Riskpilot← Back to searchSign inGet full accessFRONT OCEAN MANAGEMENT AS
ASActiveOrg 927425777Bryggegata 3, 0250 OsloService activities incidental to water transportation · NACE 5222Est. 202115 employees
Revenue 2024
NOK 68,3M
+8% vs 2023
EBITDA margin
4.9%
+10% vs 2023
Equity ratio
33.4%
Financial strength
Net profit 2024
NOK 3,1M
+25% vs 2023
| Revenue | NOK 68,3M | +8% |
| EBITDA | NOK 3,4M | +10% |
| Net profit | NOK 3,1M | +25% |
| Total assets | NOK 22,7M | +24% |
| Equity | NOK 7,6M | +69% |
| Employees | 15 | — |
Legal name
FRONT OCEAN MANAGEMENT AS
Org number
927425777
Legal form
Aksjeselskap
NACE code
5222 · Service activities incidental to water transportation
Founded
15. juli 2021
Share capital
NOK 30 000
Employees
15 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Å yte tjenester til nærstående selskap samt annet som står i naturlig forbindelse med dette.
Address
Bryggegata 3, 0250 Oslo
Phone
+4799530077
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 9 293 | 46 656 | 63 456 | 68 338 |
| Staff expenses | −4 183 | −20 382 | −32 190 | −33 984 |
| EBITDA | 226 | 2 269 | 3 054 | 3 366 |
| Depreciation & amort. | −3 | −48 | −123 | −128 |
| EBIT | 224 | 2 222 | 2 932 | 3 238 |
| Net financials | 2 | 73 | 247 | 753 |
| Profit before tax | 226 | 2 295 | 3 179 | 3 991 |
| Tax | 50 | 505 | 701 | 882 |
| Net profit | 176 | 1 790 | 2 478 | 3 109 |
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 6 613 | 8 774 | 18 250 | 22 713 |
| Equity | 206 | 1 996 | 4 475 | 7 583 |
| Long-term debt | 3 | 18 | 15 | 5 |
| Short-term debt | 6 404 | 6 760 | 13 761 | 15 124 |
| Total debt | 6 406 | 6 778 | 13 776 | 15 129 |
EBITDA margin
4.9%
This company
15.8%
Market median
-69% vs market
20212024
Equity ratio
33.4%
This company
38.2%
Market median
+13% vs market
20212024
Return on equity
41.0%
This company
18.4%
Market median
+123% vs market
20212024
Net profit margin
4.5%
This company
8.1%
Market median
-44% vs market
20212024
Asset turnover
3.01×
This company
1.12×
Market median
+169% vs market
20212024
Debt / equity
2.00×
This company
0.62×
Market median
-223% vs market
20212024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-07-15 – 2021-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
CM Chief Executive Officer | Chief Executive Officer | 2021 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2023 | |
| Chairman | 2024 | |
| Former (2) | ||
| Chairman | 2021 – 2021 | |
| Chairman | 2023 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Front Ocean Management 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.
No registered parent or subsidiaries
Board members of FRONT OCEAN MANAGEMENT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Christopher Mark Walker | Chief Executive Officer | 0 companies |
| Jannicke Eilertsen | Board of Directors | 0 companies |
| Kristian Brekke Djuve | Chairman | 0 companies |
| Thorolf Peder Aurstad | Chairman | 0 companies |
| James Gareth Ayers | Chairman | 0 companies |