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Fred. Olsen Ocean AS
AS
Active
Org 970897356
Fred. Olsens Gate 2, 0152
Oslo
Construction of utility projects for electricity and telecommunications
·
NACE 4222
Est. 1994 · 32 years old
4 employees
Monitor
Share
Norway
/
Companies
/
Construction of utility projects for electricity and telecommunications
/
Fred. Olsen Ocean AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
65M
49M
32M
16M
0M
2021: 52M
52M
2021
2022: 17M (-67% vs 2021)
17M
-67%
2022
2023: 18M (+6% vs 2022)
18M
+6%
2023
2024: 20M (+11% vs 2023)
20M
+11%
2024
2025: 22M (+10% vs 2024)
22M
+10%
2025
EBITDA
NOK millions
12M
8M
4M
0M
-4M
2021: 9M
9M
2021
2022: -1M (-111% vs 2021)
-1M
-111%
2022
2023: 1M (+200% vs 2022)
1M
+200%
2023
2024: 1M (0% vs 2023)
1M
0%
2024
2025: 6M (+500% vs 2024)
6M
+500%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
21 965
20 371
18 371
17 452
52 484
Staff expenses
−9 115
−8 523
−8 426
−9 063
−18 929
EBITDA
6 213
1 003
585
−586
8 628
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
6 213
1 003
585
−586
8 628
Net financials
825
727
537
286
34
Profit before tax
7 038
1 730
1 122
−299
8 662
Tax
1 202
579
49
−27
1 938
Net profit
5 836
1 151
1 074
−272
6 725
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
27 283
23 591
23 224
24 271
34 491
Equity
16 867
13 968
13 553
12 129
1 315
Long-term debt
0
0
0
2 373
0
Short-term debt
7 233
4 736
3 873
4 404
13 906
Total debt
7 233
4 736
3 873
6 777
13 906
Financial ratios
5-year trend
EBITDA margin
28,3 %
This company
15,8 %
Market median
This company
Market median
79% above market
2021
2025
Equity ratio
61,8 %
This company
38,2 %
Market median
This company
Market median
62% above market
2021
2025
Return on equity
34,6 %
This company
18,4 %
Market median
This company
Market median
88% above market
2021
2025
Net profit margin
26,6 %
This company
8,1 %
Market median
This company
Market median
228% above market
2021
2025
Asset turnover
0,81×
This company
1,12×
Market median
This company
Market median
28% below market
2021
2025
Debt / equity
0,62×
This company
0,62×
Market median
This company
Market median
0% above market
2021
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
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
More on Fred. Olsen Ocean AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
