Commercial Credit Report for Hitecvision AS

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	Hitecvision AS
Jattavagveien 7
Phone: +47 51202020p:+47 51202020	STAVANGER, 4020 Norway	Ticker: HITVHITV

Business Summary

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.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
-	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	12/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
6799	Investors, not elsewhere classified

Officers and Directors

Title	Name	Age	Title Date	Start Date
Chairman of the Board	ToreGjedebo	43
Chief Executive Officer, Founding Partner, Member of Group Management, Director	OleErtvaag	54	1/1/2014	1/1/2014
Deputy Chief Executive Officer, Senior Partner, Member of Group Management	Pal M.Reed
10 additional Officers and Directors records available in full report.

Subsidiaries

Business Name	Address	City	State/Province	Country
Rocksource ASA	Thormohlensgate 53 D	Bergen		Norway

Business Names

Business Name
CIECO EXPLORATION & PRODUCTION (UK) LIMITED
HITV
Pure E&P AS
Pure E&P Norway AS
Rocksource ASA

General Information

Number of Employees:	64	(As of 12/31/2023)
Outstanding Shares:	18,967,318	(As of 12/31/2023)
Shareholders:	192
Stock Exchange:	NFF

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