/ Research
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.
Keywords
researchdevelopment worknatural sciencesengineeringtechnologymedicineagricultureinterdisciplinary research
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
- 109
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: Jul 14, 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: 393
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
Standard industrial classification
M
Main industrial area
Professional, scientific and technical activities
72
Activity
Scientific research and development
72.1
Main industrial group
Research and experimental development on natural sciences and engineering
72.19
Industrial group
Other research and experimental development on natural sciences and engineering
72.190
Industrial group
Other research and experimental development on natural sciences and engineering