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OCEAN INDUSTRIES SERVICES AS
AS
Active
Org 994586270
Vabøvegen 221, 5955 Lindås
Engineering activities and related technical consultancy · NACE 7112
Est. 2009
6 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 15,3M
-13% vs 2023
EBITDA margin
24.3%
-26% vs 2023
Equity ratio
13.9%
Financial strength
Net profit 2024
NOK 2,7M
-26% vs 2023
EBITDA — year on year
NOK millions
8M
6M
4M
2M
0M
6M
2020
5M
-17%
2021
4M
-20%
2022
5M
+25%
2023
4M
-20%
2024
Key figures
Annual report 2024
Revenue
NOK 15,3M
-13%
EBITDA
NOK 3,7M
-26%
Net profit
NOK 2,7M
-26%
Total assets
NOK 9,7M
-14%
Equity
NOK 1,3M
-17%
Employees
6
—
Company information
Legal name
OCEAN INDUSTRIES SERVICES AS
Org number
994586270
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
1. oktober 2009
Share capital
NOK 707 070
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Konsulentvirksomhet, vedlikehold, produksjon og varesalg innen mekanisk virksomhet, utleie av personell samt det som naturlig faller inn under dette.
Contact
Address
Vabøvegen 221, 5955 Lindås
Phone
+4791655495
Email
sigurd@ocean-is.no
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Revenue
NOK millions
0M
7M
14M
21M
28M
24M
2020
18M
2021
15M
2022
18M
2023
15M
2024
EBITDA
NOK millions
0M
2M
3M
5M
7M
6M
2020
5M
2021
4M
2022
5M
2023
4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
23 596
17 688
15 489
17 647
15 323
Staff expenses
−2 914
−3 342
−3 031
−3 366
−3 618
EBITDA
6 197
4 659
4 377
5 037
3 728
Depreciation & amort.
−295
−315
−274
−285
−291
EBIT
5 902
4 343
4 103
4 752
3 437
Net financials
7
−8
3
−8
52
Profit before tax
5 908
4 335
4 106
4 743
3 489
Tax
1 690
954
908
1 051
771
Net profit
4 218
3 381
3 198
3 692
2 718
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
11 457
8 387
8 298
11 237
9 698
Equity
6 860
2 241
3 439
1 631
1 349
Long-term debt
0
0
0
0
0
Short-term debt
4 097
5 646
4 359
9 106
7 849
Total debt
4 097
5 646
4 359
9 106
7 849
Financial ratios
5-year trend
EBITDA margin
24.3%
This company
15.8%
Market median
+54% vs market
2020
2024
Equity ratio
13.9%
This company
38.2%
Market median
-64% vs market
2020
2024
Return on equity
201.5%
This company
18.4%
Market median
+995% vs market
2020
2024
Net profit margin
17.7%
This company
8.1%
Market median
+119% vs market
2020
2024
Asset turnover
1.58×
This company
1.12×
Market median
+41% vs market
2020
2024
Debt / equity
6.19×
This company
0.62×
Market median
-898% 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 (1)
EA
Eva Abelsen
Deputy Member
Deputy Member
2010
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
SV
Sigurd Vabø
Chairman
2010
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ocean Group As
Company
100%
100%
2024
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Company hierarchy
Ocean Group As
OCEAN INDUSTRIES SERVICES AS
(this company)
Board network connections
Board members of OCEAN INDUSTRIES SERVICES AS also hold positions in
0
other companies.
Person
Role here
Other companies
Eva Abelsen
Deputy Member
0 companies
Sigurd Vabø
Chairman
0 companies