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PRECISION SUBSEA AS
AS
Active
Org 893136282
Rolfsbuktveien 4A, 1364 Fornebu
Engineering activities and related technical consultancy · NACE 7112
Est. 2008
2 employees
www.precisionsubsea.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 4,5M
+299% vs 2023
EBITDA margin
0.2%
+105% vs 2023
Equity ratio
75.3%
Financial strength
Net profit 2024
NOK 183K
+469% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
-1M
2020
0M
+100%
2021
1M
+100%
2022
0M
-100%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 4,5M
+299%
EBITDA
NOK 9K
+105%
Net profit
NOK 183K
+469%
Total assets
NOK 5,5M
+37%
Equity
NOK 4,1M
+5%
Employees
2
—
Company information
Legal name
PRECISION SUBSEA AS
Org number
893136282
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
26. september 2008
Share capital
NOK 9 000 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-09-30
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Rådgivning og salg av produkter for marin sektor og for produksjon av olje og gass.
Contact
Address
Rolfsbuktveien 4A, 1364 Fornebu
Website
www.precisionsubsea.no
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Companies in Engineering activities and related technical consultancy
Companies in Bærum
All Norway companies
Revenue
NOK millions
0M
1M
3M
4M
6M
2M
2020
2M
2021
3M
2022
1M
2023
5M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
-1M
2020
0M
2021
1M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 925
1 933
2 596
1 131
4 515
Staff expenses
−1 737
−1 774
−1 591
−1 123
−4 109
EBITDA
−830
−206
680
−178
9
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−830
−206
680
−178
9
Net financials
129
1
2
128
174
Profit before tax
−700
−206
681
−50
183
Tax
−0
−0
−0
−0
−0
Net profit
−700
−206
681
−50
183
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
4 105
3 957
4 356
4 014
5 501
Equity
3 244
3 330
4 011
3 961
4 143
Long-term debt
0
0
0
0
0
Short-term debt
861
628
345
53
1 357
Total debt
861
628
345
53
1 357
Financial ratios
5-year trend
EBITDA margin
0.2%
This company
15.8%
Market median
-99% vs market
2020
2024
Equity ratio
75.3%
This company
38.2%
Market median
+97% vs market
2020
2024
Return on equity
4.4%
This company
18.4%
Market median
-76% vs market
2020
2024
Net profit margin
4.1%
This company
8.1%
Market median
-49% vs market
2020
2024
Asset turnover
0.82×
This company
1.12×
Market median
+27% vs market
2020
2024
Debt / equity
0.33×
This company
0.62×
Market median
+47% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2023-10-01 – 2024-09-30
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2022-10-01 – 2023-09-30
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2021-10-01 – 2022-09-30
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2020-10-01 – 2021-09-30
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2019-10-01 – 2020-09-30
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
HG
Harold Gregory Barksdale
Board of Directors
2018
BH
Bjørn Hallvard Lund
Chairman
2018
MM
Malin Maria Tränk
Board of Directors
2018
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Te Connectivity Mog Holding Sarl
Company
100%
100%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of PRECISION SUBSEA AS also hold positions in
0
other companies.
Person
Role here
Other companies
Harold Gregory Barksdale
Board of Directors
0 companies
Bjørn Hallvard Lund
Chairman
0 companies
Malin Maria Tränk
Board of Directors
0 companies