VOW ASA

Operating

Levering av produkter og tjenester til den maritime næringen, samt utvikling og kommersialisering av teknologier innen avfallshåndtering og omdanning av avfall til høyverdige produkter og energi. Selskapet kan ivareta morselskapsfunksjoner i konsernet og eie og delta i andre selskaper med lignende virksomhet.

Handel med og investering i fast eiendom, verdipapirer og andre formuesobjekter.

Keywords

engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting

Organization

CEO: GP
Gunnar Pedersen1961
Chairman of the board: TF
Thomas Fredrick Borgen1964
Years since formation: 15 years; since Apr 13, 2011
Type: Public limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 291,418,466; 1 share class
Total number of shareholders: 6748; 380 companies, 6,368 persons
Belongs to group of

Financials

Annual total result 2025: 10,000,000; NOK
Total equity 2025: 684,000,000; NOK

Last update: Aug 4, 2026

Management

Management / administration

Name	Role	Shares
GP Gunnar Pedersen 1961	Managing Director/CEO	-

Board

Name	Role	Shares
TF Thomas Fredrick Borgen 1964	Chairman	-
EH Egil Haugsdal 1961	Board Member	-
ES Elin Steinsland 1967	Board Member	-
KH Kristin Herder Kaggerud 1980	Board Member	-
AN Arild Nysæther 1971	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
MT Must Trine 1971	-	7.12 % indirectly
CM Christian Must Erik 1973	-	7.12 % indirectly
HJ Heggelund Jan 1959	-	2.94 % directly 1.96 % indirectly 0.98 %
TH Tore Hekneby Ulf 1970	-	1.4 % directly
BI Brath Ingerø Bård 1967	-	1.03 % indirectly
AN Andre Nordbø Thore 1974	-	1.03 % directly

Last update: Jun 1, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
M MUST INVEST AS	Ordinary shares	42,194,851	14.48 %
D DNB BANK ASA	Ordinary shares	37,181,221	12.76 %
M MP PENSJON PK	Ordinary shares	10,026,749	3.44 %
HJ Heggelund Jan 1959	Ordinary shares	5,725,904	1.96 %
N NORDNET LIVSFORSIKRING AS	Ordinary shares	5,127,324	1.76 %
V VICAMA AS	Ordinary shares	4,928,234	1.69 %
TH Tore Hekneby Ulf 1970	Ordinary shares	4,080,299	1.4 %
AN Andre Nordbø Thore 1974	Ordinary shares	2,995,000	1.03 %
R RISTORA AS	Ordinary shares	2,852,765	0.98 %
S SKØYEN INVEST AS	Ordinary shares	2,746,091	0.94 %
MB Margrethe Brænd Hekneby Cecilie 1972	Ordinary shares	2,002,000	0.69 %
B BLAKSTAD MASKIN AS	Ordinary shares	1,810,790	0.62 %
M MSI INVEST AS	Ordinary shares	1,795,602	0.62 %
P PUNTE HOLDING AS	Ordinary shares	1,728,470	0.59 %
S STAUPER EIENDOM AS	Ordinary shares	1,417,175	0.49 %
JK Jacob Kongsrud Rune 1961	Ordinary shares	1,390,653	0.48 %
S SANDVEN BRUK AS	Ordinary shares	1,349,104	0.46 %
E EG INVEST AS	Ordinary shares	1,309,874	0.45 %
ES Eftestøl Sindre 1971	Ordinary shares	1,250,000	0.43 %
L LBO INVEST AS	Ordinary shares	1,187,058	0.41 %
L LTG NORWAY AS	Ordinary shares	1,136,260	0.39 %
VM Viggo Mølmann Odd 1961	Ordinary shares	1,082,890	0.37 %
G GEKKO AS	Ordinary shares	1,024,800	0.35 %
OP Olav Prøsch Jon 1968	Ordinary shares	1,010,000	0.35 %
V VOW ASA	Ordinary shares	1,006,667	0.35 %
K KT GLOBAL INVEST AS	Ordinary shares	1,003,576	0.34 %
E EXCESSION AS	Ordinary shares	1,000,000	0.34 %
PG Pedersen Gunnar 1961	Ordinary shares	1,000,000	0.34 %
T TIGERSTADEN AS	Ordinary shares	1,000,000	0.34 %
L LONE STAR AS	Ordinary shares	950,000	0.33 %
LA Lønberg Arne 1959	Ordinary shares	950,000	0.33 %
K KRAAG AS	Ordinary shares	934,000	0.32 %
E EXPROCO LIMITED NUF	Ordinary shares	909,246	0.31 %
H HILL INVEST AS	Ordinary shares	900,562	0.31 %
T TELINET INVEST AS	Ordinary shares	897,831	0.31 %
V VORSPRUNG AS	Ordinary shares	874,500	0.3 %
B BORETTI HOLDING AS	Ordinary shares	870,000	0.3 %
K KITTILSEN EIENDOM AS	Ordinary shares	847,185	0.29 %
S STORHAUGEN INVEST AS	Ordinary shares	800,000	0.27 %
T TFBCONSULTING AS	Ordinary shares	790,000	0.27 %
A AUGUST HOLDING AS	Ordinary shares	750,000	0.26 %
T TRONVIKSTRANDA AS	Ordinary shares	719,521	0.25 %
TN Tynning Nystrand Anders 1983	Ordinary shares	717,093	0.25 %
O OLIVERLUNDEN AS	Ordinary shares	700,000	0.24 %
JZ Jie Zhang Kjelstadli Si 1969	Ordinary shares	700,000	0.24 %
TA Trygve Alvseike Jan 1957	Ordinary shares	698,195	0.24 %
HO Hilleren Oddvar 1956	Ordinary shares	680,000	0.23 %
RK Roger Kullerød Ken 1968	Ordinary shares	669,941	0.23 %
EK Emami Kristiansen Zina 1970	Ordinary shares	662,000	0.23 %
R RBN HOLDING AS	Ordinary shares	631,975	0.22 %
M MUNERA AS	Ordinary shares	607,161	0.21 %
TS Thom Solveig 1966	Ordinary shares	604,514	0.21 %
A ARCHON HOLDING AS	Ordinary shares	600,000	0.21 %
S SLV HOLDING AS	Ordinary shares	586,510	0.2 %
NR Nydahl Reinert 1968	Ordinary shares	577,521	0.2 %
NK Nordberg Kittilsen Øivind 1982	Ordinary shares	567,210	0.19 %
B BJØRNB HOLDING AS	Ordinary shares	555,463	0.19 %
MF Montanarelli Francesco 1969	Ordinary shares	552,555	0.19 %
SI Skalleberg Ingerø Gyrid 1967	Ordinary shares	550,000	0.19 %
FB Frimanslund Berge 1954	Ordinary shares	520,000	0.18 %
ÆH Ærø Hermann 1964	Ordinary shares	510,000	0.18 %
AM Arvid Molvær Ivar 1953	Ordinary shares	500,000	0.17 %
R RICA HOLDING AS	Ordinary shares	500,000	0.17 %
JB Johan Brudvik Arthur 1942	Ordinary shares	500,000	0.17 %
TM Tallaksen Maria 1980	Ordinary shares	498,529	0.17 %
B BURNBACK HOLDING AS	Ordinary shares	492,823	0.17 %
AV Aven Vegard 1970	Ordinary shares	490,000	0.17 %
VR Vidar Rygh Tom 1958	Ordinary shares	486,602	0.17 %
TS Tony Singh Bansi Kanwarjit 1958	Ordinary shares	474,159	0.16 %
V VARDEN KULTUR OG MEDIASENTER AS	Ordinary shares	460,000	0.16 %
RM Radic Mario 1962	Ordinary shares	450,000	0.15 %
SS Strømsnes Steinar 1964	Ordinary shares	450,000	0.15 %
GL Groven Lars-Runar 1966	Ordinary shares	435,000	0.15 %
OP Oscar Pedersen Svend 1981	Ordinary shares	423,000	0.15 %
SP Stenberg Per 1959	Ordinary shares	410,000	0.14 %
TW Thom Wenche 1940	Ordinary shares	401,111	0.14 %
AK Agnar Karlsen Kjell 1952	Ordinary shares	400,000	0.14 %
AH Arend Halbesma Tor 1991	Ordinary shares	360,000	0.12 %
F FARVATN CAPITAL AS	Ordinary shares	357,093	0.12 %
GB Gustav Birkeland Anders 1962	Ordinary shares	354,000	0.12 %
MM Mastereid Morten 1972	Ordinary shares	350,724	0.12 %
S SIMEX RØR AS	Ordinary shares	350,320	0.12 %
TF Tore Fjose Nils 1951	Ordinary shares	350,000	0.12 %
TE Thon Egil 1944	Ordinary shares	350,000	0.12 %
SA Solvåg Arthur 1966	Ordinary shares	350,000	0.12 %
V VERDIPAPIRFONDET STOREBRAND INDEKS - NORGE	Ordinary shares	332,386	0.11 %
T Tor H Bjørnstad AS	Ordinary shares	325,665	0.11 %
PH Petter Holte Haugen Lars 1960	Ordinary shares	325,000	0.11 %
SM Sourin Midtgaard Kaare 1977	Ordinary shares	321,551	0.11 %
M MERIDIAN INVEST AS	Ordinary shares	305,000	0.1 %
J JOMANI AS	Ordinary shares	300,000	0.1 %
FA Flote Anders 1969	Ordinary shares	300,000	0.1 %
ST Strømberg Tom 1973	Ordinary shares	299,489	0.1 %
H HAFSTAD INVEST AS	Ordinary shares	296,000	0.1 %
SS Sarri Sandro 1966	Ordinary shares	295,975	0.1 %
HE Haugsdal Egil 1961	Ordinary shares	293,636	0.1 %
LK Lyslo Kristiansen Arne 1964	Ordinary shares	287,300	0.1 %
ES Edvard Storaas Petter 1964	Ordinary shares	286,257	0.1 %
WJ Wold Johnsen Christer 1973	Ordinary shares	280,000	0.1 %
LS Ljones Sandven Sigrun 1966	Ordinary shares	275,980	0.09 %

Shares owned by the VOW ASA

Name	Share class	Total number of shares	Share
S SCANSHIP AS	Ordinary shares	10,000,000	100 %
V VOW ASA	Ordinary shares	1,006,667	0.35 %

Last update: Sep 25, 2026

Group structure

VOW ASA
Total operating income 2025: NOK 0
Operating profit 2025: NOK -10,000,000
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	0	0	0	0	0
Annual Total Result	10,000,000	-111,000,000	-43,923,000	-27,523,000	319,153,000
Total assets	871,000,000	959,000,000	950,961,000	923,520,000	823,290,000
Total liabilities	187,000,000	284,000,000	389,341,000	318,652,000	174,179,000
Total equity	684,000,000	675,000,000	561,620,000	604,867,000	649,111,000

P&L

Year	2025	2024	2023	2022	2021
Total operating income	0	0	0	0	0
Total operating costs	10,000,000	13,000,000	29,452,000	27,006,000	22,600,000
Operating result	-10,000,000	-13,000,000	-29,452,000	-27,006,000	-22,600,000
Financial income/costs	20,000,000	-98,000,000	6,215,000	-6,760,000	336,295,000
Profit before tax	10,000,000	-111,000,000	-23,237,000	-33,766,000	313,695,000
Total tax & extraordinary income/cost	0	0	20,686,000	-6,243,000	-5,458,000
Annual Total Result	10,000,000	-111,000,000	-43,923,000	-27,523,000	319,153,000

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	870,000,000	942,000,000	947,844,000	910,612,000	512,511,000
Total current assets	1,000,000	17,000,000	3,117,000	12,908,000	310,779,000
Total assets	871,000,000	959,000,000	950,961,000	923,520,000	823,290,000
Short term debt	187,000,000	72,000,000	80,323,000	191,152,000	22,393,000
Long term debt	0	212,000,000	309,018,000	127,500,000	151,786,000
Total liabilities	187,000,000	284,000,000	389,341,000	318,652,000	174,179,000
Contributed capital	832,000,000	833,000,000	609,153,000	609,153,000	627,576,000
Retained earnings	-148,000,000	-158,000,000	-47,533,000	-4,286,000	21,535,000
Total equity	684,000,000	675,000,000	561,620,000	604,867,000	649,111,000
Total equity and liabilities	871,000,000	959,000,000	950,961,000	923,519,000	823,290,000

Classification

21st company classification

BETA

Small company

VOW ASA996 819 000

VOW ASA

Keywords

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the VOW ASA

Group structure

Financials

Summary

P&L

Balance overview

Classification