NORDIC BRAIN TECH AS

Operating

Utvikle, markedsføre og selge medisinsk teknologi.

Organization

CEO: CR
Cathrine Ro Heuch1993
Chairman of the board: CE
Christel Elise Kanli1973
Years since formation: 7 years; since Aug 1, 2019
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 176,957; 1 share class
Total number of shareholders: 22; companies
Belongs to group of

Financials

Total operating income 2025: 10,186,188; NOK
Annual total result 2025: 2,883,442; NOK
Total equity 2025: 22,067,995; NOK

Last update: Jul 8, 2026

Management

Management / administration

Name	Role	Shares
CR Cathrine Ro Heuch 1993	Managing Director/CEO	12.29 % indirectly

Board

Name	Role	Shares
CE Christel Elise Kanli 1973	Chairman	-
RC Renée Christine Amundsen 1978	Board Member	-
AC Anders Christian Guttormsen 1980	Board Member	-
LL Lars Lundamo 1977	Board Member	-
AL Anton Lorenz Bondesen 1988	Board Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-
S SPAREBANK 1 REGNSKAPSHUSET SMN AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
JM Jesper Melin Ganc-Petersen 1974	-	20.11 % indirectly
CR Cathrine Ro Heuch 1993	Managing Director/CEO	12.29 % indirectly
MA Marcus Aleksander Engebretsen 1995	-	10.17 % indirectly
SA Stefan Artur Sobczyszyn Borg 1994	-	10.17 % indirectly
AS Anker Stubberud 1992	-	4.52 % indirectly
JT Jon Thomas Warset 1968	-	3.53 % indirectly
AO Alexander Olsen 1981	-	3.39 % indirectly
EA Erling Andreas Tronvik 1970	-	3.39 % indirectly
EK Einar Kinge 1955	-	2.7 % indirectly

Last update: Jul 8, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
C CODEE HOLDING AS	Ordinary shares	35,594	20.11 %
H HEUCH HOLDING AS	Ordinary shares	21,752	12.29 %
S STEFAN BORG HOLDING AS	Ordinary shares	18,000	10.17 %
E ENGEBRETSEN HOLDING AS	Ordinary shares	18,000	10.17 %
N NTNU TECHNOLOGY TRANSFER AS	Ordinary shares	15,000	8.48 %
S STARTUPLAB FOUNDERS FUND III AS	Ordinary shares	12,500	7.06 %
N NORDIC BRAIN TECH AS	Ordinary shares	9,000	5.09 %
I INVEN2 AS	Ordinary shares	8,877	5.02 %
S STUBBERUD INVEST AS	Ordinary shares	8,000	4.52 %
M MAZUREK INVEST AS	Ordinary shares	6,250	3.53 %
K KINGE HOLDING AS	Ordinary shares	6,250	3.53 %
T TRONVIK CONSULTING AS	Ordinary shares	6,000	3.39 %
A ALEX OLSEN INVEST AS	Ordinary shares	6,000	3.39 %
W WALLCROSS AS	Ordinary shares	1,750	0.99 %
G GRUM INVEST AS	Ordinary shares	1,139	0.64 %
W WEATEA AS	Ordinary shares	701	0.4 %
Æ ÆØÅ AS	Ordinary shares	570	0.32 %
H HACAPAR AS	Ordinary shares	526	0.3 %
K KANTO INVEST AS	Ordinary shares	350	0.2 %
S SKYMOEN HOLDING AS	Ordinary shares	350	0.2 %
S SPETS INDUSTRIES AS	Ordinary shares	263	0.15 %
P PIVOTAL AS	Ordinary shares	85	0.05 %

Shares owned by the NORDIC BRAIN TECH AS

Name	Share class	Total number of shares	Share
B BRAIN TWIN II AS Closed	Ordinary shares	30	100 %
B BRAIN TWIN AS	Ordinary shares	30	100 %
C CENLI AS	Ordinary shares	30	100 %
C CEREBRI BIOFEEDBACK II AS Closed	Ordinary shares	30	100 %
N NORDIC BRAIN TECH AS	Ordinary shares	9,000	5.09 %

Last update: Jun 2, 2025

Group structure

NORDIC BRAIN TECH AS
Total operating income 2025: NOK 10,186,188
Operating profit 2025: NOK 2,871,345
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	10,186,188	2,017,189	802,587	1,840,505	358,978
Annual Total Result	2,883,442	-8,325,864	-4,441,500	-1,275,535	-1,026,869
Total assets	22,818,916	17,893,468	25,515,189	19,559,649	5,517,664
Total liabilities	750,922	2,683,222	1,979,081	1,582,535	6,894,468
Total equity	22,067,995	15,210,245	23,536,108	17,977,114	-1,376,804

P&L

Year	2025	2024	2023	2022	2021
Total operating income	10,186,188	2,017,189	802,587	1,840,505	358,978
Total operating costs	7,314,843	8,552,628	6,539,821	3,440,439	1,646,768
Operating result	2,871,345	-6,535,439	-5,737,235	-1,599,934	-1,287,790
Financial income/costs	12,666	369,903	-18,420	-49,483	-28,709
Profit before tax	2,884,011	-6,165,536	-5,755,655	-1,649,417	-1,316,499
Total tax & extraordinary income/cost	569	2,160,328	-1,314,155	-373,882	-289,630
Annual Total Result	2,883,442	-8,325,864	-4,441,500	-1,275,535	-1,026,869

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	22,524,647	8,231,002	7,637,655	5,075,393	1,523,329
Total current assets	294,269	9,662,466	17,877,535	14,484,256	3,994,335
Total assets	22,818,916	17,893,468	25,515,189	19,559,649	5,517,664
Short term debt	750,922	2,683,222	1,979,081	1,582,535	2,394,468
Long term debt	0	0	0	0	4,500,000
Total liabilities	750,922	2,683,222	1,979,081	1,582,535	6,894,468
Contributed capital	27,966,153	26,235,377	26,235,377	17,977,114	105,430
Retained earnings	-5,898,158	-11,025,132	-2,699,269	0	-1,482,234
Total equity	22,067,995	15,210,245	23,536,108	17,977,114	-1,376,804
Total equity and liabilities	22,818,916	17,893,467	25,515,189	19,559,649	5,517,664

Classification

21st company classification

BETA

Scaleup

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

NORDIC BRAIN TECH AS923 149 430

NORDIC BRAIN TECH AS

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the NORDIC BRAIN TECH AS

Group structure

Financials

Summary

P&L

Balance overview

Classification