HD HYUNDAI INFRACORE NORWAY AS

Heavy Equipment and Construction Machines | Develon Europe

Develon Europe is a global industry leader in the engineering, manufacturing and marketing of compact and heavy construction equipment.

Keywords

productionelevatorsconveyor beltsmachinesdrillingcuttingloweringtunnel boringsiftingsortingwashingcrushingconcrete mixersmortar mixersbulldozersangle dozerssorting machinesgradersexcavatorsloadersram truckspile driversmortar spreadersasphalt spreaderstracked vehiclestractorsdump trucks

Organization

CEO: YK
Yun Ki Kim1973
Chairman of the board: JW
Ji Won Kim1985
Years since formation: 22 years; since Mar 25, 2003
Type: Limited company
VAT registered: Yes
Number of employees: 149

Ownership

Number of shares and share classes: 873,606; 1 share class
Total number of shareholders: 1; person

Financials

Total operating income 2024: 868,034,858; NOK
Annual total result 2024: -16,841,528; NOK
Total equity 2024: 60,153,806; NOK

Last update: Jul 14, 2025

Management

Management / administration

Name	Role	Shares
YK Yun Ki Kim 1973	Managing Director/CEO	-

Board

Name	Role	Shares
YK Yun Ki Kim 1973	Board Member	-
PI Pål Inge Nøsavik 1967	Board Member	-
RH Robert Håseth 1983	Alternate Member	-
HH Henry Holen 1965	Board Member	-
GE Geir Even Svenøy Austigard 1990	Alternate Member	-
JW Ji Won Kim 1985	Chairman	-
DK Dongmi Kim 1980	Board Member	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-

Last update: May 20, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
HH Hd Hyundai Infracore Co. Ltd	Ordinary shares	873,606	100 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	868,034,858	1,004,889,283	729,339,690	433,529,583
Annual Total Result	-16,841,528	6,362,399	2,808,846	-56,411,091
Total assets	454,300,392	488,938,553	399,899,365	310,556,573
Total liabilities	394,146,587	411,943,219	329,266,430	242,732,484
Total equity	60,153,806	76,995,334	70,632,935	67,824,089

P&L

Year	2024	2023	2022	2021
Total operating income	868,034,858	1,004,889,283	729,339,690	433,529,583
Total operating costs	859,780,766	985,795,815	715,024,369	487,548,922
Operating result	8,254,091	19,093,468	14,315,321	-54,019,338
Financial income/costs	-25,095,619	-12,731,070	-11,506,475	-3,245,353
Profit before tax	-16,841,528	6,362,399	2,808,846	-57,264,691
Total tax & extraordinary income/cost	0	0	0	-853,600
Annual Total Result	-16,841,528	6,362,399	2,808,846	-56,411,091

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	145,863,890	137,488,439	130,812,311	134,222,403
Total current assets	308,436,503	351,450,114	269,087,054	176,334,170
Total assets	454,300,392	488,938,553	399,899,365	310,556,573
Short term debt	393,819,833	384,619,154	269,312,977	230,730,788
Long term debt	326,754	27,324,065	59,953,453	12,001,696
Total liabilities	394,146,587	411,943,219	329,266,430	242,732,484
Contributed capital	873,606,000	873,606,000	873,606,000	873,606,000
Retained earnings	-813,452,194	-796,610,666	-802,973,065	-805,781,911
Total equity	60,153,806	76,995,334	70,632,935	67,824,089
Total equity and liabilities	454,300,392	488,938,553	399,899,365	310,556,573

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