AS · est 2012SulaParent · 4 subsidiarieswas PG GROUP HOLDING AS →2020
Brreg · companies
Employees—
CEO · since—
Chair · since—
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
NOK, amounts in thousands
| 2024 | 2025 | ||
|---|---|---|---|
| Revenue | |||
| Operating result | −2 538 | −2 957 | |
| Result before tax | −16 374 | −194 757 | |
| Net result | −16 374 | −194 757 | |
| Total assets | 514 369 | ||
| Equity | −15 548 |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Operating result | −2 538 | −2 957 | |||||
| Result before tax | −16 374 | −194 757 | |||||
| Net result | −16 374 | −194 757 | |||||
| Total assets | 514 369 | ||||||
| Equity | −15 548 |
Regnskapsregisteret · company_revenue · FY2025 (company)
register ledger · money
| 2026-07-29 | reg | accounts_filed: last_annual_accounts_year | 2024 -> 2025 |
| 2024 | 2025 | ||
|---|---|---|---|
| ENFLOW HOLDING AS | 100 | 100 | — |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| ENFLOW HOLDING AS | 100 | 100 | 100 | 100 | 100 | 100 | — |
Aksjonærregisteret · company_ownership · 2025 · both directions
| 2024 | 2025 | 2026 | |
|---|---|---|---|
| auditor TELL NORGE AS 2026-06-23 | ● | ||
| accountant — |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|
| auditor TELL NORGE AS 2026-06-23 | ● | ||||||
| accountant — |
Brreg · company_org_roles
No recorded tender wins.
Relevant open tenders — matched · NACE 28.930 ↔ CPVsubscribers sharpen matches with per-company keywords
open-tender matching (NACE ↔ CPV) awaits Intelligo's open-tenders view
Doffin/TED · company_tender_wins · 2026-08-18
No job ads on record in the last 12 months.
NAV Arbeidsplassen · company_job_ad_months
Group revenue kr 1.05bnGroup net kr -202.8MTenders won 0Rolled up across the parent + 4 subsidiaries — PG Flow Solutions AS alone is kr 636.7M.
rollup estimate · filed konsernregnskap not yet in Intelligo
| PG Flow Solutions AS | 100% | Machining of metals | kr 636.7M |
| Cflow AS | 100% | Manufacture of machinery for food, beverage and tobacco processing | kr 410.4M |
| Flow Holdco AS | 100% | Manufacture of machinery for food, beverage and tobacco processing | |
| Logistea Holsneset AS | 100% | Rental and operating of own or leased real estate | kr 5.14M |
| Tomren Fish AS | 7.7% |
Aksjonærregisteret · company_ownership · 2025 · both directions
FY2025audit: No reservationsTell Norge AS0 full-time equivalentssigned: Per-Ola Baalerud, Roy Norum, Peter Jeremy Elton, Trond Bjørnøy, Martin Sverre Kildahl, Linda Reinli Ekenberg
Regnskapsregisteret (årsberetning) · company_annual_reports
17 notes from the report
| Audit opinion | The auditor Tell Norge AS issued an unmodified opinion on the 2025 financial statements. | “Inouropinion thefinancial statementscomplywith applicable statutoryrequirements,and thefinancial” |
| Going concern | The board notes that the Group and EnFlow AS have negative book equity while the ultimate parent has a solid equity position. | “solid equity position,while the Group and EnFlow AS has negative book equity.The Board of” |
| Going concern | Liquidity forecasts support continued operations until and beyond 31 December 2026. | “Liquidity forecasts indicate sufficient liquidity to continue operations until and beyond31December2026.” |
| Share capital | Share capital of NOK 29,457,389 divided into 589,147,780 shares of NOK 0.05. | “The share capital of 29 457 389 consists of 589 147 780 shares with nominal value of NOK 0,05.” |
| Sale process | The company sold its subsidiary Calder Ltd during 2025, recognised as other financial expense. | “In 2025 Enflow AS sold its subsidiary Calder Ltd.” |
| Subsidiary | After the Calder sale the group is fully focused on aquaculture through Cflow AS. | “Following the sale of Calder Ltd.inDecember 2025,the Group is fully focused on aquaculture through Cflow” |
| Remuneration | No salary, pension or other remuneration was paid to the general manager or the board. | “Remuneration to leading personnel Salaries General Manager 0 Board o” |
| Related party | No loans or guarantees have been granted to the general manager, board chairman or other related parties. | “No loans/guarantees have been granted to the general manager, board chairman or other related parties.” |
| Related party | Loans from Battlewood LTD and Calder LTD were settled in connection with the sale of Calder LTD. | “The loans from Battlewood LTD and Calder LTD were settled in connection with the sale of Calder LTD.” |
| Pledge or guarantee | NOK 210.0 million of the group's interest-bearing debt is guaranteed by shareholders. | “NOK 210.0 million is guaranteed by shareholders.” |
| Pledge or guarantee | Group inventories, trade receivables and property, plant and equipment are pledged as security for the bank debt. | “property, plant and equipment are pledged as security for this debt.” |
| Loan or financing | As part of a refinancing in December 2025, MNOK 38.7 of external debt was transferred to subsidiary Flow Newco AS. | “In December 2025, external debt of MNOK 38.7 was transferred from Enflow AS to the subsidiary Flow” |
| Staff numbers | The company had no employees in 2025 and therefore no pension scheme obligation. | “The company had no employees in 2025, and is therefore not obligated to have a pension scheme.” |
| Staff numbers | The group had 139 employees at year-end, of which 19 were women. | “The Grouphad 139 employees at the end of the year of which 19 are women(14%,down from” |
| Dividend | The loss of NOK 194,757,168 is carried forward; no dividend is proposed. | “The Board proposes the following dispositions of profit for EnFlow AS” |
| Ownership | Historic group structure letter: the parent wholly owns the company (then named PG Group Holding AS, org.nr. 998 406 854), which in turn owned 100% of the operating company. | “PG Group Parent Holding AS har et heleid datterselskap PG Group Holding AS, som igjen eier 100% av” |
| Other | The parent maintains Directors and Officers liability insurance covering board members and managerial employees. | “EnFlow Holding AS has purchased and maintains a Directors and Oficers liability insurance” |
registered 2012-05-22
Brreg · companies
register ledger · 18 events
| 2026-07-29 | reg | accounts_filed: last_annual_accounts_year | 2024 -> 2025 |
| 2025-12-31 | report | Audit opinion | The auditor Tell Norge AS issued an unmodified opinion on the 2025 financial statements. — Inouropinion thefinancial statementscomplywith... |
| 2025-12-31 | report | Going concern | The board notes that the Group and EnFlow AS have negative book equity while the ultimate parent has a solid equity position. — solid equ... |
| 2025-12-31 | report | Going concern | Liquidity forecasts support continued operations until and beyond 31 December 2026. — Liquidity forecasts indicate sufficient liquidity t... |
| 2025-12-31 | report | Share capital | Share capital of NOK 29,457,389 divided into 589,147,780 shares of NOK 0.05. — The share capital of 29 457 389 consists of 589 147 780 sh... |
| 2025-12-31 | report | Sale process | The company sold its subsidiary Calder Ltd during 2025, recognised as other financial expense. — In 2025 Enflow AS sold its subsidiary Ca... |
| 2025-12-31 | report | Subsidiary | After the Calder sale the group is fully focused on aquaculture through Cflow AS. — Following the sale of Calder Ltd.inDecember 2025,the ... |
| 2025-12-31 | report | Remuneration | No salary, pension or other remuneration was paid to the general manager or the board. — Remuneration to leading personnel Salaries Gen... |
| 2025-12-31 | report | Related party | No loans or guarantees have been granted to the general manager, board chairman or other related parties. — No loans/guarantees have been... |
| 2025-12-31 | report | Related party | Loans from Battlewood LTD and Calder LTD were settled in connection with the sale of Calder LTD. — The loans from Battlewood LTD and Cald... |
| 2025-12-31 | report | Pledge or guarantee | NOK 210.0 million of the group's interest-bearing debt is guaranteed by shareholders. — NOK 210.0 million is guaranteed by shareholders. |
| 2025-12-31 | report | Pledge or guarantee | Group inventories, trade receivables and property, plant and equipment are pledged as security for the bank debt. — property, plant and e... |
| 2025-12-31 | report | Loan or financing | As part of a refinancing in December 2025, MNOK 38.7 of external debt was transferred to subsidiary Flow Newco AS. — In December 2025, ex... |
| 2025-12-31 | report | Staff numbers | The company had no employees in 2025 and therefore no pension scheme obligation. — The company had no employees in 2025, and is therefore... |
| 2025-12-31 | report | Staff numbers | The group had 139 employees at year-end, of which 19 were women. — The Grouphad 139 employees at the end of the year of which 19 are wome... |
| 2025-12-31 | report | Dividend | The loss of NOK 194,757,168 is carried forward; no dividend is proposed. — The Board proposes the following dispositions of profit for En... |
| 2025-12-31 | report | Ownership | Historic group structure letter: the parent wholly owns the company (then named PG Group Holding AS, org.nr. 998 406 854), which in turn ... |
| 2025-12-31 | report | Other | The parent maintains Directors and Officers liability insurance covering board members and managerial employees. — EnFlow Holding AS has ... |
Skiwo · company_events