Riskpilot← Back to searchSign inGet full accessISLAND VICTORY AS
ASActiveOrg 920718590Stålhaugen 9, 6065 UlsteinvikSea and coastal freight water transport · NACE 5020Est. 20180 employeeswww.islandoffshore.com
Revenue 2024
NOK 461,5M
+18% vs 2023
EBITDA margin
55.9%
+10% vs 2023
Equity ratio
57.1%
Financial strength
Net profit 2024
NOK 154M
+28% vs 2023
| Revenue | NOK 461,5M | +18% |
| EBITDA | NOK 257,9M | +10% |
| Net profit | NOK 154M | +28% |
| Total assets | NOK 1,5B | +7% |
| Equity | NOK 830,3M | +20% |
| Employees | 0 | — |
Legal name
ISLAND VICTORY AS
Org number
920718590
Legal form
Aksjeselskap
NACE code
5020 · Sea and coastal freight water transport
Founded
21. april 2018
Share capital
NOK 120 000 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Eie skip og dertil rederivirksomhet.
Address
Stålhaugen 9, 6065 Ulsteinvik
Website
www.islandoffshore.com
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 | 151 261 | 190 385 | 263 070 | 389 994 | 461 499 |
| Staff expenses | −21 806 | −7 151 | −36 196 | −51 467 | −61 490 |
| EBITDA | 39 252 | 134 071 | 126 804 | 233 475 | 257 904 |
| Depreciation & amort. | −3 181 | −33 567 | −33 615 | −31 440 | −32 721 |
| EBIT | 36 071 | 100 504 | 93 188 | 202 035 | 225 183 |
| Net financials | −43 104 | −55 587 | −56 073 | −47 971 | −27 731 |
| Profit before tax | −7 033 | 44 917 | 37 115 | 154 064 | 197 451 |
| Tax | −1 552 | 9 882 | 8 168 | 34 109 | 43 490 |
| Net profit | −5 481 | 35 035 | 28 947 | 119 955 | 153 961 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 1 267 535 | 1 351 586 | 1 245 289 | 1 358 710 | 1 453 079 |
| Equity | 508 102 | 543 137 | 572 085 | 691 614 | 830 269 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 759 433 | 55 956 | 52 562 | 57 444 | 144 458 |
| Total debt | 759 433 | 808 448 | 673 204 | 667 096 | 622 811 |
EBITDA margin
55.9%
This company
15.8%
Market median
+254% vs market
20202024
Equity ratio
57.1%
This company
38.2%
Market median
+49% vs market
20202024
Return on equity
18.5%
This company
18.4%
Market median
+1% vs market
20202024
Net profit margin
33.4%
This company
8.1%
Market median
+312% vs market
20202024
Asset turnover
0.32×
This company
1.12×
Market median
-71% vs market
20202024
Debt / equity
0.75×
This company
0.62×
Market median
+21% 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 (3) | ||
MM Contact Person | Contact Person | 2023 |
GJ Deputy Member | Deputy Member | 2025 |
HU Deputy Member | Deputy Member | 2025 |
| Former (2) | ||
EH Deputy Member | Deputy Member | 2020 – 2021 |
HS Contact Person | Contact Person | 2018 – 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2021 | |
| Chairman | 2021 | |
| Former (3) | ||
| Board of Directors | 2021 – 2025 | |
| Board of Directors | 2024 – 2025 | |
| Board of Directors | 2021 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Island Offshore Xii As
ISLAND VICTORY AS Board members of ISLAND VICTORY AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Mai-Britt Myklebust | Contact Person | 0 companies |
| Erik Haakonsholm | Deputy Member | 0 companies |
| Gary J Chouest | Deputy Member | 0 companies |
| Henning Sundet | Contact Person | 0 companies |
| Håvard Ulstein | Deputy Member | 0 companies |
| Dino David Chouest | Board of Directors | 0 companies |
| Giovanni Peditto | Board of Directors | 0 companies |
| Amrit Kaur Bhullar | Board of Directors | 0 companies |
| Morten Ulstein | Chairman | 0 companies |
| Fredrik Mordal Hessen | Board of Directors | 0 companies |