CLOUD INSURANCE AS

Operating

Cloud Insurance is a seamless all-in-one insurtech solution for agents, insurance companies, brokers, and MGAs. From policy administration, claims management, to insurance distribution, finances, reporting, and customer journeys. Automate everything needed in your day-to-day life as an insurer.

Utvikling, utleie, salg og drift av programvare og internettbaserte tjenester, konsulentvirksomhet innen IKT, samt alt annet som er naturlig knyttet til virksomheten. Selskapet kan delta i andre selskaper.

Organization

CEO: AS
Axel Sjøstedt1985
Chairman of the board: RB
Ragnar Bø1955
Years since formation: 14 years; since Aug 14, 2012
Type: Limited company
VAT registered: Yes
Number of employees: 9

Ownership

Number of shares and share classes: 34,773,897; 1 share class
Total number of shareholders: 63; 38 companies, 25 persons

Financials

Total operating income 2025: 26,855,411; NOK
Annual total result 2025: 5,624,793; NOK
Total equity 2025: 15,424,844; NOK

Last update: Sep 14, 2026

Management

Management / administration

Name	Role	Shares
AS Axel Sjøstedt 1985	Managing Director/CEO	-

Board

Name	Role	Shares
RB Ragnar Bø 1955	Chairman	-
HL Håvard Landrø Nilsen 1987	Board Member	-
MM Max Martin Hofer 1979	Board Member	-
TT Torgrim Takle 1977	Board Member	-

Others

Name	Role	Shares
V VIDI REVISJON AS	Auditor	-
D DIGITALL AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
SA Sjøstedt Axel 1985	-	16.68 % indirectly
LN Landrø Nilsen Håvard 1987	-	11.79 % indirectly
BR Bø Ragnar 1955	-	10.06 % indirectly
SR Scheen Raaholt Paal 1960	-	5.74 % indirectly
ST Skeie Trym 1968	-	4.2 % indirectly
JA Joachim Amundsen Une 1977	-	3.62 % indirectly
EA Erik Askim Tor 1981	-	2.88 % indirectly
HF Harald Farnes George 1959	-	2.84 % indirectly
TN Thanh Nguyen Tim 1974	-	2.55 % indirectly
JM Johansen Michael 1981	-	2.5 % indirectly

Last update: Dec 27, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
I ITIRO AS	Ordinary shares	5,800,000	16.68 %
H HLN AS	Ordinary shares	4,100,000	11.79 %
M MP PENSJON PK	Ordinary shares	3,824,138	11 %
O OSLO PARTNERS AS	Ordinary shares	3,497,000	10.06 %
P PRINVEST AS	Ordinary shares	1,995,373	5.74 %
S SKEIE ALPHA VENTURE AS	Ordinary shares	1,460,000	4.2 %
U UNECHIM AS	Ordinary shares	1,259,569	3.62 %
T TEKAM INVEST AS	Ordinary shares	1,000,000	2.88 %
P PAMBU AS	Ordinary shares	988,830	2.84 %
L LCTN AS	Ordinary shares	887,040	2.55 %
N NUFTIG AS	Ordinary shares	870,400	2.5 %
F FLKX CAPITAL AS	Ordinary shares	683,404	1.97 %
PZ Paprika Zsolt 1984	Ordinary shares	580,480	1.67 %
E EASTINVEST AS	Ordinary shares	560,000	1.61 %
CB Capital Bv Eide	Ordinary shares	553,630	1.59 %
V VALAKER AS	Ordinary shares	550,000	1.58 %
P PHOLTER HOLDING AS	Ordinary shares	525,452	1.51 %
E ELERA CAPITAL PARTNERS AS	Ordinary shares	500,000	1.44 %
A ACTON CAPITAL AS	Ordinary shares	394,786	1.14 %
L LOC AS	Ordinary shares	366,089	1.05 %
W WEATEA AS	Ordinary shares	355,544	1.02 %
C CLOUD INSURANCE AS	Ordinary shares	290,425	0.84 %
H HACAPAR AS	Ordinary shares	250,000	0.72 %
K KLØKTIG INVEST AS	Ordinary shares	243,200	0.7 %
A ABISCO AS	Ordinary shares	238,000	0.68 %
M MININVEST AS	Ordinary shares	235,640	0.68 %
S SOMMERFUGL INVEST AS	Ordinary shares	225,726	0.65 %
AL Anette Ladim Kristin 1972	Ordinary shares	200,926	0.58 %
SK Sjöberg Kristian	Ordinary shares	190,900	0.55 %
VH Vivien Hall Caroline 1955	Ordinary shares	150,000	0.43 %
AV Aase Vabø Benedicte 1987	Ordinary shares	145,000	0.42 %
JE Juhani Elomaa	Ordinary shares	132,700	0.38 %
H HAGESELSKAPET AS	Ordinary shares	130,000	0.37 %
F FASTING & COMRADES AS	Ordinary shares	120,600	0.35 %
S SEEDS INVEST AS	Ordinary shares	115,000	0.33 %
B& Blondellot & Co Invest Ab	Ordinary shares	110,726	0.32 %
CA Cappelen Arnesen Hans 1964	Ordinary shares	105,544	0.3 %
CC Capital Consulting Oy Wetrock	Ordinary shares	101,600	0.29 %
TC Tan Che Quang 1948	Ordinary shares	100,000	0.29 %
D DUAM HOLDING AS	Ordinary shares	100,000	0.29 %
TN Thanh Nguyen Danh 1949	Ordinary shares	100,000	0.29 %
R ROSIDER AS	Ordinary shares	80,000	0.23 %
NT Niittymäki Toni	Ordinary shares	75,000	0.22 %
Z ZULU HOLDING AS	Ordinary shares	70,000	0.2 %
OB Oy Bremer Holding Ab	Ordinary shares	61,500	0.18 %
S SEABASE AS	Ordinary shares	56,200	0.16 %
FJ Fladby Jarneid Kirsten 1988	Ordinary shares	52,500	0.15 %
M MOBITAG AS	Ordinary shares	46,900	0.13 %
V V-ONE AS	Ordinary shares	46,400	0.13 %
B BOZAN AS	Ordinary shares	34,000	0.1 %
D DIGITALLY AS	Ordinary shares	32,000	0.09 %
S SQUIRCLE AS	Ordinary shares	30,000	0.09 %
LP Lahlum Petter 1980	Ordinary shares	27,200	0.08 %
NL Nicolas Loussouarn Yannick 1995	Ordinary shares	20,000	0.06 %
BK Basioli Kirkvik Anja 1992	Ordinary shares	17,550	0.05 %
OV Oy Varianssi	Ordinary shares	12,700	0.04 %
BT Bobryk Tetiana 1985	Ordinary shares	12,500	0.04 %
VN Van Ngo Hau 1988	Ordinary shares	10,000	0.03 %
WC Waese Charlotte	Ordinary shares	10,000	0.03 %
PR Phillips Ryan 1981	Ordinary shares	10,000	0.03 %
M MARAT NUF	Ordinary shares	9,525	0.03 %
UN Uy Nguyen Viet 1980	Ordinary shares	7,500	0.02 %
SM Shvets Mariia 1992	Ordinary shares	4,700	< 0.01 %

Shares owned by the CLOUD INSURANCE AS

Name	Share class	Total number of shares	Share
C CLOUD INSURANCE AS	Ordinary shares	290,425	0.84 %

Last update: Sep 25, 2026

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	26,855,411	24,881,243	24,105,499	15,537,588	9,440,012
Annual Total Result	5,624,793	1,208,534	-9,917,031	-9,878,605	-8,227,700
Total assets	22,565,564	23,209,951	24,709,690	23,805,775	16,074,641
Total liabilities	7,140,721	13,409,901	22,942,255	25,322,681	7,377,687
Total equity	15,424,844	9,800,050	1,767,435	-1,516,906	8,696,955

P&L

Year	2025	2024	2023	2022	2021
Total operating income	26,855,411	24,881,243	24,105,499	15,537,588	9,440,012
Total operating costs	20,591,138	22,207,573	32,557,062	27,740,445	20,154,029
Operating result	6,264,273	2,673,669	-8,451,563	-12,202,858	-10,714,017
Financial income/costs	-639,479	-1,465,135	-1,465,468	-338,825	-16,700
Profit before tax	5,624,793	1,208,534	-9,917,031	-12,541,683	-10,730,716
Total tax & extraordinary income/cost	0	0	0	-2,663,078	-2,503,016
Annual Total Result	5,624,793	1,208,534	-9,917,031	-9,878,605	-8,227,700

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	13,549,573	14,129,828	13,567,672	10,471,515	4,863,392
Total current assets	9,015,992	9,080,123	11,142,018	13,334,260	11,211,249
Total assets	22,565,564	23,209,951	24,709,690	23,805,775	16,074,641
Short term debt	2,572,398	3,177,076	5,048,755	5,947,127	3,377,687
Long term debt	4,568,323	10,232,825	17,893,500	19,375,554	4,000,000
Total liabilities	7,140,721	13,409,901	22,942,255	25,322,681	7,377,687
Contributed capital	8,700,730	8,700,730	1,767,435	145,259	18,271,989
Retained earnings	6,724,114	1,099,320	0	-1,662,165	-9,575,035
Total equity	15,424,844	9,800,050	1,767,435	-1,516,906	8,696,955
Total equity and liabilities	22,565,564	23,209,951	24,709,690	23,805,775	16,074,641

Classification

21st company classification

BETA

Small company

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

CLOUD INSURANCE AS998 710 502