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SMART SEA SYSTEM AS
AS
Active
Org 915263690
Professor Olav Hanssens Vei 7A, 4021 Stavanger
Computer programming activities · NACE 6210
Est. 2015
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,8M
+14% vs 2023
EBITDA margin
4.0%
+132% vs 2023
Equity ratio
84.6%
Financial strength
Net profit 2024
NOK 84K
+146% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
1M
+100%
2021
0M
-100%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 1,8M
+14%
EBITDA
NOK 71K
+132%
Net profit
NOK 84K
+146%
Total assets
NOK 2,1M
+7%
Equity
NOK 1,8M
+5%
Employees
1
—
Company information
Legal name
SMART SEA SYSTEM AS
Org number
915263690
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
20. april 2015
Share capital
NOK 100 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Utvikling og salg av datasystemer og andre produkter/tjenester som naturlig hører sammen med dette.
Contact
Address
Professor Olav Hanssens Vei 7A, 4021 Stavanger
Email
jh@smartsea.no
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Companies in Computer programming activities
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
1M
2020
2M
2021
1M
2022
2M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 434
1 667
1 305
1 564
1 785
Staff expenses
−583
−663
−761
−1 078
−1 070
EBITDA
293
531
54
31
71
Depreciation & amort.
−70
−70
−70
−75
−58
EBIT
223
461
−16
−44
13
Net financials
10
4
19
79
71
Profit before tax
233
465
3
34
84
Tax
−0
−0
−0
−0
−0
Net profit
233
465
3
34
84
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 401
1 842
1 972
1 946
2 075
Equity
1 169
1 634
1 637
1 672
1 756
Long-term debt
0
0
0
0
0
Short-term debt
232
208
334
275
320
Total debt
232
208
334
275
320
Financial ratios
5-year trend
EBITDA margin
4.0%
This company
15.8%
Market median
-75% vs market
2020
2024
Equity ratio
84.6%
This company
38.2%
Market median
+121% vs market
2020
2024
Return on equity
4.8%
This company
18.4%
Market median
-74% vs market
2020
2024
Net profit margin
4.7%
This company
8.1%
Market median
-42% vs market
2020
2024
Asset turnover
0.86×
This company
1.12×
Market median
+23% vs market
2020
2024
Debt / equity
0.18×
This company
0.62×
Market median
+71% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
TC
Tim Christian Smistad
Chairman
2019
OK
Ottar Kvindesland
Board of Directors
2019
ØG
Øyvind Gellein
Chairman
2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Gellein As
Company
89%
89%
2022
Smistad Management As
Company
11%
11%
2022
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Company hierarchy
Smistad Management As
SMART SEA SYSTEM AS
(this company)
Board network connections
Board members of SMART SEA SYSTEM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tim Christian Smistad
Chairman
0 companies
Ottar Kvindesland
Board of Directors
0 companies
Øyvind Gellein
Chairman
0 companies