FITJAR MEKANISKE VERKSTED AS • 911662000 • Fitjar • Repair and installation of machinery and equipment

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Goods and trade

/ 33.150 Repair and maintenance of ships and boats

FITJAR MEKANISKE VERKSTED AS

Keywords

repairmaintenanceshipsboatsconversioninspectionroutine maintenancepleasure boatsdrilling rigs

Organization

CEO: HM
Hugo Mikal Strand1969
Chairman of the board: HA
Helge Arvid Møgster1953
Years since formation: 30 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 115

Ownership

Number of shares and share classes: 200; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 620,556,524; NOK
Annual total result 2024: 7,699,200; NOK
Total equity 2024: 117,516,990; NOK

Last update: Jul 31, 2025

Management

Management / administration

Name	Role	Shares
HM Hugo Mikal Strand 1969	Managing Director/CEO	-

Board

Name	Role	Shares
HA Helge Arvid Møgster 1953	Chairman	17.48 % indirectly
HS Helge Singelstad 1963	Board Member	-
OB Odd Bjørn Troland 1956	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
M MØGSTER MANAGEMENT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
HA Helge Arvid Møgster 1953	Chairman	17.48 % indirectly
AR Alf Rune Møgster 1964	-	3.33 % indirectly
RK Rolf Kristian Våge 1977	-	2.22 % indirectly
NA Narve Andre Våge 1974	-	2.22 % indirectly
ØV Øyvind Våge 1983	-	2.22 % indirectly
MA Martin Algrøy 1984	-	1.67 % indirectly
RA Runar Algrøy 1987	-	1.67 % indirectly
GA Gunnbjørg Algrøy Træland 1982	-	1.67 % indirectly
CA Charlotte Algrøy 1979	-	1.67 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
L LACO AS	Ordinary shares	200	100 %

Shares owned by the FITJAR MEKANISKE VERKSTED AS

Name	Share class	Total number of shares	Share
W WATT GOODFISH AS	Ordinary shares	1,000	100 %
H HFMV DESIGN AS	Ordinary shares	4,500	50 %
E ELAX AS	Ordinary shares	80,000	33.33 %
I IMS KJEDEN AS	Ordinary shares	5	1 %

Last update: Jun 2, 2025

Group structure

LACO AS
Total operating income 2024: NOK 3,749,000
Operating profit 2024: NOK -37,468,000
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	620,556,524	576,138,542	565,919,640	635,987,366
Annual Total Result	7,699,200	7,488,463	20,043,497	15,055,221
Total assets	797,230,495	527,166,128	607,883,557	399,264,786
Total liabilities	679,713,504	417,348,338	505,554,231	316,978,956
Total equity	117,516,990	109,817,790	102,329,326	82,285,829

P&L

Year	2024	2023	2022	2021
Total operating income	620,556,524	576,138,542	565,919,640	635,987,366
Total operating costs	604,158,241	564,925,528	537,140,627	608,284,548
Operating result	16,398,283	11,213,014	28,779,013	27,702,818
Financial income/costs	-6,170,497	-2,720,289	-3,045,324	-8,391,593
Profit before tax	10,227,786	8,492,725	25,733,690	19,311,225
Total tax & extraordinary income/cost	2,528,586	1,004,262	5,690,193	4,256,004
Annual Total Result	7,699,200	7,488,463	20,043,497	15,055,221

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	211,681,596	193,835,126	142,610,519	137,724,388
Total current assets	585,548,899	333,331,002	465,273,038	261,540,398
Total assets	797,230,495	527,166,128	607,883,557	399,264,786
Short term debt	605,763,061	352,874,747	499,357,294	309,740,673
Long term debt	73,950,443	64,473,591	6,196,937	7,238,284
Total liabilities	679,713,504	417,348,338	505,554,231	316,978,956
Contributed capital	7,803,457	7,803,457	7,803,457	7,803,457
Retained earnings	109,713,533	102,014,332	94,525,869	74,482,372
Total equity	117,516,990	109,817,790	102,329,326	82,285,829
Total equity and liabilities	797,230,495	527,166,128	607,883,557	399,264,786

Classification

Category

Goods and trade

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

33

Activity

Repair and installation of machinery and equipment

33.1

Main industrial group

Repair of fabricated metal products, machinery and equipment

33.15

Industrial group

Repair and maintenance of ships and boats

33.150

Industrial group

Repair and maintenance of ships and boats