AERO NORWAY AS
Operating
Aero Norway AS – Quality Engines
Aero Norway AS - Quality Engines
Reparasjon av flymotorer, og dertil hørende virksomhet.
Keywords
repairmaintenanceaircraftspacecraftaircraft engines
Organization
- CEO
- ND
Neil Dan Russell1976
- Chairman of the board
- AJ
Alan Jones1970
- Years since formation
- 14 years
- since May 30, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 233
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2025
- 367,819,224
- NOK
- Annual total result 2025
- 16,696,724
- NOK
- Total equity 2025
- 45,233,710
- NOK
Last update: Aug 5, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ND 1976 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
AJ 1970 | Chairman | - |
| Board Member | - | |
EG 1971 | Board Member | - |
ND 1976 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Jul 27, 2026
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 300 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 367,819,224 | 232,487,378 | 224,570,158 | 175,011,397 | 113,049,270 |
Annual Total Result | 16,696,724 | 11,479,941 | 1,882,290 | 643,101 | -2,816,616 |
Total assets | 121,856,721 | 117,854,938 | 99,928,286 | 94,491,704 | 84,314,980 |
Total liabilities | 76,623,011 | 89,317,951 | 82,871,240 | 79,316,947 | 69,783,325 |
Total equity | 45,233,710 | 28,536,987 | 17,057,046 | 15,174,756 | 14,531,655 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 367,819,224 | 232,487,378 | 224,570,158 | 175,011,397 | 113,049,270 |
Total operating costs | 344,349,485 | 216,197,984 | 219,142,879 | 172,519,223 | 116,210,465 |
Operating result | 23,469,740 | 16,289,394 | 5,427,279 | 2,492,173 | -3,161,194 |
Financial income/costs | -2,071,002 | -1,452,903 | -2,545,812 | -1,364,334 | -569,385 |
Profit before tax | 21,398,737 | 14,836,491 | 2,881,467 | 1,127,840 | -3,730,580 |
Total tax & extraordinary income/cost | 4,702,013 | 3,356,550 | 999,177 | 484,739 | -913,964 |
Annual Total Result | 16,696,724 | 11,479,941 | 1,882,290 | 643,101 | -2,816,616 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 10,796,334 | 6,945,050 | 9,102,358 | 9,276,566 | 9,834,407 |
Total current assets | 111,060,387 | 110,909,888 | 90,825,928 | 85,215,137 | 74,480,573 |
Total assets | 121,856,721 | 117,854,938 | 99,928,286 | 94,491,704 | 84,314,980 |
Short term debt | 63,755,349 | 66,132,703 | 56,794,643 | 51,850,654 | 41,326,805 |
Long term debt | 12,867,662 | 23,185,248 | 26,076,597 | 27,466,294 | 28,456,520 |
Total liabilities | 76,623,011 | 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 | 6,529,728 |
Retained earnings | 38,703,982 | 22,007,259 | 10,527,318 | 8,645,028 | 8,001,928 |
Total equity | 45,233,710 | 28,536,987 | 17,057,046 | 15,174,756 | 14,531,655 |
Total equity and liabilities | 121,856,721 | 117,854,938 | 99,928,286 | 94,491,704 | 84,314,980 |
Classification
21st company classification
BETA
Industrial large enterprise
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