M VEST WATER AS

Organization

CEO: TO
Tor Olav Gabrielsen1979
Chairman of the board: TO
Tor Olav Gabrielsen1979
Years since formation: 11 years; since Dec 20, 2014
Type: Limited company
VAT registered: Yes
Number of employees: 10

Ownership

Number of shares and share classes: 32,717,827; 1 share class
Total number of shareholders: 572; 81 companies, 491 persons

Financials

Total operating income 2024: 22,628,640; NOK
Annual total result 2024: -19,237,992; NOK
Total equity 2024: 39,063,390; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
TO Tor Olav Gabrielsen 1979	Managing Director/CEO	-

Board

Name	Role	Shares
AM Atle Mundheim 1958	Board Member	5.62 % indirectly
TO Tor Olav Gabrielsen 1979	Chairman	-
RA Rune Aslak Gaasø 1955	Board Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-
C CLOUD CONTROLLER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
TM Trond Mohn 1943	-	20.4 % indirectly
OH Oddvar Haugland 1985	-	13.52 % indirectly
AM Atle Mundheim 1958	Board Member	5.62 % indirectly
JH Jonny Hesthammer 1965	-	4.35 % indirectly
SL Sigve Lothe 1981	-	3.4 % indirectly
AS Aristofanis Stefatos 1974	-	3.32 % indirectly
SK Svein Kåre Tufta 1967	-	2.41 % directly 0.02 % indirectly 2.4 %
LM Lars Moldestad 1965	-	2.19 % indirectly
MN Morten Nilsen 1969	-	1.72 % directly 0.06 % indirectly 1.66 %
SM Susanne Møgster Sperrevik 1972	-	1.66 % indirectly

Last update: Aug 5, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
M M VEST INVEST AS	NO0010976343	11,062,216	33.81 %
H HAUGLAND GRUPPEN AS	NO0010976343	5,362,089	16.39 %
MS Morgan Se Jp	NO0010976343	2,688,000	8.22 %
A ATLICHKA HOLDING AS	NO0010976343	1,837,860	5.62 %
BP Bank Pictet Cie Europe Ag	NO0010976343	1,602,471	4.9 %
M M VEST ENERGY AS	NO0010976343	1,366,667	4.18 %
S SLOTHE-HOLDING AS	NO0010976343	1,110,886	3.4 %
S SK TUFTA HOLDING AS	NO0010976343	783,831	2.4 %
MS Morgan Se Jp	NO0010976343	590,517	1.8 %
N NORDNET LIVSFORSIKRING AS	NO0010976343	529,423	1.62 %
J JARB HOLDING AS	NO0010976343	425,752	1.3 %
S SILVERCOIN INDUSTRIES AS	NO0010976343	400,000	1.22 %
G GALLARDO HOLDING AS	NO0010976343	395,100	1.21 %
S STATTHAV AS	NO0010976343	363,073	1.11 %
M M VEST AS	NO0010976343	331,990	1.01 %
S SULEFJELL AS	NO0010976343	300,000	0.92 %
V VIKEN CHARTERING AS	NO0010976343	248,600	0.76 %
V VINTERSTUA AS	NO0010976343	205,454	0.63 %
K KINNA AS	NO0010976343	178,281	0.54 %
MS Morgan Se Jp	NO0010976343	157,459	0.48 %
ST Stig Tore Ervik 1960	NO0010976343	125,926	0.38 %
M MOLASSET AS	NO0010976343	120,079	0.37 %
E ERVIK TRADING AS	NO0010976343	111,011	0.34 %
M MUEN INVEST AS	NO0010976343	103,500	0.32 %
ZM Zanna Marinovskaja 1961	NO0010976343	100,000	0.31 %
N NH KAPITAL AS	NO0010976343	80,000	0.24 %
M MALIANN AS	NO0010976343	71,851	0.22 %
JH Jonas Holten 1991	NO0010976343	68,000	0.21 %
F FANAFJELL INVEST AS	NO0010976343	60,000	0.18 %
KH Kjetil Høgestøl 1974	NO0010976343	54,165	0.17 %
JO John Olav Ofstad 1977	NO0010976343	47,812	0.15 %
IR Inge Risøy Bjordal 1981	NO0010976343	41,000	0.13 %
T TS-SUBSEA AS	NO0010976343	40,800	0.12 %
P PATAGONIA INVEST AS	NO0010976343	40,000	0.12 %
PS Per Sindre T Aaland 1984	NO0010976343	36,931	0.11 %
A A.R.H. HOLDING AS	NO0010976343	33,568	0.1 %
KD Kinga Dluzen 1980	NO0010976343	31,113	0.1 %
HS Hermund Sigfred Linde 1952	NO0010976343	30,000	0.09 %
F FLATEN INVEST AS	NO0010976343	29,496	0.09 %
CB Clearstream Banking S.a.	NO0010976343	28,596	0.09 %
P PROSJEKTKONSULT AS	NO0010976343	27,000	0.08 %
M MEJS INVEST AS	NO0010976343	26,432	0.08 %
OV Odd Viggo Mølmann 1961	NO0010976343	25,076	0.08 %
W WNH INVEST AS	NO0010976343	25,000	0.08 %
J JOHN KNUDSEN HOLDING AS	NO0010976343	25,000	0.08 %
F FINNE INVEST AS	NO0010976343	24,301	0.07 %
OI Ole Ingvald Jensen 1976	NO0010976343	23,119	0.07 %
TO Terje Olestad 1978	NO0010976343	22,510	0.07 %
V VESTKAPP INVEST AS	NO0010976343	21,227	0.06 %
MN Morten Nilsen 1969	NO0010976343	20,700	0.06 %
BS Bård Skeie 1983	NO0010976343	20,280	0.06 %
RO Rene Olsen Kartveit 1983	NO0010976343	20,000	0.06 %
FT Frode Talmo 1966	NO0010976343	20,000	0.06 %
N NEMETH FINANS AS	NO0010976343	20,000	0.06 %
IN Istvan Nemeth 1965	NO0010976343	20,000	0.06 %
AB Andreas Byre 1984	NO0010976343	19,745	0.06 %
BA Bank Ab Nordnet	NO0010976343	19,624	0.06 %
ØH Øyvind Haugen 1969	NO0010976343	18,950	0.06 %
ØL Øystein Lønning 1984	NO0010976343	18,500	0.06 %
AS Arild Stokke 1969	NO0010976343	18,000	0.06 %
S STELLA INVEST AS	NO0010976343	17,500	0.05 %
N NORSK BIOGASSUBSTRAT AS	NO0010976343	15,334	0.05 %
ØR Øystein Rafoss 1981	NO0010976343	15,248	0.05 %
BJ Bjørg Johnsen 1947	NO0010976343	15,000	0.05 %
S STIAN L INVEST AS	NO0010976343	15,000	0.05 %
T THRIKANE AS	NO0010976343	15,000	0.05 %
H HILDE INVEST AS	NO0010976343	14,140	0.04 %
FF Frode Fossen 1980	NO0010976343	13,640	0.04 %
K K2 CAPITAL AS	NO0010976343	13,000	0.04 %
C CLARIN AS	NO0010976343	13,000	0.04 %
A AWESOME HOLDING AS	NO0010976343	13,000	0.04 %
TF Torbjørn Faksen 1971	NO0010976343	12,000	0.04 %
OT Oddbjørn Toft 1970	NO0010976343	11,700	0.04 %
TE Torbjørn Evensen 1978	NO0010976343	11,478	0.04 %
N NORNE SECURITIES AS	NO0010976343	11,200	0.03 %
LG Lars Gunnar Herseth 1975	NO0010976343	11,000	0.03 %
PA Per Arne Hanakam 1964	NO0010976343	10,979	0.03 %
HC Hans Christian Rabben 1969	NO0010976343	10,761	0.03 %
TR Tore Robberstad 1962	NO0010976343	10,660	0.03 %
SE Sigurd Emil Strand 1997	NO0010976343	10,571	0.03 %
PA Pål Arne Haugland 1971	NO0010976343	10,472	0.03 %
EA Erlend Aanes 1979	NO0010976343	10,341	0.03 %
GØ Gunnar Øye 1965	NO0010976343	10,200	0.03 %
HH Hans-Christian Hassel 1969	NO0010976343	10,116	0.03 %
CJ Cecilia-Adriana Johnsen 1970	NO0010976343	10,059	0.03 %
SJ Stig Jarle Espeland 1964	NO0010976343	10,000	0.03 %
HD Hermann Døskeland 1949	NO0010976343	10,000	0.03 %
TB The Bank Of New York Mellon Sa/Nv	NO0010976343	10,000	0.03 %
MH Morten Hilton Thomassen 1974	NO0010976343	10,000	0.03 %
M MALTHO AS	NO0010976343	10,000	0.03 %
TZ Tore Zachariassen 1965	NO0010976343	10,000	0.03 %
OG Ole Gunnar Gjelland 1962	NO0010976343	9,900	0.03 %
AR Are Roger Halvorsen 1972	NO0010976343	9,900	0.03 %
HT Hans Tore Halland 1970	NO0010976343	9,840	0.03 %
AI Amjid Iqbal 1966	NO0010976343	8,833	0.03 %
MS Morgan Securities Plc Jp	NO0010976343	8,387	0.03 %
E ERVIK HAVFISKE HOLDING AS	NO0010976343	8,040	0.02 %
ST Stein Totland 1953	NO0010976343	7,500	0.02 %
PE Per Endre Skårvik 1978	NO0010976343	7,300	0.02 %
O ORIC CONSULTING AS	NO0010976343	7,000	0.02 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	22,628,640	10,833,417	1,817,157	436,436
Annual Total Result	-19,237,992	-25,346,021	-28,409,899	-27,175,764
Total assets	48,196,009	44,762,296	67,478,953	97,800,860
Total liabilities	9,132,619	14,269,425	12,483,913	14,324,155
Total equity	39,063,390	30,492,871	54,995,040	83,476,706

P&L

Year	2024	2023	2022	2021
Total operating income	22,628,640	10,833,417	1,817,157	436,436
Total operating costs	41,885,293	36,234,536	29,929,657	26,893,201
Operating result	-19,256,653	-25,401,119	-28,112,500	-26,456,765
Financial income/costs	18,661	55,098	-297,399	-718,999
Profit before tax	-19,237,992	-25,346,021	-28,409,899	-27,175,764
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	-19,237,992	-25,346,021	-28,409,899	-27,175,764

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	42,682,028	35,819,273	29,073,228	15,789,664
Total current assets	5,513,981	8,943,023	38,405,725	82,011,196
Total assets	48,196,009	44,762,296	67,478,953	97,800,860
Short term debt	8,610,379	11,950,169	7,963,875	11,285,403
Long term debt	522,240	2,319,256	4,520,038	3,038,752
Total liabilities	9,132,619	14,269,425	12,483,913	14,324,155
Contributed capital	39,063,390	30,492,871	54,995,040	83,476,706
Retained earnings	0	0	0	0
Total equity	39,063,390	30,492,871	54,995,040	83,476,706
Total equity and liabilities	48,196,009	44,762,296	67,478,953	97,800,860

Classification

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

M VEST WATER AS914 631 408

M VEST WATER AS

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Financials

Summary

P&L

Balance overview

Classification