WÄRTSILÄ NORWAY AS

The global leader in innovative technologies and lifecycle solutions for the marine and energy markets | Wärtsilä

Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance.

Keywords

repairmaintenanceindustrial machinerymachine bladesmachine sawswelding servicesautomotive weldingweldingagricultural machineryforkliftscommercial refrigeratorspumpscompressorsvalvesgearsdrive elementsprocess furnacesmaterial handling equipmentrefrigeration equipmentair cleaning equipmentagricultural tractorsharvestersscalesvending machinescash registersphotocopierspocket calculatorstypewriters

Organization

CEO: HP
Hans Petter Nesse1974
Chairman of the board: JG
Jan Gunnar Othman1977
Years since formation: 30 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 535

Ownership

Number of shares and share classes: 1; 1 share class
Total number of shareholders: 1; person

Financials

Total operating income 2024: 2,658,914,458; NOK
Annual total result 2024: 137,961,512; NOK
Total equity 2024: 393,041,326; NOK

Last update: Jul 14, 2025

Management

Management / administration

Name	Role	Shares
HP Hans Petter Nesse 1974	Managing Director/CEO	-

Board

Name	Role	Shares
TB Tor-Olav Berg 1977	Observer	-
KN Knut Nordbø 1965	Board Member	-
TI Tor Inge Amdal 1980	Board Member	-
AL Anna Lisa Wolter 1985	Board Member	-
LA Lars Andreas Alfsvåg 1985	Observer	-
JG Jan Gunnar Othman 1977	Chairman	-
SM Sinikka Maarit Ilveskoski 1967	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
A AZETS INSIGHT AS	Accountant	-

Last update: Nov 22, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
WT Wrtsil Technology Oy Ab	Ordinary shares	1	100 %

Shares owned by the WÄRTSILÄ NORWAY AS

Name	Share class	Total number of shares	Share
A ATHENO AS	Ordinary shares	250	7.76 %
L LANGEVÅG BYGDATUN AS	A-shares	65	0.79 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	2,658,914,458	2,315,016,793	1,930,915,460	1,724,121,101
Annual Total Result	137,961,512	156,365,466	55,605,226	73,269,290
Total assets	1,878,703,646	1,512,321,777	1,327,946,666	1,158,953,972
Total liabilities	1,485,662,320	1,101,937,058	971,899,881	765,291,190
Total equity	393,041,326	410,384,719	356,046,785	393,662,782

P&L

Year	2024	2023	2022	2021
Total operating income	2,658,914,458	2,315,016,793	1,930,915,460	1,724,121,101
Total operating costs	2,501,459,674	2,125,997,726	1,854,348,976	1,643,416,853
Operating result	157,454,784	189,019,066	76,566,484	80,704,248
Financial income/costs	22,035,123	11,932,080	-1,139,181	-2,848,373
Profit before tax	179,489,907	200,951,146	75,427,303	77,855,875
Total tax & extraordinary income/cost	41,528,395	44,585,680	19,822,077	4,586,585
Annual Total Result	137,961,512	156,365,466	55,605,226	73,269,290

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	314,702,285	329,324,007	336,430,975	381,337,606
Total current assets	1,564,001,361	1,182,997,770	991,515,690	777,616,366
Total assets	1,878,703,646	1,512,321,777	1,327,946,666	1,158,953,972
Short term debt	1,376,149,087	982,868,032	846,062,516	596,750,671
Long term debt	109,513,233	119,069,027	125,837,364	168,540,519
Total liabilities	1,485,662,320	1,101,937,058	971,899,881	765,291,190
Contributed capital	251,095,390	251,095,390	251,095,390	251,095,390
Retained earnings	141,945,936	159,289,329	104,951,395	142,567,392
Total equity	393,041,326	410,384,719	356,046,785	393,662,782
Total equity and liabilities	1,878,703,646	1,512,321,777	1,327,946,666	1,158,953,972

WÄRTSILÄ NORWAY AS940 193 575