FJELL TECHNOLOGY GROUP AS

Operating

Your partner for making value out of rest raw materials! - FTG

Fjell is a leading supplier of technology & solutions for processing equipment for residual raw materials. Energy saving solutions with high performance.

Å drive entreprenørvirksomhet innen mekanisk industri, herunder utvikling og produksjon, handel og agenturvirksomhet, konsulentvirksomhet, eie andeler i andre selskaper, alt som hermed står i forbindelse, samt næringsvirksomhet av enhver art.

Entreprenørvirksomhet innen mekanisk industri, herunder utvikling og produksjon, handel og agenturvirksomhet, konsulentvirksomhet, eie andeler i andre selskaper, alt som hermed står i forbindelse, samt næringsvirksomhet av enhver art.

Keywords

manufacturingdrying machineswoodpulppaper and cardboardprinting machinesbookbinding machinesroof tilesbricksceramic masspipesgraphite electrodesblackboard chalksemiconductorsuniversal industrial robotsspecial machinesisotope separationtire tracking equipmentbalancing equipmentsolariumsbowling alleyscarouselsswingsshooting ranges

Organization

CEO: HK
Halvard Kongsbakk Madsen1977
Chairman of the board: ÅN
Åge Nordstrøm Landro1976
Years since formation: 22 years; since Jan 9, 2003
Type: Limited company
VAT registered: Yes
Number of employees: 15

Ownership

Number of shares and share classes: 26,225; 1 share class
Total number of shareholders: 7; 3 companies, 4 persons
Belongs to group of

Financials

Total operating income 2024: 82,388,647; NOK
Annual total result 2024: 2,413,627; NOK
Total equity 2024: 25,871,050; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
HK Halvard Kongsbakk Madsen 1977	Managing Director/CEO	25.41 % indirectly

Board

Name	Role	Shares
ÅN Åge Nordstrøm Landro 1976	Chairman	3.32 % indirectly
LG Leif Gunnar Madsen 1954	Deputy Chair	19.36 % indirectly

Others

Name	Role	Shares
R RSM NORGE AS	Auditor	-
V VKST AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
TK Torleif Kongsbakk Madsen 1979	-	25.41 % indirectly
HK Hilde Kongsbakk Madsen Wergeland 1982	-	25.41 % indirectly
HK Halvard Kongsbakk Madsen 1977	Managing Director/CEO	25.41 % indirectly
LG Leif Gunnar Madsen 1954	Deputy Chair	19.36 % indirectly
ÅN Åge Nordstrøm Landro 1976	Chairman	3.32 % indirectly

Last update: Apr 4, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
V VESTIGIUM AS	Ordinary shares	25,072	95.6 %
N NORDSTRØM INVEST AS	Ordinary shares	870	3.32 %
VH Vegard Holmedal 1974	Ordinary shares	122	0.47 %
S STEINECO AS	Ordinary shares	65	0.25 %
BD Bård Dueland 1970	Ordinary shares	43	0.16 %
JA Jonny Austefjord Vassdal 1978	Ordinary shares	43	0.16 %
YS Yngve Sten Larsen 1950	Ordinary shares	10	0.04 %

Shares owned by the FJELL TECHNOLOGY GROUP AS

Name	Share class	Total number of shares	Share
F FJELL TECHNOLOGY SERVICES AS	Ordinary shares	30	100 %
R RADIO SOTRA AS	Class B shares	10	0.38 %

Last update: Jun 2, 2025

Group structure

VESTIGIUM AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -333,933
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022
Total operating income	82,388,647	138,420,015	82,046,932
Annual Total Result	2,413,627	8,285,713	2,935,583
Total assets	45,817,367	62,688,641	57,167,337
Total liabilities	19,946,317	39,743,938	42,750,096
Total equity	25,871,050	22,944,703	14,417,241

P&L

Year	2024	2023	2022
Total operating income	82,388,647	138,420,015	82,046,932
Total operating costs	79,658,745	127,546,502	77,691,389
Operating result	2,729,901	10,873,513	4,355,543
Financial income/costs	309,017	-250,084	-574,349
Profit before tax	3,038,918	10,623,429	3,781,194
Total tax & extraordinary income/cost	625,291	2,337,716	845,611
Annual Total Result	2,413,627	8,285,713	2,935,583

Balance overview

Year	2024	2023	2022
Total fixed assets	13,661,298	11,821,669	14,603,214
Total current assets	32,156,070	50,866,972	42,564,123
Total assets	45,817,367	62,688,641	57,167,337
Short term debt	17,505,057	37,512,249	40,704,326
Long term debt	2,441,260	2,231,689	2,045,770
Total liabilities	19,946,317	39,743,938	42,750,096
Contributed capital	12,236,126	11,723,407	11,481,658
Retained earnings	13,634,924	11,221,296	2,935,583
Total equity	25,871,050	22,944,703	14,417,241
Total equity and liabilities	45,817,367	62,688,641	57,167,337

Classification

21st company classification

BETA

Industrial large enterprise

FJELL TECHNOLOGY GROUP AS985 224 153