ANDØYA SPACE AS
Andøya Space - Empowering explorers - Empowering explorers
Andøya Space is an aerospace company which enables scientists, engineers, students and government entities to achieve mission success.
Organization
- CEO
- KO
Ketil Olsen1960
- Chairman of the board
- RR
- Years since formation
- 28 years
- since Aug 6, 1997
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 123
Ownership
- Number of shares and share classes
- 64,220
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 151,790,874
- NOK
- Annual total result 2024
- 7,326,790
- NOK
- Total equity 2024
- 292,722,988
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KO 1960 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
RR | Chairman | - |
HN 1975 | Board Member | - |
EA 1961 | Board Member | - |
TH 1966 | Board Member | - |
MA 1968 | Board Member | - |
SR | Deputy Chair | - |
BG | Board Member | - |
PS 1989 | Board Member | - |
PR | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jul 7, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 57,798 | 90 % | |
| Ordinary shares | 6,422 | 10 % |
Shares owned by the ANDØYA SPACE AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 500 | 100 % | |
| Ordinary shares | 22,000 | 100 % | |
| Ordinary shares | 300 | 100 % | |
| Ordinary shares | 5,200 | 40 % | |
| Ordinary shares | 5 | 25 % |
Last update: Jun 2, 2025
Group structure
- Total operating income -: NOKOperating profit -: NOKEmployees: 385
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 151,790,874 | 97,620,717 | 118,755,053 | 97,960,816 |
Annual Total Result | 7,326,790 | 9,958,872 | 9,766,348 | -7,260,740 |
Total assets | 834,187,352 | 701,774,940 | 489,310,897 | 247,752,387 |
Total liabilities | 541,464,364 | 449,320,742 | 246,815,540 | 156,521,478 |
Total equity | 292,722,988 | 252,454,198 | 242,495,357 | 91,230,909 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 151,790,874 | 97,620,717 | 118,755,053 | 97,960,816 |
Total operating costs | 154,779,026 | 131,250,192 | 130,302,856 | 117,761,272 |
Operating result | -2,988,152 | 10,776,376 | -11,547,803 | -19,800,456 |
Financial income/costs | 12,349,453 | 2,684,048 | 24,555,068 | 8,616,319 |
Profit before tax | 9,361,301 | 13,460,424 | 13,007,265 | -11,184,137 |
Total tax & extraordinary income/cost | 2,034,511 | 3,501,552 | 3,240,917 | -3,923,397 |
Annual Total Result | 7,326,790 | 9,958,872 | 9,766,348 | -7,260,740 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 667,912,113 | 359,269,364 | 248,349,541 | 208,411,079 |
Total current assets | 166,275,239 | 342,505,576 | 240,961,356 | 39,341,308 |
Total assets | 834,187,352 | 701,774,940 | 489,310,897 | 247,752,387 |
Short term debt | 96,361,204 | 67,251,414 | 57,825,847 | 73,388,089 |
Long term debt | 445,103,160 | 382,069,328 | 188,989,693 | 83,133,389 |
Total liabilities | 541,464,364 | 449,320,742 | 246,815,540 | 156,521,478 |
Contributed capital | 237,940,100 | 204,998,100 | 204,998,100 | 63,500,000 |
Retained earnings | 54,782,888 | 47,456,098 | 37,497,257 | 27,730,909 |
Total equity | 292,722,988 | 252,454,198 | 242,495,357 | 91,230,909 |
Total equity and liabilities | 834,187,352 | 701,774,940 | 489,310,897 | 247,752,387 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1120
Public incorporated enterprises, owned by central government