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PARAGON OFFSHORE AS
AS
Active
Org 984007388
Tankbåtvegen 2, 4056 Tananger
Sea and coastal freight water transport · NACE 5020
Est. 2001
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2020
NOK 216K
-83% vs 2019
EBITDA margin
27.9%
-95% vs 2019
Equity ratio
-840542.5%
Financial strength
Net profit 2020
NOK -37,4M
-484% vs 2019
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2016
0M
0%
2017
0M
0%
2018
1M
+100%
2019
0M
-100%
2020
Key figures
Annual report 2020
Revenue
NOK 216K
-83%
EBITDA
NOK 60K
-95%
Net profit
NOK -37,4M
-484%
Total assets
NOK 93K
-79%
Equity
NOK -778,9M
-5%
Employees
0
—
Company information
Legal name
PARAGON OFFSHORE AS
Org number
984007388
Legal form
Aksjeselskap
NACE code
5020 · Sea and coastal freight water transport
Founded
10. desember 2001
Share capital
NOK 200 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Å eie skip i fart, aksjer og andeler i skipeiende selskaper, finansaktiva og annet som står i forbindelse hermed.
Contact
Address
Tankbåtvegen 2, 4056 Tananger
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Explore
Companies in Sea and coastal freight water transport
Companies in Sola
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2016
0M
2017
0M
2018
1M
2019
0M
2020
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2016
0M
2017
0M
2018
1M
2019
0M
2020
Income statement
NOK thousands
Item
2016
2017
2018
2019
2020
Revenue
0
0
0
1 276
216
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−67
32
−64
1 109
60
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−67
32
−64
1 109
60
Net financials
17 476
35 669
−41 114
−7 513
−37 440
Profit before tax
17 409
35 701
−41 178
−6 404
−37 380
Tax
−0
−0
−0
−0
−0
Net profit
17 409
35 701
−41 178
−6 404
−37 380
Balance sheet
NOK thousands
Item
2016
2017
2018
2019
2020
Total assets
7
5
0
433
93
Equity
−729 662
−693 961
−735 139
−741 542
−778 922
Long-term debt
0
0
0
741 594
778 938
Short-term debt
729 669
693 966
735 139
382
77
Total debt
729 669
693 966
735 139
741 975
779 015
Financial ratios
5-year trend
EBITDA margin
27.9%
This company
15.8%
Market median
+77% vs market
2016
2020
Equity ratio
-840542.5%
This company
38.2%
Market median
-2200473% vs market
2016
2020
Return on equity
-3738007700.0%
This company
18.4%
Market median
-20315259339% vs market
2016
2020
Net profit margin
-17345.7%
This company
8.1%
Market median
-214244% vs market
2016
2020
Asset turnover
2.33×
This company
1.12×
Market median
+108% vs market
2016
2020
Debt / equity
1.00×
This company
0.62×
Market median
-61% vs market
2016
2020
Annual reports & filings
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
RI
Ryan Ibanez Hjørnevik
Chairman
2018
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
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of PARAGON OFFSHORE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ryan Ibanez Hjørnevik
Chairman
0 companies