BIZTRAC BETA
COMPANY REGISTER PROFILE
923799907 ORG. NO. 2025 ACCOUNTS 7 SECTIONS
Active UPDATED 02.09.2026
Computer programming activities

PARALLEL POWER AS

Org. no. 923799907 Limited company (AS) Oslo Incorporated 2019 Active
Ownership graph ↗
Operating profit NOK −151,000
Equity NOK 86,000
Incorporated 2019
Share capital NOK 500,000

Signals

1 flags
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−151k kr).

PARALLEL POWER AS is registered as a limited company in Oslo, Oslo with organisation number 923799907. The business is classified under computer programming activities (NACE 62.100). The company was incorporated in 2019. Registered share capital is NOK 500,000, divided into 500000 shares. The company's stated purpose is: “Teknologiutvikling og levering av teknologiske løsninger. Dette innbefatter utvikling av dataprogrammer, datasystemer og annen teknologi og produkter innen ingeniørfeltet, samt utføring av konsulenttjenester og relatert forskning. Mer presist er dette innen datagrafikk, visualisering, simulering, parallelle beregninger, høy-ytelses databehandling, kretskort utvikling, industri- og ingeniør-design av nødvendige mekaniske løsninger. Selskapet vil kunne bedrive industriell produktutvikling og levere løsninger innen diverse ingeniør felt, for eksempel løsninger til automobil slikt som innvevde systemer og løsninger for elektrifisering av utvalgte fossilt drivstoff drevne biler. Selskapet benytter data-assistert konstruksjon (DAK/CAD), for å støtte opp under nevnt utvikling, og diverse nødvendige simuleringer (FEM analyse, kretskort simuleringer etc.). Selskapet kan også utvikle dataprogrammer og produkter for direkte salg til sluttbruker.”.

Key figures · 2025

Operating profit
NOK −151,000
▼ −167 %
Equity
NOK 86,000
▼ −64 %
Est. value
NOK 155,000

Financial health · 2025

Liquidity
1.11
Satisfactory
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
17.2%
Weak
Equity as a share of total capital

Solidity capped at Weak because equity is below NOK 100,000.

Who owns PARALLEL POWER AS?

PARALLEL POWER AS
· NOK −151,000 profit

PARALLEL POWER AS has 1 registered shareholder:

All shareholders and roles →

Frequently asked questions about PARALLEL POWER AS

Who owns PARALLEL POWER AS?

OLAV AANES FAGERLUND is the largest registered owner, with 100.0%.

Who is the general manager of PARALLEL POWER AS?

Olav Aanes Fagerlund is registered as general manager of PARALLEL POWER AS.

Where is PARALLEL POWER AS based?

PARALLEL POWER AS has its business address in Oslo.

Property

Business address Øvre Skogvei 14B, 0281 Oslo
Cadastral unit 301-6/436/0/0
Building Enebolig · 1 unit

2 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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