ALGENA DEVELOPMENTS AS

Operating

Utvikle og etablere konsepter innen sirkulær økonomi. Levere kompetanse og rådgivningstjenester.

Utvikle teknologi innen mikroalgeproduksjon og andre sirkulære næringer. Utvikling av hardwareløsninger, design, programmerings- og styringstjenester, kunstig intelligens og maskinlæring, automasjon.

Organization

Chairman of the board: FS
Fredrik Schmidt Fotland1973
Years since formation: 3 years; since Nov 10, 2022
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 1,180,000; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Annual total result 2024: -8,835; NOK
Total equity 2024: 77,856; NOK

Last update: Sep 9, 2025

Management

Board

Name	Role	Shares
CJ Carl Johan Olle Axel Aulin 1988	Contact Person, Board Member	42.37 % indirectly
FS Fredrik Schmidt Fotland 1973	Chairman	20.97 % indirectly
EW Even Wick Kvalvaag 1990	Board Member	3.81 % indirectly
NW Nikolai William Blakstad Paus 1997	Board Member	-
KS Karoline Saubrekka 1988	Board Member	-

Top 10 individual shareholders

Name	Role	Shares
CJ Carl Johan Olle Axel Aulin 1988	Contact Person, Board Member	42.37 % indirectly
SS Siri-Linn Schmidt Fotland 1980	-	20.97 % indirectly
FS Fredrik Schmidt Fotland 1973	Chairman	20.97 % indirectly
BH Berit Haver 1960	-	4.24 % indirectly
EW Even Wick Kvalvaag 1990	Board Member	3.81 % indirectly
CS Christian Schmidt Fotland 1988	-	3.81 % indirectly
EH Eirik Haustveit 1988	-	3.81 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
A ALGENA AS	Ordinary shares	1,000,000	84.75 %
N NOVITECH AS	Ordinary shares	180,000	15.25 %

Last update: Jun 2, 2025

Group structure

ALGENA AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -6,649
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022
Total operating income	0	0	0
Annual Total Result	-8,835	-85,030	-2,710
Total assets	85,443	89,191	171,720
Total liabilities	7,588	2,500	0
Total equity	77,856	86,691	171,720

P&L

Year	2024	2023	2022
Total operating income	0	0	0
Total operating costs	9,234	85,030	2,710
Operating result	-9,234	-85,030	-2,710
Financial income/costs	399	0	0
Profit before tax	-8,835	-85,030	-2,710
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-8,835	-85,030	-2,710

Balance overview

Year	2024	2023	2022
Total fixed assets	80,660	71,990	1,330
Total current assets	4,783	17,201	170,390
Total assets	85,443	89,191	171,720
Short term debt	1,418	2,500	0
Long term debt	6,170	0	0
Total liabilities	7,588	2,500	0
Contributed capital	180,000	180,000	174,430
Retained earnings	-102,144	-93,309	-2,710
Total equity	77,856	86,691	171,720
Total equity and liabilities	85,444	89,191	171,720

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

ALGENA DEVELOPMENTS AS930 211 397