What is the Org number of OCEAN AQUAFARMS AS?

OCEAN AQUAFARMS AS is registered with Brønnøysundsregistrene under Org 916122381.

What is the revenue of OCEAN AQUAFARMS AS?

OCEAN AQUAFARMS AS reported revenue of NOK 1,5M in 2024.

Who is the CEO of OCEAN AQUAFARMS AS?

Stephen Adshead is Chief Executive Officer of OCEAN AQUAFARMS AS, in role since 2015.

Who is the chairman of OCEAN AQUAFARMS AS?

Heidi Baugstø chairs the board of OCEAN AQUAFARMS AS, in role since 2015.

Where is OCEAN AQUAFARMS AS headquartered?

OCEAN AQUAFARMS AS's registered address is Gauselstubben 3, 4032 Stavanger.

OCEAN AQUAFARMS AS

ASActive

Org 916122381Gauselstubben 3, 4032 StavangerManufacture of cordage, rope, twine and netting · NACE 1394Est. 20150 employees

Revenue 2024

NOK 1,5M

+419% vs 2023

EBITDA margin

8.7%

+213% vs 2023

Equity ratio

20.7%

Financial strength

Net profit 2024

NOK 117K

+162% vs 2023

EBITDA — year on yearNOK millions

Key figuresAnnual report 2024

Revenue	NOK 1,5M	+419%
EBITDA	NOK 129K	+213%
Net profit	NOK 117K	+162%
Total assets	NOK 10,7M	-64%
Equity	NOK 2,2M	+6%
Employees	0	—

Item	2020	2021	2022	2023	2024
Revenue	5 019	1 683	300	287	1 490
Staff expenses	−0	−2	−0	−0	−0
EBITDA	87	−106	−426	−114	129
Depreciation & amort.	−0	−0	−0	−0	−0
EBIT	87	−106	−426	−114	129
Net financials	36	−31	−119	−124	23
Profit before tax	124	−138	−545	−238	152
Tax	−20	−30	−119	−50	35
Net profit	144	−108	−426	−189	117

Item	2020	2021	2022	2023	2024
Total assets	14 968	31 107	32 259	29 579	10 681
Equity	1 350	1 702	1 917	2 098	2 215
Long-term debt	10 679	25 532	25 594	22 045	2 980
Short-term debt	2 939	3 873	4 748	5 436	5 486
Total debt	13 618	29 405	30 342	27 481	8 466

Name	Role	Member since
Current (1)
SA Stephen Adshead Chief Executive Officer	Chief Executive Officer	2015

Name	Role	Member since
Current (1)
HB Heidi Baugstø	Chairman	2015

Shareholder	Type	Ownership	Votes	Since
Mancorp As	Company	100%	100%	2022

Person	Role here	Other companies
Stephen Adshead	Chief Executive Officer	0 companies
Heidi Baugstø	Chairman	0 companies