Notes
Note 6 – Investments in subsidiaries and associated companies
| Company | Year acquired | Business office | Ownership interest | Voting rights | Cost price of shareholding | Bokført verdi |
|---|---|---|---|---|---|---|
| Subsidiaries | ||||||
| Norske Spill AS | 2009 | Hamar | 100 % | 100 % | 1 | 1 |
| Total subsidiaries | 1 | 1 | ||||
| Associated companies | ||||||
| Buypass AS | 2006/2009/2011 | Oslo | 50 % | 50 % | 32 | 32 |
| Lotteries Entertainment Innovation Alliance AS | 2018 | Hamar | 25 % | 25 % | 1 | 1 |
| Total associated companies | 34 | 34 | ||||
| Total | 34 | 34 |
Pursuant to section 3-8, paragraph two, of the Accounting Act, the subsidiary has not been consolidated into Norsk Tipping AS’s accounts. The reason for excluding the companies from consolidation is that they are of no relevance when assessing the Group’s financial position or performance.
The annual accounts for Norske Spill AS have not been reported.
The annual accounts for Buypass have not been reported, but provisional accounts for Buypass AS show a profit of NOK 23 million and equity of NOK 183 million. No dividends were recognised as income in 2020.
The company Lotteries Entertainment Innovation Alliance AS was founded on 1 October 2018. The company was established as a joint venture in cooperation with three other publicly owned gaming companies. In 2019, the company reported a profit of NOK 55,000 and equity of NOK 6.1 million.