Riskpilot← Back to searchSign inGet full accessFRED. OLSEN OCEAN AS
ASActiveOrg 970897356Fred. Olsens Gate 2, 0152 OsloConstruction of utility projects for electricity and telecommunications · NACE 4222Est. 19944 employees
Revenue 2024
NOK 20,4M
+11% vs 2023
EBITDA margin
4.9%
+71% vs 2023
Equity ratio
59.2%
Financial strength
Net profit 2024
NOK 1,2M
+7% vs 2023
| Revenue | NOK 20,4M | +11% |
| EBITDA | NOK 1M | +71% |
| Net profit | NOK 1,2M | +7% |
| Total assets | NOK 23,6M | +2% |
| Equity | NOK 14M | +3% |
| Employees | 4 | — |
Legal name
FRED. OLSEN OCEAN AS
Org number
970897356
Legal form
Aksjeselskap
NACE code
4222 · Construction of utility projects for electricity and telecommunications
Founded
18. mars 1994
Share capital
—
Employees
4 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap eller styrets leder alene.
Address
Fred. Olsens Gate 2, 0152 Oslo
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| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24 103 | 36 687 | 37 860 | 41 183 | 41 758 | 45 584 | 54 001 | 52 484 | 17 452 | 18 371 | 20 371 |
| Staff expenses | −23 966 | −21 329 | −16 602 | −0 | −18 027 | −19 297 | −22 482 | −18 929 | −9 063 | −8 426 | −8 523 |
| EBITDA | −17 323 | −5 438 | −6 193 | 6 084 | 1 031 | 24 | 5 105 | 8 628 | −586 | 585 | 1 003 |
| Depreciation & amort. | −244 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| EBIT | −17 568 | −5 438 | −6 193 | 6 084 | 1 031 | 24 | 5 105 | 8 628 | −586 | 585 | 1 003 |
| Net financials | 40 | 70 | 86 | 45 | 21 | 62 | 146 | 34 | 286 | 537 | 727 |
| Profit before tax | −17 527 | −5 367 | −6 107 | 6 129 | 1 053 | 86 | 5 251 | 8 662 | −299 | 1 122 | 1 730 |
| Tax | −4 705 | −1 276 | −1 386 | 1 582 | 369 | 30 | 592 | 1 938 | −27 | 49 | 579 |
| Net profit | −12 822 | −4 091 | −4 721 | 4 547 | 684 | 56 | 4 659 | 6 725 | −272 | 1 074 | 1 151 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 21 758 | 19 134 | 19 835 | 20 530 | 22 849 | 24 194 | 31 969 | 34 491 | 24 271 | 23 224 | 23 591 |
| Equity | 649 | 3 516 | 685 | 3 593 | 2 554 | 783 | 2 423 | 1 315 | 12 129 | 13 553 | 13 968 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 373 | 0 | 0 |
| Short-term debt | 7 679 | 5 880 | 8 714 | 6 751 | 9 003 | 6 320 | 10 916 | 13 906 | 4 404 | 3 873 | 4 736 |
| Total debt | 7 679 | 5 880 | 8 714 | 6 751 | 9 003 | 6 320 | 10 916 | 13 906 | 6 777 | 3 873 | 4 736 |
EBITDA margin
4.9%
This company
15.8%
Market median
-69% vs market
20142024
Equity ratio
59.2%
This company
38.2%
Market median
+55% vs market
20142024
Return on equity
8.2%
This company
18.4%
Market median
-55% vs market
20142024
Net profit margin
5.7%
This company
8.1%
Market median
-30% vs market
20142024
Asset turnover
0.86×
This company
1.12×
Market median
+23% vs market
20142024
Debt / equity
0.69×
This company
0.62×
Market median
+11% vs market
20142024
- 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
ED Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2016 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Fred. Olsen Ocean Ltd. | Company | 100.0% | 100.0% | 2024 |
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Fred. Olsen Ocean Ltd.
FRED. OLSEN OCEAN AS Board members of FRED. OLSEN OCEAN AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Even Dahl Larsen | Chief Executive Officer | 0 companies |
| Richard Olav Aa | Chairman | 0 companies |