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HIGHSEAS AS
AS
Active
Org 931031791
Wirgenes Vei 1, 3157 Barkåker
Engineering activities and related technical consultancy · NACE 7112
Est. 2023
2 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 8,1M
-48% vs 2024
EBITDA margin
23.0%
+49% vs 2024
Equity ratio
17.4%
Financial strength
Net profit 2025
NOK 1,5M
+998% vs 2024
EBITDA — year on year
NOK millions
0M
1M
1M
2M
3M
2M
2023
1M
-50%
2024
2M
+100%
2025
Key figures
Annual report 2025
Revenue
NOK 8,1M
-48%
EBITDA
NOK 1,9M
+49%
Net profit
NOK 1,5M
+998%
Total assets
NOK 3,1M
-43%
Equity
NOK 546K
-85%
Employees
2
—
Company information
Legal name
HIGHSEAS AS
Org number
931031791
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
15. mars 2023
Share capital
NOK 120 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder eller styrets leder hver for seg.
Company purpose
Utvikle og levere energisystemer for skip.
Contact
Address
Wirgenes Vei 1, 3157 Barkåker
Risika for professionals
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Companies in Engineering activities and related technical consultancy
Companies in Tønsberg
All Norway companies
Revenue
NOK millions
0M
5M
9M
14M
18M
15M
2023
16M
2024
8M
2025
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2023
1M
2024
2M
2025
Income statement
NOK thousands
Item
2023
2024
2025
Revenue
14 793
15 806
8 149
Staff expenses
−754
−1 059
−0
EBITDA
1 867
1 259
1 876
Depreciation & amort.
−0
−0
−0
EBIT
1 867
1 259
1 876
Net financials
3 098
−991
−6
Profit before tax
4 965
268
1 870
Tax
542
135
405
Net profit
4 423
133
1 465
Balance sheet
NOK thousands
Item
2023
2024
2025
Total assets
11 871
5 475
3 129
Equity
3 447
3 581
546
Long-term debt
0
0
0
Short-term debt
8 424
1 894
2 583
Total debt
8 424
1 894
2 583
Financial ratios
5-year trend
EBITDA margin
23.0%
This company
15.8%
Market median
+46% vs market
2023
2025
Equity ratio
17.4%
This company
38.2%
Market median
-54% vs market
2023
2025
Return on equity
268.4%
This company
18.4%
Market median
+1359% vs market
2023
2025
Net profit margin
18.0%
This company
8.1%
Market median
+122% vs market
2023
2025
Asset turnover
2.60×
This company
1.12×
Market median
+132% vs market
2023
2025
Debt / equity
4.73×
This company
0.62×
Market median
-663% vs market
2023
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
PM
Peter Morsbach
Chief Executive Officer
Chief Executive Officer
2025
—
—
FC
Fridtjof Camillo Eitzen
Chief Executive Officer
Chief Executive Officer
2023
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
KB
Kristian Brekke Djuve
Chairman
2023
—
—
AF
Anders Fjerbæk
Board of Directors
2023
—
—
AC
Axel Camillo Eitzen
Chairman
2023
—
—
KH
Kåre Høglund
Board of Directors
2023
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Eitzen As
Company
60.7%
60.7%
2024
Høglund Holding As
Company
25.3%
25.3%
2024
Fjerbaek Holding As
Company
14.0%
14.0%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
Mangor As
Høglund Holding As
HIGHSEAS AS
(this company)
GASSPROSJEKTER 2 AS
Board network connections
Board members of HIGHSEAS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Peter Morsbach
Chief Executive Officer
0 companies
Fridtjof Camillo Eitzen
Chief Executive Officer
0 companies
Kristian Brekke Djuve
Chairman
0 companies
Anders Fjerbæk
Board of Directors
0 companies
Axel Camillo Eitzen
Chairman
0 companies
Kåre Høglund
Board of Directors
0 companies