Liquidity
Weak0
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
MINING AS
Org. no. 980 811 700 · Private limited company (AS) · Active · C/O Leonhard Nilsen & Sønner AS, Dragnesveien 53, 8484, RISØYHAMN · ANDØY · 07.100 – Mining of iron ores
ActiveRegister of Business Enterprises
- Organisation form
- AS
- Employees
- Not registered
- Established
- 28 December 1998
- Municipality
- ANDØY
- Industry code
- 07.100
MINING AS is a private limited company (as) registered in RISØYHAMN since 1998. The organisation number is 980 811 700. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 15 November 2026 at 20:16
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Missing data–
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Weak-3,855,397.4 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- –
- Fiscal year 2025
- Net result
- -168 k NOK
- Fiscal year 2025
- Equity
- -50.0 m NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- –
- Registered in the Central Coordinating Register
- Founded
- 28 December 1998
- Place
- RISØYHAMN
- Industry
- Mining of iron ores
- 07.100
- Public contracts
- –
- Roles
- 8
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
37
av 100
High risk
⚠ Negative equity
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 980 811 700
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 17 June 1999
- Date of incorporation
- 28 December 1998
- Number of employees
- No registered employees
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- Not stated
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
C/O Leonhard Nilsen & Sønner AS, Dragnesveien 538484 RISØYHAMNANDØY municipalityNorgePostal address
Not registered
Industry
Industry and sector
- 07.100
Mining of iron ores(main industry)
B Mining and quarrying › 07 Mining of metal ores › 07.1 Mining of iron ores › 07.10 Mining of iron ores
See the industry: largest companies and key figures →What does this industry cover?
Inkluderer: Omfatter bryting av malm som hovedsakelig brukes pga. jerninnholdet, opparbeiding og agglomerering av jernmalm Ekskluderer: Bryting og bearbeiding av svovelkis og magnetkis (unntatt røsting), grupperes under: 08.91 Bryting og utvinning av kjemiske mineraler og gjødselsmineraler
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Eie aksjer og andeler i selskap med virksomhet innen bryting og bergverksdrift, produksjon og omsetning av gruveprodukter og tilknyttet virksomhet, samt annen virksomhet som står i forbindelse med.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
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Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
Liquidity
Weak0
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Missing data–
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Weak-3,855,397.4 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | – | – | – | Not enough history |
| Operating profit | -164,734 | -2,165,878 | -2,950,057 | |
| Profit before tax | -168,440 | -20,939,552 | -222,231,270 | |
| Net result | -168,440 | -20,988,214 | -222,231,270 | |
| Total assets | 1,298 | 22,868 | 857,979 | |
| Equity | -50,043,058 | -49,874,619 | -28,886,405 | |
| Liabilities | 50,044,356 | 49,897,486 | 29,744,384 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
3 fiscal years (2023–2025)
- Operating revenue 2025
- –
- Net result 2025
- -168,440 NOK
- Revenue growth
- –
Revenue and profit
Amounts in NOK
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating expenses | 164,734 NOK |
|---|---|
| Operating profit | -164,734 NOK |
| Net financial items | -3,706 NOK |
| Profit before tax | -168,440 NOK |
| Net result | -168,440 NOK |
Assets
| Total current assets | 1,298 NOK |
|---|---|
| Total assets | 1,298 NOK |
Equity and liabilities
| Paid-in equity | 10,000,000 NOK |
|---|---|
| Retained earnings | -60,043,058 NOK |
| Total equity | -50,043,058 NOK |
| Current liabilities | 312,321 NOK |
| Total debt | 50,044,356 NOK |
| Total equity and liabilities | 1,298 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating expenses | 2,165,878 NOK |
|---|---|
| Operating profit | -2,165,878 NOK |
| Total financial income | 216,006 NOK |
| Total financial expenses | 18,989,680 NOK |
| Net financial items | -18,773,674 NOK |
| Profit before tax | -20,939,552 NOK |
| Net result | -20,988,214 NOK |
Assets
| Total fixed assets | 0 NOK |
|---|---|
| Total current assets | 22,868 NOK |
| Total assets | 22,868 NOK |
Equity and liabilities
| Paid-in equity | 10,000,000 NOK |
|---|---|
| Retained earnings | -59,874,619 NOK |
| Total equity | -49,874,619 NOK |
| Current liabilities | 818,465 NOK |
| Long-term liabilities | 49,079,021 NOK |
| Total debt | 49,897,486 NOK |
| Total equity and liabilities | 22,867 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating expenses | 2,950,057 NOK |
|---|---|
| Operating profit | -2,950,057 NOK |
| Total financial income | 4,382 NOK |
| Total financial expenses | 219,285,595 NOK |
| Net financial items | -219,281,213 NOK |
| Profit before tax | -222,231,270 NOK |
| Net result | -222,231,270 NOK |
Assets
| Total fixed assets | 0 NOK |
|---|---|
| Total current assets | 857,979 NOK |
| Total assets | 857,979 NOK |
Equity and liabilities
| Paid-in equity | 10,000,000 NOK |
|---|---|
| Retained earnings | -38,886,405 NOK |
| Total equity | -28,886,405 NOK |
| Current liabilities | 3,358,953 NOK |
| Long-term liabilities | 26,385,431 NOK |
| Total debt | 29,744,384 NOK |
| Total equity and liabilities | 857,979 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2024 | 2023 |
|---|---|---|---|
| Equity ratioTotal equity divided by total assets. | -3,855,397.4 % | -218,097.9 % | -3,366.8 % |
| Current ratioTotal current assets divided by total current liabilities. | 0 | 0.03 | 0.26 |
| Debt ratioTotal liabilities divided by total equity. | -1 | -1 | -1.03 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | – | -8,526.6 % | -343.3 % |
| Return on equityNet profit divided by total equity. | 0.3 % | 42.1 % | 769.3 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
- 2025, Debt ratio: Negativ egenkapital gjør forholdstallet vanskelig å tolke.
- 2024, Debt ratio: Negativ egenkapital gjør forholdstallet vanskelig å tolke.
- 2023, Debt ratio: Negativ egenkapital gjør forholdstallet vanskelig å tolke.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerArnt Eirik Rørnes
Board
- Chair of the boardFrode Michal Nilsen
- Board memberKristian Arne Adolfsen
- Board memberAndreas Kibsgaard Haugen
- Deputy board memberBenn Harald Eidissen
- Deputy board memberOle Fredrik Hienn
- Deputy board memberRune Rydningen
- Deputy board memberJonas Einar Tetlie
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 0
No sub-units
The company has no registered sub-units in the Central Coordinating Register.
More about the company
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 20:16
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 20:16
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 15 November 2026 at 20:16
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 15 November 2026 at 20:16
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 15 November 2026 at 20:16
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
Read about the data sources