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BALESTRAND MARINE AS
AS
Active
Org 985698724
Agnavikhaugen 8, 5724 Stanghelle
Sea and coastal freight water transport · NACE 5020
Est. 2003
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,3M
-53% vs 2023
EBITDA margin
-11.8%
-111% vs 2023
Equity ratio
80.9%
Financial strength
Net profit 2024
NOK -255K
-124% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
1M
+100%
2021
1M
0%
2022
1M
0%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 1,3M
-53%
EBITDA
NOK -154K
-111%
Net profit
NOK -255K
-124%
Total assets
NOK 11,4M
-7%
Equity
NOK 9,2M
-9%
Employees
1
—
Company information
Legal name
BALESTRAND MARINE AS
Org number
985698724
Legal form
Aksjeselskap
NACE code
5020 · Sea and coastal freight water transport
Founded
19. mai 2003
Share capital
NOK 181 500
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Investering i verdipapirer og fast eiendom, konsulenttjenester, rederivirksomhet og dermed beslektet virksomhet.
Contact
Address
Agnavikhaugen 8, 5724 Stanghelle
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Companies in Sea and coastal freight water transport
Companies in Vaksdal
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
2M
2020
2M
2021
2M
2022
3M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
1M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 871
2 297
2 145
2 770
1 312
Staff expenses
−757
−603
−540
−539
−461
EBITDA
234
838
606
1 404
−154
Depreciation & amort.
−64
−111
−157
−164
−178
EBIT
170
727
449
1 240
−333
Net financials
434
348
−283
114
110
Profit before tax
604
1 075
166
1 354
−223
Tax
66
183
131
310
32
Net profit
538
892
35
1 044
−255
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
10 114
11 739
10 789
12 253
11 420
Equity
9 010
9 902
9 560
10 104
9 235
Long-term debt
25
572
13
0
0
Short-term debt
1 079
1 264
1 216
2 150
2 185
Total debt
1 104
1 837
1 230
2 150
2 185
Financial ratios
5-year trend
EBITDA margin
-11.8%
This company
15.8%
Market median
-175% vs market
2020
2024
Equity ratio
80.9%
This company
38.2%
Market median
+112% vs market
2020
2024
Return on equity
-2.8%
This company
18.4%
Market median
-115% vs market
2020
2024
Net profit margin
-19.4%
This company
8.1%
Market median
-340% vs market
2020
2024
Asset turnover
0.11×
This company
1.12×
Market median
-90% vs market
2020
2024
Debt / equity
0.24×
This company
0.62×
Market median
+61% vs 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
Management
Actively employed in the business
Name
Role
Member since
Current (2)
MB
Magnhild Balestrand
Deputy Member
Deputy Member
2004
JH
Jan Henning Balestrand
Chief Executive Officer
Chief Executive Officer
2009
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
BALESTRAND MARINE AS
(this company)
Vestfrakt Shipping As
MARRBULK REDERI AS
REDERIET TINTO AS
LIGHTHOUSE SHIP MANAGEMENT AS
Lighthouse Chartering As
JONSVOLLSGATEN 3 AS
Board network connections
Board members of BALESTRAND MARINE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Magnhild Balestrand
Deputy Member
0 companies
Jan Henning Balestrand
Chief Executive Officer
0 companies