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CREDO SHIPPING AS
AS
Active
Org 921800800
Sea and coastal freight water transport · NACE 5020
Est. 2018
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2020
NOK 24M
+246% vs 2019
EBITDA margin
22.2%
+534% vs 2019
Equity ratio
52.7%
Financial strength
Net profit 2020
NOK -41K
+97% vs 2019
EBITDA — year on year
NOK millions
6M
4M
3M
1M
-1M
-1M
2019
5M
+600%
2020
Key figures
Annual report 2020
Revenue
NOK 24M
+246%
EBITDA
NOK 5,3M
+534%
Net profit
NOK -41K
+97%
Total assets
NOK 34,7M
-10%
Equity
NOK 18,3M
-7%
Employees
0
—
Company information
Legal name
CREDO SHIPPING AS
Org number
921800800
Legal form
Aksjeselskap
NACE code
5020 · Sea and coastal freight water transport
Founded
28. november 2018
Share capital
NOK 100 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Drive skipsfart og rederivirksomhet, samt hva som hermed står i forbindelse, herunder deltakelse i andre selskaper med tilsvarende formål.
Contact
Address
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Sea and coastal freight water transport
Companies in
All Norway companies
Revenue
NOK millions
0M
7M
14M
21M
28M
7M
2019
24M
2020
EBITDA
NOK millions
0M
1M
3M
4M
6M
-1M
2019
5M
2020
Income statement
NOK thousands
Item
2019
2020
Revenue
6 924
23 982
Staff expenses
−0
−0
EBITDA
−1 226
5 315
Depreciation & amort.
−1 325
−3 976
EBIT
−2 551
1 339
Net financials
1 138
−1 331
Profit before tax
−1 413
8
Tax
46
49
Net profit
−1 459
−41
Balance sheet
NOK thousands
Item
2019
2020
Total assets
38 552
34 725
Equity
19 645
18 317
Long-term debt
15 805
14 079
Short-term debt
3 103
2 330
Total debt
18 907
16 408
Financial ratios
5-year trend
EBITDA margin
22.2%
This company
15.8%
Market median
+41% vs market
2019
2020
Equity ratio
52.7%
This company
38.2%
Market median
+38% vs market
2019
2020
Return on equity
-0.2%
This company
18.4%
Market median
-101% vs market
2019
2020
Net profit margin
-0.2%
This company
8.1%
Market median
-102% vs market
2019
2020
Asset turnover
0.69×
This company
1.12×
Market median
-38% vs market
2019
2020
Debt / equity
0.90×
This company
0.62×
Market median
+45% vs market
2019
2020
Annual reports & filings
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2018-11-09 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
RA
Randi Anita Næsheim
Contact Person
Contact Person
2018
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JL
Johan Lønnmark Werner
Chairman
2021
Former (3)
ØB
Øystein Bøe
Board of Directors
2020 – 2021
CE
Carl Erik Krefting
Board of Directors
2020 – 2021
CJ
Cedric Johnsen Huysman
Board of Directors
2020 – 2021
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 CREDO SHIPPING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Randi Anita Næsheim
Contact Person
0 companies
Øystein Bøe
Board of Directors
0 companies
Johan Lønnmark Werner
Chairman
0 companies
Carl Erik Krefting
Board of Directors
0 companies
Cedric Johnsen Huysman
Board of Directors
0 companies