Q-Free Investor Relations
Q-Free Investor Relations

Investor relations

Systematically sharing data is key to our core business. We work with our shareholders and investors the same way – with openness, transparency, and earnestness.

Investors will find relevant financial and corporate information about Q-Free on this page.

Should you have further questions do not hesitate to contact us.

Key figures

~1B NOK (~100 M USD)
IN REVENUES

LISTED ON
OSLO STOCK EXCHANGE
IN 2002

REFERENCES FROM
50+ MARKETS

Key figures from 2019 to Q3 2020, according to previous segment reporting, can be obtained by contacting our investor relations department.

Latest news

Latest quarterly results

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Members of the board

Trond Valvik (1980)

Chair of the Board

Served since 2017

Trond Valvik is Investment Director and responsible for the business area of Direct Investments in Rieber & Søn AS. Rieber & Søn AS is the investment company of the Rieber family in Bergen, Norway, and is Q-Free’s largest shareholder (46.44%). Valvik has previously been Partner in the Private Equity company Borea Opportunity. Working with investments and exercising active ownership for several years, Valvik possess significant Board experience from different industries. Valvik also has operational experience as interim leader in various companies in connection to restructuring and change processes, e.g. in the field of IT and software, where he acted as Group CEO of Software Innovation for a period. Valvik also has experience from transaction support and audit in EY. Valvik holds a MSc Business degree from the Norwegian School of Economics (NHH). Valvik has served as Chair of the Board since 2020.  Valvik serves as director/chairperson of several companies related to the Rieber & Søn AS group. Valvik is a Norwegian citizen and resides in Fjaler, Norway. Valvik owns indirectly through Battelhavet AS 250,000 shares in Q-Free ASA.

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Snorre Kjesbu

Snorre Kjesbu (1969)

Vice Chair

Served since 2016

Snorre Kjesbu is Vice President & General Manager of Webex Devices at Cisco. He is a global citizen leading a worldwide organization responsible for the collaboration devices business ranging from IP phones to immersive video systems.

Prior to his return to Cisco, Snorre was Executive VP of Design, Creation and Fulfillment at BANG & OLUFSEN in Copenhagen. His résumé also includes SVP at Tandberg and being responsible for R&D on wireless communication at ABB. He and his team at ABB were awarded the Wall Street Journal Innovation award for their work on wireless sensors in 2002.

Snorre holds a Master of Science from the University of Bristol and has been a guest lecturer at the Stanford Network Research Center in Stanford University. He has obtained more than 20 patents in the areas of communications and video conferencing and is on the board of directors for several IT companies. Kjesbu is a Norwegian citizen and resides in Oslo, Norway. Kjesbu has 84,505 shares in Q-Free ASA.

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Ingeborg Molden Hegstad (1976)

Board member

Served since 2018

Ingeborg Hegstad has 20 years of experience from management consulting, including Associate Partner in McKinsey & Company and Management Consultant at Egon Zehnder, serving the retail, telecoms and IT sectors. Since 2015 Hegstad has been a partner in Imsight AS, offering strategy and leadership advisory to executives, teams and organizations. Throughout her career Hegstad has been leading international engagements in multiple countries in Europe and Asia. Hegstad holds a Master of Business and Administration from Norwegian Business School BI (2000). She is also a member of the board of StrongPoint ASA and Cyviz ASA. Ingeborg Molden Hegstad resides in Oslo, Norway. Hegstad owns indirectly through Imsight AS 42,450 shares in Q-Free ASA.

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Trine Strømsnes (1969)

Board member

Served since 2019

Trine Strømsnes is Country Manager of Cisco Norway. Throughout her career in Cisco, Trine Strømsnes has held several roles within sales, business development, sales management and marketing. She was COO for Norway and Partner Leader for Norway and Northern Europe, responsible for developing and execution of Go-to-Market Strategy and tactics for Partner Operation. She has also been Director Marketing, responsible for developing and executing Marketing for Countries in Northern Europe, Regional Sales Manager for Public Sector in Norway, as well as Manager Sales Business Development in Public Sector team in Europe. Strømsnes is an experienced leader with a passion for identifying innovative approaches to how technology can be utilised to create true value. Strømsnes is Chair of Cisco Norway, Cisco Norway Holding and Cisco Systems Norway, and director of American Chamber of Commerce. Strømsnes is a Norwegian citizen, and resides in Oslo, Norway. Strømsnes has no shares in Q-Free ASA.

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Geir Bjørlo (1976)

Board member

Served since 2020

Geir Bjørlo is co-founder and partner at Corporate Communications AS, a specialised consulting firm offering services within corporate and financial communications. Bjørlo has two decades of experience from the capital markets and works primarily with investor relations and transactions for listed companies and private equity firms. He is member of the Norwegian Society of Financial Analysts’ committee for financial information, has a MSc in Economics and Business Administration from the Norwegian School of Economics, NHH, and has completed studies at the University of Prague, VSE. Bjørlo is Chair of Corporate Communications AS. Bjørlo is a Norwegian citizen and resides in Oslo, Norway. Bjørlo owns indirectly through Illuminator AS, 117,146 shares in Q-Free ASA.

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Yngve Halmø (1980)

Employee-elected Board member

Served since 2020

Yngve Halmø has been with Q-Free since 2007, and holds the position as Software Architect for the Standard Software Group. Halmø has held several technical roles in Q-Free and has extensive experience from delivering projects in the Tolling business domain.

Halmø holds a BSc degree in software engineering from the University College of Tromsø, Norway, and a MSc in computer science from the Norwegian University of Science and Technology (NTNU) in Trondheim, Norway.

Yngve Halmø is a Norwegian citizen and resides in Trondheim, Norway. Halmø has no shares in Q-Free ASA.

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Brage Blekken (1977)

Employee-elected Board member

Served since 2020

Brage Blekken has been with Q-Free since 2000 and holds the position as senior R&D Engineer in the R&D department.

Blekken has a BSc in electronics from the Sør-Trøndelag University College in Trondheim, Norway.

Brage Blekken is a Norwegian citizen and resides in Trondheim, Norway. Blekken has no shares in Q-Free ASA.

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Financial calendar

Financial year 2020

12 February 2021 – Quarterly Report – Q4
29 April 2021 – Annual Report 2020

Financial year 2021

29 April 2021 – Quarterly Report – Q1
20 May 2021 – Annual General Meeting
9 July 2021 – Half-yearly Report
28 October 2021 – Quarterly Report – Q3
15 February 2022 – Quarterly Report – Q4

Due to Covid-19 restrictions, the presentations may be held as webcast only. Please keep updated on announced invitations.