Riskpilot← Back to searchSign inGet full accessOCEANFRONT AS
ASActiveOrg 917082669Kronullveien 1, 6521 FreiEngineering activities and related technical consultancy · NACE 7112Est. 20165 employees
Revenue 2024
NOK 6,4M
-53% vs 2023
EBITDA margin
-14.8%
+78% vs 2023
Equity ratio
-67.3%
Financial strength
Net profit 2024
NOK -1,7M
+68% vs 2023
| Revenue | NOK 6,4M | -53% |
| EBITDA | NOK -947K | +78% |
| Net profit | NOK -1,7M | +68% |
| Total assets | NOK 6,2M | -7% |
| Equity | NOK -4,1M | +14% |
| Employees | 5 | — |
Legal name
OCEANFRONT AS
Org number
917082669
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
22. april 2016
Share capital
NOK 1 058 825
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller daglig leder alene.
Company purpose
Maritime operasjoner og undervannsvirksomhet, samt øvrig virksomhet som naturlig hører inn under dette.
Address
Kronullveien 1, 6521 Frei
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 13 006 | 653 | 20 515 | 13 643 | 6 387 |
| Staff expenses | −7 159 | −490 | −8 202 | −8 043 | −2 335 |
| EBITDA | 1 843 | −221 | 489 | −4 265 | −947 |
| Depreciation & amort. | −205 | −0 | −377 | −574 | −601 |
| EBIT | 1 638 | −221 | 113 | −4 839 | −1 548 |
| Net financials | −199 | −114 | −247 | −417 | −560 |
| Profit before tax | 1 438 | −335 | −134 | −5 256 | −2 107 |
| Tax | 262 | −73 | −114 | 51 | −388 |
| Net profit | 1 176 | −262 | −20 | −5 307 | −1 720 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 6 829 | 4 752 | 16 447 | 6 592 | 6 153 |
| Equity | 2 252 | 22 | 511 | −4 796 | −4 141 |
| Long-term debt | 1 295 | 1 697 | 3 993 | 5 412 | 5 138 |
| Short-term debt | 3 283 | 3 033 | 11 944 | 5 976 | 5 156 |
| Total debt | 4 577 | 4 730 | 15 936 | 11 388 | 10 294 |
EBITDA margin
-14.8%
This company
15.8%
Market median
-194% vs market
20202024
Equity ratio
-67.3%
This company
38.2%
Market median
-276% vs market
20202024
Return on equity
-171963900.0%
This company
18.4%
Market median
-934586513% vs market
20202024
Net profit margin
-26.9%
This company
8.1%
Market median
-432% vs market
20202024
Asset turnover
1.04×
This company
1.12×
Market median
+7% vs market
20202024
Debt / equity
2.49×
This company
0.62×
Market median
-302% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
FI Chief Executive Officer | Chief Executive Officer | 2022 |
AB Chief Executive Officer | Chief Executive Officer | 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Board of Directors | 2022 | |
| Former (3) | ||
| Board of Directors | 2020 – 2022 | |
| Chairman | 2022 – 2022 | |
| Chairman | 2020 – 2022 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 66% | 66% | 2022 | |
| Company | 34% | 34% | 2022 |
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Ellings1 Holding As
OCEANFRONT AS Board members of OCEANFRONT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Frank Inge Ellingsen | Chief Executive Officer | 0 companies |
| Aleksander Bøe Sandøy | Chief Executive Officer | 0 companies |
| Magnus Stranden | Board of Directors | 0 companies |
| Jarle Straume | Board of Directors | 0 companies |
| Nils Erik Pettersen | Chairman | 0 companies |
| Jan-Erik Ottarsen Larsen | Chairman | 0 companies |