Private · Company · Aksjeselskap

CORVUS ENERGY HOLDING AS

920 988 857 ↗Manufacture of batteries and accumulators · NACE 27.200Bergen
ActiveRegistered 2018Parent · 2 subsidiariesSimilar companies →
Status
● Active
Founded
2018
Tenders won
2
Structure
Parent · 2 subsidiaries
↳ Brreg · companies
Parent of 2 companiesCORVUS ENERGY FUEL CELL AS · CORVUS ENERGY AS

Group financialsNOK

One filed year on record — the trend appears when a second year is published.
Regnskapsregisteret · company_revenue

Job ads on NAV Arbeidsplassen12 MO

No job ads on record in the last 12 months.
NAV Arbeidsplassen · company_job_ad_months

Public contracts · won → est. expiryaward dates from Doffin/TED · hatched = our estimate, end dates aren't published

0 wins
Doffin/TED · company_tender_wins

Key figuresBrønnøysund

One filed year on record — the trend appears when a second year is published.
Regnskapsregisteret · company_revenue

MoneyNOK

Group revenue
Group net
Tenders won
2
Rolled up across the parent + 2 subsidiaries — CORVUS ENERGY FUEL CELL AS alone is —.
rollup estimate · filed konsernregnskap not yet in Intelligo
Regnskapsregisteret · rollup across ownership edges (estimate)

Activitylast 24 mo

No job-ad activity on file
totals on file · ads-over-time series not yet in Intelligo
Registry changes
Accounts filed · sisteInnsendteAarsregnskap2024 → 20252026-07-16
NAV + JobStream · company_hiring · Brreg · company_changes

From the FY2025 accounts

FILEDAccounts filed for FY2025.
AUDITAudited by PRICEWATERHOUSECOOPERS AS.
GROUPFiles as a parent with 2 subsidiaries.
Regnskapsregisteret + Brreg roles · the annual-report PDF is a paid Brønnøysund document, so these are the filed facts, not extracted prose

Timelineall sources

accounts_filed: sisteInnsendteAarsregnskap2024 -> 2025Registry · 2026-07-16
Going concernThe company's own form answer states there is no uncertainty about going concern (both company and group notes). — Er det usikkerhet om f...Annual report · 2025-12-31
Going concernThe board concludes the group can continue as a going concern and the consolidated statements are prepared on that basis. — concern.The c...Annual report · 2025-12-31
Loan or financingA USD 60 million capital raise was closed in November 2025, giving positive net cash flow of MUSD 20.2 for the year. — MUSD 60 capital ra...Annual report · 2025-12-31
Loan or financingAfter conversion of the convertible loans and Senior Lead Investment Paper on 15 October 2025, no related financial liability remains at ...Annual report · 2025-12-31
Loan or financingCorvus Energy AS complied with all bank covenants (DNB/SEB/Export Credit Norway) during 2025. — Corvus Energy AS was compiant wth al cove...Annual report · 2025-12-31
Pledge or guaranteeAssets pledged as security amounted to USD 106.1 million at end-2025, including inventory, receivables, fixed assets and right-of-use ass...Annual report · 2025-12-31
SubsidiaryThe consolidated accounts include a list of wholly owned subsidiaries in Norway, Canada, USA, Denmark, Netherlands, Hong Kong, Korea, Sin...Annual report · 2025-12-31
Share capitalGroup share capital increased to USD 1 063 thousand from USD 706 thousand after the 2025 share issue. — Share capital Egenkapital Innsk...Annual report · 2025-12-31
Staff numbersThe group employed 283 FTEs in 2025, up from 241 in 2024. — The Group had 283 FTEsin 2025. (241 FTEsin 2024)Annual report · 2025-12-31
Staff numbersThe group had 297 permanent employees at year-end 2025, of which 19% women. — The Group had 297 permanent employees at year-end 2025, wit...Annual report · 2025-12-31
RemunerationCEO remuneration is disclosed separately in the key management note. — The table below summerizes remunerafion to CEO.Annual report · 2025-12-31
RemunerationBoard remuneration consists of fixed fees and options determined by the board and approved by shareholders. — Bord remnesationconsists of...Annual report · 2025-12-31
Related partyThe parent company holds large intercompany receivables on subsidiaries (USD 88.0 million at end-2025). — Sum fordringer Konsernfordring...Annual report · 2025-12-31
ImpairmentThe impairment test performed showed no impairment of intangible assets or goodwill at 31 December 2025. — The impsirment test perfomed d...Annual report · 2025-12-31
Capitalised R&DDevelopment investments, including fuel cell development, are capitalised as assets under construction once defined decision gates are me...Annual report · 2025-12-31
RestructuringInventory was reviewed for damage and obsolescence as part of ongoing operations and restructuring activities, with no write-down recogni...Annual report · 2025-12-31
Deferred taxDeferred tax assets of USD 42.6 million (2024: 35.7) are not recognised in the balance sheet. — Not reconied inhe balance sheef Deferred...Annual report · 2025-12-31
Legal disputeA customer claim for defective delivery of a battery system served in late December 2020 was settled out of court. — Late December 2020 h...Annual report · 2025-12-31
Post balance sheet eventBy 10 April 2026 the group had collected MUSD 21.9 of the overdue/outstanding trade receivable amounts. — As al Apl 10, 2026, te Goup hd ...Annual report · 2025-12-31
OtherPwC provided audit and other services to the group in 2025 and 2024 (fees disclosed in the note); no auditor's report is included in the ...Annual report · 2025-12-31
OtherThe Norwegian Tax Directorate granted permission to prepare the annual accounts and directors' report in English. — Based on a total eval...Annual report · 2025-12-31
HYDRO ENERGI INVEST AS exited (held 24.1 pct)Owner exit · 2025-12-31
Skiwo · company_events

Tenders0 wins · 0 losses

No recorded tender wins.
Relevant open tenders — matched NACE 27.200 ↔ CPV
subscribers sharpen matches with per-company keywords
open-tender matching (NACE ↔ CPV) awaits Intelligo's open-tenders view
Doffin/TED · company_tender_wins · 2026-08-03

Structureparent

Owns ↓ · 2 subsidiaries
Owned by ↑ · top 10
EQUINOR VENTURES AS
6.1%
EQUINOR VENTURES AS
5.2%
EQUINOR VENTURES AS
1.6%
IKAB AS
0.4%
KONGSBERG MARITIME AS
0.3%
VALØEN TECHNOLOGIES HOLDING AS
0.2%
SMØREGRAVA HOLDING AS
0.2%
NIROSTA AS
0.2%
PETACON AS
0.2%
GRENLAND ENERGY HOLDING AS
0.1%
Aksjonærregisteret · company_ownership · 2025 · both directions

LocationBergen

Bergen
municipality only · street address + coordinates not yet in Intelligo
Brreg · registered municipality
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