AERO NORWAY AS
Aero Norway AS – Quality Engines
Aero Norway AS - Quality Engines
Keywords
repairmaintenanceaircraftspacecraftaircraft engines
Organization
- CEO
- ND
Neil Dan Russell1976
- Chairman of the board
- Years since formation
- 13 years
- since May 30, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 221
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 232,487,378
- NOK
- Annual total result 2024
- 11,479,941
- NOK
- Total equity 2024
- 28,536,987
- NOK
Last update: May 14, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ND 1976 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | - | |
| Board Member | - | |
PF | Board Member | - |
SH | Board Member | - |
KM | Board Member | - |
SL | Board Member | - |
MW | Alternate Member | - |
SA | Alternate Member | - |
BF 1964 | Alternate Member | - |
AS | Board Member | - |
KL | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Jan 29, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 300 | 100 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 232,487,378 | 224,570,158 | 175,011,397 | 113,049,270 |
Annual Total Result | 11,479,941 | 1,882,290 | 643,101 | -2,816,616 |
Total assets | 117,854,938 | 99,928,286 | 94,491,704 | 84,314,980 |
Total liabilities | 89,317,951 | 82,871,240 | 79,316,947 | 69,783,325 |
Total equity | 28,536,987 | 17,057,046 | 15,174,756 | 14,531,655 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 232,487,378 | 224,570,158 | 175,011,397 | 113,049,270 |
Total operating costs | 216,197,984 | 219,142,879 | 172,519,223 | 116,210,465 |
Operating result | 16,289,394 | 5,427,279 | 2,492,173 | -3,161,194 |
Financial income/costs | -1,452,903 | -2,545,812 | -1,364,334 | -569,385 |
Profit before tax | 14,836,491 | 2,881,467 | 1,127,840 | -3,730,580 |
Total tax & extraordinary income/cost | 3,356,550 | 999,177 | 484,739 | -913,964 |
Annual Total Result | 11,479,941 | 1,882,290 | 643,101 | -2,816,616 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 6,945,050 | 9,102,358 | 9,276,566 | 9,834,407 |
Total current assets | 110,909,888 | 90,825,928 | 85,215,137 | 74,480,573 |
Total assets | 117,854,938 | 99,928,286 | 94,491,704 | 84,314,980 |
Short term debt | 66,132,703 | 56,794,643 | 51,850,654 | 41,326,805 |
Long term debt | 23,185,248 | 26,076,597 | 27,466,294 | 28,456,520 |
Total liabilities | 89,317,951 | 82,871,240 | 79,316,947 | 69,783,325 |
Contributed capital | 6,529,728 | 6,529,728 | 6,529,728 | 6,529,728 |
Retained earnings | 22,007,259 | 10,527,318 | 8,645,028 | 8,001,928 |
Total equity | 28,536,987 | 17,057,046 | 15,174,756 | 14,531,655 |
Total equity and liabilities | 117,854,938 | 99,928,286 | 94,491,704 | 84,314,980 |
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
33
Activity
Repair and installation of machinery and equipment
33.1
Main industrial group
Repair of fabricated metal products, machinery and equipment
33.16
Industrial group
Repair and maintenance of aircraft and spacecraft
33.160
Industrial group
Repair and maintenance of aircraft and spacecraft