Hovedselskapets
Hovedselskapet, or the parent company, is the top-level company in a corporate group that owns one or more subsidiary companies. It holds a controlling interest in its subsidiaries and often consolidates their financial results with the group’s accounts. The parent provides strategic direction, capital allocation, and governance for the entire group, while subsidiaries focus on operational activities in their respective markets or business lines.
The parent company establishes the overall strategy, approves major investments, and allocates resources across the group.
Control is usually achieved by owning a majority of voting shares or through contractual arrangements that
Legal and financial implications
In consolidation, the parent’s accounts reflect the subsidiaries’ results, with intercompany transactions eliminated. While the parent
See also: corporate group, holding company, parent-subsidiary relationship.