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POLARCUS NORWAY AS
AS
Active
Org 996798305
Filipstad Brygge 1, 0252 Oslo
Support activities for petroleum and natural gas extraction · NACE 0910
Est. 2011
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2021
NOK 250K
EBITDA margin
68.0%
+105% vs 2020
Equity ratio
96.1%
Financial strength
Net profit 2021
NOK 171K
+105% vs 2020
EBITDA — year on year
NOK millions
0M
-1M
-3M
-4M
-5M
0M
2017
0M
0%
2018
0M
0%
2019
-4M
-400%
2020
0M
+100%
2021
Key figures
Annual report 2021
Revenue
NOK 250K
—
EBITDA
NOK 170K
+105%
Net profit
NOK 171K
+105%
Total assets
NOK 178K
—
Equity
NOK 171K
—
Employees
0
—
Company information
Legal name
POLARCUS NORWAY AS
Org number
996798305
Legal form
Aksjeselskap
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
7. april 2011
Share capital
NOK 30 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Diverse tjenesteyting og leveranser innen seismikkbransjen og dertilhørende virksomhet, herunder ved investeringer i andre selskaper.
Contact
Address
Filipstad Brygge 1, 0252 Oslo
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Companies in Support activities for petroleum and natural gas extraction
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2017
0M
2018
0M
2019
0M
2020
0M
2021
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2017
0M
2018
0M
2019
-4M
2020
0M
2021
Income statement
NOK thousands
Item
2017
2018
2019
2020
2021
Revenue
0
0
0
0
250
Staff expenses
−0
−0
−22
−0
−0
EBITDA
−181
−22
−22
−3 639
170
Depreciation & amort.
−2
−4
−0
−0
−0
EBIT
−183
−26
−22
−3 639
170
Net financials
−49
−57
−23
−1
1
Profit before tax
−232
−83
−45
−3 640
171
Tax
−0
−0
−0
−0
−0
Net profit
−232
−83
−45
−3 640
171
Balance sheet
NOK thousands
Item
2017
2018
2019
2020
2021
Total assets
4 817
4 685
3 640
0
178
Equity
3 768
3 685
3 640
0
171
Long-term debt
1 000
1 000
0
0
0
Short-term debt
49
0
0
0
7
Total debt
1 049
1 000
0
0
7
Financial ratios
5-year trend
EBITDA margin
68.0%
This company
15.8%
Market median
+330% vs market
2017
2021
Equity ratio
96.1%
This company
38.2%
Market median
+152% vs market
2017
2021
Return on equity
100.0%
This company
18.4%
Market median
+443% vs market
2017
2021
Net profit margin
68.4%
This company
8.1%
Market median
+744% vs market
2017
2021
Asset turnover
1.40×
This company
1.12×
Market median
+25% vs market
2017
2021
Debt / equity
0.04×
This company
0.62×
Market median
+94% vs market
2017
2021
Annual reports & filings
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
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
HS
Hans-Peter Sigvard Burlid
Contact Person
Contact Person
2016
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
DA
Duncan Alexander Eley
Board of Directors
2021
EM
Erik Mogens Mathiesen
Chairman
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
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of POLARCUS NORWAY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Hans-Peter Sigvard Burlid
Contact Person
0 companies
Duncan Alexander Eley
Board of Directors
0 companies
Erik Mogens Mathiesen
Chairman
0 companies