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N

NORCE INNOVATION AS957 231 640

Other services
Limited company
Prof. Olav Hanssens v. 15 4021 STAVANGER, Norge

NORCE INNOVATION AS

Keywords

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Organization

Chairman of the board
Years since formation
30 years
since Feb 19, 1995
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
737,564
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
10,241,925
NOK
Annual total result 2024
1,937,451
NOK
Total equity 2024
110,423,406
NOK
Last update: Jun 18, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-

Others

NameRoleShares
K
KPMG AS
Auditor-
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
N
NORCE HOLDING AS
NO0010024706
737,564
100 %

Shares owned by the NORCE INNOVATION AS

NameShare classTotal number of sharesShare
X
XILENTECH AS
Ordinary shares
1,000
100 %
Ordinary shares
1,000
100 %
C
CO2BIO AS
Ordinary shares
3,000
100 %
H
HOLE IN ONE PRODUCER AS
Ordinary shares
1,000
100 %
I
INDIKEL AS
Ordinary shares
50,000
100 %
B
BIOSENTRUM AS
Ordinary shares
100,000
100 %
O
OFFSHORE SENSING AS
Ordinary shares
4,906
82.43 %
S
STAVANGER HELSEFORSKNING AS
Ordinary shares
2,250
45 %
G
GAS 2 FEED AS
Ordinary shares
9,111
35.6 %
T
TUNICHOR AS
Ordinary shares
960
26.67 %
X
XSENS AS
A-shares
205,011
26.56 %
V
Ordinary shares
39
15.98 %
S
SUSTAINABLE ENERGY AS
Ordinary shares
25
15.15 %
Ordinary shares
30
14.29 %
R
RISAVIKA BIOPARK AS
Ordinary shares
1,000
9.8 %
V
VALIDÉ AS
Ordinary shares
24,198
9.14 %
U
ULLANDHAUG ENERGI AS
Ordinary shares
483
5 %
N
NORWEGIAN OFFSHORE WIND AS
Ordinary shares
70
3.93 %
W
WELLMEND AS
Ordinary shares
25,000
3.57 %
B
BLUE PLANET AS
Ordinary shares
1
2.56 %
N
NORDIC EDGE AS
Ordinary shares
100
0.99 %
G
GREENSTAT AS
NO0010775059
446,667
0.31 %
A
ARRIBATEC GROUP ASA
NO0012861667
35,642
0.05 %
B
BERGENBIO ASA
NO0013251173
2,077
< 0.01 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year2024202320222021
Total operating income
10,241,925
17,998,864
3,121,149
117,977,154
Annual Total Result
1,937,451
9,388,361
-11,744,027
104,758,102
Total assets
111,388,075
112,716,438
101,366,105
174,590,522
Total liabilities
964,669
4,230,482
2,268,510
3,748,900
Total equity
110,423,406
108,485,956
99,097,595
170,841,622

P&L

Year2024202320222021
Total operating income
10,241,925
17,998,864
3,121,149
117,977,154
Total operating costs
8,741,018
11,309,009
11,783,404
13,432,658
Operating result
1,500,907
6,689,855
-8,662,255
104,544,496
Financial income/costs
436,544
2,698,506
-3,081,772
213,606
Profit before tax
1,937,451
9,388,361
-11,744,027
104,758,102
Total tax & extraordinary income/cost
0
0
0
0
Annual Total Result
1,937,451
9,388,361
-11,744,027
104,758,102

Balance overview

Year2024202320222021
Total fixed assets
65,791,379
64,154,150
54,164,583
55,919,934
Total current assets
45,596,696
48,562,288
47,201,522
118,670,588
Total assets
111,388,075
112,716,438
101,366,105
174,590,522
Short term debt
848,287
4,114,100
2,152,128
3,632,518
Long term debt
116,382
116,382
116,382
116,382
Total liabilities
964,669
4,230,482
2,268,510
3,748,900
Contributed capital
31,460,880
31,460,880
31,460,880
31,460,880
Retained earnings
78,962,526
77,025,076
67,636,715
139,380,742
Total equity
110,423,406
108,485,956
99,097,595
170,841,622
Total equity and liabilities
111,388,075
112,716,438
101,366,105
174,590,522

Classification

Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1120
Public incorporated enterprises, owned by central government
Standard industrial classification
N
Main industrial area
Administrative and support service activities
82
Activity
Office administrative, office support and other business support activities
82.9
Main industrial group
Business support service activities n.e.c.
82.99
Industrial group
Other business service activities n.e.c.
82.990
Industrial group
Other business service activities n.e.c.