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MODUSPEC LTD
NUF
Active
Org 974482061
Discovery Drive, Westhill Ab32 6fg
Support activities for petroleum and natural gas extraction · NACE 0910
Est. 1996
13 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 15,5M
+133% vs 2015
EBITDA margin
41.5%
+275% vs 2015
Equity ratio
77.1%
Financial strength
Net profit 2023
NOK 6M
+381% vs 2015
EBITDA — year on year
NOK millions
8M
6M
4M
2M
0M
1M
2014
2M
+100%
2015
6M
+200%
2023
Key figures
Annual report 2023
Revenue
NOK 15,5M
+133%
EBITDA
NOK 6,4M
+275%
Net profit
NOK 6M
+381%
Total assets
NOK 8M
+1451%
Equity
NOK 6,2M
—
Employees
13
—
Company information
Legal name
MODUSPEC LTD
Org number
974482061
Legal form
Norskregistrert Utenlandsk Foretak
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
13. november 1996
Share capital
—
Employees
13 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Contact
Address
Discovery Drive, Westhill Ab32 6fg
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Companies in Support activities for petroleum and natural gas extraction
Companies in Westhill Ab32 6fg
All Norway companies
Revenue
NOK millions
0M
4M
9M
13M
17M
4M
2014
7M
2015
15M
2023
EBITDA
NOK millions
0M
2M
3M
5M
7M
1M
2014
2M
2015
6M
2023
Income statement
NOK thousands
Item
2014
2015
2023
Revenue
3 675
6 650
15 497
Staff expenses
−343
−0
−5 659
EBITDA
1 126
1 718
6 437
Depreciation & amort.
−0
−0
−0
EBIT
1 126
1 718
6 437
Net financials
0
0
0
Profit before tax
1 126
1 718
6 437
Tax
304
464
404
Net profit
822
1 254
6 033
Balance sheet
NOK thousands
Item
2014
2015
2023
Total assets
740
518
8 032
Equity
0
0
6 196
Long-term debt
0
0
0
Short-term debt
740
518
1 836
Total debt
740
518
1 836
Financial ratios
5-year trend
EBITDA margin
41.5%
This company
15.8%
Market median
+163% vs market
2014
2023
Equity ratio
77.1%
This company
38.2%
Market median
+102% vs market
2014
2023
Return on equity
97.4%
This company
18.4%
Market median
+429% vs market
2014
2023
Net profit margin
38.9%
This company
8.1%
Market median
+380% vs market
2014
2023
Asset turnover
1.93×
This company
1.12×
Market median
+72% vs market
2014
2023
Debt / equity
0.30×
This company
0.62×
Market median
+52% vs market
2014
2023
Annual reports & filings
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2015
Filed via Brønnøysundsregistrene · Period 2014-07-01 – 2015-06-30
View
PDF
Annual report 2014
Filed via Brønnøysundsregistrene · Period 2013-07-01 – 2014-06-30
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
TS
Torbjørn Sven Stokke
Contact Person
Contact Person
2023
Former (1)
SW
Susan Wendy Nicolson
Contact Person
Contact Person
2017 – 2023
Board of directors
Non-executive oversight
No data on file.
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
No registered parent or subsidiaries
Board network connections
Board members of MODUSPEC LTD also hold positions in
0
other companies.
Person
Role here
Other companies
Torbjørn Sven Stokke
Contact Person
0 companies
Susan Wendy Nicolson
Contact Person
0 companies