ODDA TECHNOLOGY AS • 917788243 • Odda • Manufacture of fabricated metal products, except machinery and equipment

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Industry and manufacturing

/ 25.620 Machining

ODDA TECHNOLOGY AS

Keywords

drillingturningmillingerodingplaningpolishingreamingstraighteningsawinggrindingsharpeningfine polishingweldingsplicing

Organization

CEO: IT
Ingvald Torblå1964
Chairman of the board: SH
Stein Hogstad1957
Years since formation: 9 years; since Sep 27, 2016
Type: Limited company
VAT registered: Yes
Number of employees: 66

Ownership

Number of shares and share classes: 7,446; 1 share class
Total number of shareholders: 15; 8 companies, 7 persons
Belongs to group of

Financials

Total operating income 2024: 138,224,681; NOK
Annual total result 2024: 6,455,178; NOK
Total equity 2024: 23,697,168; NOK

Last update: Jun 11, 2025

Management

Management / administration

Name	Role	Shares
IT Ingvald Torblå 1964	Managing Director/CEO	11.28 % indirectly

Board

Name	Role	Shares
SH Stein Hogstad 1957	Chairman	8.69 % indirectly
MR Marcio Rigueti De Alencar 1970	Board Member	-
RO Reidar O Aga 1958	Board Member	4.52 % indirectly

Others

Name	Role	Shares
A AAUDIT AS	Auditor	-
S SPAREBANK 1 SØR-NORGE FORRETNINGSPARTNER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
HL Helge Leonhardsen 1969	-	13.55 % directly
IT Ingvald Torblå 1964	Managing Director/CEO	11.28 % indirectly
TS Torun Sleire Torblå 1967	-	11.28 % indirectly
IA Inge Audun Westgarden 1960	-	10.63 % indirectly
SH Stein Hogstad 1957	Chairman	8.69 % indirectly
KT Kjersti Tove Hamre Aga 1951	-	4.52 % indirectly
RO Reidar O Aga 1958	Board Member	4.52 % indirectly
BA Bård-Are Aga 1988	-	4.52 % indirectly
SS Skare Svein 1961	-	2.69 % directly
SR Simone Rigueti De Alencar 1972	-	2.43 % indirectly

Last update: Nov 11, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
I IN2TO HOLDING AS	Ordinary shares	1,866	25.06 %
HL Helge Leonhardsen 1969	Ordinary shares	1,009	13.55 %
H HAMRE AGA INVEST AS	Ordinary shares	1,009	13.55 %
W WESTHOLDING AS	Ordinary shares	950	12.76 %
C CAMA VENTURE LTD NUF	Ordinary shares	647	8.69 %
S STELS AS	Ordinary shares	647	8.69 %
B BJØRKHAUG HOLDING AS	Ordinary shares	535	7.19 %
A ANTARES INVEST AS	Ordinary shares	258	3.46 %
SS Skare Svein 1961	Ordinary shares	200	2.69 %
IH Investments Holding Sl Midgard	Ordinary shares	155	2.08 %
O ODDA TECHNOLOGY AS	Ordinary shares	90	1.21 %
TW Terje Westerheim 1962	Ordinary shares	57	0.77 %
TF Trond Fjæra 1980	Ordinary shares	10	0.13 %
MS Magnhild Salvesen 1963	Ordinary shares	8	0.11 %
UB Ulf Bruaset Steine 1962	Ordinary shares	5	0.07 %

Shares owned by the ODDA TECHNOLOGY AS

Name	Share class	Total number of shares	Share
H HARDANGER HYDROGEN HUB AS	Ordinary shares	27	90 %
O ODDA TECHNOLOGY AS	Ordinary shares	90	1.21 %
I IMS KJEDEN AS	Ordinary shares	5	1 %

Last update: Jun 2, 2025

Group structure

ODDA TECHNOLOGY AS
Total operating income 2024: NOK 138,224,681
Operating profit 2024: NOK 13,865,052
Employees: 66

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	138,224,681	116,156,245	66,189,749	71,411,692
Annual Total Result	6,455,178	4,767,782	-4,577,959	2,506,904
Total assets	84,275,726	76,436,733	60,620,226	54,343,758
Total liabilities	60,578,558	59,194,743	50,646,017	40,491,591
Total equity	23,697,168	17,241,990	9,974,208	13,852,167

P&L

Year	2024	2023	2022	2021
Total operating income	138,224,681	116,156,245	66,189,749	71,411,692
Total operating costs	124,359,629	105,546,066	70,011,938	67,824,877
Operating result	13,865,052	10,610,179	-3,822,189	3,586,815
Financial income/costs	-5,580,899	-4,493,238	-2,037,872	-329,628
Profit before tax	8,284,153	6,116,941	-5,860,061	3,257,187
Total tax & extraordinary income/cost	1,828,975	1,349,159	-1,282,102	750,283
Annual Total Result	6,455,178	4,767,782	-4,577,959	2,506,904

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	48,329,967	43,113,978	37,921,126	22,379,294
Total current assets	35,945,759	33,322,755	22,699,100	31,964,464
Total assets	84,275,726	76,436,733	60,620,226	54,343,758
Short term debt	44,080,099	39,640,732	28,816,788	31,533,892
Long term debt	16,498,459	19,554,011	21,829,229	8,957,699
Total liabilities	60,578,558	59,194,743	50,646,017	40,491,591
Contributed capital	7,391,000	7,391,000	4,891,000	4,191,000
Retained earnings	16,306,168	9,850,990	5,083,208	9,661,167
Total equity	23,697,168	17,241,990	9,974,208	13,852,167
Total equity and liabilities	84,275,726	76,436,733	60,620,225	54,343,758

Classification

Category

Industry and manufacturing

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

25

Activity

Manufacture of fabricated metal products, except machinery and equipment

25.6

Main industrial group

Treatment and coating of metals; machining

25.62

Industrial group

Machining

25.620

Industrial group

Machining