SIMPSON SPENCE YOUNG NORWAY KS

Closed at August 31st, 2026, Voluntary liquidation

Drive skipsmegler- og befraktningsforretning, ekspedisjon, spedisjon, reisebyråvirksomhet, assuranseagenturer og assuransemegling, finansmegling, oljemegling og andre former for servicenæring og handel samt annen virksomhet som har naturlig tilknytting til noen av disse virksomheter.

Organization

Chairman of the board: AP
Andrew Paul Carlyle Williams1973
Operation time: 31 years; - Mar 12, 1995 to Aug 31, 2026
Type: Limited partnership
VAT registered: Yes
Number of employees: 0

Financials

Total operating income 2025: 191,687,545; NOK
Annual total result 2025: 63,705,250; NOK
Total equity 2025: 15,426,997; NOK

Last update: Aug 5, 2026

Management

Board

Name	Role	Shares
AP Andrew Paul Carlyle Williams 1973	Chairman	-
S SSY KOMPLEMENTAR AS	General Partner	-
SG Stanko Georgiev Jekov 1981	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
V VIEW GROUP AS	Accountant	-

Last update: Feb 24, 2026

Ownership

Shares owned by the SIMPSON SPENCE YOUNG NORWAY KS

Name	Share class	Total number of shares	Share
S SSY NORWAY ASIA AS	Ordinary shares	500	100 %
S SSY VALUATION SERVICES AS	Ordinary shares	100	100 %
G GRIEG PROJECT FINANCE AS Closed	Ordinary shares	500	100 %
S SE MARITIME PROJECTS AS	Ordinary shares	50,000	50 %

Last update: Jun 2, 2025

Group structure

SIMPSON SPENCE YOUNG NORWAY KS
Total operating income 2025: NOK 191,687,545
Operating profit 2025: NOK 58,761,143
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	191,687,545	179,619,590	199,610,690	171,421,538	161,759,605
Annual Total Result	63,705,250	49,343,602	53,593,975	45,252,409	41,995,090
Total assets	138,340,862	155,656,785	151,411,032	129,724,287	96,044,686
Total liabilities	122,913,865	135,935,037	132,032,886	115,940,116	90,512,923
Total equity	15,426,997	19,721,748	19,378,146	13,784,171	5,531,762

P&L

Year	2025	2024	2023	2022	2021
Total operating income	191,687,545	179,619,590	199,610,690	171,421,538	161,759,605
Total operating costs	132,926,402	130,670,203	144,256,361	125,369,985	117,378,840
Operating result	58,761,143	48,949,387	55,354,329	46,051,552	44,380,766
Financial income/costs	4,944,107	394,215	-1,760,354	-799,144	-2,385,676
Profit before tax	63,705,250	49,343,602	53,593,975	45,252,409	41,995,090
Total tax & extraordinary income/cost	0	0	0	0	0
Annual Total Result	63,705,250	49,343,602	53,593,975	45,252,409	41,995,090

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	13,922,914	15,073,115	12,760,774	12,272,587	8,243,212
Total current assets	124,417,947	140,583,670	138,650,258	117,451,700	87,801,473
Total assets	138,340,862	155,656,785	151,411,032	129,724,287	96,044,686
Short term debt	122,518,788	135,516,404	131,571,671	106,446,390	68,974,779
Long term debt	395,077	418,633	461,215	9,493,725	21,538,144
Total liabilities	122,913,865	135,935,037	132,032,886	115,940,116	90,512,923
Contributed capital	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000
Retained earnings	11,426,997	15,721,748	15,378,146	9,784,171	1,531,762
Total equity	15,426,997	19,721,748	19,378,146	13,784,171	5,531,762
Total equity and liabilities	138,340,862	155,656,785	151,411,032	129,724,287	96,044,686

Classification

21st company classification

BETA

Industrial large enterprise

Type of organization

Limited partnership

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2300

Private non-financial unincorporated enterprises

SIMPSON SPENCE YOUNG NORWAY KS955 022 920