Magnora ASA (FRA:4SM)
1.670
+0.024 (1.46%)
Last updated: Oct 24, 2025, 8:02 AM CET
Magnora ASA Company Description
Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom.
The company focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It serves renewable energy operators, investment and oil companies, and global marine contractors.
The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018.
Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Magnora ASA
| Country | Norway |
| Founded | 2001 |
| Industry | Oil and Gas Field Services, not elsewhere classified |
| Employees | 33 |
| CEO | Erik Sneve |
Contact Details
Address: Karenslyst Alle 6 Oslo, 0278 Norway | |
| Website | magnoraasa.com |
Stock Details
| Ticker Symbol | 4SM |
| Exchange | Frankfurt Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | NOK |
| SIC Code | 1389 |
Key Executives
| Name | Position |
|---|---|
| Erik Sneve | Chief Executive Officer |
| Bard Olsen | Chief Financial Officer |
| Stein Bjornstad | Chief Operating Officer |