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H

HYCAST AS957 007 821

Tools
Limited company
Industrivegen 49 6600 SUNNDALSØRA, Norge
Industry and manufacturing
/ Tools
/ 28.910 Manufacture of machinery for metallurgy

HYCAST AS

Keywords

productionconvertersmouldsladlescasting machinesmetal rolling mills

Organization

CEO
OU

Ola Ulvund1969

Chairman of the board
ST

Stig Tjøtta1964

Years since formation
30 years
since Feb 19, 1995
Type
Limited company
VAT registered
Yes
Number of employees
72

Ownership

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

Financials

Total operating income 2024
503,932,409
NOK
Annual total result 2024
45,852,771
NOK
Total equity 2024
218,890,169
NOK
Last update: Jul 14, 2025

Management

Management / administration

NameRoleShares
OU

Ola Ulvund

1969

Managing Director/CEO-

Board

NameRoleShares
ST

Stig Tjøtta

1964

Chairman-
LG

Leif Gravem

1966

Board Member-
MN

Marita Nyheim

1981

Board Member-
RØ

Roar Ørsund

1962

Board Member-
EH

Egil Heimtun

1969

Board Member-
AT

Ane Thorvaldsen

1986

Alternate Member-
GA

Georg Aarnes Nisja

1997

Alternate Member-
MS

Mats Strømmen Abelsen

1988

Board Member-
CR

Christina Roe Steen

1976

Board Member-

Others

NameRoleShares
K
KPMG AS
Auditor-
Last update: Apr 26, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
H
HYDRO ALUMINIUM AS
Ordinary shares
1,000
100 %
Last update: Jun 2, 2025

Group structure

  • Norsk Hydro ASA
    Total operating income 2023: NOK 165,000,000
    Operating profit 2023: NOK -684,000,000
    Employees: 421

Financials

in NOK

Summary

Year2024202320222021
Total operating income
503,932,409
444,773,186
496,945,470
285,662,784
Annual Total Result
45,852,771
9,037,504
23,071,427
3,007,298
Total assets
486,764,667
419,964,871
415,711,498
318,058,699
Total liabilities
267,874,497
213,294,008
215,726,226
167,400,608
Total equity
218,890,169
206,670,863
199,985,271
150,658,091

P&L

Year2024202320222021
Total operating income
503,932,409
444,773,186
496,945,470
285,662,784
Total operating costs
453,804,740
438,941,538
470,936,335
282,092,308
Operating result
50,127,668
5,831,648
26,009,135
3,570,477
Financial income/costs
8,274,509
5,210,620
2,959,534
447,878
Profit before tax
58,402,177
11,042,268
28,968,670
4,018,355
Total tax & extraordinary income/cost
12,549,406
2,004,764
5,897,243
1,011,057
Annual Total Result
45,852,771
9,037,504
23,071,427
3,007,298

Balance overview

Year2024202320222021
Total fixed assets
27,076,147
21,392,769
23,455,248
24,397,720
Total current assets
459,688,520
398,572,102
392,256,250
293,660,979
Total assets
486,764,667
419,964,871
415,711,498
318,058,699
Short term debt
216,288,038
178,265,895
171,782,148
135,624,350
Long term debt
51,586,459
35,028,113
43,944,078
31,776,257
Total liabilities
267,874,497
213,294,008
215,726,226
167,400,608
Contributed capital
106,258,930
94,612,750
94,612,750
69,814,990
Retained earnings
112,631,239
112,058,113
105,372,521
80,843,101
Total equity
218,890,169
206,670,863
199,985,271
150,658,091
Total equity and liabilities
486,764,667
419,964,871
415,711,498
318,058,699

Classification

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.
28.9
Main industrial group
Manufacture of other special-purpose machinery
28.91
Industrial group
Manufacture of machinery for metallurgy
28.910
Industrial group
Manufacture of machinery for metallurgy