MAPEI AS

Keywords

productionphotographic platesfilmphotosensitive paperchemical preparationsphotographicgelatingelatin derivativespeptonespeptone derivativessoft solderingbrazingactivated carbonlubricating oil additivesrubber acceleratorscatalystschemical productsanti-knock agentsantifreezehydrauliclaboratory reagentsinksmarkers

Organization

CEO: TO
Trond Olav Hagerud1962
Chairman of the board: VS
Veronica Squinzi1972
Years since formation: 30 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 239

Ownership

Number of shares and share classes: 229,990; 1 share class
Total number of shareholders: 2; 1 company, 1 person
Belongs to group of

Financials

Total operating income 2024: 1,341,777,000; NOK
Annual total result 2024: 34,083,000; NOK
Total equity 2024: 403,146,000; NOK

Last update: Aug 12, 2025

Management

Management / administration

Name	Role	Shares
TO Trond Olav Hagerud 1962	Managing Director/CEO	-

Board

Name	Role	Shares
VS Veronica Squinzi 1972	Chairman	-
MS Marco Squinzi 1971	Deputy Chair	-
TO Trond Olav Hagerud 1962	Board Member	-
EB Espen Bothner 1968	Board Member	-
KB Kine Buchholdt Jonassen 1978	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
MS Mapei Spa	A-shares	229,910	99.97 %
C CMC PARTNERS AS	A-shares	80	0.03 %

Shares owned by the MAPEI AS

Name	Share class	Total number of shares	Share
R Resconsult A/S	Ordinary shares	1,200	100 %
S STOREBRAND ASA	NO0003053605	859	< 0.01 %

Last update: Jun 2, 2025

Group structure

MAPEI AS
Total operating income 2024: NOK 1,341,777,000
Operating profit 2024: NOK 87,097,000
Employees: 239

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	1,341,777,000	1,264,270,000	1,191,573,368	1,010,958,447
Annual Total Result	34,083,000	21,767,000	9,292,201	36,666,426
Total assets	782,401,000	771,305,000	749,326,421	681,610,820
Total liabilities	379,255,000	402,242,000	402,030,372	343,606,972
Total equity	403,146,000	369,063,000	347,296,049	338,003,848

P&L

Year	2024	2023	2022	2021
Total operating income	1,341,777,000	1,264,270,000	1,191,573,368	1,010,958,447
Total operating costs	1,254,680,000	1,199,341,000	1,184,388,997	965,592,464
Operating result	87,097,000	64,929,000	7,184,371	45,365,983
Financial income/costs	-36,712,000	-33,446,000	4,109,988	2,462,801
Profit before tax	50,385,000	31,483,000	11,294,359	47,828,784
Total tax & extraordinary income/cost	16,302,000	9,716,000	2,002,158	11,162,358
Annual Total Result	34,083,000	21,767,000	9,292,201	36,666,426

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	269,449,000	282,758,000	285,091,239	302,130,205
Total current assets	512,952,000	488,547,000	464,235,182	379,480,615
Total assets	782,401,000	771,305,000	749,326,421	681,610,820
Short term debt	290,792,000	261,736,000	348,273,044	266,845,307
Long term debt	88,463,000	140,506,000	53,757,328	76,761,665
Total liabilities	379,255,000	402,242,000	402,030,372	343,606,972
Contributed capital	30,711,000	30,711,000	30,710,618	30,710,618
Retained earnings	372,435,000	338,352,000	316,585,431	307,293,230
Total equity	403,146,000	369,063,000	347,296,049	338,003,848
Total equity and liabilities	782,401,000	771,305,000	749,326,421	681,610,820

MAPEI AS911 103 079

MAPEI AS

Keywords

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Ownership

Company shareholders

Shares owned by the MAPEI AS

Group structure

Financials

Summary

P&L

Balance overview

Classification