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SUB AQUA TECHNOLOGY SAT AS
AS
Active
Org 937469217
Forskjønnelsen 8, 5022 Bergen
Support activities for petroleum and natural gas extraction · NACE 0910
Est. 1985
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 188K
-84% vs 2023
EBITDA margin
-554.5%
-2085% vs 2023
Equity ratio
91.6%
Financial strength
Net profit 2024
NOK -796K
-656% vs 2023
EBITDA — year on year
NOK millions
4M
3M
1M
0M
-1M
3M
2020
1M
-67%
2021
1M
0%
2022
0M
-100%
2023
-1M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 188K
-84%
EBITDA
NOK -1M
-2085%
Net profit
NOK -796K
-656%
Total assets
NOK 6,7M
-7%
Equity
NOK 6,1M
-11%
Employees
1
—
Company information
Legal name
SUB AQUA TECHNOLOGY SAT AS
Org number
937469217
Legal form
Aksjeselskap
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
21. oktober 1985
Share capital
—
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Forskjønnelsen 8, 5022 Bergen
Email
post@subaquatech.no
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Companies in Support activities for petroleum and natural gas extraction
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
4M
2020
3M
2021
3M
2022
1M
2023
0M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
3M
2020
1M
2021
1M
2022
0M
2023
-1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 125
2 532
2 869
1 144
188
Staff expenses
−845
−727
−852
−314
−279
EBITDA
2 612
1 250
1 294
52
−1 040
Depreciation & amort.
−169
−133
−45
−20
−55
EBIT
2 442
1 117
1 250
33
−1 096
Net financials
−128
47
−3
246
299
Profit before tax
2 314
1 164
1 247
279
−796
Tax
509
271
−119
135
−0
Net profit
1 805
893
1 366
143
−796
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
8 343
8 664
7 419
7 213
6 709
Equity
7 319
6 441
6 963
6 940
6 143
Long-term debt
634
494
0
0
224
Short-term debt
389
1 729
455
273
342
Total debt
1 023
2 223
455
273
566
Financial ratios
5-year trend
EBITDA margin
-554.5%
This company
15.8%
Market median
-3609% vs market
2020
2024
Equity ratio
91.6%
This company
38.2%
Market median
+140% vs market
2020
2024
Return on equity
-13.0%
This company
18.4%
Market median
-171% vs market
2020
2024
Net profit margin
-424.4%
This company
8.1%
Market median
-5340% vs market
2020
2024
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
2020
2024
Debt / equity
0.09×
This company
0.62×
Market median
+85% vs market
2020
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
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
ÅO
Ådne Olaf Hestenes
Deputy Member
Deputy Member
2000
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JG
John Geir Hestenes
Chairman
2000
Shareholders
As of last annual report
No shareholder data available.
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
SUB AQUA TECHNOLOGY SAT AS
(this company)
DEEPWATER TECHNOLOGY AND PRODUCTS
Board network connections
Board members of SUB AQUA TECHNOLOGY SAT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ådne Olaf Hestenes
Deputy Member
0 companies
John Geir Hestenes
Chairman
0 companies