09 CONSOLIDATED ANNUAL ACCOUNTS
NOTE 24 - INVESTMENTS IN ASSOCIATED COMPANIES CONSOLIDATED Investments in associates are accounted for under the equity method. These are investments of a strategic nature in companies in which the Group has significant influence by virtue of its ownership interest.
Visma AS has the following investments in associates:
Entity
Country
Registered Office
Ownership interest
SuperInvest AS - Group
Norway
Oslo
22,2 %
Carrying amount Investments and 31.12.2017 reductions
Total
Net profit (loss) 2018
Carrying amount 31.12.2018
Fair value
76 076
0
-3 050
73 026
73 026
76 076
0
-3 050
73 026
73 026
SuperInvest AS is an unlisted company, and fair value is based on the offer price when de-listed, adjusted for Visma’s share of net profit (loss). A summary of the financial information on the individual associated companies, based on 100% figures:
Entity
Assets
Liabilities
Equity
Revenues
Profit (loss) for the year
SuperInvest AS - Group*
543 515
217 839
325 676
416 166
9 483
Total
543 515
217 839
325 676
416 166
9 483
* Unaudited numbers 2018.
83