OBSERVE MEDICAL ASA

Operating

Observe Medical – Medical Technology World Class

Selskapets virksomhet er å utvikle, produsere, markedsføre og selge medisinsk teknisk utstyr og relaterte produkter, utføre konsulenttjenester i denne sammenheng, samt å investere i relatert virksomhet.

Keywords

pharmaceuticalshospital equipmentorthopedic articles

Organization

CEO: JM
Jørgen Mann Nielsen1969
Chairman of the board: TB
Terje Bakken1966
Years since formation: 7 years; since Jun 17, 2019
Type: Public limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 136,148,412; 1 share class
Total number of shareholders: 2268; 141 companies, 2,127 persons
Belongs to group of

Financials

Total operating income 2025: 2,935,000; NOK
Annual total result 2025: -49,147,000; NOK
Total equity 2025: 12,296,000; NOK

Last update: Sep 29, 2026

Management

Management / administration

Name	Role	Shares
JM Jørgen Mann Nielsen 1969	Managing Director/CEO	-

Board

Name	Role	Shares
TB Terje Bakken 1966	Chairman	-
KE Kathrine Elisabeth Gamborg Andreassen 1966 Resigned	Board Member	-
EE Eskild Endrerud 1990	Board Member	-
LT Line Tønnessen 1990	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
E ECIT SERVICES AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KB Kristine Blystad Anette 1990	-	7.82 % indirectly
RN Reiten Narve 1961	-	7.24 % indirectly
MT Myhre Trond 1958	-	4.65 % indirectly
FL Folker Larsen Stian 1973	-	3.35 % indirectly
BV Bjørntvedt Vegard 1986	-	3.32 % directly 3.3 % indirectly 0.02 %
RL Ro Lars 1953	-	2.94 % directly
JE Johansson Eric 1970	-	2.79 % directly 0.58 % indirectly 2.2 %
BT Bakken Terje 1966	-	2.74 % indirectly 2.73 %
MB Marie Blystad Sulejewski Agnes 1987	-	2.39 % indirectly
JB Josephine Blystad Fürst Julie 1987	-	2.39 % indirectly

Last update: Sep 29, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
N NAVAMEDIC ASA	Ordinary shares	12,564,279	9.23 %
R R INVESTMENT COMPANY AS	Ordinary shares	10,703,684	7.86 %
S SONGA CAPITAL AS	Ordinary shares	10,000,000	7.34 %
J JPB AS	Ordinary shares	7,170,996	5.27 %
K KING KONG INVEST AS	Ordinary shares	6,333,333	4.65 %
S SEED CAPITAL AS	Ordinary shares	5,236,268	3.85 %
BV Bjørntvedt Vegard 1986	Ordinary shares	4,493,951	3.3 %
RL Ro Lars 1953	Ordinary shares	4,004,004	2.94 %
E EIDCO AS	Ordinary shares	4,000,000	2.94 %
L LIVERMORE INVEST AS	Ordinary shares	3,597,508	2.64 %
G GLIMT INVEST AS	Ordinary shares	3,005,113	2.21 %
E EM KAPITAL AS	Ordinary shares	3,000,000	2.2 %
J JJB AS	Ordinary shares	2,100,000	1.54 %
A AKB AS	Ordinary shares	2,100,000	1.54 %
A AGMABLY AS	Ordinary shares	2,100,000	1.54 %
S SONGA X AS	Ordinary shares	2,100,000	1.54 %
A ABAGUST AS	Ordinary shares	2,000,000	1.47 %
G GINNY INVEST AS	Ordinary shares	1,616,666	1.19 %
N NORDNET LIVSFORSIKRING AS	Ordinary shares	1,614,329	1.19 %
M METAL MONKEY AS	Ordinary shares	1,506,144	1.11 %
BH Bjørntvedt Harald 1991	Ordinary shares	1,431,467	1.05 %
P PHILIP HOLDING AS	Ordinary shares	1,366,666	1 %
HK Helge Kristiansen Dagfinn 1965	Ordinary shares	1,210,000	0.89 %
L LAGOPUS AS	Ordinary shares	1,200,000	0.88 %
BE Bjørntvedt Eivind 1984	Ordinary shares	1,000,398	0.73 %
HT Haug Torgeir 1956	Ordinary shares	1,000,000	0.73 %
Q QUICK ISLAND INVEST AS	Ordinary shares	1,000,000	0.73 %
J JTT AS	Ordinary shares	911,921	0.67 %
E ELI AS	Ordinary shares	884,219	0.65 %
WA Wangestad Andreas 1979	Ordinary shares	850,000	0.62 %
A ABC INVEST AS	Ordinary shares	811,580	0.6 %
JE Johansson Eric 1970	Ordinary shares	795,936	0.58 %
WB Wigdel Bengt 1968	Ordinary shares	755,265	0.55 %
G GUNERIUS PETTERSEN AS	Ordinary shares	748,333	0.55 %
F F2 FUNDS AS	Ordinary shares	720,492	0.53 %
MS Martin Solvang Per 1941	Ordinary shares	633,083	0.46 %
LØ Linde Ørjan 1960	Ordinary shares	632,999	0.46 %
P PETTER MØRCK HOLDING AS	Ordinary shares	536,000	0.39 %
PG Pettersen Gunerius 1979	Ordinary shares	500,000	0.37 %
G GØY INVEST AS	Ordinary shares	400,521	0.29 %
A ANTRO INVEST AS	Ordinary shares	382,000	0.28 %
AA Aliassi Araz 2003	Ordinary shares	363,468	0.27 %
MF Magnus Fagerli Johan 1980	Ordinary shares	356,716	0.26 %
DH Duus Haanes Preben 1971	Ordinary shares	350,000	0.26 %
JS Jahangir Serbest 1976	Ordinary shares	336,410	0.25 %
OS Ove Sæstad Jan 1959	Ordinary shares	328,051	0.24 %
HL Henning Larsen Dag 1959	Ordinary shares	300,000	0.22 %
OT Ormestad Tellef 1959	Ordinary shares	291,737	0.21 %
B BØLGEN HOLDING AS	Ordinary shares	263,033	0.19 %
TL Tønnessen Line 1990	Ordinary shares	253,037	0.19 %
E ELMON AS	Ordinary shares	252,000	0.19 %
H HARDING INVEST AS	Ordinary shares	251,675	0.18 %
L LUCELLUM AS	Ordinary shares	250,000	0.18 %
S SOLEGLAD INVEST AS	Ordinary shares	244,343	0.18 %
L LAPAS AS	Ordinary shares	231,220	0.17 %
WE Wist Einar 1952	Ordinary shares	231,000	0.17 %
EL Elverum Line 1988	Ordinary shares	226,989	0.17 %
AE Anskar Eileraas Karl 1962	Ordinary shares	209,066	0.15 %
C CAM AS Closed	Ordinary shares	208,876	0.15 %
BS Berge Sæbø Kristoffer 1997	Ordinary shares	203,412	0.15 %
BH Boye Hansen Arne 1965	Ordinary shares	200,666	0.15 %
S SD TRANSPORT AS	Ordinary shares	200,000	0.15 %
FC Folker-Larsen Christopher 2003	Ordinary shares	200,000	0.15 %
EM Eirik Mathiesen Lars 1973	Ordinary shares	200,000	0.15 %
KP Kristiansen Per 1943	Ordinary shares	177,004	0.13 %
SB Sebastian Behrens Marius 2000	Ordinary shares	166,750	0.12 %
T TAJ HOLDING AS	Ordinary shares	165,433	0.12 %
HC Helge Christensen Alf 1966	Ordinary shares	152,302	0.11 %
M MASITO AS	Ordinary shares	150,716	0.11 %
JK Johansen Karl-Harald 1974	Ordinary shares	150,000	0.11 %
HN Halvor Nygaard Arvid 1959	Ordinary shares	140,000	0.1 %
L LOUCHE AS	Ordinary shares	139,453	0.1 %
BN Bjørkheim Nilssen Jostein 1972	Ordinary shares	134,669	0.1 %
HK Hagen Knudsvik Jakob 1949	Ordinary shares	133,385	0.1 %
V VESTKNUTEN AS	Ordinary shares	133,214	0.1 %
H HAMARA INVEST AS	Ordinary shares	130,940	0.1 %
AB Andreas Baksaas Ole 1953	Ordinary shares	130,066	0.1 %
AP Alne Paulsen Håkon 1988	Ordinary shares	130,000	0.1 %
MP Mørck Petter 1979	Ordinary shares	126,653	0.09 %
HR Hovind Roald 1967	Ordinary shares	121,463	0.09 %
MH Magne Hognestad Odd 1969	Ordinary shares	120,000	0.09 %
LA Lende Andreas 2006	Ordinary shares	119,173	0.09 %
MW Magne Wik Leif 1968	Ordinary shares	115,000	0.08 %
IH Inge Hanssen Astor 1959	Ordinary shares	109,296	0.08 %
N NEMETH FINANS AS	Ordinary shares	106,696	0.08 %
K KG BYGG OG BETONG AS	Ordinary shares	106,160	0.08 %
RR Rudi Rolf 1951	Ordinary shares	106,000	0.08 %
SR Selnes Rolf 1959	Ordinary shares	101,641	0.07 %
TT Tedros Tikabo Abraham 2000	Ordinary shares	100,294	0.07 %
T TRYGVE LEINUM HOLDING AS	Ordinary shares	100,000	0.07 %
JA Jensen Arild 1972	Ordinary shares	100,000	0.07 %
B BRETTEL ØKONOMI AS	Ordinary shares	100,000	0.07 %
SK Sønsterud Kenneth 1984	Ordinary shares	100,000	0.07 %
JM Jacobsen Marianne 1986	Ordinary shares	96,040	0.07 %
ER Eriksen Ronny 1975	Ordinary shares	93,920	0.07 %
SO Skårland Oddgeir 1988	Ordinary shares	90,000	0.07 %
OS Oddvar Sognlien Bjørn 1960	Ordinary shares	89,834	0.07 %
NH Neverdal Henning 1978	Ordinary shares	88,088	0.06 %
AH Andre Hansen Ronny 1973	Ordinary shares	85,133	0.06 %
K KIKINN INVEST AS	Ordinary shares	83,333	0.06 %

Shares owned by the OBSERVE MEDICAL ASA

Name	Share class	Total number of shares	Share
O OBSERVE MEDICAL AS	Ordinary shares	3,000	100 %
B BIIM ULTRASOUND AS Closed	Ordinary shares	204,016,141	99.65 %

Last update: Sep 25, 2026

Group structure

OBSERVE MEDICAL ASA
Total operating income 2025: NOK 2,935,000
Operating profit 2025: NOK -16,275,000
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	2,935,000	3,974,000	2,591,000	1,474,000	1,493,000
Annual Total Result	-49,147,000	-194,216,000	-27,578,000	-13,605,000	-12,244,000
Total assets	84,167,000	98,083,000	467,114,000	449,030,000	216,687,000
Total liabilities	71,871,000	90,130,000	111,809,000	96,564,000	141,499,000
Total equity	12,296,000	7,952,000	355,305,000	352,466,000	75,186,000

P&L

Year	2025	2024	2023	2022	2021
Total operating income	2,935,000	3,974,000	2,591,000	1,474,000	1,493,000
Total operating costs	19,210,000	18,592,000	21,715,000	20,424,000	18,914,000
Operating result	-16,275,000	-14,618,000	-19,124,000	-18,950,000	-17,421,000
Financial income/costs	-32,872,000	-179,598,000	-8,454,000	5,345,000	5,177,000
Profit before tax	-49,147,000	-194,216,000	-27,578,000	-13,605,000	-12,244,000
Total tax & extraordinary income/cost	0	0	0	0	0
Annual Total Result	-49,147,000	-194,216,000	-27,578,000	-13,605,000	-12,244,000

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	70,934,000	95,035,000	452,536,000	438,129,000	212,362,000
Total current assets	13,233,000	3,048,000	14,578,000	10,901,000	4,325,000
Total assets	84,167,000	98,083,000	467,114,000	449,030,000	216,687,000
Short term debt	10,411,000	9,849,000	10,346,000	46,640,000	62,228,000
Long term debt	61,460,000	80,281,000	101,463,000	49,924,000	79,271,000
Total liabilities	71,871,000	90,130,000	111,809,000	96,564,000	141,499,000
Contributed capital	61,580,000	417,046,000	381,053,000	394,558,000	105,027,000
Retained earnings	-49,284,000	-409,094,000	-25,748,000	-42,092,000	-29,841,000
Total equity	12,296,000	7,952,000	355,305,000	352,466,000	75,186,000
Total equity and liabilities	84,167,000	98,082,000	467,114,000	449,030,000	216,685,000

Classification

21st company classification

BETA

Scaleup

OBSERVE MEDICAL ASA822 907 822

OBSERVE MEDICAL ASA

Keywords

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the OBSERVE MEDICAL ASA

Group structure

Financials

Summary

P&L

Balance overview

Classification