WATERCIRCLES FORSIKRING ASA
Operating
Direkte skadeforsikringsvirksomhet innenfor de forsikringsklasser
selskapet har konsesjon, herunder rene risikoforsikringer av høyst ett
års varighet, samt virksomhet som naturlig henger sammen med
forsikringsvirksomhet.
Keywords
accident insurancefire insurancehealth insurancetravel insuranceproperty damage insuranceinsurancecarsboatsshipsplanestransport insuranceliability insurance
Organization
- CEO
- SP
- Chairman of the board
- ÅB
- Years since formation
- 11 years
- since Jun 8, 2015
- Type
- Public limited company
- VAT registered
- Yes
- Number of employees
- 58
Ownership
- Number of shares and share classes
- 897,098,834
- 1 share class
- Total number of shareholders
- 18
- 12 companies, 6 persons
Financials
- Total operating income 2025
- 427,452,000
- NOK
- Annual total result 2025
- -27,324,000
- NOK
- Total equity 2025
- 315,044,000
- NOK
Last update: Oct 12, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SP | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
ÅB | Chairman | - |
AO 1958 | Board Member | - |
HN | Board Member | - |
BH | Board Member | - |
HN 1982 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TS 1958 | - | 9.92 % indirectly |
LK | - | 4.27 % indirectly |
BK | - | 1.3 % indirectly |
| - | 1.21 % indirectly |
Last update: Nov 20, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 89,007,016 | 9.92 % | |
| Ordinary shares | 50,000,000 | 5.57 % | |
| Ordinary shares | 16,666,667 | 1.86 % | |
| Ordinary shares | 3,602,187 | 0.4 % | |
| Ordinary shares | 2,500,000 | 0.28 % | |
| Ordinary shares | 1,483,333 | 0.17 % | |
| Ordinary shares | 1,000,000 | 0.11 % | |
| Ordinary shares | 891,299 | 0.1 % | |
CP 1973 | Ordinary shares | 282,500 | 0.03 % |
| Ordinary shares | 150,000 | 0.02 % | |
| Ordinary shares | 150,000 | 0.02 % | |
AS 1970 | Ordinary shares | 150,000 | 0.02 % |
| Ordinary shares | 126,590 | < 0.01 % | |
| Ordinary shares | 99,000 | < 0.01 % | |
HK 1986 | Ordinary shares | 31,000 | < 0.01 % |
TØ | Ordinary shares | 27,439 | < 0.01 % |
QA | Ordinary shares | 27,439 | < 0.01 % |
| Ordinary shares | 4 | < 0.01 % |
Last update: Sep 25, 2026
Financials
in NOK
Summary
| Year | 2025 | 2024 |
|---|---|---|
Total operating income | 427,452,000 | 401,110,364 |
Annual Total Result | -27,324,000 | -49,842,497 |
Total assets | 1,669,688,000 | 1,407,122,903 |
Total liabilities | 1,354,644,000 | 1,164,755,642 |
Total equity | 315,044,000 | 242,367,261 |
P&L
| Year | 2025 | 2024 |
|---|---|---|
Total operating income | 427,452,000 | 401,110,364 |
Total operating costs | 474,097,000 | 481,750,073 |
Operating result | -46,645,000 | -80,639,709 |
Financial income/costs | 19,321,000 | 30,797,212 |
Profit before tax | -27,324,000 | -49,842,497 |
Total tax & extraordinary income/cost | 0 | 0 |
Annual Total Result | -27,324,000 | -49,842,497 |
Balance overview
| Year | 2025 | 2024 |
|---|---|---|
Total fixed assets | 20,003,000 | 16,717,006 |
Total current assets | 1,649,685,000 | 1,390,405,897 |
Total assets | 1,669,688,000 | 1,407,122,903 |
Short term debt | 396,599,000 | 350,714,788 |
Long term debt | 958,045,000 | 814,040,854 |
Total liabilities | 1,354,644,000 | 1,164,755,642 |
Contributed capital | 682,339,000 | 582,339,153 |
Retained earnings | -367,295,000 | -339,971,892 |
Total equity | 315,044,000 | 242,367,261 |
Total equity and liabilities | 1,669,688,000 | 1,407,122,903 |
Classification
21st company classification
BETA
Small company
Category
Type of organization
Public limited company
Standard industrial classification
K
Main industrial area
Financial and insurance activities
65
Activity
Insurance, reinsurance and pension funding, except compulsory social security
65.1
Main industrial group
Insurance
65.12
Industrial group
Non-life insurance
65.120
Industrial group
Non-life insurance