NATIONAL OILWELL VARCO NORWAY AS
Keywords
productionelevatorsconveyor beltsmachinesdrillingcuttingloweringtunnel boringsiftingsortingwashingcrushingconcrete mixersmortar mixersbulldozersangle dozerssorting machinesgradersexcavatorsloadersram truckspile driversmortar spreadersasphalt spreaderstracked vehiclestractorsdump trucks
Organization
- CEO
- JR
- Chairman of the board
- JE
- Years since formation
- 29 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 1482
Ownership
- Number of shares and share classes
- 37,631,344
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2023
- 542,320,000
- NOK
- Annual total result 2023
- 911,000
- NOK
- Total equity 2023
- 391,381,000
- NOK
Last update: Oct 14, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JR | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
JE | Chairman | - |
FJ 1971 | Board Member | - |
JR | Board Member | - |
AJ 1965 | Board Member | - |
TB | Board Member | - |
HE 1983 | Board Member | - |
TL | Board Member | - |
TB | Board Member | - |
SH 1970 | Alternate Member | - |
OS | Alternate Member | - |
| Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Oct 9, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 37,631,344 | 100 % |
Shares owned by the NATIONAL OILWELL VARCO NORWAY AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 500,000 | 100 % | |
| Ordinary shares | 250 | 100 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 542,320,000Operating profit 2023: NOK 26,151,000Employees: 1482
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 542,320,000 | 415,735,000 | 419,420,000 |
Annual Total Result | 911,000 | 26,775,000 | 11,030,000 |
Total assets | 1,181,930,000 | 1,130,588,000 | 1,571,979,000 |
Total liabilities | 790,550,000 | 793,582,000 | 967,973,000 |
Total equity | 391,381,000 | 337,007,000 | 604,006,000 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 542,320,000 | 415,735,000 | 419,420,000 |
Total operating costs | 516,169,000 | 403,070,000 | 404,123,000 |
Operating result | 26,151,000 | 12,665,000 | 15,297,000 |
Financial income/costs | -5,891,000 | 11,456,000 | -6,725,000 |
Profit before tax | 20,260,000 | 24,121,000 | 8,572,000 |
Total tax & extraordinary income/cost | 19,349,000 | -2,654,000 | -2,458,000 |
Annual Total Result | 911,000 | 26,775,000 | 11,030,000 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 763,977,000 | 730,099,000 | 1,108,686,000 |
Total current assets | 417,953,000 | 400,489,000 | 463,293,000 |
Total assets | 1,181,930,000 | 1,130,588,000 | 1,571,979,000 |
Short term debt | 387,695,000 | 552,420,000 | 475,004,000 |
Long term debt | 402,855,000 | 241,162,000 | 492,969,000 |
Total liabilities | 790,550,000 | 793,582,000 | 967,973,000 |
Contributed capital | 361,101,000 | 311,259,000 | 311,259,000 |
Retained earnings | 30,280,000 | 25,748,000 | 292,747,000 |
Total equity | 391,381,000 | 337,007,000 | 604,006,000 |
Total equity and liabilities | 1,181,931,000 | 1,130,589,000 | 1,571,979,000 |
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
28
Activity
Manufacture of machinery and equipment n.e.c.
28.9
Main industrial group
Manufacture of other special-purpose machinery
28.92
Industrial group
Manufacture of machinery for mining, quarrying and construction
28.920
Industrial group
Manufacture of machinery for mining, quarrying and construction