PAPIRINDUSTRIENS FORSKNINGSINSTITUTT STI

Operating

Å fremme industriell utvikling i Norge basert på trefiber som råstoff. Dette skal skje ved å utføre teknisk-vitenskapelig forskning, yte økonomisk bistand til slik forskning eller på andre måter støtte opp om teknisk-vitenskapelig forskning, samt yte bidrag til relevante virksomheter som arbeider med rekruttering og utdannelse. Instituttet utøver sin virksomhet i samarbeid med relevante universiteter, høyskoler og beslektede institusjoner i inn- og utland og ha eierskap i sistnevnte. For å relasiere sinn formål kan instituttet motta bidrag fra interesserte og mot vederlag utføre oppdrag så vel for bidragsytere som for andre. Videre kan instituttet erverve, leie ut eller selge hele eller deler av fast eiendom, forskningsresultater, inventar og utstyr, alt innenfor rammen av en forsvarlig forvaltning av kapitalen.

Tekniskvitenskaplig forsknings-, og utviklings- og informasjonsvirksomhet til gavn for norsk tre- foredlingsindustri og andre bransjer beslektet med denne industri.

Organization

Chairman of the board: ML
Martin Lersch1976
Years since formation: 31 years; since Feb 19, 1995
Type: Foundation
VAT registered: Yes
Number of employees: 0

Financials

Total operating income 2025: 6,310,077; NOK
Annual total result 2025: 3,675,127; NOK
Total equity 2025: 122,400,127; NOK

Last update: Jun 22, 2026

Management

Board

Name	Role	Shares
ML Martin Lersch 1976	Chairman, Business Manager	-
ST Størker Torvald Moe 1963	Board Member	-
PL Peder Lutdal 1993	Board Member	-
RA Ruth Astrid Strøm 1977	Board Member	-
AV Anna Vøllo Kristiansen 1988	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
V VIVICTA ACCOUNTING AS	Accountant	-

Last update: Aug 12, 2025

Ownership

Shares owned by the PAPIRINDUSTRIENS FORSKNINGSINSTITUTT STI

Name	Share class	Total number of shares	Share
R RISE PFI AS	Ordinary shares	10	5 %
V VEPAK AS	Ordinary shares	181	3.91 %
O OSLOTECH AS	A-shares	20	0.37 %
E ELOPAK ASA	Ordinary shares	2,256	< 0.01 %
P PROSAFE SE	Ordinary shares	2	< 0.01 %
A AKER ASA	Ordinary shares	272	< 0.01 %
E ELKEM ASA	Ordinary shares	3,743	< 0.01 %
O ORKLA ASA	Ordinary shares	4,991	< 0.01 %
N NORSKE SKOG ASA	Ordinary shares	1,439	< 0.01 %
N Norsk Hydro ASA	Ordinary shares	8,366	< 0.01 %
S STOREBRAND ASA	Ordinary shares	3,018	< 0.01 %
V VÅR ENERGI ASA	Ordinary shares	8,141	< 0.01 %
E EQUINOR ASA	Ordinary shares	6,421	< 0.01 %
V VEND MARKETPLACES ASA	Ordinary shares	2,113	< 0.01 %
A AF GRUPPEN ASA	Ordinary shares	2,204	< 0.01 %
S SALMAR ASA	Ordinary shares	707	< 0.01 %
M MOWI ASA	Ordinary shares	3,825	< 0.01 %
T TELENOR ASA	Ordinary shares	5,500	< 0.01 %
Y YARA INTERNATIONAL ASA	Ordinary shares	1,188	< 0.01 %
D DNB BANK ASA	Ordinary shares	5,787	< 0.01 %
A AKER BP ASA	Ordinary shares	1,497	< 0.01 %
B B2 IMPACT ASA	Ordinary shares	7,226	< 0.01 %
G GJENSIDIGE FORSIKRING ASA	Ordinary shares	1,927	< 0.01 %
S SATS ASA	Ordinary shares	7,363	< 0.01 %

Last update: Sep 25, 2026

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	6,310,077	8,241,341	51,477,332	6,713,768	6,370,350
Annual Total Result	3,675,127	6,965,657	51,943,213	1,058,485	3,687,275
Total assets	122,432,046	119,002,514	112,339,066	61,058,832	58,946,510
Total liabilities	31,919	277,514	579,723	1,242,703	188,866
Total equity	122,400,127	118,725,000	111,759,343	59,816,129	58,757,644

P&L

Year	2025	2024	2023	2022	2021
Total operating income	6,310,077	8,241,341	51,477,332	6,713,768	6,370,350
Total operating costs	2,817,845	1,611,252	4,615,904	5,515,264	5,037,833
Operating result	3,492,232	6,630,089	46,861,428	1,198,504	1,332,517
Financial income/costs	182,895	335,568	5,391,508	-33,192	2,452,911
Profit before tax	3,675,127	6,965,657	52,252,936	1,165,312	3,785,428
Total tax & extraordinary income/cost	0	0	309,723	106,827	98,153
Annual Total Result	3,675,127	6,965,657	51,943,213	1,058,485	3,687,275

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	95,341	95,341	95,341	4,098,650	4,016,124
Total current assets	122,336,705	118,907,173	112,243,725	56,960,182	54,930,386
Total assets	122,432,046	119,002,514	112,339,066	61,058,832	58,946,510
Short term debt	31,919	277,514	579,723	1,242,703	188,866
Long term debt	0	0	0	0	0
Total liabilities	31,919	277,514	579,723	1,242,703	188,866
Contributed capital	200,000	200,000	200,000	200,000	200,000
Retained earnings	122,200,127	118,525,000	111,559,343	59,616,129	58,557,644
Total equity	122,400,127	118,725,000	111,759,343	59,816,129	58,757,644
Total equity and liabilities	122,432,046	119,002,514	112,339,066	61,058,832	58,946,510

Classification

21st company classification

BETA

Small company

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