Liquidity
Watch1.5
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
QWAVE AS
Org. no. 916 264 674 · Private limited company (AS) · Active · Kvernevik Ring 177, 4048, HAFRSFJORD · STAVANGER · 72.100 – Research and experimental development on natural sciences and engineering
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- 7
- Established
- 13 November 2015
- Municipality
- STAVANGER
- Industry code
- 72.100
QWAVE AS is a private limited company (as) registered in HAFRSFJORD since 2015. The organisation number is 916 264 674. The register lists 7 employees. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 15 November 2026 at 22:38
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Weak-0.5 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Watch18.1 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- 21.1 m NOK
- +104.6 % vs. the year before
- Net result
- 328 k NOK
- Fiscal year 2025
- Equity
- 3.7 m NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- 7
- Registered in the Central Coordinating Register
- Founded
- 13 November 2015
- Place
- HAFRSFJORD
- Industry
- Research and experimental development on natural sciences and engineering
- 72.100
- Public contracts
- –
- Roles
- 10
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
70
av 100
Moderate risk
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 916 264 674
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 19 November 2015
- Date of incorporation
- 13 November 2015
- Number of employees
- 7
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- Not stated
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Kvernevik Ring 1774048 HAFRSFJORDSTAVANGER municipalityNorgePostal address
Not registered
Industry
Industry and sector
- 72.100
Research and experimental development on natural sciences and engineering(main industry)
N Professional, scientific and technical activities › 72 Scientific research and development › 72.1 Research and experimental development on natural sciences and engineering › 72.10 Research and experimental development on natural sciences and engineering
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Forskning og eksperimentell utvikling innenfor naturvitenskap og teknikk; forskning og utvikling innenfor naturvitenskap, forskning og utvikling innenfor teknikk og teknologi, forskning og utvikling innenfor medisin, helse og veterinærvitenskap, forskning og utvikling innenfor bioteknologi, forskning og utvikling innenfor jordbruk, skogbruk og fiske, tverrfaglig forskning og utvikling, hovedsakelig innenfor naturvitenskap og teknikk. Omfatter også: DNA-sekvensering når formålet er generell forskning på biologiske prosesser. Ekskluderer: DNA-sekvensering for å utelukke eller kurere en spesifikk sykdom grupperes under 86.91 Medisinske laboratorietjenester og bildediagnostikk.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Forskning, utvikling og kommersialisering av produkter og tjenester innen lagring av CO2, olje og gass, konsulentvirksomhet, medvirke i andre selskaper innen samme virksomhet, samt alt som hører naturlig til dette.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
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Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
Liquidity
Watch1.5
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Weak-0.5 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Watch18.1 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | 21,071,419 | 10,300,471 | 6,337,684 | |
| Operating profit | -107,092 | -155,269 | -1,354,951 | |
| Profit before tax | 328,048 | -89,611 | -1,646,746 | |
| Net result | 328,048 | -89,611 | -1,646,746 | |
| Total assets | 20,581,941 | 19,514,736 | 15,842,179 | |
| Equity | 3,726,839 | 3,398,791 | 271,392 | |
| Liabilities | 16,855,102 | 16,115,945 | 15,570,787 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
3 fiscal years (2023–2025)
- Operating revenue 2025
- 21,071,419 NOK
- Net result 2025
- 328,048 NOK
- Revenue growth
- 104.6 %
Revenue and profit
Amounts in NOK
Operating margin
Calculated by us, in percent
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 21,071,419 NOK |
|---|---|
| Total operating expenses | 21,178,511 NOK |
| Operating profit | -107,092 NOK |
| Total financial income | 465,384 NOK |
| Total financial expenses | 30,244 NOK |
| Net financial items | 435,140 NOK |
| Profit before tax | 328,048 NOK |
| Net result | 328,048 NOK |
Assets
| Total fixed assets | 5,068,378 NOK |
|---|---|
| Total current assets | 15,513,563 NOK |
| Total assets | 20,581,941 NOK |
Equity and liabilities
| Paid-in equity | 3,398,791 NOK |
|---|---|
| Retained earnings | 328,048 NOK |
| Total equity | 3,726,839 NOK |
| Current liabilities | 10,355,102 NOK |
| Long-term liabilities | 6,500,000 NOK |
| Total debt | 16,855,102 NOK |
| Total equity and liabilities | 20,581,941 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 10,300,471 NOK |
|---|---|
| Total operating expenses | 10,455,740 NOK |
| Operating profit | -155,269 NOK |
| Total financial income | 284,732 NOK |
| Total financial expenses | 219,074 NOK |
| Net financial items | 65,658 NOK |
| Profit before tax | -89,611 NOK |
| Net result | -89,611 NOK |
Assets
| Total fixed assets | 7,366,621 NOK |
|---|---|
| Total current assets | 12,148,115 NOK |
| Total assets | 19,514,736 NOK |
Equity and liabilities
| Paid-in equity | 3,398,791 NOK |
|---|---|
| Total equity | 3,398,791 NOK |
| Current liabilities | 9,615,945 NOK |
| Long-term liabilities | 6,500,000 NOK |
| Total debt | 16,115,945 NOK |
| Total equity and liabilities | 19,514,736 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 6,337,684 NOK |
|---|---|
| Total operating expenses | 7,692,635 NOK |
| Operating profit | -1,354,951 NOK |
| Total financial income | 136,644 NOK |
| Total financial expenses | 428,439 NOK |
| Net financial items | -291,795 NOK |
| Profit before tax | -1,646,746 NOK |
| Net result | -1,646,746 NOK |
Assets
| Total fixed assets | 7,388,521 NOK |
|---|---|
| Total current assets | 8,453,657 NOK |
| Total assets | 15,842,179 NOK |
Equity and liabilities
| Paid-in equity | 351,931 NOK |
|---|---|
| Retained earnings | -80,539 NOK |
| Total equity | 271,392 NOK |
| Current liabilities | 2,820,583 NOK |
| Long-term liabilities | 12,750,204 NOK |
| Total debt | 15,570,787 NOK |
| Total equity and liabilities | 15,842,179 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | 104.6 % | 62.5 % | – |
| Operating marginOperating profit divided by total operating revenue. | -0.5 % | -1.5 % | -21.4 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 1.6 % | -0.9 % | -26 % |
| Equity ratioTotal equity divided by total assets. | 18.1 % | 17.4 % | 1.7 % |
| Current ratioTotal current assets divided by total current liabilities. | 1.5 | 1.26 | 3 |
| Debt ratioTotal liabilities divided by total equity. | 4.52 | 4.74 | 57.37 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 1.7 % | 0.7 % | -7.7 % |
| Return on equityNet profit divided by total equity. | 8.8 % | -2.6 % | -606.8 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerJan Ove Nesvik
Board
- Chair of the boardFrederik Georg Hvistendahl
- Board memberHans Petter Eng
- Board memberOluf Bergsvik
- Board memberJohannes Løyning
- Deputy board memberMona Winge
- Deputy board memberDavid Lysne
- Deputy board memberEivind Aslaksen
Auditor
- AuditorTELL NORGE AS
Accountant
- AccountantAIDER AS
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 1
Overview
Structure map
QWAVE AS
QWAVE AS
HAFRSFJORD · 7 employees
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| QWAVE ASResearch and experimental development on natural sciences and engineering | 916 288 999 | HAFRSFJORD | 7 |
More about the company
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 22:38
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 22:38
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 15 November 2026 at 22:38
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 15 November 2026 at 22:38
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 15 November 2026 at 22:38
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 15 November 2026 at 22:38
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
Read about the data sources