Riskpilot← Back to searchSign inGet full accessPOLAR ALGAE AS
ASActiveOrg 917875146Havneveien 50, 9610 RypefjordMarine aquaculture · NACE 0321Est. 20168 employees
Revenue 2024
NOK 3,5M
+97% vs 2023
EBITDA margin
-352.2%
-146% vs 2023
Equity ratio
68.3%
Financial strength
Net profit 2024
NOK -14,9M
-148% vs 2023
| Revenue | NOK 3,5M | +97% |
| EBITDA | NOK -12,4M | -146% |
| Net profit | NOK -14,9M | -148% |
| Total assets | NOK 60,1M | +131% |
| Equity | NOK 41,1M | +293% |
| Employees | 8 | — |
Legal name
POLAR ALGAE AS
Org number
917875146
Legal form
Aksjeselskap
NACE code
0321 · Marine aquaculture
Founded
25. oktober 2016
Share capital
NOK 675 966
Employees
8 (FTE)
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
Videreforedling og salg av produkter basert på utnyttelse av alger og annen marine ressurser, samt rådgivningstjenester/fou og annet som naturlig faller inn under dette.
Address
Havneveien 50, 9610 Rypefjord
Phone
+4799583737
Email
caroline@polaralgae.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25 | 797 | 512 | 814 | 733 | 935 | 1 720 | 1 789 | 3 529 |
| Staff expenses | −0 | −0 | −260 | −189 | −851 | −925 | −2 111 | −4 318 | −7 585 |
| EBITDA | −56 | −139 | −646 | −374 | −1 178 | −653 | −2 494 | −5 050 | −12 430 |
| Depreciation & amort. | −0 | −0 | −5 | −7 | −51 | −125 | −127 | −617 | −1 446 |
| EBIT | −56 | −139 | −652 | −381 | −1 229 | −778 | −2 621 | −5 667 | −13 875 |
| Net financials | −0 | −18 | −0 | −5 | −3 | 2 | −5 | −362 | −1 054 |
| Profit before tax | −56 | −157 | −652 | −386 | −1 232 | −776 | −2 626 | −6 029 | −14 929 |
| Tax | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net profit | −56 | −157 | −652 | −386 | −1 232 | −776 | −2 626 | −6 029 | −14 929 |
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | 1 | 61 | 256 | 547 | 4 265 | 2 945 | 13 397 | 26 037 | 60 128 |
| Equity | −26 | −33 | 125 | 115 | 3 883 | 3 107 | 12 481 | 10 452 | 41 080 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 913 | 16 452 |
| Short-term debt | 27 | 94 | 130 | 432 | 381 | −162 | 916 | 2 672 | 2 596 |
| Total debt | 27 | 94 | 130 | 432 | 381 | −162 | 916 | 15 585 | 19 048 |
EBITDA margin
-352.2%
This company
15.8%
Market median
-2329% vs market
20162024
Equity ratio
68.3%
This company
38.2%
Market median
+79% vs market
20162024
Return on equity
-36.3%
This company
18.4%
Market median
-297% vs market
20162024
Net profit margin
-423.0%
This company
8.1%
Market median
-5322% vs market
20162024
Asset turnover
0.06×
This company
1.12×
Market median
-95% vs market
20162024
Debt / equity
0.46×
This company
0.62×
Market median
+26% vs market
20162024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
JO Deputy Member | Deputy Member | 2023 | — | — |
TB Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
HK Deputy Member | Deputy Member | 2023 | — | — |
AN Deputy Member | Deputy Member | 2023 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2023 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Chairman | 2023 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2024 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Desarrollo Agricola Y Minero, Sa | Company | 57.4% | 57.4% | 2024 |
Norsea Polarbase As | Company | 27.2% | 27.2% | 2024 |
Hammerfest Næringsinvest As | Company | 11.9% | 11.9% | 2023 |
Industri Invest Nord As | Company | 8.2% | 8.2% | 2024 |
Verdens Nordligste As | Company | 6.0% | 6.0% | 2024 |
Arctic Ocean Garden As | Company | 1.2% | 1.2% | 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 POLAR ALGAE AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| John Olaf Næsheim | Deputy Member | 0 companies |
| Trine Bredal Hauan | Chief Executive Officer | 0 companies |
| Hege Kristin Øksenvåg Gjerde | Deputy Member | 0 companies |
| Arnold Nikolai Paus Haukeland | Deputy Member | 0 companies |
| Morits Alexander Skaugen | Board of Directors | 0 companies |
| Guillermo Luengo Egido | Chairman | 0 companies |
| Caroline Greiner Haukeland | Board of Directors | 0 companies |
| Jeanette Moland | Board of Directors | 0 companies |
| Stig Ove Hjelmevoll | Board of Directors | 0 companies |
| Ketil Holmgren | Chairman | 0 companies |
| Juan Carlos Pardos Alda | Board of Directors | 0 companies |
| Miguel Angel Fraj Gascon | Board of Directors | 0 companies |
| Kjartan Andre Mikalsen | Board of Directors | 0 companies |