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N

NOV PROCESS & FLOW TECHNOLOGIES AS918 094 180

Services for oil and gas
Limited company
Martin Linges vei 33 1364 FORNEBU, Norge

NOV PROCESS & FLOW TECHNOLOGIES AS

Keywords

crude oilnatural gasassemblydisassemblyinspectionrepairmaintenance (irm)insulationsurface treatmentscaffolding (iso)heatingventilationair conditioning (hvac)seabedcontrol cablesrisersflow pipesfloating tankersfpsodiving operationsunderwater exploration (rov)pipescablesengineeringproject activitiesliquefactionregasificationfirefighting

Organization

Chairman of the board
Years since formation
9 years
since Nov 23, 2016
Type
Limited company
VAT registered
Yes
Number of employees
198

Ownership

Number of shares and share classes
500,000
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
2,757,070,000
NOK
Annual total result 2024
179,147,000
NOK
Total equity 2024
447,282,000
NOK
Last update: Jun 13, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-
Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: Jun 24, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
Ordinary shares
500,000
100 %

Shares owned by the NOV PROCESS & FLOW TECHNOLOGIES AS

NameShare classTotal number of sharesShare
M
MIDSUND BRUK AS
Ordinary shares
19,700
100 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year2024202320222021
Total operating income
2,757,070,000
1,373,481,000
761,454,000
637,059,000
Annual Total Result
179,147,000
23,875,000
-91,820,000
-37,408,000
Total assets
2,198,265,000
1,192,931,000
831,906,000
796,989,000
Total liabilities
1,750,983,000
942,211,000
565,422,000
457,959,000
Total equity
447,282,000
250,720,000
266,484,000
339,029,000

P&L

Year2024202320222021
Total operating income
2,757,070,000
1,373,481,000
761,454,000
637,059,000
Total operating costs
2,619,671,000
1,309,084,000
828,677,000
666,922,000
Operating result
137,399,000
64,397,000
-67,223,000
-29,863,000
Financial income/costs
83,912,000
-45,138,000
4,051,000
-25,257,000
Profit before tax
221,311,000
19,259,000
-63,172,000
-55,120,000
Total tax & extraordinary income/cost
42,164,000
-4,616,000
28,648,000
-17,712,000
Annual Total Result
179,147,000
23,875,000
-91,820,000
-37,408,000

Balance overview

Year2024202320222021
Total fixed assets
279,919,000
289,119,000
312,439,000
311,349,000
Total current assets
1,918,346,000
903,812,000
519,467,000
485,640,000
Total assets
2,198,265,000
1,192,931,000
831,906,000
796,989,000
Short term debt
1,621,135,000
915,866,000
531,945,000
434,198,000
Long term debt
129,848,000
26,345,000
33,477,000
23,762,000
Total liabilities
1,750,983,000
942,211,000
565,422,000
457,959,000
Contributed capital
219,741,000
219,741,000
266,484,000
339,029,000
Retained earnings
227,541,000
30,979,000
0
0
Total equity
447,282,000
250,720,000
266,484,000
339,029,000
Total equity and liabilities
2,198,265,000
1,192,931,000
831,906,000
796,989,000

Classification

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
B
Main industrial area
Mining and quarrying
09
Activity
Mining support service activities
09.1
Main industrial group
Support activities for petroleum and natural gas extraction
09.10
Industrial group
Support activities for petroleum and natural gas extraction
09.109
Industrial group
Other support activities for petroleum and natural gas extraction