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: 53

Ownership

Number of shares and share classes: 1,027,449,926; 1 share class
Total number of shareholders: 3250; 398 companies, 2,852 persons
Belongs to group of

Financials

Total operating income 2025: 10,771,000; NOK
Annual total result 2025: -213,293,000; NOK
Total equity 2025: 1,234,219,000; NOK

Last update: Aug 10, 2026

Management

Board

Name	Role	Shares
JA John Andersen 1967	Chairman	-
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	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
TB Tone Bjørseth-Andersen 1969	-	11.35 % indirectly
RF Richard Felix Heinrich 1983	-	3.33 % directly 0.77 % indirectly 2.56 %
CB Celina Bjørseth-Andersen 1999	-	1.61 % indirectly
MB Marcus Bjørseth-Andersen 2003	-	1.61 % indirectly
BB Benedicte Bjørseth-Andersen 2006	-	1.61 % indirectly

Last update: Jun 27, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
S SCATEC INNOVATION AS	Ordinary shares	163,731,566	15.94 %
N NORDNET LIVSFORSIKRING AS	Ordinary shares	40,048,902	3.9 %
M MP PENSJON PK	Ordinary shares	28,816,913	2.8 %
O OLILI AS	Ordinary shares	26,325,000	2.56 %
F FERD AS	Ordinary shares	19,138,638	1.86 %
RF Richard Felix Heinrich 1983	Ordinary shares	7,900,000	0.77 %
JH Jan Heggelund 1959	Ordinary shares	6,402,177	0.62 %
B BLUE RIVER INVEST AS	Ordinary shares	4,799,904	0.47 %
W WLE AS	Ordinary shares	4,750,000	0.46 %
M MUSDALSSÆTRA INVEST AS	Ordinary shares	4,000,000	0.39 %
C CIEL AS	Ordinary shares	3,800,000	0.37 %
S SAUAR INVEST AS	Ordinary shares	3,738,772	0.36 %
H HAADEM INVEST AS	Ordinary shares	3,700,000	0.36 %
K KARSTEN ELLINGSEN AS	Ordinary shares	3,631,680	0.35 %
Ø ØYHATT AS	Ordinary shares	3,500,000	0.34 %
S STRØMSTANGEN AS	Ordinary shares	3,036,487	0.3 %
J JARAS INVEST AS	Ordinary shares	3,000,000	0.29 %
K KLK INVESTMENT AS	Ordinary shares	3,000,000	0.29 %
KS Kim Skailand 1988	Ordinary shares	2,922,896	0.28 %
N NTI HOLDING AS	Ordinary shares	2,898,251	0.28 %
R RISTORA AS	Ordinary shares	2,842,813	0.28 %
EH Even Halvor Flesvig 1949	Ordinary shares	2,404,000	0.23 %
J JENS GLADHEIM AS	Ordinary shares	2,400,000	0.23 %
R RAKKARBERGET AS	Ordinary shares	2,343,000	0.23 %
D DIESELGÅRDEN AS	Ordinary shares	2,044,314	0.2 %
A AS Taif	Ordinary shares	2,000,000	0.19 %
S SBAKKEJORD AS	Ordinary shares	2,000,000	0.19 %
T TURBO DIESEL AS	Ordinary shares	1,961,301	0.19 %
P PBK HOLDING AS	Ordinary shares	1,890,876	0.18 %
H HK NESTTUN HOLDING AS	Ordinary shares	1,800,000	0.18 %
JH John Heitmann 1952	Ordinary shares	1,788,366	0.17 %
B Byggservice Møre AS	Ordinary shares	1,736,270	0.17 %
HH Hans Hansen 1972	Ordinary shares	1,700,000	0.17 %
T TONITO AS	Ordinary shares	1,700,000	0.17 %
HB Herman Botvid Ohlsson 1976	Ordinary shares	1,620,588	0.16 %
J JOTUNFJELL AS	Ordinary shares	1,596,533	0.16 %
T TUNHOP AS	Ordinary shares	1,540,000	0.15 %
S STALL GULLIK AS	Ordinary shares	1,500,000	0.15 %
CC Christian Carlson 1982	Ordinary shares	1,476,832	0.14 %
L LAVE AS	Ordinary shares	1,457,473	0.14 %
JA Joachim Alexander Worum 1989	Ordinary shares	1,450,000	0.14 %
R RUTEN AS	Ordinary shares	1,396,826	0.14 %
M METAL MONKEY AS	Ordinary shares	1,335,387	0.13 %
YT Yngvar Tov Herbjørnssønn 1981	Ordinary shares	1,300,000	0.13 %
S SOGNEFJELL AS	Ordinary shares	1,299,999	0.13 %
G GRANHAUG INDUSTRIER AS	Ordinary shares	1,228,104	0.12 %
S SEH INVEST AS	Ordinary shares	1,199,000	0.12 %
C CARUN HOLDING AS	Ordinary shares	1,190,348	0.12 %
HL Hans-Herman Leganger 1980	Ordinary shares	1,108,074	0.11 %
G GEKKO AS	Ordinary shares	1,096,825	0.11 %
R RUGSLAND BYGGTJENESTER AS	Ordinary shares	1,075,292	0.1 %
J JP NO LIMIT AS	Ordinary shares	1,068,200	0.1 %
AD Aleksander Dekke Løberg 1985	Ordinary shares	1,028,000	0.1 %
GH Geir Helgemo 1970	Ordinary shares	1,000,000	0.1 %
CJ Cato Johan Stangnes 1984	Ordinary shares	1,000,000	0.1 %
F FEARNLEY INVEST AS	Ordinary shares	1,000,000	0.1 %
ET Erik Torvaldsen 1952	Ordinary shares	1,000,000	0.1 %
L LOTSO AS	Ordinary shares	1,000,000	0.1 %
TE Tor Egil Hansen 1964	Ordinary shares	1,000,000	0.1 %
V VILLVIND AS	Ordinary shares	900,000	0.09 %
P PPGAI AS	Ordinary shares	900,000	0.09 %
F FREDRIKSTAD BILSERVICE AS	Ordinary shares	872,845	0.08 %
IB Inge Bøen 1953	Ordinary shares	864,288	0.08 %
MN Maiken Nilsen 1979	Ordinary shares	863,796	0.08 %
C CRYPTIC AS	Ordinary shares	850,087	0.08 %
V VASDALEN INVEST AS	Ordinary shares	843,469	0.08 %
S SANDSOLO HOLDING AS	Ordinary shares	800,000	0.08 %
O O THORRUD AS	Ordinary shares	783,752	0.08 %
T TELINET INVEST AS	Ordinary shares	771,392	0.08 %
V VH EIENDOM OG INVEST AS	Ordinary shares	760,000	0.07 %
TS Tahsin Salimi 1971	Ordinary shares	750,000	0.07 %
ND Niels Dalbøge Heldre 1975	Ordinary shares	750,000	0.07 %
H HANCON AS	Ordinary shares	745,278	0.07 %
R RIVERTOWN TRADING AS	Ordinary shares	700,000	0.07 %
JB Jørgen Bøhn 1971	Ordinary shares	700,000	0.07 %
TO Tord Olav Fanneløp 1958	Ordinary shares	700,000	0.07 %
KL Karl Lødrup Kvalheim 1951	Ordinary shares	700,000	0.07 %
G GJESTØY AS	Ordinary shares	698,152	0.07 %
J JILT INVEST AS	Ordinary shares	696,067	0.07 %
ØB Øyvind Bruntveit 1969	Ordinary shares	692,500	0.07 %
O OKB AS	Ordinary shares	691,049	0.07 %
O OPPENHEIM AS	Ordinary shares	679,221	0.07 %
RH Rune Hetland 1976	Ordinary shares	670,000	0.07 %
AG Aksel Guderud Stien 1992	Ordinary shares	665,476	0.06 %
F FOSNA FORVALTNING AS	Ordinary shares	650,000	0.06 %
VH Vegar Holte 1970	Ordinary shares	640,000	0.06 %
T TIGERSTATE CAPITAL AS	Ordinary shares	615,344	0.06 %
B BAROKK INVEST AS	Ordinary shares	600,000	0.06 %
S SONGA BULK CHARTERING AS	Ordinary shares	594,415	0.06 %
Ø ØRNES AS	Ordinary shares	580,000	0.06 %
D DORSIA HOLDING AS	Ordinary shares	558,656	0.05 %
HR Harald Rugsland 1974	Ordinary shares	551,063	0.05 %
S SOCIUS INVEST AS	Ordinary shares	550,000	0.05 %
CL Christian Leegaard 1965	Ordinary shares	549,223	0.05 %
BO Bernt Olav Røttingsnes 1970	Ordinary shares	545,784	0.05 %
M MALO INVEST AS	Ordinary shares	545,495	0.05 %
M M-LAGER INVEST AS	Ordinary shares	541,503	0.05 %
S SPORTSMAGASINET AS	Ordinary shares	540,366	0.05 %
H HFB INVEST AS	Ordinary shares	530,316	0.05 %
KH Kristoffer Haavind 1979	Ordinary shares	500,000	0.05 %

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	Ordinary shares	400	< 0.01 %

Last update: Sep 25, 2026

Group structure

NORSK TITANIUM AS
Total operating income 2025: NOK 10,771,000
Operating profit 2025: NOK -136,047,000
Employees: 53

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	10,771,000	44,886,000	28,290,000	31,990,000	30,347,000
Annual Total Result	-213,293,000	308,143,000	-521,717,000	-571,256,000	26,704,000
Total assets	1,323,316,000	1,282,440,000	405,592,000	759,377,000	1,256,281,000
Total liabilities	89,097,000	53,159,000	124,327,000	44,353,000	44,096,000
Total equity	1,234,219,000	1,229,281,000	281,265,000	715,024,000	1,212,185,000

P&L

Year	2025	2024	2023	2022	2021
Total operating income	10,771,000	44,886,000	28,290,000	31,990,000	30,347,000
Total operating costs	146,818,000	171,802,000	155,934,000	134,604,000	120,891,000
Operating result	-136,047,000	-126,916,000	-127,644,000	-102,614,000	-90,544,000
Financial income/costs	-77,246,000	435,059,000	-394,073,000	-468,642,000	117,248,000
Profit before tax	-213,293,000	308,143,000	-521,717,000	-571,256,000	26,704,000
Total tax & extraordinary income/cost	0	0	0	0	0
Annual Total Result	-213,293,000	308,143,000	-521,717,000	-571,256,000	26,704,000

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	1,090,151,000	996,444,000	355,360,000	646,778,000	1,038,767,000
Total current assets	233,165,000	285,996,000	50,232,000	112,599,000	217,514,000
Total assets	1,323,316,000	1,282,440,000	405,592,000	759,377,000	1,256,281,000
Short term debt	37,902,000	52,371,000	123,069,000	35,373,000	35,046,000
Long term debt	51,195,000	788,000	1,258,000	8,980,000	9,050,000
Total liabilities	89,097,000	53,159,000	124,327,000	44,353,000	44,096,000
Contributed capital	1,234,219,000	1,229,281,000	281,265,000	715,024,000	1,176,725,000
Retained earnings	0	0	0	0	35,460,000
Total equity	1,234,219,000	1,229,281,000	281,265,000	715,024,000	1,212,185,000
Total equity and liabilities	1,323,316,000	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