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D

DEVOLD OF NORWAY AS984 636 318

Limited company
O.A.Devold-vegen 16 6030 LANGEVÅG, Norge

DEVOLD OF NORWAY AS

Operating
Produksjon, markedsføring og omsetning av tekstilprodukter, samt alt som står i forbindelse med dette, herunder å delta i andre selskaper med lignende virksomhet.
Produksjon, markedsføring og omsetning av tekstilprodukter samt alt som står i forbindelse med dette, herunder å delta i andre selskaper med lignende virksomhet.

Organization

Chairman of the board
Years since formation
24 years
since Jun 27, 2002
Type
Limited company
VAT registered
Yes
Number of employees
39

Ownership

Number of shares and share classes
1,000
1 share class
Total number of shareholders
2
1 company, 1 person
Belongs to group of

Financials

Total operating income 2025
389,058,927
NOK
Annual total result 2025
-6,626,306
NOK
Total equity 2025
40,786,321
NOK
Last update: Oct 13, 2026

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

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

Others

NameRoleShares
C
CEDRA NORGE AS
Auditor-

Top 10 individual shareholders

NameRoleShares
-
15.75 %
indirectly
-
15.75 %
indirectly
-
3.5 %
indirectly
Last update: Oct 5, 2026

Ownership

Company shareholders

NameShare classTotal number of sharesShare
Ordinary shares
650
65 %
F
FLAKK GRUPPEN AS
Ordinary shares
350
35 %

Shares owned by the DEVOLD OF NORWAY AS

NameShare classTotal number of sharesShare
D
DEVOLD RETAIL AS
Ordinary shares
2,900
100 %
T
TOVA AS
Ordinary shares
970
61.78 %
F
FJORD NORGE AS
Ordinary shares
1
0.12 %
Last update: Sep 25, 2026

Group structure

  • Total operating income 2025: NOK 389,058,927
    Operating profit 2025: NOK 617,481
    Employees: 39

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
389,058,927
421,463,000
388,985,284
404,436,979
396,371,079
Annual Total Result
-6,626,306
118,872,000
-9,268,272
74,362,904
27,892,250
Total assets
348,840,609
434,842,000
367,157,646
294,695,007
283,583,547
Total liabilities
308,054,288
380,029,000
260,136,775
178,405,864
219,179,185
Total equity
40,786,321
54,813,000
107,020,871
116,289,143
64,404,362

P&L

Year20252024202320222021
Total operating income
389,058,927
421,463,000
388,985,284
404,436,979
396,371,079
Total operating costs
388,441,446
411,993,000
0
0
0
Operating result
617,481
9,470,000
-4,805,702
37,273,151
35,006,579
Financial income/costs
-9,069,957
109,728,000
0
0
0
Profit before tax
-8,452,476
119,198,000
-11,400,854
81,326,185
35,626,553
Total tax & extraordinary income/cost
-1,826,170
326,000
-2,132,582
6,963,281
7,734,303
Annual Total Result
-6,626,306
118,872,000
-9,268,272
74,362,904
27,892,250

Balance overview

Year20252024202320222021
Total fixed assets
255,841,446
86,043,000
82,878,408
80,280,168
88,085,125
Total current assets
92,999,163
348,799,000
284,279,238
214,414,839
195,498,422
Total assets
348,840,609
434,842,000
367,157,646
294,695,007
283,583,547
Short term debt
308,054,288
380,029,000
226,861,234
145,984,111
188,488,485
Long term debt
0
0
0
0
0
Total liabilities
308,054,288
380,029,000
260,136,775
178,405,864
219,179,185
Contributed capital
37,020,871
37,021,000
49,425,260
49,425,260
47,669,560
Retained earnings
3,765,450
17,792,000
57,595,611
66,863,883
16,734,802
Total equity
40,786,321
54,813,000
107,020,871
116,289,143
64,404,362
Total equity and liabilities
348,840,609
434,842,000
367,157,646
294,695,007
283,583,547

Classification

21st company classification
BETA
Industrial large enterprise
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