Organization
- CEO
- RA
- Chairman of the board
- BK
- Years since formation
- 25 years
- since Feb 19, 1999
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 667
Ownership
- Number of shares and share classes
- 544,470
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2023
- 6,876,588,000
- NOK
- Annual total result 2023
- 52,377,000
- NOK
- Total equity 2023
- 5,768,057,000
- NOK
Last update: Oct 14, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
RA | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
BK | Chairman | - |
PS | Board Member | - |
JA 1985 | Board Member | - |
| Board Member | - | |
PA | Board Member | - |
JT | Alternate Member | - |
JO 1965 | Observer | - |
FE 1975 | Board Member | - |
SR | Board Member | - |
| Board Member | - | |
ML 1985 | Board Member | - |
MS | Board Member | - |
TO | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jun 24, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 544,470 | 100 % |
Shares owned by the ERAMET NORWAY AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 618 | 66.67 % | |
| Ordinary shares | 200 | 14.29 % | |
| A-shares | 100 | 10.92 % | |
| Ordinary shares | 141 | 7.69 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 6,876,588,000Operating profit 2023: NOK 393,128,000Employees: 667
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 6,876,588,000 | 7,249,283 | 6,659,386 |
Annual Total Result | 52,377,000 | 631,410 | 1,145,685 |
Total assets | 7,075,388,000 | 7,866,625 | 6,780,178 |
Total liabilities | 1,307,331,000 | 2,126,444 | 1,643,569 |
Total equity | 5,768,057,000 | 5,740,181 | 5,136,609 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 6,876,588,000 | 7,249,283 | 6,659,386 |
Total operating costs | 6,483,460,000 | 6,803,459 | 5,415,036 |
Operating result | 393,128,000 | 445,824 | 1,244,350 |
Financial income/costs | -329,362,000 | 363,512 | 223,664 |
Profit before tax | 63,766,000 | 809,336 | 1,468,014 |
Total tax & extraordinary income/cost | 11,389,000 | 177,926 | 322,329 |
Annual Total Result | 52,377,000 | 631,410 | 1,145,685 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 3,345,742,000 | 3,191,467 | 3,124,081 |
Total current assets | 3,729,646,000 | 4,675,158 | 3,656,097 |
Total assets | 7,075,388,000 | 7,866,625 | 6,780,178 |
Short term debt | 977,614,000 | 1,790,829 | 1,297,000 |
Long term debt | 329,717,000 | 335,615 | 346,569 |
Total liabilities | 1,307,331,000 | 2,126,444 | 1,643,569 |
Contributed capital | 3,048,150,000 | 2,987,500 | 2,918,339 |
Retained earnings | 2,719,907,000 | 2,752,681 | 2,218,270 |
Total equity | 5,768,057,000 | 5,740,181 | 5,136,609 |
Total equity and liabilities | 7,075,388,000 | 7,866,625 | 6,780,178 |
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
24
Activity
Manufacture of basic metals
24.1
Main industrial group
Manufacture of basic iron and steel and of ferro-alloys
24.10
Industrial group
Manufacture of basic iron and steel and of ferro-alloys
24.102
Industrial group
Manufacture of ferro-alloys