Loading company…
Riskpilot
← Back to search
Sign in
Get full access
RAFFLES SHIPPING PROJECTS AS
AS
Active
Org 923883657
Haakon VIIs gate 1, 0161 Oslo
Repair and maintenance of civilian ships and boats · NACE 3315
Est. 2019
1 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 14,4M
+156% vs 2023
EBITDA margin
61.8%
+271% vs 2023
Equity ratio
35.1%
Financial strength
Net profit 2024
NOK 6,9M
+349% vs 2023
EBITDA — year on year
NOK millions
11M
8M
5M
2M
-1M
-1M
2020
3M
+400%
2021
2M
-33%
2022
2M
0%
2023
9M
+350%
2024
Key figures
Annual report 2024
Revenue
NOK 14,4M
+156%
EBITDA
NOK 8,9M
+271%
Net profit
NOK 6,9M
+349%
Total assets
NOK 15,1M
+205%
Equity
NOK 5,3M
+30%
Employees
1
—
Company information
Legal name
RAFFLES SHIPPING PROJECTS AS
Org number
923883657
Legal form
Aksjeselskap
NACE code
3315 · Repair and maintenance of civilian ships and boats
Founded
28. november 2019
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Salg og kjøp, samt bygging og reparasjon av skip og båter.
Contact
Address
Haakon VIIs gate 1, 0161 Oslo
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 Repair and maintenance of civilian ships and boats
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
4M
8M
12M
16M
1M
2020
5M
2021
5M
2022
6M
2023
14M
2024
EBITDA
NOK millions
0M
3M
5M
8M
10M
-1M
2020
3M
2021
2M
2022
2M
2023
9M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 426
4 653
4 827
5 620
14 376
Staff expenses
−0
−1 622
−1 877
−0
−0
EBITDA
−856
2 757
1 900
2 396
8 890
Depreciation & amort.
−19
−19
−17
−7
−0
EBIT
−875
2 737
1 884
2 389
8 890
Net financials
−5
−32
−80
−402
−33
Profit before tax
−880
2 705
1 804
1 988
8 857
Tax
−0
316
404
−0
−0
Net profit
−880
2 389
1 400
1 535
6 900
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 711
4 506
5 941
4 940
15 086
Equity
−1 254
1 135
2 535
4 070
5 300
Long-term debt
0
0
0
0
0
Short-term debt
2 964
3 371
3 406
870
9 786
Total debt
2 964
3 371
3 406
870
9 786
Financial ratios
5-year trend
EBITDA margin
61.8%
This company
15.8%
Market median
+291% vs market
2020
2024
Equity ratio
35.1%
This company
38.2%
Market median
+8% vs market
2020
2024
Return on equity
130.2%
This company
18.4%
Market median
+608% vs market
2020
2024
Net profit margin
48.0%
This company
8.1%
Market median
+493% vs market
2020
2024
Asset turnover
0.95×
This company
1.12×
Market median
+15% vs market
2020
2024
Debt / equity
1.85×
This company
0.62×
Market median
-198% 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 (1)
AP
Alexander Pettersson
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Raffles Shipping Projects Pte. Ltd
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
.
Company hierarchy
RAFFLES SHIPPING PROJECTS AS
(this company)
RAFFLES NEW POWER AS
Board network connections
Board members of RAFFLES SHIPPING PROJECTS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Alexander Pettersson
Chairman
0 companies