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Q

QWAVE AS916 264 674

Limited company
Kvernevik Ring 177 4048 HAFRSFJORD, Norge

QWAVE AS

Operating
Forskning, utvikling og kommersialisering av produkter og tjenester innen lagring av CO2, olje og gass, konsulentvirksomhet, medvirke i andre selskaper innen samme virksomhet, samt alt som hører naturlig til dette.
Utvikling og kommersialisering av teknologiske produkter og tjenester, konsulentvirksomhet, investeringsvirksomhet innenfor oljeindustrien.

Organization

CEO
JO

Jan Ove Nesvik1968

Chairman of the board
FG

Frederik Georg Hvistendahl1958

Years since formation
11 years
since Nov 19, 2015
Type
Limited company
VAT registered
Yes
Number of employees
5

Ownership

Number of shares and share classes
673,632
1 share class
Total number of shareholders
13
9 companies, 4 persons

Financials

Total operating income 2025
21,071,419
NOK
Annual total result 2025
328,048
NOK
Total equity 2025
3,726,839
NOK
Last update: Aug 11, 2026

Management

Management / administration

NameRoleShares
JO

Jan Ove Nesvik

1968

Managing Director/CEO
5.97 %
directly

Board

NameRoleShares
FG

Frederik Georg Hvistendahl

1958

Chairman-
HP

Hans Petter Eng

1971

Board Member
35.55 %
indirectly
MW

Mona Winge

1970

Alternate Member-
DL

David Lysne

1962

Alternate Member-
EA

Eivind Aslaksen

1972

Alternate Member
3.07 %
directly 0.94 %
indirectly 2.13 %
OB

Oluf Bergsvik

1972

Board Member
2.13 %
indirectly
JL

Johannes Løyning

1977

Board Member-

Others

NameRoleShares
E
ERGA REVISJON AS
Auditor-
A
AIDER AS
Accountant-

Top 10 individual shareholders

NameRoleShares
HP

Hans Petter Eng

1971

Board Member
35.55 %
indirectly
JO

Jan Ove Nesvik

1968

Managing Director/CEO
5.97 %
directly
EA

Eivind Aslaksen

1972

Alternate Member
3.07 %
directly 0.94 %
indirectly 2.13 %
AS

Atle Stian Vaaland

1973

-
2.13 %
indirectly
OB

Oluf Bergsvik

1972

Board Member
2.13 %
indirectly
IG

Ingvar Grannes

1971

-
1.88 %
indirectly
WC

Willy Clarke

1966

-
1.25 %
indirectly
KR

Kjell Ramsli

1968

-
1.24 %
indirectly
Last update: Oct 29, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
P
PRODEON AS
Ordinary shares
239,504
35.55 %
P
PROVENTURE SEED II AS
Ordinary shares
195,240
28.98 %
A
ADVANCED CONTROL AS
Ordinary shares
68,412
10.16 %
JO

Jan Ove Nesvik

1968

Ordinary shares
40,213
5.97 %
V
VALIDÉ AS
Ordinary shares
36,451
5.41 %
V
VALIDÉ INVEST I AS
Ordinary shares
22,938
3.41 %
B
BS FINANS AS
Ordinary shares
14,361
2.13 %
H
HILDR AS
Ordinary shares
14,361
2.13 %
H
HOLMRYGER KAPITALFORVALTNING AS
Ordinary shares
14,361
2.13 %
S
STAVANGER KAPITALFORVALTNING AS
Ordinary shares
12,664
1.88 %
EA

Eivind Aslaksen

1972

Ordinary shares
6,332
0.94 %
JS

Jak Stene

1964

Ordinary shares
6,332
0.94 %
AG

Ajeet Ganesh Kamath

1978

Ordinary shares
2,463
0.37 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
21,071,419
10,300,471
6,337,684
5,115,817
3,075,497
Annual Total Result
328,048
-89,611
-1,646,746
-3,034,223
-1,152,851
Total assets
20,581,941
19,514,736
15,842,179
16,184,409
11,663,881
Total liabilities
16,855,102
16,115,945
15,570,787
14,266,271
6,711,520
Total equity
3,726,839
3,398,791
271,392
1,918,138
4,952,361

P&L

Year20252024202320222021
Total operating income
21,071,419
10,300,471
6,337,684
5,115,817
3,075,497
Total operating costs
21,178,511
10,455,740
7,692,635
8,008,913
4,231,673
Operating result
-107,092
-155,269
-1,354,951
-2,893,096
-1,156,176
Financial income/costs
435,140
65,658
-291,795
-141,127
3,325
Profit before tax
328,048
-89,611
-1,646,746
-3,034,223
-1,152,851
Total tax & extraordinary income/cost
0
0
0
0
0
Annual Total Result
328,048
-89,611
-1,646,746
-3,034,223
-1,152,851

Balance overview

Year20252024202320222021
Total fixed assets
5,068,378
7,366,621
7,388,521
6,945,950
6,011,708
Total current assets
15,513,563
12,148,115
8,453,657
9,238,459
5,652,173
Total assets
20,581,941
19,514,736
15,842,179
16,184,409
11,663,881
Short term debt
10,355,102
9,615,945
2,820,583
2,166,271
2,711,520
Long term debt
6,500,000
6,500,000
12,750,204
12,100,000
4,000,000
Total liabilities
16,855,102
16,115,945
15,570,787
14,266,271
6,711,520
Contributed capital
3,398,791
3,398,791
351,931
1,918,138
4,952,361
Retained earnings
328,048
0
-80,539
0
0
Total equity
3,726,839
3,398,791
271,392
1,918,138
4,952,361
Total equity and liabilities
20,581,941
19,514,736
15,842,179
16,184,409
11,663,881

Classification

21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises