Riskpilot← Back to searchSign inGet full accessUPWAVE TECHNOLOGIES AS
ASActiveOrg 918835881C/O Spaces Nydalsveien 33, 0484 OsloComputer programming activities · NACE 6210Est. 20175 employees
Revenue 2024
NOK 1,4M
-22% vs 2023
EBITDA margin
-71.3%
-1441% vs 2023
Equity ratio
-1620.9%
Financial strength
Net profit 2024
NOK -1,6M
-14% vs 2023
| Revenue | NOK 1,4M | -22% |
| EBITDA | NOK -1M | -1441% |
| Net profit | NOK -1,6M | -14% |
| Total assets | NOK 109K | -91% |
| Equity | NOK -1,8M | -180% |
| Employees | 5 | — |
Legal name
UPWAVE TECHNOLOGIES AS
Org number
918835881
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
6. april 2017
Share capital
NOK 149 320
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Utvikling og salg av programvare, samt dertil tilhørende tjenester som opplæring, konsulenttjenester mm.
Address
C/O Spaces Nydalsveien 33, 0484 Oslo
Email
legal@upwave.io
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 223 | 439 | 464 | 1 121 | 2 871 | 1 262 | 1 806 | 1 409 |
| Staff expenses | −1 061 | −465 | −483 | −740 | −1 799 | −4 328 | −1 243 | −1 887 |
| EBITDA | −2 095 | −790 | −1 009 | −1 347 | −195 | −5 582 | 75 | −1 004 |
| Depreciation & amort. | −29 | −424 | −1 068 | −1 647 | −2 072 | −1 842 | −1 442 | −520 |
| EBIT | −2 124 | −1 214 | −2 078 | −2 993 | −2 266 | −7 424 | −1 367 | −1 524 |
| Net financials | −10 | −87 | −81 | −272 | −155 | 32 | −68 | −118 |
| Profit before tax | −2 133 | −1 300 | −2 159 | −3 266 | −2 422 | −7 392 | −1 436 | −1 643 |
| Tax | −0 | −0 | −1 593 | −976 | 2 570 | −0 | −0 | −0 |
| Net profit | −2 133 | −1 300 | −566 | −2 289 | −4 991 | −7 392 | −1 436 | −1 643 |
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 1 058 | 5 460 | 5 330 | 7 054 | 7 527 | 2 957 | 1 171 | 109 |
| Equity | −2 089 | −2 318 | 2 205 | −84 | −5 076 | −3 738 | −632 | −1 768 |
| Long-term debt | 2 698 | 1 500 | 2 044 | 5 795 | 2 021 | 1 442 | 900 | 750 |
| Short-term debt | 450 | 6 278 | 1 081 | 1 343 | 10 581 | 5 253 | 903 | 1 127 |
| Total debt | 3 147 | 7 778 | 3 125 | 7 138 | 12 603 | 6 696 | 1 803 | 1 877 |
EBITDA margin
-71.3%
This company
15.8%
Market median
-551% vs market
20172024
Equity ratio
-1620.9%
This company
38.2%
Market median
-4343% vs market
20172024
Return on equity
-164260600.0%
This company
18.4%
Market median
-892720752% vs market
20172024
Net profit margin
-116.6%
This company
8.1%
Market median
-1540% vs market
20172024
Asset turnover
12.92×
This company
1.12×
Market median
+1054% vs market
20172024
Debt / equity
1.06×
This company
0.62×
Market median
-71% vs market
20172024
- 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 2017-03-27 – 2017-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
CH Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2024 | — | — | |
| Chairman | 2018 | — | — | |
| Board of Directors | 2018 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Steenco As | Company | 22.5% | 22.5% | 2024 |
Project Economics As | Company | 11.9% | 11.9% | 2024 |
Newbrott As | Company | 11.8% | 11.8% | 2024 |
| Individual | 11.3% | 11.3% | 2022 | |
| Individual | 9.5% | 9.5% | 2024 | |
| Individual | 9.3% | 9.3% | 2024 | |
Tribia As | Company | 6.2% | 6.2% | 2024 |
Josmag As | Company | 5.3% | 5.3% | 2024 |
| Individual | 3.6% | 3.6% | 2022 | |
Hkg Holding As | Company | 3.4% | 3.4% | 2024 |
| Individual | 3.0% | 3.0% | 2024 | |
Incubeat As | Company | 2.6% | 2.6% | 2024 |
Bog Invest As | Company | 2.6% | 2.6% | 2024 |
Strasias As | Company | 2.5% | 2.5% | 2024 |
Nitelva As | Company | 1.3% | 1.3% | 2024 |
Bonanza Drilling As | Company | 1.2% | 1.2% | 2024 |
Hoel Tech As | Company | 1.1% | 1.1% | 2024 |
Ixcelio As | Company | 1.1% | 1.1% | 2024 |
Triple Diamond Software Nuf | Company | 1.0% | 1.0% | 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 UPWAVE TECHNOLOGIES AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Christer Husstøl | Chief Executive Officer | 0 companies |
| Kjetil Johan Moløkken-Østvold | Chairman | 0 companies |
| Bertrand Marius Steen | Chairman | 0 companies |
| Åsmund Grytting Furuseth | Board of Directors | 0 companies |