ULEFOS AS
Keywords
castingironiron castingsnodular graphiteadused castingspipescast iron fittings.
Organization
- CEO
- MS
Martin Sagen1971
- Chairman of the board
- CD
- Years since formation
- 26 years
- since Sep 24, 1999
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 230
Ownership
- Number of shares and share classes
- 50,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 646,091,448
- NOK
- Annual total result 2024
- -1,464,089
- NOK
- Total equity 2024
- 125,769,128
- NOK
Last update: Jul 21, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MS 1971 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
CD | Chairman | 41.12 % indirectly |
JV 1978 | Board Member | - |
RS 1971 | Board Member | - |
JA 1978 | Board Member | - |
| Alternate Member | - | |
OI | Alternate Member | - |
WD 1968 | Alternate Member | - |
KM 1973 | Board Member | - |
LB | Alternate Member | - |
KD | Board Member | - |
JD | Alternate Member | 58.88 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
JD | Alternate Member | 58.88 % indirectly |
CD | Chairman | 41.12 % indirectly |
Last update: Sep 23, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 50,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 10,000Operating profit 2023: NOK -140,000Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 646,091,448 | 627,629,430 | 647,860,256 | 558,569,938 |
Annual Total Result | -1,464,089 | 12,769,394 | 8,475,407 | 12,812,206 |
Total assets | 329,498,845 | 311,167,116 | 326,935,743 | 242,421,114 |
Total liabilities | 203,729,717 | 183,933,899 | 195,945,931 | 119,906,710 |
Total equity | 125,769,128 | 127,233,217 | 130,989,812 | 122,514,404 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 646,091,448 | 627,629,430 | 647,860,256 | 558,569,938 |
Total operating costs | 640,622,510 | 606,180,167 | 633,726,548 | 541,889,777 |
Operating result | 5,468,938 | 21,449,263 | 14,133,708 | 16,680,161 |
Financial income/costs | -7,116,702 | -4,832,994 | -3,109,842 | -216,854 |
Profit before tax | -1,647,764 | 16,616,268 | 11,023,865 | 16,463,306 |
Total tax & extraordinary income/cost | -183,675 | 3,846,874 | 2,548,458 | 3,651,100 |
Annual Total Result | -1,464,089 | 12,769,394 | 8,475,407 | 12,812,206 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 84,737,882 | 79,233,673 | 66,558,253 | 53,076,210 |
Total current assets | 244,760,963 | 231,933,443 | 260,377,490 | 189,344,904 |
Total assets | 329,498,845 | 311,167,116 | 326,935,743 | 242,421,114 |
Short term debt | 193,706,494 | 181,282,500 | 192,130,478 | 114,321,162 |
Long term debt | 10,023,223 | 2,651,400 | 3,815,454 | 5,585,549 |
Total liabilities | 203,729,717 | 183,933,899 | 195,945,931 | 119,906,710 |
Contributed capital | 70,073,435 | 70,073,435 | 70,073,435 | 70,073,435 |
Retained earnings | 55,695,693 | 57,159,782 | 60,916,376 | 52,440,969 |
Total equity | 125,769,128 | 127,233,217 | 130,989,812 | 122,514,404 |
Total equity and liabilities | 329,498,845 | 311,167,116 | 326,935,743 | 242,421,114 |
Classification
Category
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
24
Activity
Manufacture of basic metals
24.5
Main industrial group
Casting of metals
24.51
Industrial group
Casting of iron
24.510
Industrial group
Casting of iron