MAGNETEN JERN & FARVE AS
Organization
- CEO
- SE
- Chairman of the board
- ES
Erik Snekvik1965
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 5
Ownership
- Number of shares and share classes
- 1,600
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
Financials
- Total operating income 2024
- 9,519,893
- NOK
- Annual total result 2024
- -340,319
- NOK
- Total equity 2024
- 905,063
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SE | Managing Director/CEO | 75 % directly |
Board
| Name | Role | Shares |
|---|---|---|
ES 1965 | Chairman | 25 % indirectly |
SE | Board Member | 75 % directly |
| Board Member | - | |
OM 1971 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
SE | Managing Director/CEO, Board Member | 75 % directly |
ES 1965 | Chairman | 25 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
SE | Ordinary shares | 1,200 | 75 % |
| Ordinary shares | 400 | 25 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 9,519,893 | 10,070,859 | 10,336,314 | 11,223,987 |
Annual Total Result | -340,319 | -395,517 | 214,219 | 1,113,225 |
Total assets | 3,354,823 | 3,782,018 | 4,358,301 | 3,896,293 |
Total liabilities | 2,449,761 | 2,536,636 | 2,717,403 | 2,469,613 |
Total equity | 905,063 | 1,245,382 | 1,640,899 | 1,426,680 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 9,519,893 | 10,070,859 | 10,336,314 | 11,223,987 |
Total operating costs | 9,800,394 | 10,469,700 | 9,970,206 | 10,385,784 |
Operating result | -280,501 | -398,841 | 366,109 | 838,203 |
Financial income/costs | -143,892 | -108,232 | -91,469 | -81,135 |
Profit before tax | -424,393 | -507,073 | 274,640 | 757,067 |
Total tax & extraordinary income/cost | -84,074 | -111,556 | 60,421 | -356,158 |
Annual Total Result | -340,319 | -395,517 | 214,219 | 1,113,225 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 804,120 | 1,037,757 | 586,302 | 655,223 |
Total current assets | 2,550,703 | 2,744,261 | 3,772,000 | 3,241,070 |
Total assets | 3,354,823 | 3,782,018 | 4,358,301 | 3,896,293 |
Short term debt | 2,049,761 | 2,136,636 | 2,317,403 | 1,594,409 |
Long term debt | 400,000 | 400,000 | 400,000 | 0 |
Total liabilities | 2,449,761 | 2,536,636 | 2,717,403 | 2,469,613 |
Contributed capital | 1,600,000 | 2,210,000 | 1,600,000 | 1,600,000 |
Retained earnings | -694,937 | -964,618 | 40,899 | -173,320 |
Total equity | 905,063 | 1,245,382 | 1,640,899 | 1,426,680 |
Total equity and liabilities | 3,354,824 | 3,782,018 | 4,358,302 | 3,896,293 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises