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BELUGA SUBSEA AS
AS
Active
Org 929303202
Robotvegen 28, 4341 Bryne
Rental and leasing of other machinery, equipment and tangible goods n.e.c. · NACE 7739
Est. 2022
5 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 24,8M
+219% vs 2023
EBITDA margin
40.3%
+296% vs 2023
Equity ratio
59.5%
Financial strength
Net profit 2024
NOK 5,6M
+1117% vs 2023
EBITDA — year on year
NOK millions
13M
9M
6M
3M
0M
0M
2022
3M
+300%
2023
10M
+233%
2024
Key figures
Annual report 2024
Revenue
NOK 24,8M
+219%
EBITDA
NOK 10M
+296%
Net profit
NOK 5,6M
+1117%
Total assets
NOK 20,4M
+25%
Equity
NOK 12,1M
+85%
Employees
5
—
Company information
Legal name
BELUGA SUBSEA AS
Org number
929303202
Legal form
Aksjeselskap
NACE code
7739 · Rental and leasing of other machinery, equipment and tangible goods n.e.c.
Founded
8. juni 2022
Share capital
NOK 588 235
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap. To styremedlemmer i fellesskap.
Company purpose
Utleie av utstyr og personell.
Contact
Address
Robotvegen 28, 4341 Bryne
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Revenue
NOK millions
0M
7M
14M
22M
29M
1M
2022
8M
2023
25M
2024
EBITDA
NOK millions
0M
3M
6M
9M
12M
0M
2022
3M
2023
10M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
1 196
7 782
24 833
Staff expenses
−0
−0
−3 352
EBITDA
307
2 524
10 005
Depreciation & amort.
−362
−1 666
−2 373
EBIT
−56
858
7 631
Net financials
−25
−295
−497
Profit before tax
−81
563
7 135
Tax
−0
107
1 574
Net profit
−81
457
5 561
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
3 663
16 278
20 385
Equity
13
6 568
12 129
Long-term debt
0
5 728
3 481
Short-term debt
3 649
3 982
4 775
Total debt
3 649
9 710
8 256
Financial ratios
5-year trend
EBITDA margin
40.3%
This company
15.8%
Market median
+155% vs market
2022
2024
Equity ratio
59.5%
This company
38.2%
Market median
+56% vs market
2022
2024
Return on equity
45.8%
This company
18.4%
Market median
+149% vs market
2022
2024
Net profit margin
22.4%
This company
8.1%
Market median
+177% vs market
2022
2024
Asset turnover
1.22×
This company
1.12×
Market median
+9% vs market
2022
2024
Debt / equity
0.68×
This company
0.62×
Market median
+10% 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)
BK
Bjørn Kalland
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
TA
Thomas Aunvik
Board of Directors
2022
JH
Jostein Haraldstveit Reinsnos
Board of Directors
2022
ØS
Øystein Stjern
Chairman
2022
Former (1)
KS
Kjetil Storhaug Njærheim
Board of Directors
2022 – 2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ikm Subsea As
Company
49%
49%
2023
Envirex Group As
Company
34%
34%
2023
Reinsnos Holding As
Company
17%
17%
2023
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
Ikm Gruppen As
Ikm Subsea Holding As
Ikm Subsea As
BELUGA SUBSEA AS
(this company)
Board network connections
Board members of BELUGA SUBSEA AS also hold positions in
0
other companies.
Person
Role here
Other companies
Bjørn Kalland
Chief Executive Officer
0 companies
Thomas Aunvik
Board of Directors
0 companies
Jostein Haraldstveit Reinsnos
Board of Directors
0 companies
Kjetil Storhaug Njærheim
Board of Directors
0 companies
Øystein Stjern
Chairman
0 companies