HYDRAULIKK & SVEISETEKNIKK AS
Organization
- CEO
- VM
Vidar Mehren1970
- Chairman of the board
- VM
Vidar Mehren1970
- Years since formation
- 21 years
- since Feb 24, 2004
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 13
Ownership
- Number of shares and share classes
- 450
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
Financials
- Total operating income 2024
- 41,223,948
- NOK
- Annual total result 2024
- 7,042,227
- NOK
- Total equity 2024
- 13,635,438
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
VM 1970 | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
VM 1970 | Chairman | 50 % directly |
RL 1946 | Board Member | 30 % indirectly |
ØL 1972 | Alternate Member | 5 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
VM 1970 | Managing Director/CEO, Chairman | 50 % directly |
RL 1946 | Board Member | 30 % indirectly |
KS 1965 | - | 5 % indirectly |
ML 1968 | - | 5 % indirectly |
ØL 1972 | Alternate Member | 5 % indirectly |
TL 1972 | - | 5 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 225 | 50 % | |
VM 1970 | Ordinary shares | 225 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 41,223,948 | 34,956,389 | 29,674,043 |
Annual Total Result | 7,042,227 | 4,955,598 | 4,738,241 |
Total assets | 26,362,403 | 21,361,115 | 18,412,884 |
Total liabilities | 12,726,964 | 8,767,904 | 7,275,271 |
Total equity | 13,635,438 | 12,593,211 | 11,137,613 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 41,223,948 | 34,956,389 | 29,674,043 |
Total operating costs | 32,152,227 | 28,551,904 | 23,583,806 |
Operating result | 9,071,721 | 6,404,485 | 6,090,237 |
Financial income/costs | -18,069 | -21,291 | -1,172 |
Profit before tax | 9,053,652 | 6,383,194 | 6,089,065 |
Total tax & extraordinary income/cost | 2,011,425 | 1,427,596 | 1,350,824 |
Annual Total Result | 7,042,227 | 4,955,598 | 4,738,241 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 748,075 | 1,286,836 | 841,674 |
Total current assets | 25,614,327 | 20,074,279 | 17,571,209 |
Total assets | 26,362,403 | 21,361,115 | 18,412,884 |
Short term debt | 12,726,964 | 8,767,904 | 7,275,271 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 12,726,964 | 8,767,904 | 7,275,271 |
Contributed capital | 765,622 | 765,622 | 765,622 |
Retained earnings | 12,869,816 | 11,827,589 | 10,371,991 |
Total equity | 13,635,438 | 12,593,211 | 11,137,613 |
Total equity and liabilities | 26,362,403 | 21,361,115 | 18,412,884 |
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