GREENSTAT AS

Operating

Bidra til et utslippsfritt samfunn og gjør dette gjennom å etablere og investere i prosjekter og selskaper innen fornybar energiproduksjon, lagring, distribusjon og forbruk.

Energi: Utvikling av analyseverktøy og forretningsmodeller for fornybare energiprosjekter. Produksjon og salg av fornybar energi. Teknologi: Utvikling av og gjennomføring av prosjekter knyttet til miljøteknologi.

Organization

CEO: JM
Julien Moulin1977
Chairman of the board: AM
Antoine Michel Philippe Forcinal1982
Years since formation: 11 years; since Feb 3, 2015
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 169,110,983; 1 share class
Total number of shareholders: 2284; 247 companies, 2,037 persons
Belongs to group of

Financials

Total operating income 2025: 7,619,029; NOK
Annual total result 2025: -11,917,065; NOK
Total equity 2025: 294,789,983; NOK

Last update: Aug 12, 2026

Management

Management / administration

Name	Role	Shares
JM Julien Moulin 1977	Managing Director/CEO	-

Board

Name	Role	Shares
AM Antoine Michel Philippe Forcinal 1982	Chairman	-
VF Vegard Frihammer 1975 Resigned	Board Member	-
AT Aurélie Tan 1979	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
V VKST AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
MT Mohn Trond 1943	-	1.6 % indirectly

Last update: Feb 2, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
M METEVA AS	Ordinary shares	2,711,667	1.6 %
P POLLEN VIND AS	Ordinary shares	1,467,495	0.87 %
G GREENSTAT AS	Ordinary shares	1,413,934	0.84 %
PS Petter Skonnord Ole 1968	Ordinary shares	1,045,743	0.62 %
I INDUS PRODUCTION SERVICES AS	Ordinary shares	1,000,000	0.59 %
M MYRLID AS	Ordinary shares	1,000,000	0.59 %
S STIFTELSEN UNIVERSITETSFORSKNING BERGEN	Ordinary shares	897,667	0.53 %
LO Lien Oddvar 1950	Ordinary shares	800,000	0.47 %
A AUSTAVIND AS	Ordinary shares	666,667	0.39 %
S SIMONSEN INVEST AS	Ordinary shares	666,666	0.39 %
A ASKAS AS	Ordinary shares	644,967	0.38 %
K KLIMA 2020 AS	Ordinary shares	617,170	0.36 %
FV Frihammer Vegard 1975	Ordinary shares	582,303	0.34 %
N NORDIC ESG AND IMPACT INFRASTRUCTURE AS	Ordinary shares	573,333	0.34 %
F FASTUP MEDIA NUF	Ordinary shares	520,000	0.31 %
F FRIHAMMER INVEST NUF	Ordinary shares	488,266	0.29 %
TP Tobiasson Pål 1954	Ordinary shares	485,000	0.29 %
N NORCE INNOVATION AS	Ordinary shares	446,667	0.26 %
P PYTTSAN AS	Ordinary shares	439,123	0.26 %
NS Nicolai Skogland Fridtjof 1978	Ordinary shares	431,111	0.25 %
H H2 ENERGY AS Closed	Ordinary shares	420,558	0.25 %
N NEL FUEL AS	Ordinary shares	420,558	0.25 %
SÅ Stien Åge 1964	Ordinary shares	415,182	0.25 %
F FINCE AS	Ordinary shares	415,000	0.25 %
KH Kristian Hansen Bjørn 1974	Ordinary shares	400,677	0.24 %
P PARG INVEST AS	Ordinary shares	400,010	0.24 %
S SALVEHØLEN HOLDING AS	Ordinary shares	400,000	0.24 %
HS Halvor Stenhammer Nils 1967	Ordinary shares	397,728	0.24 %
MH Morten Hopen Pål 1967	Ordinary shares	328,880	0.19 %
RF Rossow Fiksdal Anne-Christine 1973	Ordinary shares	317,133	0.19 %
G GREENVISION AS	Ordinary shares	315,000	0.19 %
B BERNH LARSEN HOLDING AS	Ordinary shares	303,030	0.18 %
E ENZIAN AS	Ordinary shares	300,000	0.18 %
SK Stenild Kjell 1967	Ordinary shares	297,391	0.18 %
KA Krohl Alexander 1979	Ordinary shares	281,069	0.17 %
PR Patel Rakesh 1975	Ordinary shares	270,000	0.16 %
HT Haugen Tina 1979	Ordinary shares	266,000	0.16 %
G GM PROSPECT AS	Ordinary shares	265,000	0.16 %
I IKARIA AS	Ordinary shares	263,334	0.16 %
RR Rustad Rudi Rune 1981	Ordinary shares	252,655	0.15 %
RL Roger Lauritsen Leif 1958	Ordinary shares	251,963	0.15 %
P PERSTO INVEST AS	Ordinary shares	250,000	0.15 %
S SUNNHORDLAND KRAFTLAG AS	Ordinary shares	250,000	0.15 %
BJ Bergheim Jomar 1971	Ordinary shares	233,248	0.14 %
T TGO AS	Ordinary shares	231,357	0.14 %
SS Sørensen Steinar 1940	Ordinary shares	230,000	0.14 %
TH Toft Helga 1960	Ordinary shares	223,281	0.13 %
P PERA INVEST AS	Ordinary shares	221,000	0.13 %
SK Solsvik Kristian 1991	Ordinary shares	205,239	0.12 %
S SKOLEKANALEN AS	Ordinary shares	200,007	0.12 %
G GRENSEN 10 AS	Ordinary shares	200,000	0.12 %
SB Skeie Bernt 1967	Ordinary shares	200,000	0.12 %
E EIDE ENTERPRISES AS	Ordinary shares	200,000	0.12 %
K KLEIVO HOLDING AS	Ordinary shares	200,000	0.12 %
SA Stjern Asgeir 1969	Ordinary shares	199,550	0.12 %
VÅ Vetaas Åge 1971	Ordinary shares	193,000	0.11 %
P P. STUNNER HOLDING AS	Ordinary shares	186,412	0.11 %
BH Blystad Helge 1983	Ordinary shares	184,786	0.11 %
TV Tranøy Vidar 1971	Ordinary shares	180,244	0.11 %
S SPIJKER AS	Ordinary shares	180,000	0.11 %
EK Engelsjord Kallestad Marius 1992	Ordinary shares	178,664	0.11 %
N NOUR CONSULTING AS	Ordinary shares	178,629	0.11 %
HN Hove Njål 1965	Ordinary shares	176,717	0.1 %
RT Ringstad Tore 1971	Ordinary shares	176,000	0.1 %
RG Røste Gunnar 1971	Ordinary shares	174,642	0.1 %
SK Sivertsvik Kenneth 1978	Ordinary shares	174,514	0.1 %
HT Hagen Tore 1964	Ordinary shares	173,700	0.1 %
SS Synnevåg Sydness Gudmund 1981	Ordinary shares	173,074	0.1 %
BJ Betten Jostein 1985	Ordinary shares	170,457	0.1 %
P PWO INVEST AS	Ordinary shares	169,041	0.1 %
V VESTLANDETS INNOVASJONSSELSKAP AS	Ordinary shares	166,667	0.1 %
KS Krogh Stensby Øyvind 1981	Ordinary shares	165,000	0.1 %
DE Dahl Eide Magnus 1982	Ordinary shares	165,000	0.1 %
SH Sæther Halvard 1972	Ordinary shares	163,693	0.1 %
HB Hovda Bergersen Stian 1986	Ordinary shares	160,000	0.09 %
MJ Moen Jarle 1966	Ordinary shares	157,749	0.09 %
NE Nubberud Erik 1993	Ordinary shares	154,500	0.09 %
SE Stubø Erik 1959	Ordinary shares	151,611	0.09 %
M MV66 INVEST AS	Ordinary shares	150,000	0.09 %
F FLATEN INVEST AS	Ordinary shares	144,920	0.09 %
SG Skarbø Geir 1980	Ordinary shares	144,608	0.09 %
TM Tronshaug Martin 1978	Ordinary shares	138,000	0.08 %
KH Klevjer Henning 1988	Ordinary shares	136,456	0.08 %
RP Rønning Pål 1960	Ordinary shares	135,000	0.08 %
T TOPRIA AS	Ordinary shares	133,500	0.08 %
OO Olav Okkenhaug Tor 1965	Ordinary shares	133,027	0.08 %
MH Marius Holm Nils 1969	Ordinary shares	132,987	0.08 %
B BRAKSTAD INVEST AS	Ordinary shares	130,000	0.08 %
A AMBLE INVESTMENT AS	Ordinary shares	130,000	0.08 %
A ARIDA AS	Ordinary shares	130,000	0.08 %
N NORTHSEA IT AS	Ordinary shares	130,000	0.08 %
ÅO Årsvoll Olsen Alf 1963	Ordinary shares	129,569	0.08 %
SG Sanner Gunnar 1965	Ordinary shares	128,000	0.08 %
ME Myrmel Eirik 1983	Ordinary shares	127,031	0.08 %
LK Landmark Karen 1974	Ordinary shares	125,454	0.07 %
BH Brunvoll Hjellegjerde Erlend 1978	Ordinary shares	125,000	0.07 %
EG Egil Gravem Paul 1948	Ordinary shares	124,426	0.07 %
KL Kjetil Liseth Odd 1988	Ordinary shares	124,230	0.07 %
HJ Heiberg Jon 1984	Ordinary shares	123,456	0.07 %
FC Frimannslund Clas-Tore 1974	Ordinary shares	122,300	0.07 %

Shares owned by the GREENSTAT AS

Name	Share class	Total number of shares	Share
G GREENSTAT HYDROGEN AS	Ordinary shares	30,000	100 %
G GREENSTAT SOLAR AS	Ordinary shares	30,000	100 %
G GREENSTAT SOLAR SOLUTIONS AS Under liquidation	Ordinary shares	300	100 %
G GREENSTAT ASIA AS	Ordinary shares	30,000	100 %
G GREENSTAT WIND AS	Ordinary shares	10,096,000	100 %
G GREENSTAT VENTURE AS	Ordinary shares	100,000	100 %
G GREEN YACHT AS Closed	Ordinary shares	1,701,309	49.8 %
M MERAKER HYDROGEN AS	Ordinary shares	1,625	12.78 %
G GREENSTAT AS	Ordinary shares	1,413,934	0.84 %
E EVOY AS	Ordinary shares	784,226	0.2 %
H HYREX AS Under liquidation	Ordinary shares	450,925	0.07 %

Last update: Sep 25, 2026

Group structure

GREENSTAT AS
Total operating income 2025: NOK 7,619,029
Operating profit 2025: NOK -29,536,737
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	7,619,029	3,998,025	5,929,218	4,785,107
Annual Total Result	-11,917,065	-94,352,188	-52,202,991	-30,745,197
Total assets	307,870,630	268,556,441	241,680,317	227,102,270
Total liabilities	13,080,647	131,353,692	48,037,971	5,442,992
Total equity	294,789,983	137,205,749	193,642,346	221,659,278

P&L

Year	2024	2023	2022	2021
Total operating income	7,619,029	3,998,025	5,929,218	4,785,107
Total operating costs	37,155,765	34,378,062	9,029,687	36,242,892
Operating result	-29,536,737	-30,380,037	-3,100,469	-31,457,785
Financial income/costs	17,619,672	-63,972,151	-49,102,522	712,588
Profit before tax	-11,917,065	-94,352,188	-52,202,991	-30,745,197
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	-11,917,065	-94,352,188	-52,202,991	-30,745,197

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	224,287,807	254,280,758	173,223,564	43,883,603
Total current assets	83,582,823	14,275,683	68,456,753	183,218,667
Total assets	307,870,630	268,556,441	241,680,317	227,102,270
Short term debt	6,044,629	131,353,692	48,037,971	5,442,992
Long term debt	7,036,018	0	0	0
Total liabilities	13,080,647	131,353,692	48,037,971	5,442,992
Contributed capital	245,043,110	75,541,812	70,983,566	64,661,008
Retained earnings	49,746,873	61,663,937	122,658,780	156,998,270
Total equity	294,789,983	137,205,749	193,642,346	221,659,278
Total equity and liabilities	307,870,630	268,559,441	241,680,317	227,102,270

Classification

21st company classification

BETA

Scaleup

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

GREENSTAT AS914 875 455

GREENSTAT AS

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the GREENSTAT AS

Group structure

Financials

Summary

P&L

Balance overview

Classification