BIZTRAC BETA
COMPANY REGISTER PROFILE
997155572 ORG. NO. 2025 ACCOUNTS 9 SECTIONS
Active UPDATED 02.09.2026
Other technical consultancy

WAVE PROPULSION AS

Org. no. 997155572 Limited company (AS) Bømlo Incorporated 2011 Active
Ownership graph ↗
Operating profit NOK −395,000
Equity NOK −327,000
Incorporated 2011
Share capital NOK 1.6m

Signals

2 flags
  • Negativ egenkapital 2025 Bokført egenkapital er negativ (−327k kr).
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−395k kr).

WAVE PROPULSION AS is registered as a limited company in Bømlo, Vestland with organisation number 997155572. The business is classified under other technical consultancy (NACE 71.129). The company was incorporated in 2011. Registered share capital is NOK 1.6m, divided into 320 shares. The company's stated purpose is: “Salg av konsulenttjenester for maritim bransje. Forskning, utvikling, prosjektering, salg og produksjon av framdriftssystem for skip.”.

Key figures · 2025

Operating profit
NOK −395,000
▼ −432 %
Equity
NOK −327,000
▼ −391 %

Financial health · 2025

Liquidity
0.01
Not satisfactory
Current assets ÷ current liabilities
Profitability
-29.4%
Not satisfactory
Return on total assets
Solidity
-21.9%
Weak
Equity as a share of total capital

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

Who owns WAVE PROPULSION AS?

WAVE PROPULSION AS
· NOK −395,000 profit

WAVE PROPULSION AS has 2 registered shareholders:

All shareholders and roles →

Frequently asked questions about WAVE PROPULSION AS

Who owns WAVE PROPULSION AS?

HALFDAN ENDRESEN is the largest registered owner, with 50.0%.

Who is the general manager of WAVE PROPULSION AS?

Halfdan Endresen is registered as general manager of WAVE PROPULSION AS.

Where is WAVE PROPULSION AS based?

WAVE PROPULSION AS has its business address in Rubbestadneset.

Property

Business address Austbøvegen 11, 5420 Rubbestadneset
Cadastral unit 4613-83/291/0/0
Building Butikkbygning · 1 unit

6 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.

Report a problem

Found a technical fault, or something wrong in the data? Tell us what happened.