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S

STORE NORSKE GRUVEDRIFT AS917 509 921

Mining
Limited company
Vei 610 2 9170 LONGYEARBYEN, Norge
Industry and manufacturing
/ Mining
/ 05.100 Mining of hard coal

STORE NORSKE GRUVEDRIFT AS

Keywords

mininghard coalliquefaction methodswashingsortinggradingpulverizingcompactioncoalcoal banks

Organization

CEO
TI

Tor Inge Nyheim1962

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
65

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: Jul 14, 2025

Management

Management / administration

NameRoleShares
TI

Tor Inge Nyheim

1962

Managing Director/CEO-

Board

NameRoleShares
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

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-
Last update: Jul 2, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
S
Store Norske Spitsbergen Kulkompani AS
Ordinary shares
10,030
100 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year2024202320222021
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

Year2024202320222021
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

Year2024202320222021
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

Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1120
Public incorporated enterprises, owned by central government
Standard industrial classification
B
Main industrial area
Mining and quarrying
05
Activity
Mining of coal and lignite
05.1
Main industrial group
Mining of hard coal
05.10
Industrial group
Mining of hard coal
05.100
Industrial group
Mining of hard coal