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HOFSETH PROCESSING AS
AS
Active
Org 928649997
Fjordgata 52, 6005 Ålesund
Processing and preserving of fish, crustaceans and molluscs · NACE 1020
Est. 2022
97 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 195,7M
+7% vs 2023
EBITDA margin
-23.9%
-301% vs 2023
Equity ratio
12.5%
Financial strength
Net profit 2024
NOK -46,5M
-277% vs 2023
EBITDA — year on year
NOK millions
0M
2M
4M
6M
8M
6M
2022
-12M
-300%
2023
-47M
-292%
2024
Key figures
Annual report 2024
Revenue
NOK 195,7M
+7%
EBITDA
NOK -46,9M
-301%
Net profit
NOK -46,5M
-277%
Total assets
NOK 343M
+448%
Equity
NOK 42,8M
+695%
Employees
97
—
Company information
Legal name
HOFSETH PROCESSING AS
Org number
928649997
Legal form
Aksjeselskap
NACE code
1020 · Processing and preserving of fish, crustaceans and molluscs
Founded
1. februar 2022
Share capital
NOK 10 000 000
Employees
97 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Slakting av fisk og foredling og omsetning av fiskeprodukter, herunder deltakelse i andre selskaper med beslektet virksomhet.
Contact
Address
Fjordgata 52, 6005 Ålesund
Risika for professionals
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Revenue
NOK millions
0M
56M
113M
169M
225M
6M
2022
183M
2023
196M
2024
EBITDA
NOK millions
0M
2M
3M
5M
7M
6M
2022
-12M
2023
-47M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
6 284
183 346
195 731
Staff expenses
−0
−40 327
−42 086
EBITDA
5 574
−11 686
−46 866
Depreciation & amort.
−0
−1 140
−7 036
EBIT
5 574
−12 825
−53 902
Net financials
0
−2 970
−5 674
Profit before tax
5 574
−15 795
−59 576
Tax
1 225
−3 475
−13 107
Net profit
4 349
−12 320
−46 469
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
7 246
62 546
342 991
Equity
30
5 384
42 817
Long-term debt
0
0
62 135
Short-term debt
7 216
57 162
238 040
Total debt
7 216
57 162
300 174
Financial ratios
5-year trend
EBITDA margin
-23.9%
This company
15.8%
Market median
-251% vs market
2022
2024
Equity ratio
12.5%
This company
38.2%
Market median
-67% vs market
2022
2024
Return on equity
-108.5%
This company
18.4%
Market median
-690% vs market
2022
2024
Net profit margin
-23.7%
This company
8.1%
Market median
-393% vs market
2022
2024
Asset turnover
0.57×
This company
1.12×
Market median
-49% vs market
2022
2024
Debt / equity
7.01×
This company
0.62×
Market median
-1031% vs market
2022
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
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
ØG
Øystein Giske
Chief Executive Officer
Chief Executive Officer
2022
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
PE
Peder Erik Gjøstøl Iversen
Board of Directors
2022
—
—
RD
Robert-Gerard De Boer
Board of Directors
2023
—
—
MV
Morten Vike
Board of Directors
2023
—
—
RH
Roger Hofseth
Chairman
2023
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Hofseth International As
Company
100.0%
100.0%
2024
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Company hierarchy
Hofseth International As
HOFSETH PROCESSING AS
(this company)
Board network connections
Board members of HOFSETH PROCESSING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Øystein Giske
Chief Executive Officer
0 companies
Peder Erik Gjøstøl Iversen
Board of Directors
0 companies
Robert-Gerard De Boer
Board of Directors
0 companies
Morten Vike
Board of Directors
0 companies
Roger Hofseth
Chairman
0 companies