WIND CATCHING SYSTEMS AS

Operating

Wind Catching Systems

Wind Catching Systems is developing the Windcatcher - a floating wind concept with a potential to reduce the LCoE of floating wind by focusing on standardization, scalability, improved opetations and acreage efficiency. Maximise energy yield, efficient operations and maintenance, integrated turbine ,Wind Catching Systems is developing the Windcatcher - a floating wind concept with a potential to reduce the LCoE of floating wind by focusing on standardization, scalability, improved opetations and acreage efficiency. Maximise energy yield, efficient operations and maintenance, integrated turbine handling system, no specialised vessels or cranes, no need to return to port, 50 year life.

Å utvikle og selge flytende vindkraftteknologi relatert til WCS-konseptet, samt det som naturlig står i forbindelse med dette.

Å utvikle og selge flytende vindkraftteknologi relatert til WCS-konseptet.

Organization

CEO: OA
Ole Andre Heggheim1966
Chairman of the board: OA
Ole Andre Heggheim1966
Years since formation: 9 years; since Mar 16, 2017
Type: Limited company
VAT registered: Yes
Number of employees: 10

Ownership

Number of shares and share classes: 362,464; 2 share classes
Total number of shareholders: 20; 17 companies, 3 persons
Belongs to group of

Financials

Total operating income 2024: 1,896,932; NOK
Annual total result 2024: -16,361,639; NOK
Total equity 2024: 84,611,774; NOK

Last update: Dec 12, 2025

Locations

Company address
Strandveien 17 1366 LYSAKER, Norge
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Management

Management / administration

Name	Role	Shares
OA Ole Andre Heggheim 1966	Managing Director/CEO	8.28 % indirectly

Board

Name	Role	Shares
OA Ole Andre Heggheim 1966	Chairman	8.28 % indirectly
EB Erik Bjørstad 1980	Board Member	-
NA Nils Asbjørn Nes 1956	Board Member	8.28 % indirectly
DL Didrik Leikvang 1984	Board Member	-
RY Rinat Yogev Becher 1981	Board Member	-

Others

Name	Role	Shares
R RSM NORGE AS	Auditor	-
A AIDER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
AA Andresen-Thompson Alexandra 1996	-	8.81 % indirectly
KA Kvasnes Andresen Katharina 1995	-	8.81 % indirectly
OA Ole Andre Heggheim 1966	Managing Director/CEO, Chairman	8.28 % indirectly
AK Arthur Kordt 1957	-	8.28 % indirectly
NA Nils Asbjørn Nes 1956	Board Member	8.28 % indirectly
JH Johan Henrik Andresen 1961	-	3.16 % indirectly
RK Ronny Karlsen 1979	-	1.46 % indirectly

Last update: Dec 16, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
N NORTH INDUSTRIES 2 AS	Ordinary shares	76,168	21.01 %
F FERD AS	Ordinary shares	75,348	20.79 %
GM General Motors Ventures Llc	A-shares	70,645	19.49 %
N NASJONALPARKEN AS	Ordinary shares	30,000	8.28 %
H HOMAN AS	Ordinary shares	30,000	8.28 %
A ARMADA AS	Ordinary shares	30,000	8.28 %
F FERD AS	A-shares	10,879	3 %
L LAWO INVEST AS	A-shares	6,649	1.83 %
S SIBAMA HOLDING AS	A-shares	6,068	1.67 %
H HAVFONN AS	A-shares	5,843	1.61 %
T TEMPESTAS AS	Ordinary shares	5,300	1.46 %
NO Nominee Ourcrowd	A-shares	4,822	1.33 %
N NORTH INDUSTRIES 2 AS	A-shares	3,680	1.02 %
S SOUTH WEST 10 AS	Ordinary shares	2,500	0.69 %
N NIOTOLOS AS	Ordinary shares	1,500	0.41 %
S SJØSS INVEST AS	A-shares	1,162	0.32 %
E ENWI AS	Ordinary shares	1,000	0.28 %
E ENFRE AS	Ordinary shares	700	0.19 %
JM Jose Manuel Armijo Pelaez 1984	Ordinary shares	100	0.03 %
M MNB INVEST AS	Ordinary shares	100	0.03 %

Shares owned by the WIND CATCHING SYSTEMS AS

Name	Share class	Total number of shares	Share
W WIND CATCHING DEMO AS	Ordinary shares	30,000	100 %
W WIND CATCHING DEVELOPMENT AS	Ordinary shares	30,000	100 %

Last update: Jun 2, 2025

Group structure

WIND CATCHING SYSTEMS AS
Total operating income 2024: NOK 1,896,932
Operating profit 2024: NOK -19,153,639
Employees: 10

Financials

in NOK

Summary

Year	2024	2023	2022
Total operating income	1,896,932	325,000	10,000
Annual Total Result	-16,361,639	-8,785,632	-11,022,545
Total assets	91,054,559	106,908,914	110,797,699
Total liabilities	6,442,785	5,935,501	3,763,434
Total equity	84,611,774	100,973,413	107,034,265

P&L

Year	2024	2023	2022
Total operating income	1,896,932	325,000	10,000
Total operating costs	21,050,571	11,891,824	12,037,861
Operating result	-19,153,639	-11,566,824	-12,027,861
Financial income/costs	2,792,000	2,781,192	1,005,317
Profit before tax	-16,361,639	-8,785,632	-11,022,545
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-16,361,639	-8,785,632	-11,022,545

Balance overview

Year	2024	2023	2022
Total fixed assets	29,348,635	19,744,238	15,827,461
Total current assets	61,705,924	87,164,676	94,970,237
Total assets	91,054,559	106,908,914	110,797,699
Short term debt	6,442,785	5,935,501	3,763,434
Long term debt	0	0	0
Total liabilities	6,442,785	5,935,501	3,763,434
Contributed capital	127,894,577	127,894,577	125,169,797
Retained earnings	-43,282,802	-26,921,164	-18,135,531
Total equity	84,611,774	100,973,413	107,034,265
Total equity and liabilities	91,054,559	106,908,914	110,797,699

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

WIND CATCHING SYSTEMS AS918 717 013