Tom-Even Mortensen • 1965 • Oslo • 34 roles • 33 shareholdings

Roles

Management

Name	Role	Total operating income	Total equity	Shares
C COMMERCOR AS	Managing Director/CEO	-	52,792,975	100 % directly
C COMMERCOR CONSULT AS	Managing Director/CEO	-	4,078,616	100 % indirectly
S SANDWATER FOUNDATION AS	Managing Director/CEO	-	-108,386	100 % indirectly
S SANDWATER AS	Managing Director/CEO	28,986,658	12,470,667	30.81 % indirectly
S SANDWATER INVEST AS	Managing Director/CEO	-	10,791,759	0.76 % indirectly
S SANDWATER FUND II AS	Managing Director/CEO	-	-	-

Boards

Name	Role	Total operating income	Total equity	Shares
C COMMERCOR AS	Chairman	-	52,792,975	100 % directly
C COMMERCOR CONSULT AS	Chairman	-	4,078,616	100 % indirectly
S SANDWATER FOUNDATION AS	Chairman	-	-108,386	100 % indirectly
S SW TEAM II AS	Chairman	-	30,000	100 % indirectly
S SANDWATER CO-INVEST AS	Chairman	-	5,566,755	38.05 % indirectly
D DRYSEP AS	Chairman	-	123,169	33.01 % indirectly
S STANDARD BIO AS	Chairman	20,435,267	19,574,018	33.01 % indirectly
S SW SPONSOR AS	Chairman	-	74,217	25 % indirectly
T TURBULENT FLUX AS	Chairman	6,881,823	22,636,346	23.33 % indirectly
S SIRKULÆR INVEST AS	Board Member	-	25,185,905	20.07 % indirectly
C CRUDA AS	Chairman	1,500,000	2,547,318	16.51 % indirectly
C CYTO INVEST AS	Chairman	-	195,283,951	5.9 % indirectly
M MID MARKET FEEDER AS	Board Member	-	5,768,493	3.59 % indirectly
A ANTEC BIOGAS AS	Chairman	34,979,200	163,356,570	1.47 % indirectly
S SANDWATER FUND I AS	Chairman	-	668,600,063	0.76 % indirectly
S SANDWATER INVEST AS	Chairman	-	10,791,759	0.76 % indirectly
B BAGGINS VENTURE AS	Chairman	-	69,502,470	-
S SUMMEN VENTURE AS	Chairman	-	96,865,336	-
B BØESETER EIENDOM AS	Alternate Member	-	37,379	-
F FOOL STUDIO AS	Chairman	-	30,000	-
N NORWEGIAN ADVENTURE GROUP AS	Board Member	-	16,546,263	-
N NORSK VENTUREKAPITALFORENING	Chairman	4,427,790	2,611,112	-
R RISØYA VANN- OG AVLØPSSAMEIE	Board Member	-	-	-
L LYNGEN AURORA HOLDING AS	Board Member	-	-3,556,055	-
H HOUSE21 AS	Board Member	-	-	-
S SANDWATER FUND II AS	Chairman	-	-	-
S SANDWATER FUND I 1X AS	Chairman	-	-	-
S SANDWATER FUND I 1X II AS	Chairman	-	-	-

Last update: Oct 29, 2025

Related industries5

Direct relationships5

TD
Torkel Dyrbæk Engeness1972
SANDWATER FUND I AS, STANDARD BIO AS, SANDWATER CO-INVEST AS, CRUDA AS, SW SPONSOR AS, SANDWATER FUND I 1X AS, SANDWATER FUND I 1X II AS
ME
Morten Erik Iversen1971
SANDWATER FUND I AS, SANDWATER CO-INVEST AS, CYTO INVEST AS, SW SPONSOR AS, SANDWATER FUND I 1X AS, SANDWATER FUND I 1X II AS
MK
Morten Korsveien1992
SANDWATER INVEST AS, SIRKULÆR INVEST AS, SANDWATER FOUNDATION AS, SW SPONSOR AS, SW TEAM II AS, SANDWATER FUND I 1X II AS
KM
Kristian Melhuus1981
SANDWATER FUND I AS, TURBULENT FLUX AS, SANDWATER CO-INVEST AS, SW SPONSOR AS, SANDWATER FUND I 1X AS, SANDWATER FUND I 1X II AS
BM
Bjørn Moldskred1962
DRYSEP AS, STANDARD BIO AS

Shares owned by Tom-Even Mortensen

Name	Share class	Total operating income	Total equity	Share
C COMMERCOR AS	Ordinære aksjer	0	52,792,975	100 % directly
C COMMERCOR CONSULT AS		0	4,078,616	100 % indirectly
S SANDWATER FOUNDATION AS		0	-108,386	100 % indirectly
S SANDWATER CO-INVEST II AS		0	1,530,000	100 % indirectly
S SW TEAM II AS		0	30,000	100 % indirectly
S SANDWATER CO-INVEST AS		0	5,566,755	38.05 % indirectly
D DRYSEP AS		0	123,169	33.01 % indirectly
U UPCYCLE TECHNOLOGIES AS		0	-192,527	33.01 % indirectly
E ERA BIOCARBON AS		651,663	-2,539,046	33.01 % indirectly
B BIONÉR AS		1,268,186	-7,513,230	33.01 % indirectly
S STANDARD BIO AS		20,435,267	19,574,018	33.01 % indirectly
S SANDWATER AS		28,986,658	12,470,667	30.81 % indirectly
S SW SPONSOR AS		0	74,217	25 % indirectly
T TURBULENT FLUX AS		6,881,823	22,636,346	23.33 % indirectly
S SIRKULÆR INVEST AS		0	25,185,905	20.07 % indirectly
C CRUDA AS		1,500,000	2,547,318	16.51 % indirectly
G GAMKINN BIO AS Closed		0	11,591	13.2 % indirectly
H HAGU RENTAL AS		5,500,000	2,422,764	7.09 % indirectly
H HALLGRUPPEN AS		771,251,894	126,005,356	7.09 % indirectly
T TENTIT AS		0	17,953	7.09 % indirectly
H HG PROSJEKT AS		0	17,953	7.09 % indirectly
C CYTO INVEST AS		0	195,283,951	5.9 % indirectly
M MID MARKET FEEDER AS		0	5,768,493	3.59 % indirectly
C CYTOVATION ASA		0	-93,331,724	2.04 % indirectly
A ANTEC ASIA AS Closed		0	-80,513	1.47 % indirectly
A ANTEC BIOGAS AS		34,979,200	163,356,570	1.47 % indirectly
A ANTEC BOO AS		0	128,169,664	1.47 % indirectly
V VEST BIOGASS AS		0	118,219,276	1.32 % indirectly
M MALM BIOGASS AS		0	2,549,977	1.14 % indirectly
R RØRVIK BIOGASS AS		0	23,500	1.03 % indirectly
S SANDWATER FUND I AS		0	668,600,063	0.76 % indirectly
S SANDWATER INVEST AS		0	10,791,759	0.76 % indirectly
L LOSBY GOLFPARK AS	NO0010355241	21,722,688	10,353,595	0.06 % directly < 0.01 %

Limited to direct ownership positions of 0.5% or more.

Last update: Jun 2, 2025

Tom-Even Mortensen1965

Roles

Management

Boards

Related industries5

Direct relationships5

Shares owned by Tom-Even Mortensen