ULSTEIN VERFT AS
Ship design | Ship building | Systemintegration power &… | Ulstein
Ulstein is a third-generation family-owned company and an internationally renowned provider of ship designs, shipbuilding and system solutions for ships.
Keywords
buildinglargeshipsboard
Links
Organization
- CEO
- LO
Lars Lühr Olsen1963
- Chairman of the board
- GU
Gunvor Ulstein1969
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 266
Ownership
- Number of shares and share classes
- 9,500
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2023
- 1,191,212,019
- NOK
- Annual total result 2023
- 23,141,318
- NOK
- Total equity 2023
- 71,631,192
- NOK
Last update: Jan 15, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LO 1963 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
LK | Board Member | - |
RI 1968 | Board Member | - |
MW 1990 | Alternate Member | - |
VN | Alternate Member | - |
LO | Board Member | - |
PA 1969 | Alternate Member | - |
GU 1969 | Chairman | 2.06 % indirectly |
TU 1967 | Deputy Chair | - |
SA 1959 | Board Member | - |
BE 1989 | Alternate Member | - |
ØF 1966 | Alternate Member | - |
JB 1987 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
IM | - | 2.87 % indirectly |
VU 1965 | - | 2.86 % indirectly |
GU 1969 | Chairman | 2.06 % indirectly |
MU 1948 | - | 1.93 % indirectly |
ML 1966 | - | 1.31 % indirectly |
IU 1971 | - | 1.3 % indirectly |
OU 2001 | - | 1.12 % indirectly |
EU 2004 | - | 1.12 % indirectly |
Last update: Jul 23, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 9,500 | 100 % |
Shares owned by the ULSTEIN VERFT AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 24,168,000Operating profit 2023: NOK -7,940,000Employees: 13
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 1,191,212,019 | 359,643,397 | 923,774,001 |
Annual Total Result | 23,141,318 | -53,371,685 | 15,280,455 |
Total assets | 1,649,104,762 | 610,544,904 | 355,707,397 |
Total liabilities | 1,577,473,570 | 562,055,029 | 269,108,375 |
Total equity | 71,631,192 | 48,489,874 | 86,599,022 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 1,191,212,019 | 359,643,397 | 923,774,001 |
Total operating costs | 0 | 0 | 882,662,760 |
Operating result | 28,918,836 | -70,463,982 | 41,111,241 |
Financial income/costs | 0 | 0 | -21,632,425 |
Profit before tax | 29,721,623 | -68,413,411 | 19,478,816 |
Total tax & extraordinary income/cost | 6,580,305 | -15,041,726 | 4,198,361 |
Annual Total Result | 23,141,318 | -53,371,685 | 15,280,455 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 261,352,280 | 268,467,775 | 256,542,062 |
Total current assets | 1,387,752,482 | 342,077,129 | 99,165,335 |
Total assets | 1,649,104,762 | 610,544,904 | 355,707,397 |
Short term debt | 1,377,473,570 | 562,055,029 | 269,108,375 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 1,577,473,570 | 562,055,029 | 269,108,375 |
Contributed capital | 95,100,000 | 95,100,000 | 95,100,000 |
Retained earnings | -23,468,808 | -46,610,126 | -8,500,978 |
Total equity | 71,631,192 | 48,489,874 | 86,599,022 |
Total equity and liabilities | 1,649,104,762 | 610,544,904 | 355,707,397 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
C
Main industrial area
Manufacturing
30
Activity
Manufacture of other transport equipment
30.1
Main industrial group
Building of ships and boats
30.11
Industrial group
Building of ships and floating structures
30.111
Industrial group
Building of ships and hulls more than 100 g.r.tons