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Orkla Health

Full company profile

uuid000bhca

Namestring
Orkla Health
Legal namestring
Orkla Health AS
Websiteurl
orklahealth.com
Company typeenum
Private
Founded yearint
1871
Descriptiontext

Orkla Health is a wholly-owned subsidiary of Orkla ASA (Oslo Stock Exchange: ORKLA) and one of Europe's largest branded consumer health companies, operating across four product categories: food supplements (Möller's, VitaePro, Oslo Skin Lab, Healthspan, Maxim, Livol, Longo Vital, Sana-Sol), oral care (Jordan, Solidox), wound care (Cederroth First Aid, Salvequick, Snøgg), and functional personal care (Perspirex, P20, Riemann, Regina). With a portfolio of approximately 80 brands and around 1,850 employees serving customers in more than 60 markets, the company reports 5.4 BNOK in operating revenues and traces its heritage to Orkla's founding in 1871. In-house manufacturing runs across sites in Norway (Vennesla, Flisa, Oslo, Lofoten), Denmark (Ishøj, Lynge, Hillerød), Spain (Bigues), and Malaysia, all governed by Orkla's Food Safety Standard.

The business model is multi-channel. Direct-to-consumer revenue flows through owned online platforms Healthspan (UK) and NutraQ; pharmacy and grocery retail reach is built on an own sales force in the Nordics, Baltics, Poland, and Spain; B2B first aid solutions for small and large enterprises are delivered through Cederroth First Aid and Snøgg; international export operates through a dedicated team with area managers, marketing specialists, and quality & regulatory knowledge serving 39 countries across five continents. Contract manufacturing for third-party brands monetizes excess capacity across the production network. Revenue mix is split between branded consumer health product sales and professional services contract manufacturing.

The portfolio has been actively expanded through bolt-on M&A, most notably the March 2022 acquisition of UK-based Healthspan Group Limited for GBP 65 million, which strengthened both DTC scale and the online sales channel. The company has logged 12 consecutive quarters of underlying EBIT growth, with Q4 2025 EBIT up 70% year-over-year. Orkla Health is currently undergoing restructuring, including closure of three factories per Q1 2026 reporting, as it consolidates operations while continuing to expand category reach and digital channels. Board oversight includes representation from Orkla ASA's CEO and EVP & Investment Executive.

Short descriptiontext

Orkla Health is a wholly-owned subsidiary of Orkla ASA and one of Europe's largest branded consumer health companies, operating approximately 80 brands across food supplements, oral care, wound care, and functional personal care, with 1,850 employees serving customers in 60+ markets via multi-channel distribution including DTC, pharmacy, grocery, B2B, and contract manufacturing.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersOslo, Norway
HQ citystring
Oslo
HQ countrystring
Norway
HQ regionstring
Europe
Markets served

Serves global market

Offices18 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
food supplements, oral care products, wound care solutions, consumer health products, functional personal care
Industry3 codes
1Functional Foods & Supplement Formats (Gummies, Chews, Powders, Shots)
CodeCRADAGAIPrimaryYes
2Vitamins & Minerals (Single Nutrients)
CodeCRADAGABPrimaryNo
3Hand & Body Care (Lotions, Creams, Body Oils)
CodeCRADANACPrimaryNo
NAICS code2 codes
  • Food (Health) Supplement Retailers456191
  • Drugs and Druggists' Sundries Merchant Wholesalers424210
SIC code2 codes
  • Food And Kindred Products2000
  • Perfumes, Cosmetics & Other Toilet Preparations2844
Product category
Consumer Health Products
Social media profiles1 record
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model2 records
1Consumer Health Products
TypeOne Time License
Description

Sale of branded consumer health products including food supplements, oral care, wound care, and functional personal care through multiple channels including pharmacies, grocery retail, and direct-to-consumer.

orklahealth.com
2Contract Manufacturing
TypeProfessional Services
Description

Contract manufacturing services for third-party brands in the consumer health space.

orklahealth.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Supply Chain, Operations, Marketing or Sales
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 14 records shown
1Möller's
Description

Known for cod liver oil and omega-3 supplements

orklahealth.com
+13 more records
Core offering1 text field

Orkla Health manufactures and distributes a portfolio of branded consumer health products across four categories: food supplements (vitamins, minerals, omega-3, cod liver oil), oral care (toothbrushes, toothpastes, dental floss), wound care and first aid (plasters, first aid kits for businesses), and functional personal care (suncream, anti-perspirant). The company sells its own brands through pharmacies, grocery food trade, direct-to-consumer online platforms (Healthspan, NutraQ), and B2B channels, supported by in-house manufacturing facilities in Norway, Denmark, Spain, and Malaysia.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • 70% EBIT growth in Q4 2025
+1 more record
Product overview1 text field

Orkla Health is one of Europe's leading branded consumer health companies with a multi-category portfolio. The company operates across four main product categories: Food supplements (including Möller's, VitaePro, Oslo Skin Lab, Healthspan, Maxim, Livol, Longo vital, Sana-Sol), Oral Care (Jordan, Solidox), Wound Care (Cederroth First Aid, Snøgg, Salvequick), and Functional Personal Care (Perspirex, P20, Riemann, Regina). Products are sold through multiple channels including pharmacies, grocery food trade, direct-to-consumer (via Healthspan and NutraQ), and B2B solutions. The company has approximately 1,850 employees serving customers in more than 60 markets, with manufacturing facilities in Norway, Denmark, Spain, and Malaysia.

Product and service1 record
1Möller's
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2022-02-24
Description

Orkla Health acquired 100% of shares in Healthspan Group Limited, a UK-based dietary supplements supplier, for GBP 65 million with potential additional payments based on future profits. The acquisition supports Orkla's strategy to strengthen its position in consumer health and online sales. Healthspan operates independently within Orkla Health and was established in 1996, known for dietary supplements and skincare products.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Danish-founded herbal and nutritional supplements company selling branded food supplements across the Nordics, UK, and other markets. Directly comparable to Orkla Health in product category (supplements, vitamins, herbal remedies) and Nordic/European go-to-market.

TypeDirect peer
Description

Swedish-listed organic and health products company owning multiple supplement and wellness brands across the Nordics. Comparable to Orkla Health in multi-brand supplements strategy, Nordic leadership, and category breadth (organic foods, supplements, personal care).

TypeDirect peer
Description

Swedish probiotic health company selling clinically backed probiotic supplements and oral health products. Overlaps with Orkla Health's supplement and oral care categories and shares the Nordic heritage and science-led positioning.

TypeBroad incumbent
Description

Global consumer health leader (formerly GSK Consumer Healthcare) with major brands such as Centrum, Emergen-C, and Sensodyne. Competes with Orkla Health across vitamins, oral care, and OTC categories but at vastly greater scale and global breadth.

TypeBroad incumbent
Description

Global consumer health division of Bayer offering supplements and OTC products (e.g., One A Day, Berocca). Overlaps with Orkla Health's supplements portfolio as a broader incumbent serving mass-market consumers worldwide.

TypeBroad incumbent
Description

Nutrition science arm of Nestlé focused on vitamins, minerals, and medical nutrition. Comparable to Orkla Health in science-backed supplements and functional nutrition, with substantially larger scale and R&D resources.

TypeBroad incumbent
Description

Global consumer health and hygiene company with OTC and health brands (Nurofen, Strepsils, Gaviscon). Adjacent competitor to Orkla Health in oral care and OTC categories, though heavier in pharmaceuticals than supplements.

TypeDirect peer
Description

Global direct-selling company with a major vitamins and supplements portfolio (Nutrilite). Comparable to Orkla Health in nutritional supplements, with a contrasting D2C/direct-sales model that targets similar end consumers.

TypeDirect peer
Description

Global direct-selling nutrition company with weight-management and supplement products. Overlaps with Orkla Health's supplements and sports nutrition categories and competes for similar health-conscious consumers.

TypeDirect peer
Description

US-based family-owned manufacturer and brand of dietary supplements, sports nutrition, and personal care products. Comparable to Orkla Health in vertically integrated supplement manufacturing and broad multi-brand portfolio.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Orkla Health

Consumer Health Productsorklahealth.com

Orkla Health is a wholly-owned subsidiary of Orkla ASA and one of Europe's largest branded consumer health companies, operating approximately 80 brands across food supplements, oral care, wound care, and functional personal care, with 1,850 employees serving customers in 60+ markets via multi-channel distribution including DTC, pharmacy, grocery, B2B, and contract manufacturing.

What Orkla Health does

Orkla Health is a wholly-owned subsidiary of Orkla ASA (Oslo Stock Exchange: ORKLA) and one of Europe's largest branded consumer health companies, operating across four product categories: food supplements (Möller's, VitaePro, Oslo Skin Lab, Healthspan, Maxim, Livol, Longo Vital, Sana-Sol), oral care (Jordan, Solidox), wound care (Cederroth First Aid, Salvequick, Snøgg), and functional personal care (Perspirex, P20, Riemann, Regina). With a portfolio of approximately 80 brands and around 1,850 employees serving customers in more than 60 markets, the company reports 5.4 BNOK in operating revenues and traces its heritage to Orkla's founding in 1871. In-house manufacturing runs across sites in Norway (Vennesla, Flisa, Oslo, Lofoten), Denmark (Ishøj, Lynge, Hillerød), Spain (Bigues), and Malaysia, all governed by Orkla's Food Safety Standard.

The business model is multi-channel. Direct-to-consumer revenue flows through owned online platforms Healthspan (UK) and NutraQ; pharmacy and grocery retail reach is built on an own sales force in the Nordics, Baltics, Poland, and Spain; B2B first aid solutions for small and large enterprises are delivered through Cederroth First Aid and Snøgg; international export operates through a dedicated team with area managers, marketing specialists, and quality & regulatory knowledge serving 39 countries across five continents. Contract manufacturing for third-party brands monetizes excess capacity across the production network. Revenue mix is split between branded consumer health product sales and professional services contract manufacturing.

The portfolio has been actively expanded through bolt-on M&A, most notably the March 2022 acquisition of UK-based Healthspan Group Limited for GBP 65 million, which strengthened both DTC scale and the online sales channel. The company has logged 12 consecutive quarters of underlying EBIT growth, with Q4 2025 EBIT up 70% year-over-year. Orkla Health is currently undergoing restructuring, including closure of three factories per Q1 2026 reporting, as it consolidates operations while continuing to expand category reach and digital channels. Board oversight includes representation from Orkla ASA's CEO and EVP & Investment Executive.

Orkla Health firmographics

Firmographics
Name
Orkla Health
Legal name
Orkla Health AS
Website
https://orklahealth.com
Company type
Private
Founded year
1871
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Orkla Health is a wholly-owned subsidiary of Orkla ASA and one of Europe's largest branded consumer health companies, operating approximately 80 brands across food supplements, oral care, wound care, and functional personal care, with 1,850 employees serving customers in 60+ markets via multi-channel distribution including DTC, pharmacy, grocery, B2B, and contract manufacturing.
Ownership category
akta.pro rank

Orkla Health industry classification

Industry
Product category
Consumer Health Products
NAICS
Food (Health) Supplement Retailers (456191), Drugs and Druggists' Sundries Merchant Wholesalers (424210)
SIC
Food And Kindred Products (2000), Perfumes, Cosmetics & Other Toilet Preparations (2844)
akta.pro primary industry
Functional Foods & Supplement Formats (Gummies, Chews, Powders, Shots) (CRADAGAI)
akta.pro secondary industries
Vitamins & Minerals (Single Nutrients) (CRADAGAB), Hand & Body Care (Lotions, Creams, Body Oils) (CRADANAC)

Keywords

  • Food supplements
  • Oral care products
  • Wound care solutions
  • Consumer health products
  • Functional personal care

Where Orkla Health is headquartered

Location

Headquarters

HQ city
Oslo
HQ country
Norway
HQ region
Europe

Offices18 records

Markets served

Orkla Health business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

  1. Consumer Health Products: Sale of branded consumer health products including food supplements, oral care, wound care, and functional personal care through multiple channels including pharmacies, grocery retail, and direct-to-consumer.
  2. Contract Manufacturing: Contract manufacturing services for third-party brands in the consumer health space.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Orkla Health product offering

Product offering

Core offering

Orkla Health manufactures and distributes a portfolio of branded consumer health products across four categories: food supplements (vitamins, minerals, omega-3, cod liver oil), oral care (toothbrushes, toothpastes, dental floss), wound care and first aid (plasters, first aid kits for businesses), and functional personal care (suncream, anti-perspirant). The company sells its own brands through pharmacies, grocery food trade, direct-to-consumer online platforms (Healthspan, NutraQ), and B2B channels, supported by in-house manufacturing facilities in Norway, Denmark, Spain, and Malaysia.

Product overview

Orkla Health is one of Europe's leading branded consumer health companies with a multi-category portfolio. The company operates across four main product categories: Food supplements (including Möller's, VitaePro, Oslo Skin Lab, Healthspan, Maxim, Livol, Longo vital, Sana-Sol), Oral Care (Jordan, Solidox), Wound Care (Cederroth First Aid, Snøgg, Salvequick), and Functional Personal Care (Perspirex, P20, Riemann, Regina). Products are sold through multiple channels including pharmacies, grocery food trade, direct-to-consumer (via Healthspan and NutraQ), and B2B solutions. The company has approximately 1,850 employees serving customers in more than 60 markets, with manufacturing facilities in Norway, Denmark, Spain, and Malaysia.

Differentiator

Problem solved

Functional benefit

Brands

  • Möller's: Known for cod liver oil and omega-3 supplements
  • VitaePro
  • Oslo Skin Lab
  • Healthspan
  • Maxim
  • Livol
  • Longo Vital
  • Sana-Sol
  • Jordan
  • Solidox
  • Cederroth First Aid
  • Salvequick
  • Riemann
  • Snøgg

Products and services

  • Möller's

Quantifiable outcome

  • 70% EBIT growth in Q4 2025
  • +1 more outcomes

Companies that use Orkla Health

Customer profile

Segments4 records

Ideal customer profiles3 records

Orkla Health technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Orkla Health partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Healthspan Group LimitedcoreStrategic or Co-development Partner · 24 February 2022Orkla Health acquired 100% of shares in Healthspan Group Limited, a UK-based dietary supplements supplier, for GBP 65 million with potential additional payments based on future profits. The acquisition supports Orkla's strategy to strengthen its position in consumer health and online sales. Healthspan operates independently within Orkla Health and was established in 1996, known for dietary supplements and skincare products.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Orkla Health competitors and assessment

Company assessment

Direct peers

  • New Nordic: Danish-founded herbal and nutritional supplements company selling branded food supplements across the Nordics, UK, and other markets. Directly comparable to Orkla Health in product category (supplements, vitamins, herbal remedies) and Nordic/European go-to-market.
  • Midsona AB: Swedish-listed organic and health products company owning multiple supplement and wellness brands across the Nordics. Comparable to Orkla Health in multi-brand supplements strategy, Nordic leadership, and category breadth (organic foods, supplements, personal care).
  • BioGaia: Swedish probiotic health company selling clinically backed probiotic supplements and oral health products. Overlaps with Orkla Health's supplement and oral care categories and shares the Nordic heritage and science-led positioning.
  • Amway: Global direct-selling company with a major vitamins and supplements portfolio (Nutrilite). Comparable to Orkla Health in nutritional supplements, with a contrasting D2C/direct-sales model that targets similar end consumers.
  • Herbalife: Global direct-selling nutrition company with weight-management and supplement products. Overlaps with Orkla Health's supplements and sports nutrition categories and competes for similar health-conscious consumers.
  • NOW Foods: US-based family-owned manufacturer and brand of dietary supplements, sports nutrition, and personal care products. Comparable to Orkla Health in vertically integrated supplement manufacturing and broad multi-brand portfolio.

Broad incumbents

  • Haleon: Global consumer health leader (formerly GSK Consumer Healthcare) with major brands such as Centrum, Emergen-C, and Sensodyne. Competes with Orkla Health across vitamins, oral care, and OTC categories but at vastly greater scale and global breadth.
  • Bayer Consumer Health: Global consumer health division of Bayer offering supplements and OTC products (e.g., One A Day, Berocca). Overlaps with Orkla Health's supplements portfolio as a broader incumbent serving mass-market consumers worldwide.
  • Nestlé Health Science: Nutrition science arm of Nestlé focused on vitamins, minerals, and medical nutrition. Comparable to Orkla Health in science-backed supplements and functional nutrition, with substantially larger scale and R&D resources.
  • Reckitt: Global consumer health and hygiene company with OTC and health brands (Nurofen, Strepsils, Gaviscon). Adjacent competitor to Orkla Health in oral care and OTC categories, though heavier in pharmaceuticals than supplements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

Orkla Health social profiles

Digital presence

Orkla Health financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Orkla Health leadership team

Management profile

Number of profiles

Profiles12 records

Orkla Health subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Orkla Health funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Orkla Health M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Orkla Health

What does Orkla Health do?

Orkla Health manufactures and distributes a portfolio of branded consumer health products across four categories: food supplements (vitamins, minerals, omega-3, cod liver oil), oral care (toothbrushes, toothpastes, dental floss), wound care and first aid (plasters, first aid kits for businesses), and functional personal care (suncream, anti-perspirant). The company sells its own brands through pharmacies, grocery food trade, direct-to-consumer online platforms (Healthspan, NutraQ), and B2B channels, supported by in-house manufacturing facilities in Norway, Denmark, Spain, and Malaysia.

Is Orkla Health a public or private company?

Orkla Health is a private company. It is classified as corporate owned and is currently operating.

When was Orkla Health founded?

Orkla Health was founded in 1871. It employs 501 to 1,000 people.

Where is Orkla Health based?

Orkla Health is headquartered in Oslo, Norway, in the Europe region.

How does Orkla Health make money?

Two revenue lines are on record. Consumer Health Products are the primary driver. The others are contract Manufacturing.

Who are Orkla Health's main competitors?

Direct peers on record are New Nordic, Midsona AB, BioGaia, Amway, Herbalife and NOW Foods. Broad incumbents are Haleon, Bayer Consumer Health, Nestlé Health Science and Reckitt.

Does Orkla Health have an API?

No public API is recorded for Orkla Health.

What industry is Orkla Health in?

Orkla Health's product category is Consumer Health Products. Its primary akta.pro industry code is CRADAGAI, Functional Foods & Supplement Formats (Gummies, Chews, Powders, Shots), with a secondary code of CRADAGAB, Vitamins & Minerals (Single Nutrients). Its NAICS code is 456191 and its SIC code is 2000.

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Live signals
MynewsdeskOrkla Health acquires HealthspanOrkla Health has acquired 100% of the shares in Healthspan Group Limited, a prominent supplier of dietary supplements in the UK. The acquisition, valued at GBP 65 million with potential additional payments based on Healthspan's performance, is aimed at strengthening Orkla's position in consumer health and online sales. Healthspan will operate as a stand-alone subsidiary within Orkla Health while benefiting from Orkla's resources for growth.AvanzaOrkla Health kjøper HealthspanOrkla Health has acquired Healthspan, a British consumer health company, for £65 million from the estate of its late founder. The acquisition aims to strengthen Orkla's position in the direct-to-consumer market and expand its portfolio of dietary supplements and skincare products. Healthspan will continue to operate as an independent entity under Orkla Health's leadership.E24Orkla kjøper Vesterålen Marine OljeOrkla Health acquired 95% of Vesterålen Marine Olje, a producer of raw materials based on white fish, to develop the business further. The transaction, which aims to enhance vertical integration for Möller's Tran, was announced in a Norwegian market report.PR NewswireWorldwide Omega 3 Industry to 2028 - Players Include Aker Biomarine Antarctic, Orkla Health and BASF Among OthersResearchAndMarkets.com published a market research report on the global omega 3 industry, projecting the market to reach USD 3.82 billion by 2028 with a compound annual growth rate of 7.8% over the forecast period. The report covers market segmentation by type (EPA, DHA, ALA), source (marine, plant), and application (supplements, pharmaceuticals, infant formula, animal feed), identifying key players including BASF SE, Koninklijke DSM N.V., Lonza, and Croda International Plc. Notable industry developments include a November 2019 krill oil supply agreement between Aker BioMarine and Acasti Pharma, and Cargill's August 2019 approval for producing canola-sourced omega 3 for aquaculture feed.GlobeNewswireOrkla ASA: New CEOs at Orkla Health and Pierre Robert GroupHege Holter Brekke will become CEO of Orkla Health on 1 October 2018, succeeding Henning Søgaard. Tine Hammernes Leopold will take over as CEO of Pierre Robert Group from Brekke on the same date. Both will join Orkla Care's management team.GlobeNewswireOrkla acquires attractive gut health brand in PolandOrkla Health Poland completed an asset acquisition of the Colon-C gut health brand in Poland. The brand generated PLN 14.6 million (approx. NOK 31 million) in 2015 and will be consolidated into Orkla's accounts on 1 October 2016. The deal aims to strengthen Orkla's position in the growing gut health category.GlobeNewswireOrkla takes over Collett PharmaOrkla acquired Collett Pharma from Ferd Private Equity Fund, which had bought it from Nycomed Pharma eighteen months ago. The deal also includes Pronova Biocare's European consumer business, with Collett Pharma expected to generate NOK 350 million in 2005 revenue and 49 employees.