What is the Org number of SHIFT MATERIALS AS?

SHIFT MATERIALS AS is registered with Brønnøysundsregistrene under Org 931329510.

What is the revenue of SHIFT MATERIALS AS?

SHIFT MATERIALS AS reported revenue of NOK 729K in 2024.

How many employees does SHIFT MATERIALS AS have?

SHIFT MATERIALS AS employs 4 people as of the latest annual report.

Who is the CEO of SHIFT MATERIALS AS?

Rune Wendelbo is Chief Executive Officer of SHIFT MATERIALS AS, in role since 2023.

Where is SHIFT MATERIALS AS headquartered?

SHIFT MATERIALS AS's registered address is Gaustadalléen 21, 0349 Oslo.

SHIFT MATERIALS AS

ASActive

Org 931329510Gaustadalléen 21, 0349 OsloManufacture of batteries and accumulators · NACE 2720Est. 20234 employees

Revenue 2024

NOK 729K

+175% vs 2023

EBITDA margin

-225.2%

-64% vs 2023

Equity ratio

-87.1%

Financial strength

Net profit 2024

NOK -2,1M

-94% vs 2023

EBITDA — year on yearNOK millions

Key figuresAnnual report 2024

Revenue	NOK 729K	+175%
EBITDA	NOK -1,6M	-64%
Net profit	NOK -2,1M	-94%
Total assets	NOK 3,6M	+72%
Equity	NOK -3,1M	-199%
Employees	4	—

Item	2023	2024
Revenue	265	729
Staff expenses	−1 080	−1 615
EBITDA	−1 003	−1 642
Depreciation & amort.	−42	−350
EBIT	−1 045	−1 992
Net financials	−28	−87
Profit before tax	−1 073	−2 079
Tax	−0	−0
Net profit	−1 073	−2 079

Item	2023	2024
Total assets	2 078	3 582
Equity	−1 043	−3 122
Long-term debt	2 864	3 769
Short-term debt	257	2 935
Total debt	3 121	6 704

Name	Role	Member since
Current (1)
RW Rune Wendelbo Chief Executive Officer	Chief Executive Officer	2023

Shareholder	Type	Ownership	Votes	Since
Azadeh Motealleh	Individual	20%	20%	2024
Maryam Modares	Individual	20%	20%	2023
Siamak Eqtesadi	Individual	20%	20%	2023

Person	Role here	Other companies
Rune Wendelbo	Chief Executive Officer	0 companies