NORSK TITANIUM AS

Operating

Utvikle teknologi for produksjon av titan og andre metaller, samt øvrig virksomhet som står i forbindelse hermed.

Selskapets virksomhet er å utvikle teknologi for produksjon av titan og produksjon av titan, samt øvrig virksomhet som står i forbindelse hermed.

Keywords

productionhousehold itemsplace settingsplatescover platespotspansbowlsdishessaucepansfrying pansscrubbersguttersbathtubskitchen sinkswash basinssafesboxesarmored doorsship propellerspropellersanchorsclocksassembled railway equipmenthaspsbuckleshooksmetal laddersmetal signsroad signsfoil bagsmetal magnetsthermos jugsbottlesmetal badgesmilitary distinctionshair rollersumbrella handlescombs

Organization

Chairman of the board: JA
John Andersen1967
Years since formation: 19 years; since Jul 20, 2007
Type: Limited company
VAT registered: Yes
Number of employees: 56

Ownership

Number of shares and share classes: 802,134,365; 1 share class
Total number of shareholders: 3411; 470 companies, 2,941 persons
Belongs to group of

Financials

Total operating income 2024: 44,886,000; NOK
Annual total result 2024: 308,143,000; NOK
Total equity 2024: 1,229,281,000; NOK

Last update: Mar 13, 2026

Locations

Company address
Karenslyst Allé 9C 0278 OSLO, Norge
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Management

Board

Name	Role	Shares
MK Mimi Kristine Berdal 1959	Board Member	-
SA Shan-E-Abbas Ashary 1950	Board Member	-
TS Tarek Sherif Ahmed Abbas Hegazy 1980	Board Member	-
NC Nicole Clement 1969	Board Member	-
BW Bettina Weber 1965	Board Member	-
JA John Andersen 1967	Chairman	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
TB Tone Bjørseth-Andersen 1969	-	12.11 % indirectly
AK Anette Kristine Blystad 1990	-	1.75 % indirectly
CB Celina Bjørseth-Andersen 1999	-	1.71 % indirectly
MB Marcus Bjørseth-Andersen 2003	-	1.71 % indirectly
BB Bjørseth-Andersen Benedicte 2006	-	1.71 % indirectly
OK Odd Knut Birkeland 1951	-	1.62 % indirectly
TU Tord Ueland Kolstad 1971	-	1.07 % indirectly

Last update: Jun 27, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
CB Clearstream Banking S.a.	NO0010969108	172,098,814	21.46 %
S SCATEC INNOVATION AS	NO0010969108	133,320,621	16.62 %
CS Citibank Switzerland Ag	NO0010969108	63,497,893	7.92 %
TC Titanium Cayman Limited Norsk	NO0010969108	33,869,070	4.22 %
GS Goldman Sachs & Co. Llc	NO0010969108	31,855,360	3.97 %
M MP PENSJON PK	NO0010969108	24,218,167	3.02 %
N NORDNET LIVSFORSIKRING AS	NO0010969108	21,247,805	2.65 %
S SONGA CAPITAL AS	NO0010969108	17,827,880	2.22 %
F FERD AS	NO0010969108	15,583,189	1.94 %
A AVKAST INVEST AS	NO0010969108	13,002,921	1.62 %
T TOLUMA NORDEN AS	NO0010969108	8,345,556	1.04 %
K KARSTEN ELLINGSEN AS	NO0010969108	8,100,000	1.01 %
T TRAPESA AS	NO0010969108	5,829,818	0.73 %
F FENDER EIENDOM AS	NO0010969108	5,629,118	0.7 %
N NTI HOLDING AS	NO0010969108	5,468,451	0.68 %
V VIKING NORD AS	NO0010969108	4,601,000	0.57 %
R ROSMA AS	NO0010969108	4,552,047	0.57 %
BA Bank Asa Dnb	NO0010969108	4,313,454	0.54 %
M METAL MONKEY AS	NO0010969108	4,084,724	0.51 %
JH Jan Heggelund 1959	NO0010969108	4,032,882	0.5 %
T T KOLSTAD EIENDOM AS	NO0010969108	4,000,000	0.5 %
M MOSTUN INVEST AS Closed	NO0010969108	4,000,000	0.5 %
B BLUE RIVER INVEST AS	NO0010969108	3,908,386	0.49 %
BA Bank As Saxo	NO0010969108	3,854,300	0.48 %
S SISA INVEST AS	NO0010969108	3,719,294	0.46 %
V VALLELØKKEN AS	NO0010969108	3,710,666	0.46 %
H HAADEM INVEST AS	NO0010969108	3,500,000	0.44 %
C CIEL AS	NO0010969108	3,400,000	0.42 %
S SAUAR INVEST AS	NO0010969108	3,391,036	0.42 %
S STRØMSTANGEN AS	NO0010969108	3,036,487	0.38 %
UE Ulf Eugen Jonassen 1951	NO0010969108	3,004,100	0.37 %
EH Even Halvor Flesvig 1949	NO0010969108	2,850,000	0.36 %
BA Bank Ab Nordnet	NO0010969108	2,804,040	0.35 %
BA Bank As Danske	NO0010969108	2,779,708	0.35 %
P PBK HOLDING AS	NO0010969108	2,161,452	0.27 %
T TRAJAN AS	NO0010969108	2,001,695	0.25 %
BP Bank Pictet Cie Europe Ag	NO0010969108	1,998,961	0.25 %
SS Sanpaolo Spa Intesa	NO0010969108	1,956,452	0.24 %
N NEW HAVEN AS	NO0010969108	1,900,000	0.24 %
K KLK INVESTMENT AS	NO0010969108	1,897,910	0.24 %
D DIESELGÅRDEN AS	NO0010969108	1,664,610	0.21 %
T TURBO DIESEL AS	NO0010969108	1,597,016	0.2 %
NC Na Citibank	NO0010969108	1,538,100	0.19 %
L LAVE AS	NO0010969108	1,527,771	0.19 %
C CARUN HOLDING AS	NO0010969108	1,525,365	0.19 %
J JENS GLADHEIM AS	NO0010969108	1,500,000	0.19 %
Q Q CAPITAL AS	NO0010969108	1,500,000	0.19 %
R RISTORA AS	NO0010969108	1,470,855	0.18 %
BV Brede Vigdal 1970	NO0010969108	1,459,261	0.18 %
D DK CAPITAL AS	NO0010969108	1,426,938	0.18 %
T TUNHOP AS	NO0010969108	1,380,000	0.17 %
CC Christian Carlson 1982	NO0010969108	1,373,650	0.17 %
M MINDE HOLDING AS	NO0010969108	1,363,235	0.17 %
NC Na Citibank	NO0010969108	1,344,988	0.17 %
HB Herman Botvid Ohlsson 1976	NO0010969108	1,325,046	0.17 %
R ROSENFONN INVEST AS	NO0010969108	1,305,801	0.16 %
S SOGNEFJELL AS	NO0010969108	1,299,999	0.16 %
J JOTUNFJELL AS	NO0010969108	1,299,998	0.16 %
BA Bank Abp Nordea	NO0010969108	1,228,260	0.15 %
B Byggservice Møre AS	NO0010969108	1,210,808	0.15 %
A AS Taif	NO0010969108	1,200,000	0.15 %
JH John Heitmann 1952	NO0010969108	1,100,000	0.14 %
S STALL GULLIK AS	NO0010969108	1,100,000	0.14 %
S SIVCO HOLDING AS	NO0010969108	1,095,000	0.14 %
L LOTSO AS	NO0010969108	1,077,726	0.13 %
T TONITO AS	NO0010969108	1,059,117	0.13 %
SA Switzerland Ag Ubs	NO0010969108	1,027,514	0.13 %
LY Lars-Erik Ydstie 1964	NO0010969108	1,005,000	0.13 %
LH Lars Hognestad 1968	NO0010969108	1,000,000	0.12 %
J JARAS INVEST AS	NO0010969108	1,000,000	0.12 %
G GRANHAUG INDUSTRIER AS	NO0010969108	1,000,000	0.12 %
F FEARNLEY INVEST AS	NO0010969108	1,000,000	0.12 %
I ISAR AS	NO0010969108	1,000,000	0.12 %
S SONGA BULK CHARTERING AS	NO0010969108	1,000,000	0.12 %
H HK NESTTUN HOLDING AS	NO0010969108	965,000	0.12 %
H HAAGRO INVEST AS	NO0010969108	918,426	0.11 %
C CRYPTIC AS	NO0010969108	915,954	0.11 %
G GJESTØY AS	NO0010969108	912,261	0.11 %
V VILLVIND AS	NO0010969108	900,000	0.11 %
O OKB AS	NO0010969108	876,485	0.11 %
MS Magne Simon Svandal 1972	NO0010969108	850,000	0.11 %
CH Christopher Haakon Strutz 1975	NO0010969108	850,000	0.11 %
A AGMABLY AS	NO0010969108	832,696	0.1 %
J JJB AS	NO0010969108	832,696	0.1 %
A AKB AS	NO0010969108	832,696	0.1 %
S SANDSOLO HOLDING AS	NO0010969108	810,000	0.1 %
AD Aleksander Dekke Løberg 1985	NO0010969108	733,000	0.09 %
BB Bjarte Bruland 1984	NO0010969108	712,500	0.09 %
CJ Cato Johan Stangnes 1984	NO0010969108	700,000	0.09 %
MN Maiken Nilsen 1979	NO0010969108	689,500	0.09 %
EB Enskilda Banken Ab Skandinaviska	NO0010969108	689,052	0.09 %
T TRYGGEN INVEST AS	NO0010969108	680,644	0.08 %
F FOSNA FORVALTNING AS	NO0010969108	650,000	0.08 %
S STORLI AS	NO0010969108	632,634	0.08 %
J JILT INVEST AS	NO0010969108	616,495	0.08 %
R RUGSLAND BYGGTJENESTER AS	NO0010969108	604,892	0.08 %
IS Ic Sicav Plc Aquaeductus	NO0010969108	600,000	0.07 %
KL Karl Lødrup Kvalheim 1951	NO0010969108	600,000	0.07 %
F F2 FUNDS AS	NO0010969108	589,929	0.07 %
S SONGA X AS	NO0010969108	588,404	0.07 %

Shares owned by the NORSK TITANIUM AS

Name	Share class	Total number of shares	Share
N NTI MH AS	Ordinary shares	30,000	100 %
N NORSK TITANIUM EQUIPMENT AS	Ordinary shares	30,000	100 %
N NORSK TITANIUM AS	NO0010969108	400	< 0.01 %

Last update: Jun 2, 2025

Group structure

NORSK TITANIUM AS
Total operating income 2024: NOK 44,886,000
Operating profit 2024: NOK -126,916,000
Employees: 56

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	44,886,000	28,290,000	31,990,000	30,347,000
Annual Total Result	308,143,000	-521,717,000	-571,256,000	26,704,000
Total assets	1,282,440,000	405,592,000	759,377,000	1,256,281,000
Total liabilities	53,159,000	124,327,000	44,353,000	44,096,000
Total equity	1,229,281,000	281,265,000	715,024,000	1,212,185,000

P&L

Year	2024	2023	2022	2021
Total operating income	44,886,000	28,290,000	31,990,000	30,347,000
Total operating costs	171,802,000	155,934,000	134,604,000	120,891,000
Operating result	-126,916,000	-127,644,000	-102,614,000	-90,544,000
Financial income/costs	435,059,000	-394,073,000	-468,642,000	117,248,000
Profit before tax	308,143,000	-521,717,000	-571,256,000	26,704,000
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	308,143,000	-521,717,000	-571,256,000	26,704,000

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	996,444,000	355,360,000	646,778,000	1,038,767,000
Total current assets	285,996,000	50,232,000	112,599,000	217,514,000
Total assets	1,282,440,000	405,592,000	759,377,000	1,256,281,000
Short term debt	52,371,000	123,069,000	35,373,000	35,046,000
Long term debt	788,000	1,258,000	8,980,000	9,050,000
Total liabilities	53,159,000	124,327,000	44,353,000	44,096,000
Contributed capital	1,229,281,000	281,265,000	715,024,000	1,176,725,000
Retained earnings	0	0	0	35,460,000
Total equity	1,229,281,000	281,265,000	715,024,000	1,212,185,000
Total equity and liabilities	1,282,440,000	405,592,000	759,377,000	1,256,281,000

Classification

21st company classification

BETA

Industrial large enterprise

NORSK TITANIUM AS991 457 429