NOGVA SVOLVÆR A/S

Operating

Produksjon- og fabrikkvirksomhet, handel samt ved aksjetegning m.v. å gjøre seg interessert i andre bedrifter med lignende virksomhet.

Keywords

productioninternal combustion piston enginesboat engineslocomotive enginespistonspiston ringscarburetorsdiesel enginesintake valvesexhaust valvesturbinessteam turbineshydraulic turbineswater wheelswindmillsgas turbinesturbogenerators

Organization

CEO: TP
Tage Paaske Pedersen1976
Chairman of the board: KP
Kjell Palmar Norvoll1956
Years since formation: 31 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 10

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2025: 24,871,689; NOK
Annual total result 2025: 1,835,607; NOK
Total equity 2025: 18,752,194; NOK

Last update: Aug 10, 2026

Management

Management / administration

Name	Role	Shares
TP Tage Paaske Pedersen 1976	Managing Director/CEO	-

Board

Name	Role	Shares
KP Kjell Palmar Norvoll 1956	Chairman	25 % indirectly
RH Rune Hasund 1965	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
KP Kjell Palmar Norvoll 1956	Chairman	25 % indirectly
AK Anne Kårhild Nogva Norvoll 1956	-	25 % indirectly
KA Kåre Arnt Nogva 1955	-	11 % indirectly
LÅ Lars Åge Nogva 1963	-	10 % indirectly
KL Kirsti Lisbet Nogva Mårstøl 1956	-	10 % indirectly
AK Astrid Karin Nogva 1966	-	9.55 % indirectly
SN Skjalg Nogva 1972	-	9.45 % indirectly

Last update: Mar 13, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
N NOGVA MOTORFABRIKK AS	Ordinary shares	100	100 %

Shares owned by the NOGVA SVOLVÆR A/S

Name	Share class	Total number of shares	Share
L LOFOTSTAND AS	Ordinary shares	30	4.73 %

Last update: Jun 2, 2025

Group structure

NOGVA MOTORFABRIKK AS
Total operating income 2025: NOK 541,235,875
Operating profit 2025: NOK 55,609,612
Employees: 121

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	24,871,689	24,065,745	23,288,158	21,800,612	21,594,350
Annual Total Result	1,835,607	2,891,274	2,052,160	1,788,580	1,487,828
Total assets	28,011,029	25,542,500	22,723,734	21,639,390	21,013,967
Total liabilities	9,258,836	7,455,913	5,188,422	5,156,237	5,149,395
Total equity	18,752,194	18,086,587	17,535,313	16,483,153	15,864,573

P&L

Year	2025	2024	2023	2022	2021
Total operating income	24,871,689	24,065,745	23,288,158	21,800,612	21,594,350
Total operating costs	22,885,774	20,601,508	20,827,055	19,547,475	19,676,990
Operating result	1,985,915	3,464,237	2,461,104	2,253,138	1,917,360
Financial income/costs	366,986	243,315	169,732	39,898	-9,889
Profit before tax	2,352,901	3,707,553	2,630,836	2,293,035	1,907,471
Total tax & extraordinary income/cost	517,294	816,279	578,676	504,455	419,643
Annual Total Result	1,835,607	2,891,274	2,052,160	1,788,580	1,487,828

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	6,584,058	5,904,033	6,292,198	2,924,360	3,206,992
Total current assets	21,426,971	19,638,467	16,431,536	18,715,030	17,806,975
Total assets	28,011,029	25,542,500	22,723,734	21,639,390	21,013,967
Short term debt	9,258,836	7,455,913	5,188,422	5,156,237	5,149,395
Long term debt	0	0	0	0	0
Total liabilities	9,258,836	7,455,913	5,188,422	5,156,237	5,149,395
Contributed capital	100,000	100,000	100,000	100,000	100,000
Retained earnings	18,652,194	17,986,587	17,435,313	16,383,153	15,764,573
Total equity	18,752,194	18,086,587	17,535,313	16,483,153	15,864,573
Total equity and liabilities	28,011,029	25,542,500	22,723,734	21,639,390	21,013,967

Classification

21st company classification

BETA

Small company

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