MANDAL CASTINGS AS • 980458881 • Mandal • Manufacture of basic metals

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Industry and manufacturing

MANDAL CASTINGS AS

Keywords

castingironiron castingsnodular graphiteadused castingspipescast iron fittings.

Organization

CEO: EH
Ezekiel Hoy1964
Chairman of the board: KR
Kjell Rune Olsen1956
Years since formation: 25 years; since Feb 22, 1999
Type: Limited company
VAT registered: Yes
Number of employees: 33

Ownership

Number of shares and share classes: 750; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 67,706,142; NOK
Annual total result 2023: 1,106,648; NOK
Total equity 2023: 28,601,165; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
EH Ezekiel Hoy 1964	Managing Director/CEO	-

Board

Name	Role	Shares
KR Kjell Rune Olsen 1956	Chairman	-
JK Jan Kåre Helle 1964	Board Member	4.17 % indirectly
ST Svein Thompson 1971	Board Member	4.17 % indirectly
TH Terje Håland 1967	Board Member	4.17 % indirectly
ØR Øyvind Repstad 1980	Board Member	-
JR John Ramfjord 1956	Alternate Member	8.33 % indirectly
RS Rune Qvale Skofteland 1964	Alternate Member	-

Others

Name	Role	Shares
T TEAM REVISJON AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
JR John Ramfjord 1956	Alternate Member	8.33 % indirectly
TH Terje Håland 1967	Board Member	4.17 % indirectly
JK Jan Kåre Helle 1964	Board Member	4.17 % indirectly
ST Svein Thompson 1971	Board Member	4.17 % indirectly
AO Axel Olsson 1973	-	4.17 % indirectly
EM Elin Merete Torland 1967	-	4.17 % indirectly
BR Børre Ramvik 1962	-	4.17 % indirectly
RS Rune Stausland 1960	-	4.17 % indirectly
JS Janne Siri Thomassen 1967	-	4.17 % indirectly
RA Rune Akselsen 1970	-	4.17 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
M MANDAL CASTINGS HOLDING AS	Ordinary shares	750	100 %

Shares owned by the MANDAL CASTINGS AS

Name	Share class	Number of shares	Share
S SINPRO AS	Ordinary shares	10	6.06 %

Last update: May 24, 2024

Group structure

MANDAL CASTINGS HOLDING AS
Total operating income 2023: NOK 2,460,000
Operating profit 2023: NOK 1,462,267
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	67,706,142	65,677,231	52,466,825
Annual Total Result	1,106,648	-401,765	1,406,081
Total assets	35,394,544	35,195,094	35,337,775
Total liabilities	6,793,379	7,700,578	7,441,493
Total equity	28,601,165	27,494,517	27,896,282

P&L

Year	2023	2022	2021
Total operating income	67,706,142	65,677,231	52,466,825
Total operating costs	66,495,443	66,215,007	50,716,088
Operating result	1,210,699	-537,777	1,750,737
Financial income/costs	209,419	23,196	18,599
Profit before tax	1,420,118	-514,580	1,769,335
Total tax & extraordinary income/cost	313,470	-112,815	363,254
Annual Total Result	1,106,648	-401,765	1,406,081

Balance overview

Year	2023	2022	2021
Total fixed assets	6,611,305	6,663,815	5,614,798
Total current assets	28,783,240	28,531,279	29,722,977
Total assets	35,394,544	35,195,094	35,337,775
Short term debt	6,791,597	7,700,578	7,330,543
Long term debt	1,782	0	110,950
Total liabilities	6,793,379	7,700,578	7,441,493
Contributed capital	750,000	750,000	750,000
Retained earnings	27,851,165	26,744,517	27,146,282
Total equity	28,601,165	27,494,517	27,896,282
Total equity and liabilities	35,394,544	35,195,094	35,337,775

Classification

Category

Industry and manufacturing

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

24

Activity

Manufacture of basic metals

24.5

Main industrial group

Casting of metals

24.51

Industrial group

Casting of iron

24.510

Industrial group

Casting of iron