AS · est 2021StavangerParent · 1 subsidiarywas HV NEF INVEST ROMEO II AS →2022
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
4 registered roles
| Daglig leder | Anders Birkeland Garneng | 2025-10-31 | |
| Styrets leder | Pål Magnus Reed Multiple boards New CEO | 2026-05-13 | |
| Styremedlem | Jon Vatnaland Multiple boards | 2026-05-13 | |
| Styremedlem | Kari Ekelund Thørud Multiple boards | 2026-05-13 |
NOK, amounts in thousands
filed group accounts (konsernregnskap)
| 2024 | 2025 | ||
|---|---|---|---|
| Revenue | |||
| Operating result | −2 620 | −2 333 | |
| Result before tax | 1 211 | −2 130 | |
| Net result | 1 211 | −2 130 | |
| Total assets | 2 798 356 | 2 875 620 | |
| Equity | 1 514 097 | 1 588 738 |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Operating result | −2 620 | −2 333 | |||||
| Result before tax | 1 211 | −2 130 | |||||
| Net result | 1 211 | −2 130 | |||||
| Total assets | 2 798 356 | 2 875 620 | |||||
| Equity | 1 514 097 | 1 588 738 |
| 2024 | 2025 | ||
|---|---|---|---|
| Revenue | |||
| Operating result | −5 340 | −4 691 | |
| Result before tax | −90 578 | −160 957 | |
| Net result | −90 578 | −160 957 | |
| Total assets | 4 193 427 | 4 124 647 | |
| Equity | 1 196 687 | 1 113 562 |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Operating result | −5 340 | −4 691 | |||||
| Result before tax | −90 578 | −160 957 | |||||
| Net result | −90 578 | −160 957 | |||||
| Total assets | 4 193 427 | 4 124 647 | |||||
| Equity | 1 196 687 | 1 113 562 |
Regnskapsregisteret · company_revenue · FY2025 (company)
register ledger · money
| 2026-07-03 | reg | accounts_filed: sisteInnsendteAarsregnskap | 2024 -> 2025 |
| 2024 | 2025 | ||
|---|---|---|---|
| HITECVISION NEW ENERGY FUND AS | — | — | — |
| HV NEF INVEST ROMEO AS | 100 | 100 | — |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| HITECVISION NEW ENERGY FUND AS | — | 100 | — | — | — | — | — |
| HV NEF INVEST ROMEO AS | — | — | 100 | 100 | 100 | 100 | — |
Ownership chain · ultimate → thisHV CAPITAL NEF AS 100% →HITECVISION NEW ENERGY FUND AS 100% →HV NEF INVEST ROMEO AS 100% →self
Aksjonærregisteret · company_ownership · 2025 · both directions
register ledger · owners
| 2022-12-31 | own+ | HV NEF INVEST ROMEO AS acquired 100.0 pct | |
| 2022-12-31 | own− | HITECVISION NEW ENERGY FUND AS exited (held 100.0 pct) |
| 2024 | 2025 | 2026 | |
|---|---|---|---|
| auditor DELOITTE AS 2026-06-23 | ● | ||
| accountant VIEW GROUP AS 2026-06-23 | ● |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|
| auditor DELOITTE AS 2026-06-23 | ● | ||||||
| accountant VIEW GROUP AS 2026-06-23 | ● |
Brreg · company_org_roles
No recorded tender wins.
Relevant open tenders — matched · NACE 00.000 ↔ 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
| HV Celsio Invest Ii AS | 100% |
Aksjonærregisteret · company_ownership · 2025 · both directions
FY2025audit: No reservationsDeloitte AS0 full-time equivalentssigned: Pal Magnus Reed, Jon Vatnaland, Kari Ekelund Thorud, Anders Birkeland Garneng
Regnskapsregisteret (årsberetning) · company_annual_reports
20 notes from the report
| Going concern | The Brreg note form answers 'No' to whether there is uncertainty about going concern. | “Er det usikkerhet om fortsatt drift?: Nei” |
| Going concern | The board confirms the accounts are prepared on a going concern basis under the Accounting Act § 4-5. | “In accordance with the Accounting Act § 4-5, we confirm that the financial statements have been prepared” |
| Audit opinion | Deloitte AS issues an unmodified opinion on both the parent company and group financial statements. | “the financial statements complywith applicable statutoryrequirements,” |
| Staff numbers | The company has no employees; average number of employees is zero and 0.00 man-years are reported. | “The Company has no employees. The board consists of two men and one woman.” |
| Ownership | HV NEF Invest Romeo AS owns 100% of the shares in the company. | “HV NEF Invest Romeo AS is the sole shareholder of the Company,holding 100% of the ordinary shares.” |
| Share capital | Share capital increased during 2025 with NOK 76 534 000 of equity proceeds received (share capital NOK 80 000 at year end, plus unregistered capital increase NOK 40 152 430). | “Proceeds from equity Paid interest -74 130 114 76 534 000 -70 969 882 78 959 160” |
| Remuneration | The general manager received salary of NOK 95 196 and other remuneration of NOK 1 500 000. | “Board of Directors General Manager 95 196 o 1500 000” |
| Remuneration | No loans or guarantees have been granted to members of the Board of Directors. | “and no guarantees have been issued to any member of the Board of Directors.” |
| Pledge or guarantee | Debt to credit institutions of NOK 1 275 160 685 is secured by pledged shares. | “Debt secured by shares 1 275 160 685 1 269 992 424” |
| Related party | The parent has a receivable of NOK 1 479 891 196 on group company HV Celsio Invest II AS. | “HV Celsio Invest II AS 1 479 891 196 1 399 359 557” |
| Subsidiary | The company owns 100% of HV Celsio Invest II AS (Stavanger), booked at NOK 1 383 610 122 with 2025 result of NOK -93 237. | “HV Celsio Invest II AS Stavanger 100% -93 237 1 374 704 125 1383 610 122” |
| Other | The group holds, through HV Celsio Holding AS, a 20% interest in Hafslund Celsio AS accounted for by the equity method. | “*The Group, thuough HV Cetsio Holking AS holds a 20% irterest in Hafslund Celsio AS, which is Nonway's largest central heating producer and operales in” |
| Dividend | The group received NOK 80 000 000 in dividend from its associated company in 2025 (NOK 110 000 000 in 2024); no dividend is proposed by the company itself. | “Dividend received from associated companies Investments in associated companies 80 000 000” |
| Deferred tax | No deferred tax asset is recognised in the parent company balance sheet. | “Deferred tax not included in the balance sheet.” |
| Deferred tax | In the group, deferred tax is not recognised because of uncertainty over recoverability of accumulated tax losses. | “Deferred tax has not been recognized in the balance sheet due to uncertanty related to recoverabity of the losses.” |
| Impairment | An impairment test of the investment in the associate was performed at year end and showed significant headroom, so no write-down was required. | “An impairment test was performeod as at yoar end.” |
| Loan or financing | Foreign exchange losses in the group stem mainly from the EUR 100.4 million loan. | “The foreign exchange losses mostly relate to the EUR 100.4 million loan.” |
| Loan or financing | The group reports it was not in breach of any loan covenants at the measurement date. | “The Group ws not in breech of anycverants as at 30.06.03.” |
| Other | A Directors & Officers insurance is in place covering liability for third-party financial loss caused by directors, officers or employees. | “The Company has a Directors & Officers Insurance in place which covers liability for financial loss of third” |
| Other | Net loss for 2025 was NOK -2 129 946 against a 2024 profit of NOK 1 211 162, and the equity ratio at 31.12.2025 was 55.25%. | “this years' loss is transferred from other equity. Equity ratio as of 31.12.2025 is 55.25 %.” |
registered 2022-01-10
Brreg · companies
register ledger · 23 events
| 2026-07-03 | reg | accounts_filed: sisteInnsendteAarsregnskap | 2024 -> 2025 |
| 2025-12-31 | report | Going concern | The Brreg note form answers 'No' to whether there is uncertainty about going concern. — Er det usikkerhet om fortsatt drift?: Nei |
| 2025-12-31 | report | Going concern | The board confirms the accounts are prepared on a going concern basis under the Accounting Act § 4-5. — In accordance with the Accounting... |
| 2025-12-31 | report | Audit opinion | Deloitte AS issues an unmodified opinion on both the parent company and group financial statements. — the financial statements complywith... |
| 2025-12-31 | report | Staff numbers | The company has no employees; average number of employees is zero and 0.00 man-years are reported. — The Company has no employees. The bo... |
| 2025-12-31 | report | Ownership | HV NEF Invest Romeo AS owns 100% of the shares in the company. — HV NEF Invest Romeo AS is the sole shareholder of the Company,holding 10... |
| 2025-12-31 | report | Share capital | Share capital increased during 2025 with NOK 76 534 000 of equity proceeds received (share capital NOK 80 000 at year end, plus unregiste... |
| 2025-12-31 | report | Remuneration | The general manager received salary of NOK 95 196 and other remuneration of NOK 1 500 000. — Board of Directors General Manager 95 196 ... |
| 2025-12-31 | report | Remuneration | No loans or guarantees have been granted to members of the Board of Directors. — and no guarantees have been issued to any member of the ... |
| 2025-12-31 | report | Pledge or guarantee | Debt to credit institutions of NOK 1 275 160 685 is secured by pledged shares. — Debt secured by shares 1 275 160 685 1 269 992 424 |
| 2025-12-31 | report | Related party | The parent has a receivable of NOK 1 479 891 196 on group company HV Celsio Invest II AS. — HV Celsio Invest II AS 1 479 891 196 1 399 ... |
| 2025-12-31 | report | Subsidiary | The company owns 100% of HV Celsio Invest II AS (Stavanger), booked at NOK 1 383 610 122 with 2025 result of NOK -93 237. — HV Celsio Inv... |
| 2025-12-31 | report | Other | The group holds, through HV Celsio Holding AS, a 20% interest in Hafslund Celsio AS accounted for by the equity method. — *The Group, thu... |
| 2025-12-31 | report | Dividend | The group received NOK 80 000 000 in dividend from its associated company in 2025 (NOK 110 000 000 in 2024); no dividend is proposed by t... |
| 2025-12-31 | report | Deferred tax | No deferred tax asset is recognised in the parent company balance sheet. — Deferred tax not included in the balance sheet. |
| 2025-12-31 | report | Deferred tax | In the group, deferred tax is not recognised because of uncertainty over recoverability of accumulated tax losses. — Deferred tax has not... |
| 2025-12-31 | report | Impairment | An impairment test of the investment in the associate was performed at year end and showed significant headroom, so no write-down was req... |
| 2025-12-31 | report | Loan or financing | Foreign exchange losses in the group stem mainly from the EUR 100.4 million loan. — The foreign exchange losses mostly relate to the EUR ... |
| 2025-12-31 | report | Loan or financing | The group reports it was not in breach of any loan covenants at the measurement date. — The Group ws not in breech of anycverants as at 3... |
| 2025-12-31 | report | Other | A Directors & Officers insurance is in place covering liability for third-party financial loss caused by directors, officers or employees... |
| 2025-12-31 | report | Other | Net loss for 2025 was NOK -2 129 946 against a 2024 profit of NOK 1 211 162, and the equity ratio at 31.12.2025 was 55.25%. — this years'... |
| 2022-12-31 | own+ | HV NEF INVEST ROMEO AS acquired 100.0 pct | |
| 2022-12-31 | own− | HITECVISION NEW ENERGY FUND AS exited (held 100.0 pct) |
Skiwo · company_events