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FEEN MARINE AS
AS
Active
Org 924850280
Fridtjof Nansens Plass 4, 0160 Oslo
Wholesale of other machinery and equipment · NACE 4664
Est. 2020
5 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 38,7M
-31% vs 2023
EBITDA margin
-41.0%
-227% vs 2023
Equity ratio
20.8%
Financial strength
Net profit 2024
NOK -16,3M
-128% vs 2023
EBITDA — year on year
NOK millions
15M
6M
-3M
-11M
-20M
-1M
2020
0M
+100%
2021
2M
+200%
2022
12M
+500%
2023
-16M
-233%
2024
Key figures
Annual report 2024
Revenue
NOK 38,7M
-31%
EBITDA
NOK -15,9M
-227%
Net profit
NOK -16,3M
-128%
Total assets
NOK 270,3M
+10%
Equity
NOK 56,2M
-23%
Employees
5
—
Company information
Legal name
FEEN MARINE AS
Org number
924850280
Legal form
Aksjeselskap
NACE code
4664 · Wholesale of other machinery and equipment
Founded
27. mars 2020
Share capital
NOK 30 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Levere varer og tjenester til marin sektor, samt kjøp, utleie og salg av eiendom, og investering i aksjer og verdipapirer.
Contact
Address
Fridtjof Nansens Plass 4, 0160 Oslo
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Companies in Wholesale of other machinery and equipment
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
16M
32M
48M
64M
4M
2020
4M
2021
29M
2022
56M
2023
39M
2024
EBITDA
NOK millions
0M
3M
7M
10M
14M
-1M
2020
0M
2021
2M
2022
12M
2023
-16M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
3 556
3 562
29 057
56 260
38 697
Staff expenses
−319
−1 118
−3 301
−3 496
−3 340
EBITDA
−552
−484
2 130
12 473
−15 885
Depreciation & amort.
−0
−17
−17
−25
−83
EBIT
−552
−501
2 113
12 449
−15 967
Net financials
672
8 543
12 942
51 747
−987
Profit before tax
120
8 042
15 055
64 195
−16 955
Tax
−0
727
3 310
6 380
−606
Net profit
120
7 315
11 745
57 815
−16 349
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
150 205
184 912
208 832
244 777
270 322
Equity
145
7 460
19 205
72 719
56 239
Long-term debt
149 914
175 853
179 369
158 804
198 156
Short-term debt
146
1 600
10 259
13 254
15 928
Total debt
150 060
177 453
189 627
172 057
214 083
Financial ratios
5-year trend
EBITDA margin
-41.0%
This company
15.8%
Market median
-359% vs market
2020
2024
Equity ratio
20.8%
This company
38.2%
Market median
-46% vs market
2020
2024
Return on equity
-29.1%
This company
18.4%
Market median
-258% vs market
2020
2024
Net profit margin
-42.2%
This company
8.1%
Market median
-621% vs market
2020
2024
Asset turnover
0.14×
This company
1.12×
Market median
-88% vs market
2020
2024
Debt / equity
3.81×
This company
0.62×
Market median
-515% 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)
NF
Nicholas Feen
Chairman
2020
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
FEEN MARINE AS
(this company)
Pallas Tankers As
PALLAS VLCC AS
Board network connections
Board members of FEEN MARINE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Nicholas Feen
Chairman
0 companies