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.

Riskpilot← Back to search

Sign inGet full access

POLAR ALGAE AS

ASActive

Org 917875146Havneveien 50, 9610 RypefjordMarine aquaculture· NACE 0321Est. 2016 · 9 years old7 employees

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2020	2021	2022	2023	2024
Revenue	733	935	1 720	1 789	3 529
Staff expenses	−851	−925	−2 111	−4 318	−7 585
EBITDA	−1 178	−653	−2 494	−5 050	−12 430
Depreciation & amort.	−51	−125	−127	−617	−1 446
EBIT	−1 229	−778	−2 621	−5 667	−13 875
Net financials	−3	2	−5	−362	−1 054
Profit before tax	−1 232	−776	−2 626	−6 029	−14 929
Tax	−0	−0	−0	−0	−0
Net profit	−1 232	−776	−2 626	−6 029	−14 929

Balance sheet

NOK thousands

Item	2020	2021	2022	2023	2024
Total assets	4 265	2 945	13 397	26 037	60 128
Equity	3 883	3 107	12 481	10 452	41 080
Long-term debt	0	0	0	12 913	16 452
Short-term debt	381	−162	916	2 672	2 596
Total debt	381	−162	916	15 585	19 048

Financial ratios

5-year trend

EBITDA margin

-352.2%

This company

15.8%

Market median

-2329% vs market

20202024

Equity ratio

68.3%

This company

38.2%

Market median

+79% vs market

20202024

Return on equity

-36.3%

This company

18.4%

Market median

-297% vs market

20202024

Net profit margin

-423.0%

This company

8.1%

Market median

-5322% vs market

20202024

Asset turnover

0.06×

This company

1.12×

Market median

-95% vs market

20202024

Debt / equity

0.46×

This company

0.62×

Market median

+26% vs market

20202024

Annual reports & filings

Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF

POLAR ALGAE AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on POLAR ALGAE AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on POLAR ALGAE AS