NAMMO AS
Nammo
Learn more about the latest in specialty ammunition and rocket motors.
Keywords
productionheavy weaponsartillerycannonsrocket launcherstorpedo tubesmachine gunshandgunsrevolversshotgunsair gunsgas gunsairsoft gunsammunitionbombsminestorpedoes
Organization
- CEO
- MB
Morten Brandtzæg1963
- Chairman of the board
- DS
Dag Schjerven1954
- Years since formation
- 27 years
- since Jul 24, 1998
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 48
Ownership
- Number of shares and share classes
- 1,000,000
- 1 share class
- Total number of shareholders
- 2
- persons
- Belongs to group of
Financials
- Total operating income 2024
- 169,932,000
- NOK
- Annual total result 2024
- 340,153,000
- NOK
- Total equity 2024
- 709,111,000
- NOK
Last update: Aug 12, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MB 1963 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
MS | Board Member | - |
JS | Board Member | - |
| Deputy Chair | - | |
DS 1954 | Chairman | - |
OS 1981 | Alternate Member | - |
| Board Member | - | |
| Board Member | - | |
PJ | Board Member | - |
GS | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jul 16, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 500,000 | 50 % | |
| Ordinary shares | 500,000 | 50 % |
Shares owned by the NAMMO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 47,820 | 100 % | |
| Ordinary shares | 150,000 | 100 % | |
| Ordinary shares | 5 | 3.88 % | |
| Ordinary shares | 20,000 | 2 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 169,932,000Operating profit 2023: NOK -40,507,000Employees: 48
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 169,932,000 | 138,633,000 | 114,426,000 |
Annual Total Result | 340,153,000 | 223,325,000 | 355,405,000 |
Total assets | 4,576,404,000 | 2,332,237,000 | 2,239,293,000 |
Total liabilities | 3,867,293,000 | 1,658,684,000 | 1,535,166,000 |
Total equity | 709,111,000 | 673,553,000 | 704,127,000 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 169,932,000 | 138,633,000 | 114,426,000 |
Total operating costs | 210,439,000 | 188,144,000 | 154,134,000 |
Operating result | -40,507,000 | -49,511,000 | -39,708,000 |
Financial income/costs | 430,387,000 | 326,026,000 | 431,770,000 |
Profit before tax | 389,880,000 | 276,515,000 | 392,062,000 |
Total tax & extraordinary income/cost | 49,727,000 | 53,190,000 | 36,657,000 |
Annual Total Result | 340,153,000 | 223,325,000 | 355,405,000 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 1,778,409,000 | 1,738,031,000 | 1,681,310,000 |
Total current assets | 2,797,995,000 | 594,206,000 | 557,983,000 |
Total assets | 4,576,404,000 | 2,332,237,000 | 2,239,293,000 |
Short term debt | 1,471,127,000 | 383,978,000 | 299,636,000 |
Long term debt | 2,396,166,000 | 1,274,706,000 | 1,235,530,000 |
Total liabilities | 3,867,293,000 | 1,658,684,000 | 1,535,166,000 |
Contributed capital | 358,670,000 | 358,670,000 | 358,670,000 |
Retained earnings | 350,441,000 | 314,883,000 | 345,457,000 |
Total equity | 709,111,000 | 673,553,000 | 704,127,000 |
Total equity and liabilities | 4,576,404,000 | 2,332,237,000 | 2,239,293,000 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
C
Main industrial area
Manufacturing
25
Activity
Manufacture of fabricated metal products, except machinery and equipment
25.4
Main industrial group
Manufacture of weapons and ammunition
25.40
Industrial group
Manufacture of weapons and ammunition
25.400
Industrial group
Manufacture of weapons and ammunition