Riskpilot← Back to searchSign inGet full accessPGS TITANS AS
ASActiveOrg 998167000Lilleakerveien 4C, 0283 OsloEngineering activities and related technical consultancy · NACE 7112Est. 20120 employees
Revenue 2024
NOK 899M
+2% vs 2023
EBITDA margin
99.7%
+2% vs 2023
Equity ratio
48.7%
Financial strength
Net profit 2024
NOK 278M
-15% vs 2023
| Revenue | NOK 899M | +2% |
| EBITDA | NOK 896M | +2% |
| Net profit | NOK 278M | -15% |
| Total assets | NOK 3,8B | -2% |
| Equity | NOK 1,9B | +18% |
| Employees | 0 | — |
Legal name
PGS TITANS AS
Org number
998167000
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
26. mars 2012
Share capital
NOK 690 050 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap eller daglig leder og ett styremedlem i fellesskap.
Company purpose
Eierskap og drift av skip med tilhørende aktiviteter, samt hva hermed står i forbindelse, herunder deltagelse i andre virksomheter med tilsvarende formål.
Address
Lilleakerveien 4C, 0283 Oslo
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 78 000 | 235 000 | 313 000 | 476 000 | 650 000 | 682 000 | 739 000 | 795 000 | 721 000 | 802 000 | 885 000 | 899 000 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| EBITDA | 0 | 78 000 | 234 000 | 307 000 | 475 000 | 644 000 | 654 000 | 738 000 | 794 000 | 720 000 | 797 000 | 881 000 | 896 000 |
| Depreciation & amort. | −0 | −34 000 | −137 000 | −144 000 | −208 000 | −298 000 | −311 000 | −296 000 | −300 000 | −347 000 | −289 000 | −290 000 | −293 000 |
| EBIT | 0 | 44 000 | 97 000 | 163 000 | 267 000 | 346 000 | 343 000 | 442 000 | 494 000 | 373 000 | 508 000 | 591 000 | 603 000 |
| Net financials | 0 | −80 000 | −298 000 | −355 000 | −47 000 | 27 000 | −270 000 | −154 000 | −104 000 | −204 000 | −436 000 | −263 000 | −325 000 |
| Profit before tax | 0 | −36 000 | −201 000 | −192 000 | 220 000 | 373 000 | 73 000 | 288 000 | 390 000 | 169 000 | 72 000 | 328 000 | 278 000 |
| Tax | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net profit | 0 | −36 000 | −201 000 | −192 000 | 220 000 | 373 000 | 73 000 | 288 000 | 390 000 | 169 000 | 72 000 | 328 000 | 278 000 |
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | 1 969 000 | 3 336 000 | 3 658 000 | 4 804 000 | 5 398 000 | 5 132 000 | 4 864 000 | 4 771 000 | 4 364 000 | 4 165 000 | 3 922 000 | 3 826 000 |
| Equity | — | 792 000 | 1 400 000 | 1 208 000 | 1 318 000 | 1 691 000 | 1 763 000 | 1 626 000 | 1 365 000 | 1 184 000 | 1 257 000 | 1 585 000 | 1 863 000 |
| Long-term debt | 0 | 1 099 000 | 1 757 000 | 2 234 000 | 3 154 000 | 3 222 000 | 2 924 000 | 2 463 000 | 160 000 | 2 507 000 | 1 605 000 | 1 849 000 | 996 000 |
| Short-term debt | 0 | 78 000 | 179 000 | 216 000 | 332 000 | 485 000 | 445 000 | 775 000 | 3 246 000 | 673 000 | 1 304 000 | 487 000 | 966 000 |
| Total debt | 0 | 1 177 000 | 1 936 000 | 2 450 000 | 3 486 000 | 3 707 000 | 3 369 000 | 3 238 000 | 3 406 000 | 3 180 000 | 2 909 000 | 2 336 000 | 1 963 000 |
EBITDA margin
99.7%
This company
15.8%
Market median
+531% vs market
20122024
Equity ratio
48.7%
This company
38.2%
Market median
+27% vs market
20122024
Return on equity
14.9%
This company
18.4%
Market median
+19% vs market
20122024
Net profit margin
30.9%
This company
8.1%
Market median
+281% vs market
20122024
Asset turnover
0.23×
This company
1.12×
Market median
-79% vs market
20122024
Debt / equity
1.05×
This company
0.62×
Market median
-69% vs market
20122024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
PM Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
RJ Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2017 | — | — | |
| Board of Directors | 2017 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2023 | — | — | |
| Chairman | 2024 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2017 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Petroleum Geo-Services As | Company | 100.0% | 100.0% | 2024 |
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Pgs Holding Ii Ltd Nuf
PGS TITANS AS Board members of PGS TITANS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Paul Matthew Courtenay | Chief Executive Officer | 0 companies |
| Robert James Adams | Chief Executive Officer | 0 companies |
| Gottfred Langseth | Board of Directors | 0 companies |
| Christin Steen-Nilsen | Board of Directors | 0 companies |
| Amund Søia | Board of Directors | 0 companies |
| Merethe Bryn | Board of Directors | 0 companies |
| Sven Børre Larsen | Chairman | 0 companies |
| Katrine Haakenstad Salveson | Board of Directors | 0 companies |
| Rune Olav Pedersen | Chairman | 0 companies |