HitecVision

Equities

HITV

NO0010272503

Investment Management & Fund Operators

End-of-day quote Norwegian OTC Other stock markets 23:00:00 01/05/2024 BST			5-day change	1st Jan Change
230 ^NOK	0.00%		0.00%	+15.00%

03-27	Aneo Renewables Holding AS, St1 Nordic Oy and HitecVision New Energy Fund AS managed by HitecVision AS completed the acquisition of the remaining stake in Biokraft International AB (OM:BIOGAS).	CI
02-02	Aneo Renewables Holding AS, St1 Nordic Oy and HitecVision New Energy Fund AS managed by HitecVision AS made an mandatory cash tender offer to acquire the remaining stake in Biokraft International AB (OM:BIOGAS) for SEK 400 million.	CI

HitecVision AS Reports Earnings Results for the Full Year Ended December 31, 2022

March 22, 2023

HitecVision AS reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was NOK 350.26 million compared to NOK 266.56 million a year ago. Revenue was NOK 1,212.85 million compared to NOK 408.68 million a year ago.

Net income was NOK 853.63 million compared to NOK 153.97 million a year ago.

Latest news about HitecVision

Aneo Renewables Holding AS, St1 Nordic Oy and HitecVision New Energy Fund AS managed by HitecVision AS completed the acquisition of the remaining stake in Biokraft International AB (OM:BIOGAS).	03-26	CI
Aneo Renewables Holding AS, St1 Nordic Oy and HitecVision New Energy Fund AS managed by HitecVision AS made an mandatory cash tender offer to acquire the remaining stake in Biokraft International AB (OM:BIOGAS) for SEK 400 million.	02-01	CI
HitecVision Reportedly Plans to Sell Sval Energi	01-19	CI
Norway's HitecVision sells oil service firm to UK's McIntyre Partners	01-08	RE
Cadre A.S. announced that it has received funding from HitecVision AS	12-30	CI
Eni exploring sale of stake in bioplastic maker Novamont, source says	12-15	RE
Eni Reportedly Exploring Sale of Stake in Novamont	12-14	CI
Global markets live: GM, Ford, Stellantis, Microsoft, McDonald's...	22/09/23
Var Energi Shares Drop After Major Shareholder Reduces Stake	22/09/23	DJ
HitecVision sells 6.3% stake in Vaar for $423 mln	22/09/23	RE
HitecVision AS Reports Earnings Results for the Half Year Ended June 30, 2023	21/09/23	CI
Vargronn, Energia Renewables to Jointly Develop Two Wind Projects in Ireland	01/08/23	DJ
Vaar Energi Q2 operating profit declines more than expected	25/07/23	RE
Eni, Vaar agree to buy Neptune Energy in $4.9 billion deal	23/06/23	RE
Eni, Vaar agree to buy Neptune Energy in $4.9 bln deal	23/06/23	RE
Eni discussing low-carbon unit stake sale with Switzerland's EIP - sources	21/06/23	RE
Vaar Energi maintains dividend after Q1 operating profit falls	24/04/23	RE
HitecVision AS Reports Earnings Results for the Full Year Ended December 31, 2022	22/03/23	CI
Certain Shares of Vår Energi AS are subject to a Lock-Up Agreement Ending on 11-FEB-2023.	10/02/23	CI
Eni Reportedly Discussing Green Unit Stake Sale with Norwegian Fund	01/02/23	CI
Patrick Joy acquired additional 67.7% stakes in Suretank Group Ltd. from HitecVision VI managed by HitecVision AS.	25/01/23	CI
Norway awards 47 oil and gas exploration permits	10/01/23	RE
Hafslund Oslo Celsio AS announced that it has received funding from HitecVision AS	22/11/22	CI
Norwegian battery startup appoints oil industry veteran as CEO	21/11/22	RE
CARDE AS announced that it has received funding from HitecVision AS, Nordkraft AS	06/11/22	CI

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Company Profile

HitecVision AS is a Norway-based private equity firm. It provides capital and competence to growth companies in the oil and gas sector. The Firm manages three private equity funds with a total committed capital base of USD 1.4 billion. Its investor base comprises Norwegian and international financial institutions, pension funds, fund-of-funds, endowments and family offices. Over 50% of the capital in its latest funds is committed by investors outside of Norway. It has acquired, invested in or established more than 100 companies, exited over 70, and listed seven companies. Its portfolio companies are technology companies supplying advanced solutions and services to the oil and gas sector; independent oil companies; and traditional oil service businesses. It is a member of the Norwegian Venture Capital Association (NVCA). In August 2013, the Company acquired a 67% interest in Suretank Group Ltd, a Dunleer-based manufacturer of cargo containers.

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Sector Private Equity

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