Riskpilot← Back to searchSign inGet full accessSUB SEA SERVICES AS
ASActiveOrg 982734150Finnestadsvingen 24, 4029 StavangerSupport activities for petroleum and natural gas extraction · NACE 0910Est. 200068 employees
Revenue 2024
NOK 326,2M
+1% vs 2023
EBITDA margin
20.5%
+9% vs 2023
Equity ratio
28.4%
Financial strength
Net profit 2024
NOK 44,7M
+1% vs 2023
| Revenue | NOK 326,2M | +1% |
| EBITDA | NOK 66,8M | +9% |
| Net profit | NOK 44,7M | +1% |
| Total assets | NOK 225,7M | -13% |
| Equity | NOK 64,1M | -19% |
| Employees | 68 | — |
Legal name
SUB SEA SERVICES AS
Org number
982734150
Legal form
Aksjeselskap
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
29. desember 2000
Share capital
NOK 600 000
Employees
68 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Offshore service og hva dermed måtte ha forbindelse, handelsvirksomhet, ervervelse av faste eiendommer, agenturvirksomhet samt deltagelse i andre selskaper.
Address
Finnestadsvingen 24, 4029 Stavanger
Phone
+4745501212
Email
salesinquiry@subseaservices.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 114 366 | 132 693 | 133 483 | 170 703 | 235 293 | 281 262 | 323 544 | 250 815 | 163 272 | 126 228 | 129 425 | 143 799 | 129 776 | 138 835 | 183 062 | 323 038 | 326 190 |
| Staff expenses | −31 048 | −30 920 | −34 328 | −53 088 | −79 003 | −102 770 | −104 206 | −83 487 | −57 962 | −46 199 | −47 702 | −47 832 | −44 632 | −40 921 | −46 364 | −57 588 | −69 049 |
| EBITDA | 13 992 | 11 997 | 15 107 | 17 215 | 20 233 | 37 084 | 42 305 | 27 616 | 17 672 | 8 026 | −2 270 | 17 071 | 10 101 | 13 737 | 26 994 | 61 560 | 66 824 |
| Depreciation & amort. | −13 | −31 | −56 | −238 | −505 | −1 098 | −1 378 | −2 030 | −1 154 | −942 | −1 679 | −1 334 | −1 481 | −1 614 | −1 633 | −1 943 | −2 346 |
| EBIT | 13 979 | 11 966 | 15 051 | 16 978 | 19 728 | 35 986 | 40 927 | 25 586 | 16 518 | 7 084 | −3 949 | 15 736 | 8 620 | 12 123 | 25 361 | 59 617 | 64 479 |
| Net financials | 653 | 465 | −247 | 203 | −927 | −505 | −283 | 900 | −221 | 5 108 | 1 159 | 1 989 | 3 612 | 473 | −1 312 | −1 726 | −1 766 |
| Profit before tax | 14 632 | 12 431 | 14 804 | 17 180 | 18 800 | 35 481 | 40 644 | 26 487 | 16 296 | 12 192 | −2 790 | 17 725 | 12 232 | 12 597 | 24 049 | 57 891 | 62 712 |
| Tax | 4 268 | 3 488 | 4 165 | 4 819 | 5 152 | 9 973 | 11 044 | 7 128 | 3 987 | 1 706 | −577 | 3 909 | 2 658 | 2 778 | 6 192 | 13 504 | 17 987 |
| Net profit | 10 364 | 8 943 | 10 640 | 12 361 | 13 648 | 25 507 | 29 600 | 19 359 | 12 309 | 10 486 | −2 213 | 13 816 | 9 574 | 9 819 | 17 857 | 44 387 | 44 726 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 51 222 | 51 727 | 53 303 | 66 680 | 102 033 | 96 050 | 103 507 | 93 548 | 91 415 | 117 142 | 154 499 | 133 175 | 126 525 | 129 318 | 152 685 | 259 293 | 225 748 |
| Equity | 5 248 | 5 568 | 6 272 | 11 246 | 18 894 | 27 891 | 37 491 | 46 850 | 59 159 | 70 802 | 68 589 | 69 279 | 67 221 | 66 096 | 64 937 | 79 404 | 64 130 |
| Long-term debt | 0 | 0 | 0 | 0 | 17 250 | 0 | 0 | 0 | 0 | 0 | 18 000 | 16 052 | 2 798 | 617 | 361 | 1 329 | 14 385 |
| Short-term debt | 45 974 | 46 159 | 47 025 | 36 934 | 65 889 | 68 159 | 66 016 | 46 698 | 32 255 | 46 341 | 67 910 | 47 844 | 56 506 | 62 605 | 87 386 | 178 560 | 147 234 |
| Total debt | 45 975 | 46 159 | 47 031 | 55 434 | 83 139 | 68 159 | 66 016 | 46 698 | 32 255 | 46 341 | 85 910 | 63 896 | 59 304 | 63 222 | 87 747 | 179 889 | 161 619 |
EBITDA margin
20.5%
This company
15.8%
Market median
+30% vs market
20082024
Equity ratio
28.4%
This company
38.2%
Market median
-26% vs market
20082024
Return on equity
69.7%
This company
18.4%
Market median
+279% vs market
20082024
Net profit margin
13.7%
This company
8.1%
Market median
+69% vs market
20082024
Asset turnover
1.44×
This company
1.12×
Market median
+29% vs market
20082024
Debt / equity
2.52×
This company
0.62×
Market median
-306% vs market
20082024
- 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
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
BA Chief Executive Officer | Chief Executive Officer | 2012 | — | — |
JK Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2021 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2015 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 100.0% | 100.0% | 2022 | |
Sub Sea Services Group As | Company | 100.0% | 100.0% | 2024 |
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Sub Sea Services Group As
SUB SEA SERVICES AS Board members of SUB SEA SERVICES AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bernt Arne Breistein | Chief Executive Officer | 0 companies |
| Jostein Kvamme | Chief Executive Officer | 0 companies |
| Even Skov Bakkemyr | Board of Directors | 0 companies |
| Nils Arne Sølvik | Chairman | 0 companies |
| Kamilla Dreiem Kvamme | Board of Directors | 0 companies |
| Jan Arild Wathne | Chairman | 0 companies |
| Atle Kvamme | Board of Directors | 0 companies |