Riskpilot← Back to searchSign inGet full accessNAMMO AS
ASActiveOrg 979984731Enggata 37, 2830 RaufossManufacture of weapons and ammunition · NACE 2530Est. 199853 employeeswww.nammo.com
Revenue 2024
NOK 211,8M
+25% vs 2023
EBITDA margin
-34.1%
-100% vs 2023
Equity ratio
23.1%
Financial strength
Net profit 2024
NOK 504,1M
+48% vs 2023
| Revenue | NOK 211,8M | +25% |
| EBITDA | NOK -72,2M | -100% |
| Net profit | NOK 504,1M | +48% |
| Total assets | NOK 4B | -13% |
| Equity | NOK 917,1M | +29% |
| Employees | 53 | — |
Legal name
NAMMO AS
Org number
979984731
Legal form
Aksjeselskap
NACE code
2530 · Manufacture of weapons and ammunition
Founded
10. juli 1998
Share capital
—
Employees
53 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Drive utvikling, produksjon og markedsføring av ammunisjonsprodukter samt opprettelse, deltagelse i og samarbeide med andre selskaper og virksomheter med lignende formål.
Address
Enggata 37, 2830 Raufoss
Website
www.nammo.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 130 096 | 3 439 156 | 47 071 | 54 731 | 58 731 | 61 415 | 65 833 | 70 070 | 79 436 | 91 572 | 100 650 | 97 856 | 97 504 | 114 426 | 138 633 | 169 932 | 211 833 |
| Staff expenses | −860 245 | −954 342 | −18 429 | −23 142 | −25 406 | −26 682 | −27 624 | −31 499 | −33 538 | −44 938 | −54 805 | −59 216 | −66 998 | −76 386 | −87 107 | −100 145 | −103 158 |
| EBITDA | 527 779 | 550 815 | −14 008 | −18 607 | −21 364 | −21 826 | −23 863 | −21 960 | −24 986 | −27 254 | −30 715 | −38 149 | −28 172 | −38 527 | −47 662 | −36 145 | −72 237 |
| Depreciation & amort. | −137 456 | −143 801 | −547 | −1 311 | −1 424 | −1 427 | −1 507 | −1 392 | −501 | −364 | −477 | −1 089 | −1 112 | −1 181 | −1 849 | −4 362 | −6 242 |
| EBIT | 390 323 | 407 014 | −14 554 | −19 918 | −22 788 | −23 253 | −25 370 | −23 352 | −25 487 | −27 618 | −31 192 | −39 238 | −29 284 | −39 708 | −49 511 | −40 507 | −78 479 |
| Net financials | −15 250 | 2 546 | 263 326 | 272 333 | 232 095 | 231 605 | 322 949 | 322 150 | 134 766 | −14 347 | 124 729 | 152 852 | 20 161 | 431 770 | 326 026 | 430 387 | 656 909 |
| Profit before tax | 375 073 | 409 560 | 248 772 | 252 415 | 209 307 | 208 352 | 297 579 | 298 798 | 109 279 | −41 965 | 93 537 | 113 614 | −9 123 | 392 062 | 276 515 | 389 880 | 578 430 |
| Tax | 103 441 | 132 614 | 31 691 | 29 668 | 22 262 | 28 649 | 38 211 | 38 062 | 19 995 | 1 182 | 24 406 | 19 827 | 644 | 36 657 | 53 190 | 49 727 | 74 302 |
| Net profit | 267 768 | 276 946 | 217 081 | 222 747 | 187 045 | 179 703 | 259 368 | 260 736 | 89 284 | −43 147 | 69 131 | 93 787 | −9 767 | 355 405 | 223 325 | 340 153 | 504 128 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 3 086 545 | 1 377 935 | 1 671 810 | 1 334 053 | 1 434 220 | 1 622 318 | 1 788 949 | 1 944 618 | 2 231 562 | 2 317 993 | 2 392 809 | 2 361 976 | 2 389 386 | 2 239 293 | 2 332 237 | 4 576 404 | 3 965 906 |
| Equity | 1 185 502 | 522 734 | 599 514 | 677 261 | 704 804 | 720 528 | 885 196 | 1 037 231 | 986 516 | 853 073 | 802 106 | 800 492 | 578 326 | 704 127 | 673 553 | 709 111 | 917 137 |
| Long-term debt | 603 724 | 474 391 | 295 832 | 297 670 | 279 451 | 312 427 | 545 958 | 750 028 | 1 085 735 | 1 323 550 | 1 338 159 | 1 259 035 | 1 530 848 | 1 235 530 | 1 274 706 | 2 396 166 | 2 445 775 |
| Short-term debt | 595 465 | 438 972 | 775 288 | 357 870 | 449 965 | 589 363 | 357 795 | 157 359 | 159 311 | 141 370 | 252 544 | 302 449 | 280 212 | 299 636 | 383 978 | 1 471 127 | 602 994 |
| Total debt | 1 046 257 | 913 363 | 1 071 119 | 655 540 | 729 416 | 901 790 | 903 753 | 907 387 | 1 245 046 | 1 464 920 | 1 590 703 | 1 561 484 | 1 811 060 | 1 535 166 | 1 658 684 | 3 867 293 | 3 048 769 |
EBITDA margin
-34.1%
This company
15.8%
Market median
-316% vs market
20082024
Equity ratio
23.1%
This company
38.2%
Market median
-40% vs market
20082024
Return on equity
55.0%
This company
18.4%
Market median
+199% vs market
20082024
Net profit margin
238.0%
This company
8.1%
Market median
+2838% vs market
20082024
Asset turnover
0.05×
This company
1.12×
Market median
-96% vs market
20082024
Debt / equity
3.32×
This company
0.62×
Market median
-435% vs market
20082024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
CE Deputy Member | Deputy Member | 2022 | — | — |
OS Deputy Member | Deputy Member | 2023 | — | — |
MB Chief Executive Officer | Chief Executive Officer | 2015 | — | — |
VS Deputy Member | Deputy Member | 2023 | — | — |
TS Deputy Member | Deputy Member | 2023 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Deputy Chairman | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2025 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Den Norske Stat | Company | 50.0% | 50.0% | 2024 |
Patria Industries Oy | Company | 50.0% | 50.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
NAMMO AS 
Nammo Nad AsBoard members of NAMMO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Caroline Espen | Deputy Member | 0 companies |
| Ole Stastad | Deputy Member | 0 companies |
| Morten Brandtzæg | Chief Executive Officer | 0 companies |
| Vivian Solhaug | Deputy Member | 0 companies |
| Tore Sørum | Deputy Member | 0 companies |
| Jan Steffen Skogseth | Board of Directors | 0 companies |
| Ville Petteri Jaakonsalo | Board of Directors | 0 companies |
| Dag Schjerven | Chairman | 0 companies |
| Päivi Johanna Lindqvist | Board of Directors | 0 companies |
| Jani Matti Kalervo Sjöman | Board of Directors | 0 companies |
| Esa Heikki Elias Rautalinko | Deputy Chairman | 0 companies |
| Cathrine Bjaarstad | Board of Directors | 0 companies |
| Sirpa-Helena Sormunen | Board of Directors | 0 companies |
| Marianne Stensrud | Board of Directors | 0 companies |
| Marjut Johanna Porkka | Board of Directors | 0 companies |
| Petri Mikael Kontola | Board of Directors | 0 companies |
| Nora Pauliina Steiner-Forsberg | Board of Directors | 0 companies |
| Gyrid Skalleberg Ingerø | Board of Directors | 0 companies |