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OLYMPIC EXPLORER III KS
KS
Active
Org 890681972
Support activities for petroleum and natural gas extraction · NACE 0910
Est. 2007
0 employees
www.olympic.no
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Overview
Financials
People & ownership
Related companies
Revenue 2021
NOK 56,9M
+3% vs 2020
EBITDA margin
54.7%
-13% vs 2020
Equity ratio
-33.7%
Financial strength
Net profit 2021
NOK -11,5M
+91% vs 2020
EBITDA — year on year
NOK millions
45M
34M
23M
11M
0M
27M
2018
30M
+11%
2019
36M
+20%
2020
31M
-14%
2021
Key figures
Annual report 2021
Revenue
NOK 56,9M
+3%
EBITDA
NOK 31,1M
-13%
Net profit
NOK -11,5M
+91%
Total assets
NOK 345,7M
+5%
Equity
NOK -116,4M
-11%
Employees
0
—
Company information
Legal name
OLYMPIC EXPLORER III KS
Org number
890681972
Legal form
Kommandittselskap
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
12. januar 2007
Share capital
NOK 27 000 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller to styremedlemmer i fellesskap.
Company purpose
Eie og drive offshorefartøyer. Selskapet skal oppfylle kravene for rederibeskatning etter skatteloven.
Contact
Address
Website
www.olympic.no
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Companies in Support activities for petroleum and natural gas extraction
Companies in
All Norway companies
Revenue
NOK millions
0M
17M
34M
51M
68M
52M
2018
59M
2019
55M
2020
57M
2021
EBITDA
NOK millions
0M
10M
21M
31M
41M
27M
2018
30M
2019
36M
2020
31M
2021
Income statement
NOK thousands
Item
2018
2019
2020
2021
Revenue
51 934
58 639
55 311
56 884
Staff expenses
−12 078
−0
−0
−0
EBITDA
27 259
29 577
35 638
31 139
Depreciation & amort.
−12 642
−33 426
−145 223
−11 844
EBIT
14 617
−3 849
−109 585
19 295
Net financials
−24 216
−24 237
−24 213
−30 801
Profit before tax
−9 599
−28 086
−133 798
−11 506
Tax
−0
−0
−0
−0
Net profit
−9 599
−28 086
−133 798
−11 506
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
Total assets
484 389
451 699
329 803
345 741
Equity
37 001
28 915
−104 883
−116 388
Long-term debt
407 338
402 682
402 682
452 373
Short-term debt
40 050
20 101
32 003
9 756
Total debt
447 388
422 784
434 686
462 129
Financial ratios
5-year trend
EBITDA margin
54.7%
This company
15.8%
Market median
+246% vs market
2018
2021
Equity ratio
-33.7%
This company
38.2%
Market median
-188% vs market
2018
2021
Return on equity
-1150594000.0%
This company
18.4%
Market median
-6253228361% vs market
2018
2021
Net profit margin
-20.2%
This company
8.1%
Market median
-349% vs market
2018
2021
Asset turnover
0.16×
This company
1.12×
Market median
-86% vs market
2018
2021
Debt / equity
3.97×
This company
0.62×
Market median
-540% vs market
2018
2021
Annual reports & filings
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
BI
Bjørn Inge Kvalsund
Board of Directors
2022
SR
Stig Rune Remøy
Chairman
2022
Former (1)
JA
John Arne Winsnes
Board of Directors
2018 – 2022
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of OLYMPIC EXPLORER III KS also hold positions in
0
other companies.
Person
Role here
Other companies
Bjørn Inge Kvalsund
Board of Directors
0 companies
Stig Rune Remøy
Chairman
0 companies
John Arne Winsnes
Board of Directors
0 companies