TWO AS

Keywords

program developmentsoftware

Organization

CEO: AM
Andreas Mjelde1983
Chairman of the board: AM
Andreas Mjelde1983
Years since formation: 5 years; since Nov 17, 2020
Type: Limited company
VAT registered: Yes
Number of employees: 22

Ownership

Number of shares and share classes: 189,295; 3 share classes
Total number of shareholders: 141; 35 companies, 106 persons
Belongs to group of

Financials

Total operating income 2024: 12,943,920; NOK
Annual total result 2024: -8,147,532; NOK
Total equity 2024: 186,533,060; NOK

Last update: Aug 11, 2025

Management

Management / administration

Name	Role	Shares
AM Andreas Mjelde 1983	Managing Director/CEO	20.96 % indirectly

Board

Name	Role	Shares
AM Andreas Mjelde 1983	Chairman	20.96 % indirectly
ST Stavros Tamvakakis 1985	Board Member	-
JK Joachim Krüger 1988	Board Member	7.92 % indirectly
MJ Moshe Jacob Koyfman 1977	Board Member	-
MO Mathias Owing Maanum 1989	Board Member	-

Others

Name	Role	Shares
F FORVIS MAZARS AS	Auditor	-
E ECIT NORIAN AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
AM Andreas Mjelde 1983	Managing Director/CEO, Chairman	20.96 % indirectly
JK Joachim Krüger 1988	Board Member	7.92 % indirectly
IL Ivar Lyngedal 1995	-	1.58 % indirectly

Last update: Apr 25, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
A AMA AS	Ordinary shares	39,682	20.96 %
CI Capital Ii Lp Shine	A-shares	19,087	10.08 %
CU Capital Us Scout Seed Fun Sequoia	Preference shares	17,544	9.27 %
M MONOZUKI AS	Ordinary shares	15,000	7.92 %
SL Stamvaka Ltd	Ordinary shares	14,947	7.9 %
XL Xi Lp Localglobe	Preference shares	12,869	6.8 %
GF Global Fund Master Sà Rl Antler	A-shares	11,929	6.3 %
LD Limited Dushman	Ordinary shares	5,774	3.05 %
CS Club Seed Fund I Visionaries	Preference shares	4,639	2.45 %
T TWO AS	Ordinary shares	4,444	2.35 %
NT Niinivaara Timo	Ordinary shares	3,817	2.02 %
GM Ga Meridiana Sl Laura	Ordinary shares	3,500	1.85 %
I ICECREAM EXTREME AS	Ordinary shares	3,000	1.58 %
VD Venture Delta Ab Alliance	A-shares	2,985	1.58 %
GP Growth Partners Limited Zinal	Preference shares	2,887	1.53 %
B BRING VENTURES AS	Preference shares	2,530	1.34 %
AV Alumni Ventures Two Trust	A-shares	2,076	1.1 %
TM Theodosiu Marina	Ordinary shares	2,000	1.06 %
VF Venture Fund Lp Acting Nordstar	A-shares	1,551	0.82 %
JO Jung Oliver	Preference shares	1,192	0.63 %
VD Venture Delta Norwegian Si Alliance	A-shares	833	0.44 %
GV Global Ventures Fund 1 Lp D	Preference shares	787	0.42 %
LD Lindsay Douglas	Ordinary shares	750	0.4 %
IA I A Series Of Nomad Capital V Fund	Preference shares	715	0.38 %
A AXIF 4 AS	Preference shares	682	0.36 %
OV One Ventures Fund Ii Lp Day	A-shares	596	0.31 %
B BRING VENTURES AS	A-shares	596	0.31 %
US Us Scout Seed Fund Iii Sc	A-shares	596	0.31 %
CS Club Seed Fund I Visionaries	A-shares	596	0.31 %
BD Barton Deane	Ordinary shares	590	0.31 %
B BRØNSTAD HOLDING AS	Ordinary shares	500	0.26 %
YV Yaka Ventures Lp Hard	A-shares	477	0.25 %
RD Remenyfy Daniel	Ordinary shares	450	0.24 %
A AKVA AS	Ordinary shares	400	0.21 %
KR Kenney Robert	Ordinary shares	400	0.21 %
EF Europe Fund I Ab Antler	A-shares	358	0.19 %
DN De Nicolay Arnoud	Ordinary shares	300	0.16 %
AV Airangels Ventures Lp Fund Ia	A-shares	298	0.16 %
AV Airangels Ventures Lp Fund I	A-shares	298	0.16 %
EF Europe Fund I Ab Antler	Preference shares	290	0.15 %
EZ Elias Zablah Mario	Ordinary shares	245	0.13 %
XL Xi Lp Localglobe	A-shares	239	0.13 %
Z ZIFRONI CAPITAL AS	Ordinary shares	200	0.11 %
H HONUNGSDUGG AS	Ordinary shares	200	0.11 %
C CASTLE INTERACTIVE AS	Ordinary shares	200	0.11 %
S SONDO FUND 1 AS	A-shares	191	0.1 %
A ARKWRIGHT X INVEST AS	Preference shares	162	0.09 %
EG Expeditions Gmbh Rj	Preference shares	155	0.08 %
EJ Edwards James	Ordinary shares	150	0.08 %
OJ Oyekan Joyeoba	Ordinary shares	150	0.08 %
KB Kunwar Bharat	Ordinary shares	150	0.08 %
DP Dixit Parabhusan	Ordinary shares	150	0.08 %
AV Airangels Ventures Lp Fund I	Preference shares	146	0.08 %
AV Airangels Ventures Lp Fund Ia	Preference shares	146	0.08 %
D DOVREGUBBEN HOLDING AS	Preference shares	126	0.07 %
TA Tavassoli Arian	Ordinary shares	125	0.07 %
SK Sjur Kleive 1992	Ordinary shares	125	0.07 %
S SUBITO HOLDING AS	Preference shares	121	0.06 %
CS Carrington Stait Greg	Ordinary shares	120	0.06 %
HA Hallum Advisory Ab Erik	A-shares	119	0.06 %
TO Tikhturov Oleg	Preference shares	116	0.06 %
S SPITERSNUTEN AS	Preference shares	116	0.06 %
JR Jack Robinson Matthew	Preference shares	116	0.06 %
AD Alexander Davies George	Ordinary shares	100	0.05 %
SD Seirdski Dawid	Ordinary shares	100	0.05 %
RE Ralston Emily	Ordinary shares	100	0.05 %
PG Preuss Georg	Ordinary shares	100	0.05 %
KG Kerr Graham	Ordinary shares	100	0.05 %
WJ Worthington James	Ordinary shares	100	0.05 %
LK Lam Kin	Ordinary shares	100	0.05 %
C CLOUDBERRY TECH AS	Ordinary shares	100	0.05 %
BN Batishcheva Nataliya	Ordinary shares	100	0.05 %
D DOVREGUBBEN HOLDING AS	Ordinary shares	100	0.05 %
TS Thirukkurungud Sekar Prashant	Ordinary shares	100	0.05 %
HA Hargreaves Adelaide	Ordinary shares	100	0.05 %
HS Helmig Simon	Ordinary shares	100	0.05 %
AV Angelis Vassilis	Ordinary shares	100	0.05 %
F FOSSIL INVEST AS	Preference shares	95	0.05 %
OR Oliver Ransford Mark	Preference shares	95	0.05 %
M MAJEN AS	Ordinary shares	94	0.05 %
A ARKWRIGHT X PARTNERS INVEST 1 AS	Preference shares	87	0.05 %
AV Aleksandr Vladimirovich Pliev	Ordinary shares	75	0.04 %
MK Miller Kyle	Ordinary shares	65	0.03 %
CA Collins Aaron	Preference shares	63	0.03 %
KM Kent Michael	Preference shares	58	0.03 %
GL Gaunt Llc	Preference shares	58	0.03 %
SK Salimian Kevin	Preference shares	58	0.03 %
LG Lars Gezelius Alexander	Preference shares	58	0.03 %
AA Argyros Alexandros	Preference shares	58	0.03 %
IG Investconsult Gmbh Sll	Preference shares	58	0.03 %
DP De Picciotto David	Preference shares	58	0.03 %
GP Growth Partners Limited Zinal	Ordinary shares	53	0.03 %
AA Aly Ahmed	Ordinary shares	50	0.03 %
GS Gabriel Shear	Ordinary shares	50	0.03 %
LI Lopatin Ilya	Ordinary shares	50	0.03 %
S SKJELLAUG CAPITAL AS	Ordinary shares	50	0.03 %
GE Gailiunaite Elada	Ordinary shares	50	0.03 %
AV Airangels Ventures Lp Fund Ia	Ordinary shares	50	0.03 %
AV Airangels Ventures Lp Fund I	Ordinary shares	50	0.03 %
M MOTBAKKA INVEST AS	Ordinary shares	50	0.03 %

Shares owned by the TWO AS

Name	Share class	Total number of shares	Share
T TWO BCOMMERCE AS	Ordinary shares	30,000	100 %
T TWO B2B AS	Ordinary shares	3,000	100 %
T TWO FAKTURA AS	Ordinary shares	3,000	100 %
T TWO AS	Ordinary shares	4,444	2.35 %

Last update: Jun 2, 2025

Group structure

TWO AS
Total operating income 2024: NOK 12,943,920
Operating profit 2024: NOK -30,715,939
Employees: 22

Financials

in NOK

Summary

Year	2024	2023	2022	2020
Total operating income	12,943,920	136,593	174,239	33,949
Annual Total Result	-8,147,532	-55,213,844	-30,778,759	-11,623,732
Total assets	196,146,940	237,461,781	262,437,713	76,246,066
Total liabilities	9,613,880	43,722,362	19,755,489	6,653,814
Total equity	186,533,060	193,739,420	242,682,224	69,592,252

P&L

Year	2024	2023	2022	2020
Total operating income	12,943,920	136,593	174,239	33,949
Total operating costs	43,659,859	59,430,986	43,119,150	11,861,993
Operating result	-30,715,939	-59,294,393	-42,944,911	-11,828,044
Financial income/costs	22,568,407	4,080,549	12,166,152	204,312
Profit before tax	-8,147,532	-55,213,844	-30,778,759	-11,623,732
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	-8,147,532	-55,213,844	-30,778,759	-11,623,732

Balance overview

Year	2024	2023	2022	2020
Total fixed assets	53,604,803	12,371,763	245,533	80,267
Total current assets	142,542,137	225,090,018	262,192,181	76,165,799
Total assets	196,146,940	237,461,781	262,437,713	76,246,066
Short term debt	5,533,063	43,722,362	19,755,489	6,653,814
Long term debt	4,080,817	0	0	0
Total liabilities	9,613,880	43,722,362	19,755,489	6,653,814
Contributed capital	291,458,515	291,461,050	285,102,638	81,215,984
Retained earnings	-104,925,455	-97,721,630	-42,420,414	-11,623,732
Total equity	186,533,060	193,739,420	242,682,224	69,592,252
Total equity and liabilities	196,146,940	237,461,782	262,437,713	76,246,066

TWO AS925 976 105

TWO AS

Keywords

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the TWO AS

Group structure

Financials

Summary

P&L

Balance overview

Classification