Tom-Even Mortensen • 1965 • Oslo • 35 roles • 30 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	-	3,941,058	100 % indirectly
S SANDWATER FOUNDATION AS	Managing Director/CEO	-	-155,901	100 % indirectly
S SANDWATER AS	Managing Director/CEO	28,986,658	12,470,667	30.81 % indirectly
S SANDWATER INVEST AS	Managing Director/CEO	-	1,289,506	-
S SANDWATER FUND II AS	Managing Director/CEO	-	18,226	-

Boards

Name	Role	Total operating income	Total equity	Shares
C COMMERCOR AS	Chairman	-	52,792,975	100 % directly
C COMMERCOR CONSULT AS	Chairman	-	3,941,058	100 % indirectly
S SANDWATER FOUNDATION AS	Chairman	-	-155,901	100 % indirectly
S SANDWATER CO-INVEST II AS	Chairman	-	1,382,847	100 % indirectly
S SW TEAM II AS	Chairman	-	303,304	100 % indirectly
S SANDWATER CO-INVEST AS	Chairman	-	4,662,248	38.05 % indirectly
D DRYSEP AS Closed	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	-	1,012,243	25 % indirectly
T TURBULENT FLUX AS	Chairman	6,881,823	22,636,346	23.33 % indirectly
S SIRKULÆR INVEST AS	Board Member	-	31,637,196	20.07 % indirectly
C CRUDA AS	Chairman	-	-11,014,996	16.51 % indirectly
C CYTO INVEST AS	Chairman	-	195,283,951	5.9 % indirectly
M MID MARKET FEEDER AS	Board Member	-	6,828,868	3.59 % indirectly
A ANTEC BIOGAS AS	Chairman	30,081,097	306,268,795	1.47 % indirectly
S SANDWATER FUND I AS	Chairman	-	668,600,063	-
S SANDWATER INVEST AS	Chairman	-	1,289,506	-
B BAGGINS VENTURE AS	Chairman	-	51,884,335	-
S SUMMEN VENTURE AS	Chairman	-	87,046,082	-
B BØESETER EIENDOM AS	Alternate Member	-	22,030	-
F FOOL STUDIO AS Under liquidation	Chairman	-	30,000	-
N NORWEGIAN ADVENTURE GROUP AS	Board Member	-	16,412,288	-
N NORSK VENTUREKAPITALFORENING	Chairman	4,259,968	2,862,267	-
R RISØYA VANN- OG AVLØPSSAMEIE	Board Member	-	-	-
L LYNGEN AURORA HOLDING AS	Board Member	-	125,666,680	-
H HOUSE21 AS Under liquidation	Board Member	2,850,033	1,803,930	-
S SANDWATER FUND II AS	Chairman	-	18,226	-
S SANDWATER FUND I 1X AS	Chairman	-	82,267,988	-
S SANDWATER FUND I 1X II AS	Chairman	-	69,704,564	-

Last update: Apr 14, 2026

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 CO-INVEST II AS, SW TEAM II AS, SANDWATER FUND I 1X AS, SANDWATER FUND I 1X II AS, SANDWATER FUND II AS
ME
Morten Erik Iversen1971
SANDWATER FUND I AS, SANDWATER CO-INVEST AS, CYTO INVEST AS, SW SPONSOR AS, SANDWATER CO-INVEST II AS, SW TEAM II AS, SANDWATER FUND I 1X AS, SANDWATER FUND I 1X II AS, SANDWATER FUND II AS
KM
Kristian Melhuus1981
SANDWATER FUND I AS, TURBULENT FLUX AS, SANDWATER CO-INVEST AS, SW SPONSOR AS, SANDWATER CO-INVEST II AS, SW TEAM II AS, SANDWATER FUND I 1X AS, SANDWATER FUND I 1X II AS, SANDWATER FUND II AS
MK
Morten Korsveien1992
SANDWATER INVEST AS, SIRKULÆR INVEST AS, SANDWATER FOUNDATION AS, SANDWATER CO-INVEST II AS, SW TEAM II AS
SE
Susanne Elise Munch Thore1960
SANDWATER AS, SANDWATER CO-INVEST AS, SANDWATER CO-INVEST II AS, SW TEAM II 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	3,941,058	100 % indirectly
S SANDWATER FOUNDATION AS		0	-155,901	100 % indirectly
S SANDWATER CO-INVEST II AS		0	1,382,847	100 % indirectly
S SW TEAM II AS		0	303,304	100 % indirectly
S SANDWATER CO-INVEST AS		0	4,662,248	38.05 % indirectly
D DRYSEP AS Closed		0	123,169	33.01 % indirectly
U UPCYCLE TECHNOLOGIES AS		0	-226,956	33.01 % indirectly
E ERA BIOCARBON AS		635,205	-3,902,964	33.01 % indirectly
B BIONÉR AS		997,709	-121,283	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	1,012,243	25 % indirectly
T TURBULENT FLUX AS		6,881,823	22,636,346	23.33 % indirectly
S SIRKULÆR INVEST AS		0	31,637,196	20.07 % indirectly
C CRUDA AS		0	-11,014,996	16.51 % indirectly
H HAGU RENTAL AS		0	2,495,698	7.09 % indirectly
H HALLGRUPPEN AS		771,251,894	126,005,356	7.09 % indirectly
T TENTIT AS		14,466	4,578	7.09 % indirectly
H HG PROSJEKT AS		0	6,703	7.09 % indirectly
C CYTO INVEST AS		0	195,283,951	5.9 % indirectly
M MID MARKET FEEDER AS		0	6,828,868	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		30,081,097	306,268,795	1.47 % indirectly
A ANTEC BOO AS		0	252,796,425	1.47 % indirectly
V VEST BIOGASS AS		0	228,279,837	1.32 % indirectly
M MALM BIOGASS AS		50,000	10,643,340	1.14 % indirectly
R RØRVIK BIOGASS AS		0	1,431	1.03 % indirectly
L LOSBY GOLFPARK AS	NO0010355241	23,341,464	10,421,085	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