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UPCYCLE TECHNOLOGIES AS
AS
Active
Org 927434172
Televegen 2, 3802 Bø I Telemark
Engineering activities and related technical consultancy · NACE 7112
Est. 2021
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 0
EBITDA margin
—
+24% vs 2023
Equity ratio
-4071.2%
Financial strength
Net profit 2024
NOK -29K
+24% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 0
—
EBITDA
NOK -29K
+24%
Net profit
NOK -29K
+24%
Total assets
NOK 5K
+1525%
Equity
NOK -193K
-18%
Employees
0
—
Company information
Legal name
UPCYCLE TECHNOLOGIES AS
Org number
927434172
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
19. juli 2021
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg. Styrets leder alene. Daglig leder alene.
Company purpose
Utvikle biokarbon teknologi, prosesser og prosjekter.
Contact
Address
Televegen 2, 3802 Bø I Telemark
Risika for professionals
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Companies in Engineering activities and related technical consultancy
Companies in Midt-Telemark
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
0
0
0
0
Staff expenses
−0
−0
−0
−0
EBITDA
−100
−50
−38
−29
Depreciation & amort.
−0
−0
−0
−0
EBIT
−100
−50
−38
−29
Net financials
−0
−0
0
−0
Profit before tax
−100
−50
−38
−29
Tax
−0
−0
−0
−0
Net profit
−100
−50
−38
−29
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
0
0
0
5
Equity
−75
−125
−163
−193
Long-term debt
0
0
0
193
Short-term debt
75
125
164
5
Total debt
75
125
164
197
Financial ratios
5-year trend
EBITDA margin
-2899200.0%
This company
15.8%
Market median
-18349467% vs market
2021
2024
Equity ratio
-4071.2%
This company
38.2%
Market median
-10758% vs market
2021
2024
Return on equity
-2922800.0%
This company
18.4%
Market median
-15884883% vs market
2021
2024
Net profit margin
-2922800.0%
This company
8.1%
Market median
-36084051% vs market
2021
2024
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
2021
2024
Debt / equity
1.02×
This company
0.62×
Market median
-65% vs market
2021
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-04-20 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
WA
Walter Aker
Chief Executive Officer
Chief Executive Officer
2021
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
BM
Bjørn Moldskred
Chairman
2024
—
—
TM
Tom-Even Mortensen
Chairman
2021
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Standard Bio As
Company
100.0%
100.0%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Baggins As
Baggins Venture As
Standard Bio As
UPCYCLE TECHNOLOGIES AS
(this company)
Board network connections
Board members of UPCYCLE TECHNOLOGIES AS also hold positions in
0
other companies.
Person
Role here
Other companies
Walter Aker
Chief Executive Officer
0 companies
Bjørn Moldskred
Chairman
0 companies
Tom-Even Mortensen
Chairman
0 companies