Norsk Hydro ASA

Operating

Hydro – Industries that matter

Hydro is a leading aluminium and renewable energy company that builds businesses and partnerships for a more sustainable future. We have 33,000 employees in more than 140 locations and 40 countries.

Drive industri, handel og transport, og å nyttig- gjøre energi og råstofforekomster, samt å drive annen virksomhet i forbindelse med disse formål. Virksomheten kan også drives ved deltagelse i eller i samarbeid med andre foretagender.

Organization

CEO: EK
Eivind Kallevik1967
Chairman of the board: RB
Rune Bjerke1960
Years since formation: 31 years; since Feb 19, 1995
Type: Public limited company
VAT registered: Yes
Number of employees: 400

Ownership

Number of shares and share classes: 1,978,489,136; 1 share class
Total number of shareholders: 52664; 1,724 companies, 50,940 persons
Belongs to group of

Financials

Total operating income 2025: 154,000,000; NOK
Annual total result 2025: 5,880,000,000; NOK
Total equity 2025: 54,480,000,000; NOK

Last update: Sep 14, 2026

Management

Management / administration

Name	Role	Shares
EK Eivind Kallevik 1967	Managing Director/CEO	-

Board

Name	Role	Shares
RB Rune Bjerke 1960	Chairman	-
MW Marianne Wiinholt 1965	Board Member	-
KF Kristin Fejerskov Kragseth 1967	Board Member	-
PG Philip Graham New 1962	Board Member	-
AB Arve Baade 1967	Board Member	-
BP Bjørn Petter Moxnes 1960	Board Member	-
TS Torleif Sand 1967	Alternate Member	-
MS Margunn Sundve 1971	Board Member	-
MS Morten Sundheim Jensen 1978	Alternate Member	-
AH Aud Helen Halvorsen 1966	Alternate Member	-
TJ Tor Jørgen Sætrevik 1974	Alternate Member	-
JE Jane Elizabeth Toogood 1965	Board Member	-
EG Espen Gundersen 1964	Board Member	-
KW Kim Wahl 1960	Board Member	-
EM Ellen Merete Olstad 1963	Board Member	-
LS Lina Sjølseth 1994	Alternate Member	-
SA Solveig Aalde Bark 1967	Alternate Member	-
JE Jan Einan 1969	Alternate Member	-
KS Kjirsti Stø Eide 1962	Alternate Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-

Last update: Feb 18, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
N NÆRINGS- OG FISKERIDEPARTEMENTET	Ordinary shares	677,855,665	34.26 %
F FOLKETRYGDFONDET	Ordinary shares	143,217,186	7.24 %
V VERDIPAPIRFONDET KLP AKSJENORGE INDEKS	Ordinary shares	14,277,557	0.72 %
V VERDIPAPIRFONDET DNB NORGE INDEKS	Ordinary shares	14,156,660	0.72 %
N Norsk Hydro ASA	Ordinary shares	13,210,806	0.67 %
V VERDIPAPIRFONDET STOREBRAND NORGE INSTITUSJON	Ordinary shares	12,500,210	0.63 %
V VERDIPAPIRFONDET STOREBRAND INDEKS - NORGE	Ordinary shares	12,486,048	0.63 %
V VERDIPAPIRFONDET DNB AM NORSKE AKSJER	Ordinary shares	8,474,547	0.43 %
K KOMMUNAL LANDSPENSJONSKASSE GJENSIDIG FORSIKRINGSSELSKAP	Ordinary shares	6,597,689	0.33 %
V VERDIPAPIRFONDET KLP AKSJENORGE AKTIV	Ordinary shares	5,483,699	0.28 %
V VERDIPAPIRFONDET ALFRED BERG INDEKS	Ordinary shares	4,945,480	0.25 %
O OSLO PENSJONSFORSIKRING AS	Ordinary shares	4,878,624	0.25 %
V VERDIPAPIRFONDET EQUINOR AKSJER NORGE	Ordinary shares	4,342,280	0.22 %
S STOREBRAND LIVSFORSIKRING AS	Ordinary shares	3,711,366	0.19 %
V VERDIPAPIRFONDET ALFRED BERG NORGE RESTRICTED	Ordinary shares	3,267,358	0.17 %
V VERDIPAPIRFONDET STOREBRAND NORGE	Ordinary shares	3,152,212	0.16 %
P PARETO AKSJE NORGE VERDIPAPIRFOND	Ordinary shares	3,061,400	0.15 %
V VERDIPAPIRFONDET ALFRED BERG NORGE	Ordinary shares	2,701,177	0.14 %
V VERDIPAPIRFONDET EIKA NORGE	Ordinary shares	2,532,621	0.13 %
D DNB BANK ASA	Ordinary shares	2,482,202	0.13 %
V VERDIPAPIRFONDET EIKA SPAR	Ordinary shares	2,186,864	0.11 %
F FORSVARETS PERSONELLSERVICE	Ordinary shares	1,849,240	0.09 %
V VERDIPAPIRFONDET STOREBRAND AKSJE INNLAND	Ordinary shares	1,767,865	0.09 %
M MP PENSJON PK	Ordinary shares	1,696,070	0.09 %
V VERDIPAPIRFONDET DNB OBX	Ordinary shares	1,568,020	0.08 %
V VERDIPAPIRFONDET STOREBRAND NORGE HORISONT	Ordinary shares	1,351,121	0.07 %
V VERDIPAPIRFONDET STOREBRAND VERDI	Ordinary shares	1,302,419	0.07 %
A AUBERT INVEST AS	Ordinary shares	1,185,158	0.06 %
V VERDIPAPIRFONDET FONDSFINANS NORGE	Ordinary shares	1,000,000	0.05 %
T TELENOR PENSJONSKASSE	Ordinary shares	1,000,000	0.05 %
A ARNE STANG INVEST AS	Ordinary shares	1,000,000	0.05 %
V VERDIPAPIRFONDET DNB NORDEN INDEKS	Ordinary shares	979,946	0.05 %
V VERDIPAPIRFONDET KLP AKSJENORDEN INDEKS	Ordinary shares	617,596	0.03 %
N NOVE INVEST AS	Ordinary shares	616,000	0.03 %
V VERDIPAPIRFONDET DELPHI NORGE	Ordinary shares	492,766	0.02 %
S SIGURD SIVERTSEN AS	Ordinary shares	488,800	0.02 %
A ANAXO CAPITAL AS	Ordinary shares	471,901	0.02 %
V VERDIPAPIRFONDET C WORLDWIDE NORGE III	Ordinary shares	468,164	0.02 %
V VERDIPAPIRFONDET ALFRED BERG NORDIC INDEX	Ordinary shares	462,965	0.02 %
V VERDIPAPIRFONDET STOREBRAND INDEKS - NORDEN	Ordinary shares	462,648	0.02 %
PM Petter Mathiassen Lars 1977	Ordinary shares	450,000	0.02 %
V VERDIPAPIRFONDET EIKA BALANSERT	Ordinary shares	388,973	0.02 %
KR Kjørsvik Roy 1966	Ordinary shares	385,000	0.02 %
N NORDNET LIVSFORSIKRING AS	Ordinary shares	353,127	0.02 %
JR Johan Rasmussen Einar 1937	Ordinary shares	350,000	0.02 %
E EIKA UTBYTTE - VERDIPAPIRFOND	Ordinary shares	333,883	0.02 %
V VERDIPAPIRFONDET STOREBRAND GLOBAL INDEKS	Ordinary shares	312,361	0.02 %
V VERDIPAPIRFONDET KLP AKSJENORDEN MER SAMFUNNSANSVAR	Ordinary shares	308,459	0.02 %
J JAKOB HATTELAND HOLDING AS	Ordinary shares	302,500	0.02 %
H HATHON HOLDING AS	Ordinary shares	300,000	0.02 %
V VERDIPAPIRFONDET KLP AKSJEGLOBAL INDEKS	Ordinary shares	279,049	< 0.01 %
AH Andreas Halvorsen Ole 1961	Ordinary shares	255,099	< 0.01 %
K KRISTIANSAND KOMMUNALE PENSJONSKASSE	Ordinary shares	253,500	< 0.01 %
S STETINA INVEST AS	Ordinary shares	250,000	< 0.01 %
B BARRUS CAPITAL AS	Ordinary shares	250,000	< 0.01 %
C CORTEX AS	Ordinary shares	250,000	< 0.01 %
S SONJA OG EMIL AUBERTS LEGAT STI	Ordinary shares	243,482	< 0.01 %
A AMBLE INVESTMENT AS	Ordinary shares	230,000	< 0.01 %
SS Sivertsen Sigurd 1957	Ordinary shares	227,012	< 0.01 %
O ODD ERIK HANSEN INVEST AS	Ordinary shares	220,000	< 0.01 %
A ANDA AS	Ordinary shares	200,000	< 0.01 %
D DEN NORSKE HANDELSSTANDS UNDERSTØTTELSESFOND STI	Ordinary shares	190,676	< 0.01 %
S STRONG AS	Ordinary shares	180,000	< 0.01 %
B BKK PENSJONSKASSE	Ordinary shares	172,300	< 0.01 %
V VERDIPAPIRFONDET DNB BARNEFOND	Ordinary shares	171,198	< 0.01 %
MA Merete Aasheim Hilde 1958	Ordinary shares	163,282	< 0.01 %
BE Buck Edwardsen Harald 1951	Ordinary shares	158,000	< 0.01 %
D DIRECTMARKETING INVEST AS	Ordinary shares	153,921	< 0.01 %
A AWAM 1 AS	Ordinary shares	153,700	< 0.01 %
D DIANOVA AS	Ordinary shares	152,414	< 0.01 %
MA Moss Arvid 1958	Ordinary shares	151,509	< 0.01 %
S SES AS	Ordinary shares	150,000	< 0.01 %
D DNB BANK ASA	Ordinary shares	149,698	< 0.01 %
S STIFTELSEN BACKE, VAUVERT OG HOVUNDS FOND	Ordinary shares	144,976	< 0.01 %
B BRØDR MYHRE AS	Ordinary shares	144,000	< 0.01 %
V VERDIPAPIRFONDET C WORLDWIDE NORGE	Ordinary shares	134,683	< 0.01 %
ME Moe Eilif 1949	Ordinary shares	131,100	< 0.01 %
V VERDIPAPIRFONDET EQUINOR AKSJER NORDEN	Ordinary shares	130,000	< 0.01 %
H HAMJERN INVEST AS	Ordinary shares	130,000	< 0.01 %
KØ Karsten Øygard Joar 1973	Ordinary shares	126,710	< 0.01 %
S SPAREBANKSTIFTELSEN SMN	Ordinary shares	125,226	< 0.01 %
S SCHERER AS	Ordinary shares	125,000	< 0.01 %
L LANDSORGANISASJONEN I NORGE	Ordinary shares	124,104	< 0.01 %
AE Anker-Olsen Erik 1956	Ordinary shares	123,000	< 0.01 %
S SIGVAL BERGESEN DY'S FAMILIELEGAT STI	Ordinary shares	122,500	< 0.01 %
WH Walter Holst Carl 1970	Ordinary shares	120,000	< 0.01 %
A AMETA III AS	Ordinary shares	120,000	< 0.01 %
V VERDIPAPIRFONDET PLUSS MARKEDSVERDI	Ordinary shares	119,379	< 0.01 %
AL Aarnes Leif 1947	Ordinary shares	116,239	< 0.01 %
AE Aanestad Egil 1960	Ordinary shares	115,000	< 0.01 %
JO Joakim Olsrud Per 1957	Ordinary shares	112,160	< 0.01 %
KE Kallevik Eivind 1967	Ordinary shares	111,605	< 0.01 %
V VERDIPAPIRFONDET KLP AKSJEEUROPA INDEKS	Ordinary shares	111,357	< 0.01 %
RA Rangen Arvid 1949	Ordinary shares	111,000	< 0.01 %
S STIFTELSEN UNI	Ordinary shares	110,400	< 0.01 %
SR Syvertsen Ragnar 1938	Ordinary shares	110,000	< 0.01 %
F FRED OLSEN & CO'S HJELPEFOND STI	Ordinary shares	108,695	< 0.01 %
F FREMTIND FORSIKRING AS	Ordinary shares	106,400	< 0.01 %
W WITTUSEN & JENSEN AS	Ordinary shares	106,250	< 0.01 %
ÅL Åge Lie Kjell 1957	Ordinary shares	104,197	< 0.01 %

Shares owned by the Norsk Hydro ASA

Name	Share class	Total number of shares	Share
I INDUSTRIFORSIKRING AS	Ordinary shares	50,000	100 %
H HYDRO ALUMINIUM AS	Ordinary shares	7,236,126	100 %
H HYDRO ENERGI AS	Ordinary shares	2,200,000	100 %
H HYDRO KAPITALFORVALTNING AS	Ordinary shares	1,000	100 %
D DATAKORTET AS	Ordinary shares	50	9.26 %
A ASKI AS	Ordinary shares	30	4.65 %
N Norsk Hydro ASA	Ordinary shares	13,210,806	0.67 %
G GLØDE UTVIKLING AS	Ordinary shares	2,960	0.09 %

Last update: Sep 25, 2026

Group structure

Norsk Hydro ASA
Total operating income 2025: NOK 154,000,000
Operating profit 2025: NOK -895,000,000
Employees: 400

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	154,000,000	89,000,000	165,000,000	219,000,000	261,000,000
Annual Total Result	5,880,000,000	12,792,000,000	15,064,000,000	4,896,000,000	1,816,000,000
Total assets	110,119,000,000	101,468,000,000	107,250,000,000	105,603,000,000	105,429,000,000
Total liabilities	55,639,000,000	46,381,000,000	58,920,000,000	65,290,000,000	54,951,000,000
Total equity	54,480,000,000	55,087,000,000	48,330,000,000	40,313,000,000	50,478,000,000

P&L

Year	2025	2024	2023	2022	2021
Total operating income	154,000,000	89,000,000	165,000,000	219,000,000	261,000,000
Total operating costs	1,049,000,000	996,000,000	849,000,000	884,000,000	751,000,000
Operating result	-895,000,000	-907,000,000	-684,000,000	-665,000,000	-490,000,000
Financial income/costs	6,978,000,000	13,781,000,000	15,898,000,000	5,786,000,000	2,409,000,000
Profit before tax	6,083,000,000	12,874,000,000	15,214,000,000	5,121,000,000	1,919,000,000
Total tax & extraordinary income/cost	203,000,000	82,000,000	150,000,000	225,000,000	103,000,000
Annual Total Result	5,880,000,000	12,792,000,000	15,064,000,000	4,896,000,000	1,816,000,000

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	81,982,000,000	80,290,000,000	79,567,000,000	79,587,000,000	76,887,000,000
Total current assets	28,137,000,000	21,178,000,000	27,683,000,000	26,016,000,000	28,542,000,000
Total assets	110,119,000,000	101,468,000,000	107,250,000,000	105,603,000,000	105,429,000,000
Short term debt	29,896,000,000	30,757,000,000	38,128,000,000	44,330,000,000	35,133,000,000
Long term debt	25,743,000,000	15,624,000,000	20,792,000,000	20,960,000,000	19,818,000,000
Total liabilities	55,639,000,000	46,381,000,000	58,920,000,000	65,290,000,000	54,951,000,000
Contributed capital	31,498,000,000	31,490,000,000	31,491,000,000	31,460,000,000	31,409,000,000
Retained earnings	22,982,000,000	23,597,000,000	16,839,000,000	8,853,000,000	19,069,000,000
Total equity	54,480,000,000	55,087,000,000	48,330,000,000	40,313,000,000	50,478,000,000
Total equity and liabilities	110,119,000,000	101,468,000,000	107,250,000,000	105,603,000,000	105,429,000,000

Classification

21st company classification

BETA

Industrial large enterprise

Type of organization

Public limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

Norsk Hydro ASA914 778 271

Norsk Hydro ASA

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Ownership

Company shareholders

Shares owned by the Norsk Hydro ASA

Group structure

Financials

Summary

P&L

Balance overview

Classification