MAGNORA ASA

Keywords

engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting

Organization

CEO: ED
Erik Daylemani Sneve1971
Chairman of the board: TS
Torstein Sanness1947
Years since formation: 24 years; since May 4, 2001
Type: Public limited company
VAT registered: Yes
Number of employees: 13

Ownership

Number of shares and share classes: 65,781,825; 1 share class
Total number of shareholders: 7178; 600 companies, 6,578 persons
Belongs to group of

Financials

Total operating income 2024: 34,000,000; NOK
Annual total result 2024: 353,000,000; NOK
Total equity 2024: 613,000,000; NOK

Last update: May 21, 2025

Management

Management / administration

Name	Role	Shares
ED Erik Daylemani Sneve 1971	Managing Director/CEO	1.79 % directly 0.62 % indirectly 1.17 %

Board

Name	Role	Shares
TS Torstein Sanness 1947	Chairman	1.02 % directly
JA John Andrew Hamilton 1965	Board Member	-
HÅ Hilde Ådland 1967	Board Member	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
TM Trond Myhre 1958	-	4.27 % indirectly
PG Philip George Aarskog 1985	-	4.03 % directly 1.52 % indirectly 2.51 %
GM Ginny Margrethe Aarskog Pettersen 1979	-	3.75 % indirectly
EA Edvin Austbø 1964	-	2.89 % indirectly
FD Fredrik Daylemani Sneve 1973	-	2.54 % directly < 0.01 % indirectly 2.53 %
FW Fredrik Walsøe 1976	-	2.47 % directly 0.19 % indirectly 2.27 %
TH Tom Hagen 1950	-	2.45 % indirectly
KG Ketil Grim Skorstad 1974	-	2.45 % indirectly
BE Bernt Endrerud 1955	-	2.28 % indirectly
ED Erik Daylemani Sneve 1971	Managing Director/CEO	1.79 % directly 0.62 % indirectly 1.17 %

Last update: Jun 27, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
K KING KONG INVEST AS	NO0010187032	2,807,195	4.27 %
G GINNY INVEST AS	NO0010187032	2,469,144	3.75 %
A ALDEN AS	NO0010187032	1,963,200	2.98 %
F F1 FUNDS AS	NO0010187032	1,836,870	2.79 %
M MAGNORA ASA	NO0010187032	1,773,088	2.7 %
F F2 FUNDS AS	NO0010187032	1,748,249	2.66 %
BA Bank Asa Dnb	NO0010187032	1,718,789	2.61 %
P PHILIP HOLDING AS	NO0010187032	1,648,377	2.51 %
C CARE HOLDING AS	NO0010187032	1,500,000	2.28 %
F FENDER EIENDOM AS	NO0010187032	1,480,560	2.25 %
CB Chase Bank Na London Jpmorgan	NO0010187032	1,434,737	2.18 %
M MP PENSJON PK	NO0010187032	1,242,732	1.89 %
T TIGERSTADEN AS	NO0010187032	1,213,671	1.84 %
A ALTEA AS	NO0010187032	1,154,944	1.76 %
CB Clearstream Banking S.a.	NO0010187032	1,092,004	1.66 %
PG Philip George Aarskog 1985	NO0010187032	1,000,000	1.52 %
N NORDNET LIVSFORSIKRING AS	NO0010187032	983,000	1.49 %
V VALLELØKKEN AS	NO0010187032	832,962	1.27 %
T TRAPESA AS	NO0010187032	820,025	1.25 %
V VERDIPAPIRFONDET FIRST OPPORTUNITIES	NO0010187032	810,800	1.23 %
B BALLISTA AS	NO0010187032	770,372	1.17 %
ÅB Åsmund Baklien 1952	NO0010187032	756,100	1.15 %
T TOLUMA NORDEN AS	NO0010187032	714,300	1.09 %
B BILL INVEST AS	NO0010187032	671,152	1.02 %
TS Torstein Sanness 1947	NO0010187032	669,442	1.02 %
M METAL MONKEY AS	NO0010187032	658,950	1 %
G GUTTIS AS	NO0010187032	614,152	0.93 %
SS Stian Sjølund 1973	NO0010187032	600,000	0.91 %
H HELGØ FORVALTNING AS	NO0010187032	550,000	0.84 %
L LIVERMORE INVEST AS	NO0010187032	519,870	0.79 %
BA Bank Ab Nordnet	NO0010187032	512,518	0.78 %
K KM NEW ENERGY AS	NO0010187032	465,787	0.71 %
P PIROL AS	NO0010187032	450,000	0.68 %
ES Espen Sagvolden Landgraff 1960	NO0010187032	443,000	0.67 %
MS Morgan Stanley & Co. Int. Plc.	NO0010187032	440,329	0.67 %
MS Morgan Se Jp	NO0010187032	425,728	0.65 %
ED Erik Daylemani Sneve 1971	NO0010187032	410,000	0.62 %
TF Torgeir Foss 1967	NO0010187032	405,000	0.62 %
SB Street Bank And Trust Comp State	NO0010187032	370,000	0.56 %
A ARTEL AS	NO0010187032	354,096	0.54 %
SA Sis Ag Six	NO0010187032	332,334	0.51 %
SV Stein Vidar Andersen 1969	NO0010187032	305,612	0.46 %
K KJUS HOLDING AS	NO0010187032	268,000	0.41 %
S SONGA CAPITAL AS	NO0010187032	265,488	0.4 %
GP Gunerius Pettersen 1979	NO0010187032	261,290	0.4 %
E EIKANGER INVEST AS	NO0010187032	260,000	0.4 %
H HELGØ INVEST AS	NO0010187032	250,000	0.38 %
D DANSKE BANK A/S NUF	NO0010187032	239,305	0.36 %
BA Bank As Danske	NO0010187032	228,206	0.35 %
OP Ole-Christian Presterud 1969	NO0010187032	221,000	0.34 %
V VERDIPAPIRFONDET DNB SMB	NO0010187032	211,000	0.32 %
G GRANLUND HOLDING AS	NO0010187032	210,000	0.32 %
AL Asle Lorch-Falch 1965	NO0010187032	206,000	0.31 %
TI Torstein Ingvald Tvenge 1952	NO0010187032	200,000	0.3 %
D DNB BANK ASA	NO0010187032	200,000	0.3 %
SV Svein Våle 1957	NO0010187032	186,650	0.28 %
CP Cmusecfin Pooled Account Seb	NO0010187032	181,394	0.28 %
GS Geir Skjulestad 1965	NO0010187032	171,000	0.26 %
X XO INVESTOR AS	NO0010187032	170,000	0.26 %
BS Bank Sanv Euroclear	NO0010187032	169,579	0.26 %
K KOFF HOLDING AS	NO0010187032	160,000	0.24 %
G GUNERIUS PETTERSEN AS	NO0010187032	150,000	0.23 %
S STANDARD ELEKTRO AS	NO0010187032	150,000	0.23 %
PK Pål Kristian Aasen 1969	NO0010187032	150,000	0.23 %
JT Johannes Thorsnes 1980	NO0010187032	147,865	0.22 %
DK Doris Kate Sørensen 1958	NO0010187032	140,000	0.21 %
NC Na Citibank	NO0010187032	136,755	0.21 %
HJ Haakon Johan Alfstad 1957	NO0010187032	136,177	0.21 %
D DAIMYO INVEST AS	NO0010187032	135,000	0.21 %
FW Fredrik Walsøe 1976	NO0010187032	125,783	0.19 %
A ALUNDO INVEST AS	NO0010187032	125,000	0.19 %
BA Bank As Danske	NO0010187032	125,000	0.19 %
AS Asgeir Stjern 1969	NO0010187032	124,616	0.19 %
VL Vidar Langehaug 1983	NO0010187032	121,805	0.19 %
B BRELMAJO AS	NO0010187032	120,000	0.18 %
ME Meidel Eriksen 1954	NO0010187032	118,935	0.18 %
HA Harry Andersen 1957	NO0010187032	115,000	0.17 %
Ø Ø.JOHNSGÅRD AS	NO0010187032	110,000	0.17 %
HS Hans-Petter Strand 1962	NO0010187032	106,116	0.16 %
JT Jan Tore Rue 1965	NO0010187032	103,710	0.16 %
BA Bank Ab Avanza	NO0010187032	102,393	0.16 %
GJ Glenn Jarle Eriksen 1976	NO0010187032	100,850	0.15 %
M MONSIEUR AS	NO0010187032	100,003	0.15 %
JF Joachim Fasting Manheim 1988	NO0010187032	100,000	0.15 %
M MORTEN CARLSON AS	NO0010187032	100,000	0.15 %
T TIGERGUTT INVEST AS	NO0010187032	100,000	0.15 %
F FREMR AS	NO0010187032	100,000	0.15 %
GB Guttorm Bjerke 1977	NO0010187032	100,000	0.15 %
L LEOVILLE AS	NO0010187032	100,000	0.15 %
R REWAL AS	NO0010187032	100,000	0.15 %
H HILLTOP INVEST AS	NO0010187032	100,000	0.15 %
O OXS HOLDING AS	NO0010187032	100,000	0.15 %
F FANTUST AS	NO0010187032	100,000	0.15 %
P PROSJEKTKONSULT AS	NO0010187032	98,000	0.15 %
RM Roy Malvin Ingebrigtsen 1945	NO0010187032	90,675	0.14 %
S SKIPS AS TUDOR	NO0010187032	90,000	0.14 %
MA Morten Alf Carlson 1954	NO0010187032	87,337	0.13 %
A ABAGUST AS	NO0010187032	87,000	0.13 %
EØ Eivind Østengen 1985	NO0010187032	85,293	0.13 %
B BERNT VEKA AS	NO0010187032	85,287	0.13 %

Shares owned by the MAGNORA ASA

Name	Share class	Total number of shares	Share
P PROJECT TRIPARTITE 1 AS	Ordinary shares	1	100 %
M MAGNORA SOUTH AFRICA DEVELOPMENT AS	Ordinary shares	1,000	100 %
M MAGNORA HOLDING AS	Ordinary shares	10,000	100 %
M MAGNORA UK PV HOLDING AS	Ordinary shares	30,000	100 %
M MAGNORA SOUTH AFRICA PROJECTS AS	Ordinary shares	1,000	100 %
M MAGNORA UTVIKLING AS	Ordinary shares	3,000	100 %
M MAGNORA OFFSHORE WIND HOLDING AS	Ordinary shares	1	100 %
M MAGNORA RENEWABLE HOLDING AS	Ordinary shares	1	100 %
P PROJECT LUMINARA 1 AS	Ordinary shares	3,000	100 %
P PROJECT LUMINARA 2 AS	Ordinary shares	3,000	100 %
M MAGNORA OFFSHORE WIND AS	Ordinary shares	100,000	80 %
H HAFSLUND MAGNORA SOL AS	Ordinary shares	12,182	40 %
H HERMANA HOLDING ASA	NO0013401380	4,025,621	30 %
M MAGNORA ASA	NO0010187032	1,773,088	2.7 %

Last update: Jun 2, 2025

Group structure

MAGNORA ASA
Total operating income 2024: NOK 34,000,000
Operating profit 2024: NOK -36,000,000
Employees: 13

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	34,000,000	51,000,000	100,000,000	30,000,000
Annual Total Result	353,000,000	249,000,000	71,000,000	-30,000,000
Total assets	731,000,000	693,000,000	565,000,000	228,000,000
Total liabilities	118,000,000	11,000,000	83,000,000	19,000,000
Total equity	613,000,000	682,000,000	482,000,000	211,000,000

P&L

Year	2024	2023	2022	2021
Total operating income	34,000,000	51,000,000	100,000,000	30,000,000
Total operating costs	70,000,000	64,000,000	40,000,000	47,000,000
Operating result	-36,000,000	-13,000,000	60,000,000	-17,000,000
Financial income/costs	395,000,000	262,000,000	19,000,000	-5,000,000
Profit before tax	359,000,000	249,000,000	79,000,000	-22,000,000
Total tax & extraordinary income/cost	6,000,000	0	8,000,000	8,000,000
Annual Total Result	353,000,000	249,000,000	71,000,000	-30,000,000

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	497,000,000	356,000,000	311,000,000	113,000,000
Total current assets	234,000,000	337,000,000	254,000,000	115,000,000
Total assets	731,000,000	693,000,000	565,000,000	228,000,000
Short term debt	118,000,000	11,000,000	83,000,000	19,000,000
Long term debt	0	0	0	0
Total liabilities	118,000,000	11,000,000	83,000,000	19,000,000
Contributed capital	26,000,000	33,000,000	33,000,000	28,000,000
Retained earnings	587,000,000	649,000,000	449,000,000	183,000,000
Total equity	613,000,000	682,000,000	482,000,000	211,000,000
Total equity and liabilities	731,000,000	693,000,000	565,000,000	230,000,000

MAGNORA ASA983 218 180

MAGNORA ASA

Keywords

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the MAGNORA ASA

Group structure

Financials

Summary

P&L

Balance overview

Classification