KONGSBERG SATELLITE SERVICES AS
Operating
KSAT - Kongsberg Satellite Services
KSAT is a world leading provider of communication services for spacecraft and launch vehicles from our uniquely located global ground network, and provides advanced monitoring services with rapid delivery based on multiple satellite missions.
Utvikle og levere tjenester til eiere og operatører av
polarbane-satellitter, samt eie og delta i andre selskap som driver
lignende virksomhet, samt alt som står i forbindelse hermed.
 
Keywords
operationmaintenancefacilitiesvoicedatatextsoundvideodistributiondata signalstelevision signalsaccessinternetnetwork
Organization
- CEO
- RSRolf Skatteboe1960 
- Chairman of the board
- MTMorten Tengs1961 
- Years since formation
- 23 years
- since Feb 7, 2002
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 518
Ownership
- Number of shares and share classes
- 2,000,000
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 1,890,570,000
- NOK
- Annual total result 2024
- 282,851,000
- NOK
- Total equity 2024
- 1,873,755,000
- NOK
Last update: Oct 15, 2025
Management
Management / administration
| Name | Role | Shares | 
|---|---|---|
| RS 1960 | Managing Director/CEO | - | 
Board
| Name | Role | Shares | 
|---|---|---|
| EA 1961 | Board Member | - | 
| GS | Board Member | - | 
| MS | Board Member | - | 
| Board Member | - | |
| MH | Alternate Member | - | 
| EL 1966 | Deputy Chair | - | 
| OM | Alternate Member | - | 
| VT 1982 | Board Member | - | 
| MT 1961 | Chairman | - | 
| KV | Alternate Member | - | 
| ME | Board Member | - | 
| MS | Board Member | - | 
Others
| Name | Role | Shares | 
|---|---|---|
| Auditor | - | 
Last update: Feb 15, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 1,000,000 | 50 % | |
| Ordinary shares | 1,000,000 | 50 % | 
Shares owned by the KONGSBERG SATELLITE SERVICES AS
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 1,000,000 | 100 % | |
| Ordinary shares | 33,353 | 70.01 % | 
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 1,890,570,000Operating profit 2024: NOK 332,406,000Employees: 518
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Total operating income | 1,890,570,000 | 1,736,580,000 | 1,434,330,000 | 
| Annual Total Result | 282,851,000 | 307,188,000 | 302,183,000 | 
| Total assets | 3,130,513,000 | 2,786,025,000 | 2,301,636,000 | 
| Total liabilities | 1,256,758,000 | 1,095,122,000 | 867,920,000 | 
| Total equity | 1,873,755,000 | 1,690,903,000 | 1,433,716,000 | 
P&L
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Total operating income | 1,890,570,000 | 1,736,580,000 | 1,434,330,000 | 
| Total operating costs | 1,558,164,000 | 1,366,759,000 | 1,075,192,000 | 
| Operating result | 332,406,000 | 369,821,000 | 359,138,000 | 
| Financial income/costs | 7,207,000 | 765,000 | 6,039,000 | 
| Profit before tax | 339,613,000 | 370,586,000 | 365,177,000 | 
| Total tax & extraordinary income/cost | 56,762,000 | 63,398,000 | 62,994,000 | 
| Annual Total Result | 282,851,000 | 307,188,000 | 302,183,000 | 
Balance overview
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Total fixed assets | 2,288,534,000 | 1,902,658,000 | 1,562,891,000 | 
| Total current assets | 841,979,000 | 883,367,000 | 738,745,000 | 
| Total assets | 3,130,513,000 | 2,786,025,000 | 2,301,636,000 | 
| Short term debt | 1,106,141,000 | 939,062,000 | 697,494,000 | 
| Long term debt | 150,617,000 | 156,060,000 | 170,426,000 | 
| Total liabilities | 1,256,758,000 | 1,095,122,000 | 867,920,000 | 
| Contributed capital | 22,892,000 | 22,892,000 | 22,892,000 | 
| Retained earnings | 1,850,863,000 | 1,668,011,000 | 1,410,824,000 | 
| Total equity | 1,873,755,000 | 1,690,903,000 | 1,433,716,000 | 
| Total equity and liabilities | 3,130,513,000 | 2,786,025,000 | 2,301,636,000 | 
Classification
21st company classification
BETA
Industrial large enterprise
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1120
Public incorporated enterprises, owned by central government
Standard industrial classification
J
Main industrial area
Information and communication
61
Activity
Telecommunications
61.1
Main industrial group
Wired telecommunications activities
61.10
Industrial group
Wired telecommunications activities
61.100
Industrial group
Wired telecommunications activities