Riskpilot← Back to searchSign inGet full accessUNION BULK II AS
ASActiveOrg 929934105Dronning Eufemias Gate 8, 0191 OsloSea and coastal freight water transport · NACE 5020Est. 20220 employees
Revenue 2024
NOK 51,4M
+33% vs 2023
EBITDA margin
54.8%
+68% vs 2023
Equity ratio
46.9%
Financial strength
Net profit 2024
NOK 5M
-21% vs 2023
| Revenue | NOK 51,4M | +33% |
| EBITDA | NOK 28,2M | +68% |
| Net profit | NOK 5M | -21% |
| Total assets | NOK 187,6M | -3% |
| Equity | NOK 88M | -6% |
| Employees | 0 | — |
Legal name
UNION BULK II AS
Org number
929934105
Legal form
Aksjeselskap
NACE code
5020 · Sea and coastal freight water transport
Founded
27. september 2022
Share capital
NOK 1 000 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Å drive skipsfart og rederivirksomhet samt hva som hermed står i forbindelse, herunder deltagelse i andre selskaper med tilsvarende formål.
Address
Dronning Eufemias Gate 8, 0191 Oslo
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2023 | 2024 |
|---|---|---|
| Revenue | 38 623 | 51 432 |
| Staff expenses | −0 | −0 |
| EBITDA | 16 740 | 28 162 |
| Depreciation & amort. | −7 198 | −9 451 |
| EBIT | 9 542 | 18 711 |
| Net financials | −3 162 | −13 680 |
| Profit before tax | 6 380 | 5 031 |
| Tax | −0 | −0 |
| Net profit | 6 380 | 5 031 |
| Item | 2023 | 2024 |
|---|---|---|
| Total assets | 192 678 | 187 642 |
| Equity | 93 698 | 88 032 |
| Long-term debt | 98 418 | 97 276 |
| Short-term debt | 562 | 2 334 |
| Total debt | 98 980 | 99 610 |
EBITDA margin
54.8%
This company
15.8%
Market median
+247% vs market
20232024
Equity ratio
46.9%
This company
38.2%
Market median
+23% vs market
20232024
Return on equity
5.7%
This company
18.4%
Market median
-69% vs market
20232024
Net profit margin
9.8%
This company
8.1%
Market median
+21% vs market
20232024
Asset turnover
0.27×
This company
1.12×
Market median
-76% vs market
20232024
Debt / equity
1.13×
This company
0.62×
Market median
-82% vs market
20232024
No data on file.
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Board of Directors | 2023 | |
| Board of Directors | 2023 | |
| Chairman | 2023 | |
| Former (2) | ||
| Board of Directors | 2022 – 2022 | |
| Chairman | 2022 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2022 | |
Union Commercial Inc | Company | 25% | 25% | 2024 |
| Company | 25% | 25% | 2024 | |
Feen Marine Inc. | Company | 20% | 20% | 2024 |
| Individual | 3.8% | 3.8% | 2024 | |
| Company | 2.85% | 2.85% | 2024 | |
| Company | 2.85% | 2.85% | 2024 | |
| Company | 2.85% | 2.85% | 2024 | |
| Company | 1.43% | 1.43% | 2024 | |
| Company | 1.43% | 1.43% | 2024 | |
| Company | 1.43% | 1.43% | 2024 | |
| Company | 1.43% | 1.43% | 2024 | |
| Individual | 1.43% | 1.43% | 2024 | |
| Company | 1.43% | 1.43% | 2024 | |
| Company | 1.43% | 1.43% | 2024 | |
| Company | 1.43% | 1.43% | 2024 | |
| Company | 1.43% | 1.43% | 2024 | |
| Company | 1.43% | 1.43% | 2024 | |
| Individual | 1.43% | 1.43% | 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 UNION BULK II AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Fredrik Honningsvåg | Board of Directors | 0 companies |
| Bjørnar Feen | Board of Directors | 0 companies |
| Geir Belsnes | Board of Directors | 0 companies |
| Michail Skoufalos | Chairman | 0 companies |
| Axel Kogstad Bendvold | Chairman | 0 companies |