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VISTIN PHARMA ASA

Public Limited Company Active

in

Registration No.
915157882
Incorporation Date
2015-03-06
Company Type
Public Limited Company
Address
OSLO, Norway
Website
www.vistin.com/

Vistin Pharma ASA is a Norwegian public limited company (allmennaksjeselskap) registered with the Norwegian Register of Business Enterprises (Brønnøysundregistrene) under organisation number 915157882. It was incorporated on 6 March 2015 and entered in the Enhetsregisteret on 24 March 2015, with a registered address at Østensjøveien 27, 0661 Oslo, and a current registry status of active.

The company is a specialised pharmaceutical manufacturer focused on Metformin Hydrochloride, an active pharmaceutical ingredient used in type 2 diabetes treatment. It manufactures Metformin HCl active ingredient, a direct-compressible grade (Metformin DC) and a premix variant at its production site in Fikkjebakke, Kragerø, Norway, and states that it supplies approximately 10% of global metformin demand, with capacity being expanded beyond 7,000 metric tons per year. Its registered activity code is NACE 21.200, production of pharmaceutical preparations.

Vistin Pharma ASA traces its operations to the business-to-business pharmaceutical activities of Weifa AS, which it acquired around the time of its own incorporation in 2015; metformin manufacturing at the Kragerø site dates back to 1969 under Weifa’s ownership. In 2017 the company divested its opioid and tablet-manufacturing operations to TPI Enterprises, narrowing its focus to metformin API supply.

Vistin Pharma ASA is listed on Euronext Oslo under the ticker VISTN, ISIN NO0010734122, and reports to the market on a quarterly and annual basis. For the 2025 financial year, market data drawing on the company’s own releases put total revenue at approximately NOK 452.3 million with EBITDA of approximately NOK 114.0 million. Second-quarter 2026 revenue was reported at approximately NOK 100.2 million, down year-on-year, which the company attributed to a stronger Norwegian krone and lower metformin prices, alongside a planned four-week maintenance shutdown scheduled for the fourth quarter of 2026.

Data Provenance
This record is sourced directly from official government registries.

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Shareholders

5

Vistin Pharma ASA is listed on Euronext Oslo, so its shareholder information reflects disclosure of significant holdings rather than a complete private-company shareholder register. Registry-linked shareholder data verified as at 2 August 2026 lists total shares outstanding of 44,344,592 and identifies four named holders: Intertrade Shipping AS (28.36%, 12,575,000 shares), Holmen Spesialfond (9.47%, 4,200,379 shares), Pactum Vekst AS (6.75%, 2,991,773 shares) and MP Pensjon PK (3.88%, 1,719,848 shares). The remaining 51.55% (22,857,592 shares) is recorded under an aggregated “other shareholders” category rather than broken down to individual holders at this level of the record.

The company’s own investor communications, in a shareholder overview referencing 30 June 2026, separately describe Intertrade Shipping AS as the largest shareholder with a stake of approximately 32.70% of the same total share count. The two figures differ because they are snapshots taken roughly a month apart, and Intertrade Shipping AS’s holding should be treated as a position that moves over time rather than a fixed percentage.

Ultimate beneficial ownership: no source reviewed traces the ownership of Intertrade Shipping AS, Holmen Spesialfond, Pactum Vekst AS or MP Pensjon PK back to a natural person, so no verified Ultimate Beneficial Owner is identified at this level.

Data availability: Major shareholders only. Norwegian flagging obligations and Euronext Oslo disclosure rules require reporting of significant holdings and changes to them, but the complete shareholder base below the disclosure threshold is not separately published. (Sources: registry-linked shareholder data, verified 2 August 2026; Vistin Pharma ASA investor relations shareholder overview, referencing 30 June 2026, vistin.com.)

Registry feed — rows exactly as filed with the source register, including entries the profile above does not cover.

Shareholder Type Holding Source Document
Øvrige Aksjonærer 51.5%
INTERTRADE SHIPPING AS 28.4%
HOLMEN SPESIALFOND 9.5%
PACTUM VEKST AS 6.7%
MP PENSJON PK 3.9%

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Officers

32

Current role filings with the Norwegian Register of Business Enterprises (Brønnøysundregistrene), checked in September 2026, record the following active appointments for Vistin Pharma ASA: Magnus Wilhelm Tolleshaug as daglig leder (chief executive officer); Øyvin Anders Brøymer as styrets leder (chairman of the board); board members (styremedlemmer) Kari Eian Krogstad, Espen Weyergang Marcussen, Bettina Banoun, Stine Wang Rønningen and Espen Lia Gregoriussen; deputy board members (varamedlemmer) Arve Kristensen, Kristine Pedersen, Guro Amalie Øyløkken and Stig Isaksen; and Ernst & Young AS as registered auditor. None of these role records carry a resignation date.

The company’s own corporate-governance page additionally names an executive management team beyond the registered daglig leder role: Magnus Tolleshaug as Chief Executive Officer (in the role since 1 January 2024, with the company since March 2020), Alexander Karlsen as Chief Financial Officer (with the company since March 2020), Vegard Heggem as Chief Operating Officer / Vice President Operations, and Lilly Margareth Myra as Vice President Quality & Regulatory Affairs, plus a named board observer, Kjell-Erik Nordby, who does not appear in the formal Brønnøysundregistrene role filing.

Recent officer changes: this profile’s previously recorded registry-linked officer data included an individual, Øystein Spetalen, as an active board member; that person is not present in the current Brønnøysundregistrene role filing checked for this update, indicating the earlier record was outdated. No effective date for that change could be confirmed from the sources reviewed.

Data availability: Current only, sourced from the Norwegian company register, which publishes role, appointment status and (where recorded) date of birth, but does not disclose nationality; nationality is therefore not stated for any individual above and has not been inferred from name or residence. Correspondence addresses on file are registry service addresses, not home addresses. (Sources: data.brreg.no roller register, checked September 2026; Vistin Pharma ASA corporate governance and about-us pages, vistin.com.)

Registry feed — rows exactly as filed with the source register, including entries the profile above does not cover.

Øyvin Anders Brøymer ACTIVE

Residence
🇳🇴 Norway
Occupation
The Chairman Of The Board

MT
Magnus Tolleshaug ACTIVE

Residence
🇳🇴 Norway
Occupation
Ceo, Chief Commercial Officer & Commercial Director

OE
Ole Enger ACTIVE

Residence
🇳🇴 Norway
Occupation
Director

MK
Mimi Kristine Berdal ACTIVE

Residence
🇳🇴 Norway
Occupation
Director

TM
Tina Maabø Tellefsen ACTIVE

Residence
🇳🇴 Norway
Occupation
Director

EE
Eivind Egeli ACTIVE

Residence
🇳🇴 Norway
Occupation
Director Of Technical Service & Sales

FB
Finn Bjørn Ruyter ACTIVE

Residence
🇳🇴 Norway
Occupation
Director

OS
Oystein Spetalen ACTIVE

Residence
🇳🇴 Norway
Occupation
Board Member

EL
Espen Lia Gregoriussen ACTIVE

Residence
🇳🇴 Norway
Occupation
Board Member

AK
Arve Kristensen ACTIVE

Residence
🇳🇴 Norway
Occupation
Deputy Member

EM
Espen Marcussen ACTIVE

Residence
🇳🇴 Norway
Occupation
Board Member

AK
Alexander Karlsen ACTIVE

Residence
🇳🇴 Norway
Occupation
Chief Financial Officer

SI
Stig Isaksen ACTIVE

Residence
🇳🇴 Norway
Occupation
Deputy Member

SR
Stine Ronningen ACTIVE

Residence
🇳🇴 Norway
Occupation
Board Member

KP
Kristine Pedersen ACTIVE

Residence
🇳🇴 Norway
Occupation
Deputy Member

Øystein Stray Spetalen ACTIVE

Residence
🇳🇴 Norway
Occupation
Board Member

Åse Musum ACTIVE

Residence
🇳🇴 Norway
Occupation
Board Member

GA
Guro Amalie Oylokken ACTIVE

Residence
🇳🇴 Norway
Occupation
Deputy Member

EG
Espen Gregoriussen ACTIVE

Residence
🇳🇴 Norway
Occupation
Board Member

EW
Espen Weyergang Marcussen ACTIVE

Residence
🇳🇴 Norway
Occupation
Board Member

VH
Vegard Heggem ACTIVE

Residence
🇳🇴 Norway
Occupation
Chief Operating Officer

E&
ERNST & YOUNG AS ACTIVE

Residence
🇳🇴 Norway
Occupation
Auditor

BB
Bettina Banoun ACTIVE

Residence
🇳🇴 Norway
Occupation
Board Member

MW
Magnus Wilhelm Tolleshaug ACTIVE

Residence
🇳🇴 Norway
Occupation
General Manager

KK
Kari Krogstad ACTIVE

Residence
🇳🇴 Norway
Occupation
Board Member

KE
Kari Eian Krogstad ACTIVE

Residence
🇳🇴 Norway
Occupation
Board Member

KE
Kjell Erik Nordby RESIGNED

Residence
🇳🇴 Norway
Occupation
Observer

SJ
Stian Johnsen RESIGNED

Residence
🇳🇴 Norway
Occupation
Deputy Member

ET
Erle Tufte RESIGNED

Residence
🇳🇴 Norway
Occupation
Deputy Member

SS
Susanne Sørdalen RESIGNED

Residence
🇳🇴 Norway
Occupation
Deputy Member

SJ
Stian Johnsen RESIGNED

Residence
🇳🇴 Norway
Occupation
Deputy Member

PS
Petter Sørdalen RESIGNED

Residence
🇳🇴 Norway
Occupation
Deputy Member

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Group Structure

Vistin Pharma ASA is the top entity in its own registry-linked corporate structure rather than a subsidiary of another identified corporate parent: no single shareholder holds a majority stake, and no controlling parent company is disclosed in the sources reviewed, so the group’s ultimate parent is Vistin Pharma ASA itself.

Registry-linked corporate-linkage data identifies one direct operating subsidiary, Vistin Pharma AS (Norway, registration number 813120232), confirmed as active with Brønnøysundregistrene and sharing Vistin Pharma ASA’s Østensjøveien 27, Oslo business address, though Vistin Pharma AS’s own register entry does not flag itself as part of a registered “konsern” (group-accounts) filing. Below that, the same data identifies two further entities as indirect subsidiaries: Vistin Pharma in Sweden (registration number SE 5020759873) and Vistin Pharma Korlátolt Felelősségű Társaság in Hungary (registration number HU 27511431241). Ownership percentages for these relationships are not disclosed in the sources reviewed, so full or partial ownership cannot be confirmed; they should be read as operating/sales entities linked to the Norwegian parent rather than as verified wholly-owned subsidiaries.

Vistin Pharma ASA’s own published material (annual reports, corporate governance and about-us pages) was checked for this update but did not itself name the Swedish or Hungarian entities, so that part of the structure rests on the registry-linked corporate-linkage data alone and has not been independently corroborated from the company’s own annual report within this review.

Data availability: Subsidiaries only, and partial even at that level: the direct and indirect subsidiaries are identified, but ownership and voting percentages are not disclosed, and the Swedish and Hungarian entities are not independently confirmed by the parent’s own public materials. (Sources: registry-linked corporate-linkage data; data.brreg.no entity lookups for organisation numbers 915157882 and 813120232, checked September 2026; vistin.com about-us page.)

Ultimate HQ
VISTIN PHARMA ASA
Norway
Vistin Pharma AS+ subsidiaries
NorwayNO 813120232

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Frequently Asked Questions

What does Vistin Pharma ASA do?

Vistin Pharma ASA is a Norwegian pharmaceutical manufacturer specialising in Metformin Hydrochloride, an active pharmaceutical ingredient used in type 2 diabetes treatment. It produces Metformin HCl, a direct-compressible grade (Metformin DC) and a premix variant at its plant in Fikkjebakke, Kragerø, Norway, and states that it supplies approximately 10% of global metformin demand.

What is Vistin Pharma ASA's company registration number?

Vistin Pharma ASA is registered with the Norwegian Register of Business Enterprises (Brønnøysundregistrene) under organisation number 915157882, entered in the Enhetsregisteret on 24 March 2015.

Is Vistin Pharma ASA still an active company?

Yes. Vistin Pharma ASA's status with the Norwegian Register of Business Enterprises is active, per data.brreg.no checked September 2026.

When was Vistin Pharma ASA incorporated?

Vistin Pharma ASA was incorporated on 6 March 2015 and registered in the Norwegian Enhetsregisteret on 24 March 2015, around the time it acquired the business-to-business pharmaceutical operations of Weifa AS.

What is Vistin Pharma ASA's registered address?

The registered business address on file for Vistin Pharma ASA is Østensjøveien 27, 0661 Oslo, Norway, per the Brønnøysundregistrene entity record.

What legal structure is Vistin Pharma ASA registered as?

Vistin Pharma ASA is registered as an allmennaksjeselskap (ASA), a Norwegian public limited company, entitling it to offer shares to the public and list on a regulated market.

Is Vistin Pharma ASA listed on a stock exchange?

Yes. Vistin Pharma ASA is listed on Euronext Oslo under the ticker VISTN, ISIN NO0010734122, and files quarterly and annual reports and regulated announcements to the market.

What is Vistin Pharma ASA's revenue?

Market data drawing on the company's own releases put Vistin Pharma ASA's total revenue for the 2025 financial year at approximately NOK 452.3 million, with EBITDA of approximately NOK 114.0 million. Second-quarter 2026 revenue was reported at approximately NOK 100.2 million, down 15.3% year-on-year.

Who owns Vistin Pharma ASA?

Vistin Pharma ASA's ownership is dispersed among Euronext Oslo-disclosed shareholders. As at 2 August 2026, named holders were Intertrade Shipping AS (28.36%), Holmen Spesialfond (9.47%), Pactum Vekst AS (6.75%) and MP Pensjon PK (3.88%), with the remaining 51.55% recorded as other, undisclosed-at-this-level shareholders. The company's own investor materials, referencing 30 June 2026, separately put Intertrade Shipping AS's stake at approximately 32.70%.

Who is Vistin Pharma ASA's UBO (Ultimate Beneficial Owner)?

No source reviewed traces the ownership of Vistin Pharma ASA's largest disclosed shareholders back to a named natural person, so no verified Ultimate Beneficial Owner is identified. Its largest disclosed holder, Intertrade Shipping AS, is itself a corporate shareholder.

Who are the officers/directors of Vistin Pharma ASA?

Current Brønnøysundregistrene role filings name Magnus Wilhelm Tolleshaug as chief executive officer and Øyvin Anders Brøymer as chairman of the board, alongside board members Kari Eian Krogstad, Espen Weyergang Marcussen, Bettina Banoun, Stine Wang Rønningen and Espen Lia Gregoriussen. The company's own governance pages additionally name Alexander Karlsen as Chief Financial Officer and Vegard Heggem as Chief Operating Officer.

Does Vistin Pharma ASA have a parent company or subsidiaries?

Vistin Pharma ASA has no identified controlling corporate parent; it is the top entity in its own structure. Registry-linked data identifies one direct subsidiary, Vistin Pharma AS in Norway, and two further entities linked as indirect subsidiaries in Sweden and Hungary, though ownership percentages for these are not disclosed.

Where is Vistin Pharma ASA's manufacturing site?

Vistin Pharma ASA manufactures metformin at its production facility in Fikkjebakke, Kragerø, Norway, a site with metformin manufacturing history dating back to 1969 under previous owner Weifa AS.

Can Zavia monitor changes to Vistin Pharma ASA's ownership over time?

This profile reflects a point-in-time snapshot drawing on Brønnøysundregistrene and Euronext Oslo disclosures. Zavia's monitoring API can track changes to Vistin Pharma ASA's registered shareholders, officers, and group structure going forward, flagging updates as they are filed rather than requiring a manual recheck.

Can I access Vistin Pharma ASA's data through an API?

Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including Norway, so records like Vistin Pharma ASA's registration, shareholder, and group-structure data can be queried programmatically instead of viewed one page at a time.

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