Private · Company · Aksjeselskap
ARGENTUM ALTERNATIVE INVESTMENTS AS
↳ Brreg · companies
Parent of 5 companiesARGENTUM 2025 AS · ARGENTUM 2020 AS · ARGENTUM 2021 AS
Group financialsNOK
FY24 · 28MFY25 · 40M
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
FY24FY25TREND
Revenue28M40M
Operating result9M21M
Net result8M16M
Regnskapsregisteret · company_revenue
MoneyNOK
Group revenue
kr 194M
Group net
kr 154M
Tenders won
0
Rolled up across the parent + 5 subsidiaries — ARGENTUM 2020 AS alone is kr 112.4M.
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
No recorded changes.
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 FY2025 accounts
FILEDAccounts filed for FY2025.
AUDITAudited by PRICEWATERHOUSECOOPERS AS.
GROUPFiles as a parent with 5 subsidiaries.
BALANCEEquity kr 9.98M.
Regnskapsregisteret + Brreg roles · the annual-report PDF is a paid Brønnøysund document, so these are the filed facts, not extracted prose
Portfolio timeline5 companies
ARGENTUM 2025 AS — accounts_filed: sisteInnsendteAarsregnskap2024 -> 2025Registry · 2026-07-09
ARGENTUM 2021 AS — accounts_filed: sisteInnsendteAarsregnskap2024 -> 2025Registry · 2026-07-09
ARGENTUM 2020 AS — accounts_filed: sisteInnsendteAarsregnskap2024 -> 2025Registry · 2026-07-09
ARGENTUM 2025 AS — No ordinary operations / first closingThe company had its first closing on 19 December 2025 and had no ordinary operations during the financial year. — Selskapet hadde forste ...Annual report · 2025-12-31
ARGENTUM 2025 AS — Business purposeThe company's activity is ownership of interests in private equity funds, with its office in Bergen. — Selskapets virksomhet bestar av ei...Annual report · 2025-12-31
ARGENTUM 2025 AS — Staff numbersThe company employed zero man-years in 2025. — Selskapethari 2025sysselsatt0arsverk.Annual report · 2025-12-31
ARGENTUM 2025 AS — No audit fee chargedNo audit fee was charged for the 2025 financial year. — Det erikkebelastet revisjonshonorarforregnskapsaret 2025.Annual report · 2025-12-31
ARGENTUM 2025 AS — Share capital and change of ownerShare capital is NOK 30 000 with a par value of NOK 1 per share; the company was transferred from Argentum in 2025. — NOK 30 000,der paly...Annual report · 2025-12-31
ARGENTUM 2025 AS — Sole shareholderArgentum Alternative Investments AS holds 100 % of shares and votes. — ArgentumAlternativeInvestmentsAS 30000 100,0 100,0Annual report · 2025-12-31
ARGENTUM 2025 AS — More than half of equity lostAt the balance sheet date more than half of the share capital/equity was lost, which the board links to the absence of operations in 2025...Annual report · 2025-12-31
ARGENTUM 2025 AS — Recapitalisation after year-endThe company received NOK 206 612 442 in a share issue dated 6 January 2026. — Selskapet ble tilfort NOK 206 612 442iemisjon datert 6.Annual report · 2025-12-31
ARGENTUM 2025 AS — ARGENTUM ALTERNATIVE INVESTMENTS AS acquired 100.0 pctNew owner · 2025-12-31
ARGENTUM 2025 AS — WIKBORG REIN SERVICES AS exited (held 100.0 pct)Owner exit · 2025-12-31
ARGENTUM 2025 AS — Related-party liabilityThe NOK 1 807 758 liability was incurred in connection with the establishment of the fund and is owed to the manager, Argentum Alternativ...Annual report · 2025-12-31
ARGENTUM 2025 AS — Auditor conclusionPricewaterhouseCoopers AS audited the 2025 financial statements and issued its report signed in Bergen on 10 June 2026. — Bergen,10.juni ...Annual report · 2025-12-31
ARGENTUM 2025 AS — Prior-year figures unaudited (other matter)The auditor notes that the previous period's financial statements were not audited, so the comparative figures are unaudited. — Avlagtars...Annual report · 2025-12-31
ARGENTUM 2020 AS — Staff numbersThe company reports no employees; 0.00 man-years in the financial year. — Antall 0.00 arsverki regnskapsaretAnnual report · 2025-12-31
ARGENTUM 2020 AS — DividendThe profit of NOK 107,456,290 is transferred to other equity; no dividend proposed. — Selskapets overskudd pa NOK 107 456 290 overfores t...Annual report · 2025-12-31
ARGENTUM 2020 AS — Deferred taxDeferred tax assets are not recognised in the balance sheet under the exemption rules for small entities. — Utsatt skattefordel balansefo...Annual report · 2025-12-31
ARGENTUM 2020 AS — Post balance sheet eventNo new information on material matters existing at or arising after the balance sheet date up to the board's approval has emerged. — Lede...Annual report · 2025-12-31
ARGENTUM 2020 AS — OtherRemaining capital commitments to private equity funds amounted to NOK 144.51 million at 31.12.2025. — Restforpliktelsen per 31.12.2025 ut...Annual report · 2025-12-31
ARGENTUM 2020 AS — OtherThe fund is not in a position to pay carried interest. — Fondet er ikke i posisjon for a utbetale carried interest.Annual report · 2025-12-31
ARGENTUM 2020 AS — OtherThe company has no long-term debt and the manager assesses liquidity as satisfactory. — AAI vurderer likviditeten i Selskapet som tilfred...Annual report · 2025-12-31
ARGENTUM 2020 AS — OtherThe company is general partner (hovedmann) of the alternative investment fund Argentum 2020 IS, managed by Argentum Alternative Investmen...Annual report · 2025-12-31
ARGENTUM 2020 AS — OtherAuditor remuneration expensed was NOK 44,290 in 2025 (NOK 43,000 in 2024), including VAT. — Godtgjorelse til revisor er oppgitt inklusiv ...Annual report · 2025-12-31
ARGENTUM 2020 AS — ImpairmentWrite-downs of private equity funds are made where required due to demonstrable permanent decline in value; fair value at 31.12.2025 exce...Annual report · 2025-12-31
ARGENTUM 2021 AS — Audit opinionPricewaterhouseCoopers AS audited the 2025 financial statements in accordance with the ISAs and signed the report in Bergen on 10 June 20...Annual report · 2025-12-31
ARGENTUM 2021 AS — Audit opinionThe auditor states the board's report is consistent with the financial statements and contains the information required by law. — Basert ...Annual report · 2025-12-31
ARGENTUM 2021 AS — Going concernThe board reports a satisfactory financial position at the balance sheet date, with no going-concern doubt raised. — Selskapet har en til...Annual report · 2025-12-31
ARGENTUM 2021 AS — OwnershipArgentum Alternative Investments AS holds all 3,000 shares, i.e. 100% of capital and votes. — ArgentumAlternativeInvestmentsAS 3000 Eie...Annual report · 2025-12-31
ARGENTUM 2021 AS — Share capitalShare capital is NOK 82 500, unchanged from the prior year, with share premium of NOK 2 417 500. — Aksjekapital 6 82 500 82 500Annual report · 2025-12-31
ARGENTUM 2021 AS — Staff numbersThe company had no employees in 2025 or 2024 and is not required to have an occupational pension scheme. — Det har ike vaert ansatte isel...Annual report · 2025-12-31
ARGENTUM 2021 AS — RemunerationNo remuneration was paid to members of the board. — Det er ikke utbetalt godtgjorelse til styrets medlemmer.Annual report · 2025-12-31
ARGENTUM 2021 AS — RemunerationThe manager AAI paid total remuneration of NOK 5 265 058 in 2025 to 4 employees. — AAl har betalt godtgjorelse til samtlige ansatte pa NO...Annual report · 2025-12-31
ARGENTUM 2021 AS — Related partyThere is a salary-coverage agreement between Argentum Asset Management AS and Argentum Alternative Investments AS, with 25% of the CEO's ...Annual report · 2025-12-31
ARGENTUM 2021 AS — Related partyNo loans or security have been granted to board members or other related parties. — Det er ike gitt lan/ sikerhetsstillelse tilstyrets me...Annual report · 2025-12-31
ARGENTUM 2021 AS — DividendThe profit of NOK 32 051 650 is transferred to equity; no dividend is proposed. — Selskapets overskudd pa NOK 32 051650 overfores til ege...Annual report · 2025-12-31
ARGENTUM 2021 AS — OtherThe fund is not in a position to pay carried interest. — Fondet er ikkei posisjon for a utbetale carried interest.Annual report · 2025-12-31
ARGENTUM 2021 AS — Loan or financingThe manager considers liquidity satisfactory and the company has no long-term debt. — AAl vurderer likviditeten iSelskapet som tilfredsst...Annual report · 2025-12-31
ARGENTUM 2021 AS — OtherRemaining uncalled commitment to underlying private equity funds was NOK 424.88 million at 31 December 2025. — Restforpliktelsen per 31.1...Annual report · 2025-12-31
Skiwo · company_events
Timelineall sources
Audit opinionPricewaterhouseCoopers AS audited the 2025 financial statements and issued an unmodified conclusion. — ViharrevidertarsregnskapetforArgen...Annual report · 2025-12-31
Going concernThe board states the accounts are prepared on the going-concern assumption. — avleggelsen av arsregnskapet, og regnskapet er utarbeidet u...Annual report · 2025-12-31
Sale processOn 31.12.2025 the company was sold from Argentum Fondsinvesteringer AS to Argentum AS. — Den 31.12.2025 ble selskapet solgt fra Argentum ...Annual report · 2025-12-31
OwnershipArgentum AS holds all 30 shares, 100 % of capital and votes, and EGD Holding AS prepares the consolidated accounts that include the compa...Annual report · 2025-12-31
Share capitalShare capital is NOK 39 000, unchanged from the prior year, with share premium of NOK 6 961 000. — Aksjekapital 11, 12 39 000 39 000Annual report · 2025-12-31
DividendOf the profit of TNOK 16 069, TNOK 16 000 is allocated as dividend and TNOK 69 to other equity. — Av selskapets overskudd pa TNOK 16 069,...Annual report · 2025-12-31
RemunerationNo remuneration to the board was expensed during the financial year. — Det er ikke kostnadsfort godtgjorelser til styret i lopet av regns...Annual report · 2025-12-31
Remuneration25 % of the CEO's salary costs are charged to Argentum Asset Management AS under a salary-coverage agreement. — I perioden er 25% av lonn...Annual report · 2025-12-31
Staff numbersThe company employed 2.6 FTEs in the financial year, the same as in 2024. — Selskapet sysselsetter 2,6 arsverk i regnskapsaret. Det var t...Annual report · 2025-12-31
Related partyServices totalling NOK 7 932 142 were bought from affiliated companies on market terms. — Alle tjenester kjopes pa markedesmessige vilkar.Annual report · 2025-12-31
Related partyOther short-term debt consists of balances with Argentum Asset Management AS and Argentum Business Management AS. — Annen kortsiktig gjel...Annual report · 2025-12-31
Related partyGroup contribution of NOK 10 569 377 was paid out in 2025 (NOK 11 800 000 in 2024). — Utbetalinger av konsernbidrag 4, 9 -10 569 377 -...Annual report · 2025-12-31
ImpairmentNo indications of impairment of the investments in subsidiaries existed at 31.12.2025. — Det foreligger per 31.12.2025 ingen indikasjoner...Annual report · 2025-12-31
Post balance sheet eventNo new information on material matters affecting the valuation of subsidiaries emerged between the balance sheet date and the board's app...Annual report · 2025-12-31
SubsidiaryArgentum 2025 AS was newly incorporated in 2025 and had no ordinary operations. — Argentum 2025 AS var nystiftet i 2025,og hadde ikke ord...Annual report · 2025-12-31
Deferred taxDeferred tax at 25 % is nil in both years. — UTSATT SKATT (25 %) 0 0Annual report · 2025-12-31
OtherAssets under management amounted to mNOK 3 983 at the balance sheet date. — Pa balansedagen 31.12 hadde selskapet mNOK 3 983 under forval...Annual report · 2025-12-31
OtherRestricted withholding-tax bank deposits amount to NOK 187 789. — Bundne skattetrekksmidler utgjor kr.187789Annual report · 2025-12-31
OtherThe company has taken out professional indemnity insurance. — Selskapet har tegnet profesjonsansvarsforsikring.Annual report · 2025-12-31
ARGENTUM AS acquired 100.0 pctNew owner · 2025-12-31
ARGENTUM FONDSINVESTERINGER AS exited (held 100.0 pct)Owner exit · 2025-12-31
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 lederAndreas Lowzow2026StyremedlemHarald Ingve Flagtvedt2026StyremedlemLisa Jacobsen2026registered 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 ↓ · 5 subsidiaries
A2ARGENTUM 2025 AS ↗Other investment companies, except captive companies100% · —A2ARGENTUM 2020 AS ↗Other investment companies, except captive companies100% · kr 112.4MA2ARGENTUM 2021 AS ↗Other investment companies, except captive companies100% · kr 40.2MASARGENTUM SECONDARY OPPORTUNITY II AS ↗Other investment companies, except captive companies100% · kr 1.27MASARGENTUM SECONDARY OPPORTUNITY III AS ↗100% · —
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