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NOGVA HEIMDAL PROPULSION AS918 656 065

Power transmission
Limited company
Gammelseterlia 27 6422 MOLDE, Norge

NOGVA HEIMDAL PROPULSION AS

Operating
Produksjon og salg av gir og propeller, drift av mekanisk verksted, deltagelse i selskaper som driver forretningsmessig virksomhet, samt alt som står i forbindelse med dette, herunder deltagelse i andre selskaper med lignende virksomheter.
Produksjon og salg av gir og propeller til båter og skip.

Keywords

manufacturingball bearingsroller bearingspower transmission equipmenttransmissionaxlescrankscamshaftscrankshaftsbearing housingsaxle bearingsgearsgear ratiosgearboxesspeed controllerscouplings and shaft couplingsflywheelspulleysarticulated chain linkspower transmission chains

Organization

CEO
ST

Svein Tore Tande1973

Chairman of the board
KP

Kjell Palmar Norvoll1956

Years since formation
9 years
since Mar 3, 2017
Type
Limited company
VAT registered
Yes
Number of employees
16

Ownership

Number of shares and share classes
300,000
1 share class
Total number of shareholders
2
companies
Belongs to group of

Financials

Total operating income 2025
53,080,462
NOK
Annual total result 2025
417,040
NOK
Total equity 2025
15,061,865
NOK
Last update: Sep 14, 2026

Management

Management / administration

NameRoleShares
ST

Svein Tore Tande

1973

Managing Director/CEO
9 %
indirectly

Board

NameRoleShares
KP

Kjell Palmar Norvoll

1956

Chairman
22.75 %
indirectly
ST

Svein Tore Tande

1973

Board Member
9 %
indirectly
RH

Rune Hasund

1965

Board Member-

Others

NameRoleShares
B
BDO AS
Auditor-

Top 10 individual shareholders

NameRoleShares
KP

Kjell Palmar Norvoll

1956

Chairman
22.75 %
indirectly
AK

Anne Kårhild Nogva Norvoll

1956

-
22.75 %
indirectly
KA

Kåre Arnt Nogva

1955

-
10.01 %
indirectly
LÅ

Lars Åge Nogva

1963

-
9.1 %
indirectly
KL

Kirsti Lisbet Nogva Mårstøl

1956

-
9.1 %
indirectly
ST

Svein Tore Tande

1973

Managing Director/CEO, Board Member
9 %
indirectly
AK

Astrid Karin Nogva

1966

-
8.69 %
indirectly
SN

Skjalg Nogva

1972

-
8.6 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
N
NOGVA MOTORFABRIKK AS
Ordinary shares
273,000
91 %
T
TANDE HOLDING AS
Ordinary shares
27,000
9 %
Last update: Jun 2, 2025

Group structure

  • NOGVA MOTORFABRIKK AS
    Total operating income 2025: NOK 541,235,875
    Operating profit 2025: NOK 55,609,612
    Employees: 127

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
53,080,462
52,202,973
62,991,588
51,992,260
62,520,471
Annual Total Result
417,040
-1,537,209
1,930,728
-7,300,373
-5,443,318
Total assets
39,900,869
36,214,497
33,256,828
38,149,815
41,927,892
Total liabilities
24,839,004
21,569,672
17,074,794
23,898,509
38,528,295
Total equity
15,061,865
14,644,825
16,182,034
14,251,306
3,399,596

P&L

Year20252024202320222021
Total operating income
53,080,462
52,202,973
62,991,588
51,992,260
62,520,471
Total operating costs
53,164,516
54,122,715
60,165,846
60,690,992
69,778,407
Operating result
-84,054
-1,919,742
2,825,742
-8,698,732
-7,257,936
Financial income/costs
623,307
-47,810
-342,545
-656,599
281,931
Profit before tax
539,253
-1,967,552
2,483,197
-9,355,330
-6,976,005
Total tax & extraordinary income/cost
122,213
-430,343
552,469
-2,054,957
-1,532,687
Annual Total Result
417,040
-1,537,209
1,930,728
-7,300,373
-5,443,318

Balance overview

Year20252024202320222021
Total fixed assets
4,837,490
5,068,211
6,200,000
2,275,207
2,744,906
Total current assets
35,063,379
31,146,286
27,056,828
35,874,608
39,182,985
Total assets
39,900,869
36,214,497
33,256,828
38,149,815
41,927,892
Short term debt
24,839,004
21,569,672
16,308,903
23,373,791
38,176,285
Long term debt
0
0
765,891
524,718
352,010
Total liabilities
24,839,004
21,569,672
17,074,794
23,898,509
38,528,295
Contributed capital
14,251,306
14,251,306
14,251,306
14,251,306
3,399,596
Retained earnings
810,559
393,519
1,930,728
0
0
Total equity
15,061,865
14,644,825
16,182,034
14,251,306
3,399,596
Total equity and liabilities
39,900,869
36,214,497
33,256,828
38,149,815
41,927,892

Classification

21st company classification
BETA
Industrial large enterprise
Category
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
28
Activity
Manufacture of machinery and equipment n.e.c.
28.1
Main industrial group
Manufacture of general-purpose machinery
28.15
Industrial group
Manufacture of bearings, gears, gearing and driving elements
28.150
Industrial group
Manufacture of bearings, gears, gearing and driving elements