ØSTLANDSKE LETTMETALL AS
Operating
Østlandske Lettmetall er en ledende bedrift innen støping og maskinering av deler i aluminium i Norge .
Produksjon av lettmetalldeler, samt hva som ellers
går inn under slik virksomhet.
Keywords
castingaluminiummagnesiumtitaniumzinclight metal castings
Organization
- CEO
- JE
- Chairman of the board
- KS
Kjetil Svingen1970
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 42
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 49,751,568
- NOK
- Annual total result 2024
- 4,451,301
- NOK
- Total equity 2024
- 16,502,258
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JE | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
KS 1970 | Chairman | - |
SJ 1970 | Board Member | - |
JH 1966 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Shares owned by the ØSTLANDSKE LETTMETALL AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 5 | 3.85 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 7,959,361Operating profit 2024: NOK 195,936Employees: 14
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 49,751,568 | 46,864,742 | 41,042,705 | 31,019,620 |
Annual Total Result | 4,451,301 | 4,828,429 | 2,780,106 | -1,006,502 |
Total assets | 60,906,866 | 49,455,256 | 49,964,650 | 43,577,148 |
Total liabilities | 44,404,608 | 37,404,300 | 42,742,121 | 39,134,727 |
Total equity | 16,502,258 | 12,050,956 | 7,222,527 | 4,442,422 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 49,751,568 | 46,864,742 | 41,042,705 | 31,019,620 |
Total operating costs | 43,370,720 | 40,158,413 | 36,780,207 | 30,923,084 |
Operating result | 6,380,848 | 6,706,329 | 4,262,498 | 96,536 |
Financial income/costs | -1,929,547 | -1,877,900 | -1,482,392 | -1,103,037 |
Profit before tax | 4,451,301 | 4,828,429 | 2,780,106 | -1,006,502 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 4,451,301 | 4,828,429 | 2,780,106 | -1,006,502 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 33,931,433 | 31,761,690 | 30,540,648 | 31,281,414 |
Total current assets | 26,975,432 | 17,693,566 | 19,424,002 | 12,295,735 |
Total assets | 60,906,866 | 49,455,256 | 49,964,650 | 43,577,148 |
Short term debt | 27,912,881 | 20,303,427 | 25,000,067 | 20,701,608 |
Long term debt | 16,491,727 | 17,100,873 | 17,742,054 | 18,433,119 |
Total liabilities | 44,404,608 | 37,404,300 | 42,742,121 | 39,134,727 |
Contributed capital | 8,872,000 | 8,872,000 | 8,872,000 | 8,872,000 |
Retained earnings | 7,630,258 | 3,178,956 | -1,649,473 | -4,429,578 |
Total equity | 16,502,258 | 12,050,956 | 7,222,527 | 4,442,422 |
Total equity and liabilities | 60,906,866 | 49,455,256 | 49,964,648 | 43,577,148 |
Classification
21st company classification
BETA
Small company
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1520
Public incorporated enterprises, owned by local government
Standard industrial classification
C
Main industrial area
Manufacturing
24
Activity
Manufacture of basic metals
24.5
Main industrial group
Casting of metals
24.53
Industrial group
Casting of light metals
24.530
Industrial group
Casting of light metals