NAMMO AS
Operating
Nammo
Learn more about the latest in specialty ammunition and rocket motors.
Drive utvikling, produksjon og markedsføring av ammunisjonsprodukter
samt opprettelse, deltagelse i og samarbeide med andre selskaper og
virksomheter med lignende formål.
Utvikling, produksjon og markedsføring av ikke-styrte ammunisjons-
produkter. Deltagelse i andre selskaper eller virksomheter med
lignende formål.
Keywords
productionsteam generatorscondenserspreheaterssuperheaterssteam collectors and accumulatorsnuclear reactorsship boilerspower boilerspiping system
Organization
- CEO
- MB
Morten Brandtzæg1963
- Chairman of the board
- PH
- Years since formation
- 28 years
- since Jul 24, 1998
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 54
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 2025
- 237,563,000
- NOK
- Annual total result 2025
- 210,541,000
- NOK
- Total equity 2025
- 1,576,077,000
- NOK
Last update: Aug 10, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MB 1963 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
PH | Chairman | - |
MS | Board Member | - |
DS 1954 | Board Member | - |
EK 1967 | Board Member | - |
OS 1981 | Alternate Member | - |
| Board Member | - | |
| Board Member | - | |
PJ | Board Member | - |
GS | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jul 4, 2026
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 % | |
T Under liquidation | Ordinary shares | 5 | 3.88 % |
| Ordinary shares | 20,000 | 2 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2025: NOK 237,563,000Operating profit 2025: NOK -94,752,000Employees: 54
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 237,563,000 | 211,833,000 | 169,932,000 | 138,633,000 | 114,426,000 |
Annual Total Result | 210,541,000 | 504,128,000 | 340,153,000 | 223,325,000 | 355,405,000 |
Total assets | 4,959,426,000 | 3,965,906,000 | 4,576,404,000 | 2,332,237,000 | 2,239,293,000 |
Total liabilities | 3,383,349,000 | 3,048,769,000 | 3,867,293,000 | 1,658,684,000 | 1,535,166,000 |
Total equity | 1,576,077,000 | 917,137,000 | 709,111,000 | 673,553,000 | 704,127,000 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 237,563,000 | 211,833,000 | 169,932,000 | 138,633,000 | 114,426,000 |
Total operating costs | 332,315,000 | 290,312,000 | 210,439,000 | 188,144,000 | 154,134,000 |
Operating result | -94,752,000 | -78,479,000 | -40,507,000 | -49,511,000 | -39,708,000 |
Financial income/costs | 348,966,000 | 656,909,000 | 430,387,000 | 326,026,000 | 431,770,000 |
Profit before tax | 254,214,000 | 578,430,000 | 389,880,000 | 276,515,000 | 392,062,000 |
Total tax & extraordinary income/cost | 43,673,000 | 74,302,000 | 49,727,000 | 53,190,000 | 36,657,000 |
Annual Total Result | 210,541,000 | 504,128,000 | 340,153,000 | 223,325,000 | 355,405,000 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 1,906,087,000 | 1,885,883,000 | 1,778,409,000 | 1,738,031,000 | 1,681,310,000 |
Total current assets | 3,053,339,000 | 2,080,023,000 | 2,797,995,000 | 594,206,000 | 557,983,000 |
Total assets | 4,959,426,000 | 3,965,906,000 | 4,576,404,000 | 2,332,237,000 | 2,239,293,000 |
Short term debt | 1,564,447,000 | 602,994,000 | 1,471,127,000 | 383,978,000 | 299,636,000 |
Long term debt | 1,818,902,000 | 2,445,775,000 | 2,396,166,000 | 1,274,706,000 | 1,235,530,000 |
Total liabilities | 3,383,349,000 | 3,048,769,000 | 3,867,293,000 | 1,658,684,000 | 1,535,166,000 |
Contributed capital | 358,670,000 | 358,670,000 | 358,670,000 | 358,670,000 | 358,670,000 |
Retained earnings | 1,217,407,000 | 558,467,000 | 350,441,000 | 314,883,000 | 345,457,000 |
Total equity | 1,576,077,000 | 917,137,000 | 709,111,000 | 673,553,000 | 704,127,000 |
Total equity and liabilities | 4,959,426,000 | 3,965,906,000 | 4,576,404,000 | 2,332,237,000 | 2,239,293,000 |
Classification
21st company classification
BETA
Industrial large enterprise
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
25.3
Main industrial group
Manufacture of steam generators, except central heating hot water boilers
25.30
Industrial group
Manufacture of steam generators, except central heating hot water boilers
25.300
Industrial group
Manufacture of steam generators, except central heating hot water boilers