AS · est 2022BergenParent · 1 subsidiarywas NFH 221185 AS →2023
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 | Daniel Rygg Multiple boards | 2024-08-28 | |
| Styrets leder | Nils Erik Joachim Høegh-Krohn Multiple boards | 2024-01-08 | |
| Styremedlem | Peter Ulrik Hammerich Multiple boards | 2024-01-08 | |
| Styremedlem | Henning Fredriksen | 2024-01-08 |
NOK, amounts in thousands
| 2024 | 2025 | ||
|---|---|---|---|
| Revenue | 22 129 | 46 795 | |
| Operating result | 7 922 | 33 079 | |
| Result before tax | 8 612 | 34 402 | |
| Net result | 6 461 | 25 783 | |
| Total assets | 56 079 | 99 827 | |
| Equity | 51 598 | 78 979 |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| Revenue | 22 129 | 46 795 | |||||
| Operating result | 7 922 | 33 079 | |||||
| Result before tax | 8 612 | 34 402 | |||||
| Net result | 6 461 | 25 783 | |||||
| Total assets | 56 079 | 99 827 | |||||
| Equity | 51 598 | 78 979 |
Regnskapsregisteret · company_revenue · FY2025 (company)
register ledger · money
| 2026-06-23 | reg | field_change: kapital | {"antallAksjer": 8783556, "belop": 878355.6, "innfortDato": "2026-03-03", "type": "Aksjekapital", "valuta": "NOK"} -> {"antallAksjer": 93... |
| 2026-05-26 | reg | accounts_filed: sisteInnsendteAarsregnskap | 2024 -> 2025 |
| 2024 | 2025 | ||
|---|---|---|---|
| NYTT FORETAK AS | — | — | — |
| TURNSTONE AS | 8 | 5 | — |
| AEGERTER AS | 16 | 14 | — |
| DR INVEST AS | 7 | 5 | — |
| HEF INVEST AS | 4 | 3 | — |
| AQUILON CAPITAL AS | 4 | 3 | — |
| BETH INVEST AS | 3 | 2 | — |
| IMBER INVEST AS | 1 | 1 | — |
| POL AS | — | 0 | — |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| NYTT FORETAK AS | — | — | 100 | — | — | — | — |
| TURNSTONE AS | — | — | — | 18 | 8 | 5 | — |
| AEGERTER AS | — | — | — | 18 | 16 | 14 | — |
| DR INVEST AS | — | — | — | 9 | 7 | 5 | — |
| HEF INVEST AS | — | — | — | 5 | 4 | 3 | — |
| AQUILON CAPITAL AS | — | — | — | 5 | 4 | 3 | — |
| BETH INVEST AS | — | — | — | 4 | 3 | 2 | — |
| IMBER INVEST AS | — | — | — | 2 | 1 | 1 | — |
| POL AS | — | — | — | — | — | 0 | — |
Aksjonærregisteret · company_ownership · 2025 · both directions
register ledger · owners
| 2023-12-31 | own+ | TURNSTONE AS acquired 26.9 pct | |
| 2023-12-31 | own+ | AQUILON CAPITAL AS acquired 8.6 pct | |
| 2023-12-31 | own+ | BETH INVEST AS acquired 6.6 pct | |
| 2023-12-31 | own+ | AEGERTER AS acquired 28.7 pct | |
| 2023-12-31 | own+ | DR INVEST AS acquired 16.3 pct | |
| 2023-12-31 | own+ | HEF INVEST AS acquired 9.4 pct | |
| 2023-12-31 | own− | NYTT FORETAK AS exited (held 100.0 pct) |
| 2024 | 2025 | 2026 | |
|---|---|---|---|
| auditor ERNST & YOUNG AS 2026-06-23 | ● | ||
| accountant STATEMENT AS 2026-06-23 | ● |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|
| auditor ERNST & YOUNG AS 2026-06-23 | ● | ||||||
| accountant STATEMENT 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
Web · company_sites
Group revenue kr 46.8MGroup net kr 25.8MTenders won 0Rolled up across the parent + 1 subsidiary — Turnstone Private Equity Fund Iv AS alone is —.
rollup estimate · filed konsernregnskap not yet in Intelligo
| Turnstone Private Equity Fund Iv AS | 100% | Other investment companies, except captive companies | |
| Turnstone Private Equity Fund i AS | 1.5% | ||
| Turnstone Private Equity Fund Ii AS | 1.3% | ||
| Turnstone Private Equity Fund Iii AS | 1.3% |
Aksjonærregisteret · company_ownership · 2025 · both directions
| Company | Stake | Revenue | Result | Emp | Last event |
| TURNSTONE PRIVATE EQUITY FUND IV AS | 100% | — | — | — | reg · 2026-08-13 |
| TURNSTONE IV INVEST I AS via 1 layer | 100% | — | — | — | reg · 2026-07-28 |
Aksjonærregisteret edges · portfolio_edges · latest cap table
Portfolio timeline2 companies
| 2026-08-13 | reg | TURNSTONE PRIVATE EQUITY FUND IV AS — capital_change: share_capital | 4446121.53 -> 4890733.68 |
| 2026-07-28 | reg | TURNSTONE IV INVEST I AS — accounts_filed: last_annual_accounts_year | 2025 |
| 2026-07-28 | reg | TURNSTONE PRIVATE EQUITY FUND IV AS — accounts_filed: last_annual_accounts_year | 2025 |
| 2026-07-08 | reg | TURNSTONE PRIVATE EQUITY FUND IV AS — field_change: vedtektsdato | 2026-03-05 -> 2026-04-15 |
| 2026-07-08 | reg | TURNSTONE IV INVEST I AS — field_change: vedtektsdato | 2026-03-26 -> 2026-05-21 |
| 2026-07-08 | reg | TURNSTONE IV INVEST I AS — field_change: kapital | {"antallAksjer": 3000, "belop": 30300.0, "innfortDato": "2026-05-18", "type": "Aksjekapital", "valuta": "NOK"} -> {"antallAksjer": 3000, ... |
| 2026-07-08 | reg | TURNSTONE PRIVATE EQUITY FUND IV AS — field_change: kapital | {"antallAksjer": 308797976, "belop": 3087979.76, "innfortDato": "2026-05-18", "type": "Aksjekapital", "valuta": "NOK"} -> {"antallAksjer"... |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Staff numbers | The company had 0 man-years in 2025 and no loans or security were granted in favour of senior personnel. — arsverk i 2025 er 0. Det er ik... |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Loan or financing | The company has entered into a credit facility agreement with Danske Bank with a limit of EUR 37.8 million. — Selskapet har inngatt en av... |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Pledge or guarantee | EUR 4.26 million was drawn on the facility at 31.12.2025 including accrued interest and fees, secured by the investors' remaining uncalle... |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Other | Investors had remaining uncalled committed capital of EUR 308.8 million at 31.12.2025 (off-balance-sheet obligation). — Selskapets invest... |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Post balance sheet event | The company made its first capital call from shareholders in March 2026 of EUR 55 580 966. — forte forste kapitalinnkalling fra sine aksj... |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Related party | Short-term intra-group debt of EUR 5 715 587 is recorded in current liabilities. — Konserngjeld 5 715 587 1954 |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Other | The company has taken out directors' liability insurance. — Selskapet har tegnet styreansvarsforsikring. |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Other | The company was incorporated 12.03.2025 and this is its first annual financial statement. — Selskapet ble stiftet 12.03.2025 og avlegger ... |
| 2025-12-31 | report | TURNSTONE IV INVEST I AS — Audit opinion | Ernst & Young AS issued an unmodified audit opinion on the 2025 financial statements, signed in Bergen on 27 May 2026 by state authorised... |
| 2025-12-31 | report | TURNSTONE IV INVEST I AS — Audit opinion | The auditor concludes that the financial statements comply with applicable statutory requirements. — oppfyller arsregnskapet gjeldende lo... |
| 2025-12-31 | report | TURNSTONE IV INVEST I AS — Ownership | The company is a subsidiary of Turnstone Private Equity Fund IV AS. — Selskapet er et datterselskap av Turnstone Private Equity Fund IV A... |
| 2025-12-31 | report | TURNSTONE IV INVEST I AS — Share capital | Equity at 31 December 2025 consists of share capital of 2 573, other paid-in capital of -857 and uncovered loss, totalling 901 (EUR). — P... |
| 2025-12-31 | report | TURNSTONE IV INVEST I AS — Staff numbers | The company had no payroll or personnel costs in 2025 and no such obligations. — Selskapet har ike hatt lnns eller personalkostnader i 20... |
| 2025-12-31 | report | TURNSTONE IV INVEST I AS — Related party | No loans or security have been granted in favour of senior personnel. — Det er ikke gitt lan eller stilt sikkerhet til fordel for ledende... |
| 2025-12-31 | report | TURNSTONE IV INVEST I AS — Other | The company was incorporated on 11 November 2025 and this is its first annual financial statement. — 11.11.2025 og avlegger med dette sit... |
| 2025-12-31 | report | TURNSTONE IV INVEST I AS — Other | The financial statements are presented in EUR, with monetary items in other currencies measured at the balance sheet date rate. — Arsregn... |
| 2025-12-31 | report | TURNSTONE IV INVEST I AS — Related party | The company's only asset is an intra-group receivable of 1 716 EUR. — Konsernfordringer Fordringer 1716 |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Audit opinion | Ernst & Young AS issued an unmodified opinion stating the annual accounts comply with applicable statutory requirements. — oppfyller arsr... |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Going concern | The board confirms the going concern assumption is in place and the accounts are prepared on that basis. — I samsvar med regnskapslovens ... |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Going concern | Note 6 states the company had lost its equity at 31.12.2025 but capital increases of EUR 80 200 544 were called in by April 2026, so goin... |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Share capital | Share capital is EUR 2 584 with negative other paid-in capital of EUR -861 and accumulated loss of EUR -2 285 208, giving total equity of... |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Subsidiary | The company owns 100% of the subsidiary Turnstone IV Invest I AS registered in Norway and prepares no consolidated accounts. — Selskapet ... |
| 2025-12-31 | report | TURNSTONE PRIVATE EQUITY FUND IV AS — Remuneration | Total salary and other remuneration to employees of the manager Turnstone Alternative Investments AS was NOK 19 360 725 for 2025 includin... |
Skiwo · company_events
FY2025audit: No reservationsErnst & Young ASDividend kr 29.9M5 full-time equivalentssigned: Nils Erik Joachim Hoegh-Krohn, Peter Ulrik Hammerich, Henning Fredriksen, Daniel Rygg
Regnskapsregisteret (årsberetning) · company_annual_reports
13 notes from the report
| Audit opinion | Ernst & Young AS issued an audit report on the 2025 financial statements of Turnstone Private Equity AS. | “Vihar revidert arsregnskapet for TurnstonePrivate Equity AS som bestar avbalanse per 31. desember” |
| Audit opinion | The auditor states the audit evidence obtained is sufficient and appropriate as a basis for the conclusion, with no qualification. | “Innhentet revisjonsbevis er etter var vurdering tilstrekkelig og hensiktsmessig som grunnlag forvar” |
| Staff numbers | The company employed 5 full-time equivalents during the financial year. | “Antall arsverksysselsatt iregnskapsaret:” |
| Dividend | Additional dividend of NOK 15 030 000 plus repayment of previously paid-in capital of NOK 14 850 000 was distributed during the year, NOK 29 880 000 in total. | “Tilleggsutbytte - tilbakebetaling tidligere inskutt kapital” |
| Share capital | Equity at 31.12.2025 consists of share capital 797 484, share premium 64 100 926, other paid-in capital -5 570 and retained earnings 14 085 785, total 78 978 625. | “Egenkapital 31.12.2025 797 484 64 100 926 -5 570 14 085 785 78 978 625” |
| Subsidiary | The company owns 100% of Turnstone Private Equity Fund IV AS, located in Oslo. | “Turnstone Private Equity Fund IV AS Oslo 100,00%” |
| Subsidiary | No consolidated accounts are prepared because the group as a whole qualifies as a small entity. | “Selskapetutarbeiderikkekonsernregnskap,dakonsernet som helhetfallerinn underreglene forsma foretak.” |
| Related party | Note 8 discloses intercompany balances with group companies, including receivables and NOK 10 081 283 of other short-term intercompany debt. | “Note8-Mellomvaerendemedselskapisammekonsern” |
| Pledge or guarantee | Note 9 on loans and security provided to management, owners and related parties is presented without any amounts disclosed. | “Note9-Lanogsikkerhetsstillelsetil ledendepersoner,eieremedvidere” |
| Deferred tax | Deferred tax is calculated at 25% on temporary differences; deferred tax asset is not capitalised under the small-entity rules; deferred tax liability is NOK 5 877 at year end. | “reglene for sma foretak,og utsatt skattefordel er derfor ikkebalansefort.” |
| Other | The company has NOK 85 726 813 of remaining uncalled commitments to private equity funds at 31.12.2025. | “Selskapet har per 31.12.2025 gjenvaerende ikke-betalte kommiteringeri forbindelse med investeringeri private” |
| Remuneration | Total payroll cost was NOK 11 617 335 in 2025 (2024: 12 081 651), including pension cost of NOK 192 372. | “Spesifikasjon avlonnskostnader Lonn 9442 975 2025 9697 886 2024” |
| Other | Insured pension obligations are not capitalised; the cost equals the premium, and leases are not capitalised. | “Forsikret pensjonsforpliktelse er ikke balansefort - kostnaden er lik premien. Leieavtaler er ikke balansefort.” |
capital kr 939kregistered 2022-12-21
Brreg · companies
register ledger · 25 events
| 2026-08-12 | reg | capital_change: share_capital | 938692.2 -> 1139796 |
| 2026-08-12 | reg | capital_change: number_of_shares | 9386922 -> 11397960 |
| 2026-06-23 | reg | field_change: kapital | {"antallAksjer": 8783556, "belop": 878355.6, "innfortDato": "2026-03-03", "type": "Aksjekapital", "valuta": "NOK"} -> {"antallAksjer": 93... |
| 2026-06-23 | reg | field_change: vedtektsdato | 2026-01-07 -> 2026-03-09 |
| 2026-05-26 | reg | accounts_filed: sisteInnsendteAarsregnskap | 2024 -> 2025 |
| 2025-12-31 | report | Audit opinion | Ernst & Young AS issued an audit report on the 2025 financial statements of Turnstone Private Equity AS. — Vihar revidert arsregnskapet f... |
| 2025-12-31 | report | Audit opinion | The auditor states the audit evidence obtained is sufficient and appropriate as a basis for the conclusion, with no qualification. — Innh... |
| 2025-12-31 | report | Staff numbers | The company employed 5 full-time equivalents during the financial year. — Antall arsverksysselsatt iregnskapsaret: |
| 2025-12-31 | report | Dividend | Additional dividend of NOK 15 030 000 plus repayment of previously paid-in capital of NOK 14 850 000 was distributed during the year, NOK... |
| 2025-12-31 | report | Share capital | Equity at 31.12.2025 consists of share capital 797 484, share premium 64 100 926, other paid-in capital -5 570 and retained earnings 14 0... |
| 2025-12-31 | report | Subsidiary | The company owns 100% of Turnstone Private Equity Fund IV AS, located in Oslo. — Turnstone Private Equity Fund IV AS Oslo 100,00% |
| 2025-12-31 | report | Subsidiary | No consolidated accounts are prepared because the group as a whole qualifies as a small entity. — Selskapetutarbeiderikkekonsernregnskap,... |
| 2025-12-31 | report | Related party | Note 8 discloses intercompany balances with group companies, including receivables and NOK 10 081 283 of other short-term intercompany de... |
| 2025-12-31 | report | Pledge or guarantee | Note 9 on loans and security provided to management, owners and related parties is presented without any amounts disclosed. — Note9-Lanog... |
| 2025-12-31 | report | Deferred tax | Deferred tax is calculated at 25% on temporary differences; deferred tax asset is not capitalised under the small-entity rules; deferred ... |
| 2025-12-31 | report | Other | The company has NOK 85 726 813 of remaining uncalled commitments to private equity funds at 31.12.2025. — Selskapet har per 31.12.2025 gj... |
| 2025-12-31 | report | Remuneration | Total payroll cost was NOK 11 617 335 in 2025 (2024: 12 081 651), including pension cost of NOK 192 372. — Spesifikasjon avlonnskostnader... |
| 2025-12-31 | report | Other | Insured pension obligations are not capitalised; the cost equals the premium, and leases are not capitalised. — Forsikret pensjonsforplik... |
| 2023-12-31 | own+ | TURNSTONE AS acquired 26.9 pct | |
| 2023-12-31 | own+ | AQUILON CAPITAL AS acquired 8.6 pct | |
| 2023-12-31 | own+ | BETH INVEST AS acquired 6.6 pct | |
| 2023-12-31 | own+ | AEGERTER AS acquired 28.7 pct | |
| 2023-12-31 | own+ | DR INVEST AS acquired 16.3 pct | |
| 2023-12-31 | own+ | HEF INVEST AS acquired 9.4 pct | |
| 2023-12-31 | own− | NYTT FORETAK AS exited (held 100.0 pct) |
Skiwo · company_events