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Ocean Wave Power A/S
A/S
Dissolved
CVR 38991787
Frederiksgade 8
Other financial service activities, except insurance and pension funding n.e.c. · NACE 6499
Est. 2017
— employees
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Overview
Financials
People & ownership
Related companies
Revenue 2023
DKK -12K
-18% vs 2022
EBITDA margin
100.0%
+18% vs 2022
Equity ratio
63.3%
Financial strength
Net profit 2023
DKK -6K
+61% vs 2022
EBITDA — year on year
DKK millions
0M
-0M
-1M
-1M
-1M
0M
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
Key figures
Annual report 2023
Revenue
DKK -12K
-18%
EBITDA
DKK -12K
+18%
Net profit
DKK -6K
+61%
Total assets
DKK 380K
-1%
Equity
DKK 241K
-2%
Employees
—
—
Company information
Legal name
Ocean Wave Power A/S
CVR number
38991787
Legal form
Aktieselskab
NACE code
6499 · Other financial service activities, except insurance and pension funding n.e.c.
Founded
1. oktober 2017
Share capital
DKK 500.000
Employees
—
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af den samlede bestyrelse eller af en direktør alene.
Contact
Address
Frederiksgade 8
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Companies in Other financial service activities, except insurance and pension funding n.e.c.
Companies in Svendborg
All Denmark companies
Revenue
DKK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
Income statement
DKK thousands
Item
2019
2020
2021
2022
2023
Revenue
-6
-22
-30
-15
-12
Staff expenses
-0
-0
-0
-0
-0
EBITDA
-6
-22
-30
-15
-12
Depreciation & amort.
-0
-0
-0
-0
-0
EBIT
-6
-22
-30
-15
-12
Net financials
0
0
-0
-0
6
Profit before tax
-6
-22
-30
-15
-6
Tax
-0
-0
-0
-0
-0
Net profit
-6
-22
-30
-15
-6
Balance sheet
DKK thousands
Item
2019
2020
2021
2022
2023
Total assets
382
387
389
384
380
Equity
313
291
261
247
241
Long-term debt
0
0
0
0
0
Short-term debt
68
96
128
137
139
Total debt
68
96
128
137
139
Financial ratios
5-year trend
EBITDA margin
-1183800.0%
This company
15.8%
Market median
-7492505% vs market
2019
2023
Equity ratio
63.3%
This company
38.2%
Market median
+66% vs market
2019
2023
Return on equity
-2.4%
This company
18.4%
Market median
-113% vs market
2019
2023
Net profit margin
-569500.0%
This company
8.1%
Market median
-7030964% vs market
2019
2023
Asset turnover
-0.03×
This company
1.12×
Market median
-103% vs market
2019
2023
Debt / equity
0.58×
This company
0.62×
Market median
+6% vs market
2019
2023
Annual reports & filings
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
UM
Ulrich Martin Pade
Management
Management
2017 – 2025
Board of directors
Non-executive oversight
Name
Role
Member since
Former (2)
NH
Niels Hans Julius Buchholst
Board of Directors
2017 – 2025
TB
Tommy Brøndum Olsen
Chairman
2017 – 2025
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
UP2006 HOLDING ApS
Company
100%
100%
2017
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of Ocean Wave Power A/S also hold positions in
0
other companies.
Person
Role here
Other companies
Ulrich Martin Pade
Management
0 companies
Niels Hans Julius Buchholst
Board of Directors
0 companies
Tommy Brøndum Olsen
Chairman
0 companies