Loading company…
Riskpilot
← Back to search
Sign in
Get full access
GREEN ISLAND CONDOR AS
AS
Active
Org 929265521
Stålhaugen 9, 6065 Ulsteinvik
Sea and coastal freight water transport · NACE 5020
Est. 2022
0 employees
Watchlist
Share
Download PDF
Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 50M
-29% vs 2023
EBITDA margin
-11.6%
-126% vs 2023
Equity ratio
0.1%
Financial strength
Net profit 2024
NOK -41,7M
-749% vs 2023
EBITDA — year on year
NOK millions
28M
19M
10M
1M
-8M
0M
2022
22M
+2200%
2023
-6M
-127%
2024
Key figures
Annual report 2024
Revenue
NOK 50M
-29%
EBITDA
NOK -5,8M
-126%
Net profit
NOK -41,7M
-749%
Total assets
NOK 674,5M
+178%
Equity
NOK 723K
-94%
Employees
0
—
Company information
Legal name
GREEN ISLAND CONDOR AS
Org number
929265521
Legal form
Aksjeselskap
NACE code
5020 · Sea and coastal freight water transport
Founded
28. mai 2022
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder og ett styremedlem i fellesskap.
Company purpose
Eie skip og aksjer og andeler i andre selskap, samt dertil hørende rederivirksomhet.
Contact
Address
Stålhaugen 9, 6065 Ulsteinvik
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 Sea and coastal freight water transport
Companies in Ulstein
All Norway companies
Revenue
NOK millions
0M
20M
40M
60M
81M
0M
2022
70M
2023
50M
2024
EBITDA
NOK millions
0M
6M
13M
19M
25M
0M
2022
22M
2023
-6M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
474
70 187
49 969
Staff expenses
−288
−29 444
−8 728
EBITDA
−68
22 007
−5 805
Depreciation & amort.
−86
−9 890
−11 453
EBIT
−154
12 117
−17 258
Net financials
−289
−17 021
−24 477
Profit before tax
−443
−4 904
−41 734
Tax
0
10
10
Net profit
−443
−4 914
−41 744
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
274 084
242 474
674 494
Equity
16 381
11 467
723
Long-term debt
0
0
0
Short-term debt
3 548
12 850
86 874
Total debt
257 703
231 007
673 772
Financial ratios
5-year trend
EBITDA margin
-11.6%
This company
15.8%
Market median
-173% vs market
2022
2024
Equity ratio
0.1%
This company
38.2%
Market median
-100% vs market
2022
2024
Return on equity
-5776.0%
This company
18.4%
Market median
-31491% vs market
2022
2024
Net profit margin
-83.5%
This company
8.1%
Market median
-1131% vs market
2022
2024
Asset turnover
0.07×
This company
1.12×
Market median
-94% vs market
2022
2024
Debt / equity
932.28×
This company
0.62×
Market median
-150268% 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
Current (1)
GH
Gustav Hasund
Contact Person
Contact Person
2023
Former (1)
HS
Henning Sundet
Contact Person
Contact Person
2022 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (4)
DD
Dino David Chouest
Board of Directors
2024
GJ
Gary J Chouest
Board of Directors
2024
MU
Morten Ulstein
Chairman
2022
HU
Håvard Ulstein
Board of Directors
2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Green Island Shipholding As
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
Green Island Shipholding As
GREEN ISLAND CONDOR AS
(this company)
Board network connections
Board members of GREEN ISLAND CONDOR AS also hold positions in
0
other companies.
Person
Role here
Other companies
Gustav Hasund
Contact Person
0 companies
Henning Sundet
Contact Person
0 companies
Dino David Chouest
Board of Directors
0 companies
Gary J Chouest
Board of Directors
0 companies
Morten Ulstein
Chairman
0 companies
Håvard Ulstein
Board of Directors
0 companies