Knut Trygve Flakk
Chairman at HEXAGON COMPOSITES ASA
Net worth: 45 M $ as of 2024-03-30
Profile
Knut Trygve Flakk is the founder of Norwegian Hydrogen AS, which was founded in 2020.
He is currently the Chairman and Chief Executive Officer of Flakk Investment AS and Flakk Invest AS, both since 1996.
He also holds the position of Chairman at Hexagon Composites ASA, Nødingen AS, Flakk International AS, Devold of Norway AS, H-Produkter AS, Ragasco AS, Energate AS, Hexagon Raufoss AS, KVA-Spil Ltd., 62 Nord AS, 62 Nord Cruises AS, ANS Korsegata 8, Grand Hotel Hellesylt AS, Dyrkornanlæggene AS, Isolaft AS, Hotel Brosundet AS, Apotekergata 5 AS, Devoldfabrikken AS, Hotel Union Øye AS, Hotel Union AS, H-Fasader AS, Geographic Hotels & Adventures AS, Nord Helikopter AS, O.A.
Devolds Sønner AS, Ona Brygge AS, InnoTown AS, Ålesunds Byutvikling AS, and Næringslivets Kystaksjon.
Mr. Flakk has also held the position of Director at Saertex Baltics and Hexagon Purus ASA. He has a Master's in Business Administration from London Business School and a graduate degree from BI Norwegian Business School.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
HEXAGON COMPOSITES ASA
12.32% | 2023-09-27 | 24,837,421 ( 12.32% ) | 43 M $ | 2024-03-30 |
HEXAGON PURUS ASA
1.09% | 2023-04-30 | 3,027,799 ( 1.09% ) | 2 M $ | 2024-03-30 |
Knut Trygve Flakk active positions
| Companies | Position | Start |
|---|---|---|
| HEXAGON COMPOSITES ASA | Chairman | 2010-06-10 |
| Apotekergata 5 AS | Chairman | 2011-05-05 |
Devoldfabrikken AS
 Devoldfabrikken AS Real Estate DevelopmentFinance Devoldfabrikken AS operates as an outlet mall. The private company is based in Ålesund, Norway. | Chairman | 2011-05-05 |
| Hotel Union Øye AS | Chairman | 2011-05-05 |
| Hotel Union AS | Chairman | 2011-05-05 |
O.A. Devolds Sønner AS
 O.A. Devolds Sønner AS Real Estate DevelopmentFinance O.A. Devolds Sønner AS engages in the leasing of immovable properties. The private company is based in Langevåg, Norway. | Director/Board Member | 2011-05-05 |
Nord Helikopter AS
 Nord Helikopter AS AirlinesTransportation Nord Helikopter AS is a nationwide provider of helicopter services since 2007. The private company is based in Ã…lesund, Norway. The Norwegian company offers various services such as transportation of personnel and materials, construction of power lines, and exciting film productions. | Director/Board Member | 2011-05-05 |
| Flakk Invest AS | Chief Executive Officer | 1995-12-31 |
Devold of Norway AS
 Devold of Norway AS TextilesProcess Industries Devold of Norway AS is a Norwegian company that specializes in merino wool underwear. Devold of Norway is based in Langevag, NO, and has subsidiaries in Lithuania. The private company offers a wide range of products for men, women, juniors, and children. The company is committed to providing uncompromising quality and traceability in their products. The CEO of the company is Kari Mette Ski. | Chairman | 2011-05-05 |
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Former positions of Knut Trygve Flakk
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Training of Knut Trygve Flakk
| London Business School | Masters Business Admin |
| BI Norwegian Business School | Graduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| HEXAGON COMPOSITES ASA | Process Industries |
| HEXAGON PURUS ASA | Producer Manufacturing |
| Private companies | 31 |
|---|---|
| Nødingen AS | |
Flakk Investment AS
 Flakk Investment AS Financial ConglomeratesFinance Flakk Investment AS operates as an investment holding Norwegian company. The private company is based in Ålesund, Norway. Knut Trygve Flakk has been the CEO of the company since 1996. | Finance |
Flakk International AS
 Flakk International AS Financial ConglomeratesFinance Flakk International AS operates as an investment holding company. It builds profitable businesses which can contribute to positive development for the individual and society, as well as for the environment we live in. The company was founded by Knut Stafset in 1933 and is headquartered in Ålesund, Norway. | Finance |
Devold of Norway AS
Devold of Norway AS TextilesProcess Industries Devold of Norway AS is a Norwegian company that specializes in merino wool underwear. Devold of Norway is based in Langevag, NO, and has subsidiaries in Lithuania. The private company offers a wide range of products for men, women, juniors, and children. The company is committed to providing uncompromising quality and traceability in their products. The CEO of the company is Kari Mette Ski. | Process Industries |
H-Produkter AS
 H-Produkter AS Building ProductsProducer Manufacturing H-Produkter AS delivers windows and doors in polyvinyl chloride and aluminum, as well as façade solutions and aluminum roofing. Its product areas are marketed under the brands H-window + for PVC and Valumin + for aluminum. It’s Valumin + designs, manufactures, and assembles aluminum solutions for façade and glass roofs, doors, and windows, as well as fire-classified products. The company was founded in 1989 and is headquartered in Skodje, Norway. | Producer Manufacturing |
Ragasco AS
 Ragasco AS Containers/PackagingProcess Industries Part of Hexagon Composites ASA, Ragasco AS is a Norwegian company that develops and manufactures composite LPG cylinders. The private company is based in Raufoss, Norway. | Process Industries |
| Energate AS | |
Saertex Baltics
 Saertex Baltics Miscellaneous ManufacturingProducer Manufacturing Saertex Baltics manufactures fiber glass and carbon fiber. It produces stitched fiber glass, carbon fiber an hybrid reinforcements. The firm’s non crimp fabric reinforcements are produced using multiaxial weft insertion technology, allowing them to produce single and multilayer reinforcement products. The company was founded in 1853 and is headquartered in Langevag, Norway. | Producer Manufacturing |
Hexagon Raufoss AS
 Hexagon Raufoss AS Industrial MachineryProducer Manufacturing Part of Hexagon Composites ASA, Hexagon Raufoss AS is a private company that manufactures gas and fuel cylinders. The company is based in Raufoss, Norway. | Producer Manufacturing |
| KVA-Spil Ltd. | |
62 Nord AS
 62 Nord AS Other Consumer ServicesConsumer Services 62 Nord AS offers tailored experiences, group tours, events, meetings, and conferences in the stunning fjords and majestic Sunnmørsalpene mountains of Norway. The private company is based in Ålesund, Norway. The Norwegian company's hotels provide a unique and peaceful environment to relax and unwind while exploring the beautiful city of Ålesund and the surrounding area. | Consumer Services |
| 62 Nord Cruises AS | |
| ANS Korsegata 8 | |
| Grand Hotel Hellesylt AS | |
| Dyrkornanlæggene AS | |
| Isolaft AS | |
Hotel Brosundet AS
 Hotel Brosundet AS Hotels/Resorts/Cruise linesConsumer Services Hotel Brosundet AS owns and operates hotels and motels with restaurant. The company is headquartered in Ålesund, Norway. | Consumer Services |
| Apotekergata 5 AS | |
Devoldfabrikken AS
Devoldfabrikken AS Real Estate DevelopmentFinance Devoldfabrikken AS operates as an outlet mall. The private company is based in Ålesund, Norway. | Finance |
| Hotel Union Øye AS | |
| Hotel Union AS | |
O.A. Devolds Sønner AS
O.A. Devolds Sønner AS Real Estate DevelopmentFinance O.A. Devolds Sønner AS engages in the leasing of immovable properties. The private company is based in Langevåg, Norway. | Finance |
Nord Helikopter AS
Nord Helikopter AS AirlinesTransportation Nord Helikopter AS is a nationwide provider of helicopter services since 2007. The private company is based in Ã…lesund, Norway. The Norwegian company offers various services such as transportation of personnel and materials, construction of power lines, and exciting film productions. | Transportation |
| Flakk Invest AS | |
| Ona Brygge AS | |
| InnoTown AS | |
| Ålesunds Byutvikling AS | |
| Næringslivets Kystaksjon | |
| H-Fasader AS | |
Norwegian Hydrogen AS
 Norwegian Hydrogen AS Alternative Power GenerationUtilities Norwegian Hydrogen AS is a company that focuses on driving the green transition by developing and operating green hydrogen infrastructure. The private company is based in Ã…lesund, Norway. The company's infrastructure is primarily aimed towards heavy-duty transport and maritime customer segments. The company provides production facilities, distribution systems, and a wide network of filling and bunkering stations. The company was founded in 2020 by Knut Trygve Flakk. The CEO is Jens Berge. | Utilities |
GEOGRAPHIC HOTELS & ADVENTURES AS
 GEOGRAPHIC HOTELS & ADVENTURES AS Hotels/Resorts/Cruise linesConsumer Services GEOGRAPHIC HOTELS & ADVENTURES AS is a Norwegian private company that operates hotels, boarding houses and motels with a restaurant. | Consumer Services |
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