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PHOTONCYCLE AS925 751 359

Counseling
Limited company
Forskningsparken Gaustadalléen 21 0349 OSLO, Norge
Services
/ Counseling
/ 71.129 Other technical consultancy

PHOTONCYCLE AS

Operating
Utvikling av teknologi fornybar energi og andre produkter/tjenester som naturlig hører sammen med dette.
Utvikling av teknologi fornybar energi.

Keywords

engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting

Links

Organization

CEO
BB

Bjørn Brandtzæg1973

Chairman of the board
BM

Bård Martin Mikkelsen1948

Years since formation
6 years
since Oct 6, 2020
Type
Limited company
VAT registered
Yes
Number of employees
22

Ownership

Number of shares and share classes
16,923
1 share class
Total number of shareholders
10
6 companies, 4 persons
Belongs to group of

Financials

Total operating income 2025
21,058,753
NOK
Annual total result 2025
-13,568,601
NOK
Total equity 2025
41,477,817
NOK
Last update: Jul 15, 2026

Management

Management / administration

NameRoleShares
BB

Bjørn Brandtzæg

1973

Managing Director/CEO
66.18 %
indirectly

Board

NameRoleShares
BM

Bård Martin Mikkelsen

1948

Chairman
1.32 %
indirectly
EK

Erling Køpke Paulsen

1978

Board Member
1.07 %
indirectly
TE

Teemu Eemeli Mattila

1987

Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
V
VIEW GROUP AS
Accountant-

Top 10 individual shareholders

NameRoleShares
BB

Bjørn Brandtzæg

1973

Managing Director/CEO
66.18 %
indirectly
DG

David Gerez

1970

-
3.59 %
directly
BM

Bård Martin Mikkelsen

1948

Chairman
1.32 %
indirectly
GH

Gro Haanshuus Mikkelsen

1957

-
1.24 %
indirectly
EK

Erling Køpke Paulsen

1978

Board Member
1.07 %
indirectly
Last update: Nov 1, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
V
VIKERFJELL INVEST AS
Ordinary shares
11,199
66.18 %
VF

Ventures Fund V Ky Lifeline

Ordinary shares
2,408
14.23 %
M
M7 PERFORMANCE AS
Ordinary shares
636
3.76 %
DG

David Gerez

1970

Ordinary shares
607
3.59 %
LI

Lv Ii Conopus Ab

Ordinary shares
562
3.32 %
E
EVINY VENTURES AS
Ordinary shares
481
2.84 %
M
MOMENTUM II AS
Ordinary shares
481
2.84 %
S
STARTUPLAB FOUNDERS FUND IV AS
Ordinary shares
354
2.09 %
S
STANLEY INVEST AS
Ordinary shares
177
1.05 %
UO

Unni Olsbye

1964

Ordinary shares
18
0.11 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
21,058,753
9,059,342
5,800,000
3,800,000
80,000
Annual Total Result
-13,568,601
-7,380,219
-3,613,879
-2,903,850
-1,217,920
Total assets
49,126,456
60,360,487
41,865,045
8,682,947
8,687,591
Total liabilities
7,648,638
5,123,992
1,412,457
4,535,880
1,636,673
Total equity
41,477,817
55,236,495
40,452,588
4,147,068
7,050,918

P&L

Year20252024202320222021
Total operating income
21,058,753
9,059,342
5,800,000
3,800,000
80,000
Total operating costs
35,456,843
18,145,305
9,560,585
6,705,951
1,297,920
Operating result
-14,398,089
-9,085,963
-3,760,585
-2,905,951
-1,217,920
Financial income/costs
829,488
1,705,743
146,706
2,101
0
Profit before tax
-13,568,601
-7,380,219
-3,613,879
-2,903,850
-1,217,920
Total tax & extraordinary income/cost
0
0
0
0
0
Annual Total Result
-13,568,601
-7,380,219
-3,613,879
-2,903,850
-1,217,920

Balance overview

Year20252024202320222021
Total fixed assets
27,793,584
10,220,311
5,207,858
5,664,997
3,394,830
Total current assets
21,332,871
50,140,176
36,657,187
3,017,950
5,292,762
Total assets
49,126,456
60,360,487
41,865,045
8,682,947
8,687,591
Short term debt
7,648,638
5,123,992
1,412,457
1,035,880
1,636,673
Long term debt
0
0
0
3,500,000
0
Total liabilities
7,648,638
5,123,992
1,412,457
4,535,880
1,636,673
Contributed capital
66,046,367
66,236,444
44,072,318
7,050,918
7,050,918
Retained earnings
-24,568,550
-10,999,949
-3,619,730
-2,903,850
0
Total equity
41,477,817
55,236,495
40,452,588
4,147,068
7,050,918
Total equity and liabilities
49,126,456
60,360,487
41,865,045
8,682,947
8,687,591

Classification

21st company classification
BETA
Small company
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
M
Main industrial area
Professional, scientific and technical activities
71
Activity
Architectural and engineering activities; technical testing and analysis
71.1
Main industrial group
Architectural and engineering activities and related technical consultancy
71.12
Industrial group
Engineering activities and related technical consultancy
71.129
Industrial group
Other technical consultancy