NORWELL AS
Organization
- CEO
- SS
- Chairman of the board
- TS
Terje Standal1956
- Years since formation
- 29 years
- since Sep 27, 1996
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 18
Ownership
- Number of shares and share classes
- 33,882,554
- 1 share class
- Total number of shareholders
- 29
- 16 companies, 13 persons
Financials
- Total operating income 2024
- 2,926,689,849
- NOK
- Annual total result 2024
- 12,208,171
- NOK
- Total equity 2024
- 103,206,071
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SS | Managing Director/CEO | 1.33 % directly 0.59 % indirectly 0.74 % |
Board
| Name | Role | Shares |
|---|---|---|
TS 1956 | Chairman | - |
GL 1958 | Board Member | - |
OM | Board Member | 3.61 % directly |
SR 1974 | Alternate Member | 1 % directly |
VS 1979 | Board Member | 3.34 % indirectly |
HS | Alternate Member | 4.9 % indirectly |
SB | Board Member | - |
BA 1960 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KE | - | 12.06 % indirectly |
HS | Alternate Member | 4.9 % indirectly |
SS | - | 4.9 % indirectly |
OM | Board Member | 3.61 % directly |
RL 1967 | - | 3.48 % indirectly |
HL 1967 | - | 3.48 % indirectly |
KL 1971 | - | 3.48 % indirectly |
RS | - | 3.34 % indirectly |
VS 1979 | Board Member | 3.34 % indirectly |
RS 1989 | - | 3.34 % indirectly |
Last update: Apr 15, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 15,241,119 | 44.98 % | |
| Ordinary shares | 4,085,847 | 12.06 % | |
| Ordinary shares | 2,190,000 | 6.46 % | |
OM | Ordinary shares | 1,223,726 | 3.61 % |
| Ordinary shares | 1,000,000 | 2.95 % | |
| Ordinary shares | 1,000,000 | 2.95 % | |
| Ordinary shares | 1,000,000 | 2.95 % | |
| Ordinary shares | 1,000,000 | 2.95 % | |
| Ordinary shares | 829,961 | 2.45 % | |
| Ordinary shares | 829,961 | 2.45 % | |
| Ordinary shares | 700,000 | 2.07 % | |
| Ordinary shares | 544,768 | 1.61 % | |
| Ordinary shares | 500,000 | 1.48 % | |
| Ordinary shares | 500,000 | 1.48 % | |
| Ordinary shares | 438,579 | 1.29 % | |
HJ | Ordinary shares | 420,000 | 1.24 % |
IK 1962 | Ordinary shares | 370,000 | 1.09 % |
SR 1974 | Ordinary shares | 340,000 | 1 % |
OB | Ordinary shares | 235,325 | 0.69 % |
SN | Ordinary shares | 221,407 | 0.65 % |
| Ordinary shares | 200,000 | 0.59 % | |
| Ordinary shares | 200,000 | 0.59 % | |
AH 1966 | Ordinary shares | 200,000 | 0.59 % |
SS | Ordinary shares | 200,000 | 0.59 % |
| Ordinary shares | 100,000 | 0.3 % | |
TH 1966 | Ordinary shares | 100,000 | 0.3 % |
| Ordinary shares | 100,000 | 0.3 % | |
| Ordinary shares | 100,000 | 0.3 % | |
AB | Ordinary shares | 11,861 | 0.04 % |
Shares owned by the NORWELL AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 500 | 50 % | |
| Ordinary shares | 998 | 49.9 % | |
| Ordinary shares | 333 | 9.99 % | |
| Ordinary shares | 2,190,000 | 6.46 % | |
| Ordinary shares | 100 | 4.08 % | |
| Ordinary shares | 52,884 | 1.5 % | |
| Ordinary shares | 175 | 1.26 % | |
| Ordinary shares | 175 | 1.26 % | |
| Ordinary shares | 2,778 | 0.79 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 2,926,689,849 | 2,737,089,894 | 2,692,116,934 |
Annual Total Result | 12,208,171 | 23,637,884 | 21,591,190 |
Total assets | 427,122,008 | 468,963,597 | 464,043,070 |
Total liabilities | 323,915,937 | 361,464,625 | 365,181,982 |
Total equity | 103,206,071 | 107,498,972 | 98,861,088 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 2,926,689,849 | 2,737,089,894 | 2,692,116,934 |
Total operating costs | 2,905,415,508 | 2,713,536,077 | 2,650,639,930 |
Operating result | 21,274,341 | 23,553,817 | 41,477,004 |
Financial income/costs | -5,039,321 | 5,319,086 | -11,222,682 |
Profit before tax | 16,235,020 | 28,872,902 | 30,254,321 |
Total tax & extraordinary income/cost | 4,026,849 | 5,235,018 | 8,663,131 |
Annual Total Result | 12,208,171 | 23,637,884 | 21,591,190 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 11,522,315 | 13,071,869 | 12,557,749 |
Total current assets | 415,599,694 | 455,891,728 | 451,485,321 |
Total assets | 427,122,008 | 468,963,597 | 464,043,070 |
Short term debt | 323,915,937 | 361,464,625 | 363,339,282 |
Long term debt | 0 | 0 | 1,842,700 |
Total liabilities | 323,915,937 | 361,464,625 | 365,181,982 |
Contributed capital | 6,220,183 | 6,424,183 | 6,424,183 |
Retained earnings | 96,985,888 | 101,074,790 | 92,436,905 |
Total equity | 103,206,071 | 107,498,972 | 98,861,088 |
Total equity and liabilities | 427,122,008 | 468,963,597 | 464,043,070 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises