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X

X GAS AS915 123 953

Energy production
Limited company
Fanavegen 289B 5244 FANA, Norge

X GAS AS

Operating
Utvikling og kommersialisering av naturvennlig teknologi for fremstilling av verdifulle produkter fra naturgass samt det som naturlig står i forbindelse med dette.
Konvertering av naturgass og andre hydrokarboner til verdifulle og naturvennlige karbon- og hydrogenprodukter, bl. a. i forbindelse med energiprosesser og miljøvennlig industri. Først F&U, så oppskallering og industriell virksomhet for salg av fremtidsrettede produkter og tjenester basert på egen karbon- og hydrogen teknologi.

Keywords

productiongasfuelsnatural gascoal gaswater gas

Organization

Chairman of the board
TU

Torvald Ulland Reiestad1980

Years since formation
11 years
since Mar 17, 2015
Type
Limited company
VAT registered
Yes
Number of employees
5

Ownership

Number of shares and share classes
365,554
1 share class
Total number of shareholders
44
25 companies, 19 persons

Financials

Annual total result 2025
-1,371,156
NOK
Total equity 2025
8,549,962
NOK
Last update: Sep 21, 2026

Management

Board

NameRoleShares
TU

Torvald Ulland Reiestad

1980

Chairman-
SG

Sidsel Godal

1968

Board Member-
EE

Erik Espeset

1966

Alternate Member-
AG

Arne Godal

1946

Alternate Member-
HN

Henning Nordgulen

1965

Board Member-
DN

Dorte Nørgaard Madsen

1972

Board Member-
TH

Tor Helge Valen

1960

Board Member-
MB

Matthias Brunner

1986

Alternate Member-

Others

NameRoleShares
F
FORUM REVISJON AS
Auditor-
N
NORDNES REGNSKAP AS
Accountant-

Top 10 individual shareholders

NameRoleShares
AN

Angell Nilsen Agnar

1943

-
14.45 %
directly
GA

Godal Arne

1946

-
14.45 %
directly
FB

Finne Brit

1944

-
5.88 %
indirectly
NO

Nygaard Ole

1952

-
4.51 %
indirectly
EE

Espeset Erik

1966

-
3.98 %
directly
NH

Nordgulen Henning

1965

-
3.97 %
indirectly
HU

Helge Utkilen Alf

1945

-
3.67 %
directly
UR

Ulland Reiestad Torvald

1980

-
3.57 %
indirectly
GT

Godal Tore

1971

-
3.15 %
directly
KV

Kleppe Vidar

1965

-
3.03 %
indirectly
Last update: Aug 26, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
GA

Godal Arne

1946

Ordinary shares
52,810
14.45 %
AN

Angell Nilsen Agnar

1943

Ordinary shares
52,810
14.45 %
H
H.P. FINNE AS
Ordinary shares
21,500
5.88 %
O
ONYX AS
Ordinary shares
16,500
4.51 %
EE

Espeset Erik

1966

Ordinary shares
14,560
3.98 %
N
NORTH HILL INVEST AS
Ordinary shares
14,500
3.97 %
HU

Helge Utkilen Alf

1945

Ordinary shares
13,400
3.67 %
S
STEINGARD CAPITAL AS
Ordinary shares
13,050
3.57 %
GT

Godal Tore

1971

Ordinary shares
11,520
3.15 %
I
ISBESA HOLDING & INVEST AS
Ordinary shares
11,086
3.03 %
LA

Løno Asgeir

1980

Ordinary shares
11,000
3.01 %
HT

Håkstad Thor

1946

Ordinary shares
11,000
3.01 %
A
ARABESK INVEST AS
Ordinary shares
10,250
2.8 %
NM

Nørgaard Madsen Dorte

1972

Ordinary shares
10,000
2.74 %
LK

Lien Karstein

1947

Ordinary shares
10,000
2.74 %
T
TEBINA ENERGI AS
Ordinary shares
10,000
2.74 %
CH

Carlsen Henrik

1946

Ordinary shares
8,100
2.22 %
S
SIVILARKITEKT TOR HELGE VALEN AS
Ordinary shares
7,500
2.05 %
A
AS REGULATOR
Ordinary shares
6,000
1.64 %
Z
ZIRCONIA AS
Ordinary shares
5,000
1.37 %
H
HYNANO ASA
Ordinary shares
5,000
1.37 %
FT

Fyllingen Tore

1954

Ordinary shares
4,000
1.09 %
D
DYBWAD-OLSEN AS
Ordinary shares
2,750
0.75 %
T
THOMAS KJELDSBERG AS
Ordinary shares
2,500
0.68 %
K
KJELDSBERG AS
Ordinary shares
2,500
0.68 %
HV

Helge Valen Tor

1960

Ordinary shares
2,500
0.68 %
T
TOWED INVEST AS
Ordinary shares
2,400
0.66 %
A
ALGINOR ASA
Ordinary shares
2,400
0.66 %
HJ

Hanstveit Jon

1950

Ordinary shares
2,200
0.6 %
LB

Lien Bjarte

1973

Ordinary shares
2,200
0.6 %
GS

Godal Sidsel

1968

Ordinary shares
2,025
0.55 %
M
MOEMO AS
Ordinary shares
2,000
0.55 %
F
FREEMAN SHIPPING & OFFSHORE AS
Ordinary shares
2,000
0.55 %
LR

Lien Roar

1974

Ordinary shares
1,000
0.27 %
H
HELTOR AS
Ordinary shares
1,000
0.27 %
WJ

Walle-Hansen Jørgen

1942

Ordinary shares
1,000
0.27 %
M
MOCEAN INVEST AS
Ordinary shares
1,000
0.27 %
S
SONETA AS
Ordinary shares
800
0.22 %
4
4ADA AS
Ordinary shares
800
0.22 %
F
FIRST MILE AS
Ordinary shares
800
0.22 %
K
KRÅEN INVEST AS
Ordinary shares
800
0.22 %
T
TERUEL AS
Ordinary shares
500
0.14 %
VE

Vidhammer Espeset Tord

1999

Ordinary shares
360
0.1 %
VE

Vidhammer Espeset Erland

2001

Ordinary shares
360
0.1 %
Last update: Sep 25, 2026

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
0
0
75,000
0
0
Annual Total Result
-1,371,156
-1,769,506
-1,003,255
-2,086,114
-1,166,586
Total assets
13,210,738
11,599,449
10,859,798
10,117,623
7,948,851
Total liabilities
4,660,776
2,008,332
791,125
990,696
277,009
Total equity
8,549,962
9,591,117
10,068,673
9,126,927
7,671,842

P&L

Year20252024202320222021
Total operating income
0
0
75,000
0
0
Total operating costs
1,183,938
1,767,469
1,079,189
2,086,114
1,166,485
Operating result
-1,183,938
-1,767,469
-1,004,189
-2,086,114
-1,166,485
Financial income/costs
-187,218
-2,037
934
0
-101
Profit before tax
-1,371,156
-1,769,506
-1,003,255
-2,086,114
-1,166,586
Total tax & extraordinary income/cost
0
0
0
0
0
Annual Total Result
-1,371,156
-1,769,506
-1,003,255
-2,086,114
-1,166,586

Balance overview

Year20252024202320222021
Total fixed assets
12,369,874
10,863,069
10,485,242
9,123,122
4,677,698
Total current assets
840,864
736,380
374,556
994,501
3,271,153
Total assets
13,210,738
11,599,449
10,859,798
10,117,623
7,948,851
Short term debt
3,360,776
2,008,332
791,125
990,696
277,009
Long term debt
0
0
0
0
0
Total liabilities
4,660,776
2,008,332
791,125
990,696
277,009
Contributed capital
12,693,878
12,363,878
11,071,928
9,126,927
7,671,842
Retained earnings
-4,143,916
-2,772,761
-1,003,255
0
0
Total equity
8,549,962
9,591,117
10,068,673
9,126,927
7,671,842
Total equity and liabilities
13,210,738
11,599,449
10,859,798
10,117,623
7,948,851

Classification

21st company classification
BETA
Scaleup
Category
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
D
Main industrial area
Electricity, gas, steam and air conditioning supply
35
Activity
Electricity, gas, steam and air conditioning supply
35.2
Main industrial group
Manufacture of gas; distribution of gaseous fuels through mains
35.21
Industrial group
Manufacture of gas
35.210
Industrial group
Manufacture of gas