SUBSEA COMPOSITE SOLUTIONS AS
Operating
Selskapet er et markedsførings-, salgs-, produksjons- og
prosjektgjennomføringsselskap. Virksomheten er utvikling, engineering,
markedsføring, salg, produksjon og leveranse av produkter og
komponenter til sektorene olje, gass og subsea, samt annen beslektet
virksomhet.
Utvikling, engineering, markedsføring, salg, produksjon og leveranse
av produkter og komponenter til sektorene olje, gass, subsea og annen
beslektet virksomhet.
Organization
- CEO
- VG
Vidar Grindheim1974
- Chairman of the board
- Years since formation
- 21 years
- since Feb 24, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 14
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2025
- 64,559,673
- NOK
- Annual total result 2025
- 7,284,580
- NOK
- Total equity 2025
- 6,757,820
- NOK
Last update: Jul 22, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
VG 1974 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | - | |
| Board Member | - | |
AL | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Dec 18, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income -: NOKOperating profit -: NOKEmployees: 0
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 64,559,673 | 62,015,707 | 36,039,243 | 35,882,782 | 20,452,577 |
Annual Total Result | 7,284,580 | 11,755,378 | 3,188,454 | 4,937,018 | 3,778,261 |
Total assets | 27,566,978 | 23,346,160 | 21,779,880 | 19,544,137 | 10,971,490 |
Total liabilities | 20,809,158 | 10,872,920 | 13,013,754 | 11,966,466 | 6,380,837 |
Total equity | 6,757,820 | 12,473,241 | 8,766,126 | 7,577,672 | 4,590,653 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 64,559,673 | 62,015,707 | 36,039,243 | 35,882,782 | 20,452,577 |
Total operating costs | 54,490,952 | 46,697,283 | 31,727,666 | 29,449,558 | 15,901,245 |
Operating result | 10,068,721 | 15,318,424 | 4,311,576 | 6,433,224 | 4,551,332 |
Financial income/costs | -716,319 | -246,465 | -220,819 | -103,700 | -57,580 |
Profit before tax | 9,352,402 | 15,071,960 | 4,090,757 | 6,329,524 | 4,493,752 |
Total tax & extraordinary income/cost | 2,067,822 | 3,316,582 | 902,303 | 1,392,506 | 715,491 |
Annual Total Result | 7,284,580 | 11,755,378 | 3,188,454 | 4,937,018 | 3,778,261 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 3,188,424 | 3,488,400 | 3,633,873 | 2,872,773 | 2,086,391 |
Total current assets | 24,378,554 | 19,857,760 | 18,146,007 | 16,671,364 | 8,885,099 |
Total assets | 27,566,978 | 23,346,160 | 21,779,880 | 19,544,137 | 10,971,490 |
Short term debt | 20,697,291 | 10,749,973 | 12,984,060 | 11,878,697 | 5,378,331 |
Long term debt | 0 | 122,947 | 29,694 | 87,769 | 1,002,506 |
Total liabilities | 20,809,158 | 10,872,920 | 13,013,754 | 11,966,466 | 6,380,837 |
Contributed capital | 290,000 | 290,000 | 290,000 | 290,000 | 290,000 |
Retained earnings | 6,467,820 | 12,183,241 | 8,476,126 | 7,287,672 | 4,300,653 |
Total equity | 6,757,820 | 12,473,241 | 8,766,126 | 7,577,672 | 4,590,653 |
Total equity and liabilities | 27,566,978 | 23,346,160 | 21,779,880 | 19,544,137 | 10,971,491 |
Classification
21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises