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 3,8 mill. kr in 2025.

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 the CEO of Shift Materials AS.

Who is the chairman of Shift Materials AS?

Siamak Eqtesadi chairs the board of Shift Materials AS, in role since 2024.

Where is Shift Materials AS headquartered?

Shift Materials AS's registered address is Gaustadalléen 21, 0349 Oslo.

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Shift Materials AS

ASActive

Org 931329510Gaustadalléen 21, 0349 OsloManufacture of batteries and accumulators· NACE 2720Est. 2023 · 3 years old4 employees

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2025	2024	2023
Revenue	3 838	729	265
Staff expenses	−2 306	−1 615	−1 080
EBITDA	660	−1 642	−1 003
Depreciation & amort.	−220	−175	−42
EBIT	440	−1 817	−1 045
Net financials	128	−87	−28
Profit before tax	568	−1 904	−1 073
Tax	−0	−0	−0
Net profit	568	−1 904	−1 073

Balance sheet

NOK thousands

Item	2025	2024	2023
Total assets	3 451	3 757	2 078
Equity	1 821	−2 947	−1 043
Long-term debt	250	3 769	2 864
Short-term debt	1 380	2 935	257
Total debt	1 630	6 704	3 121

Financial ratios

5-year trend

EBITDA margin

17,2 %

This company

15,8 %

Market median

This company

Market median

9% above market

20232025

Equity ratio

52,8 %

This company

38,2 %

Market median

This company

Market median

38% above market

20232025

Return on equity

31,2 %

This company

18,4 %

Market median

This company

Market median

70% above market

20232025

Net profit margin

14,8 %

This company

8,1 %

Market median

This company

Market median

83% above market

20232025

Asset turnover

1,11×

This company

1,12×

Market median

This company

Market median

1% below market

20232025

Debt / equity

0,89×

This company

0,62×

Market median

This company

Market median

44% above market

20232025

Annual reports & filings

Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-03-01 – 2023-12-31
View PDF

Shift Materials AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on Shift Materials AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on Shift Materials AS