AS · est 2021OsloParent · 1 subsidiary
Brreg · companies
headcount series appears after two register changes
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
3 registered roles
| Styrets leder | Anders Gudmund Frøseth Multiple boards | 2021-06-07 | |
| Styremedlem | Andreas Luotonen Emblem Multiple boards | 2021-06-07 | |
| Styremedlem | Eirik Talleraas Multiple boards | 2021-06-07 |
NOK, amounts in thousands
| 2024 | 2025 | ||
|---|---|---|---|
| Revenue | |||
| Operating result | −95 | −143 | |
| Result before tax | −688 | −776 | |
| Net result | −688 | −776 | |
| Total assets | 14 335 | 14 330 | |
| Equity | −1 506 | −2 282 |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Operating result | −95 | −143 | |||||
| Result before tax | −688 | −776 | |||||
| Net result | −688 | −776 | |||||
| Total assets | 14 335 | 14 330 | |||||
| Equity | −1 506 | −2 282 |
Regnskapsregisteret · company_revenue · FY2025 (company)
register ledger · money
| 2026-07-09 | reg | accounts_filed: sisteInnsendteAarsregnskap | 2024 -> 2025 |
| 2024 | 2025 | ||
|---|---|---|---|
| AGF AS | 47 | 47 | — |
| EMBLEMATIC AS | 22 | 22 | — |
| TALLER HOLDING AS | 22 | 22 | — |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| AGF AS | — | 47 | 47 | 47 | 47 | 47 | — |
| EMBLEMATIC AS | — | 22 | 22 | 22 | 22 | 22 | — |
| TALLER HOLDING AS | — | 22 | 22 | 22 | 22 | 22 | — |
Aksjonærregisteret · company_ownership · 2025 · both directions
| 2024 | 2025 | 2026 | |
|---|---|---|---|
| auditor CROWE PARTNER REVISJON AS 2026-06-23 | ● | ||
| accountant PERMIAN BUSINESS PARTNER AS 2026-06-23 | ● |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|
| auditor CROWE PARTNER REVISJON AS 2026-06-23 | ● | ||||||
| accountant PERMIAN BUSINESS PARTNER AS 2026-06-23 | ● |
Brreg · company_org_roles
No recorded tender wins.
Relevant open tenders — matched · NACE 66.300 ↔ CPVsubscribers sharpen matches with per-company keywords
open-tender matching (NACE ↔ CPV) awaits Intelligo's open-tenders view
Doffin/TED · company_tender_wins · 2026-08-14
No job ads on record in the last 12 months.
NAV Arbeidsplassen · company_job_ad_months
Group revenue kr 6.71MGroup net kr -259kTenders won 0Rolled up across the parent + 1 subsidiary — Propagator Ventures AS alone is kr 6.71M.
rollup estimate · filed konsernregnskap not yet in Intelligo
| Propagator Ventures AS | 52.6% | Fund management activities | kr 6.71M |
| Propagator Ventures Fund 2 AS | 0.3% |
Aksjonærregisteret · company_ownership · 2025 · both directions
| Company | Stake | Revenue | Result | Emp | Last event |
| PROPAGATOR VENTURES AS | 52.6% | kr 6.71M | kr 573k | — | reg · 2026-07-09 |
| PROPAGATOR VENTURES FUND 2 AS | 9.5% | — | kr -5.67M | — | reg · 2026-07-30 |
Aksjonærregisteret edges · portfolio_edges · latest cap table
Portfolio timeline2 companies
| 2026-07-30 | reg | PROPAGATOR VENTURES FUND 2 AS — capital_change: share_capital | 376300.10 -> 471900.1 |
| 2026-07-30 | reg | PROPAGATOR VENTURES FUND 2 AS — capital_change: number_of_shares | 3763001 -> 4719001 |
| 2026-07-09 | reg | PROPAGATOR VENTURES AS — accounts_filed: sisteInnsendteAarsregnskap | 2024 -> 2025 |
| 2026-07-09 | reg | PROPAGATOR VENTURES FUND 2 AS — accounts_filed: sisteInnsendteAarsregnskap | 2024 -> 2025 |
| 2025-12-31 | report | PROPAGATOR VENTURES AS — Remuneration | The managing director received salary of NOK 1,750,000 while the board chair received nothing. — Folgende godtgjorelser er gitt til selsk... |
| 2025-12-31 | report | PROPAGATOR VENTURES AS — Related party | No loans or security have been granted to the managing director or the chair of the board. — Det er ikke gitt lan og/eller stilt sikkerhe... |
| 2025-12-31 | report | PROPAGATOR VENTURES AS — Staff numbers | Average number of full-time equivalents was 2.75 in 2025, unchanged from 2024. — Gjennomsnittlig antall arsverk i 2025: 2,75 2,75 |
| 2025-12-31 | report | PROPAGATOR VENTURES AS — Share capital | Share capital consists of 2,900 shares of NOK 100 divided into A-shares with voting rights and non-voting B-shares. — Hver A-aksje gir en... |
| 2025-12-31 | report | PROPAGATOR VENTURES AS — Ownership | Shareholders hold governance roles: AGF AS is board chair, Taller Holding AS is managing director and Emblematic AS is board member. — Se... |
| 2025-12-31 | report | PROPAGATOR VENTURES AS — Pledge or guarantee | A deposit of NOK 138,000 to landlord Braathen Eiendom Flyt AS is treated as restricted funds. — Selskapet har et depositum pa NOK 138 000... |
| 2025-12-31 | report | PROPAGATOR VENTURES AS — Deferred tax | The deferred tax asset on the NOK 4,660,489 loss carryforward is not recognised, using the small-entity exemption. — Utsatt skattefordel ... |
| 2025-12-31 | report | PROPAGATOR VENTURES AS — Other | The year's profit of NOK 516,902 was transferred to uncovered loss; no dividend was distributed. — Overfort til/ fra udekket tap 516 902... |
| 2025-12-31 | report | PROPAGATOR VENTURES AS — Other | The company holds a 1.03% investment in Propagator Ventures Fund I AS at a book value of NOK 788,000. — Propagator Ventures Fund I AS 1,... |
| 2025-12-31 | report | PROPAGATOR VENTURES FUND 2 AS — Other | Share investments are carried at acquisition cost including directly attributable transaction costs, and written down to fair value if th... |
| 2025-12-31 | report | PROPAGATOR VENTURES FUND 2 AS — Loan or financing | Several capital increases were carried out during 2025, including an unregistered capital increase of NOK 5,892,250 resolved 10.12.25. — ... |
| 2025-12-31 | report | PROPAGATOR VENTURES AS — Related party | Management fees of NOK 1,400,000 and NOK 5,313,880 were invoiced to the two related funds in 2025. — i 2025 fakturert forvaltningshonorar... |
| 2025-12-31 | report | PROPAGATOR VENTURES AS — Related party | The company has management agreements with Propagator Ventures Fund I AS and Fund 2 AS. — Selskapet har inngatt forvaltningsavtale med Pr... |
| 2025-12-31 | report | PROPAGATOR VENTURES AS — Audit opinion | The auditor issued an unmodified opinion on the 2025 financial statements showing a profit of NOK 516,902. — Vi har revidert arsregnskape... |
| 2025-12-31 | report | PROPAGATOR VENTURES FUND 2 AS — Audit opinion | The auditor Crowe Partner Revisjon AS issued an unmodified opinion that the accounts comply with legal requirements. — oppfyler arsregnsk... |
| 2025-12-31 | report | PROPAGATOR VENTURES FUND 2 AS — Remuneration | No fees or other remuneration were paid to the board, and no loans or guarantees were given. — Det er ikke utbetalt honorar eller annen g... |
| 2025-12-31 | report | PROPAGATOR VENTURES FUND 2 AS — Staff numbers | The company has no employees (0 man-years in the financial year). — Selskapet har ingen ansatte. |
| 2025-12-31 | report | PROPAGATOR VENTURES FUND 2 AS — Pledge or guarantee | The company reports no loans or guarantees provided to the board. — Selskapet er ikke pliktig til a ha tjenestepensjonsordning etter lov ... |
| 2025-12-31 | report | PROPAGATOR VENTURES FUND 2 AS — Ownership | Agf AS holds 56.56 % and Fossekallen Invest AS 22.62 % of the shares. — Agf AS Fossekallen Invest AS 1 845 623 738 250 o o 56,56 % ... |
| 2025-12-31 | report | PROPAGATOR VENTURES FUND 2 AS — Share capital | Share capital consists of 3,263,001 shares (A, B and C classes) with total nominal value NOK 326,300. — Sum aksjer 3 263 001 326 300 |
| 2025-12-31 | report | PROPAGATOR VENTURES FUND 2 AS — Related party | The company received amounts from shareholder AGF AS exceeding agreed contributed capital at the capital increase, plus further extra pay... |
| 2025-12-31 | report | PROPAGATOR VENTURES FUND 2 AS — Deferred tax | The deferred tax asset on the loss carryforward is not recognised, using the small-company exemption. — Selskapet balanseforer ikke utsat... |
| 2024-12-31 | own+ | PROPAGATOR VENTURES AS — PROPAGATOR PARTNER INVEST AS acquired 52.6 pct | |
| 2024-12-31 | own+ | PROPAGATOR VENTURES FUND 2 AS — AGF AS acquired 48.8 pct | |
| 2024-12-31 | own+ | PROPAGATOR VENTURES FUND 2 AS — FOSSEKALLEN INVEST AS acquired 29.7 pct |
Skiwo · company_events
FY2025audit: No reservationsCrowe Partner Revisjon AS0 full-time equivalentssigned: Anders Gudmund Frøseth, Andreas Luotonen Emblem, Eirik Talleraas
Regnskapsregisteret (årsberetning) · company_annual_reports
13 notes from the report
| Audit opinion | Crowe Partner Revisjon AS issued an unmodified audit opinion stating the financial statements comply with law and good accounting practice. | “oppfyler arsregnskapet gjeldende lovkrav,og” |
| Audit opinion | The auditor's report is dated 11 June 2026 in Oslo and signed by state authorised auditor Ulrik Ytterstad of Crowe Partner Revisjon AS. | “Ulrik Ytterstad” |
| Going concern | The accounts are prepared on a going concern basis, with the board expecting the value of the holdings (mainly shares in Propagator Ventures Fund 2) to develop positively and strengthen equity, despite negative equity. | “Arsregnskapet eravlagt underforutsetning omfortsatt drift.Det forventesatverdien avvirksomhetens eiendeler” |
| Ownership | Board members are directly or indirectly owners of, or represent, one or more of the shareholders. | “Selskapets styremedemmererdirekte ellerindirekte eierei,ellerrepresenterer,enellerflere avaksjonaerene.” |
| Share capital | The share capital consists of A-shares and B-shares with equal economic rights; A-shares carry one vote each while B-shares carry no votes. | “A-aksjer gir en stemme.B-aksjer gir ingen stemme.” |
| Related party | The company has a loan framework agreement dated 1 June 2022 with its owner AGF AS with a total facility of NOK 17 000 000, of which NOK 16 448 569 was drawn in 2025. | “Selskapet har den 01.Juni 2022 inngatt en lanerammeavtale med eier AGF AS.Selskapet haren laneramme pa totalt” |
| Loan or financing | The loan from AGF AS bears 4% annual interest, with interest added to principal at year-end. | “Lanet fra AGF AS er renteberegnet med 4% p.a.ihenhold til avtale. Rentene legges til hovedstol ved arets slutt. For” |
| Staff numbers | The company had no employees in 2025 and 0.00 man-years in the financial year. | “Selskapet har ingen ansatte i2025” |
| Staff numbers | The notes report zero man-years in the financial year. | “Antall 0.00 1 arsverk iregnskapsaret” |
| Other | The company is not obliged to have an occupational pension scheme under the mandatory occupational pension act. | “Selskapet er ikke pliktig til a ha tjenestepensjonsordning etter lov om obligatorisk tjenestepensjon.” |
| Deferred tax | The company does not recognise its deferred tax asset (NOK 508 620) because it applies the small-entity exemption. | “Selskapet balanseforer ikke utsatt skattefordel, da selskapet gar under unntaksreglene for sma foretak.” |
| Other | The company's investments consist of shares and convertible loans, carried at cost including transaction costs and written down only for non-temporary impairment. | “Selskapet har gjort investeringer iaksjer og konvertible lan.Investeringene i konvertible lan har mer karakter av” |
| Other | The company operates fund management activity and is located in Oslo municipality. | “Propagator Partner Invest AS er et selskap der virksomheten omfatter Fondsforvaltningsvirksomhet.Selskapet er” |
registered 2021-06-07
Brreg · companies
register ledger · 14 events
| 2026-07-09 | reg | accounts_filed: sisteInnsendteAarsregnskap | 2024 -> 2025 |
| 2025-12-31 | report | Audit opinion | Crowe Partner Revisjon AS issued an unmodified audit opinion stating the financial statements comply with law and good accounting practic... |
| 2025-12-31 | report | Audit opinion | The auditor's report is dated 11 June 2026 in Oslo and signed by state authorised auditor Ulrik Ytterstad of Crowe Partner Revisjon AS. —... |
| 2025-12-31 | report | Going concern | The accounts are prepared on a going concern basis, with the board expecting the value of the holdings (mainly shares in Propagator Ventu... |
| 2025-12-31 | report | Ownership | Board members are directly or indirectly owners of, or represent, one or more of the shareholders. — Selskapets styremedemmererdirekte el... |
| 2025-12-31 | report | Share capital | The share capital consists of A-shares and B-shares with equal economic rights; A-shares carry one vote each while B-shares carry no vote... |
| 2025-12-31 | report | Related party | The company has a loan framework agreement dated 1 June 2022 with its owner AGF AS with a total facility of NOK 17 000 000, of which NOK ... |
| 2025-12-31 | report | Loan or financing | The loan from AGF AS bears 4% annual interest, with interest added to principal at year-end. — Lanet fra AGF AS er renteberegnet med 4% p... |
| 2025-12-31 | report | Staff numbers | The company had no employees in 2025 and 0.00 man-years in the financial year. — Selskapet har ingen ansatte i2025 |
| 2025-12-31 | report | Staff numbers | The notes report zero man-years in the financial year. — Antall 0.00 1 arsverk iregnskapsaret |
| 2025-12-31 | report | Other | The company is not obliged to have an occupational pension scheme under the mandatory occupational pension act. — Selskapet er ikke plikt... |
| 2025-12-31 | report | Deferred tax | The company does not recognise its deferred tax asset (NOK 508 620) because it applies the small-entity exemption. — Selskapet balansefor... |
| 2025-12-31 | report | Other | The company's investments consist of shares and convertible loans, carried at cost including transaction costs and written down only for ... |
| 2025-12-31 | report | Other | The company operates fund management activity and is located in Oslo municipality. — Propagator Partner Invest AS er et selskap der virks... |
Skiwo · company_events