ECO MATERIALS AS
Organization
- CEO
- TW
Tommy Walvåg1972
- Chairman of the board
- FT
Frode Thun1959
- Years since formation
- 9 years
- since Jul 27, 2016
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 54,877
- 1 share class
- Total number of shareholders
- 18
- 13 companies, 5 persons
Financials
- Total operating income 2024
- 7,974,831
- NOK
- Annual total result 2024
- -6,005,125
- NOK
- Total equity 2024
- 14,213,150
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TW 1972 | Managing Director/CEO | 7.6 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
LW 1970 | Board Member | 9.66 % indirectly |
FT 1959 | Chairman | 7.67 % indirectly |
MB | Board Member | 14.59 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TS 1954 | - | 15.19 % indirectly |
MB | Board Member | 14.59 % indirectly |
LW 1970 | Board Member | 9.66 % indirectly |
HG 1959 | - | 9.66 % indirectly |
FT 1959 | Chairman | 7.67 % indirectly |
TW 1972 | Managing Director/CEO | 7.6 % indirectly |
ER 1947 | - | 6.38 % indirectly |
CN | - | 2.53 % indirectly |
OC | - | 2.53 % indirectly |
ET 1961 | - | 2.52 % indirectly |
Last update: Oct 28, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 11,194 | 20.4 % | |
| Ordinary shares | 11,000 | 20.04 % | |
| Ordinary shares | 6,951 | 12.67 % | |
| Ordinary shares | 5,597 | 10.2 % | |
| Ordinary shares | 3,844 | 7 % | |
| Ordinary shares | 3,500 | 6.38 % | |
| Ordinary shares | 2,800 | 5.1 % | |
| Ordinary shares | 1,500 | 2.73 % | |
| Ordinary shares | 1,425 | 2.6 % | |
EA | Ordinary shares | 1,120 | 2.04 % |
| Ordinary shares | 1,035 | 1.89 % | |
| Ordinary shares | 1,025 | 1.87 % | |
| Ordinary shares | 1,025 | 1.87 % | |
| Ordinary shares | 1,024 | 1.87 % | |
| Ordinary shares | 750 | 1.37 % | |
| Ordinary shares | 550 | 1 % | |
| Ordinary shares | 317 | 0.58 % | |
MH 1975 | Ordinary shares | 220 | 0.4 % |
Shares owned by the ECO MATERIALS AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,425 | 2.6 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 7,974,831 | 2,972,215 | 289,225 | 285,011 |
Annual Total Result | -6,005,125 | -4,550,765 | -1,259,984 | -470,624 |
Total assets | 17,066,202 | 14,017,422 | 5,781,334 | 1,902,418 |
Total liabilities | 2,853,052 | 5,139,147 | 2,901,382 | 1,782,840 |
Total equity | 14,213,150 | 8,878,275 | 2,879,952 | 119,578 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 7,974,831 | 2,972,215 | 289,225 | 285,011 |
Total operating costs | 13,983,948 | 7,417,644 | 1,531,706 | 766,876 |
Operating result | -6,009,117 | -4,445,429 | -1,242,480 | -481,865 |
Financial income/costs | 3,992 | -105,337 | -17,504 | 11,241 |
Profit before tax | -6,005,125 | -4,550,765 | -1,259,984 | -470,624 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -6,005,125 | -4,550,765 | -1,259,984 | -470,624 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 14,065,598 | 11,964,819 | 2,740,329 | 1,731,460 |
Total current assets | 3,000,604 | 2,052,603 | 3,041,005 | 170,958 |
Total assets | 17,066,202 | 14,017,422 | 5,781,334 | 1,902,418 |
Short term debt | 1,853,052 | 2,086,629 | 2,901,382 | 1,782,840 |
Long term debt | 1,000,000 | 3,052,518 | 0 | 0 |
Total liabilities | 2,853,052 | 5,139,147 | 2,901,382 | 1,782,840 |
Contributed capital | 26,968,666 | 15,628,666 | 5,017,466 | 119,578 |
Retained earnings | -12,755,516 | -6,750,392 | -2,137,514 | 0 |
Total equity | 14,213,150 | 8,878,275 | 2,879,952 | 119,578 |
Total equity and liabilities | 17,066,202 | 14,017,422 | 5,781,334 | 1,902,418 |
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