TOCIRCLE POWER SYSTEMS AS • 995518325 • Glomfjord • Electricity, gas, steam and air conditioning supply

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/ Energy production

TOCIRCLE POWER SYSTEMS AS

Keywords

generationelectricitywave powertidal power

Links

Organization

Chairman of the board: HN
Hans Nikolai Slungaard Slettebø1975
Years since formation: 14 years; since May 21, 2010
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 11,000,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 341,806; NOK
Annual total result 2023: -72,983,276; NOK
Total equity 2023: 1,000,000; NOK

Last update: Dec 6, 2024

Management

Board

Name	Role	Shares
HN Hans Nikolai Slungaard Slettebø 1975	Contact Person, Chairman	-

Top 10 individual shareholders

Name	Role	Shares
KH Knut Harald Nylænde 1966	-	12.55 % indirectly
BJ Brynjulf Gran Jensen 1945	-	5.55 % indirectly
BD Birger Dahl 1971	-	5.33 % indirectly
SH Snorre Helge Dahle 1946	-	4.94 % indirectly
BS Bjørn Sund 1945	-	4.62 % indirectly
BS Benedicte Sund-Mathisen 1972	-	4.6 % indirectly
MH Marianne Vigtel Hølland 1975	-	4.6 % indirectly
KR Kjell Roald Wille Vading 1942	-	2.78 % indirectly
RA Roger Arne Dahl 1968	-	2.2 % indirectly
LE Lars Erik Hilde 1974	-	1.58 % indirectly

Last update: Oct 15, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
T TOCIRCLE INDUSTRIES AS	Ordinary shares	11,000,000	100 %

Last update: May 24, 2024

Group structure

TOCIRCLE INDUSTRIES AS
Total operating income 2023: NOK 4,000,997
Operating profit 2023: NOK -49,578,425
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	341,806	0	29,216
Annual Total Result	-72,983,276	-5,778,622	-6,879,880
Total assets	24,757,395	106,486,343	101,996,453
Total liabilities	23,757,395	32,503,067	40,234,555
Total equity	1,000,000	73,983,276	61,761,898

P&L

Year	2023	2022	2021
Total operating income	341,806	0	29,216
Total operating costs	69,462,366	2,325,359	3,149,339
Operating result	-69,120,560	-2,325,359	-3,120,123
Financial income/costs	-3,827,327	-3,453,263	-3,759,757
Profit before tax	-72,947,887	-5,778,622	-6,879,880
Total tax & extraordinary income/cost	35,389	0	0
Annual Total Result	-72,983,276	-5,778,622	-6,879,880

Balance overview

Year	2023	2022	2021
Total fixed assets	24,724,701	83,980,555	80,985,815
Total current assets	32,694	22,505,789	21,010,638
Total assets	24,757,395	106,486,343	101,996,453
Short term debt	23,757,395	32,503,067	36,319,056
Long term debt	0	0	3,915,499
Total liabilities	23,757,395	32,503,067	40,234,555
Contributed capital	11,000,000	73,983,276	61,761,898
Retained earnings	-10,000,000	0	0
Total equity	1,000,000	73,983,276	61,761,898
Total equity and liabilities	24,757,395	106,486,343	101,996,453

Classification

Category

/ Energy production

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

D

Main industrial area

Electricity, gas, steam and air conditioning supply

35

Activity

Electricity, gas, steam and air conditioning supply

35.1

Main industrial group

Electric power generation, transmission and distribution

35.11

Industrial group

Production of electricity

35.119

Industrial group

Other production of electricity