NORWEGIAN AIR AS • 926283227 • Lysaker • Repair and installation of machinery and equipment

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Goods and trade

NORWEGIAN AIR AS

Keywords

repairmaintenanceaircraftspacecraftaircraft engines

Organization

Chairman of the board: MM
Magnus Thome Maursund1981
Years since formation: 4 years; since Dec 21, 2020
Type: Limited company
VAT registered: Yes
Number of employees: 504

Ownership

Number of shares and share classes: 5,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 4,426,331,000; NOK
Annual total result 2023: 539,242,000; NOK
Total equity 2023: 3,699,926,000; NOK

Last update: Oct 14, 2024

Management

Board

Name	Role	Shares
HW Hans-Jørgen Wibstad 1964	Board Member	-
MM Magnus Thome Maursund 1981	Chairman	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
CS Christian Gruner Sundt 1977	-	4.64 % indirectly
EH Else Helene Sundt 1979	-	4.64 % indirectly

Last update: Jul 25, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
N NORWEGIAN AIR SHUTTLE ASA	Ordinary shares	5,000	100 %

Shares owned by the NORWEGIAN AIR AS

Name	Share class	Number of shares	Share
N NORWEGIAN AIR SHUTTLE AOC AS	Ordinary shares	4,000	100 %
R RED HANDLING NORWAY AS	Ordinary shares	3,000	100 %

Last update: May 24, 2024

Group structure

NORWEGIAN AIR SHUTTLE ASA
Total operating income 2023: NOK 822,000,000
Operating profit 2023: NOK -1,212,000,000
Employees: 140

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	4,426,331,000	495,021,000	9,727,000
Annual Total Result	539,242,000	-1,212,635,000	-99,398,000
Total assets	11,740,422,000	6,217,442,000	4,287,330,000
Total liabilities	8,040,496,000	7,605,778,000	4,463,055,000
Total equity	3,699,926,000	-1,388,336,000	-175,726,000

P&L

Year	2023	2022	2021
Total operating income	4,426,331,000	495,021,000	9,727,000
Total operating costs	3,045,080,000	2,386,276,000	237,609,000
Operating result	1,381,251,000	-1,891,255,000	-227,881,000
Financial income/costs	-47,926,000	678,621,000	128,483,000
Profit before tax	1,333,325,000	-1,212,635,000	-99,398,000
Total tax & extraordinary income/cost	794,083,000	0	0
Annual Total Result	539,242,000	-1,212,635,000	-99,398,000

Balance overview

Year	2023	2022	2021
Total fixed assets	5,576,572,000	4,727,800,000	4,017,907,000
Total current assets	6,163,850,000	1,489,643,000	269,423,000
Total assets	11,740,422,000	6,217,442,000	4,287,330,000
Short term debt	7,255,917,000	7,605,778,000	4,418,824,000
Long term debt	784,579,000	0	44,231,000
Total liabilities	8,040,496,000	7,605,778,000	4,463,055,000
Contributed capital	4,811,107,000	2,454,000	2,430,000
Retained earnings	-1,111,181,000	-1,390,790,000	-178,156,000
Total equity	3,699,926,000	-1,388,336,000	-175,726,000
Total equity and liabilities	11,740,422,000	6,217,442,000	4,287,330,000

Classification

Category

Goods and trade

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

33

Activity

Repair and installation of machinery and equipment

33.1

Main industrial group

Repair of fabricated metal products, machinery and equipment

33.16

Industrial group

Repair and maintenance of aircraft and spacecraft

33.160

Industrial group

Repair and maintenance of aircraft and spacecraft