CFO, Finance manager, Group accounting manager
Morten Bernhardsen
Morten is an experienced CFO and finance leader with a strong background from demanding finance and leadership roles. He combines deep technical finance expertise with commercial understanding and practical execution. His experience covers financial management, group accounting, consolidation, IFRS reporting, liquidity and balance sheet management, financing, M&A support, performance management, budgeting, forecasting and board reporting. He has held senior finance roles in listed companies, infrastructure, asset management and family office environments. Morten is particularly strong in situations where companies need better financial control, clearer reporting, stronger liquidity management and reliable decision support. He has led finance teams, worked closely with CEOs, boards and executive management, and has experience from capital raising, refinancing, cost control and improvement of finance processes.
Selected experience
Huddlestock Fintech AS, Group Chief Financial Officer, 2024–2025
- Held overall responsibility for financial management, liquidity, financial strategy and reporting
- Worked closely with the CEO and board as part of group management
- Key responsibilities included liquidity forecasting, external financing, refinancing, capital raising
- Preparation of consolidated financial reporting, investor presentations and stock exchange announcements
Midelfart Capital AS & Pescara AS, Chief Financial Officer, 2022–2023
- Led the finance function in a recognised family office
- Responsible for accounting, payroll, tax, financial control and reporting
- Worked closely with the CEO on portfolio follow-up, investment management and financial governance
- Followed up portfolio companies and supported active ownership
- Ensured compliance with regulatory requirements, including disclosure rules and insider regulations
Navamedic ASA, Director of Group Accounting, 2020–2022
- Responsible for group reporting, annual accounts and quarterly reporting under IFRS
- Prepared stock exchange reporting and implemented financial guidelines across the group
- Participated in due diligence and acquisition processes
- Led the implementation of financial reporting in new subsidiaries
- Acted as a key advisor to the CEO, CFO and board on accounting, tax and corporate law matters
Bulk Infrastructure Group AS, Group Controller, 2019–2020
- Responsible for financial follow-up of business areas and subsidiaries
- Managed group accounting processes, consolidation and IFRS
Sector Asset Management AS, Senior Controller, 2012–2019
- Responsible for financial management and reporting
- Prepared quarterly and annual reports
- Handled reporting to the Financial Supervisory Authority and other public authorities
- Managed liquidity, budgeting, forecasting, company accounts and group accounts
- Led company events such as capital increases and company incorporations
Education
- Master of Science in Business and Economics, BI Norwegian Business School, 2006–2008
- Bachelor in Business and Management, BI Norwegian Business School, 2002–2006
From ADVALO, you get both strategic understanding and operational execution in the same resource.
Contact NAME
Morten brings experience from CFO, group accounting manager and other senior finance leadership roles. He combines strong financial expertise with a hands-on operational perspective, with particular experience from complex ownership structures, regulated environments and capital market processes. At ADVALO, Morten works as CFO and group accounting manager for PE-backed companies, supporting management teams with reporting, governance, liquidity, financial control and decision support. His experience includes senior finance roles at Huddlestock Fintech, Midelfart Capital, Navamedic, Bulk Infrastructure, Sector Asset Management and Gjensidige. Morten holds a Master of Science in Business and Economics from BI Norwegian Business School.
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Morten Bernhardsen
May 3, 2026
–
5
Minute read
How a PE-backed growth company gained control of group reporting
A PE-backed growth company with 9 entities across 7 countries needed its first consolidated financial statements within a short timeframe. The result was a structured group reporting process, stronger financial control and a management reporting foundation fit for audit, further growth and a future exit.
READ MORE
Practical perspectives shaped by our work and experience
May 3, 2026
–
5
Minute read
How a PE-backed growth company gained control of group reporting
A PE-backed growth company with 9 entities across 7 countries needed its first consolidated financial statements within a short timeframe. The result was a structured group reporting process, stronger financial control and a management reporting foundation fit for audit, further growth and a future exit.
Ragnhild Ulvik
Ragnhild is a senior transformation leader with 20 years of experience from large, complex and capital-intensive companies. She brings strong expertise in business transformation, governance, financial management and performance improvement, combining deep finance experience with a broad understanding of business operations, organisation and technology. At ADVALO, Ragnhild works with executive teams and boards on transformation, operating model design, performance improvement and benefits realisation, helping organisations translate strategic priorities into measurable business impact. Her experience includes senior leadership roles at Statkraft, Equinor and Norsk Hydro, including Senior Vice President and Vice President positions. She holds an MSc in Business Analysis and Performance Management from the Norwegian School of Economics, an MBA in International Management from ESADE, and has completed executive programmes at INSEAD and NHH Executive.
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Agnethe Kopperdal
Agnethe has experience as CFO, Group CFO and in senior finance leadership roles. She brings strong expertise in financial leadership, finance transformation, performance management and operational improvement. She combines broad experience from private equity, listed companies and founder-led businesses with a practical understanding of how finance functions support growth, transactions and strategic execution. At ADVALO, Agnethe works closely with management teams and boards on CFO support, finance transformation, business development and decision support. Her experience includes senior roles at Norrøna, itslearning, Equinor, Statoil Fuel & Retail and EY. Agnethe holds an MBA in Finance and a Master of Science in Accounting and Auditing from the Norwegian School of Economics, as well as a Master’s degree in Economics and Finance from Heriot-Watt University.
Isabelle Jokimäki
Isabelle brings strong expertise in finance management and performance improvement. She has experience from project-based organisations and has worked across project finance, investment analysis and economic decision support. At ADVALO, Isabelle works with system implementations and process improvements, with particular experience from assignment in the public sector. She supports clients in improving organisational effiiciency and finance processes. Her experience includes KPMG CFO Advisory and organisations within infrastructure, construction and advisory. Isabelle holds a Master’s degree in Business and Economics from NMBU.