Riskpilot← Back to searchSign inGet full accessM VEST WATER AS
ASActiveOrg 914631408Espehaugen 48, 5258 BlomsterdalenResearch and experimental development on natural sciences and engineering · NACE 7210Est. 20149 employees
Revenue 2024
NOK 22,6M
+109% vs 2023
EBITDA margin
-73.0%
+28% vs 2023
Equity ratio
81.1%
Financial strength
Net profit 2024
NOK -19,2M
+24% vs 2023
| Revenue | NOK 22,6M | +109% |
| EBITDA | NOK -16,5M | +28% |
| Net profit | NOK -19,2M | +24% |
| Total assets | NOK 48,2M | +8% |
| Equity | NOK 39,1M | +28% |
| Employees | 9 | — |
Legal name
M VEST WATER AS
Org number
914631408
Legal form
Aksjeselskap
NACE code
7210 · Research and experimental development on natural sciences and engineering
Founded
20. desember 2014
Share capital
NOK 80 351
Employees
9 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Daglig leder og styrets leder i fellesskap.
Company purpose
Forskning, utvikling og kommersialisering av produkter og tjenester for industriell og kommunal vannrensing, herunder også drikkevann, samt investering i tilsvarende virksomheter og annet som naturlig faller sammen med dette.
Address
Espehaugen 48, 5258 Blomsterdalen
Email
post@mvestwater.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 4 022 | 436 | 1 817 | 10 833 | 22 629 |
| Staff expenses | −627 | −0 | −14 160 | 1 964 | 2 094 |
| EBITDA | −177 | −26 270 | −26 220 | −22 848 | −16 513 |
| Depreciation & amort. | −37 | −186 | −1 892 | −2 553 | −2 743 |
| EBIT | −214 | −26 457 | −28 112 | −25 401 | −19 257 |
| Net financials | −177 | −719 | −297 | 55 | 19 |
| Profit before tax | −391 | −27 176 | −28 410 | −25 346 | −19 238 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | −391 | −27 176 | −28 410 | −25 346 | −19 238 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 16 789 | 97 801 | 67 479 | 44 762 | 48 196 |
| Equity | 761 | 83 477 | 54 995 | 30 493 | 39 063 |
| Long-term debt | 11 333 | 3 039 | 4 520 | 2 319 | 522 |
| Short-term debt | 4 694 | 11 285 | 7 964 | 11 950 | 8 610 |
| Total debt | 16 027 | 14 324 | 12 484 | 14 269 | 9 133 |
EBITDA margin
-73.0%
This company
15.8%
Market median
-562% vs market
20202024
Equity ratio
81.1%
This company
38.2%
Market median
+112% vs market
20202024
Return on equity
-49.2%
This company
18.4%
Market median
-367% vs market
20202024
Net profit margin
-85.0%
This company
8.1%
Market median
-1149% vs market
20202024
Asset turnover
0.47×
This company
1.12×
Market median
-58% vs market
20202024
Debt / equity
0.23×
This company
0.62×
Market median
+63% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
TO Chief Executive Officer | Chief Executive Officer | 2024 |
| Former (1) | ||
SE Chief Executive Officer | Chief Executive Officer | 2021 – 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
| Board of Directors | 2021 | |
| Board of Directors | 2023 | |
| Board of Directors | 2026 | |
| Board of Directors | 2026 | |
| Former (1) | ||
| Chairman | 2021 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 38.01% | 38.01% | 2022 | |
| Company | 33.81% | 33.81% | 2024 | |
| Company | 16.39% | 16.39% | 2024 | |
J.P. Morgan Se | Company | 10.5% | 10.5% | 2024 |
| Individual | 8.22% | 8.22% | 2022 | |
| Company | 5.62% | 5.62% | 2024 | |
Bank Pictet & Cie (Europe) Ag | Company | 4.9% | 4.9% | 2024 |
| Company | 4.18% | 4.18% | 2024 | |
| Company | 3.4% | 3.4% | 2024 | |
| Individual | 2.52% | 2.52% | 2022 | |
| Company | 2.4% | 2.4% | 2024 | |
| Company | 1.62% | 1.62% | 2024 | |
Bank Pictet & Cie (Europe) Ag | Company | 1.47% | 1.47% | 2023 |
| Company | 1.37% | 1.37% | 2023 | |
| Company | 1.37% | 1.37% | 2023 | |
| Company | 1.3% | 1.3% | 2024 | |
| Company | 1.22% | 1.22% | 2024 | |
| Company | 1.21% | 1.21% | 2024 | |
| Company | 1.11% | 1.11% | 2024 | |
| Company | 1.01% | 1.01% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of M VEST WATER AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Tor Olav Gabrielsen | Chief Executive Officer | 0 companies |
| Stein Edvard Giljarhus | Chief Executive Officer | 0 companies |
| Atle Mundheim | Board of Directors | 0 companies |
| Johan Kristian Mikkelsen | Chairman | 0 companies |
| Rune Aslak Gaasø | Board of Directors | 0 companies |
| Tove Ormevik | Board of Directors | 0 companies |
| Susanne Møgster Sperrevik | Board of Directors | 0 companies |