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Bergen Carbon Solutions AS
OSE:BCS

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Bergen Carbon Solutions AS
OSE:BCS
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Price: 3.73 NOK -2.86%
Market Cap: kr156.5m

Bergen Carbon Solutions AS
Investor Relations

Bergen Carbon Solutions AS engages in the development of proprietary method of producing carbon nanofiber by using captured carbon dioxide and hydropower. The company is headquartered in Blomsterdalen, Hordaland. The company went IPO on 2021-04-19. The firm uses technology to turn CO2 emissions into carbon nanofiber, a material which is lighter than plastic, stronger than steel and leads electricity better than copper, and with wide ranging applications from energy storage to protective clothing. The firm was founded in 2016 and based in Bergen.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 7, 2025
AI Summary
Q3 2025

Tech Breakthrough: Bergen Carbon Solutions achieved a stable, repeatable process for producing high-quality carbon powder, marking a major technical milestone.

Cost Control: Cash burn rate reduced by 52% year-to-date compared to last year; company maintains steady headcount and limited CapEx needs.

Strong Cash Position: Ended the quarter with NOK 140 million in cash and received a NOK 30 million grant from Innovation Norway, extending operational runway.

Commercial Readiness: Company is preparing to ramp up production for internal and external testing, moving closer to industrial-scale commercialization.

Strategic Focus: Targeting niche battery markets where sustainability and supply chain resilience are valued over price, rather than competing directly with conventional Chinese CNT.

EU and Geopolitics: Management sees increasing EU and defense sector interest in local, sustainable carbon materials amid geopolitical tensions and new regulations.

Key Financials
Cash Burn
NOK 7 million
Cash Position
NOK 140 million
Headcount
21 full-time employees
Innovation Norway Grant
NOK 30.3 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Odd Stromsnes
Chief Executive Officer
No Bio Available
Mr. Finn Blydt-Svendsen
Co-Founder, Co-Owner & Director
No Bio Available
Ms. Karina Brudeseth
Chief Financial Officer
No Bio Available
Mr. Håvard Husby
Deputy Chief Technology Officer
No Bio Available
Mr. Fredrik Oksnes
Chief Commercial Officer
No Bio Available
Dr. Rita Glenne Ph.D.
Acting CTO & Director
No Bio Available

Contacts

Address
HORDALAND
Blomsterdalen
Fleslandvegen 70E
Contacts