Organization
- CEO
- Chairman of the board
- AB
Andrew Brown1981
- Years since formation
- 29 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 248
Ownership
- Number of shares and share classes
- 300,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2023
- 1,567,861,155
- NOK
- Annual total result 2023
- 154,790,603
- NOK
- Total equity 2023
- 1,140,965,589
- NOK
Last update: Nov 21, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
ØA 1965 | Board Member | - |
VL 1989 | Board Member | - |
SO 1971 | Alternate Member | - |
SE | Alternate Member | - |
AS | Alternate Member | - |
| Board Member | - | |
MP 1995 | Alternate Member | - |
JK | Alternate Member | - |
AB 1981 | Chairman | - |
OO 1971 | Board Member | - |
| Board Member | - | |
SR | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Oct 5, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 300,000 | 100 % |
Shares owned by the INEOS TYSSEDAL AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 20,909 | 39.83 % | |
| Ordinary shares | 109 | 36.33 % | |
| Ordinary shares | 7 | 7.22 % | |
| Ordinary shares | 380 | 3.7 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK -5,570Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 1,567,861,155 | 2,381,334,646 | 1,968,832,621 |
Annual Total Result | 154,790,603 | 190,071,848 | 176,983,729 |
Total assets | 2,092,744,272 | 2,006,212,728 | 1,823,346,648 |
Total liabilities | 951,778,685 | 1,020,037,742 | 927,243,511 |
Total equity | 1,140,965,589 | 986,174,986 | 896,103,137 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 1,567,861,155 | 2,381,334,646 | 1,968,832,621 |
Total operating costs | 1,335,183,743 | 2,092,527,341 | 1,720,610,679 |
Operating result | 232,677,412 | 288,807,305 | 248,221,942 |
Financial income/costs | -34,304,884 | -45,145,168 | -21,456,977 |
Profit before tax | 198,372,528 | 243,662,137 | 226,764,965 |
Total tax & extraordinary income/cost | 43,581,925 | 53,590,289 | 49,781,236 |
Annual Total Result | 154,790,603 | 190,071,848 | 176,983,729 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 1,227,864,836 | 886,929,828 | 701,983,324 |
Total current assets | 864,879,436 | 1,119,282,900 | 1,121,363,324 |
Total assets | 2,092,744,272 | 2,006,212,728 | 1,823,346,648 |
Short term debt | 867,418,332 | 978,904,260 | 901,381,927 |
Long term debt | 84,360,353 | 41,133,482 | 25,861,584 |
Total liabilities | 951,778,685 | 1,020,037,742 | 927,243,511 |
Contributed capital | 467,184,593 | 467,184,593 | 467,184,593 |
Retained earnings | 673,780,996 | 518,990,393 | 428,918,544 |
Total equity | 1,140,965,589 | 986,174,986 | 896,103,137 |
Total equity and liabilities | 2,092,744,274 | 2,006,212,728 | 1,823,346,648 |
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
24.4
Main industrial group
Manufacture of basic precious and non-ferrous metals
24.45
Industrial group
Other non-ferrous metal production
24.450
Industrial group
Other non-ferrous metal production