NORSE CUTTING AS
Operating
Norse Cutting AS | Spesialistene som sikrer vellykkede operasjoner
Norse Cutting AS er en gruppe fagfolk med lang og bred erfaring innen våre fagområder – samt en omfattende erfaring innen design og verktøy.
Mobil maskinering/kutting og annen servicearbeid samt alt hva som
dermed står i naturlig forbindelse.
Organization
- CEO
- TH
- Chairman of the board
- SH
Stein Hogstad1957
- Years since formation
- 11 years
- since Aug 10, 2015
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 43
Ownership
- Number of shares and share classes
- 910,400
- 2 share classes
- Total number of shareholders
- 9
- 2 companies, 7 persons
Financials
- Total operating income 2025
- 92,477,066
- NOK
- Annual total result 2025
- -7,063,221
- NOK
- Total equity 2025
- 18,162,625
- NOK
Last update: Sep 14, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TH | Managing Director/CEO | 35.15 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
SH 1957 | Chairman | - |
KE 1970 | Board Member | 19.33 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TH | Managing Director/CEO | 35.15 % indirectly |
HØ 1973 | - | 23.07 % directly |
KE 1970 | Board Member | 19.33 % indirectly |
CE 1976 | - | 15.82 % indirectly |
ST 1965 | - | 2.77 % directly |
TH 1979 | - | 2.77 % directly |
FM 1968 | - | 1.1 % directly |
Last update: Mar 10, 2026
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| A-shares | 320,000 | 35.15 % | |
| A-shares | 320,000 | 35.15 % | |
HØ 1973 | A-shares | 210,000 | 23.07 % |
ST 1965 | Class B shares | 12,600 | 1.38 % |
ST 1965 | A-shares | 12,600 | 1.38 % |
TH 1979 | A-shares | 12,600 | 1.38 % |
TH 1979 | Class B shares | 12,600 | 1.38 % |
FM 1968 | A-shares | 5,000 | 0.55 % |
FM 1968 | Class B shares | 5,000 | 0.55 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 92,477,066 | 137,220,198 | 103,529,686 | 63,842,214 | 61,931,338 |
Annual Total Result | -7,063,221 | 16,336,310 | 11,178,442 | 3,691,998 | 4,359,874 |
Total assets | 50,581,583 | 64,003,437 | 50,197,603 | 43,077,283 | 27,813,278 |
Total liabilities | 32,418,958 | 38,777,591 | 31,508,067 | 28,866,188 | 14,994,180 |
Total equity | 18,162,625 | 25,225,847 | 18,689,537 | 14,211,095 | 12,819,097 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 92,477,066 | 137,220,198 | 103,529,686 | 63,842,214 | 61,931,338 |
Total operating costs | 101,304,739 | 116,362,615 | 89,181,530 | 59,092,818 | 57,165,276 |
Operating result | -8,827,673 | 20,857,583 | 14,348,155 | 4,749,396 | 4,766,062 |
Financial income/costs | -254,786 | 92,722 | -422,016 | -158,512 | 34,725 |
Profit before tax | -9,082,458 | 20,950,305 | 13,926,140 | 4,590,884 | 4,800,787 |
Total tax & extraordinary income/cost | -2,019,237 | 4,613,995 | 2,747,698 | 898,886 | 440,913 |
Annual Total Result | -7,063,221 | 16,336,310 | 11,178,442 | 3,691,998 | 4,359,874 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 11,008,183 | 10,633,726 | 11,153,577 | 7,857,075 | 7,466,319 |
Total current assets | 39,573,400 | 53,369,711 | 39,044,026 | 35,220,208 | 20,346,959 |
Total assets | 50,581,583 | 64,003,437 | 50,197,603 | 43,077,283 | 27,813,278 |
Short term debt | 32,166,958 | 38,392,805 | 30,800,476 | 28,639,340 | 14,720,472 |
Long term debt | 252,000 | 384,786 | 707,591 | 226,848 | 273,708 |
Total liabilities | 32,418,958 | 38,777,591 | 31,508,067 | 28,866,188 | 14,994,180 |
Contributed capital | 5,118,000 | 5,118,000 | 5,118,000 | 5,118,000 | 5,118,000 |
Retained earnings | 13,044,625 | 20,107,847 | 13,571,537 | 9,093,095 | 7,701,097 |
Total equity | 18,162,625 | 25,225,847 | 18,689,537 | 14,211,095 | 12,819,097 |
Total equity and liabilities | 50,581,583 | 64,003,437 | 50,197,603 | 43,077,283 | 27,813,278 |
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