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NORTRAFO AS924 357 770

Electronics
Limited company
Sjøfartsgata 7 7714 STEINKJER, Norge
Industry and manufacturing
/ Electronics
/ 27.110 Manufacture of electric motors, generators and transformers

NORTRAFO AS

Keywords

manufacturingelectric motorstransformerselectric distribution transformersarc welding transformersfluorescent ballastssubstationsvoltage regulatorspower generators

Organization

CEO
RE

Rune Evjen1953

Chairman of the board
OP

Ole Petter Bjartnes1980

Years since formation
5 years
since Jan 7, 2020
Type
Limited company
VAT registered
Yes
Number of employees
6

Ownership

Number of shares and share classes
1,000
1 share class
Total number of shareholders
2
companies
Belongs to group of

Financials

Total operating income 2024
2,460,000
NOK
Annual total result 2024
20,937,183
NOK
Total equity 2024
84,784,408
NOK
Last update: Jul 30, 2025

Management

Management / administration

NameRoleShares
RE

Rune Evjen

1953

Managing Director/CEO
15 %
indirectly

Board

NameRoleShares
OP

Ole Petter Bjartnes

1980

Chairman
3.19 %
indirectly
KO

Knut Olav Forr

1963

Board Member
15 %
indirectly
GA

Geir Arne Brønstad Rao

1970

Board Member-
MB

May Britt Fløttum

1972

Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-

Top 10 individual shareholders

NameRoleShares
RE

Rune Evjen

1953

Managing Director/CEO
15 %
indirectly
KO

Knut Olav Forr

1963

Board Member
15 %
indirectly
BM

Bjørn Margido Wiggen

1959

-
8.81 %
indirectly
OP

Ole Petter Bjartnes

1980

Chairman
3.19 %
indirectly
Last update: Mar 27, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
S
STEINKJER INVEST AS
Ordinary shares
700
70 %
S
SCANDINAVIAN TRANSFORMER GROUP AS
Ordinary shares
300
30 %

Shares owned by the NORTRAFO AS

NameShare classTotal number of sharesShare
N
NORTRAFO PRODUCTION AS
Ordinary shares
30
100 %
M
MAGTECH AS
Ordinary shares
502,515
100 %
N
NORSK TRANSFORMATOR AS
Ordinary shares
4,000
100 %
N
NORSK TRANSFORMATOR BEREDSKAP AS
Ordinary shares
4,000
100 %
V
VESTFOLD TRAFO ENERGI AS
Ordinary shares
1,798,472
70 %
Last update: Jun 2, 2025

Group structure

  • SALVESEN & THAMS AS
    Total operating income 2023: NOK 200,000
    Operating profit 2023: NOK -5,327,849
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
2,460,000
2,601,000
2,840,004
2,460,000
Annual Total Result
20,937,183
18,018,224
11,120,209
3,754,266
Total assets
143,955,114
89,698,974
68,772,066
55,948,749
Total liabilities
59,170,706
25,851,749
14,943,064
13,239,958
Total equity
84,784,408
63,847,225
53,829,001
42,708,792

P&L

Year2024202320222021
Total operating income
2,460,000
2,601,000
2,840,004
2,460,000
Total operating costs
4,652,038
3,464,306
2,727,559
3,036,245
Operating result
-2,192,038
-863,306
112,445
-576,245
Financial income/costs
29,068,290
23,963,594
14,144,234
5,389,407
Profit before tax
26,876,252
23,100,288
14,256,679
4,813,162
Total tax & extraordinary income/cost
5,939,069
5,082,064
3,136,470
1,058,896
Annual Total Result
20,937,183
18,018,224
11,120,209
3,754,266

Balance overview

Year2024202320222021
Total fixed assets
107,626,472
66,043,645
65,395,240
46,305,393
Total current assets
36,328,642
23,655,329
3,376,826
9,643,356
Total assets
143,955,114
89,698,974
68,772,066
55,948,749
Short term debt
39,235,706
25,851,749
14,943,064
13,239,958
Long term debt
19,935,000
0
0
0
Total liabilities
59,170,706
25,851,749
14,943,064
13,239,958
Contributed capital
24,100,128
24,100,128
24,100,128
24,100,128
Retained earnings
60,684,280
39,747,097
29,728,873
18,608,664
Total equity
84,784,408
63,847,225
53,829,001
42,708,792
Total equity and liabilities
143,955,114
89,698,974
68,772,066
55,948,750

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
27
Activity
Manufacture of electrical equipment
27.1
Main industrial group
Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus
27.11
Industrial group
Manufacture of electric motors, generators and transformers
27.110
Industrial group
Manufacture of electric motors, generators and transformers