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COMPANY CARD COMPANY

SANDWATER AS

Business reg. no. 926 694 804ASOSLOIndustry code 66.300

Fondsforvaltningsvirksomhet

Equity ratio: Good · 55,5 % (2025)

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Company financial statements in NOK · 2023: 48 711 332 NOK · 2024: 28 986 658 NOK · 2025: 30 045 363 NOK
2023–2025 · NOK
Operating revenue30,0 mill. NOK
2025 · company↑ 3,7 % from 2024
Company financial statements in NOK · 2023: 22 295 097 NOK · 2024: -2 184 688 NOK · 2025: -7 133 512 NOK
2023–2025 · NOK
Operating income · EBIT-7,1 mill. NOK
2025 · company↓ 4,9 mill. NOK from 2024

-23,7 % EBIT-margin

Registered employees12 employees
RegisteredRegistry data 06.11.2026

FINANCIALS

Financial statements and key figures

Amount in whole currency units
Company financial statements

Amount in NOK

Company financial statements · amounts without rounding to thousands for display
Financial statement item202520242023
CurrencyNOKNOKNOK
Operating revenue30 045 36328 986 65848 711 332
Operating profit-7 133 512-2 184 68822 295 097
Net income-6 586 264-1 409 61116 723 109
Equity5 884 40212 470 66724 883 778
Total assets10 611 75217 289 27435 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
Operating revenueNOK · 2023–202530,0 mill. NOK
↑ 3,7 % from 2024
Operating revenue202320242025

Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.

Operating profitNOK · 2023–2025-7,1 mill. NOK
↓ 4,9 mill. NOK from 2024
Operating profit202320242025

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
Company financial statements · Income statement · whole currency units
Financial statement item202520242023
Operating revenue
Total operating revenue30 045 36328 986 65848 711 332
Operating expenses
Wage costs26 650 46221 594 33620 166 591
Total operating expenses37 178 87531 171 34626 416 235
Operating profit
Operating income (EBIT)-7 133 512-2 184 68822 295 097
Financial income
Total finance income790 814913 66231 457
Financial expenses
Other interest expense1 246120 83711 497
Total finance costs243 567155 66418 741
Net finance result547 247757 99812 716
Results and tax
Income before tax-6 586 264-1 426 68922 307 813
Tax expense on ordinary income0-17 0785 584 704
Net income-6 586 264-1 409 61116 723 109
Total comprehensive income-6 586 264——
Balance sheet14 entries with information
Company financial statements · Balance sheet · whole currency units
Financial statement item202520242023
Intangible assets
Goodwill—00
Financial fixed assets
Total non-current assets2 374 0032 278 3742 269 211
Current assets
Total receivables1 364 058599 28331 010 516
Total investments4 691 11212 013 0220
Total cash and cash equivalents2 182 5802 398 5952 495 956
Total current assets8 237 74915 010 90033 506 472
Total assets10 611 75217 289 27435 775 683
Equity
Total paid-in equity1 067 0801 067 08010 724 430
Total retained earnings4 817 32211 403 58714 159 348
Total equity5 884 40212 470 66724 883 778
Provisions and long-term liabilities
Total long-term liabilities—017 078
Current liabilities
Total current liabilities4 727 3494 818 60710 874 827
Total liabilities4 727 3494 818 60710 891 905
Total
Total equity and liabilities10 611 75217 289 27435 775 683
Executive salaryUnavailable

No information in the available financial statement data.

REGISTRY INFORMATION

Company at a glance

Registered
Industry
66.300 · Fondsforvaltningsvirksomhet
Registered address
Universitetsgata 12, 0164 OSLO
Founded
29.01.2021
Entity type
Main entity

ADDRESS AND PROPERTY

Property information

Open data

Universitetsgata 12, 0164 OSLO

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© Kartverket · CC BY 4.0

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    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.
    NameRoleSource date
    Christian BergBorn 1969Styremedlem06.11.2026
    PERMIAN BUSINESS PARTNER ASView role recordRegnskapsfører06.11.2026
    PRICEWATERHOUSECOOPERS ASView role recordRevisor06.11.2026
    Anders MisundBorn 1973Styrets leder06.11.2026
    Tom-Even MortensenBorn 1965Daglig leder06.11.2026
    Susanne Elise Munch ThoreBorn 1960Styremedlem06.11.2026

    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 · 8 av 8 available ownership entries

    ShareholderShare / share classSource date
    COMMERCOR ASView ownership entryView share entries →30,81 % · Ordinære aksjer31.12.2025
    CENTAURUS ASView ownership entryView share entries →20,81 % · Ordinære aksjer31.12.2025
    PLAN ELBRUS ASView ownership entryView share entries →16,33 % · Ordinære aksjer31.12.2025
    ASTON ASView ownership entryView share entries →13,34 % · Ordinære aksjer31.12.2025
    SANDVANN ASView ownership entryView share entries →8,75 % · Ordinære aksjer31.12.2025
    BRYGGEKANTEN I HOLDING ASView ownership entryView share entries →2,49 % · Ordinære aksjer31.12.2025
    SANDWATER ASView ownership entryView share entries →2,49 % · Ordinære aksjer31.12.2025
    STRØMSNES ASView ownership entryView share entries →2,49 % · Ordinære aksjer31.12.2025
    Distribution of share count 31.12.2025
    90,1 %displayed share of shares
    • 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)

    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

    ShareholderShare / share classSource date
    COMMERCOR ASView ownership entryView share entries →30,81 % · Ordinære aksjer31.12.2025
    CENTAURUS ASView ownership entryView share entries →20,81 % · Ordinære aksjer31.12.2025
    PLAN ELBRUS ASView ownership entryView share entries →16,33 % · Ordinære aksjer31.12.2025
    ASTON ASView ownership entryView share entries →13,34 % · Ordinære aksjer31.12.2025
    SANDVANN ASView ownership entryView share entries →8,75 % · Ordinære aksjer31.12.2025
    BRYGGEKANTEN I HOLDING ASView ownership entryView share entries →2,49 % · Ordinære aksjer31.12.2025
    SANDWATER ASView ownership entryView share entries →2,49 % · Ordinære aksjer31.12.2025
    STRØMSNES ASView ownership entryView share entries →2,49 % · Ordinære aksjer31.12.2025

    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.

    Year-end ownership