ALGINOR ASA

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Alginor ASA is a marine biotech company committed to total utilisation of kelp through novel methods, making more than just alginates.

Organization

CEO: SS
Sten Stenersen1988
Chairman of the board: WK
Wenche Kjølås1962
Years since formation: 11 years; since Mar 27, 2014
Type: Public limited company
VAT registered: Yes
Number of employees: 24

Ownership

Number of shares and share classes: 32,152,976; 1 share class
Total number of shareholders: 615; 139 companies, 476 persons
Belongs to group of

Financials

Total operating income 2024: 164,359; NOK
Annual total result 2024: -39,854,894; NOK
Total equity 2024: 868,243,417; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
SS Sten Stenersen 1988	Managing Director/CEO	-

Board

Name	Role	Shares
GL Gisle Løhre Johansen 1959	Board Member	-
KK Kristine Klaveness 1976	Board Member	-
TL Thomas Louis Ferré 1980	Observer	-
WK Wenche Kjølås 1962	Chairman	-
PA Per Arthur Sørlie 1957	Board Member	-
ML Martin Lersch 1976	Observer	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
TM Trine Must 1971	-	10.61 % indirectly
EC Erik Christian Must 1973	-	10.57 % indirectly
ØH Øystein Hatteland 1992	-	2.08 % indirectly
GM Gustav Magnar Witzøe 1993	-	1.95 % indirectly
HH Helge Hatteland 1995	-	1.43 % indirectly
SH Stig Hatteland 1980	-	1.43 % indirectly
HR Hatteland Ronny 1988	-	1.43 % indirectly
TH Tommy Hatteland 1990	-	1.43 % indirectly
RH Randi Hatteland 1978	-	1.43 % indirectly
JH Jakob Hatteland 1951	-	1.4 % indirectly

Last update: Jun 17, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
B BORREGAARD AS	NO0010756042	11,830,591	36.79 %
M MUST INVEST AS	NO0010756042	6,068,055	18.87 %
PB Paribas Bnp	NO0010756042	4,457,830	13.86 %
J JAKOB HATTELAND HOLDING AS	NO0010756042	1,940,420	6.03 %
J JAHATT AS	NO0010756042	1,240,000	3.86 %
K KVERVA INDUSTRIER AS	NO0010756042	700,000	2.18 %
Z ZIRCONIA AS	NO0010756042	309,540	0.96 %
A AMAR INVEST I AS	NO0010756042	244,357	0.76 %
H HELGØY PROPERTY HOLDING AS	NO0010756042	240,215	0.75 %
V VALIDÉ AS	NO0010756042	230,500	0.72 %
Ø ØYHATT AS	NO0010756042	210,000	0.65 %
S STAVANGER KOMMUNE	NO0010756042	186,030	0.58 %
S SAYONARA AS	NO0010756042	183,170	0.57 %
V VALIDÉ INVEST I AS	NO0010756042	180,000	0.56 %
N NORDVEGEN INVEST AS	NO0010756042	174,096	0.54 %
P PROFOND AS	NO0010756042	164,732	0.51 %
BP Bank Pictet Cie Europe Ag	NO0010756042	138,888	0.43 %
CB Clearstream Banking S.a.	NO0010756042	128,360	0.4 %
P PERTINAX AS	NO0010756042	111,111	0.35 %
J JEKTEVIKA AS	NO0010756042	105,735	0.33 %
R RISANGER HOLDING AS	NO0010756042	79,271	0.25 %
E ERP PARTNER AS	NO0010756042	75,250	0.23 %
O OPSAHL VERDI AS	NO0010756042	75,015	0.23 %
ØH Øyvind Haugen 1969	NO0010756042	70,500	0.22 %
RJ Rune Jenshus 1967	NO0010756042	60,000	0.19 %
S STRATEGIC GARDEN AS	NO0010756042	60,000	0.19 %
O ODLE INVEST AS	NO0010756042	58,000	0.18 %
K KARMØY NÆRINGSFOND AS	NO0010756042	55,000	0.17 %
I IVAR A. JØRGENSEN AS	NO0010756042	53,352	0.17 %
KT Kjetil Thormodsen Rein 1979	NO0010756042	52,500	0.16 %
A ALPHABET AS	NO0010756042	52,000	0.16 %
A AQUA METRICA AS	NO0010756042	51,100	0.16 %
E ELHATT AS	NO0010756042	50,000	0.16 %
K KKN EQUITY AS	NO0010756042	47,150	0.15 %
A ALU INVEST AS	NO0010756042	43,000	0.13 %
AS As Swedbank	NO0010756042	42,500	0.13 %
G GUTFINSZKY AS	NO0010756042	42,500	0.13 %
F FROMSI INVEST AS	NO0010756042	41,000	0.13 %
A ADELCRANZ AS	NO0010756042	40,000	0.12 %
N NEWCONCEPTS AS	NO0010756042	38,635	0.12 %
V VALIDÉ HAUGESUNDREGIONEN AS	NO0010756042	38,000	0.12 %
B BALDER MANAGEMENT AS	NO0010756042	37,500	0.12 %
S SANMAR EIENDOM AS	NO0010756042	35,685	0.11 %
G GOBLE INVEST AS	NO0010756042	35,500	0.11 %
A ANDERS OPSAHL HOLDING AS	NO0010756042	33,330	0.1 %
J JAWENDEL AS	NO0010756042	33,000	0.1 %
W WILFRO INVEST AS	NO0010756042	32,850	0.1 %
L LTG NORWAY AS	NO0010756042	30,000	0.09 %
JH Jan Heggelund 1959	NO0010756042	30,000	0.09 %
BM Bune Mønness Morten 1980	NO0010756042	28,500	0.09 %
D DIVOT HOLDING AS	NO0010756042	27,860	0.09 %
N NETTEFFEKT AS	NO0010756042	27,250	0.08 %
B BUKKEVIK INVESTERING AS	NO0010756042	26,286	0.08 %
B BIOMED CONSULTING AS	NO0010756042	26,075	0.08 %
JD John David Mosvold 1959	NO0010756042	25,000	0.08 %
ØG Øyvind Gjerde 1962	NO0010756042	25,000	0.08 %
H HOLSTEIN INVEST AS	NO0010756042	25,000	0.08 %
P PUPILLA AS	NO0010756042	23,500	0.07 %
P PHK INVEST AS	NO0010756042	22,464	0.07 %
LH Laila Hetland 1966	NO0010756042	20,250	0.06 %
T TRP AS	NO0010756042	20,000	0.06 %
P PALATINER AS	NO0010756042	20,000	0.06 %
TJ Terje Jørgensen 1954	NO0010756042	20,000	0.06 %
H HCA MELBYE HOLDING AS	NO0010756042	20,000	0.06 %
IL Ingvald Løyning 1956	NO0010756042	20,000	0.06 %
EC Espen Christopher Fasting 1969	NO0010756042	19,971	0.06 %
S SVAS SVALLAND AS	NO0010756042	18,500	0.06 %
SS Sandra Støle 1986	NO0010756042	18,340	0.06 %
PE Per-Christian Endsjø 1941	NO0010756042	17,250	0.05 %
KT Knut Trygve Jenssen 1969	NO0010756042	17,000	0.05 %
OS Oddbjørn Sunde 1989	NO0010756042	16,005	0.05 %
HK Helge Kristen Sande Kristoffersen 1956	NO0010756042	16,000	0.05 %
GK Georg Kopplin 1987	NO0010756042	15,920	0.05 %
AB Astrid Bruvik Øvregård 1993	NO0010756042	15,885	0.05 %
C C. EMTOR EIENDOM AS	NO0010756042	15,714	0.05 %
A A/S Katfos Fabrikker	NO0010756042	15,000	0.05 %
LT Leon Tveit 1953	NO0010756042	15,000	0.05 %
F FINSNES INVEST AS	NO0010756042	15,000	0.05 %
EG Elisabeth Gundersen 1955	NO0010756042	15,000	0.05 %
V VIKASTØL INVEST AS	NO0010756042	15,000	0.05 %
TL Trond Lien 1957	NO0010756042	14,300	0.04 %
OK Ole Kristian Busterud 1990	NO0010756042	14,050	0.04 %
AB Arne Bjørlo 1958	NO0010756042	14,040	0.04 %
BS Bendik Siverts 1963	NO0010756042	13,850	0.04 %
HW Håvard Wall 1977	NO0010756042	13,750	0.04 %
B BALDEVIN INVEST AS	NO0010756042	13,689	0.04 %
A ACERTA AS	NO0010756042	12,600	0.04 %
S SUNN INVESTERING LTD NUF	NO0010756042	12,600	0.04 %
T TADA HOLDING AS	NO0010756042	12,600	0.04 %
TW Tore Wangen 1960	NO0010756042	12,600	0.04 %
TT Turid Thormodsen 1963	NO0010756042	12,500	0.04 %
MI Mats Ikeda Steinnes 1977	NO0010756042	12,500	0.04 %
IG Isak Gjerde 2000	NO0010756042	12,500	0.04 %
GI Geir Imingen 1966	NO0010756042	12,214	0.04 %
SH Stian Hovda Bergersen 1986	NO0010756042	12,000	0.04 %
ØN Øystein Normann Krøtø 1983	NO0010756042	12,000	0.04 %
S SONTE AS	NO0010756042	11,365	0.04 %
OT Ole-Edvin T Søhagen 1989	NO0010756042	11,300	0.04 %
IV Ingo Volker Müller 1965	NO0010756042	11,091	0.03 %
EH Einar Håkon Østebrød 1959	NO0010756042	11,000	0.03 %

Shares owned by the ALGINOR ASA

Name	Share class	Total number of shares	Share
O OEWA AS	Ordinary shares	1,000,000	100 %
H HYPOMAR AS	Ordinary shares	3,500,000	100 %
A ALGINOR BIOREFINERY AS	Ordinary shares	500,000	100 %
A ALGINOR INDUSTRIAL ESTATE AS	Ordinary shares	1,000,000	100 %
A ALGINOR PHARMA INGREDIENTS AS	Ordinary shares	100,000	100 %
H HUSØYVEGEN 276 AS	Ordinary shares	300	100 %
X X GAS AS	NO0013168815	2,400	0.66 %
A ALGINOR ASA	NO0010756042	7,200	0.02 %

Last update: Jun 2, 2025

Group structure

ALGINOR ASA
Total operating income 2024: NOK 164,359
Operating profit 2024: NOK -44,429,772
Employees: 24

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	164,359	0	0	689,406
Annual Total Result	-39,854,894	-25,570,072	-12,753,778	-10,820,294
Total assets	948,448,774	535,345,444	411,439,595	424,689,513
Total liabilities	80,205,357	39,505,988	14,657,435	20,377,761
Total equity	868,243,417	495,839,456	396,782,160	404,311,751

P&L

Year	2024	2023	2022	2021
Total operating income	164,359	0	0	689,406
Total operating costs	44,594,131	26,167,930	13,533,956	11,648,664
Operating result	-44,429,772	-26,167,930	-13,533,956	-10,959,258
Financial income/costs	4,574,878	597,858	780,178	138,964
Profit before tax	-39,854,894	-25,570,072	-12,753,778	-10,820,294
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	-39,854,894	-25,570,072	-12,753,778	-10,820,294

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	471,216,456	388,991,676	366,750,478	309,756,756
Total current assets	477,232,318	146,353,768	44,689,117	114,932,757
Total assets	948,448,774	535,345,444	411,439,595	424,689,513
Short term debt	44,577,324	11,244,733	10,427,279	18,000,550
Long term debt	35,628,033	28,261,255	4,230,156	2,377,211
Total liabilities	80,205,357	39,505,988	14,657,435	20,377,761
Contributed capital	868,243,417	495,839,456	396,782,160	404,311,751
Retained earnings	0	0	0	0
Total equity	868,243,417	495,839,456	396,782,160	404,311,751
Total equity and liabilities	948,448,774	535,345,444	411,439,595	424,689,512

Classification

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

ALGINOR ASA913 422 082

ALGINOR ASA

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the ALGINOR ASA

Group structure

Financials

Summary

P&L

Balance overview

Classification