ECOFRIC AS

Under liquidation: 08/24/2026, Insolvency proceedings

Liquidation estate:

Software- og kompetanseselskap som hjelper norske og europeiske bedrifter, organisasjoner, kommunale og offentlige etater med å øke forståelsen og gjennomføringen av bærekraftmål. Selskapet skal også formidle egne konsulenter og videreselge innleide konsulenter. I tillegg hjelper vi spesielt bank- og finansbransjen med miljøvennlige tiltak som støtter opp under miljøtiltak/bærekraftmål.

Utvikling av software. Konsulentvirksomhet vedrørende maskinvare, programvare og informasjonsteknologi, samt opplæring.

Organization

Chairman of the board: LS
Lars Sandtorv1964
Years since formation: 6 years; since Mar 24, 2020
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 457,133; 1 share class
Total number of shareholders: 156; 28 companies, 128 persons
Belongs to group of

Financials

Annual total result 2025: -236,493; NOK
Total equity 2025: -1,412,868; NOK

Last update: Aug 29, 2026

Management

Board

Name	Role	Shares
LS Lars Sandtorv 1964	Chairman	-
GN Geir Norlund 1957	Board Member	-
SS Sebastian Sandtorv 1991	Board Member	-

Others

Name	Role	Shares
R RANDI REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
SL Sandtorv Lars 1964	-	66.02 % indirectly
SS Sandtorv Sebastian 1991	-	7.44 % indirectly
NG Norlund Geir 1957	-	4.74 % directly
HW Hege Wergeland Siv 1969	-	4.38 % indirectly
ER Erland Raastad Brian 1961	-	1.44 % directly 0.07 % indirectly 1.38 %
RC Rangen Christian 1974	-	1.09 % indirectly
EØ Elisabeth Øvstebø Iren 1975	-	1.09 % indirectly

Last update: Sep 21, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
S SANDTORV INVEST AS	Ordinary shares	301,800	66.02 %
P PROTODESIGN AS	Ordinary shares	34,030	7.44 %
NG Norlund Geir 1957	Ordinary shares	21,666	4.74 %
S SIVWAS AS	Ordinary shares	20,000	4.38 %
L LINK VENTURE CAPITAL AS	Ordinary shares	10,000	2.19 %
K KAMUR AS	Ordinary shares	6,300	1.38 %
VB Vincent Brattebråten Kjetil 1979	Ordinary shares	4,500	0.98 %
PH Pettersen Hasle Stian 1986	Ordinary shares	4,000	0.88 %
AP Axel Pettersen Tom 1959	Ordinary shares	4,000	0.88 %
SV Sandtorv Vonheim Tobias 2003	Ordinary shares	3,050	0.67 %
SC Sandtorv Caroline 1989	Ordinary shares	3,000	0.66 %
NO Nissen Oland Camilla 1993	Ordinary shares	3,000	0.66 %
NW Nissen Woie Helene 1992	Ordinary shares	3,000	0.66 %
T TORSTVEDT HOLDING AS	Ordinary shares	2,000	0.44 %
P PERLEBO AS	Ordinary shares	2,000	0.44 %
R RIDGEHAVEN VENTURES AS	Ordinary shares	2,000	0.44 %
TM Thomas Manger Ove 1965	Ordinary shares	1,000	0.22 %
HL Hjertviksten Lindland Anita 1979	Ordinary shares	1,000	0.22 %
H HEIDI PRAN AS	Ordinary shares	1,000	0.22 %
B BLIX GROUP AS	Ordinary shares	1,000	0.22 %
H HÅBJØRG INVEST AS	Ordinary shares	1,000	0.22 %
SH Sandtorv Hilde 1966	Ordinary shares	1,000	0.22 %
WS Waage Sven 1979	Ordinary shares	1,000	0.22 %
IJ Inge Johansen Jo 1975	Ordinary shares	800	0.18 %
FB Fredheim Brage 1990	Ordinary shares	800	0.18 %
M METIZ CATCHLOG AS	Ordinary shares	750	0.16 %
MS Martinsen Sværen Mario 1984	Ordinary shares	734	0.16 %
NS Nikolai Sørlie Martin 1988	Ordinary shares	610	0.13 %
AE Askvik Eivind 1988	Ordinary shares	610	0.13 %
FS Fitjar Steinar 1978	Ordinary shares	605	0.13 %
BP Bakkevig Piene Erik 1993	Ordinary shares	601	0.13 %
KA Kristoffersen Andresen Kjartan 1979	Ordinary shares	600	0.13 %
KG Kristian Giskegjerde Per 1980	Ordinary shares	600	0.13 %
O OSPO INVEST AS	Ordinary shares	600	0.13 %
CF Christian Fredriksen Ole 1988	Ordinary shares	600	0.13 %
LC Ljones Christer 1977	Ordinary shares	600	0.13 %
MR Magnus Raastad Erland 1990	Ordinary shares	600	0.13 %
MR Mathias Raastad Knut 1993	Ordinary shares	600	0.13 %
SA Skipnes Aleksandersen Martin 1991	Ordinary shares	555	0.12 %
V VIAM NORGE AS	Ordinary shares	500	0.11 %
D DRAUPNE INVEST AS	Ordinary shares	500	0.11 %
HS Harjo Sondre 1995	Ordinary shares	500	0.11 %
MW Mørck Wergeland Rune 1970	Ordinary shares	425	0.09 %
S SANDBERG HOLDING AS	Ordinary shares	400	0.09 %
SJ Sandtorv Joachim 1988	Ordinary shares	400	0.09 %
AS Arvid Sandtorv Håkon 1959	Ordinary shares	400	0.09 %
MT Meier Terje 1955	Ordinary shares	400	0.09 %
AL Ariel Lindell Eidsvik Brage 1994	Ordinary shares	400	0.09 %
SJ Sandtorv John 1963	Ordinary shares	400	0.09 %
FM Frode Melheim Bjørn 1975	Ordinary shares	310	0.07 %
ET Engeland Torjussen Erlend 1973	Ordinary shares	300	0.07 %
RA Raastad Anders 1995	Ordinary shares	300	0.07 %
ER Erland Raastad Brian 1961	Ordinary shares	300	0.07 %
DF De Freitas Batista Vando 1980	Ordinary shares	300	0.07 %
EG Eklund Granli Vegard 1982	Ordinary shares	300	0.07 %
SD Samuelsen Daniel 1997	Ordinary shares	300	0.07 %
T TINTAN INVEST AS	Ordinary shares	280	0.06 %
A ANGELEERS AS	Ordinary shares	250	0.05 %
V VIRTUELL INVEST AS	Ordinary shares	250	0.05 %
IA Imrik Alf-Steinar 1943	Ordinary shares	210	0.05 %
EG Erik Grann Jan 1964	Ordinary shares	200	0.04 %
SI Severin Ingulfsvann Are 1982	Ordinary shares	200	0.04 %
TN Tracey Norlund Lindis 1992	Ordinary shares	200	0.04 %
SR Stavenes Robert 1965	Ordinary shares	200	0.04 %
HF Håskjold Fagerli Frode 1993	Ordinary shares	200	0.04 %
SI Steven Indrehus Jan 1960	Ordinary shares	200	0.04 %
CE Charlott Enerly Ina 1992	Ordinary shares	200	0.04 %
BL Blomdal Lars 1957	Ordinary shares	200	0.04 %
B BUTLEREN AS Closed	Ordinary shares	200	0.04 %
GV Gustav Vigeland Moen Espen 1960	Ordinary shares	200	0.04 %
JN Jeremy Norlund Jarand 1994	Ordinary shares	200	0.04 %
CS Christopher Sandstrøm Helle Linus 1991	Ordinary shares	200	0.04 %
KS Kristin Singstad Jensen Ive 1964	Ordinary shares	200	0.04 %
HJ Hansen Jan 1962	Ordinary shares	200	0.04 %
S SHEIKH HOLDINGS AS	Ordinary shares	200	0.04 %
J J8 VENTURES AS	Ordinary shares	175	0.04 %
K KJELD RASMUSSEN AS	Ordinary shares	175	0.04 %
TR Thorland Rune 1974	Ordinary shares	150	0.03 %
CH Charlotte Harboe Mia 1993	Ordinary shares	150	0.03 %
K KOPPERUDS AS	Ordinary shares	150	0.03 %
FI Fjerdingstad Inge 1945	Ordinary shares	125	0.03 %
EG Eilert Grande Bernt 1958	Ordinary shares	120	0.03 %
SM Schmidt Mike 1998	Ordinary shares	110	0.02 %
HL Halseth Lund Øystein 1971	Ordinary shares	100	0.02 %
SR Sigurd Rognan Nielsen Arne 1950	Ordinary shares	100	0.02 %
NF Nikolai Finstad Arne 1991	Ordinary shares	100	0.02 %
DO Dypvik Olle-Anders 1985	Ordinary shares	100	0.02 %
HH Herdla Halvorsen Elisabeth 1966	Ordinary shares	100	0.02 %
SR Strand Roberth 1987	Ordinary shares	100	0.02 %
RB Rynning Borander Magnus 1967	Ordinary shares	100	0.02 %
RH Randers-Pehrson Henrik 1971	Ordinary shares	100	0.02 %
UA Ueland André 1975	Ordinary shares	100	0.02 %
NT Nordahl Terje 1947	Ordinary shares	100	0.02 %
HS Helge Strøm Jan 1972	Ordinary shares	100	0.02 %
WV Winterthun Vegard 1989	Ordinary shares	100	0.02 %
VS Verene Skånø Aamodt Anne 1987	Ordinary shares	100	0.02 %
H HELLEM AS	Ordinary shares	100	0.02 %
KO Kulkarni Omkar 1986	Ordinary shares	100	0.02 %
BS Bustad Steinar 1960	Ordinary shares	100	0.02 %
NW Norbom Walløe Anders 1986	Ordinary shares	100	0.02 %

Last update: Sep 25, 2026

Group structure

SANDTORV INVEST AS
Total operating income 2025: NOK 176,288
Operating profit 2025: NOK 58,265
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	0	-1,275	179,709	1,057,358	2,291,076
Annual Total Result	-236,493	-93,977	-1,033,780	-4,414,194	-2,355,519
Total assets	163,090	413,574	486,962	2,871,594	1,625,869
Total liabilities	1,575,958	1,589,949	1,569,359	2,920,212	772,993
Total equity	-1,412,868	-1,176,375	-1,082,398	-48,618	852,876

P&L

Year	2025	2024	2023	2022	2021
Total operating income	0	-1,275	179,709	1,057,358	2,291,076
Total operating costs	114,846	86,500	1,221,100	5,465,172	4,645,060
Operating result	-114,846	-87,775	-1,041,391	-4,407,814	-2,353,983
Financial income/costs	-121,647	-6,202	7,611	-6,380	-1,536
Profit before tax	-236,493	-93,977	-1,033,780	-4,414,194	-2,355,519
Total tax & extraordinary income/cost	0	0	0	0	0
Annual Total Result	-236,493	-93,977	-1,033,780	-4,414,194	-2,355,519

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	3,587	7,891	12,195	29,835	47,471
Total current assets	159,503	405,683	474,767	2,841,759	1,578,398
Total assets	163,090	413,574	486,962	2,871,594	1,625,869
Short term debt	75,958	89,949	69,359	1,420,212	772,993
Long term debt	1,500,000	1,500,000	1,500,000	1,500,000	0
Total liabilities	1,575,958	1,589,949	1,569,359	2,920,212	772,993
Contributed capital	2,512,736	2,512,736	2,512,736	2,512,736	3,414,230
Retained earnings	-3,925,604	-3,689,111	-3,595,134	-2,561,354	-2,561,354
Total equity	-1,412,868	-1,176,375	-1,082,398	-48,618	852,876
Total equity and liabilities	163,090	413,574	486,962	2,871,594	1,625,869

Classification

21st company classification

BETA

Scaleup

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

ECOFRIC AS924 828 099

ECOFRIC AS

Liquidation estate:

Organization

Ownership

Financials

Management

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Group structure

Financials

Summary

P&L

Balance overview

Classification