Riskpilot← Back to searchSign inGet full accessSUBSEA 7 NORWAY AS
ASActiveOrg 936742475Kanalsletta 9, 4033 StavangerSupport activities for petroleum and natural gas extraction · NACE 0910Est. 1985736 employees
Revenue 2024
NOK 11,6B
+9% vs 2023
EBITDA margin
10.0%
-23% vs 2023
Equity ratio
45.5%
Financial strength
Net profit 2024
NOK 1,1B
-34% vs 2023
| Revenue | NOK 11,6B | +9% |
| EBITDA | NOK 1,2B | -23% |
| Net profit | NOK 1,1B | -34% |
| Total assets | NOK 6,9B | +19% |
| Equity | NOK 3,1B | +32% |
| Employees | 736 | — |
Legal name
SUBSEA 7 NORWAY AS
Org number
936742475
Legal form
Aksjeselskap
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
6. februar 1985
Share capital
NOK 120 800
Employees
736 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap. Styrets nestleder og ett styremedlem i fellesskap eller daglig leder og ett styremedlem i felleskap.
Company purpose
Utførelse av undervannskonstruksjons- og vedlikeholdsarbeider, geotekniske og geofysiske undersøkelser, fjerning av utrangerte undervannsinstallasjoner og/eller offshoreinstallasjoner inklusiv tilhørende avfallstransport og avfallsmegling og andre typer arbeider for offshoreindustrien så vel på den norske kontinentalsokkel som internasjonalt. Selskapets formål er videre å eie og drive skip, drive skipsmeglingsvirksomhet, assuransevirksomhet, investeringer i fast eiendom, samt deltagelse i andre selskaper av enhver art enten ved aksjekjøp eller på annen måte, samt å avgi garantier og annen sikkerhetsstillelse i forbindelse med selskapets virksomhet, herunder avgi garantier og stille sikkerhet for selskaper innenfor samme konsern som selskapet tilhører.
Address
Kanalsletta 9, 4033 Stavanger
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 4 706 341 | 4 706 339 | 8 739 383 | 10 659 831 | 11 625 792 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 |
| EBITDA | −32 916 | −201 129 | 644 684 | 1 511 125 | 1 158 115 |
| Depreciation & amort. | −46 030 | −49 192 | −48 955 | −57 737 | −58 794 |
| EBIT | −78 946 | −250 321 | 595 729 | 1 453 388 | 1 099 321 |
| Net financials | −74 282 | −7 170 | −26 364 | 604 945 | 252 431 |
| Profit before tax | −153 228 | −257 490 | 569 365 | 2 058 333 | 1 351 752 |
| Tax | −31 509 | −0 | −0 | −0 | −0 |
| Net profit | −121 719 | −192 414 | 477 032 | 1 604 134 | 1 052 855 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 1 930 656 | 3 287 193 | 3 685 738 | 5 748 479 | 6 856 052 |
| Equity | 264 685 | 71 349 | 1 203 980 | 2 358 899 | 3 117 116 |
| Long-term debt | 543 771 | 448 274 | 292 052 | 647 801 | 700 628 |
| Short-term debt | 1 103 818 | 2 745 403 | 2 172 417 | 2 741 779 | 3 038 308 |
| Total debt | 1 647 589 | 3 193 678 | 2 464 469 | 3 389 579 | 3 738 936 |
EBITDA margin
10.0%
This company
15.8%
Market median
-37% vs market
20202024
Equity ratio
45.5%
This company
38.2%
Market median
+19% vs market
20202024
Return on equity
33.8%
This company
18.4%
Market median
+84% vs market
20202024
Net profit margin
9.1%
This company
8.1%
Market median
+12% vs market
20202024
Asset turnover
1.70×
This company
1.12×
Market median
+52% vs market
20202024
Debt / equity
1.20×
This company
0.62×
Market median
-94% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
EF Chief Executive Officer | Chief Executive Officer | 2025 |
HH Deputy Member | Deputy Member | 2024 |
MH Deputy Member | Deputy Member | 2024 |
TM Deputy Member | Deputy Member | 2024 |
CM Deputy Member | Deputy Member | 2024 |
DA Deputy Member | Deputy Member | 2024 |
| Former (8) | ||
EV Deputy Member | Deputy Member | 2021 – 2022 |
OF Deputy Member | Deputy Member | 2022 – 2024 |
MS Deputy Member | Deputy Member | 2022 – 2024 |
AK Deputy Member | Deputy Member | 2021 – 2022 |
LJ Deputy Member | Deputy Member | 2022 – 2024 |
JB Deputy Member | Deputy Member | 2021 – 2022 |
BS Deputy Member | Deputy Member | 2021 – 2022 |
AV Deputy Member | Deputy Member | 2022 – 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (7) | ||
| Board of Directors | 2024 | |
| Chairman | 2025 | |
| Board of Directors | 2024 | |
| Deputy Chairman | 2024 | |
| Board of Directors | 2022 | |
| Board of Directors | 2022 | |
| Board of Directors | 2022 | |
| Former (5) | ||
| Board of Directors | 2021 – 2022 | |
| Deputy Chairman | 2022 – 2024 | |
| Board of Directors | 2022 – 2024 | |
| Chairman | 2022 – 2025 | |
| Chairman | 2020 – 2021 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
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Subsea 7 Holding Norway As
SUBSEA 7 NORWAY AS Board members of SUBSEA 7 NORWAY AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Eirik Valheim | Deputy Member | 0 companies |
| Oddmund Flatnes | Deputy Member | 0 companies |
| Martin Storli Værnes | Deputy Member | 0 companies |
| Ann Kjersti Stensland | Deputy Member | 0 companies |
| Erik Femsteinevik | Chief Executive Officer | 0 companies |
| Hallvard Hope | Deputy Member | 0 companies |
| Maria Hapnes Von Schack | Deputy Member | 0 companies |
| Tor Magnus Konradsen Aarskog | Deputy Member | 0 companies |
| Camilla Marvik | Deputy Member | 0 companies |
| Dag Atle Ask | Deputy Member | 0 companies |
| Lars Jostein Wiedekamm | Deputy Member | 0 companies |
| Johnny Berent Hagen | Deputy Member | 0 companies |
| Bjørn Serck-Hanssen | Deputy Member | 0 companies |
| Anders Veungen Berg | Deputy Member | 0 companies |
| Sarah Jane Søvik | Board of Directors | 0 companies |
| Monica Theresia Bjørkmann | Chairman | 0 companies |
| Mohamed Mehdi Ben Taieb | Board of Directors | 0 companies |
| Anne Vistnes Tønnessen | Deputy Chairman | 0 companies |
| Stian Sletten | Board of Directors | 0 companies |
| Sven Rasmussen | Board of Directors | 0 companies |
| Colin Strachan | Deputy Chairman | 0 companies |
| Martin Fossum | Board of Directors | 0 companies |
| Jon Sunde Haugland | Board of Directors | 0 companies |
| Phillip Simons | Chairman | 0 companies |
| Stuart Peter Fitzgerald | Chairman | 0 companies |
| Siw Victoria Stordahl | Board of Directors | 0 companies |