Riskpilot← Back to searchSign inGet full accessSUBSEA INSULATION AS
ASActiveOrg 913074661Radøyvegen 719A, 5938 SæbøvågenSupport activities for petroleum and natural gas extraction · NACE 0910Est. 20140 employees
Revenue 2024
NOK 8,8M
+3% vs 2023
EBITDA margin
5.2%
+70% vs 2023
Equity ratio
-11.7%
Financial strength
Net profit 2024
NOK 457K
+71% vs 2023
| Revenue | NOK 8,8M | +3% |
| EBITDA | NOK 457K | +70% |
| Net profit | NOK 457K | +71% |
| Total assets | NOK 2,2M | -4% |
| Equity | NOK -256K | +64% |
| Employees | 0 | — |
Legal name
SUBSEA INSULATION AS
Org number
913074661
Legal form
Aksjeselskap
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
15. januar 2014
Share capital
NOK 606 040
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Forskning, utvikling, produksjon og salg av undervannsisolering for olje- og gassindustrien. Selskapet kan delta som komplementar i selskap som driver tilsvarende virksomhet.
Address
Radøyvegen 719A, 5938 Sæbøvågen
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 814 | 8 679 | 12 449 | 2 221 | 8 447 | 1 462 | 3 800 | 3 309 | 3 656 | 8 535 | 8 825 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| EBITDA | −1 538 | −508 | 452 | −744 | −166 | −433 | −98 | 207 | −29 | 268 | 457 |
| Depreciation & amort. | −6 | −137 | −137 | −140 | −160 | −47 | −44 | −41 | −18 | −3 | −2 |
| EBIT | −1 545 | −645 | 315 | −885 | −326 | −480 | −142 | 166 | −47 | 265 | 455 |
| Net financials | 5 | 1 | 0 | −1 | 0 | 0 | 0 | 0 | 1 | 2 | 2 |
| Profit before tax | −1 540 | −644 | 316 | −885 | −325 | −479 | −142 | 166 | −46 | 267 | 457 |
| Tax | −416 | −130 | 98 | 448 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net profit | −1 124 | −514 | 218 | −1 334 | −325 | −479 | −142 | 166 | −46 | 267 | 457 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 3 951 | 1 599 | 5 078 | 511 | 5 654 | 527 | 933 | 1 631 | 2 401 | 2 279 | 2 191 |
| Equity | 1 476 | 962 | 1 180 | −154 | −479 | −959 | −1 100 | −934 | −980 | −713 | −256 |
| Long-term debt | 0 | 0 | 0 | 0 | 766 | 1 195 | 1 187 | 1 187 | 1 187 | 926 | 428 |
| Short-term debt | 2 475 | 637 | 3 898 | 665 | 5 367 | 291 | 847 | 1 378 | 2 194 | 2 067 | 2 019 |
| Total debt | 2 475 | 637 | 3 898 | 665 | 6 133 | 1 486 | 2 034 | 2 565 | 3 381 | 2 993 | 2 447 |
EBITDA margin
5.2%
This company
15.8%
Market median
-67% vs market
20142024
Equity ratio
-11.7%
This company
38.2%
Market median
-131% vs market
20142024
Return on equity
45735400.0%
This company
18.4%
Market median
+248561857% vs market
20142024
Net profit margin
5.2%
This company
8.1%
Market median
-36% vs market
20142024
Asset turnover
4.03×
This company
1.12×
Market median
+260% vs market
20142024
Debt / equity
9.55×
This company
0.62×
Market median
-1440% vs market
20142024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
LK Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
AL Chief Executive Officer | Chief Executive Officer | 2015 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2025 | — | — | |
| Chairman | 2020 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2020 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Mundalgruppen As | Company | 66.0% | 66.0% | 2024 |
| Individual | 66.0% | 66.0% | 2022 | |
Isoleringsteknikk As | Company | 34.0% | 34.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Mundalgruppen As
SUBSEA INSULATION AS Board members of SUBSEA INSULATION AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Lasse Kåre Ståløy | Chief Executive Officer | 0 companies |
| Atle Landro | Chief Executive Officer | 0 companies |
| Olav Tungeland Jacobsen | Chairman | 0 companies |
| Vidar Grindheim | Chairman | 0 companies |
| Glenn Arne Ferkingstad | Board of Directors | 0 companies |
| Vidar Aasgård | Board of Directors | 0 companies |