MHWIRTH AS

HMH - A premier drilling solutions provider

HMH delivers a broad portfolio of offshore and onshore drilling equipment and services that enable safer and more efficient operations.

Keywords

productionelevatorsconveyor beltsmachinesdrillingcuttingloweringtunnel boringsiftingsortingwashingcrushingconcrete mixersmortar mixersbulldozersangle dozerssorting machinesgradersexcavatorsloadersram truckspile driversmortar spreadersasphalt spreaderstracked vehiclestractorsdump trucks

Organization

CEO: PS
Pål Skogerbø1973
Chairman of the board: DW
Dwight William Rettig1960
Years since formation: 30 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 616

Ownership

Number of shares and share classes: 100,200,004; 1 share class
Total number of shareholders: 1; person
Belongs to group of

Financials

Total operating income 2023: 2,276,129,000; NOK
Annual total result 2023: -43,260,000; NOK
Total equity 2023: 1,680,539,000; NOK

Last update: Dec 31, 2024

Management

Management / administration

Name	Role	Shares
PS Pål Skogerbø 1973	Managing Director/CEO	-

Board

Name	Role	Shares
DW Dwight William Rettig 1960	Chairman	-
EB Eirik Bergsvik 1960	Board Member	-
PS Pål Skogerbø 1973	Board Member	-
DA Dag Arthur Stenevik 1964	Board Member	-
AA Arne Albrektsen 1984	Board Member	-
AC Asle Christian Halvorsen 1987	Board Member	-
SS Stian Sjølund 1973	Board Member	-
JI Jon Ivar Syvertsen 1984	Alternate Member	-
KS Kjell Sunde 1963	Alternate Member	-
SP Sundeep Patpatia 1984	Alternate Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-
C COGNIZANT ACCOUNTING SERVICES NORWAY AS	Accountant	-

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
HM Holding Bv Mhh	Ordinary shares	100,200,004	100 %

Shares owned by the MHWIRTH AS

Name	Share class	Number of shares	Share
M MHWIRTH HOLDCO AS	Ordinary shares	1	100 %
E ELECTRICAL SUBSEA & DRILLING AS	Ordinary shares	625	100 %
F FUTURE WELL CONTROL AS	Ordinary shares	2,000	10 %
A AGDER RESEARCH HOLDING AS	Ordinary shares	26	2.6 %
L LISTER NYSKAPING AS	Ordinary shares	5,000	0.18 %

Last update: May 24, 2024

Group structure

MHWIRTH AS
Total operating income 2023: NOK 2,276,129,000
Operating profit 2023: NOK 10,642,000
Employees: 616

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	2,276,129,000	2,346,153,000	1,762,348,000
Annual Total Result	-43,260,000	93,900,000	-7,952,000
Total assets	3,070,157,000	3,379,611,000	2,803,206,000
Total liabilities	1,389,618,000	1,655,351,000	1,174,027,000
Total equity	1,680,539,000	1,724,260,000	1,629,179,000

P&L

Year	2023	2022	2021
Total operating income	2,276,129,000	2,346,153,000	1,762,348,000
Total operating costs	2,265,487,000	2,287,131,000	1,685,576,000
Operating result	10,642,000	59,022,000	76,772,000
Financial income/costs	-35,541,000	75,053,000	-28,262,000
Profit before tax	-24,899,000	134,075,000	48,510,000
Total tax & extraordinary income/cost	18,361,000	40,175,000	56,462,000
Annual Total Result	-43,260,000	93,900,000	-7,952,000

Balance overview

Year	2023	2022	2021
Total fixed assets	1,909,588,000	1,993,186,000	2,289,527,000
Total current assets	1,160,569,000	1,386,425,000	513,679,000
Total assets	3,070,157,000	3,379,611,000	2,803,206,000
Short term debt	1,130,661,000	1,269,960,000	643,062,000
Long term debt	258,957,000	385,391,000	530,965,000
Total liabilities	1,389,618,000	1,655,351,000	1,174,027,000
Contributed capital	2,572,717,000	2,572,717,000	2,572,717,000
Retained earnings	-892,178,000	-848,457,000	-943,538,000
Total equity	1,680,539,000	1,724,260,000	1,629,179,000
Total equity and liabilities	3,070,157,000	3,379,611,000	2,803,206,000

MHWIRTH AS942 524 544

MHWIRTH AS

Keywords

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Ownership

Company shareholders

Shares owned by the MHWIRTH AS

Group structure

Financials

Summary

P&L

Balance overview

Classification