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SHORE TECH AS
AS
Active
Org 920742718
Nessavegen 421, 4139 Fister
Engineering activities and related technical consultancy · NACE 7112
Est. 2018
1 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,3M
-12% vs 2023
EBITDA margin
85.3%
+820% vs 2023
Equity ratio
178.4%
Financial strength
Net profit 2024
NOK 851K
+873% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
1M
2018
0M
-100%
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 1,3M
-12%
EBITDA
NOK 1,1M
+820%
Net profit
NOK 851K
+873%
Total assets
NOK 493K
-41%
Equity
NOK 881K
+774%
Employees
1
—
Company information
Legal name
SHORE TECH AS
Org number
920742718
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
18. april 2018
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Bygge og utvikle utstyr for maritime anlegg med hensikt å redusere utslipp.
Contact
Address
Nessavegen 421, 4139 Fister
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
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Companies in Engineering activities and related technical consultancy
Companies in Hjelmeland
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
3M
2018
1M
2019
0M
2020
0M
2021
0M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2018
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2018
2019
2020
2021
2022
2023
2024
Revenue
3 262
1 374
344
183
353
1 447
1 278
Staff expenses
−1 050
−860
−39
−29
−38
−992
−0
EBITDA
845
78
135
55
−24
119
1 091
Depreciation & amort.
−0
−7
−15
−15
−13
−10
−0
EBIT
845
71
120
40
−37
109
1 091
Net financials
−0
−0
−0
−0
0
−4
0
Profit before tax
845
71
120
40
−36
105
1 091
Tax
192
20
26
9
−1
18
240
Net profit
653
51
94
31
−36
87
851
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
2022
2023
2024
Total assets
1 209
247
290
161
21
837
493
Equity
73
124
218
49
13
101
881
Long-term debt
4
2
1
1
0
0
0
Short-term debt
1 131
121
71
111
8
736
867
Total debt
1 136
123
73
112
8
736
867
Financial ratios
5-year trend
EBITDA margin
85.3%
This company
15.8%
Market median
+440% vs market
2018
2024
Equity ratio
178.4%
This company
38.2%
Market median
+367% vs market
2018
2024
Return on equity
96.6%
This company
18.4%
Market median
+425% vs market
2018
2024
Net profit margin
66.6%
This company
8.1%
Market median
+722% vs market
2018
2024
Asset turnover
2.59×
This company
1.12×
Market median
+131% vs market
2018
2024
Debt / equity
-0.44×
This company
0.62×
Market median
+171% vs market
2018
2024
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-04-06 – 2018-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
OJ
Oliver Jensen
Chief Executive Officer
Chief Executive Officer
2024
—
—
EE
Erik Egeland Fløysvik
Chief Executive Officer
Chief Executive Officer
2018
—
—
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.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of SHORE TECH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Oliver Jensen
Chief Executive Officer
0 companies
Erik Egeland Fløysvik
Chief Executive Officer
0 companies