/ Motor
NOGVA MOTORFABRIKK AS
Keywords
productioninternal combustion piston enginesboat engineslocomotive enginespistonspiston ringscarburetorsdiesel enginesintake valvesexhaust valvesturbinessteam turbineshydraulic turbineswater wheelswindmillsgas turbinesturbogenerators
Organization
- CEO
- RR
Roy Reite1965
- Chairman of the board
- PB
Pål Brynsrud1962
- Years since formation
- 7 years
- since Oct 23, 2018
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 93
Ownership
- Number of shares and share classes
- 1,100
- 1 share class
- Total number of shareholders
- 6
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 575,451,733
- NOK
- Annual total result 2024
- 52,081,291
- NOK
- Total equity 2024
- 320,529,552
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
RR 1965 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
PB 1962 | Chairman | - |
SG 1986 | Board Member | - |
WK 1962 | Board Member | - |
AT | Board Member | - |
KP | Board Member | 25 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KP | Board Member | 25 % indirectly |
| - | 25 % indirectly | |
KA 1955 | - | 11 % indirectly |
LÅ 1963 | - | 10 % indirectly |
| - | 10 % indirectly | |
AK | - | 9.55 % indirectly |
SN 1972 | - | 9.45 % indirectly |
Last update: Sep 13, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 550 | 50 % | |
| Ordinary shares | 121 | 11 % | |
| Ordinary shares | 110 | 10 % | |
| Ordinary shares | 110 | 10 % | |
| Ordinary shares | 105 | 9.55 % | |
| Ordinary shares | 104 | 9.45 % |
Shares owned by the NOGVA MOTORFABRIKK AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 2,000 | 100 % | |
| Ordinary shares | 424,500 | 100 % | |
| Ordinary shares | 273,000 | 91 % | |
| Ordinary shares | 350,000 | 50 % | |
| Ordinary shares | 115 | 7.37 % | |
| Ordinary shares | 1 | 5.26 % | |
| Ordinary shares | 5,500 | 4.74 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 575,451,733Operating profit 2024: NOK 69,935,723Employees: 93
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 575,451,733 | 457,993,906 | 421,216,362 | 408,995,334 |
Annual Total Result | 52,081,291 | 46,967,048 | 48,216,647 | 32,061,980 |
Total assets | 552,870,175 | 536,019,244 | 468,335,308 | 430,389,495 |
Total liabilities | 232,340,623 | 192,570,983 | 160,854,095 | 160,124,928 |
Total equity | 320,529,552 | 343,448,261 | 307,481,213 | 270,264,566 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 575,451,733 | 457,993,906 | 421,216,362 | 408,995,334 |
Total operating costs | 505,516,010 | 402,193,963 | 360,935,277 | 369,500,743 |
Operating result | 69,935,723 | 55,799,942 | 60,281,085 | 39,494,591 |
Financial income/costs | -1,016,368 | 4,695,583 | 1,567,580 | 1,642,466 |
Profit before tax | 68,919,355 | 60,495,526 | 61,848,665 | 41,137,057 |
Total tax & extraordinary income/cost | 16,838,064 | 13,528,478 | 13,632,018 | 9,075,077 |
Annual Total Result | 52,081,291 | 46,967,048 | 48,216,647 | 32,061,980 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 108,948,416 | 118,730,476 | 127,793,480 | 112,606,618 |
Total current assets | 443,921,760 | 417,288,768 | 340,541,828 | 317,782,876 |
Total assets | 552,870,175 | 536,019,244 | 468,335,308 | 430,389,495 |
Short term debt | 206,004,774 | 162,529,297 | 125,883,933 | 119,848,102 |
Long term debt | 26,335,849 | 30,041,686 | 34,970,162 | 40,276,826 |
Total liabilities | 232,340,623 | 192,570,983 | 160,854,095 | 160,124,928 |
Contributed capital | 197,367,544 | 197,367,544 | 197,367,544 | 197,367,544 |
Retained earnings | 123,162,008 | 146,080,717 | 110,113,669 | 72,897,022 |
Total equity | 320,529,552 | 343,448,261 | 307,481,213 | 270,264,566 |
Total equity and liabilities | 552,870,175 | 536,019,244 | 468,335,308 | 430,389,495 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
C
Main industrial area
Manufacturing
28
Activity
Manufacture of machinery and equipment n.e.c.
28.1
Main industrial group
Manufacture of general-purpose machinery
28.11
Industrial group
Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
28.110
Industrial group
Manufacture of engines and turbines, except aircraft, vehicle and cycle engines