SAGA OFFSHORE PARTNERS AS

Operating

Levering av boretjenester ved utvinning av råolje og naturgass. I tillegg skal selskapet kunne investere i andre selskap med beslektet virksomhet.

Keywords

crude oilnatural gasassemblydisassemblyinspectionrepairmaintenance (irm)insulationsurface treatmentscaffolding (iso)heatingventilationair conditioning (hvac)seabedcontrol cablesrisersflow pipesfloating tankersfpsodiving operationsunderwater exploration (rov)pipescablesengineeringproject activitiesliquefactionregasificationfirefighting

Organization

CEO: PM
Paul Magnus Horne1957
Chairman of the board: RO
Roy Olav Hallås1965
Years since formation: 13 years; since Dec 19, 2013
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 4,623,530; 1 share class
Total number of shareholders: 3; companies
Belongs to group of

Financials

Total operating income 2025: 10,722,889; NOK
Annual total result 2025: -184,965; NOK
Total equity 2025: 3,627,874; NOK

Last update: Jul 20, 2026

Management

Management / administration

Name	Role	Shares
PM Paul Magnus Horne 1957	Managing Director/CEO	41.44 % indirectly

Board

Name	Role	Shares
RO Roy Olav Hallås 1965	Chairman	43.56 % indirectly
PM Paul Magnus Horne 1957	Board Member	41.44 % indirectly

Others

Name	Role	Shares
C CROWE STAVANGER REVISJON AS	Auditor	-
V VIEW GROUP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
RO Roy Olav Hallås 1965	Chairman	43.56 % indirectly
PM Paul Magnus Horne 1957	Managing Director/CEO, Board Member	41.44 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
G GRINDSTUA AS	Ordinary shares	2,014,125	43.56 %
G GOD KROK AS	Ordinary shares	1,915,875	41.44 %
M MØKSTER INVESTERING AS	Ordinary shares	693,530	15 %

Shares owned by the SAGA OFFSHORE PARTNERS AS

Name	Share class	Total number of shares	Share
S SAGA SALES & RENTAL AS	Ordinary shares	30	100 %
M MILESTONE ZERO AS	Ordinary shares	404,000	64.74 %
N NORWEGIAN RIG AS Closed	Ordinary shares	25	50 %
I IMO MARE AS	Ordinary shares	151	31.13 %

Last update: Sep 25, 2026

Group structure

SAGA OFFSHORE PARTNERS AS
Total operating income 2025: NOK 10,722,889
Operating profit 2025: NOK -149,945
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	10,722,889	7,768,326	8,604,110	4,438,958	7,565,927
Annual Total Result	-184,965	-82,845	-287,980	-2,535,467	62,209
Total assets	8,152,109	3,022,944	3,528,321	2,651,298	5,431,995
Total liabilities	4,524,235	1,710,107	2,132,639	967,637	1,212,866
Total equity	3,627,874	1,312,836	1,395,681	1,683,661	4,219,128

P&L

Year	2025	2024	2023	2022	2021
Total operating income	10,722,889	7,768,326	8,604,110	4,438,958	7,565,927
Total operating costs	10,872,833	7,810,656	8,772,903	6,977,556	7,483,841
Operating result	-149,945	-42,331	-168,793	-2,538,598	82,085
Financial income/costs	-35,020	-40,514	-119,187	0	-70
Profit before tax	-184,965	-82,845	-287,980	-2,538,598	82,015
Total tax & extraordinary income/cost	0	0	0	-3,131	19,806
Annual Total Result	-184,965	-82,845	-287,980	-2,535,467	62,209

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	1,868,334	1,177,743	1,002,377	144,399	60,633
Total current assets	6,283,775	1,845,201	2,525,944	2,506,899	5,371,362
Total assets	8,152,109	3,022,944	3,528,321	2,651,298	5,431,995
Short term debt	4,524,235	1,710,107	2,132,639	967,637	1,209,735
Long term debt	0	0	0	0	3,131
Total liabilities	4,524,235	1,710,107	2,132,639	967,637	1,212,866
Contributed capital	2,617,902	117,900	117,900	117,900	117,900
Retained earnings	1,009,972	1,194,936	1,277,781	1,565,761	4,101,228
Total equity	3,627,874	1,312,836	1,395,681	1,683,661	4,219,128
Total equity and liabilities	8,152,109	3,022,944	3,528,321	2,651,298	5,431,995

Classification

21st company classification

BETA

Small company

SAGA OFFSHORE PARTNERS AS912 977 536