Private · Company · Aksjeselskap
Shoreline AS
↳ Brreg · companies
Operating at a lossFY2024 · -166% margin
Activitylast 24 mo
No job-ad activity on file
totals on file · ads-over-time series not yet in Intelligo
Registry changes
No recorded changes.
NAV + JobStream · company_hiring · Brreg · company_changes
Timelineall sources
Audit opinionDeloitte AS audited the financial statements and issued an unmodified opinion. — Wehave auditedthefinancialstatementsofShorelineAS(theCom...Annual report · 2024-12-31
Going concernThe auditor includes a Material Uncertainty Related to Going Concern paragraph referring to note 5 and the net loss of NOK 54.9 million. ...Annual report · 2024-12-31
Going concernThe board confirms the going concern assumption under section 3-3a of the Accounting Act. — Pursuant to S3-3a of the Norwegian Accounting...Annual report · 2024-12-31
RestructuringA major restructuring in December 2024 and February 2025 cut the workforce substantially, including the development department. — measure...Annual report · 2024-12-31
Post balance sheet eventCore investors including EIF, Blue Bear, FERD and Investinor participated in a funding round in March 2025. — Bear, FERD, and Investinor,...Annual report · 2024-12-31
OwnershipEcosystem Integrity Fund IV, LP is the largest shareholder with 29.7% of shares and votes. — ECOSYSTEM INTEGRITY FUND IV, LP 5 701 649 ...Annual report · 2024-12-31
Share capitalShare capital at 31.12.2024 consists of 19,182,415 ordinary shares totalling NOK 191,824. — Total 19182 415 19 182 415 191 824 191 824Annual report · 2024-12-31
Loan or financingA capital increase of NOK 51,956,839 was registered on 12 April 2024 at a subscription price of USD 1.15522 per share. — of NOK 51,956,83...Annual report · 2024-12-31
Loan or financingThe company had a convertible loan on the balance sheet as of 31 December 2023. — As of 31 December2023,the company hada convertible loan...Annual report · 2024-12-31
Pledge or guaranteeLoans from Innovasjon Norge amount to NOK 23,400,000 at 31.12.2024 and liabilities are secured by mortgage. — The company is granted loan...Annual report · 2024-12-31
Loan or financingThe company breached its financial covenants at 31.12.2024 during an ongoing funding process. — The company was in breach of financial co...Annual report · 2024-12-31
Staff numbersThe company reported 10.00 man-years in the financial year. — Antall arsverk i regnskapsaret 10.00Annual report · 2024-12-31
Staff numbersAverage number of employees fell from 22 in 2023 to 10 in 2024. — Average number of employees: 10 22Annual report · 2024-12-31
SubsidiaryShoreline ApS in Denmark is wholly owned, with annual result 359,458 and equity 2,200,328 DKK. — Shoreline APS Denmark 100 % 100% 359...Annual report · 2024-12-31
Related partyTrade creditors owed to the subsidiary amount to NOK 18,277,594 at year end. — Trade creditors Total liabilities subsidiarie -18 277 5...Annual report · 2024-12-31
Deferred taxDeferred tax assets, including a loss carryforward of NOK 210,128,657, are not recognised in the balance sheet. — Deferred tax not includ...Annual report · 2024-12-31
Capitalised R&DDevelopment costs of NOK 7,764,223 were capitalised in 2024 against payroll costs. — Capitalization of cost Total 21235882 -7764 223 ...Annual report · 2024-12-31
OtherTwo approved Skattefunn projects gave a 19% deduction on qualifying costs booked net against R&D. — The company has two approved Skattefu...Annual report · 2024-12-31
OtherThe company applied for and was granted dispensation from the requirement to prepare the annual accounts in Norwegian. — Vi viser til der...Annual report · 2024-12-31
Audit opinionDeloitte AS issued an unmodified opinion but added an emphasis paragraph referring to note 11 on going concern. — We would like to refer ...Annual report · 2023-12-31
Going concernThe company reported a net loss of NOK 49.6 million in 2023 and budgets a significant loss also for 2024. — The company has reported a ne...Annual report · 2023-12-31
Loan or financingThe company breached its financial covenants at 31.12.2023 during an ongoing funding process. — The company was in breach of the financia...Annual report · 2023-12-31
Post balance sheet eventA convertible loan of NOK 5 077 050 was converted into share capital on 27 February 2024. — The Company has a convertible loan of NOK 5 0...Annual report · 2023-12-31
Pledge or guaranteeCustomer receivables of NOK 4 867 354 are pledged as security, alongside fixed and intangible assets. — Booked value of the pledged custo...Annual report · 2023-12-31
Share capitalShare capital consists of 14 854 235 shares with a total book value of NOK 148 542. — Total 14 854 235 148 542Annual report · 2023-12-31
OwnershipThe company has a spread venture ownership including TT Nominees Limited with 12% of shares and votes. — TT Nominees Limited 1 752 132 ...Annual report · 2023-12-31
Staff numbersAverage number of employees was 22 in 2023 against 14 in 2022. — Average number of employees: 22 14Annual report · 2023-12-31
SubsidiaryShoreline ApS in Denmark is 100% owned, with 2023 result of 346 396 and equity 1 840 870 (DKK). — Shoreline APS Denmark 100 % 100 % 3...Annual report · 2023-12-31
Deferred taxNo deferred tax asset is recognised in the balance sheet despite accumulated losses carried forward. — Deferredtaxnotincludedinthebalance...Annual report · 2023-12-31
Related partyThere are intercompany balances with the subsidiary, including trade creditors and short-term liabilities. — Trade creditors subsidiarie...Annual report · 2023-12-31
Skiwo · company_events
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LocationStavanger
Stavanger
municipality only · street address + coordinates not yet in Intelligo
Brreg · registered municipality