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Magnora ASA
Karenslyst Alle 6
Phone: +47 37404000p:+47 37404000 OSLO, 0277  Norway Ticker: MGNMGN
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
6799 Investors, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Independent Chairman of the Board TorsteinSanness 76 4/17/2019 5/24/2017
Chief Executive Officer ErikSneve 4/17/2019 4/17/2019
Chief Financial Officer BardOlsen 9/1/2019 9/1/2019
Independent Director HildeAdland 52 5/24/2018 5/24/2018
Independent Director John A.Hamilton 12/18/2018 12/18/2018

Business Names
Business Name
0MHQ
MGN
SEVAN
Sevan Marine ASA
SVMRY
TORP LNG AS

General Information
Number of Employees: 19 (As of 12/31/2023)
Outstanding Shares: 65,751,825 (As of 12/31/2023)
Shareholders: 8,301
Stock Exchange: OSL
Fax Number: +47 37404099


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Thursday, April 18, 2024