FERD AS

Operating

Investerings- og forvaltningsvirksomhet, herunder deltakelse i andre selskaper, erverv av aksjer og andre selskapsandeler, samt erverv og drift av fast eiendom, samt all hertil hørende virksomhet.

Organization

CEO: MB
Morten Borge1981
Chairman of the board: JH
Johan Henrik Andresen1961
Years since formation: 31 years; since Feb 19, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 84

Ownership

Number of shares and share classes: 183,267,630; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2025: 6,059,000,000; NOK
Annual total result 2025: 5,382,000,000; NOK
Total equity 2025: 53,816,000,000; NOK

Last update: Oct 13, 2026

Management

Management / administration

Name	Role	Shares
MB Morten Borge 1981	Managing Director/CEO	-

Board

Name	Role	Shares
JH Johan Henrik Andresen 1961	Chairman	-
MB Morten Borge 1981	Board Member	-
TE Tom Erik Myrland 1969	Board Member	-
EC Erik Carl Rosness 1974	Board Member	-
JH Janne Hagen Lygren 1987	Board Member	-
JR Jannike Rosén 1987	Board Member	-
RK Rikke Kirstine Bjerke 1986	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
AA Andresen-Thompson Alexandra 1996	-	42.4 % indirectly
KA Kvasnes Andresen Katharina 1995	-	42.4 % indirectly
HA Henrik Andresen Johan 1961	-	15.2 % indirectly

Last update: Jan 9, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
F FERD HOLDING AS	Ordinary shares	183,267,630	100 %

Shares owned by the FERD AS

Name	Share class	Total number of shares	Share
F FERD SEAGUST AS Closed	Ordinary shares	30,000	100 %
A AS NORSE CROWN COMPANY LTD Under liquidation	Ordinary shares	710	100 %
F FERD LAB INVEST AS	Ordinary shares	30,000	100 %
F FERD BRAV HOLDING AS	Ordinary shares	30,000	100 %
F FERD MNEMONIC HOLDING AS	Ordinary shares	30,000	100 %
F FERD SIMPLOYER HOLDING AS	Ordinary shares	30,000	100 %
D DEBATTENE OM NORGES FREMTID AS	Ordinary shares	30,000	100 %
F FERD NORKART HOLDING AS	Ordinary shares	30,000	100 %
E EVENTYRLYST AS	Ordinary shares	30,000	100 %
F FERD VEKSTPARTNER AS	Ordinary shares	30,000	100 %
F FERD FJORD LINE HOLDING AS	Ordinary shares	30,000	100 %
F FERD FORTE HOLDING AS	Ordinary shares	30,000	100 %
F FERD GO HOLDING AS	Ordinary shares	30,000	100 %
F FERD MESTERGRUPPEN HOLDING AS	Ordinary shares	30,000	100 %
F FERD SERVI HOLDING AS	Ordinary shares	30,000	100 %
F FERD AIDIAN TOP HOLDING AS	Ordinary shares	30,000	100 %
K KUNSTBLOKKA PÅ ROMSÅS AS	Ordinary shares	30,000	100 %
C CHESS MATES CAPITAL AS	Ordinary shares	30,000	100 %
F FERD EIENDOM AS	Ordinary shares	100	100 %
F FERD AIBEL HOLDING AS	Ordinary shares	1,000	100 %
F FC WELL INVEST AS	Ordinary shares	100,000	100 %
C CREDO INVEST NR 10 AS	A-shares	906,448	91.34 %
E ENERGY VENTURES II AS	Preference shares	46,850,347	88.63 %
D DOVETAIL 2 AS	C-shares	18,650,000	84.39 %
A AXIF 1 AS	Class B shares	11,747,819	79 %
A AXIF 13 AS	Class B shares	234,765	77.21 %
A AXIF 6 AS	Class B shares	396,782	73.5 %
A AXIF 12 AS	Class B shares	218,018	72.52 %
D DOVETAIL 1 AS	C-shares	2,910,392	62.88 %
F FLOW US HOLDING AS	Ordinary shares	383,188,146	58.21 %
M MINERVA TOPCO AS	Ordinary shares	120,275,487	51.88 %
D DOVETAIL 4 AS	C-shares	1,625,000	46.97 %
D DOVETAIL 3 AS	C-shares	41,100,000	45.58 %
A AXIF 2 AS	Class B shares	138,944	44.54 %
E ELOPAK ASA	Ordinary shares	119,465,870	44.37 %
G GAMMEL NOK HOLDING AS	Ordinary shares	276,318	32.43 %
E EV PRIVATE EQUITY III AS Under liquidation	Ordinary shares	25,000	25 %
M MOTITECH AS	Ordinary shares	27,000	21.26 %
W WIND CATCHING SYSTEMS AS	Ordinary shares	75,348	20.79 %
G GEOPROCEEDS AS Closed	Ordinary shares	508,725	18.85 %
M MUNKENE AS	Class B shares	2,000,000	18.42 %
A ABLER NORDIC GP V AS	Ordinary shares	67,742	16.13 %
A ABLER NORDIC AS	Ordinary shares	8,424,341	14.21 %
S STARTUPLAB FOUNDERS FUND II AS	A-shares	10,000,000	13.53 %
M MOMENTUM II AS	C-shares	217,192	13.12 %
N NORWEGIAN MICROFINANCE INITIATIVE AS	Ordinary shares	625,000	12.5 %
C CLOUDBERRY CLEAN ENERGY ASA	Ordinary shares	35,454,343	11.15 %
A ABLER NORDIC GP IV AS	Ordinary shares	1,331,815	11.04 %
S STARTUPLAB FOUNDERS FUND III AS	Ordinary shares	10,000,000	10.58 %
S SHORELINE AS	Preference shares	1,756,277	9.16 %
L LUDENSO AS	Ordinary shares	54,571	9.16 %
M MOMENTUM III AS	A-shares	375,691	7.37 %
N NOFENCE AS	Ordinary shares	309,456	6.68 %
S STARTUPLAB FOUNDERS FUND IV AS	A-shares	10,000,000	6.65 %
S STARTUPLAB FOUNDERS FUND V AS	A-shares	1,800,000	6.06 %
D DISRUPTIVE TECHNOLOGIES ASA	Ordinary shares	5,730,992	5.92 %
C COLUMBI SALMON AS	Ordinary shares	6,000,241	5.09 %
L LERØY SEAFOOD GROUP ASA	Ordinary shares	13,502,548	2.27 %
N NORSK TITANIUM AS	Ordinary shares	19,138,638	1.86 %
W WHEEL.ME AS	Ordinary shares	601,251	1.53 %
Z ZI-LIFT AS Closed	NO0010589609	3,840,628	0.84 %
T TOMRA SYSTEMS ASA	Ordinary shares	376,574	0.13 %
P PIXOTOPE TECHNOLOGIES AS	Ordinary shares	1,698	< 0.01 %

Last update: Sep 25, 2026

Group structure

FERD HOLDING AS
Total operating income 2025: NOK 5,350,000,000
Operating profit 2025: NOK 5,342,000,000
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	6,059,000,000	5,610,000,000	4,289,000,000	-4,258,000,000	7,539,000,000
Annual Total Result	5,382,000,000	5,076,000,000	3,832,000,000	-4,469,000,000	7,178,000,000
Total assets	58,414,000,000	53,641,000,000	48,437,000,000	44,327,000,000	50,011,000,000
Total liabilities	4,598,000,000	4,370,000,000	3,768,000,000	2,519,000,000	3,078,000,000
Total equity	53,816,000,000	49,271,000,000	44,669,000,000	41,808,000,000	46,933,000,000

P&L

Year	2025	2024	2023	2022	2021
Total operating income	6,059,000,000	5,610,000,000	4,289,000,000	-4,258,000,000	7,539,000,000
Total operating costs	499,000,000	435,000,000	354,000,000	216,000,000	445,000,000
Operating result	5,560,000,000	5,175,000,000	3,935,000,000	-4,474,000,000	7,094,000,000
Financial income/costs	-160,000,000	17,000,000	-52,000,000	95,000,000	4,000,000
Profit before tax	5,400,000,000	5,192,000,000	3,883,000,000	-4,379,000,000	7,098,000,000
Total tax & extraordinary income/cost	18,000,000	116,000,000	51,000,000	90,000,000	-80,000,000
Annual Total Result	5,382,000,000	5,076,000,000	3,832,000,000	-4,469,000,000	7,178,000,000

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	35,189,000,000	32,039,000,000	30,801,000,000	26,660,000,000	27,945,000,000
Total current assets	23,225,000,000	21,602,000,000	17,636,000,000	17,667,000,000	22,066,000,000
Total assets	58,414,000,000	53,641,000,000	48,437,000,000	44,327,000,000	50,011,000,000
Short term debt	2,795,000,000	2,556,000,000	2,083,000,000	1,574,000,000	2,307,000,000
Long term debt	1,803,000,000	1,814,000,000	1,685,000,000	945,000,000	771,000,000
Total liabilities	4,598,000,000	4,370,000,000	3,768,000,000	2,519,000,000	3,078,000,000
Contributed capital	4,050,000,000	4,050,000,000	4,050,000,000	4,050,000,000	46,933,000,000
Retained earnings	49,766,000,000	45,221,000,000	40,619,000,000	37,758,000,000	0
Total equity	53,816,000,000	49,271,000,000	44,669,000,000	41,808,000,000	46,933,000,000
Total equity and liabilities	58,414,000,000	53,641,000,000	48,437,000,000	44,327,000,000	50,011,000,000

Classification

21st company classification

BETA

Industrial large enterprise

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

FERD AS930 185 930

FERD AS

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the FERD AS

Group structure

Financials

Summary

P&L

Balance overview

Classification