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PAVELS INNOVATION AS

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PAVELS INNOVATION AS

Org.nr. 987 697 547 · Private limited company (AS) · PORSGRUNN

Analyze

Key figures 2025

Revenue

NOK 4.7m

▼ 54%

Operating profit

-NOK 3.2m

▲ 8.7%

Net profit

-NOK 2m

▲ 9.7%

Equity

NOK 3.8m

▼ 33.8%

Employees: Not registered
Revenue per employee: Cannot be calculated
Operating margin: -68.1%
Age: 21 years

Source: Regnskapsregisteret (Brønnøysundregistrene) · Fetched 27/10/2026, 02:47

Creating the analysis …

Key information

Chief executive

Financial health 2025

Profitability

-63.3%

Not satisfactory

Solidity

75.5%

Very good

Liquidity

Roles

General manager: Trond Erik Heier (b. 1961) – General manager
Board: Trond Erik Heier (b. 1961) – Chair of the board
Preben René Hjallum (b. 1970) – Board member
Auditor: FLYT REVISJON AS – Auditor

Person profiles with every company a person has roles in are coming soon.

Source: Enhetsregisteret (Brønnøysundregistrene) · Fetched 27/10/2026, 02:47

People

People with roles in this company, and the other companies they have roles in.

Preben René Hjallum (b. 1970)
Here: Board member
Also has roles in

Trond Erik Heier (b. 1961)

Industry

00.000 Uoppgitt

Address

Hydrovegen 19, 3933 PORSGRUNN

Employees

Not registered

Founded

8 December 2004

Website

www.pavelsinnovation.no

Contact details

Phone and email registered. Log in to see

Auditor

FLYT REVISJON AS

Accountant

Not registered

Purpose / activity (in Norwegian)

Å ivareta selskapets forpliktelser og rettigheter overfor Wow Gear AS, som er et 50% eiet joint venture med base i California, samt å forvalte eventuelle andre immaterielle rettigheter som selskapet har opparbeidet. Selskapet skal også ivareta rettigheter og forpliktelser under eksisterende kundeforhold, og skal forvalte inntekter som mottas igjennom provisjonsordninger knyttet til tidligere kundeprosjekter.

More company details

Organisation number: 987 697 547
Legal form: Private limited company (AS) (AS)
Registered in the Central Coordinating Register: 10 January 2005
Sector: Private aksjeselskaper mv.
VAT register: Registered
Register of Business Enterprises: Registered
Latest annual accounts filed: 2025
Business address: Hydrovegen 19, 3933 PORSGRUNN
Postal address: Not registered
Municipality: PORSGRUNN

Source: Enhetsregisteret (Brønnøysundregistrene) · Fetched 27/10/2026, 02:47

1.08

Satisfactory

Accounts

Operating revenue

NOK 4.7m▼ 54%

16.6M

2023

10.3M

2024

4.7M

2025

Operating profit

-NOK 3.2m▲ 8.7%

1.3M

2023

−3.5M

2024

−3.2M

2025

Net profit

-NOK 2m▲ 9.7%

2.6M

2023

−2.2M

2024

−2M

2025

Equity

NOK 3.8m▼ 33.8%

8.7M

2023

5.8M

2024

3.8M

2025

Total assets

NOK 5.1m▼ 32.5%

10.9M

2023

7.5M

2024

5.1M

2025

Total liabilities

NOK 1.2m▼ 28.1%

2.2M

2023

1.7M

2024

1.2M

2025

Source: Regnskapsregisteret (Brønnøysundregistrene) · Fetched 27/10/2026, 02:47

Chair of the board

›

PALLA PHARMA EIENDOM ASBoard member›

PALLA PHARMA NORWAY HOLDING ASBoard member›

PRESTEGÅRDEN KRAGERØ ASChair of the board›

PYNT ASChair of the board›

STILY ASChair of the board›

Trond Erik Heier (b. 1961)

Here: General manager, Chair of the board

Also has roles in

GIG NETWORKS ASBoard member
SMAQ INVEST ASChair of the board
SOLID MEDIA HOLDING ASChair of the board
SOLVIDA ASGeneral manager, Deputy board member
ZONIC ASGeneral manager, Chair of the board
ZONIC DESIGN OG PRODUKSJON ASGeneral manager, Chair of the board

Companies

No companies are connected to this entity through roles.

Owners (shareholders) are not in the business register but in the Norwegian Tax Administration's shareholder register. Coming later.

People are matched on name and date of birth from the register, never on name alone. Source: Register of roles (Brønnøysundregistrene) · Fetched 25/10/2026, 22:59