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COAST SOLUTIONS AS
AS
Active
Org 922585474
Morten Vikan Vatnveien 165, 7318 Agdenes
Engineering activities and related technical consultancy · NACE 7112
Est. 2019
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 558K
+35% vs 2023
EBITDA margin
27.4%
+85% vs 2023
Equity ratio
44.0%
Financial strength
Net profit 2024
NOK 120K
+46% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 558K
+35%
EBITDA
NOK 153K
+85%
Net profit
NOK 120K
+46%
Total assets
NOK 429K
+90%
Equity
NOK 189K
+175%
Employees
0
—
Company information
Legal name
COAST SOLUTIONS AS
Org number
922585474
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
5. april 2019
Share capital
NOK 30 000
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
Kjøp, salg og utleie av arbeidskraft til tjenester på land og sjø/maritimt, samt alt som hører naturlig til dette
Contact
Address
Morten Vikan Vatnveien 165, 7318 Agdenes
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Companies in Engineering activities and related technical consultancy
Companies in Orkland
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
76
67
197
414
558
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−33
−18
30
82
153
Depreciation & amort.
−3
−34
−29
−0
−0
EBIT
−36
−52
2
82
153
Net financials
−0
−0
0
0
0
Profit before tax
−36
−52
2
82
153
Tax
−0
−0
−0
−0
33
Net profit
−36
−52
2
82
120
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
489
352
60
226
429
Equity
37
−15
−14
69
189
Long-term debt
429
337
0
0
7
Short-term debt
23
30
74
157
234
Total debt
452
367
74
157
240
Financial ratios
5-year trend
EBITDA margin
27.4%
This company
15.8%
Market median
+73% vs market
2020
2024
Equity ratio
44.0%
This company
38.2%
Market median
+15% vs market
2020
2024
Return on equity
63.6%
This company
18.4%
Market median
+246% vs market
2020
2024
Net profit margin
21.5%
This company
8.1%
Market median
+165% vs market
2020
2024
Asset turnover
1.30×
This company
1.12×
Market median
+16% vs market
2020
2024
Debt / equity
1.27×
This company
0.62×
Market median
-105% vs market
2020
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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
MV
Morten Vikan
Board of Directors
2019
HM
Hilde Maaø Vikan
Chairman
2019
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
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of COAST SOLUTIONS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Morten Vikan
Board of Directors
0 companies
Hilde Maaø Vikan
Chairman
0 companies