PASCAL TECHNOLOGIES AS
Electric boats - Pascaltech - Enabling 100% emission-free transportation
Technology platform for long-range electric boats. Enables high performing electric boats without compromise. Read more here
Organization
- CEO
- CF
- Chairman of the board
- GO
Glen Ole Rødland1964
- Years since formation
- 23 years
- since Mar 2, 2002
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 18
Ownership
- Number of shares and share classes
- 37,984,570
- 1 share class
- Total number of shareholders
- 27
- 22 companies, 5 persons
Financials
- Total operating income 2024
- 3,270,179
- NOK
- Annual total result 2024
- -31,479,089
- NOK
- Total equity 2024
- 41,666,615
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
CF | Managing Director/CEO | 2.27 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
GO 1964 | Chairman | - |
| Board Member | - | |
AJ | Board Member | 2.13 % indirectly |
AA | Board Member | 25.72 % indirectly |
CM | Board Member | - |
SL | Board Member | - |
| Observer | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AA | Board Member | 25.72 % indirectly |
GT | - | 7.64 % indirectly |
HS 1969 | - | 5.09 % indirectly |
CF | Managing Director/CEO | 2.27 % indirectly |
AJ | Board Member | 2.13 % indirectly |
AS 1965 | - | 1.86 % indirectly |
| - | 1.67 % indirectly | |
TN | - | 1.67 % indirectly |
JA 1966 | - | 1.47 % indirectly |
MF 1977 | - | 1.25 % indirectly |
Last update: Mar 5, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 9,770,666 | 25.72 % | |
| Ordinary shares | 6,917,756 | 18.21 % | |
| Ordinary shares | 6,689,108 | 17.61 % | |
| Ordinary shares | 4,836,741 | 12.73 % | |
| Ordinary shares | 2,534,261 | 6.67 % | |
| Ordinary shares | 1,810,187 | 4.77 % | |
| Ordinary shares | 863,222 | 2.27 % | |
| Ordinary shares | 810,030 | 2.13 % | |
| Ordinary shares | 708,153 | 1.86 % | |
| Ordinary shares | 682,523 | 1.8 % | |
| Ordinary shares | 531,914 | 1.4 % | |
| Ordinary shares | 265,957 | 0.7 % | |
TL | Ordinary shares | 241,948 | 0.64 % |
| Ordinary shares | 192,160 | 0.51 % | |
| Ordinary shares | 188,603 | 0.5 % | |
| Ordinary shares | 188,602 | 0.5 % | |
| Ordinary shares | 175,304 | 0.46 % | |
| Ordinary shares | 162,006 | 0.43 % | |
| Ordinary shares | 74,363 | 0.2 % | |
| Ordinary shares | 74,363 | 0.2 % | |
| Ordinary shares | 69,044 | 0.18 % | |
EM 1988 | Ordinary shares | 56,702 | 0.15 % |
| Ordinary shares | 39,893 | 0.11 % | |
| Ordinary shares | 37,234 | 0.1 % | |
LL 1994 | Ordinary shares | 33,245 | 0.09 % |
| Ordinary shares | 26,595 | 0.07 % | |
CE | Ordinary shares | 3,990 | < 0.01 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,270,179 | 3,960,808 | 17,543,579 | 500,000 |
Annual Total Result | -31,479,089 | -19,737,653 | -129,555 | -16,893,707 |
Total assets | 50,145,466 | 77,236,171 | 40,351,509 | 13,291,920 |
Total liabilities | 8,478,850 | 4,090,467 | 5,020,008 | 8,370,506 |
Total equity | 41,666,615 | 73,145,704 | 35,331,501 | 4,921,414 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,270,179 | 3,960,808 | 17,543,579 | 500,000 |
Total operating costs | 35,827,288 | 25,336,733 | 17,677,852 | 17,381,691 |
Operating result | -32,557,109 | -21,375,925 | -134,273 | -16,881,691 |
Financial income/costs | 1,078,020 | 1,638,272 | 4,718 | -12,016 |
Profit before tax | -31,479,089 | -19,737,653 | -129,555 | -16,893,707 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -31,479,089 | -19,737,653 | -129,555 | -16,893,707 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 30,241,285 | 30,762,878 | 22,024,003 | 4,314,698 |
Total current assets | 19,904,180 | 46,473,294 | 18,327,507 | 8,977,222 |
Total assets | 50,145,466 | 77,236,171 | 40,351,509 | 13,291,920 |
Short term debt | 8,478,850 | 4,090,467 | 5,020,008 | 2,101,678 |
Long term debt | 0 | 0 | 0 | 6,268,828 |
Total liabilities | 8,478,850 | 4,090,467 | 5,020,008 | 8,370,506 |
Contributed capital | 41,666,615 | 92,471,445 | 34,919,589 | 4,921,414 |
Retained earnings | 0 | -19,325,741 | 411,912 | 0 |
Total equity | 41,666,615 | 73,145,704 | 35,331,501 | 4,921,414 |
Total equity and liabilities | 50,145,466 | 77,236,171 | 40,351,509 | 13,291,920 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises