Loading company…
Riskpilot
← Back to search
Sign in
Get full access
SUBFARM AS
AS
Active
Org 928106977
Gate 1, 6700 Måløy
Manufacture of other general-purpose machinery n.e.c. · NACE 2829
Est. 2021
0 employees
Watchlist
Share
Download PDF
Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 504K
+404% vs 2023
EBITDA margin
-137.6%
+71% vs 2023
Equity ratio
-440.3%
Financial strength
Net profit 2024
NOK -957K
+64% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2021
-3M
-300%
2022
-2M
+33%
2023
-1M
+50%
2024
Key figures
Annual report 2024
Revenue
NOK 504K
+404%
EBITDA
NOK -694K
+71%
Net profit
NOK -957K
+64%
Total assets
NOK 1,5M
-1%
Equity
NOK -6,4M
-18%
Employees
0
—
Company information
Legal name
SUBFARM AS
Org number
928106977
Legal form
Aksjeselskap
NACE code
2829 · Manufacture of other general-purpose machinery n.e.c.
Founded
10. november 2021
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 leder alene. Daglig leder alene.
Company purpose
Utvikling og salg av teknologi for oppdrettsnæring og sjømatproduksjon.
Contact
Address
Gate 1, 6700 Måløy
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 Manufacture of other general-purpose machinery n.e.c.
Companies in Kinn
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
-3M
2022
-2M
2023
-1M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
0
60
100
504
Staff expenses
−0
−0
−0
−0
EBITDA
−26
−2 772
−2 387
−694
Depreciation & amort.
−0
−2
−283
−264
EBIT
−26
−2 773
−2 670
−958
Net financials
0
0
1
0
Profit before tax
−26
−2 773
−2 669
−957
Tax
−0
−0
−0
−0
Net profit
−26
−2 773
−2 669
−957
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
18
893
1 466
1 454
Equity
−1
−2 774
−5 443
−6 401
Long-term debt
0
3 600
6 562
7 612
Short-term debt
19
68
347
242
Total debt
19
3 668
6 910
7 855
Financial ratios
5-year trend
EBITDA margin
-137.6%
This company
15.8%
Market median
-971% vs market
2021
2024
Equity ratio
-440.3%
This company
38.2%
Market median
-1253% vs market
2021
2024
Return on equity
-95740700.0%
This company
18.4%
Market median
-520329991% vs market
2021
2024
Net profit margin
-189.8%
This company
8.1%
Market median
-2443% vs market
2021
2024
Asset turnover
0.35×
This company
1.12×
Market median
-69% vs market
2021
2024
Debt / equity
1.23×
This company
0.62×
Market median
-98% vs market
2021
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 2021-10-21 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
PH
Paal Hylin
Chief Executive Officer
Chief Executive Officer
2021
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
KC
Karl Christian Strømsem
Chairman
2021
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Open Ocean Holding As
Company
100.0%
100.0%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Off As
Off Invest As
Open Ocean Holding As
SUBFARM AS
(this company)
Board network connections
Board members of SUBFARM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Paal Hylin
Chief Executive Officer
0 companies
Karl Christian Strømsem
Chairman
0 companies