Beyonder’s annual report shows a loss before tax of NOK 143 million for 2025, compared with NOK 87 million the year before, and the board says the firm needs roughly NOK 100 million in fresh equity by mid-September 2026 to continue operations. The company received NOK 12 million in a capital increase in March 2026 and NOK 45.8 million via a debt conversion in April 2026, the report states.
Total liabilities stand at NOK 240 million. Innovasjon Norge holds secured claims of NOK 103 million and DNB has two secured loans totalling NOK 24 million; both lenders have granted temporary payment relief. Beyonder is in breach of covenant requirements on equity and payments, the filing says.
Beyonder wrote down NOK 23.4 million linked to a planned pilot line in Sandnes, which it has abandoned in favour of a production partnership with Ganfeng Lienergy in China. CEO Tove N. Ljungquist told the publisher by email that pilot production needs are met via the partner, while R&D remains in Sandnes.