 2023 INVEST AS — HIF HOLDING AS acquired 9.0 pct
2024-12-31own+ARGENTUM 2022 INVEST AS — FJELLVEIEN INVEST AS acquired 15.0 pct
2024-12-31reportARGENTUM 2017 AS — Audit opinionPricewaterhouseCoopers AS issued an audit report on the 2024 financial statements, signed in Bergen on 10 April 2025 by state authorised ...
Showing the 40 most recent events
Skiwo · company_events
FY2024audit: No reservationsPricewaterhouseCoopers AS26 full-time equivalentssigned: Bjorn Erik Ness, Ottar Ertzeid, Adele Bugge Norman Pran, Karin S. Thorburn, Oyvind Gjerevoll Schanke, Espen Langeland
Regnskapsregisteret (årsberetning) · company_annual_reports
3 notes from the report
InsuranceThe company has directors and officers liability insurance.“Det er tegnet styreansvarsforsikring som dekker ansvar for formuestap for krav fremsatt mot sikrede i forsikringsperioden som følge av en ansvarsbetingende handling eller unnlatelse hos sikrede i egenskap av daglig leder, styremedlem, medlem av ledelsen eller tilsvarende styreorgan i konsernet.”
Financial riskWrite-downs of certain subsidiaries totaling 19.9 million NOK.“I 2024 er det foretatt nedskrivninger av enkelte datterselskap tilsvarende 19,9 millioner kroner.”
AccidentsNo serious work accidents or incidents occurred.“Det har ikke forekommet eller blitt rapportert alvorlige arbeidsuhell eller ulykker som har resultert i personskade eller materielle skader i løpet av året.”
register
registered 2013-08-08
Brreg · companies
register ledger · 28 events · 2 series/meta rows folded into the charts
2026-08-17regaccounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-12regemployees_change: employees29 -> 27
2026-07-25regemployees_change: employees28 -> 29
2026-07-17regemployee_change: antallAnsatte28 -> 29
2025-12-31own+ARGENTUM AS acquired 100.0 pct
2025-12-31own−ARGENTUM FONDSINVESTERINGER AS exited (held 100.0 pct)
2024-12-31reportInsuranceThe company has directors and officers liability insurance. — Det er tegnet styreansvarsforsikring som dekker ansvar for formuestap for k...
2024-12-31reportFinancial riskWrite-downs of certain subsidiaries totaling 19.9 million NOK. — I 2024 er det foretatt nedskrivninger av enkelte datterselskap tilsvaren...
2024-12-31reportAccidentsNo serious work accidents or incidents occurred. — Det har ikke forekommet eller blitt rapportert alvorlige arbeidsuhell eller ulykker so...
2022-12-31reportAudit opinionErnst & Young AS issued an unmodified audit opinion on the 2022 financial statements. — Vi har revidert arsregnskapet for Argentum Asset ...
2022-12-31reportOwnershipThe company is wholly owned by Argentum Fondsinvesteringer as with 30 000 shares and 100% of votes. — Argentum Fondsinvesteringer as 30 ...
2022-12-31reportShare capitalShare capital is NOK 300 000 and share premium NOK 100 008 817, unchanged from 2021. — Aksjekapital Overkurs 10 100 008 817 300 000 ...
2022-12-31reportRemunerationNo remuneration was paid to board members and no loans or security were given to the chairman or other related parties. — Det erikkeutbet...
2022-12-31reportRelated partyNote 2 discloses balances and transactions with group companies and related parties. — Note 2 Mellomvaerende og transaksjoner med selskap...
2022-12-31reportRelated 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...
2022-12-31reportImpairmentWrite-downs of certain subsidiaries were made in 2022 (net financial write-down of NOK 654,282). — 12022 er det foretatt nedskrivninger a...
2022-12-31reportStaff 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 ...
2022-12-31reportRestructuringA reversal of prior years' provisions for variable pay of NOK 12.66 million (incl. employer's tax and finance tax) was recognised. — av t...
2022-12-31reportOtherThe managing director stepped down on 26 September 2022 and remuneration includes the notice period to 31 December 2022. — Tradte av som ...
2022-12-31reportSubsidiarySubsidiaries are 100% owned investment companies located in Bergen. — Argentum Nordic PEP 1 AS Argentum Secondary AS Bergen Bergen In...
2022-12-31reportDeferred taxDeferred tax asset of NOK 797,122 is calculated at a 25% tax rate applicable to financial sector companies. — utsatt skattefordel per 31....
2022-12-31reportRemunerationAudit fee expensed was NOK 143,891 in 2022 (NOK 147,339 in 2021), including VAT. — Sum godtgjorelse til revisor 143 891 147339
2022-12-31reportOtherThe 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...
2022-12-31reportOtherNote 11 addresses the effects of the war in Ukraine on the portfolio. — Note 11 Ukraina krigen
2020-12-31reportAudit opinionErnst & Young AS issued an unmodified audit opinion, concluding that the financial statements give a true and fair view. — Ettervarmening...
2020-12-31reportAudit opinionThe auditor also concluded that the board's report, the going concern assumption and the proposed allocation of the result are consistent...
2020-12-31reportGoing concernThe board confirms that the going concern assumption has been applied in preparing the annual accounts. — I samsvar med regnskapsloven 3...
2020-12-31reportOwnershipArgentum Fondsinvesteringer as owns all 30 000 shares, 100 % of capital and votes. — ArgentumFondsinvesteringer as 30 000 100 % 100 %
Skiwo · company_events