Riskpilot← Back to searchSign inGet full accessFSUBSEA AS
ASActiveOrg 912106403Caspar Storms Vei 21, 0664 OsloManufacture of fluid power equipment · NACE 2812Est. 201314 employees
Revenue 2024
NOK 41,9M
+32% vs 2023
EBITDA margin
4.6%
+126% vs 2023
Equity ratio
77.6%
Financial strength
Net profit 2024
NOK 589K
+106% vs 2023
| Revenue | NOK 41,9M | +32% |
| EBITDA | NOK 1,9M | +126% |
| Net profit | NOK 589K | +106% |
| Total assets | NOK 93,1M | +1% |
| Equity | NOK 72,3M | +1% |
| Employees | 14 | — |
Legal name
FSUBSEA AS
Org number
912106403
Legal form
Aksjeselskap
NACE code
2812 · Manufacture of fluid power equipment
Founded
21. juni 2013
Share capital
NOK 1 617 286
Employees
14 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller to styremedlemmer i fellesskap.
Company purpose
Produksjon og salg av varer og tjenester, eie og drive fast eiendom, samt utøvelse eller deltakelse i forretningsvirksomhet av enhver art, enten direkte eller som aksjonær, eller på annen måte.
Address
Caspar Storms Vei 21, 0664 Oslo
Phone
+4722542000
Email
office@fsubsea.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11 069 | 13 544 | 3 851 | 19 761 | 32 690 | 39 572 | 37 286 | 21 489 | 29 123 | 34 885 | 31 649 | 41 905 |
| Staff expenses | −0 | −1 379 | −0 | −6 719 | −10 052 | −15 135 | −0 | −0 | −0 | −0 | −0 | −0 |
| EBITDA | 260 | 3 615 | −421 | 2 874 | 8 864 | 3 059 | 1 236 | −1 878 | 2 727 | −720 | −7 469 | 1 925 |
| Depreciation & amort. | −0 | −5 706 | −356 | −637 | −5 208 | −881 | −947 | −794 | −828 | −506 | −742 | −654 |
| EBIT | 260 | −2 091 | −777 | 2 237 | 3 656 | 2 179 | 289 | −2 671 | 1 900 | −1 226 | −8 211 | 1 271 |
| Net financials | 59 | 147 | 48 | −89 | 100 | −77 | −241 | −1 246 | −197 | −28 | −1 124 | −682 |
| Profit before tax | 319 | −1 944 | −729 | 2 148 | 3 756 | 2 102 | 48 | −3 917 | 1 703 | −1 254 | −9 335 | 589 |
| Tax | −62 | −779 | −509 | 55 | −105 | −900 | −939 | −1 939 | −0 | −0 | −0 | −0 |
| Net profit | 381 | −1 165 | −220 | 2 093 | 3 861 | 3 002 | 986 | −1 978 | 2 111 | −87 | −9 335 | 589 |
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 15 816 | 11 619 | 18 043 | 39 341 | 45 269 | 65 209 | 120 146 | 104 397 | 116 981 | 122 978 | 91 811 | 93 132 |
| Equity | 10 562 | 9 397 | 9 177 | 31 340 | 35 201 | 38 203 | 74 977 | 72 999 | 75 109 | 75 022 | 71 688 | 72 276 |
| Long-term debt | 1 971 | 543 | 1 861 | 2 537 | 3 703 | 12 050 | 20 586 | 22 189 | 21 913 | 30 092 | 5 500 | 3 410 |
| Short-term debt | 3 284 | 1 680 | 7 005 | 5 464 | 6 366 | 14 955 | 24 583 | 40 607 | 61 831 | 65 819 | 34 747 | 38 302 |
| Total debt | 5 254 | 2 222 | 8 866 | 8 001 | 10 069 | 27 006 | 45 169 | 31 398 | 41 872 | 47 956 | 20 124 | 20 856 |
EBITDA margin
4.6%
This company
15.8%
Market median
-71% vs market
20132024
Equity ratio
77.6%
This company
38.2%
Market median
+103% vs market
20132024
Return on equity
0.8%
This company
18.4%
Market median
-96% vs market
20132024
Net profit margin
1.4%
This company
8.1%
Market median
-83% vs market
20132024
Asset turnover
0.45×
This company
1.12×
Market median
-60% vs market
20132024
Debt / equity
0.29×
This company
0.62×
Market median
+53% vs market
20132024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
SK Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2019 | — | — | |
| Chairman | 2026 | — | — | |
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2019 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
G R Fuglesangs Sønner As | Company | 47.9% | 47.9% | 2024 |
Freebird Partners Lp | Company | 31.0% | 31.0% | 2024 |
| Individual | 31.0% | 31.0% | 2022 | |
Vind As | Company | 11.7% | 11.7% | 2024 |
Jakob Hatteland Holding As | Company | 4.7% | 4.7% | 2024 |
Skeie Kapital As | Company | 2.4% | 2.4% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
FSUBSEA AS 
FLOCEAN ASBoard members of FSUBSEA AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Solfrid Kolby | Chief Executive Officer | 0 companies |
| Hans Peter Fuglesang | Chairman | 0 companies |
| Alexander Løvdahl Fuglesang | Chairman | 0 companies |
| Erik Sverre Jenssen | Board of Directors | 0 companies |
| Curtis William Huff | Board of Directors | 0 companies |