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The company is the former Shell Faroe Islands. Magn imports, stocks, sells, and distributes all kind of oils and oil related products to industry, automotive, and private heating customers. Magn is the official Shell agent in the Faroe Islands and as such the only company that sells Shell branded oil products

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The Magn annual revenue was $22.5 million in 2026.

Johnni Poulsen is the Managing Director of Magn.

22 people are employed at Magn.

Magn is based in Torshavn, Streymoy.

The NAICS codes for Magn are [48833, 488, 48, 4883].

The SIC codes for Magn are [449, 44].

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