M VEST WATER AS

Operating

Forskning, utvikling og kommersialisering av produkter og tjenester for industriell og kommunal vannrensing, herunder også drikkevann, samt investering i tilsvarende virksomheter og annet som naturlig faller sammen med dette.

Forskning, utvikling og kommersialisering av produkter og tjenester for industriell og kommunal vannrensing, herunder også drikkevann.

Organization

CEO: TO
Tor Olav Gabrielsen1979
Chairman of the board: TO
Tor Olav Gabrielsen1979
Years since formation: 12 years; since Dec 20, 2014
Type: Limited company
VAT registered: Yes
Number of employees: 9

Ownership

Number of shares and share classes: 35,295,663; 1 share class
Total number of shareholders: 530; 81 companies, 449 persons

Financials

Total operating income 2025: 25,970,787; NOK
Annual total result 2025: -29,921,783; NOK
Total equity 2025: 30,232,053; NOK

Last update: Oct 13, 2026

Management

Management / administration

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

Board

Name	Role	Shares
TO Tor Olav Gabrielsen 1979	Chairman	-
RA Rune Aslak Gaasø 1955	Board Member	-
TO Tove Ormevik 1971	Board Member	-
SM Susanne Møgster Sperrevik 1972	Board Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-
Z ZENERA AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
MT Mohn Trond 1943	-	22.21 % indirectly
HO Haugland Oddvar 1985	-	14.07 % indirectly
HJ Hesthammer Jonny 1965	-	4.43 % indirectly
SA Stefatos Aristofanis 1974	-	3.38 % indirectly
LS Lothe Sigve 1981	-	3.15 % indirectly
ML Moldestad Lars 1965	-	2.37 % indirectly
NM Nilsen Morten 1969	-	1.76 % directly 0.07 % indirectly 1.69 %
MS Møgster Sperrevik Susanne 1972	-	1.69 % indirectly
KT Kåre Tufta Svein 1967	-	1.61 % directly 0.02 % indirectly 1.59 %
HK Haugland Kjell 1957	-	1.33 % indirectly

Last update: Apr 25, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
M M VEST INVEST AS	Ordinary shares	11,980,774	33.94 %
H HAUGLAND GRUPPEN AS	Ordinary shares	6,021,367	17.06 %
A ATLICHKA HOLDING AS	Ordinary shares	1,837,860	5.21 %
M M VEST ENERGY AS	Ordinary shares	1,766,667	5.01 %
S SLOTHE-HOLDING AS	Ordinary shares	1,110,886	3.15 %
S SK TUFTA HOLDING AS	Ordinary shares	561,000	1.59 %
N NORDNET LIVSFORSIKRING AS	Ordinary shares	551,187	1.56 %
J JARB HOLDING AS	Ordinary shares	425,752	1.21 %
S SILVERCOIN INDUSTRIES AS	Ordinary shares	400,000	1.13 %
G GALLARDO HOLDING AS	Ordinary shares	395,100	1.12 %
V VINTERSTUA AS	Ordinary shares	375,691	1.06 %
S STATTHAV AS	Ordinary shares	368,073	1.04 %
M M VEST AS	Ordinary shares	343,990	0.97 %
S SULEFJELL AS	Ordinary shares	300,000	0.85 %
V VIKEN CHARTERING AS	Ordinary shares	248,600	0.7 %
C COMMANDEER CAPITAL AS	Ordinary shares	200,000	0.57 %
K KINNA AS	Ordinary shares	178,281	0.51 %
N NH KAPITAL AS	Ordinary shares	142,500	0.4 %
M MOLASSET AS	Ordinary shares	128,079	0.36 %
TE Tore Ervik Stig 1960	Ordinary shares	115,576	0.33 %
E ERVIK TRADING AS	Ordinary shares	101,011	0.29 %
HK Høgestøl Kjetil 1974	Ordinary shares	79,464	0.23 %
M MALIANN AS	Ordinary shares	71,851	0.2 %
HJ Holten Jonas 1991	Ordinary shares	70,000	0.2 %
M MUEN INVEST AS	Ordinary shares	65,260	0.18 %
F FANAFJELL INVEST AS	Ordinary shares	60,000	0.17 %
F FREDRIKSTAD SPILLERINVEST AS	Ordinary shares	51,417	0.15 %
T TS-SUBSEA AS	Ordinary shares	50,950	0.14 %
OO Olav Ofstad John 1977	Ordinary shares	48,812	0.14 %
RB Risøy Bjordal Inge 1981	Ordinary shares	42,000	0.12 %
P PATAGONIA INVEST AS	Ordinary shares	40,000	0.11 %
VS Vika Stian 1991	Ordinary shares	37,145	0.11 %
DK Dluzen Kinga 1980	Ordinary shares	31,113	0.09 %
SL Sigfred Linde Hermund 1952	Ordinary shares	30,000	0.08 %
F FLATEN INVEST AS	Ordinary shares	29,496	0.08 %
HH Hassel Hans-Christian 1969	Ordinary shares	27,400	0.08 %
S SIX-SEVEN AS	Ordinary shares	27,302	0.08 %
P PROSJEKTKONSULT AS	Ordinary shares	27,000	0.08 %
M MEJS INVEST AS	Ordinary shares	26,432	0.07 %
W WNH INVEST AS	Ordinary shares	25,000	0.07 %
J JOHN KNUDSEN HOLDING AS	Ordinary shares	25,000	0.07 %
NM Nilsen Morten 1969	Ordinary shares	24,600	0.07 %
F FINNE INVEST AS	Ordinary shares	24,301	0.07 %
TO Toft Oddbjørn 1970	Ordinary shares	23,130	0.07 %
IJ Ingvald Jensen Ole 1976	Ordinary shares	23,000	0.07 %
OT Olestad Terje 1978	Ordinary shares	22,510	0.06 %
V VESTKAPP INVEST AS	Ordinary shares	21,227	0.06 %
BA Byre Andreas 1984	Ordinary shares	20,472	0.06 %
S SELACO AS	Ordinary shares	20,439	0.06 %
MK Martin Karlsen Knut 1996	Ordinary shares	20,056	0.06 %
TF Talmo Frode 1966	Ordinary shares	20,000	0.06 %
LØ Lønning Øystein 1984	Ordinary shares	20,000	0.06 %
RL Rasmus Lien Tor 1971	Ordinary shares	20,000	0.06 %
NI Nemeth Istvan 1965	Ordinary shares	20,000	0.06 %
N NEMETH FINANS AS	Ordinary shares	20,000	0.06 %
HØ Haugen Øyvind 1969	Ordinary shares	18,950	0.05 %
VM Viggo Mølmann Odd 1961	Ordinary shares	18,480	0.05 %
SA Stokke Arild 1969	Ordinary shares	18,000	0.05 %
S STELLA INVEST AS	Ordinary shares	17,500	0.05 %
R REVISOREN OG LEKTOREN AS	Ordinary shares	17,412	0.05 %
ØG Øye Gunnar 1965	Ordinary shares	16,400	0.05 %
N NORNE SECURITIES AS	Ordinary shares	15,992	0.05 %
N NORSK BIOGASSUBSTRAT AS	Ordinary shares	15,334	0.04 %
RØ Rafoss Øystein 1981	Ordinary shares	15,248	0.04 %
JB Johnsen Bjørg 1947	Ordinary shares	15,000	0.04 %
S STIAN L INVEST AS	Ordinary shares	15,000	0.04 %
T THRIKANE AS	Ordinary shares	15,000	0.04 %
ES Emil Strand Sigurd 1997	Ordinary shares	14,838	0.04 %
A A.R.H. HOLDING AS	Ordinary shares	14,017	0.04 %
RF Roald Førde Tor 1950	Ordinary shares	14,000	0.04 %
FF Fossen Frode 1980	Ordinary shares	13,640	0.04 %
FT Faksen Torbjørn 1971	Ordinary shares	13,000	0.04 %
C CLARIN AS	Ordinary shares	13,000	0.04 %
GD Grønningen Dag 1961	Ordinary shares	12,412	0.04 %
J JFIC AS	Ordinary shares	12,075	0.03 %
ET Evensen Torbjørn 1978	Ordinary shares	11,478	0.03 %
U UTHUS BRUK AS	Ordinary shares	11,412	0.03 %
GH Gunnar Herseth Lars 1975	Ordinary shares	11,000	0.03 %
AH Arne Hanakam Per 1964	Ordinary shares	10,979	0.03 %
CR Christian Rabben Hans 1969	Ordinary shares	10,761	0.03 %
RT Robberstad Tore 1962	Ordinary shares	10,660	0.03 %
AH Arne Haugland Pål 1971	Ordinary shares	10,472	0.03 %
AE Aanes Erlend 1979	Ordinary shares	10,341	0.03 %
ZT Zachariassen Tore 1965	Ordinary shares	10,300	0.03 %
JC Johnsen Cecilia-Adriana 1970	Ordinary shares	10,059	0.03 %
HT Hilton Thomassen Morten 1974	Ordinary shares	10,000	0.03 %
JE Jarle Espeland Stig 1964	Ordinary shares	10,000	0.03 %
K K2 CAPITAL AS	Ordinary shares	10,000	0.03 %
M MIDDELBOE AS	Ordinary shares	10,000	0.03 %
DH Døskeland Hermann 1949	Ordinary shares	10,000	0.03 %
M MALTHO AS	Ordinary shares	10,000	0.03 %
GG Gunnar Gjelland Ole 1962	Ordinary shares	9,900	0.03 %
TH Tore Halland Hans 1970	Ordinary shares	9,840	0.03 %
D DVALE FJELLSTUE AS	Ordinary shares	9,400	0.03 %
S SCENESKREKK AS	Ordinary shares	9,400	0.03 %
OE Otto Eliassen Bjørn 1960	Ordinary shares	9,200	0.03 %
SR Størksen Roger 1979	Ordinary shares	8,690	0.02 %
ES Endre Skårvik Per 1978	Ordinary shares	8,445	0.02 %
E ERVIK HAVFISKE HOLDING AS	Ordinary shares	8,040	0.02 %
ÅG Åsveen Grunde 1988	Ordinary shares	8,000	0.02 %

Last update: Sep 25, 2026

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	25,970,787	22,628,640	10,833,417	1,817,157	436,436
Annual Total Result	-29,921,783	-19,237,992	-25,346,021	-28,409,899	-27,175,764
Total assets	38,379,111	48,196,009	44,762,296	67,478,953	97,800,860
Total liabilities	8,147,058	9,132,619	14,269,425	12,483,913	14,324,155
Total equity	30,232,053	39,063,390	30,492,871	54,995,040	83,476,706

P&L

Year	2025	2024	2023	2022	2021
Total operating income	25,970,787	22,628,640	10,833,417	1,817,157	436,436
Total operating costs	36,859,539	41,885,293	36,234,536	29,929,657	26,893,201
Operating result	-10,888,752	-19,256,653	-25,401,119	-28,112,500	-26,456,765
Financial income/costs	-19,033,031	18,661	55,098	-297,399	-718,999
Profit before tax	-29,921,783	-19,237,992	-25,346,021	-28,409,899	-27,175,764
Total tax & extraordinary income/cost	0	0	0	0	0
Annual Total Result	-29,921,783	-19,237,992	-25,346,021	-28,409,899	-27,175,764

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	31,877,407	42,682,028	35,819,273	29,073,228	15,789,664
Total current assets	6,501,704	5,513,981	8,943,023	38,405,725	82,011,196
Total assets	38,379,111	48,196,009	44,762,296	67,478,953	97,800,860
Short term debt	7,888,382	8,610,379	11,950,169	7,963,875	11,285,403
Long term debt	258,676	522,240	2,319,256	4,520,038	3,038,752
Total liabilities	8,147,058	9,132,619	14,269,425	12,483,913	14,324,155
Contributed capital	30,232,053	39,063,390	30,492,871	54,995,040	83,476,706
Retained earnings	0	0	0	0	0
Total equity	30,232,053	39,063,390	30,492,871	54,995,040	83,476,706
Total equity and liabilities	38,379,111	48,196,009	44,762,296	67,478,953	97,800,860

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

Standard industrial classification

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