NORWATER AS
Home - Norwater
Keywords
manufacturingdrying machineswoodpulppaper and cardboardprinting machinesbookbinding machinesroof tilesbricksceramic masspipesgraphite electrodesblackboard chalksemiconductorsuniversal industrial robotsspecial machinesisotope separationtire tracking equipmentbalancing equipmentsolariumsbowling alleyscarouselsswingsshooting ranges
Organization
- CEO
- PE
- Chairman of the board
- RE
Rune Eide1970
- Years since formation
- 30 years
- since Aug 7, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 36
Ownership
- Number of shares and share classes
- 7,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 306,266,749
- NOK
- Annual total result 2024
- 43,700,346
- NOK
- Total equity 2024
- 50,882,081
- NOK
Last update: Jul 3, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
PE | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
RE 1970 | Chairman | 42.14 % indirectly |
JM | Board Member | 34.28 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
RE 1970 | Chairman | 42.14 % indirectly |
JM | Board Member | 34.28 % indirectly |
EM | - | 7.86 % indirectly |
AE 1939 | - | 7.86 % indirectly |
AM | - | 7.86 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 7,000 | 100 % |
Shares owned by the NORWATER AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 50 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 555,537Operating profit 2023: NOK -3,699,625Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 306,266,749 | 151,443,401 | 133,079,737 | 148,088,877 |
Annual Total Result | 43,700,346 | 17,130,879 | 12,468,590 | 12,769,125 |
Total assets | 167,184,539 | 142,709,148 | 92,634,536 | 102,198,938 |
Total liabilities | 116,302,459 | 120,682,018 | 66,618,333 | 83,505,196 |
Total equity | 50,882,081 | 22,027,130 | 26,016,203 | 18,693,742 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 306,266,749 | 151,443,401 | 133,079,737 | 148,088,877 |
Total operating costs | 252,050,489 | 129,711,647 | 116,740,082 | 132,671,477 |
Operating result | 54,216,260 | 21,731,754 | 16,339,655 | 15,417,401 |
Financial income/costs | 1,769,551 | 250,764 | -345,824 | 971,898 |
Profit before tax | 55,985,811 | 21,982,518 | 15,993,832 | 16,389,299 |
Total tax & extraordinary income/cost | 12,285,465 | 4,851,639 | 3,525,242 | 3,620,174 |
Annual Total Result | 43,700,346 | 17,130,879 | 12,468,590 | 12,769,125 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 8,121,534 | 2,027,460 | 2,233,499 | 2,117,211 |
Total current assets | 159,063,005 | 140,681,688 | 90,401,037 | 100,081,727 |
Total assets | 167,184,539 | 142,709,148 | 92,634,536 | 102,198,938 |
Short term debt | 116,302,459 | 120,230,328 | 65,061,372 | 82,611,748 |
Long term debt | 0 | 451,690 | 1,556,961 | 893,448 |
Total liabilities | 116,302,459 | 120,682,018 | 66,618,333 | 83,505,196 |
Contributed capital | 18,250,000 | 18,250,000 | 18,250,000 | 13,250,000 |
Retained earnings | 32,632,081 | 3,777,130 | 7,766,203 | 5,443,742 |
Total equity | 50,882,081 | 22,027,130 | 26,016,203 | 18,693,742 |
Total equity and liabilities | 167,184,539 | 142,709,148 | 92,634,536 | 102,198,938 |
Classification
Category
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
28
Activity
Manufacture of machinery and equipment n.e.c.
28.9
Main industrial group
Manufacture of other special-purpose machinery
28.99
Industrial group
Manufacture of other special-purpose machinery n.e.c.
28.990
Industrial group
Manufacture of other special-purpose machinery n.e.c.