MORROW BATTERIES ASA

Industry and manufacturing

/ Electronics

Keywords

productionbatteries

Organization

CEO: LC
Lars Christian Bacher1964
Chairman of the board: LM
Liv Monica Bargem Stubholt1961
Years since formation: 10 years; since Jan 21, 2014
Type: Public limited company
VAT registered: Yes
Number of employees: 64

Ownership

Number of shares and share classes: 3,750,035; 1 share class
Total number of shareholders: 66; 18 companies, 48 persons
Belongs to group of

Financials

Total operating income 2023: 1,792,000; NOK
Annual total result 2023: -258,143,000; NOK
Total equity 2023: 2,327,259,000; NOK

Last update: Dec 12, 2024

Management

Management / administration

Name	Role	Shares
LC Lars Christian Bacher 1964	Managing Director/CEO	-

Board

Name	Role	Shares
LM Liv Monica Bargem Stubholt 1961	Chairman	-
TØ Tor Øystein Repstad 1973	Board Member	-
AL Anders Lægreid 1958	Observer	-
PR Pedro Ramos De Deus Do Valle E Azevedo 1982	Board Member	-
AK Atle Knudsen 1972	Board Member	-
KL Kristine Lindland 1993	Board Member	-
KA Kristin Anette Eskeland Dale 1977 Resigned	Board Member	-
RE Roger Ernst Buchmann 1971	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
A AIDER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
IG Ingrid Gjelsten 2001	-	5.73 % indirectly
BR Bjørn Rune Gjelsten 1956	-	1.43 % indirectly

Last update: Nov 29, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
Å Å ENERGI INVEST AS	NO0012747825	1,871,589	49.91 %
EP Equity Minorities I Ks Private	NO0012747825	599,613	15.99 %
PS Project Ventures Gmbh Siemens	NO0012747825	571,371	15.24 %
A Abb Switzerland Ltd	NO0012747825	282,891	7.54 %
N NOAH AS	NO0012747825	268,610	7.16 %
N NYSNØ KLIMAINVESTERINGER AS	NO0012747825	102,223	2.73 %
A ARENDALS FOSSEKOMPANI ASA	NO0012747825	11,641	0.31 %
SU Switzerland Ag Ubs	NO0012747825	7,487	0.2 %
E ERICALES INVEST AS	NO0012747825	4,978	0.13 %
R RACSO AS	NO0012747825	4,000	0.11 %
B BEBA AS	NO0012747825	2,735	0.07 %
S SFKJ HOLDING AS	NO0012747825	2,422	0.06 %
AS Asta Ellingsen Stenhagen 1974	NO0012747825	2,366	0.06 %
M MORROW BATTERIES ASA	NO0012747825	2,287	0.06 %
N NORDIC SUSTAINABLE VENTURES AS	NO0012747825	2,125	0.06 %
K KARLSEN CONSULTING AS	NO0012747825	2,125	0.06 %
F FD3M HOLDING AS	NO0012747825	1,700	0.05 %
B B RUSTAD HOLDING AS	NO0012747825	1,011	0.03 %
HK Henning Kaland 1992	NO0012747825	972	0.03 %
A ARENDAL NÆRINGSSELSKAP AS	NO0012747825	700	0.02 %
M MOKOBA AS	NO0012747825	640	0.02 %
SH Silje Wetrhus Hebnes 1998	NO0012747825	555	< 0.01 %
FH Frederic Hauge 1965	NO0012747825	479	< 0.01 %
NF Nina Hunsager Framås 1985	NO0012747825	476	< 0.01 %
4 4EVER INVEST AS	NO0012747825	381	< 0.01 %
SC Samanta Cerniavskaja 1984	NO0012747825	381	< 0.01 %
MO Mette Morseth Ottesen 1986	NO0012747825	226	< 0.01 %
HL Heidi Larsen 1998	NO0012747825	193	< 0.01 %
OF Olav Magne Fiane-Mo 1983	NO0012747825	193	< 0.01 %
NS Naja Mae Faye Boone Solend 1983	NO0012747825	190	< 0.01 %
IH Inger Lise Handeland 1969	NO0012747825	180	< 0.01 %
MB Martin Næs Børvik 1988	NO0012747825	152	< 0.01 %
JZ Jeroen Van Der Zee 1987	NO0012747825	150	< 0.01 %
KK Kyungho Kim 1990	NO0012747825	143	< 0.01 %
CY Chengjun Yu 1988	NO0012747825	143	< 0.01 %
HH Halvor Høen Hval 1991	NO0012747825	143	< 0.01 %
HK Helga Kåsa 1978	NO0012747825	143	< 0.01 %
K K. AALERUD INVEST AS	NO0012747825	143	< 0.01 %
IS Inger-Marie Tønnesøl Solås 1998	NO0012747825	143	< 0.01 %
AS Andre Stiansen 1988	NO0012747825	143	< 0.01 %
SF Sameer Fotedar 1984	NO0012747825	143	< 0.01 %
A A. HILDE INVEST AS	NO0012747825	143	< 0.01 %
SC Songah Choi 1991	NO0012747825	143	< 0.01 %
SS Susanna Stene 1986	NO0012747825	143	< 0.01 %
ST Stina Torjesen 1975	NO0012747825	133	< 0.01 %
EF Elisabeth Lund Feltstykket 1978	NO0012747825	122	< 0.01 %
HT Hallvard Rise Tollin 1989	NO0012747825	114	< 0.01 %
JS Jochen Wolfgang Schrag 1987	NO0012747825	99	< 0.01 %
DS Dong-Woo Seo 1986	NO0012747825	97	< 0.01 %
OA Orwah Al Zubaidi 1992	NO0012747825	97	< 0.01 %
TE Trond Olav Egeland 1982	NO0012747825	95	< 0.01 %
RG Ronny Gløckner 1970	NO0012747825	76	< 0.01 %
AS Adriana Milena Navarro Suárez 1983	NO0012747825	76	< 0.01 %
KK Kathrine Knudsen 1978	NO0012747825	68	< 0.01 %
PF Per Håkon Pedersen Finne 1998	NO0012747825	61	< 0.01 %
FB Fabienne Buffet-Pile 1966	NO0012747825	57	< 0.01 %
MP Miguel Ribeiro Pereira 1983	NO0012747825	57	< 0.01 %
SR Siri Vimme Ribe 1983	NO0012747825	45	< 0.01 %
JH Joachim Hallgren 1987	NO0012747825	40	< 0.01 %
KL Kristine Lunde-Fuglestad 1990	NO0012747825	38	< 0.01 %
KF Kelly Anne Forrest 1978	NO0012747825	38	< 0.01 %
MV Marcus Våle 1995	NO0012747825	28	< 0.01 %
DE Dilek Ersoy 1991	NO0012747825	28	< 0.01 %
CB Catrine Bang-Eliassen 1971	NO0012747825	24	< 0.01 %
TE Terje Erlandsen 1967	NO0012747825	22	< 0.01 %
C Clearstream Banking S.a.	NO0012747825	5	< 0.01 %

Shares owned by the MORROW BATTERIES ASA

Name	Share class	Number of shares	Share
M MORROW INDUSTRIALIZATION CENTER AS	Ordinary shares	100	100 %
M MORROW TECHNOLOGIES AS	Ordinary shares	48,977	100 %
S SIVA EYDE EIENDOM AS	Ordinary shares	33	33 %
M MORROW BATTERIES ASA	NO0012747825	2,287	0.06 %

Last update: May 24, 2024

Group structure

MORROW BATTERIES ASA
Total operating income 2023: NOK 1,792,000
Operating profit 2023: NOK -202,425,000
Employees: 64

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	1,792,000	54,865,000	4,625,000
Annual Total Result	-258,143,000	-74,747,000	-37,307,613
Total assets	2,527,899,000	1,261,148,000	268,796,988
Total liabilities	200,639,000	96,172,000	19,097,806
Total equity	2,327,259,000	1,164,975,000	249,699,183

P&L

Year	2023	2022	2021
Total operating income	1,792,000	54,865,000	4,625,000
Total operating costs	204,217,000	174,738,000	53,882,793
Operating result	-202,425,000	-119,873,000	-49,257,793
Financial income/costs	-16,279,000	19,415,000	144,395
Profit before tax	-218,704,000	-100,458,000	-49,113,398
Total tax & extraordinary income/cost	39,439,000	-25,711,000	-11,805,785
Annual Total Result	-258,143,000	-74,747,000	-37,307,613

Balance overview

Year	2023	2022	2021
Total fixed assets	1,934,721,000	882,528,000	53,195,479
Total current assets	593,178,000	378,620,000	215,601,509
Total assets	2,527,899,000	1,261,148,000	268,796,988
Short term debt	195,678,000	88,964,000	16,258,359
Long term debt	4,961,000	7,208,000	2,839,447
Total liabilities	200,639,000	96,172,000	19,097,806
Contributed capital	2,704,193,000	1,283,765,000	293,742,590
Retained earnings	-376,934,000	-118,790,000	-44,043,407
Total equity	2,327,259,000	1,164,975,000	249,699,183
Total equity and liabilities	2,527,898,000	1,261,147,000	268,796,988

MORROW BATTERIES ASA913 102 436

MORROW BATTERIES ASA

Keywords

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the MORROW BATTERIES ASA

Group structure

Financials

Summary

P&L

Balance overview

Classification