About: Nevi (company)

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An Entity of Type : yago:WikicatDefunctCompaniesOfNorway, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)
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Nevi was a Bergen, Norway-based financial company. Owned by Vital, it experienced a rapid growth during the 1980s, before nearly going bankrupt and being taken over by Bergen Bank in 1988. The company experienced a boom starting in 1980, when it had total assets of 1.4 billion Norwegian krone (NOK). By 1982 it had reached NOK 3.5 billion, by 1984 NOK 8.5 billion, and peaked at NOK 15.9 billion in 1986. The company established itself in Denmark in 1982 and bought in 1984. The following year it established the subsidiary Sleipnir UK and bought the British , and bought the Danish stock broker firm After profits from 1980 through 1985, the company started having losses in 1986. In 1987 the company lost large sums in the bankruptcy of , then the company closed its operations in Britain and th

Attributes	Values
rdf:type	yago:WikicatCompaniesBasedInBergen yago:WikicatCompaniesDisestablishedIn1988 yago:WikicatCompaniesWithYearOfEstablishmentMissing yago:Abstraction100002137 yago:Company108058098 yago:Group100031264 yago:Institution108053576 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity yago:SocialGroup107950920 yago:WikicatDefunctCompaniesOfNorway
rdfs:label	Nevi (company) (en)
rdfs:comment	Nevi was a Bergen, Norway-based financial company. Owned by Vital, it experienced a rapid growth during the 1980s, before nearly going bankrupt and being taken over by Bergen Bank in 1988. The company experienced a boom starting in 1980, when it had total assets of 1.4 billion Norwegian krone (NOK). By 1982 it had reached NOK 3.5 billion, by 1984 NOK 8.5 billion, and peaked at NOK 15.9 billion in 1986. The company established itself in Denmark in 1982 and bought in 1984. The following year it established the subsidiary Sleipnir UK and bought the British , and bought the Danish stock broker firm After profits from 1980 through 1985, the company started having losses in 1986. In 1987 the company lost large sums in the bankruptcy of , then the company closed its operations in Britain and th (en)
dcterms:subject	Companies with year of establishment missing 1988 disestablishments in Norway Companies based in Bergen Companies disestablished in 1988 Defunct companies of Norway
Wikipage page ID	33291931 (xsd:integer)
Wikipage revision ID	985620547 (xsd:integer)
Link from a Wikipage to another Wikipage	Money market Bergen Denmark United Kingdom Companies with year of establishment missing The Netherlands Bergen Bank 1988 disestablishments in Norway Companies based in Bergen Companies disestablished in 1988 Defunct companies of Norway Norway Norwegian krone Sweden Iceland Vital Forsikring dbr:Baltic_PLC dbr:Erik_Møller_Eftf. dbr:Staten_Bank_Holland dbr:VIP_Scandinavia
sameAs	Nevi (company) Nevi (company) Nevi (company) Nevi (company)
dbp:wikiPageUsesTemplate	dbt:Cite_book dbt:Reflist
has abstract	Nevi was a Bergen, Norway-based financial company. Owned by Vital, it experienced a rapid growth during the 1980s, before nearly going bankrupt and being taken over by Bergen Bank in 1988. The company experienced a boom starting in 1980, when it had total assets of 1.4 billion Norwegian krone (NOK). By 1982 it had reached NOK 3.5 billion, by 1984 NOK 8.5 billion, and peaked at NOK 15.9 billion in 1986. The company established itself in Denmark in 1982 and bought in 1984. The following year it established the subsidiary Sleipnir UK and bought the British , and bought the Danish stock broker firm After profits from 1980 through 1985, the company started having losses in 1986. In 1987 the company lost large sums in the bankruptcy of , then the company closed its operations in Britain and the Netherlands. That year the company had a loss of NOK 597.6 million. In 1988, it was Scandinavia's largest financing company with operations in Norway, Sweden, Denmark, Iceland and the Netherlands. It had a total assets of NOK 14 billion, half of which was short-term loans in the money market. To pay for the defaults, Vesta lent Nevi NOK 960 million in 1987 and 1988. This caused Vesta to stand at the verge of bankruptcy and to secure sufficient liquidity had to sell Nevi. Nevi was thus bought by the largest creditor, Bergen Bank, for NOK 1.5 billion, of fear of the losses they would have if the company file for bankruptcy. (en)
gold:hypernym	Bergen
prov:wasDerivedFrom	wikipedia-en:Nevi_(company)?oldid=985620547&ns=0
page length (characters) of wiki page	2427 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Nevi_(company)
is Link from a Wikipage to another Wikipage of	Bergen Aviation Bergen Bank Askøy Bridge Einar Falck Gunn Wærsted
is foaf:primaryTopic of	wikipedia-en:Nevi_(company)

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