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OCEAN EUROPE AS
AS
Active
Org 992833394
Risvikvegen 43, 5384 Torangsvåg
Engineering activities and related technical consultancy · NACE 7112
Est. 2008
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2020
NOK 1,5M
-98% vs 2019
EBITDA margin
-898.2%
-145% vs 2019
Equity ratio
-258.2%
Financial strength
Net profit 2020
NOK -115,6M
-1587% vs 2019
EBITDA — year on year
NOK millions
38M
24M
10M
-4M
-18M
1M
2016
5M
+400%
2017
8M
+60%
2018
30M
+275%
2019
-14M
-147%
2020
Key figures
Annual report 2020
Revenue
NOK 1,5M
-98%
EBITDA
NOK -13,6M
-145%
Net profit
NOK -115,6M
-1587%
Total assets
NOK 28,5M
-83%
Equity
NOK -73,6M
-275%
Employees
0
—
Company information
Legal name
OCEAN EUROPE AS
Org number
992833394
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
26. juni 2008
Share capital
NOK 10 500 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Selskapets virksomhet er å drive rederivirksomhet med egen og chartret tonnasje og alt hva dermed er forbundet.
Contact
Address
Risvikvegen 43, 5384 Torangsvåg
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
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Revenue
NOK millions
0M
25M
51M
76M
101M
33M
2016
30M
2017
38M
2018
88M
2019
2M
2020
EBITDA
NOK millions
0M
9M
17M
26M
35M
1M
2016
5M
2017
8M
2018
30M
2019
-14M
2020
Income statement
NOK thousands
Item
2016
2017
2018
2019
2020
Revenue
33 059
29 789
38 207
88 243
1 519
Staff expenses
−0
−5 008
−13 229
−0
−0
EBITDA
770
5 003
8 335
30 300
−13 642
Depreciation & amort.
−0
−8 534
−9 137
−10 126
−113 001
EBIT
770
−3 532
−802
20 174
−126 643
Net financials
−70 159
−3 662
−12 827
−9 746
−5 993
Profit before tax
−69 389
−7 194
−13 629
10 428
−132 636
Tax
−0
−2 111
−3 667
2 654
−17 025
Net profit
−68 519
−5 083
−9 962
7 774
−115 611
Balance sheet
NOK thousands
Item
2016
2017
2018
2019
2020
Total assets
226 285
188 648
171 024
172 025
28 512
Equity
59 918
54 835
34 276
42 050
−73 620
Long-term debt
162 442
131 339
128 361
115 504
0
Short-term debt
3 925
2 475
8 387
14 471
102 132
Total debt
166 368
133 813
136 748
129 974
102 132
Financial ratios
5-year trend
EBITDA margin
-898.2%
This company
15.8%
Market median
-5785% vs market
2016
2020
Equity ratio
-258.2%
This company
38.2%
Market median
-776% vs market
2016
2020
Return on equity
-11561087800.0%
This company
18.4%
Market median
-62831999013% vs market
2016
2020
Net profit margin
-7611.6%
This company
8.1%
Market median
-94070% vs market
2016
2020
Asset turnover
0.05×
This company
1.12×
Market median
-96% vs market
2016
2020
Debt / equity
1.39×
This company
0.62×
Market median
-124% 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 (2)
TH
Tor Hufthammer
Chairman
2021
PR
Per Rolf Sævik
Board of Directors
2021
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 OCEAN EUROPE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tor Hufthammer
Chairman
0 companies
Per Rolf Sævik
Board of Directors
0 companies