MUNDALGRUPPEN AS • 864284582 • Sæbøvågen • Manufacture of other transport equipment

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Industry and manufacturing

/ Ships and boats

/ 30.111 Building of ships and hulls more than 100 g.r.tons

MUNDALGRUPPEN AS

Keywords

buildinglargeshipsboard

Links

Organization

CEO: AL
Atle Landro1955
Chairman of the board: NL
Nils Landro1953
Years since formation: 30 years; since Feb 19, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 2; persons
Belongs to group of

Financials

Total operating income 2024: 1,500,000; NOK
Annual total result 2024: 47,944,910; NOK
Total equity 2024: 48,437,837; NOK

Last update: Jun 18, 2025

Management

Management / administration

Name	Role	Shares
AL Atle Landro 1955	Managing Director/CEO	50 % directly

Board

Name	Role	Shares
NL Nils Landro 1953	Chairman	50 % directly
AL Atle Landro 1955	Board Member	50 % directly
AE Astrid Elisabeth Landro 1957	Alternate Member	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-
H HAGEL AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
AL Atle Landro 1955	Managing Director/CEO, Board Member	50 % directly
NL Nils Landro 1953	Chairman	50 % directly

Last update: Jan 13, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
AL Atle Landro 1955	Ordinary shares	50	50 %
NL Nils Landro 1953	Ordinary shares	50	50 %

Shares owned by the MUNDALGRUPPEN AS

Name	Share class	Total number of shares	Share
N NYE MG AS	Ordinary shares	10,000	100 %
N NYE MG 2 AS	Ordinary shares	10,000	100 %
M MUNDAL BÅT AS	Ordinary shares	400	100 %
M MUNDAL SUBSEA EIENDOM AS	Ordinary shares	150	100 %
S SUBSEA INSULATION AS	Ordinary shares	10,000	66 %

Last update: Jun 2, 2025

Group structure

MUNDALGRUPPEN AS
Total operating income 2024: NOK 1,500,000
Operating profit 2024: NOK 603,630
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	1,500,000	1,500,000	1,500,000	1,500,000
Annual Total Result	47,944,910	2,456,989	603,168	668,595
Total assets	69,583,300	15,206,904	12,699,159	12,305,201
Total liabilities	21,145,464	5,897,034	5,846,278	5,930,687
Total equity	48,437,837	9,309,871	6,852,881	6,374,514

P&L

Year	2024	2023	2022	2021
Total operating income	1,500,000	1,500,000	1,500,000	1,500,000
Total operating costs	896,370	668,006	636,654	567,054
Operating result	603,630	831,994	863,346	932,946
Financial income/costs	47,515,583	1,807,056	-69,051	-58,280
Profit before tax	48,119,214	2,639,050	794,296	874,666
Total tax & extraordinary income/cost	174,304	182,061	191,128	206,071
Annual Total Result	47,944,910	2,456,989	603,168	668,595

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	8,578,488	8,940,300	8,813,700	9,148,300
Total current assets	61,004,812	6,266,604	3,885,459	3,156,901
Total assets	69,583,300	15,206,904	12,699,159	12,305,201
Short term debt	10,122,071	4,505,535	4,059,674	3,749,722
Long term debt	11,023,392	1,391,498	1,786,604	2,180,966
Total liabilities	21,145,464	5,897,034	5,846,278	5,930,687
Contributed capital	100,000	100,000	100,000	100,000
Retained earnings	48,337,837	9,209,871	6,752,881	6,274,514
Total equity	48,437,837	9,309,871	6,852,881	6,374,514
Total equity and liabilities	69,583,301	15,206,904	12,699,159	12,305,201

Classification

Category

Industry and manufacturing

/ Ships and boats

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

30

Activity

Manufacture of other transport equipment

30.1

Main industrial group

Building of ships and boats

30.11

Industrial group

Building of ships and floating structures

30.111

Industrial group

Building of ships and hulls more than 100 g.r.tons