2025 · company↓ 29,8 % from 2024
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COMPANY CARD COMPANY
UPWAVE TECHNOLOGIES AS
Business reg. no. 918 835 881ASOSLOIndustry code 62.100
Computer programming activities
Equity ratio: Weak · -5 712,8 % (2025)
2025 · company↑ 1,4 million NOK from 2024
-10,5 % EBIT margin
RegisteredRegistry data 14.11.2026
FINANCIALS
Financial statements and key figures
Company financial statements
Amount in NOK
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Currency | NOK | NOK | NOK |
| Operating revenue | 989 459 | 1 408 504 | 1 806 316 |
| Operating profit | -104 143 | -1 524 467 | -1 367 260 |
| Net income | -141 510 | -1 642 606 | -1 435 503 |
| Equity | -1 907 891 | -1 767 667 | -631 716 |
| Total assets | 33 397 | 109 056 | 1 171 286 |
| EBIT margin | -10,5 % | -108,2 % | -75,7 % |
Indicators: equity / assets and EBIT / operating revenue. Midline is 0%, scale −100% to +100%. Not a credit assessment.
Show trend in NOK
↓ 29,8 % from 2024
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
↑ 1,4 million NOK from 2024
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
Sources and conversion basis
Companies and corporate groups are kept separate. The same historical annual exchange rate is used for income statement and balance sheet figures. Missing values are shown as “—”. Actual zero values are retained.
- 2025 · NOK · original-NOK · source version 07bf717ac686
- 2024 · NOK · original-NOK · source version c6f4c567bb47
- 2023 · NOK · original-NOK · source version 70d4d0340e2e
Expand for more financial statement items. We show items with information in at least one year. “—” means a value is missing for that year.
Income statement13 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating revenue | |||
| Total sales revenue | 366 264 | 1 430 497 | 2 407 518 |
| Total operating revenue | 989 459 | 1 408 504 | 1 806 316 |
| Operating expenses | |||
| Wage costs | 693 046 | 1 887 132 | 1 242 910 |
| Total operating expenses | 1 093 601 | 2 932 970 | 3 173 576 |
| Operating profit | |||
| Operating income (EBIT) | -104 143 | -1 524 467 | -1 367 260 |
| Financial income | |||
| Total finance income | 25 953 | 573 | 29 036 |
| Financial expenses | |||
| Other interest expense | 54 704 | 88 195 | 82 058 |
| Total finance costs | 63 320 | 118 713 | 97 279 |
| Net finance result | -37 367 | -118 140 | -68 244 |
| Results and tax | |||
| Income before tax | -141 510 | -1 642 606 | -1 435 503 |
| Tax expense on ordinary income | — | 0 | 0 |
| Net income | -141 510 | -1 642 606 | -1 435 503 |
| Total comprehensive income | — | -1 642 606 | -1 435 503 |
Balance sheet13 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Financial fixed assets | |||
| Total non-current assets | 16 892 | 17 004 | 537 504 |
| Current assets | |||
| Total receivables | 7 373 | 8 861 | 174 230 |
| Total investments | 0 | — | — |
| Total cash and cash equivalents | 9 132 | 83 191 | 459 551 |
| Total current assets | 16 505 | 92 052 | 633 781 |
| Total assets | 33 397 | 109 056 | 1 171 286 |
| Equity | |||
| Total paid-in equity | 13 871 308 | 13 871 308 | 13 364 653 |
| Total retained earnings | -15 779 199 | -15 638 975 | -13 996 369 |
| Total equity | -1 907 891 | -1 767 667 | -631 716 |
| Provisions and long-term liabilities | |||
| Total long-term liabilities | — | 750 000 | 900 000 |
| Current liabilities | |||
| Total current liabilities | 951 202 | 1 126 723 | 903 002 |
| Total liabilities | 1 941 288 | 1 876 723 | 1 803 002 |
| Total | |||
| Total equity and liabilities | 33 397 | 109 056 | 1 171 286 |
Executive salaryUnavailable
No information in the available financial statement data.
REGISTRY INFORMATION
Company at a glance
- Industry
- 62.100 · Computer programming activities Industry classification: Statistics Norway · CC BY 4.0
- Registered address
- Kristianiasvingen 64, 0782 OSLO
- Founded
- 27.03.2017
- Entity type
- Main entity
ADDRESS AND PROPERTY
Property information
Kristianiasvingen 64, 0782 OSLO
Companies at the same address
Available company cards
About the address match
Same registered street address, postal code, and municipality. This does not document ownership, tenancy, or who uses the building. The address match does not identify a specific unit or dwelling. Open information does not show titleholders, sale date, plot area, or a complete building overview.
REGISTERED ROLES
The people and companies behind it.
Search registered roles →Explore positions and documented connections.
| Name | Role | Source date |
|---|---|---|
| Christer HusstølBorn 1981 | General manager | 14.11.2026 |
| ACCOUNTERA ASView role record | Accountant | 14.11.2026 |
| Kjetil Johan Moløkken-ØstvoldBorn 1976 | Chair of the board | 14.11.2026 |
| Lasse SøbergBorn 1985 | Board member | 14.11.2026 |
| Anette Kristin Bø AndreassenBorn 1981 | Deputy board member | 14.11.2026 |
Source: Brønnøysund Register Centre. A registered role is not documentation of direct contact information.
YEAR-DATED OWNERSHIP
Reported shareholders.
Search shareholders →Find a shareholder and follow reported ownership entries.
As of 31 December 2025 · 10 of 27 available ownership entries
65,0 %displayed share of shares
- BEMASTEEN ASOrdinary shares22,51 %
- PROJECT ECONOMICS ASOrdinary shares11,95 %
- NEWBROTT ASOrdinary shares11,85 %
- TERJE EILIF HETLAND TORMAOrdinary shares9,47 %
- LASSE SØBERGOrdinary shares9,27 %
- Other / undisplayed records34,95 %
Fixed scale 0–100%. Shares are not normalized. Any unfilled portion is outside the displayed total.
Multiple company owners (11)
Source: Skatteetaten. Ownership share is a share of the number of shares, not necessarily voting rights or control. Person names refer to separate source records. Similar names are not automatically the same person.
Previously reported ownership entries (54)
- 2024 · STEENCO AS · 22,51 %
- 2024 · PROJECT ECONOMICS AS · 11,95 %
- 2024 · NEWBROTT AS · 11,85 %
- 2024 · TERJE EILIF HETLAND TORMA · 9,47 %
- 2024 · LASSE SØBERG · 9,27 %
- 2024 · TRIBIA AS · 6,19 %
- 2024 · JOSMAG AS · 5,31 %
- 2024 · HKG HOLDING AS · 3,39 %
- 2024 · ANE CECILIE GJESTELAND EKERN · 2,95 %
- 2024 · INCUBEAT AS · 2,60 %
- 2024 · BOG INVEST AS · 2,60 %
- 2024 · STRASIAS AS · 2,49 %
- 2024 · NITELVA AS · 1,29 %
- 2024 · BONANZA DRILLING AS · 1,20 %
- 2024 · HOEL TECH AS · 1,09 %
- 2024 · IXCELIO AS · 1,08 %
- 2024 · STEINAR AANDAL-VANGER · 0,69 %
- 2024 · CONTINENTAL TRUST CO. AS · 0,62 %
- 2024 · ENGØ-MONSEN INVEST AS · 0,54 %
- 2024 · KJETIL JOHAN MOLØKKEN-ØSTVOLD · 0,52 %
- 2024 · CHRISTER HUSSTØL · 0,31 %
- 2024 · BRANCH GROUP AS · 0,30 %
- 2024 · ELLEN ELISABETH ALTENBORG · 0,26 %
- 2024 · SCALEUPXQ AS · 0,19 %
- 2024 · EIDSAA INVEST AS · 0,13 %
- 2024 · STEN IVAR RØKKE · 0,05 %
- 2024 · GUNNAR JENSEN · 0,02 %
- 2023 · STEENCO AS · 14,67 %
- 2023 · PROJECT ECONOMICS AS · 14,62 %
- 2023 · TERJE EILIF HETLAND TORMA · 11,59 %
- 2023 · LASSE SØBERG · 11,34 %
- 2023 · TRIBIA AS · 7,58 %
- 2023 · JOSMAG AS · 6,49 %
- 2023 · NEWBROTT AS · 5,72 %
- 2023 · HKG HOLDING AS · 4,15 %
- 2023 · ANE CECILIE GJESTELAND EKERN · 3,61 %
- 2023 · INCUBEAT AS · 3,19 %
- 2023 · BOG INVEST AS · 3,18 %
- 2023 · STRASIAS AS · 3,05 %
- 2023 · NITELVA AS · 1,57 %
- 2023 · BONANZA DRILLING AS · 1,47 %
- 2023 · IXCELIO AS · 1,33 %
- 2023 · HOEL TECH AS · 0,95 %
- 2023 · STEINAR AANDAL-VANGER · 0,85 %
- 2023 · CONTINENTAL TRUST CO. AS · 0,76 %
- 2023 · ENGØ-MONSEN INVEST AS · 0,66 %
- 2023 · KJETIL JOHAN MOLØKKEN-ØSTVOLD · 0,64 %
- 2023 · BRANCH GROUP AS · 0,37 %
- 2023 · ELLEN ELISABETH ALTENBORG · 0,32 %
- 2023 · SCALEUPXQ AS · 0,23 %
- 2023 · EIDSAA INVEST AS · 0,16 %
- 2023 · TCE AS · 0,06 %
- 2023 · CHRISTER HUSSTØL · 0,05 %
- 2023 · GUNNAR JENSEN · 0,02 %
YEAR-DATED OWNERSHIP
Company share entries
The company’s own investments in other businesses. Shareholders who own the company are shown under Ownership.
Source and scope
Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.
Up to 500 source records examined; the view may be limited. Missing matches do not prove that ownership is absent.
YEAR-DATED OWNERSHIP
Indirect ownership
Explore documented ownership paths through companies. Each path and share class is shown separately; shares are not added together.
Source and scope
Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.
Up to four ownership levels, 32 company lookups, and 250 chains are examined within a short time budget. This is a limited selection, not a ranking of the largest 250. Cycles are stopped. Missing matches do not prove that ownership is absent.
CONNECTIONS
Explore the ownership structure.
Directly reported ownership entries are shown first. Open the map to explore further.
Direct ownership entries without an interactive map
As of 31 December 2025 · 10 of 27 available ownership entries
Multiple company owners (11)
Source: Skatteetaten / Aksjonærregisteret. Year-dated share ownership is not necessarily today’s voting rights or corporate control.
Open interactive map for direct ownership entries
CONNECTIONS
Explore the ownership structure.
See owners and open further company levels, using the same year throughout the tree.
Click a company to open owners. Select i for details.