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COMPANY CARD COMPANY
SANDWATER AS
Fondsforvaltningsvirksomhet
-23,7 % EBIT-margin
FINANCIALS
Financial statements and key figures
Company financial statements
Amount in NOK
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Currency | NOK | NOK | NOK |
| Operating revenue | 30 045 363 | 28 986 658 | 48 711 332 |
| Operating profit | -7 133 512 | -2 184 688 | 22 295 097 |
| Net income | -6 586 264 | -1 409 611 | 16 723 109 |
| Equity | 5 884 402 | 12 470 667 | 24 883 778 |
| Total assets | 10 611 752 | 17 289 274 | 35 775 683 |
| EBIT margin | -23,7 % | -7,5 % | 45,8 % |
Indicators: equity / assets and EBIT / operating revenue. Midline is 0%, scale −100% to +100%. Not a credit assessment.
Show trend in NOK
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
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 7bc61b6b5667
- 2024 · NOK · original-NOK · source version 726f9673e0a1
- 2023 · NOK · original-NOK · source version 674c88e8a949
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 statement12 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating revenue | |||
| Total operating revenue | 30 045 363 | 28 986 658 | 48 711 332 |
| Operating expenses | |||
| Wage costs | 26 650 462 | 21 594 336 | 20 166 591 |
| Total operating expenses | 37 178 875 | 31 171 346 | 26 416 235 |
| Operating profit | |||
| Operating income (EBIT) | -7 133 512 | -2 184 688 | 22 295 097 |
| Financial income | |||
| Total finance income | 790 814 | 913 662 | 31 457 |
| Financial expenses | |||
| Other interest expense | 1 246 | 120 837 | 11 497 |
| Total finance costs | 243 567 | 155 664 | 18 741 |
| Net finance result | 547 247 | 757 998 | 12 716 |
| Results and tax | |||
| Income before tax | -6 586 264 | -1 426 689 | 22 307 813 |
| Tax expense on ordinary income | 0 | -17 078 | 5 584 704 |
| Net income | -6 586 264 | -1 409 611 | 16 723 109 |
| Total comprehensive income | -6 586 264 | — | — |
Balance sheet14 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Intangible assets | |||
| Goodwill | — | 0 | 0 |
| Financial fixed assets | |||
| Total non-current assets | 2 374 003 | 2 278 374 | 2 269 211 |
| Current assets | |||
| Total receivables | 1 364 058 | 599 283 | 31 010 516 |
| Total investments | 4 691 112 | 12 013 022 | 0 |
| Total cash and cash equivalents | 2 182 580 | 2 398 595 | 2 495 956 |
| Total current assets | 8 237 749 | 15 010 900 | 33 506 472 |
| Total assets | 10 611 752 | 17 289 274 | 35 775 683 |
| Equity | |||
| Total paid-in equity | 1 067 080 | 1 067 080 | 10 724 430 |
| Total retained earnings | 4 817 322 | 11 403 587 | 14 159 348 |
| Total equity | 5 884 402 | 12 470 667 | 24 883 778 |
| Provisions and long-term liabilities | |||
| Total long-term liabilities | — | 0 | 17 078 |
| Current liabilities | |||
| Total current liabilities | 4 727 349 | 4 818 607 | 10 874 827 |
| Total liabilities | 4 727 349 | 4 818 607 | 10 891 905 |
| Total | |||
| Total equity and liabilities | 10 611 752 | 17 289 274 | 35 775 683 |
Executive salaryUnavailable
No information in the available financial statement data.
REGISTRY INFORMATION
Company at a glance
- Industry
- 66.300 · Fondsforvaltningsvirksomhet
- Registered address
- Universitetsgata 12, 0164 OSLO
- Founded
- 29.01.2021
- Entity type
- Main entity
ADDRESS AND PROPERTY
Property information
Universitetsgata 12, 0164 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.
| Name | Role | Source date |
|---|---|---|
| Christian BergBorn 1969 | Styremedlem | 06.11.2026 |
| PERMIAN BUSINESS PARTNER ASView role record | Regnskapsfører | 06.11.2026 |
| PRICEWATERHOUSECOOPERS ASView role record | Revisor | 06.11.2026 |
| Anders MisundBorn 1973 | Styrets leder | 06.11.2026 |
| Tom-Even MortensenBorn 1965 | Daglig leder | 06.11.2026 |
| Susanne Elise Munch ThoreBorn 1960 | Styremedlem | 06.11.2026 |
Source: Brønnøysund Register Centre. A registered role is not documentation of direct contact information.
YEAR-DATED OWNERSHIP
Reported shareholders.
As of 31 December 2025 · 8 av 8 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| COMMERCOR ASView ownership entryView share entries → | 30,81 % · Ordinære aksjer | 31.12.2025 |
| CENTAURUS ASView ownership entryView share entries → | 20,81 % · Ordinære aksjer | 31.12.2025 |
| PLAN ELBRUS ASView ownership entryView share entries → | 16,33 % · Ordinære aksjer | 31.12.2025 |
| ASTON ASView ownership entryView share entries → | 13,34 % · Ordinære aksjer | 31.12.2025 |
| SANDVANN ASView ownership entryView share entries → | 8,75 % · Ordinære aksjer | 31.12.2025 |
| BRYGGEKANTEN I HOLDING ASView ownership entryView share entries → | 2,49 % · Ordinære aksjer | 31.12.2025 |
| SANDWATER ASView ownership entryView share entries → | 2,49 % · Ordinære aksjer | 31.12.2025 |
| STRØMSNES ASView ownership entryView share entries → | 2,49 % · Ordinære aksjer | 31.12.2025 |
- COMMERCOR ASOrdinære aksjer30,81 %
- CENTAURUS ASOrdinære aksjer20,81 %
- PLAN ELBRUS ASOrdinære aksjer16,33 %
- ASTON ASOrdinære aksjer13,34 %
- SANDVANN ASOrdinære aksjer8,75 %
- Other / undisplayed records9,95 %
Fixed scale 0–100%. Shares are not normalized. Any unfilled portion is outside the displayed total.
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 (16)
- 2024 · COMMERCOR AS · 30,81 %
- 2024 · CENTAURUS AS · 20,81 %
- 2024 · PLAN ELBRUS AS · 16,33 %
- 2024 · ASTON AS · 13,34 %
- 2024 · SANDVANN AS · 8,75 %
- 2024 · BRYGGEKANTEN I HOLDING AS · 2,49 %
- 2024 · SANDWATER AS · 2,49 %
- 2024 · STRØMSNES AS · 2,49 %
- 2023 · COMMERCOR AS · 30,81 %
- 2023 · CENTAURUS AS · 20,81 %
- 2023 · PLAN ELBRUS AS · 16,33 %
- 2023 · ASTON AS · 13,34 %
- 2023 · SANDVANN AS · 8,75 %
- 2023 · BRYGGEKANTEN I HOLDING AS · 2,49 %
- 2023 · INVEX GROUP AS · 2,49 %
- 2023 · STRØMSNES AS · 2,49 %
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 · 8 av 8 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| COMMERCOR ASView ownership entryView share entries → | 30,81 % · Ordinære aksjer | 31.12.2025 |
| CENTAURUS ASView ownership entryView share entries → | 20,81 % · Ordinære aksjer | 31.12.2025 |
| PLAN ELBRUS ASView ownership entryView share entries → | 16,33 % · Ordinære aksjer | 31.12.2025 |
| ASTON ASView ownership entryView share entries → | 13,34 % · Ordinære aksjer | 31.12.2025 |
| SANDVANN ASView ownership entryView share entries → | 8,75 % · Ordinære aksjer | 31.12.2025 |
| BRYGGEKANTEN I HOLDING ASView ownership entryView share entries → | 2,49 % · Ordinære aksjer | 31.12.2025 |
| SANDWATER ASView ownership entryView share entries → | 2,49 % · Ordinære aksjer | 31.12.2025 |
| STRØMSNES ASView ownership entryView share entries → | 2,49 % · Ordinære aksjer | 31.12.2025 |
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.