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ENERGY PASSION AS
AS
Active
Org 931481002
St Olavs Plass 1, 6002 Ålesund
Sea and coastal freight water transport · NACE 5020
Est. 2023
0 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 80,4M
+641% vs 2023
EBITDA margin
55.0%
+1394% vs 2023
Equity ratio
-3.6%
Financial strength
Net profit 2024
NOK -14M
-384% vs 2023
EBITDA — year on year
NOK millions
55M
41M
28M
14M
0M
3M
2023
44M
+1367%
2024
Key figures
Annual report 2024
Revenue
NOK 80,4M
+641%
EBITDA
NOK 44,2M
+1394%
Net profit
NOK -14M
-384%
Total assets
NOK 250,3M
+0%
Equity
NOK -9M
-283%
Employees
0
—
Company information
Legal name
ENERGY PASSION AS
Org number
931481002
Legal form
Aksjeselskap
NACE code
5020 · Sea and coastal freight water transport
Founded
1. juni 2023
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Rederivirksomhet med dertil tilhørende virksomhet.
Contact
Address
St Olavs Plass 1, 6002 Ålesund
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Revenue
NOK millions
0M
23M
46M
69M
92M
11M
2023
80M
2024
EBITDA
NOK millions
0M
13M
25M
38M
51M
3M
2023
44M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
10 841
80 379
Staff expenses
−0
−0
EBITDA
2 960
44 222
Depreciation & amort.
−1 891
−11 645
EBIT
1 069
32 578
Net financials
3 860
−46 579
Profit before tax
4 928
−14 001
Tax
−0
−0
Net profit
4 928
−14 001
Balance sheet
NOK thousands
Item
2023
2024
Total assets
251 030
250 313
Equity
4 953
−9 048
Long-term debt
140 637
140 110
Short-term debt
105 440
119 252
Total debt
246 077
259 361
Financial ratios
5-year trend
EBITDA margin
55.0%
This company
15.8%
Market median
+248% vs market
2023
2024
Equity ratio
-3.6%
This company
38.2%
Market median
-109% vs market
2023
2024
Return on equity
-1400119200.0%
This company
18.4%
Market median
-7609343578% vs market
2023
2024
Net profit margin
-17.4%
This company
8.1%
Market median
-315% vs market
2023
2024
Asset turnover
0.32×
This company
1.12×
Market median
-71% vs market
2023
2024
Debt / equity
28.66×
This company
0.62×
Market median
-4523% vs market
2023
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 2023-05-01 – 2023-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
PI
Per Ivar Fagervoll
Chairman
2023
Former (1)
KB
Kristian Brekke Djuve
Chairman
2023 – 2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Geos Midco 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
Golden Energy Offshore Services Asa
Geos Midco As
ENERGY PASSION AS
(this company)
Board network connections
Board members of ENERGY PASSION AS also hold positions in
0
other companies.
Person
Role here
Other companies
Per Ivar Fagervoll
Chairman
0 companies
Kristian Brekke Djuve
Chairman
0 companies