Stock MGN MAGNORA ASA
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Company Magnora ASA

Equities

MGN

NO0010187032

Renewable Energy Equipment & Services

Real-time Oslo Bors
Other stock markets
 04:27:13 2024-04-29 am EDT 		5-day change 1st Jan Change
29.9 NOK +0.67% Intraday chart for Magnora ASA +2.93% -9.39%
Apr. 23 Magnora Portfolio Company Delivers Two Solar Projects in Sweden MT
Apr. 23 Magnora to Pursue Demerger of Legacy Business Hermana MT

Business Summary

Magnora ASA is a Norway-based investment company. It is engaged in the investing in renewable energy companies and projects and has over the past year been able to expand into solar photovoltaic (PV), offshore wind, onshore wind and solar PV enhancing technology market across the Nordics, United Kingdom and South Africa. The Company’s activities are divided into two business segments: Corporate and Projects. The Corporate segment consists of the corporate staff and represents the cost base of the Group, all licensing revenues from legacy oil and gas contracts are managed and reported as part of the corporate segment; and The Project segment consists of the portfolio companies, projects, and all related activities.

Number of employees: 20

Sales per Business

NOK in Million2022Weight2023Weight Delta
Projects
91.0 %
0 0.3 % 249 91.0 % +82,966.67%
Corporate Segment
16.4 %
103 111.9 % 45 16.4 % -56.28%
Elimination
-7.4 %
-11 -12.2 % -20 -7.4 % +81.25%

Sales per region

NOK in Million2022Weight2023Weight Delta
United Kingdom
50.6 %
88 95.5 % 13 50.6 % -85.73%
Norway
48.6 %
1 0.7 % 12 48.6 % +1,900.00%
Sweden
0.8 %
4 3.8 % 0 0.8 % -94.29%

Managers

Managers TitleAgeSince
Erik Sneve CEO
 Chief Executive Officer - 19-04-16
Bård Olsen DFI
 Director of Finance/CFO - 19-08-31
Inger Johanne Iversen ADM
 Chief Administrative Officer - 05-12-31
Peter Nygren COO
 Chief Operating Officer 66 -
Hanne Wiger AUD
 Comptroller/Controller/Auditor - -
Trond Gartner PRN
 Corporate Officer/Principal - -
Alfstad Haakon PRN
 Corporate Officer/Principal - -
Bjorn Gisle Gronlie LAW
 General Counsel 46 -

Members of the board

Members of the board TitleAgeSince
John Hamilton BRD
 Director/Board Member 58 18-12-17
Torstein Sanness CHM
 Chairman 77 17-05-24
Hilde Ådland BRD
 Director/Board Member - 18-05-23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 66,822,679 36,241,371 ( 54.24 %) 1,070,854 ( 1.603 %) 54.24 %

Shareholders

NameEquities%Valuation
City of Oslo
6.696 %
4,474,272 6.696 % 13 M kr
King Kong Invest AS
3.997 %
2,670,995 3.997 % 8 M kr
Ginny Invest AS
3.695 %
2,469,144 3.695 % 7 M kr
Edvin Austbø
3.319 %
2,217,825 3.319 % 6 M kr
F1 Funds AS
2.720 %
1,817,870 2.720 % 5 M kr
Philip Holding AS
2.467 %
1,648,377 2.467 % 5 M kr
F2 Funds AS
2.439 %
1,630,000 2.439 % 5 M kr
Bernt Endrerud
2.245 %
1,500,000 2.245 % 4 M kr
MP Pensjon PK
1.860 %
1,242,732 1.860 % 4 M kr
Erik Sneve
1.814 %
1,212,061 1.814 % 3 M kr

Holdings

NameEquities%Valuation
MAGNORA ASA
1.60%
 1,070,854 1.60% 3,051,998 $

Company contact information

Magnora ASA

Karenlyst Alle 6

0278, Oslo

+

http://www.magnoraasa.com
address Magnora ASA(MGN)

Sector

Energy
Renewable Energy
Renewable Energy
Renewable Energy Equipment & Services
Other Renewable Energy Equipment & Services

Sales per Business

Sales per region

Ratings for Magnora ASA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
2.689 USD
Average target price
3.946 USD
Spread / Average Target
+46.72%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Renewable Energy Equipment & Services

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