Polar Algae AS is a Norwegian AS based in Rypefjord, operating in the Marine aquaculture sector. Incorporated in 2016, the company has 7 employees and reported revenue of NOK 3.5m in its latest annual filing.
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.
In its most recent annual report (2024), Polar Algae AS reported revenue of NOK 3.5m, an increase of 97% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of NOK 14.9m, and the EBITDA margin stood at -352.2%.
At the end of 2024, equity financed 68.3% of the balance sheet, and current assets covered short-term debt 13.5 times.
Frequently asked questions
What is the Org number of Polar Algae AS?
Polar Algae AS is registered with Brønnøysundsregistrene under Org 917875146.
What is the revenue of Polar Algae AS?
Polar Algae AS reported revenue of NOK 3.5m in 2024.
How many employees does Polar Algae AS have?
Polar Algae AS employs 7 people as of the latest annual report.
Who is the CEO of Polar Algae AS?
Trine Bredal Hauan is the CEO of Polar Algae AS, in role since 2023.
Who is the chairman of Polar Algae AS?
Guillermo Luengo Egido chairs the board of Polar Algae AS, in role since 2025.
Where is Polar Algae AS headquartered?
Polar Algae AS's registered address is Havneveien 50, 9610 Rypefjord.
