Riskpilot← Back to searchSign inGet full accessOTOVO ASA
ASAActiveOrg 915501680Torggata 11, 0181 OsloActivities of agents involved in the wholesale of other particular products · NACE 4618Est. 201518 employeeswww.otovo.no
Revenue 2024
NOK 90,6M
-77% vs 2023
EBITDA margin
-61.8%
-6% vs 2023
Equity ratio
95.2%
Financial strength
Net profit 2024
NOK -260,9M
-558% vs 2023
| Revenue | NOK 90,6M | -77% |
| EBITDA | NOK -56M | -6% |
| Net profit | NOK -260,9M | -558% |
| Total assets | NOK 1,4B | -17% |
| Equity | NOK 1,3B | -16% |
| Employees | 18 | — |
Legal name
OTOVO ASA
Org number
915501680
Legal form
Allmennaksjeselskap
NACE code
4618 · Activities of agents involved in the wholesale of other particular products
Founded
10. juli 2015
Share capital
NOK 7 379 580
Employees
18 (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
Utvikling, kommersialisering og installasjon av fornybar kraft, samt å ta eierskap eller yte bedriftsrådgivning knyttet til disse feltene.
Address
Torggata 11, 0181 Oslo
Website
www.otovo.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1 042 | 42 037 | 77 187 | 112 007 | 80 013 | 95 921 | 247 028 | 395 365 | 90 624 |
| Staff expenses | −0 | −3 865 | −6 980 | −12 909 | −20 352 | −28 636 | −48 944 | −87 192 | −115 334 | −59 836 |
| EBITDA | −126 | −6 539 | −12 408 | −20 699 | −20 100 | −34 496 | −48 435 | −60 924 | −52 833 | −56 031 |
| Depreciation & amort. | −0 | −3 283 | −955 | −2 014 | −4 470 | −7 802 | −11 341 | −16 773 | −22 476 | −27 119 |
| EBIT | −126 | −9 821 | −13 363 | −22 714 | −24 569 | −42 298 | −59 776 | −77 697 | −75 309 | −83 150 |
| Net financials | 0 | 16 | 30 | −186 | −1 191 | 956 | 2 793 | 13 615 | 35 639 | −177 592 |
| Profit before tax | −126 | −9 805 | −13 332 | −22 900 | −25 761 | −41 342 | −56 983 | −64 082 | −39 670 | −260 742 |
| Tax | −0 | −0 | −0 | −0 | −16 809 | −0 | −0 | −0 | −0 | 132 |
| Net profit | −126 | −9 805 | −13 332 | −22 900 | −8 952 | −41 342 | −73 792 | −64 082 | −39 670 | −260 874 |
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 79 | 19 423 | 76 939 | 160 332 | 383 169 | 352 429 | 755 911 | 981 830 | 1 653 901 | 1 380 128 |
| Equity | −76 | 13 143 | 58 312 | 131 807 | 297 129 | 284 931 | 690 652 | 876 977 | 1 564 653 | 1 313 849 |
| Long-term debt | 0 | 0 | 10 000 | 10 000 | 66 418 | 11 739 | 2 813 | 0 | 0 | 0 |
| Short-term debt | 155 | 6 280 | 8 628 | 18 525 | 19 622 | 52 958 | 61 056 | 102 074 | 84 661 | 60 847 |
| Total debt | 155 | 6 280 | 18 628 | 28 525 | 86 040 | 64 697 | 63 869 | 102 074 | 84 661 | 60 847 |
EBITDA margin
-61.8%
This company
15.8%
Market median
-491% vs market
20152024
Equity ratio
95.2%
This company
38.2%
Market median
+149% vs market
20152024
Return on equity
-19.9%
This company
18.4%
Market median
-208% vs market
20152024
Net profit margin
-287.9%
This company
8.1%
Market median
-3654% vs market
20152024
Asset turnover
0.07×
This company
1.12×
Market median
-94% vs market
20152024
Debt / equity
0.05×
This company
0.62×
Market median
+92% vs market
20152024
- 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
AE Chief Executive Officer | Chief Executive Officer | 2015 | — | — |
WJ Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2026 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2024 | — | — | |
| Chairman | 2024 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2021 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Å Energi Invest As | Company | 31.3% | 31.3% | 2024 |
Svenska Handelsbanken Ab | Company | 24.5% | 24.5% | 2024 |
| Individual | 20.3% | 20.3% | 2022 | |
Nysnø Klimainvesteringer As | Company | 6.9% | 6.9% | 2024 |
| Individual | 4.5% | 4.5% | 2022 | |
Codee Holding As | Company | 3.9% | 3.9% | 2024 |
Verdipapirfondet Holberg Global | Company | 3.7% | 3.7% | 2023 |
Andmar Operations As | Company | 3.1% | 3.1% | 2024 |
Morgan Stanley & Co. Llc | Company | 2.6% | 2.6% | 2023 |
OBOS BBL | Company | 2.6% | 2.6% | 2024 |
Citibank, N.A. | Company | 2.6% | 2.6% | 2024 |
Altitude Capital As | Company | 2.3% | 2.3% | 2022 |
Akershus Energi Sol As | Company | 2.3% | 2.3% | 2024 |
| Individual | 2.1% | 2.1% | 2022 | |
Verdipapirfondet Dnb Grønt Skifte Norden | Company | 2.1% | 2.1% | 2024 |
Bank Pictet & Cie (Europe) Ag | Company | 2.0% | 2.0% | 2023 |
Verdipapirfondet Klp Aksjenorge Aktiv | Company | 2.0% | 2.0% | 2022 |
| Individual | 1.7% | 1.7% | 2022 | |
| Individual | 1.4% | 1.4% | 2022 | |
Citibank Europe Plc | Company | 1.4% | 1.4% | 2024 |
| Individual | 1.2% | 1.2% | 2022 | |
Verdipapirfondet Dnb Smb | Company | 1.1% | 1.1% | 2022 |
| Individual | 1.1% | 1.1% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
OTOVO ASA (this company)
European Distributed Energy Assets Midco AsBoard members of OTOVO ASA also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Andreas Egge Thorsheim | Chief Executive Officer | 0 companies |
| William Jackson Berger | Chief Executive Officer | 0 companies |
| Peter Mellbye | Chairman | 0 companies |
| Antoine Pierre Edouard Ebel | Board of Directors | 0 companies |
| Stine Halla | Board of Directors | 0 companies |
| Zoe Felicia Wyon | Board of Directors | 0 companies |
| Josefin Christina Landgård | Board of Directors | 0 companies |
| Nico Schwab | Board of Directors | 0 companies |
| Eivind Tønnessen | Board of Directors | 0 companies |
| Nanna Petersen | Board of Directors | 0 companies |
| William George Coyle Iii | Board of Directors | 0 companies |
| Lars Erik Torjussen | Chairman | 0 companies |
| Julie Orzechowski | Board of Directors | 0 companies |
| Mette Rokne Hanestad | Board of Directors | 0 companies |
| Beatriz Malo De Molina Laborde | Chairman | 0 companies |
| Alejandro José Diaz Burgers | Board of Directors | 0 companies |
| Samuel Gürtl | Board of Directors | 0 companies |
| Matteo Ciprandi | Board of Directors | 0 companies |
| Johan Erik Sixten Bergström | Board of Directors | 0 companies |
| Aina Lemoen Lunde | Board of Directors | 0 companies |
| Olivier Francois Aizac | Board of Directors | 0 companies |
| Jacob Olof Wall | Board of Directors | 0 companies |
| Ingunn Andersen Randa | Board of Directors | 0 companies |
| Tor Øystein Repstad | Board of Directors | 0 companies |
| Jean-Baptiste Curien | Board of Directors | 0 companies |