Riskpilot← Back to searchSign inGet full accessSEAWORKS KABEL AS
ASActiveOrg 916358091Langnesveien 18, 9408 HarstadConstruction of utility projects for electricity and telecommunications · NACE 4222Est. 20150 employeeswww.seaworks.no
Revenue 2024
NOK 141,7M
-20% vs 2023
EBITDA margin
2.8%
-81% vs 2023
Equity ratio
39.4%
Financial strength
Net profit 2024
NOK -12,3M
-262% vs 2023
| Revenue | NOK 141,7M | -20% |
| EBITDA | NOK 3,9M | -81% |
| Net profit | NOK -12,3M | -262% |
| Total assets | NOK 250,9M | +8% |
| Equity | NOK 98,9M | -11% |
| Employees | 0 | — |
Legal name
SEAWORKS KABEL AS
Org number
916358091
Legal form
Aksjeselskap
NACE code
4222 · Construction of utility projects for electricity and telecommunications
Founded
8. desember 2015
Share capital
NOK 1 244 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og ett styremedlem i fellesskap.
Company purpose
Maritim virksomhet herunder kabellegging.
Address
Langnesveien 18, 9408 Harstad
Website
www.seaworks.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 043 | 38 587 | 36 864 | 58 165 | 83 213 | 100 006 | 64 476 | 117 489 | 176 643 | 141 730 |
| Staff expenses | −1 153 | −10 114 | −9 447 | −10 283 | −9 820 | −11 610 | −10 692 | −17 822 | −39 403 | −43 868 |
| EBITDA | 798 | 6 095 | 8 338 | 12 876 | 11 084 | 18 749 | 9 854 | 22 481 | 20 397 | 3 941 |
| Depreciation & amort. | −202 | −2 420 | −2 334 | −2 320 | −2 320 | −2 475 | −2 640 | −4 241 | −7 948 | −9 250 |
| EBIT | 596 | 3 675 | 6 004 | 10 556 | 8 764 | 16 274 | 7 214 | 18 240 | 12 449 | −5 308 |
| Net financials | −11 | −544 | −520 | −188 | −157 | −237 | −526 | −2 414 | −4 848 | −6 991 |
| Profit before tax | 585 | 3 131 | 5 484 | 10 368 | 8 607 | 16 037 | 6 687 | 15 827 | 7 601 | −12 299 |
| Tax | −0 | −0 | −0 | −0 | −0 | 1 | −0 | −0 | −0 | −0 |
| Net profit | 585 | 3 131 | 5 484 | 10 368 | 8 607 | 16 036 | 6 687 | 15 827 | 7 601 | −12 299 |
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 27 370 | 34 684 | 35 914 | 46 733 | 62 102 | 50 223 | 66 142 | 213 014 | 232 202 | 250 874 |
| Equity | 9 202 | 12 333 | 12 841 | 17 209 | 20 816 | 28 851 | 35 519 | 103 596 | 111 197 | 98 898 |
| Long-term debt | 17 332 | 15 832 | 13 157 | 10 557 | 7 957 | 5 357 | 20 933 | 71 713 | 66 489 | 102 178 |
| Short-term debt | 836 | 6 519 | 9 915 | 18 967 | 33 329 | 16 015 | 9 690 | 37 706 | 54 516 | 49 798 |
| Total debt | 18 168 | 22 351 | 23 072 | 29 524 | 41 286 | 21 372 | 30 623 | 109 419 | 121 005 | 151 975 |
EBITDA margin
2.8%
This company
15.8%
Market median
-82% vs market
20152024
Equity ratio
39.4%
This company
38.2%
Market median
+3% vs market
20152024
Return on equity
-12.4%
This company
18.4%
Market median
-167% vs market
20152024
Net profit margin
-8.7%
This company
8.1%
Market median
-207% vs market
20152024
Asset turnover
0.56×
This company
1.12×
Market median
-50% vs market
20152024
Debt / equity
1.54×
This company
0.62×
Market median
-148% vs market
20152024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
ØM Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
RM Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
JA Chief Executive Officer | Chief Executive Officer | 2015 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Chairman | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2024 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Seløy Holding As | Company | 50.0% | 50.0% | 2024 |
Gt Sea As | Company | 22.5% | 22.5% | 2024 |
Baltic Offshore Ab | Company | 22.5% | 22.5% | 2024 |
Hokland Invest As | Company | 5.0% | 5.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of SEAWORKS KABEL AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Østen Mortvedt | Chief Executive Officer | 0 companies |
| Runar Mørch | Chief Executive Officer | 0 companies |
| Jan Arild Paulsen | Chief Executive Officer | 0 companies |
| Stian Hokland | Board of Directors | 0 companies |
| Øyvind Vedal Grøttheim | Chairman | 0 companies |
| Thomas Arne Eklund | Board of Directors | 0 companies |
| Natalie Eleonora Franzen | Board of Directors | 0 companies |
| Robert Arnfinn Tønne | Board of Directors | 0 companies |
| Martin Hokland | Board of Directors | 0 companies |
| Maj-Britt Ingegärd Vivi-Anne Aronsson | Board of Directors | 0 companies |
| Guro Høyaas Løken | Board of Directors | 0 companies |
| Vigdis Karlsen Hokland | Chairman | 0 companies |
| Morten Støver | Board of Directors | 0 companies |