LUNDHS AS
Natural stone from Norway | Lundhs
Lundhs is the largest producer of natural stone in Northern Europe. Lundhs’ portfolio consists of Larvikite and Anorthosite
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Organization
- CEO
- FN
Frank Nordby1969
- Chairman of the board
- Years since formation
- 17 years
- since Oct 3, 2008
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 128
Ownership
- Number of shares and share classes
- 500,000
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 438,258,485
- NOK
- Annual total result 2024
- 13,978,023
- NOK
- Total equity 2024
- 402,386,453
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
FN 1969 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
ML | Board Member | 11.11 % indirectly |
SS 1948 | Board Member | - |
NE | Alternate Member | - |
PH 1960 | Board Member | - |
BL 1964 | Board Member | - |
HF | Board Member | - |
NB | Alternate Member | - |
DL 1993 | Alternate Member | - |
HM | Board Member | - |
SN | Board Member | - |
| Chairman | 2.78 % indirectly | |
HK | Board Member | - |
CN 1965 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MS | - | 50 % indirectly |
AL | - | 13.88 % indirectly |
ML | Board Member | 11.11 % indirectly |
EL 1960 | - | 11.11 % indirectly |
| Chairman | 2.78 % indirectly | |
CB | - | 2.78 % indirectly |
ML | - | 2.78 % indirectly |
TL | - | 2.78 % indirectly |
UL | - | 2.78 % indirectly |
Last update: Jun 19, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 250,000 | 50 % | |
| Ordinary shares | 250,000 | 50 % |
Shares owned by the LUNDHS AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 300 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 500 | 83.33 % | |
| Ordinary shares | 134 | 67 % | |
| Ordinary shares | 148 | 0.73 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 438,258,485Operating profit 2024: NOK 18,148,492Employees: 128
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 438,258,485 | 432,053,866 | 464,966,296 | 441,502,231 |
Annual Total Result | 13,978,023 | 47,352,723 | 53,829,294 | 44,807,653 |
Total assets | 536,181,094 | 492,223,895 | 491,228,027 | 495,310,528 |
Total liabilities | 133,794,641 | 103,788,128 | 150,067,072 | 117,925,706 |
Total equity | 402,386,453 | 388,435,767 | 341,160,955 | 377,384,822 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 438,258,485 | 432,053,866 | 464,966,296 | 441,502,231 |
Total operating costs | 420,109,993 | 387,163,215 | 398,089,949 | 372,219,271 |
Operating result | 18,148,492 | 44,890,651 | 66,876,347 | 69,282,960 |
Financial income/costs | 1,045,835 | 16,634,755 | 2,749,253 | -10,780,404 |
Profit before tax | 19,194,327 | 61,525,406 | 69,625,600 | 58,502,556 |
Total tax & extraordinary income/cost | 5,216,304 | 14,172,683 | 15,796,306 | 13,694,903 |
Annual Total Result | 13,978,023 | 47,352,723 | 53,829,294 | 44,807,653 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 237,544,014 | 215,885,525 | 176,815,670 | 176,418,618 |
Total current assets | 298,637,080 | 276,338,370 | 314,412,357 | 318,891,910 |
Total assets | 536,181,094 | 492,223,895 | 491,228,027 | 495,310,528 |
Short term debt | 119,417,498 | 97,642,442 | 145,216,703 | 112,751,706 |
Long term debt | 14,377,143 | 6,145,686 | 4,850,369 | 5,174,000 |
Total liabilities | 133,794,641 | 103,788,128 | 150,067,072 | 117,925,706 |
Contributed capital | 50,000,000 | 50,000,000 | 50,000,000 | 50,000,000 |
Retained earnings | 352,386,453 | 338,435,767 | 291,160,955 | 327,384,822 |
Total equity | 402,386,453 | 388,435,767 | 341,160,955 | 377,384,822 |
Total equity and liabilities | 536,181,094 | 492,223,895 | 491,228,027 | 495,310,528 |
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