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MANDALS AS

MANDALS AS998 281 636

Textiles
Limited company
Nordre Banegate 26 4515 MANDAL, Norge

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

Links

Organization

Chairman of the board
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 2024
220,447,214
NOK
Annual total result 2024
1,938,189
NOK
Total equity 2024
226,190,534
NOK
Last update: Jul 2, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-
Board Member-
Board Member-
Board Member-
Board Member-

Others

NameRoleShares
D
DELOITTE AS
Auditor-
Last update: May 17, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
Ordinary shares
25,300
100 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
Total operating income
220,447,214
278,929,482
234,514,470
213,403,096
Annual Total Result
1,938,189
12,351,815
7,061,474
12,181,626
Total assets
272,784,435
283,080,385
277,121,532
277,675,251
Total liabilities
46,593,901
46,477,039
45,808,528
53,423,721
Total equity
226,190,534
236,603,345
231,313,004
224,251,530

P&L

Year2024202320222021
Total operating income
220,447,214
278,929,482
234,514,470
213,403,096
Total operating costs
221,261,509
260,556,193
226,024,589
198,517,471
Operating result
-814,295
18,373,288
8,489,881
14,885,624
Financial income/costs
2,814,392
-2,294,950
894,299
678,182
Profit before tax
2,000,098
16,078,338
9,384,180
15,563,806
Total tax & extraordinary income/cost
61,909
3,726,523
2,322,706
3,382,180
Annual Total Result
1,938,189
12,351,815
7,061,474
12,181,626

Balance overview

Year2024202320222021
Total fixed assets
120,653,365
112,035,847
117,003,130
122,306,059
Total current assets
152,131,070
171,044,538
160,118,402
155,369,192
Total assets
272,784,435
283,080,385
277,121,532
277,675,251
Short term debt
46,593,901
46,477,039
45,808,528
53,423,721
Long term debt
0
0
0
0
Total liabilities
46,593,901
46,477,039
45,808,528
53,423,721
Contributed capital
193,292,000
193,292,000
193,292,000
193,292,000
Retained earnings
32,898,534
43,311,345
38,021,004
30,959,530
Total equity
226,190,534
236,603,345
231,313,004
224,251,530
Total equity and liabilities
272,784,435
283,080,385
277,121,532
277,675,251

Classification

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