UMOE ADVANCED COMPOSITES AS

Operating

Utvikling og produksjon av varer og tjenester knyttet til komposittmaterialer, herunder deltakelse i andre selskaper med lignende virksomhet.

Utvikling og produksjon av produkter laget av komposittmateriale.

Organization

CEO: LE
Lars Erik Lunøe1966
Chairman of the board: TR
Tove Røskaft1969
Years since formation: 19 years; since Oct 25, 2007
Type: Limited company
VAT registered: Yes
Number of employees: 72

Ownership

Number of shares and share classes: 37,383,133; 1 share class
Total number of shareholders: 23; 16 companies, 7 persons
Belongs to group of

Financials

Total operating income 2025: 293,827,000; NOK
Annual total result 2025: 12,688,000; NOK
Total equity 2025: 327,069,000; NOK

Last update: Jul 15, 2026

Management

Management / administration

Name	Role	Shares
LE Lars Erik Lunøe 1966	Managing Director/CEO	-

Board

Name	Role	Shares
TR Tove Røskaft 1969	Chairman	-
CP Carl Petter Finne 1971	Board Member	-
GL Gang Li 1977	Board Member	-
KO Knud Oddvar Dalaker 1967	Alternate Member	-
WL Wei-Hsuan Lin 1991	Alternate Member	-
EB Eli Bell 1974	Board Member	-
JE Jostein Eiesland 1980	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
JD Jens Dag Ulltveit-Moe 1942	-	22.57 % indirectly
RK Ragnhild Kierulf Ulltveit-Moe 1982	-	13.16 % indirectly
AU Agnes Ulltveit-Moe 2004	-	13.16 % indirectly
ØN Øyvind Nikolay Hamre 1966	-	3.51 % indirectly
XC Xi Chen 1967	-	2.04 % directly

Last update: Mar 24, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
U UMOE AS	NO0010997968	24,629,684	65.88 %
V VIOS 224 AS	NO0010997968	3,996,906	10.69 %
EF Energy Fund 1 Lp Hydrogenic	NO0010997968	3,770,290	10.09 %
S SKOTTEVIG INVEST AS	NO0010997968	1,043,271	2.79 %
U UMOE ADVANCED COMPOSITES AS	NO0010997968	961,786	2.57 %
XC Xi Chen 1967	NO0010997968	763,945	2.04 %
C CERCIS AS	NO0010997968	437,350	1.17 %
K KACIN AS	NO0010997968	364,751	0.98 %
S SKOTTEVIG INVEST 2 AS	NO0010997968	270,190	0.72 %
K KALVEHAGEN AS	NO0010997968	200,000	0.54 %
E ENGFOLK AS Under liquidation	NO0010997968	105,060	0.28 %
P PERTINENT INVEST AS	NO0010997968	105,060	0.28 %
O OEVRE AAS INVEST AS	NO0010997968	105,060	0.28 %
R ROLIGHEI AS	NO0010997968	90,060	0.24 %
H H.A. INVEST AS	NO0010997968	90,060	0.24 %
PA Per Are Birkeland 1969	NO0010997968	84,160	0.23 %
JK Jørn Kristian Løvdal 1972	NO0010997968	75,480	0.2 %
KO Knud Oddvar Dalaker 1967	NO0010997968	75,000	0.2 %
J JB SANGVIK INVEST AS	NO0010997968	74,000	0.2 %
OE Ola Engehagen 1965	NO0010997968	60,480	0.16 %
OO Odd-Keilon Osmundsen 1961	NO0010997968	50,540	0.14 %
N NEDRE GAUSEN AS	NO0010997968	15,000	0.04 %
E EIESLAND INVEST AS	NO0010997968	15,000	0.04 %

Shares owned by the UMOE ADVANCED COMPOSITES AS

Name	Share class	Total number of shares	Share
U UMOE ADVANCED COMPOSITES AS	NO0010997968	961,786	2.57 %
K K2 GRÜNDERLAB AS	Ordinary shares	190	0.45 %

Last update: Jun 2, 2025

Group structure

UMOE GRUPPEN AS
Total operating income 2025: NOK 0
Operating profit 2025: NOK -3,503,000
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	293,827,000	335,769,000	332,684,000	220,304,000	150,373,000
Annual Total Result	12,688,000	49,533,000	63,167,000	24,278,000	11,481,000
Total assets	478,557,000	391,780,000	380,151,000	223,956,000	176,175,000
Total liabilities	151,488,000	83,663,000	117,312,000	95,797,000	72,295,000
Total equity	327,069,000	308,117,000	262,840,000	128,159,000	103,880,000

P&L

Year	2025	2024	2023	2022	2021
Total operating income	293,827,000	335,769,000	332,684,000	220,304,000	150,373,000
Total operating costs	278,067,000	275,384,000	251,899,000	190,204,000	136,211,000
Operating result	15,760,000	60,385,000	80,785,000	30,100,000	14,162,000
Financial income/costs	24,000	2,009,000	-195,000	644,000	-611,000
Profit before tax	15,784,000	62,394,000	80,590,000	30,744,000	13,551,000
Total tax & extraordinary income/cost	3,096,000	12,861,000	17,423,000	6,466,000	2,070,000
Annual Total Result	12,688,000	49,533,000	63,167,000	24,278,000	11,481,000

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	186,517,000	187,649,000	174,012,000	72,325,000	61,565,000
Total current assets	292,040,000	204,131,000	206,139,000	151,631,000	114,610,000
Total assets	478,557,000	391,780,000	380,151,000	223,956,000	176,175,000
Short term debt	135,675,000	61,047,000	83,799,000	63,105,000	40,895,000
Long term debt	15,813,000	22,616,000	33,513,000	32,692,000	31,400,000
Total liabilities	151,488,000	83,663,000	117,312,000	95,797,000	72,295,000
Contributed capital	188,023,000	181,760,000	173,309,000	92,399,000	92,399,000
Retained earnings	139,046,000	126,357,000	89,531,000	35,760,000	11,481,000
Total equity	327,069,000	308,117,000	262,840,000	128,159,000	103,880,000
Total equity and liabilities	478,557,000	391,780,000	380,152,000	223,956,000	176,175,000

Classification

21st company classification

BETA

Industrial daughter company

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

UMOE ADVANCED COMPOSITES AS991 862 692