EGERSUND NET AS • 976555708 • Egersund • Manufacture of textiles

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Industry and manufacturing

/ 13.940 Manufacture of cordage, rope, twine and rugs

EGERSUND NET AS

Keywords

productionsail netsropesropeworksnetsfishing netsship fendersbumperscargo slings

Organization

CEO: GM
Glenn Mo1984
Chairman of the board: KN
Knut Nesse1967
Years since formation: 29 years; since Jul 3, 1996
Type: Limited company
VAT registered: Yes
Number of employees: 179

Ownership

Number of shares and share classes: 500; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 796,946,138; NOK
Annual total result 2024: 114,943,559; NOK
Total equity 2024: 123,170,387; NOK

Last update: Jun 19, 2025

Management

Management / administration

Name	Role	Shares
GM Glenn Mo 1984	Managing Director/CEO	-

Board

Name	Role	Shares
KN Knut Nesse 1967	Chairman	-
RM Ronny Meinkøhn 1978	Board Member	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
FT Frode Teigen 1962	-	5.12 % indirectly
AT Adrian Teigen 1999	-	5.12 % indirectly
ET Elliott Teigen 2000	-	5.12 % indirectly
FT Felix Teigen 2002	-	5.12 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
A AKVA GROUP ASA	Ordinary shares	500	100 %

Shares owned by the EGERSUND NET AS

Name	Share class	Total number of shares	Share
E EGERSUND TRADING AS	Ordinary shares	500	100 %
N NOFI OPPDRETTSERVICE AS	Ordinary shares	500	50 %
B BLUE PLANET AS	Ordinary shares	4	10.26 %

Last update: Jun 2, 2025

Group structure

EGERSUND GROUP AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -4,213,000
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	796,946,138	722,796,134	684,122,057	609,142,682
Annual Total Result	114,943,559	73,761,711	97,094,368	62,726,698
Total assets	390,692,559	332,142,567	360,168,664	364,822,630
Total liabilities	267,522,171	196,025,983	177,138,785	146,618,450
Total equity	123,170,387	136,116,584	183,029,879	218,204,180

P&L

Year	2024	2023	2022	2021
Total operating income	796,946,138	722,796,134	684,122,057	609,142,682
Total operating costs	700,550,865	642,462,457	604,836,374	542,777,613
Operating result	96,395,273	80,333,677	79,285,683	66,365,069
Financial income/costs	39,692,960	12,004,250	35,310,286	11,291,695
Profit before tax	136,088,233	92,337,926	114,595,969	77,656,765
Total tax & extraordinary income/cost	21,144,674	18,576,215	17,501,601	14,930,067
Annual Total Result	114,943,559	73,761,711	97,094,368	62,726,698

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	124,269,678	124,227,219	116,959,831	117,090,971
Total current assets	266,422,881	207,915,348	243,208,833	247,731,659
Total assets	390,692,559	332,142,567	360,168,664	364,822,630
Short term debt	266,307,081	193,551,993	170,845,149	136,339,095
Long term debt	1,215,090	2,473,990	6,293,636	10,279,355
Total liabilities	267,522,171	196,025,983	177,138,785	146,618,450
Contributed capital	30,009,494	30,009,494	30,009,494	30,009,494
Retained earnings	93,160,893	106,107,090	153,020,385	188,194,686
Total equity	123,170,387	136,116,584	183,029,879	218,204,180
Total equity and liabilities	390,692,559	332,142,567	360,168,664	364,822,630

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

13

Activity

Manufacture of textiles

13.9

Main industrial group

Manufacture of other textiles

13.94

Industrial group

Manufacture of cordage, rope, twine and rugs

13.940

Industrial group

Manufacture of cordage, rope, twine and rugs