WAVE PROPULSION AS
Operating
At Wave Propulsion, excellence in design is more than a job -
it's a lifestyle
Salg av konsulenttjenester for maritim bransje. Forskning, utvikling,
prosjektering, salg og produksjon av framdriftssystem for skip.
Keywords
engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting
Links
Organization
- CEO
- HE
Halfdan Endresen1962
- Chairman of the board
- HE
Halfdan Endresen1962
- Years since formation
- 15 years
- since Jul 28, 2011
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 320
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Annual total result 2025
- -438,918
- NOK
- Total equity 2025
- -326,652
- NOK
Last update: Jul 22, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
HE 1962 | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
HE 1962 | Chairman | 50 % directly |
LM | Board Member | 50 % directly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
HE 1962 | Managing Director/CEO, Chairman | 50 % directly |
LM | Board Member | 50 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
HE 1962 | Ordinary shares | 160 | 50 % |
LM | Ordinary shares | 160 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total operating income | 0 | 422,000 | 270,661 | 578,988 |
Annual Total Result | -438,918 | 96,122 | -510,706 | 107,739 |
Total assets | 1,491,505 | 1,171,153 | 351,019 | 367,257 |
Total liabilities | 1,818,157 | 1,058,887 | 654,875 | 159,557 |
Total equity | -326,652 | 112,266 | -303,006 | 207,701 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total operating income | 0 | 422,000 | 270,661 | 578,988 |
Total operating costs | 394,712 | 302,984 | 766,855 | 448,745 |
Operating result | -394,712 | 119,016 | -496,194 | 130,244 |
Financial income/costs | -44,206 | -22,893 | -14,513 | -22,504 |
Profit before tax | -438,918 | 96,122 | -510,706 | 107,739 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -438,918 | 96,122 | -510,706 | 107,739 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total fixed assets | 1,475,735 | 1,144,880 | 220,117 | 34,150 |
Total current assets | 15,769 | 26,273 | 130,902 | 333,107 |
Total assets | 1,491,505 | 1,171,153 | 351,019 | 367,257 |
Short term debt | 1,818,157 | 347,844 | 639,251 | 159,557 |
Long term debt | 0 | 711,043 | 15,624 | 0 |
Total liabilities | 1,818,157 | 1,058,887 | 654,875 | 159,557 |
Contributed capital | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 |
Retained earnings | -1,926,652 | -1,487,734 | -1,903,006 | -1,392,299 |
Total equity | -326,652 | 112,266 | -303,006 | 207,701 |
Total equity and liabilities | 1,491,505 | 1,171,153 | 351,869 | 367,257 |
Classification
21st company classification
BETA
Small company
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
M
Main industrial area
Professional, scientific and technical activities
71
Activity
Architectural and engineering activities; technical testing and analysis
71.1
Main industrial group
Architectural and engineering activities and related technical consultancy
71.12
Industrial group
Engineering activities and related technical consultancy
71.129
Industrial group
Other technical consultancy