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MARITIME DEVELOPMENTS LIMITED
NUF
Active
Org 919910062
- 31, Gb-Aberdeen Ab10 6sd
Industrial product and fashion design activities · NACE 7411
Est. 2017
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 36,7M
+27% vs 2023
EBITDA margin
29.4%
+45% vs 2023
Equity ratio
44.9%
Financial strength
Net profit 2024
NOK 6,6M
+41% vs 2023
EBITDA — year on year
NOK millions
14M
10M
7M
3M
0M
2M
2021
4M
+100%
2022
7M
+75%
2023
11M
+57%
2024
Key figures
Annual report 2024
Revenue
NOK 36,7M
+27%
EBITDA
NOK 10,8M
+45%
Net profit
NOK 6,6M
+41%
Total assets
NOK 32,3M
+42%
Equity
NOK 14,5M
+65%
Employees
0
—
Company information
Legal name
MARITIME DEVELOPMENTS LIMITED
Org number
919910062
Legal form
Norskregistrert Utenlandsk Foretak
NACE code
7411 · Industrial product and fashion design activities
Founded
23. november 2017
Share capital
—
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-03-31
Financial year
January – December
Contact
Address
- 31, Gb-Aberdeen Ab10 6sd
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Companies in Industrial product and fashion design activities
Companies in Gb-Aberdeen Ab10 6sd
All Norway companies
Revenue
NOK millions
0M
11M
21M
32M
43M
13M
2021
18M
2022
29M
2023
37M
2024
EBITDA
NOK millions
0M
3M
6M
9M
13M
2M
2021
4M
2022
7M
2023
11M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
13 249
17 559
28 867
36 732
Staff expenses
−0
−0
−0
−0
EBITDA
1 742
3 977
7 436
10 799
Depreciation & amort.
−0
−1 376
−1 566
−1 728
EBIT
1 742
2 600
5 870
9 070
Net financials
−968
−951
−882
−796
Profit before tax
774
1 650
4 988
8 274
Tax
71
683
286
1 652
Net profit
703
967
4 702
6 623
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
13 269
14 158
22 764
32 310
Equity
3 122
4 089
8 791
14 522
Long-term debt
10 147
10 069
8 150
5 617
Short-term debt
0
0
5 823
12 171
Total debt
10 147
10 069
13 973
17 788
Financial ratios
5-year trend
EBITDA margin
29.4%
This company
15.8%
Market median
+86% vs market
2021
2024
Equity ratio
44.9%
This company
38.2%
Market median
+18% vs market
2021
2024
Return on equity
45.6%
This company
18.4%
Market median
+148% vs market
2021
2024
Net profit margin
18.0%
This company
8.1%
Market median
+122% vs market
2021
2024
Asset turnover
1.14×
This company
1.12×
Market median
+2% vs market
2021
2024
Debt / equity
1.22×
This company
0.62×
Market median
-97% vs market
2021
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2023-04-01 – 2024-03-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2022-04-01 – 2023-03-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2021-04-01 – 2022-03-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2020-04-01 – 2021-03-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
AC
Antonio Carl Francisco Secanell Holstad
Norwegian Representative For Foreign Entity
Norwegian Representative For Foreign Entity
2025
GM
Graeme Mcgregor Little
Chief Executive Officer
Chief Executive Officer
2021
Former (1)
AN
Alan Neil Macleod
Chief Executive Officer
Chief Executive Officer
2017 – 2025
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MARITIME DEVELOPMENTS LIMITED also hold positions in
0
other companies.
Person
Role here
Other companies
Antonio Carl Francisco Secanell Holstad
Norwegian Representative For Foreign Entity
0 companies
Graeme Mcgregor Little
Chief Executive Officer
0 companies
Alan Neil Macleod
Chief Executive Officer
0 companies