STORE NORSKE GRUVEDRIFT AS

Operating

Drift av kullgruve samt kjøp, eie og utleie av utstyr til gruvedrift og annen aktivitet som naturlig hører til dette. Selskapet skal ha effektiv drift og skal, som det mest tungtveiende hensynet, utøve driften på en slik måte at den bidrar til at samfunnet i Longyearbyen opprettholdes og videreutvikles på en måte som understøtter de overordnede målen i norsk svalbardpolitikk.

Drift av kullgruve samt kjøp, eie og utleie av utstyr til gruvedrift og annen aktivitet som naturlig hører til dette.

Keywords

mininghard coalliquefaction methodswashingsortinggradingpulverizingcompactioncoalcoal banks

Organization

CEO: GL
Gudmund Løvli1968
Chairman of the board: RO
Rune Olav Midtgaard1963
Years since formation: 9 years; since Jul 28, 2016
Type: Limited company
VAT registered: No
Number of employees: 61

Ownership

Number of shares and share classes: 10,030; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 183,721,894; NOK
Annual total result 2024: 159,161,498; NOK
Total equity 2024: -105,616,245; NOK

Last update: Oct 15, 2025

Management

Management / administration

Name	Role	Shares
GL Gudmund Løvli 1968	Managing Director/CEO	-

Board

Name	Role	Shares
RM Rune Mjelde 1971	Board Member	-
PI Per Ivar Velve 1969	Board Member	-
RJ Roger Jensen 1963	Alternate Member	-
AE Are Emil Jakobsen 1985	Alternate Member	-
BO Birger Olav Guttormsen 1964	Alternate Member	-
BV Bjørn Valle 1967	Alternate Member	-
RO Rune Olav Midtgaard 1963	Chairman	-
RA Rigmor Abel 1961	Alternate Member	-
GN Guttorm Nygård 1988	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Last update: Sep 25, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
S Store Norske Spitsbergen Kulkompani AS	Ordinary shares	10,030	100 %

Last update: Jun 2, 2025

Group structure

NÆRINGS- OG FISKERIDEPARTEMENTET
Total operating income -: NOK
Operating profit -: NOK
Employees: 390

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	183,721,894	118,798,943	170,966,174	184,426,018
Annual Total Result	159,161,498	1,272,924	-1,280,200	-414,409,578
Total assets	352,484,513	189,736,878	187,244,294	175,889,775
Total liabilities	458,100,759	509,271,481	508,051,821	495,417,102
Total equity	-105,616,245	-319,534,603	-320,807,527	-319,527,328

P&L

Year	2024	2023	2022	2021
Total operating income	183,721,894	118,798,943	170,966,174	184,426,018
Total operating costs	30,611,030	118,672,691	172,431,397	597,363,836
Operating result	153,110,864	126,251	-1,465,222	-412,937,818
Financial income/costs	3,887,625	1,606,846	2,272,821	454,203
Profit before tax	156,998,489	1,733,097	807,599	-412,483,615
Total tax & extraordinary income/cost	-2,163,009	460,173	2,087,799	1,925,963
Annual Total Result	159,161,498	1,272,924	-1,280,200	-414,409,578

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	189,547,901	63,031,140	61,955,767	33,285,375
Total current assets	162,936,612	126,705,738	125,288,527	142,604,399
Total assets	352,484,513	189,736,878	187,244,294	175,889,775
Short term debt	65,769,320	23,271,481	22,051,821	32,417,102
Long term debt	392,331,439	486,000,000	486,000,000	463,000,000
Total liabilities	458,100,759	509,271,481	508,051,821	495,417,102
Contributed capital	381,397,156	10,030,000	10,030,000	10,030,000
Retained earnings	-487,013,401	-329,564,603	-330,837,527	-329,557,327
Total equity	-105,616,245	-319,534,603	-320,807,527	-319,527,328
Total equity and liabilities	352,484,513	189,736,878	187,244,294	175,889,775

Classification

21st company classification

BETA

Industrial large enterprise

STORE NORSKE GRUVEDRIFT AS917 509 921