Skip to content
Riskpilot
← Back to search
Sign in
Sign in
Get full access
Vestnes Ocean AS
AS
Active
Org 979523483
Leirvåggata 25, 6900
Florø
Building of civilian ships and floating structures
·
NACE 3011
Est. 1997 · 28 years old
87 employees
Monitor
Share
Norway
/
Companies
/
Building of civilian ships and floating structures
/
Vestnes Ocean AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
149M
112M
75M
37M
0M
2020: 117M
117M
2020
2021: 120M (+3% vs 2020)
120M
+3%
2021
2022: 76M (-37% vs 2021)
76M
-37%
2022
2023: 84M (+11% vs 2022)
84M
+11%
2023
2024: 90M (+7% vs 2023)
90M
+7%
2024
EBITDA
NOK millions
11M
6M
1M
-4M
-9M
2020: 7M
7M
2020
2021: 3M (-57% vs 2020)
3M
-57%
2021
2022: 3M (0% vs 2021)
3M
0%
2022
2023: -3M (-200% vs 2022)
-3M
-200%
2023
2024: -5M (-67% vs 2023)
-5M
-67%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
90 428
83 825
76 400
119 978
117 345
Staff expenses
−37 266
−34 946
−28 694
−32 389
−22 397
EBITDA
−5 227
−3 113
3 366
2 799
7 392
Depreciation & amort.
−147
−176
−193
−173
−119
EBIT
−5 374
−3 289
3 174
2 626
7 272
Net financials
1 181
7 730
−2 140
5 778
1 942
Profit before tax
−4 193
4 441
1 034
8 405
9 214
Tax
−908
535
273
667
91
Net profit
−3 285
3 906
762
7 738
9 123
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
75 920
46 240
29 437
36 795
40 277
Equity
9 094
11 813
9 125
13 594
9 192
Long-term debt
1 389
2 134
1 379
917
91
Short-term debt
65 437
32 293
18 933
22 284
30 994
Total debt
66 826
34 427
20 311
23 201
31 085
Financial ratios
5-year trend
EBITDA margin
−5,8 %
This company
15,8 %
Market median
This company
Market median
137% below market
2020
2024
Equity ratio
12,0 %
This company
38,2 %
Market median
This company
Market median
69% below market
2020
2024
Return on equity
−36,1 %
This company
18,4 %
Market median
This company
Market median
296% below market
2020
2024
Net profit margin
−3,6 %
This company
8,1 %
Market median
This company
Market median
144% below market
2020
2024
Asset turnover
1,19×
This company
1,12×
Market median
This company
Market median
6% above market
2020
2024
Debt / equity
7,35×
This company
0,62×
Market median
This company
Market median
>999% above 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
More on Vestnes 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
