HIGH SPEED MACHINING AS

Operating

Mekanisk produksjon, salg og utleie relatert til oljeindustrien og alt som har forbindelse hermed, samt deltagelse i andre selskaper med lignende eller annen virksomhet.

Keywords

productionscaleswagon scalesspray gunsfire extinguisherssand blasting machinessteam blasting machinespackaging machinesfillingclosingsealingencapsulationlabellinggas generatorsrolling machinescentrifuges

Organization

CEO: OD
Ove Dahle1974
Chairman of the board: MU
Magnar Ur1976
Years since formation: 17 years; since Jan 7, 2008
Type: Limited company
VAT registered: Yes
Number of employees: 26

Ownership

Number of shares and share classes: 1,500,000; 1 share class
Total number of shareholders: 5; companies

Financials

Total operating income 2024: 52,159,149; NOK
Annual total result 2024: 3,899,616; NOK
Total equity 2024: 11,965,359; NOK

Last update: Sep 13, 2025

Management

Management / administration

Name	Role	Shares
OD Ove Dahle 1974	Managing Director/CEO	17.8 % indirectly

Board

Name	Role	Shares
MU Magnar Ur 1976	Chairman	17.8 % indirectly
AB Arvid Bruntveit 1975	Board Member	17.8 % indirectly
SØ Svein-Olav Østerhus 1988	Board Member	17.8 % indirectly
OD Ove Dahle 1974	Board Member	17.8 % indirectly

Others

Name	Role	Shares
R REVISJON RYFYLKE AS	Auditor	-
E ECIT BUSINESS PARTNER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
MU Magnar Ur 1976	Chairman	17.8 % indirectly
AB Arvid Bruntveit 1975	Board Member	17.8 % indirectly
SØ Svein-Olav Østerhus 1988	Board Member	17.8 % indirectly
OD Ove Dahle 1974	Managing Director/CEO, Board Member	17.8 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
H HIGH SPEED MACHINING AS	Ordinary shares	432,000	28.8 %
B BRUNTVEIT HOLDING AS	Ordinary shares	267,000	17.8 %
S SOØ INVEST AS	Ordinary shares	267,000	17.8 %
U UR EIENDOM AS	Ordinary shares	267,000	17.8 %
N NYLAND FINANS AS	Ordinary shares	267,000	17.8 %

Shares owned by the HIGH SPEED MACHINING AS

Name	Share class	Total number of shares	Share
H HIGH SPEED MACHINING AS	Ordinary shares	432,000	28.8 %
C CTR ENERGY AS	Ordinary shares	3,300	10.21 %
C COMPLETION TECHNOLOGY RESOURCES AS Closed	Ordinary shares	698	9.24 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	52,159,149	47,178,270	39,078,706	35,286,130
Annual Total Result	3,899,616	3,801,928	1,630,819	-7,477,074
Total assets	43,941,466	39,119,602	35,955,100	39,972,218
Total liabilities	31,976,107	24,553,859	25,191,285	30,839,221
Total equity	11,965,359	14,565,743	10,763,815	9,132,996

P&L

Year	2024	2023	2022	2021
Total operating income	52,159,149	47,178,270	39,078,706	35,286,130
Total operating costs	45,551,080	40,892,701	36,733,336	40,399,892
Operating result	6,608,069	6,285,569	2,345,370	-5,113,762
Financial income/costs	-1,604,428	-1,406,475	-1,253,670	-3,733,296
Profit before tax	5,003,641	4,879,094	1,091,700	-8,847,059
Total tax & extraordinary income/cost	1,104,025	1,077,166	-539,119	-1,369,985
Annual Total Result	3,899,616	3,801,928	1,630,819	-7,477,074

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	27,483,300	24,278,800	24,124,500	27,317,200
Total current assets	16,458,166	14,840,802	11,830,600	12,655,018
Total assets	43,941,466	39,119,602	35,955,100	39,972,218
Short term debt	7,805,691	7,727,848	9,745,682	10,213,948
Long term debt	24,170,416	16,826,011	15,445,603	20,625,274
Total liabilities	31,976,107	24,553,859	25,191,285	30,839,221
Contributed capital	3,229,010	3,661,010	3,661,010	3,661,010
Retained earnings	8,736,349	10,904,733	7,102,805	5,471,986
Total equity	11,965,359	14,565,743	10,763,815	9,132,996
Total equity and liabilities	43,941,466	39,119,602	35,955,100	39,972,218

Classification

21st company classification

BETA

Small company

HIGH SPEED MACHINING AS992 073 837