/ Textiles
MANDALS AS
Mandals AS: Homepage
Mandals specialize in the manufacturing of high-quality lay-flat hoses and circular shuttle looms. We are based in Mandal, on the southern coast of Norway.
Keywords
productionwovenribbonsstretch canvasfire hosesdrive beltstransport beltsscreen clothfilter cloth
Organization
- CEO
- TF
- Chairman of the board
- LI
- Years since formation
- 13 years
- since Jun 4, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 87
Ownership
- Number of shares and share classes
- 25,300
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2023
- 278,929,482
- NOK
- Annual total result 2023
- 12,351,815
- NOK
- Total equity 2023
- 236,603,345
- NOK
Last update: Jun 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TF | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
LI | Chairman | - |
AR 1969 | Board Member | - |
AO | Board Member | - |
VF | Board Member | - |
LL | Board Member | - |
TF | Board Member | - |
SM 1968 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: May 17, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 25,300 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 278,929,482 | 234,514,470 | 213,403,096 |
Annual Total Result | 12,351,815 | 7,061,474 | 12,181,626 |
Total assets | 283,080,385 | 277,121,532 | 277,675,251 |
Total liabilities | 46,477,039 | 45,808,528 | 53,423,721 |
Total equity | 236,603,345 | 231,313,004 | 224,251,530 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 278,929,482 | 234,514,470 | 213,403,096 |
Total operating costs | 260,556,193 | 226,024,589 | 198,517,471 |
Operating result | 18,373,288 | 8,489,881 | 14,885,624 |
Financial income/costs | -2,294,950 | 894,299 | 678,182 |
Profit before tax | 16,078,338 | 9,384,180 | 15,563,806 |
Total tax & extraordinary income/cost | 3,726,523 | 2,322,706 | 3,382,180 |
Annual Total Result | 12,351,815 | 7,061,474 | 12,181,626 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 112,035,847 | 117,003,130 | 122,306,059 |
Total current assets | 171,044,538 | 160,118,402 | 155,369,192 |
Total assets | 283,080,385 | 277,121,532 | 277,675,251 |
Short term debt | 46,477,039 | 45,808,528 | 53,423,721 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 46,477,039 | 45,808,528 | 53,423,721 |
Contributed capital | 193,292,000 | 193,292,000 | 193,292,000 |
Retained earnings | 43,311,345 | 38,021,004 | 30,959,530 |
Total equity | 236,603,345 | 231,313,004 | 224,251,530 |
Total equity and liabilities | 283,080,385 | 277,121,532 | 277,675,251 |
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
13
Activity
Manufacture of textiles
13.9
Main industrial group
Manufacture of other textiles
13.96
Industrial group
Manufacture of other technical and industrial textiles
13.960
Industrial group
Manufacture of other technical and industrial textiles