K A Rasmussen As
- Company typePrivate
- Founded1872
- HeadquartersHamar, Norway
- Headcount—
- GTM typeB2B and B2C
- OfferingServices
K A Rasmussen As firmographics
Firmographics- Name
- K A Rasmussen As
- Legal name
- K.A. Rasmussen AS
- Website
- https://karasmussen.com
- Company type
- Private
- Founded year
- 1872
- Operating status
- Operating
- Ownership category
- akta.pro rank
K A Rasmussen As industry classification
Industry- Product category
- Precious Metals Refining and Trading
- NAICS
- Metal Service Centers and Other Metal Merchant Wholesalers (423510), Metal Service Centers and Other Metal Merchant Wholesalers (42351), Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (42394), Recyclable Material Merchant Wholesalers (42393)
- SIC
- Primary Smelting & Refining Of Nonferrous Metals (3330), Wholesale-Metals & Minerals (No Petroleum) (5050), Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)
- akta.pro primary industry
- Precious Metals Smelting & Refining (IMAKAEAE)
- akta.pro secondary industries
- Precious Metals Minting & Bullion Products (IMAKAEAJ), Precious Metals Recycling & Urban Mining (E-waste, Catalysts, Jewelry Scrap) (IMAKAEAG), Precious Metals Bullion & Concentrates Trading (Gold, Silver, PGM) (IMAKAJAD), Scrap Metal Export/Import & Trading (International Sourcing, Compliance, Documentation) (IMAKAMAL)
Keywords
Where K A Rasmussen As is headquartered
LocationHeadquarters
- HQ city
- Hamar
- HQ country
- Norway
- HQ region
- Europe
Offices4 records
Markets served
K A Rasmussen As business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Others
Revenue model
- Purchase and Sale of Precious Metals: Buying gold, silver, platinum, palladium, and rhodium from private and business customers at market-reflective prices, refining and reselling. Also selling investment coins, bars, and circulated metals via online store. Revenue based on spot market pricing with percentage additions or deductions.
- Refining Services for Business: Refining precious metals for industrial and business customers. Services include analysis, melting, homogenization, and extraction of individual elements. Settlement via metal account or direct bank payment within 5-7 business days.
- Goldsmith Materials and Semi-Finished Products: Sale of precious metal sheets, wire, granules, casting grain, solder, and anodes in gold, silver, and platinum alloys to goldsmiths and jewelry workshops. Includes custom alloys and special orders.
- Metal Account Service: Metal account for settling transactions in weight rather than monetary value. Customers deposit refined metals, use balance to purchase new materials, with no interest on positive balances. Efficient recycling cycle reducing material costs for goldsmiths.
- Investment Storage: Fully insured secure storage of investment metals in personal boxes within secured facilities. Annual storage fee based on LBMA fix pricing. Provides customers with simplified administration and high security for larger holdings.
- Catalyst Products (Silver and PGM): Supply of silver catalysts (including Karnet) and platinum/PGM catalyst gauzes and systems to industrial customers in nitric acid production and other chemical processes. Includes recycling and inspection of used catalysts.
- Recycling Services: Comprehensive recycling of precious metals from used catalysts, sludge, powder, coated materials, aircraft engine components, filter materials, and more. Global logistics support including shipping, administration, and import of hazardous goods.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Investment metals (coins and bars) — spot-based pricing with retail markup |
| Unit Pricing | Pay-as-you-go | Refining and metal recycling — market weight-based pricing |
| Subscription | Annual | Secure storage of investment metals — annual fee |
| Unit Pricing | Pay-as-you-go | Goldsmith materials — sheet, wire, granules, solder, anodes |
Go-to-market motion4 records
Distribution channels5 records
Marketing channels5 records
K A Rasmussen As product offering
Product offeringCore offering
K.A. Rasmussen AS refines, produces, and trades precious metals (gold, silver, platinum, palladium, rhodium) from its Hamar, Norway facility. The company sells physical investment coins and bars to private customers, supplies alloys and semi-finished materials to goldsmiths, and provides industrial catalysts (silver and PGM), metal recycling, and laboratory analysis services to industrial customers worldwide.
Product overview
K.A. Rasmussen As operates as a unified precious metals services company offering an integrated portfolio of products and services. The core business encompasses refining of gold, silver, platinum, palladium, and rhodium; investment metals (proprietary Viking Kings coin series plus internationally recognized coins and bars); industrial catalysts (silver and platinum/PGM under the Karnet brand); laboratory and analysis services; and precious metal recycling. A metal account system ties these services together, allowing customers to maintain metal balances for seamless transactions across buying, selling, and refining. Additional services include secure storage for investment metals and materials for jewelers (sheets, wire, granules, solder, anodes). All refining and production occurs at the company's Hamar facility, with distribution to Nordic countries, Asia, and Australia.
Differentiator
Problem solved
Functional benefit
Products and services
- Investment Metals (Gold, Silver, Platinum, Palladium Coins and Bars)
Quantifiable outcome
- Over 20,000 samples and analyses conducted annually in the company's laboratory
- +3 more outcomes
Companies that use K A Rasmussen As
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
K A Rasmussen As technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
K A Rasmussen As partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Norwegian Mint (Myntverket)coreCollaborative development of a series of unique Norwegian investment coins (Viking Kings series) honoring Norwegian history and kings. K.A. Rasmussen produces the coins from 100% recycled precious metals; the Norwegian Mint contributes to coin design and minting. First coin (Harald Fairhair) launched in 2023; subsequent coins include Eric Bloodaxe. Coins serve as both investment products and collector's items.
- iCSI (Industrial Catalyst Science and Innovation) Research CentercoreCentre for Research-based Innovation funded by the Research Council of Norway. Partners include NTNU, UiO, SINTEF, Haldor Topsøe, Yara, Dynea, Inovyn, and K.A. Rasmussen. Conducts world-leading research in catalysis. K.A. Rasmussen provides professional assistance to two working groups — one for each of its catalysis products (silver catalyst and PGM catalyst). Goal: improve understanding of catalytic properties during operation to drive innovation.
- NTNU (Norwegian University of Science and Technology)coreAcademic research partner within the iCSI research center. Collaborates with K.A. Rasmussen on catalyst science and innovation. Contributes to the development of new products and understanding of catalytic properties in precious metal catalysts.
- UiO (University of Oslo)coreAcademic research partner within the iCSI research center. Collaborates with K.A. Rasmussen on chemistry and catalysis research, contributing to the development and innovation of catalyst products.
- SINTEFcoreResearch and technology organization partner within the iCSI research center. Collaborates with K.A. Rasmussen on technical R&D and innovation in precious metal catalyst science.
- Haldor Topsøe, Yara, Dynea, Inovyn (iCSI Industry Partners)minorIndustrial partners within the iCSI research center alongside K.A. Rasmussen. K.A. Rasmussen collaborates within working groups alongside these major industrial companies in the chemical and process industry sectors to advance catalyst science and innovation.
Scale indicators6 records
Recent moves8 records
Expansion highlights6 records
K A Rasmussen As competitors and assessment
Company assessmentBroad incumbents
- Aurubis AG: European copper and precious metals refiner recovering gold, silver, and PGM as by-products of copper smelting. Overlapping with K.A. Rasmussen in industrial-scale nonferrous/precious metals refining and recycling, though copper-centric.
- Heraeus Precious Metals: German-headquartered precious metals and technology group with refining, recycling, and industrial products including PGM catalysts. Highly comparable to K.A. Rasmussen across refining, recycling, and catalyst activities but operates at a much larger global scale and broader portfolio.
- Johnson Matthey: British chemicals company with a long-established PGM catalyst business serving nitric acid and other industrial chemical customers. Directly comparable to K.A. Rasmussen's PGM catalyst product line and industrial customer base.
- Umicore: Belgian materials technology group with precious metals refining, recycling, and catalyst businesses. Comparable to K.A. Rasmussen in PGM catalyst and recycling activities; serves as a larger global incumbent across the same value chain.
Direct peers
- Tanaka Precious Metals: Japanese precious metals refiner and fabricator offering industrial catalysts, semiconductor materials, and bullion products. Comparable to K.A. Rasmussen across refining, catalyst manufacturing, and precious-metals products for both industrial and consumer markets.
- PAMP Suisse: Swiss-based precious metals refinery producing LBMA-certified bullion bars and coins globally. Comparable to K.A. Rasmussen in investment metals manufacturing and refining, with a similar focus on retail-grade precious metals products.
- Argor-Heraeus: Swiss precious metals refiner jointly owned by Heraeus, producing LBMA-accredited gold, silver, platinum, and palladium bars and coins. Directly comparable to K.A. Rasmussen's investment metals and bullion business.
- Metalor Technologies: Swiss precious metals refiner producing bullion, industrial catalysts, and goldsmith materials. Closely comparable to K.A. Rasmussen in refining services, jewelry-industry semi-finished products, and PGM/silver catalyst offerings.
Others
- Norsk Hydro / Hydro Aluminium (recycling adjacency): Norwegian industrial group with significant metals and recycling operations including secondary aluminum. Comparable as a Norwegian industrial-scale metals processor with sustainability credentials, though not in precious metals specifically.
Regional players
- The Perth Mint: Australian precious metals mint producing investment coins and bars. Comparable to K.A. Rasmussen's Viking Kings bullion coin franchise, though operating primarily in the Asia-Pacific market rather than the Nordic region.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key highlights7 records
Customer concentration
K A Rasmussen As social profiles
Digital presenceK A Rasmussen As compliance and trust
Trust signalCompliance2 records
K A Rasmussen As financial estimates
Financial estimateRevenue estimate
Valuation estimate
K A Rasmussen As leadership team
Management profileNumber of profiles
K A Rasmussen As subsidiaries and ownership
Company hierarchySubsidiaries1 record
K A Rasmussen As funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
K A Rasmussen As M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about K A Rasmussen As
What does K A Rasmussen As do?
K.A. Rasmussen AS refines, produces, and trades precious metals (gold, silver, platinum, palladium, rhodium) from its Hamar, Norway facility. The company sells physical investment coins and bars to private customers, supplies alloys and semi-finished materials to goldsmiths, and provides industrial catalysts (silver and PGM), metal recycling, and laboratory analysis services to industrial customers worldwide.
Is K A Rasmussen As a public or private company?
K A Rasmussen As is a private company. It is classified as family owned and is currently operating.
When was K A Rasmussen As founded?
K A Rasmussen As was founded in 1872.
Where is K A Rasmussen As based?
K A Rasmussen As is headquartered in Hamar, Norway, in the Europe region.
How does K A Rasmussen As make money?
Seven revenue lines are on record. Purchase and Sale of Precious Metals are the primary driver. The others are refining Services for Business, goldsmith Materials and Semi-Finished Products, metal Account Service, investment Storage, catalyst Products (Silver and PGM) and recycling Services.
Who are K A Rasmussen As's main competitors?
Broad incumbents on record are Aurubis AG, Heraeus Precious Metals, Johnson Matthey and Umicore. Direct peers are Tanaka Precious Metals, PAMP Suisse, Argor-Heraeus and Metalor Technologies. Norsk Hydro / Hydro Aluminium (recycling adjacency) is listed as an others. The Perth Mint is listed as a regional player.
Does K A Rasmussen As have an API?
No public API is recorded for K A Rasmussen As.
What industry is K A Rasmussen As in?
K A Rasmussen As's product category is Precious Metals Refining and Trading. Its primary akta.pro industry code is IMAKAEAE, Precious Metals Smelting & Refining, with a secondary code of IMAKAEAJ, Precious Metals Minting & Bullion Products. Its NAICS code is 423510 and its SIC code is 3330.