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CORE SUBSEA AS
AS
Active
Org 985051011
Fürstveien 40, 1367 Snarøya
Wholesale of information and communication equipment · NACE 4650
Est. 2002
0 employees
www.coresubsea.com
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Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 1,4M
-47% vs 2022
EBITDA margin
76.3%
-46% vs 2022
Equity ratio
93.5%
Financial strength
Net profit 2023
NOK 784K
-47% vs 2022
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
0M
2019
0M
0%
2020
1M
+100%
2021
2M
+100%
2022
1M
-50%
2023
Key figures
Annual report 2023
Revenue
NOK 1,4M
-47%
EBITDA
NOK 1M
-46%
Net profit
NOK 784K
-47%
Total assets
NOK 3,5M
+13%
Equity
NOK 3,2M
+32%
Employees
0
—
Company information
Legal name
CORE SUBSEA AS
Org number
985051011
Legal form
Aksjeselskap
NACE code
4650 · Wholesale of information and communication equipment
Founded
14. november 2002
Share capital
NOK 100 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Henrik vedeld
Company purpose
Kjøp og salg av varer og tjenester innen elektronisk databehandling, deltakelse i andre selskaper, samt kjøp, salg og utleie av fast eiendom.
Contact
Address
Fürstveien 40, 1367 Snarøya
Website
www.coresubsea.com
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Companies in Wholesale of information and communication equipment
Companies in Bærum
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
2M
2019
1M
2020
2M
2021
3M
2022
1M
2023
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2019
0M
2020
1M
2021
2M
2022
1M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
2 187
1 050
1 692
2 565
1 361
Staff expenses
−1 383
−669
−129
−170
−48
EBITDA
264
−149
1 161
1 914
1 039
Depreciation & amort.
−201
−180
−21
−17
−14
EBIT
63
−330
1 140
1 897
1 025
Net financials
−0
75
−43
−1
4
Profit before tax
63
−255
1 097
1 895
1 029
Tax
14
−56
241
417
245
Net profit
49
−199
856
1 478
784
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
4 311
3 587
3 521
3 049
3 452
Equity
307
108
964
2 442
3 226
Long-term debt
3 531
2 977
2 520
588
0
Short-term debt
474
502
38
19
226
Total debt
4 005
3 479
2 558
607
226
Financial ratios
5-year trend
EBITDA margin
76.3%
This company
15.8%
Market median
+383% vs market
2019
2023
Equity ratio
93.5%
This company
38.2%
Market median
+145% vs market
2019
2023
Return on equity
24.3%
This company
18.4%
Market median
+32% vs market
2019
2023
Net profit margin
57.6%
This company
8.1%
Market median
+611% vs market
2019
2023
Asset turnover
0.39×
This company
1.12×
Market median
-65% vs market
2019
2023
Debt / equity
0.07×
This company
0.62×
Market median
+89% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
OR
Odd Reksten Vedeld
Deputy Member
Deputy Member
2010
HV
Henrik Vedeld
Chief Executive Officer
Chief Executive Officer
2010
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
CORE SUBSEA AS
(this company)
Vedeld As
VEDELD TECHNOLOGY
Board network connections
Board members of CORE SUBSEA AS also hold positions in
0
other companies.
Person
Role here
Other companies
Odd Reksten Vedeld
Deputy Member
0 companies
Henrik Vedeld
Chief Executive Officer
0 companies