NORNE SECURITIES AS

Operating

Norne Securities

Norne Securities AS er et verdipapirforetak som jobber i tett samarbeid med våre eiere; 14 selvstendige sparebanker.

Selskapets virksomhet består i forretningsmessig ytelse av investeringstjenester og tilknyttede tjenester i forhold til lov 29. juni 2007 nr. 75 om verdipapirhandel § 2-1, samt alt som står i naturlig forbindelse med dette.

Forretningsmessig ytelse av investeringstjenester og tilknyttede tjenester i forhold til lov 29. juni 2008 nr. 75 om verdipapirhandel § 2-1, samt alt som står i naturlig forbindelse med dette.

Keywords

securities firmstradingcapital markets stockbrokingstockbrokerscommodity brokerscurrency traders

Links

Organization

CEO: EV
Erik Valen1967
Chairman of the board: FO
Frank Otto Johannesen1959
Years since formation: 17 years; since Jul 16, 2008
Type: Limited company
VAT registered: Yes
Number of employees: 41

Ownership

Number of shares and share classes: 18,431,839; 1 share class
Total number of shareholders: 48; 28 companies, 20 persons
Belongs to group of

Financials

Total operating income 2024: 152,072,000; NOK
Annual total result 2024: 18,021,000; NOK
Total equity 2024: 89,972,000; NOK

Last update: Sep 13, 2025

Management

Management / administration

Name	Role	Shares
EV Erik Valen 1967	Managing Director/CEO	1.5 % directly

Board

Name	Role	Shares
FO Frank Otto Johannesen 1959	Chairman	-
PM Per Magne Bårdsgjerde 1956	Board Member	-
LK Lisbet Karin Nærø 1963	Board Member	-
JR Jørund Rong 1974	Alternate Member	-
AT Ann-Kristin Thue Tveit 1979	Alternate Member	-
AK Anne-Grethe Knudsen 1971	Board Member	-
HO Hans Olav Ingdal 1979	Board Member	-
ØH Øyvind Hurlen 1965	Board Member	-
MB Maria Bos 1981	Board Member	-
BS Bente Svensen 1979	Alternate Member	-
OO Ole-Magnus Orlien 1991	Board Member	-
OS Ove Skjeret 1971	Alternate Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
EV Erik Valen 1967	Managing Director/CEO	1.5 % directly
TM Trine Must 1971	-	1.42 % indirectly
EC Erik Christian Must 1973	-	1.42 % indirectly
ØA Ørjan Askeland 1979	-	1.1 % indirectly
SO Stig Ole Sevaldsen 1967	-	1.1 % directly

Last update: Sep 23, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
S SPAREBANKEN NORGE	Ordinary shares	7,706,752	41.81 %
S SPAREBANKEN SØR Closed	Ordinary shares	2,791,399	15.14 %
F FANA SPAREBANK	Ordinary shares	1,522,129	8.26 %
N NORNE SECURITIES AS	Ordinary shares	825,109	4.48 %
M MUST AS	Ordinary shares	532,730	2.89 %
S SPAREBANKEN ØST	Ordinary shares	396,735	2.15 %
S SPARESKILLINGSBANKEN	Ordinary shares	359,251	1.95 %
A ASKIM & SPYDEBERG SPAREBANK	Ordinary shares	294,354	1.6 %
V VOSS SPAREBANK	Ordinary shares	277,720	1.51 %
EV Erik Valen 1967	Ordinary shares	276,500	1.5 %
F FLEKKEFJORD SPAREBANK	Ordinary shares	244,261	1.33 %
S SØGNE OG GREIPSTAD SPAREBANK	Ordinary shares	239,494	1.3 %
S SKUDENES & AAKRA SPAREBANK	Ordinary shares	239,494	1.3 %
SO Stig Ole Sevaldsen 1967	Ordinary shares	202,800	1.1 %
F FURU PL AS	Ordinary shares	202,800	1.1 %
S SPAREBANK 68 GRADER NORD	Ordinary shares	157,733	0.86 %
D DRANGEDAL SPAREBANK	Ordinary shares	120,358	0.65 %
L LUSTER SPAREBANK	Ordinary shares	119,759	0.65 %
L LILLESANDS SPAREBANK	Ordinary shares	119,759	0.65 %
A AASEN SPAREBANK	Ordinary shares	117,039	0.63 %
N NIDAROS SPAREBANK	Ordinary shares	104,051	0.56 %
F FOSSHEIMEN AS	Ordinary shares	100,000	0.54 %
V VIRA INVEST AS	Ordinary shares	100,000	0.54 %
B BOBBY TABLES AS	Ordinary shares	100,000	0.54 %
JF Jørgen Falch-Monsen 1971	Ordinary shares	100,000	0.54 %
S SPAREBANKEN DIN TELEMARK	Ordinary shares	96,460	0.52 %
T TOLGA-OS SPAREBANK	Ordinary shares	88,982	0.48 %
S SELBU SPAREBANK	Ordinary shares	81,418	0.44 %
ST Skeivys Tomas	Ordinary shares	81,157	0.44 %
MC Morten Casper Pettersen 1979	Ordinary shares	81,157	0.44 %
PS Petter Slyngstadli 1970	Ordinary shares	81,157	0.44 %
SE Svein Erik Strand Tønnesen 1987	Ordinary shares	81,157	0.44 %
S STADSBYGD SPAREBANK	Ordinary shares	68,611	0.37 %
Ø ØRLAND SPAREBANK	Ordinary shares	68,484	0.37 %
EK Erlend K Storesund 1985	Ordinary shares	49,506	0.27 %
ER Espen Reisæter Sandven 1975	Ordinary shares	49,505	0.27 %
G GRANFEY AS	Ordinary shares	48,000	0.26 %
IB Ingrid Birknes 1991	Ordinary shares	48,000	0.26 %
TS Trond Schieldrop 1966	Ordinary shares	48,000	0.26 %
ML Morten Lyssand 1985	Ordinary shares	48,000	0.26 %
JS Jaspal Singh Virdee 1993	Ordinary shares	30,000	0.16 %
SN Slikas Nerijus	Ordinary shares	27,018	0.15 %
HK Helga Kristine Sælen 1980	Ordinary shares	25,000	0.14 %
LM Lars Morten Jordalen 1979	Ordinary shares	25,000	0.14 %
AT Anthony Trædal Silver 1961	Ordinary shares	25,000	0.14 %
JK Judita Kairien	Ordinary shares	10,000	0.05 %
IK Ivanova Kristina	Ordinary shares	10,000	0.05 %
LA Lars Arne Sande Rygg 1995	Ordinary shares	10,000	0.05 %

Shares owned by the NORNE SECURITIES AS

Name	Share class	Total number of shares	Share
N NORNE BUSINESS MANAGEMENT AS	Ordinary shares	1,000	100 %
N NORNE EIENDOMSPROSJEKT 35 AS	Ordinary shares	3,000	100 %
D DEALFLOW AS	Ordinary shares	20,508	7.68 %
N NORNE SECURITIES AS	Ordinary shares	825,109	4.48 %
G GULATING GRUPPEN AS Closed	NO0011019101	301,409	0.44 %
M MATVAREEXPRESSEN AS	NO0013008664	1,719	0.14 %
S SOGN SPAREBANK	NO0006000603	746	0.12 %
E ENERGEIA AS	NO0012697715	93,953	0.08 %
T TYSNES SPAREBANK Closed	NO0010731615	1,296	0.07 %
H HAUGESUND SPAREBANK	NO0010764053	1,129	0.05 %
A AQUA BIO TECHNOLOGY ASA	NO0010307135	47,500	0.04 %
M M VEST WATER AS	NO0010976343	11,200	0.03 %
G GOODTECH ASA	NO0004913609	9,327	0.03 %
N NIDAROS SPAREBANK	NO0010733082	301	0.03 %
T TINDE SPAREBANK	NO0010759988	772	0.03 %
N NAVAMEDIC ASA	NO0010205966	5,716	0.03 %
V Voss Veksel- og Landmandsbank ASA	NO0003025009	446	0.02 %
S SKUE SPAREBANK	NO0006001809	526	0.02 %
R ROMERIKE SPAREBANK	NO0010808405	496	0.02 %
J JÆREN SPAREBANK	NO0010359433	809	0.02 %
M MELHUS SPAREBANK	NO0006001908	606	0.02 %
T TRØNDELAG SPAREBANK	NO0010788268	955	0.02 %
A AASEN SPAREBANK	NO0010672181	298	0.02 %
S SPAREBANK 68 GRADER NORD	NO0010887110	537	0.02 %
S SUNNDAL SPAREBANK Closed	NO0010672900	512	0.02 %
F FLEKKEFJORD SPAREBANK	NO0013209858	300	0.02 %
B BIEN SPAREBANK ASA	NO0012706763	932	0.02 %
T TOTENS SPAREBANK Closed	NO0006001205	160	< 0.01 %
S SPAREBANKEN NORGE	NO0006000900	525	< 0.01 %
B BORGESTAD ASA	NO0013256180	3,508	< 0.01 %
O ODFJELL SE	NO0003399917	600	< 0.01 %
B BELSHIPS AS	NO0003094104	7,200	< 0.01 %
A AKVA GROUP ASA	NO0003097503	1,140	< 0.01 %
A AURSKOG SPAREBANK	NO0006001601	609	< 0.01 %
S SPAREBANKEN SØR Closed	NO0006001502	380	< 0.01 %
G GRONG SPAREBANK	NO0010636491	425	< 0.01 %
S SPAREBANK 1 HELGELAND	NO0010029804	493	< 0.01 %
D DOF ASA Closed	NO0010070063	2,540	< 0.01 %
S SPAREBANK 1 NORDMØRE	NO0010691660	515	< 0.01 %
P PHOTOCURE ASA	NO0010000045	1,240	< 0.01 %
N NORDIC HALIBUT AS	NO0003058109	4,483	< 0.01 %

Last update: Jun 2, 2025

Group structure

NORNE SECURITIES AS
Total operating income 2024: NOK 152,072,000
Operating profit 2024: NOK 14,863,000
Employees: 41

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	152,072,000	116,605,000	155,096,000	111,450,000
Annual Total Result	18,021,000	2,796,000	30,621,000	13,006,000
Total assets	206,753,000	141,244,000	174,093,000	157,598,000
Total liabilities	116,781,000	59,293,000	94,580,000	108,328,000
Total equity	89,972,000	81,951,000	79,513,000	49,270,000

P&L

Year	2024	2023	2022	2021
Total operating income	152,072,000	116,605,000	155,096,000	111,450,000
Total operating costs	137,209,000	116,099,000	125,598,000	98,948,000
Operating result	14,863,000	506,000	29,498,000	12,502,000
Financial income/costs	3,228,000	2,286,000	1,136,000	522,000
Profit before tax	18,091,000	2,792,000	30,635,000	13,024,000
Total tax & extraordinary income/cost	70,000	-4,000	14,000	18,000
Annual Total Result	18,021,000	2,796,000	30,621,000	13,006,000

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	13,512,000	20,108,000	14,724,000	12,250,000
Total current assets	193,241,000	121,136,000	159,369,000	145,348,000
Total assets	206,753,000	141,244,000	174,093,000	157,598,000
Short term debt	116,781,000	59,293,000	89,580,000	79,328,000
Long term debt	0	0	5,000,000	29,000,000
Total liabilities	116,781,000	59,293,000	94,580,000	108,328,000
Contributed capital	33,101,000	33,101,000	33,434,000	33,786,000
Retained earnings	56,871,000	48,850,000	46,079,000	15,485,000
Total equity	89,972,000	81,951,000	79,513,000	49,270,000
Total equity and liabilities	206,753,000	141,244,000	174,093,000	157,598,000

Classification

21st company classification

BETA

Industrial large enterprise

NORNE SECURITIES AS992 881 828