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F

FORWARD PROJECT AS927 835 134

IT services
Limited company
C/O Gustav Magnar Witzøe Kverva 101 7266 KVERVA, Norge
Services
/ IT services
/ 62.010 Computer programming activities

FORWARD PROJECT AS

Keywords

program developmentsoftware

Organization

Chairman of the board
GM

Gustav Magnar Witzøe1993

Years since formation
4 years
since Sep 29, 2021
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
10,000
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Annual total result 2024
-102,897,387
NOK
Total equity 2024
113,417,637
NOK
Last update: Jul 30, 2025

Management

Board

NameRoleShares
GM

Gustav Magnar Witzøe

1993

Chairman
97 %
indirectly
AO

Anniken Olsen

1980

Board Member-
MF

Martin Fevaag Larsen

1987

Board Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-

Top 10 individual shareholders

NameRoleShares
GM

Gustav Magnar Witzøe

1993

Chairman
97 %
indirectly
TJ

Thomas Johan Jessen

1976

-
1.04 %
indirectly
GW

Gustav Witzøe

1953

-
1 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
K
KVARV AS
Ordinary shares
10,000
100 %

Shares owned by the FORWARD PROJECT AS

NameShare classTotal number of sharesShare
F
FUTURE INITIATIVE AS
Ordinary shares
1,000
100 %
D
DIGITAL COLLECTIVE AS
Ordinary shares
1,000
100 %
K
KVARVHEIM AS
Ordinary shares
9,010
90.1 %
M
MGM EIENDOM AS
Ordinary shares
15,000
50 %
V
VER2.0 AS
Ordinary shares
1,500
50 %
D
DØGN AS
Ordinary shares
1,550
34.07 %
S
SIGNATURE GROUP AS
Ordinary shares
250
25 %
F
FUTURUM VENTURES FUND I AS
A-shares
50,000,000
10 %
Last update: Jun 2, 2025

Group structure

  • KVARV AS
    Total operating income 2024: NOK 512,000
    Operating profit 2024: NOK -46,202,000
    Employees: 6

Financials

in NOK

Summary

Year2024202320222021
Total operating income
0
232,081
0
0
Annual Total Result
-102,897,387
-116,684,947
-18,589,257
-112,194,880
Total assets
384,896,762
205,411,757
114,061,989
8,450,851
Total liabilities
271,479,125
179,096,734
14,851,830
651,301
Total equity
113,417,637
26,315,023
99,210,159
7,799,550

P&L

Year2024202320222021
Total operating income
0
232,081
0
0
Total operating costs
113,986,487
109,236,286
14,286,675
112,756,175
Operating result
-113,986,487
-109,004,205
-14,286,675
-112,756,175
Financial income/costs
11,089,101
-7,972,106
-3,779,277
37,856
Profit before tax
-102,897,387
-116,976,311
-18,065,952
-112,718,319
Total tax & extraordinary income/cost
0
-291,364
523,305
-523,439
Annual Total Result
-102,897,387
-116,684,947
-18,589,257
-112,194,880

Balance overview

Year2024202320222021
Total fixed assets
140,120,647
92,745,810
1,301,858
5,553,439
Total current assets
244,776,115
112,665,947
112,760,131
2,897,412
Total assets
384,896,762
205,411,757
114,061,989
8,450,851
Short term debt
271,479,125
179,096,734
14,851,830
651,301
Long term debt
0
0
0
0
Total liabilities
271,479,125
179,096,734
14,851,830
651,301
Contributed capital
113,417,637
26,315,023
99,210,159
119,994,430
Retained earnings
0
0
0
-112,194,880
Total equity
113,417,637
26,315,023
99,210,159
7,799,550
Total equity and liabilities
384,896,762
205,411,757
114,061,989
8,450,851

Classification

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
J
Main industrial area
Information and communication
62
Activity
Computer programming; consultancy and related activities
62.0
Main industrial group
Computer programming, consultancy and related activities
62.01
Industrial group
Computer programming activities
62.010
Industrial group
Computer programming activities