Nordic Brain Tech AS

923 149 430 ↗Research and experimental development on natural sciences and engineering
identity
AS · est 2019OsloParent · 4 subsidiaries
Brreg · companies
Employees
CEO · since2019-08-01Cathrine Ro Heuch
Chair · since2026-05-12Christel Elise Kanli
headcount series appears after two register changes
Roles from Brreg, shown for business contact only. No birth date is shown or exported (purpose limitation, GDPR Art. 6(1)(f)).
Brreg · company_people
6 registered roles
Daglig lederCathrine Ro Heuch Multiple boards2019-08-01
Styrets lederChristel Elise Kanli Multiple boards2026-05-12
StyremedlemRenée Christine Amundsen Multiple boards2026-05-12
StyremedlemAnders Christian Guttormsen Multiple boards2026-05-12
StyremedlemLars Lundamo2026-05-12
StyremedlemAnton Lorenz Bondesen Multiple boards New CEO2026-05-12
register ledger · people
2024-12-31reportEmployee share optionsThe notes disclose option grants to employees with numbers and exercise prices per grant year. — Ar for tildeling av opsjoner til ansatte...
2022-12-31reportEmployeesAverage full-time equivalents were 8 in 2022 versus 6 in 2021. — Gjennomsnittlig antall arsverk sysselsatt iregnskapsaret 8 6
2022-12-31reportEmployee optionsOptions granted to employees on 11.08.2021 were unexercised at 31.12.2022, and further options were granted in 2022. — Opsjoner tildelt a...
NOK, amounts in thousands
20242025
Revenue2 01710 186
Operating result−6 5352 871
Result before tax−6 1662 884
Net result−8 3262 883
Total assets17 89322 819
Equity15 21022 068
202020212022202320242025
Revenue2 1653591 8418032 01710 186
Operating result−973−1 288−1 600−5 737−6 5352 871
Result before tax−990−1 316−1 649−5 756−6 1662 884
Net result−752−1 027−1 276−4 442−8 3262 883
Total assets4 7035 51819 56025 51517 89322 819
Equity−350−1 37717 97723 53615 21022 068
Regnskapsregisteret · company_revenue · FY2025 (company)
register ledger · money
2026-07-09regaccounts_filed: sisteInnsendteAarsregnskap2024 -> 2025
2024-12-31reportNo consolidated accountsNo consolidated financial statements are prepared, using the small-entity exemption. — smaforetak(s3-7),utarbeidesdetikkekonsernregnskap.
20242025
STORMAST AS 21
CODEE HOLDING AS 20
HEUCH HOLDING AS 1213
ENGEBRETSEN HOLDING AS 1011
STEFAN BORG HOLDING AS 1011
NTNU TECHNOLOGY TRANSFER AS 89
NORDIC BRAIN TECH AS · self5
STUBBERUD INVEST AS 55
STARTUPLAB FOUNDERS FUND III AS 77
ALEX OLSEN INVEST AS 34
+ 13 smaller holders
202020212022202320242025
STORMAST AS 21
CODEE HOLDING AS 142020
HEUCH HOLDING AS 202013121213
ENGEBRETSEN HOLDING AS 181811101011
STEFAN BORG HOLDING AS 181811101011
NTNU TECHNOLOGY TRANSFER AS 15159889
NORDIC BRAIN TECH AS · self99655
STUBBERUD INVEST AS 885555
STARTUPLAB FOUNDERS FUND III AS 8777
ALEX OLSEN INVEST AS 664334
+ 13 smaller holders
Aksjonærregisteret · company_ownership · 2025 · both directions
register ledger · owners
2025-12-31own+STORMAST AS acquired 21.2 pct
2025-12-31own−NORDIC BRAIN TECH AS exited (held 5.1 pct)
2025-12-31own−CODEE HOLDING AS exited (held 20.1 pct)
stewards
202420252026
auditor KPMG AS 2019-08-01
accountant SPAREBANK 1 REGNSKAPSHUSET SMN AS 2025-06-26
2020202120222023202420252026
auditor KPMG AS 2019-08-01
accountant SPAREBANK 1 REGNSKAPSHUSET SMN AS 2025-06-26
Brreg · company_org_roles
tenders
No recorded tender wins.
Relevant open tenders — matched · NACE 72.100 ↔ CPV
subscribers sharpen matches with per-company keywords
open-tender matching (NACE ↔ CPV) awaits Intelligo's open-tenders view
Doffin/TED · company_tender_wins · freshness unknown
hiring
No job ads on record in the last 12 months.
NAV Arbeidsplassen · company_job_ad_months
group · owns
Group revenue kr 12.6MGroup net kr -3.97MTenders won 0Rolled up across the parent + 4 subsidiaries — Brain Twin AS alone is kr 1.47M.
rollup estimate · filed konsernregnskap not yet in Intelligo
100%
Brain Twin AS 100%Research and experimental development on natural sciences and engineeringkr 1.47M
Cenli AS 100%Research and experimental development on natural sciences and engineeringkr 969k
100%
Nordic Brain Tech AS 5.1%
Aksjonærregisteret · company_ownership · 2025 · both directions
report
FY2025audit: No reservationsKPMG ASThe report questions whether the company can continue as a going concern.6 full-time equivalentssigned: Christel Elise Kanli, Renee Christine Amundsen, Anders Christian Guttormsen, Anton Lorenz Soleng, Lars Lundamo, Cathrine Ro Heuch
Regnskapsregisteret (årsberetning) · company_annual_reports
register
registered 2019-08-01
Brreg · companies
register ledger · 30 events
2026-08-04regcapital_change: share_capital167957 -> 176286
2026-08-04regcapital_change: number_of_shares167957 -> 176286
2026-07-09regaccounts_filed: sisteInnsendteAarsregnskap2024 -> 2025
2025-12-31own+STORMAST AS acquired 21.2 pct
2025-12-31own−NORDIC BRAIN TECH AS exited (held 5.1 pct)
2025-12-31own−CODEE HOLDING AS exited (held 20.1 pct)
2024-12-31reportAudit scope and clean conclusionKPMG AS audited the 2024 financial statements and concluded that they comply with law and Norwegian GAAP. — Vi har revidert arsregnskapet...
2024-12-31reportAuditor signature and dateThe audit report is signed in Trondheim on 12 May 2025 by state authorised auditor Karin Johnsen of KPMG AS. — Trondheim,12.mai2025
2024-12-31reportGoing concern assessed as unproblematicThe board and CEO state there is no material uncertainty about going concern. — Styretogdagligledermenersomfolge avdetteatdetikkeervesent...
2024-12-31reportCompany backgroundThe company is a 2019 NTNU spin-off commercialising a research-based innovation for headache and migraine patients. — NordicBrainTech ere...
2024-12-31reportTwo subsidiaries established in 2024Two subsidiaries, Cerebri Biofeedback AS and Brain Twin AS, were established during 2024. — Det eri 2024 stiftet to datterselskaper, Cere...
2024-12-31reportDemerger decided by shareholdersIn 2024 the shareholders resolved to demerge the company, transferring the Cerebri biofeedback business and the Brain Twin app business t...
2024-12-31reportPlanned financing round in 2026The company plans a larger financing round during 2026 to scale. — Ilopet av 2026 planleggerselskapetenstorrefinansieringsrunde fora skalere
2024-12-31reportTreasury sharesThe company holds 9,000 own shares, equal to 5% of its share capital, recorded at cost and reducing equity. — Selskapeteier9000egne aksje...
2024-12-31reportStaff numbersThe company employed 8 full-time equivalents during the financial year. — Antallarsverksysselsattiregnskapsaret: 8
2024-12-31reportSkatteFUNN grant receivableA SkatteFUNN grant of NOK 1,278,716 was awarded, recognised as a short-term receivable against the tax authorities and netted against cap...
2024-12-31reportCapitalised R&D policyR&D expenditure expected to give future economic benefit has been capitalised from 2021, net of grants. — FoU-utgifter somansesa gi fremt...
2024-12-31reportEmployee share optionsThe notes disclose option grants to employees with numbers and exercise prices per grant year. — Ar for tildeling av opsjoner til ansatte...
2024-12-31reportNo consolidated accountsNo consolidated financial statements are prepared, using the small-entity exemption. — smaforetak(s3-7),utarbeidesdetikkekonsernregnskap.
2024-12-31reportBoard and management signaturesThe accounts are signed in Oslo on 5 May 2025 by the chair, three board members and the CEO. — Pal Falck Alexander Olsen MarcusAleksand...
2022-12-31reportClean audit opinionKPMG concludes that the financial statements comply with legal requirements and Norwegian GAAP. — oppfyller arsregnskapet gjeldende lovkr...
2022-12-31reportAuditor signatureThe audit report is signed in Trondheim on 10 May 2023 by state authorised auditor Karin Johnsen of KPMG AS. — Karin Johnsen
2022-12-31reportBoard on continued operationsThe board considers continued operations justifiable given planned activities. — StyretiNordicBrainTechanservidere driftsomforsvarlig,git...
2022-12-31reportContingency plan to downscaleThe company describes a fallback of scaling down activities and financing mainly payroll and administrative costs (about NOK 650k/month)....
2022-12-31reportEquity raise May 2022Nordic Brain Tech raised NOK 16.1 million of new equity in May 2022 through cash contributions and new investors via SLiP. — Nordic Brain...
2022-12-31reportShare capital and treasury sharesShare capital increased from NOK 100,000 to NOK 159,443, with treasury shares of NOK 9,000 unchanged. — Aksjekapital 5,7 159 443 100000
2022-12-31reportTreasury shares holdingThe company holds 9,000 own shares at 31.12.2022, stated as 6% of share capital. — Beholdning pr.31.12.2022 0006 1 9000 6%
2022-12-31reportEmployeesAverage full-time equivalents were 8 in 2022 versus 6 in 2021. — Gjennomsnittlig antall arsverk sysselsatt iregnskapsaret 8 6
2022-12-31reportEmployee optionsOptions granted to employees on 11.08.2021 were unexercised at 31.12.2022, and further options were granted in 2022. — Opsjoner tildelt a...
2022-12-31reportSkatteFUNN grantsThe company has been awarded public grants under the SkatteFUNN scheme for 2020-2023, reducing capitalised development costs. — Selskapet...
Skiwo · company_events