SERVOGEAR AS
Keywords
manufacturingball bearingsroller bearingspower transmission equipmenttransmissionaxlescrankscamshaftscrankshaftsbearing housingsaxle bearingsgearsgear ratiosgearboxesspeed controllerscouplings and shaft couplingsflywheelspulleysarticulated chain linkspower transmission chains
Organization
- CEO
- VH
Vermund Hjelland1970
- Chairman of the board
- OJ
Ove Johan Solem1961
- Years since formation
- 26 years
- since Feb 4, 1999
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 59
Ownership
- Number of shares and share classes
- 7,028
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 140,254,204
- NOK
- Annual total result 2024
- -12,260,511
- NOK
- Total equity 2024
- 15,091,633
- NOK
Last update: Jul 8, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
VH 1970 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
OJ 1961 | Chairman | 2 % indirectly |
AS 1966 | Board Member | - |
| Board Member | 1.33 % indirectly | |
RE 1969 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
OJ 1961 | Chairman | 2 % indirectly |
| Board Member | 1.33 % indirectly |
Last update: Mar 27, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 7,028 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 2,542,000Operating profit 2024: NOK -15,667,000Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 140,254,204 | 137,213,992 | 116,038,345 | 126,481,925 |
Annual Total Result | -12,260,511 | -25,991,660 | -5,603,198 | 770,714 |
Total assets | 145,058,656 | 158,398,072 | 99,315,723 | 93,512,448 |
Total liabilities | 129,967,023 | 131,045,930 | 78,695,350 | 67,288,877 |
Total equity | 15,091,633 | 27,352,142 | 20,620,373 | 26,223,571 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 140,254,204 | 137,213,992 | 116,038,345 | 126,481,925 |
Total operating costs | 152,236,174 | 167,236,970 | 123,742,274 | 124,654,197 |
Operating result | -11,981,970 | -30,022,978 | -7,703,929 | 1,827,728 |
Financial income/costs | -3,724,804 | -3,271,745 | -1,585,780 | -1,429,836 |
Profit before tax | -15,706,774 | -33,294,723 | -9,289,709 | 397,892 |
Total tax & extraordinary income/cost | -3,446,263 | -7,303,063 | -3,686,511 | -372,822 |
Annual Total Result | -12,260,511 | -25,991,660 | -5,603,198 | 770,714 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 25,310,386 | 25,930,576 | 24,269,579 | 16,076,255 |
Total current assets | 119,748,270 | 132,467,496 | 75,046,143 | 77,436,194 |
Total assets | 145,058,656 | 158,398,072 | 99,315,723 | 93,512,448 |
Short term debt | 127,982,014 | 128,197,844 | 76,983,905 | 41,415,623 |
Long term debt | 1,985,009 | 2,848,086 | 1,711,445 | 25,873,254 |
Total liabilities | 129,967,023 | 131,045,930 | 78,695,350 | 67,288,877 |
Contributed capital | 17,995,296 | 17,995,296 | 17,995,296 | 17,995,296 |
Retained earnings | -2,903,663 | 9,356,846 | 2,625,077 | 8,228,275 |
Total equity | 15,091,633 | 27,352,142 | 20,620,373 | 26,223,571 |
Total equity and liabilities | 145,058,656 | 158,398,072 | 99,315,723 | 93,512,448 |
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.
28.1
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