Magnora A MGN.OL · NOK

Its shares trade on Oslo Børs under the ticker MGN.OL. It has been listed since 13 December 2004. In the fiscal year to 31 December 2025, it reported net income of NOK 20.1m. At that date it held total assets of NOK 446.7m and shareholders' equity of NOK 377.2m.

Magnora ASA is a technology, design and engineering company. The company is headquartered in Oslo, Oslo. The company went IPO on 2004-12-13. The firm operates, along with its subsidiaries, in three business segments: the Floating Production segment is related to the design, engineering, construction and operation of the floating production, storage and off-loading (FPSO); the Topside and Process Technology segment provides services and equipment to the processing plants of the Sevan FPSOs and external clients, and the Corporate segment covers activities related to general administration and marketing activities, including studies made for clients.

Figures and description from our data supplier, not checked against the company's own report.

• Mr. Torstein SannessExecutive Independent Chairman of the Board, since 2017NOK 265,000
• Mr. Erik SneveChief Executive OfficerNOK 4.8m
• Mr. Bard OlsenChief Financial OfficerNOK 2.0m
• Mrs. Hilde AdlandIndependent DirectorNOK 125,000
• Mr. John HamiltonIndependent Director

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