SUBSEA COMPOSITE SOLUTIONS AS
Organization
- CEO
- VG
Vidar Grindheim1974
- Chairman of the board
- Years since formation
- 20 years
- since Feb 24, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 11
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 2024
- 62,015,707
- NOK
- Annual total result 2024
- 11,755,378
- NOK
- Total equity 2024
- 12,473,241
- NOK
Last update: Sep 9, 2025
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: Jan 28, 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 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 62,015,707 | 36,039,243 | 35,882,782 | 20,452,577 |
Annual Total Result | 11,755,378 | 3,188,454 | 4,937,018 | 3,778,261 |
Total assets | 23,346,160 | 21,779,880 | 19,544,137 | 10,971,490 |
Total liabilities | 10,872,920 | 13,013,754 | 11,966,466 | 6,380,837 |
Total equity | 12,473,241 | 8,766,126 | 7,577,672 | 4,590,653 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 62,015,707 | 36,039,243 | 35,882,782 | 20,452,577 |
Total operating costs | 46,697,283 | 31,727,666 | 29,449,558 | 15,901,245 |
Operating result | 15,318,424 | 4,311,576 | 6,433,224 | 4,551,332 |
Financial income/costs | -246,465 | -220,819 | -103,700 | -57,580 |
Profit before tax | 15,071,960 | 4,090,757 | 6,329,524 | 4,493,752 |
Total tax & extraordinary income/cost | 3,316,582 | 902,303 | 1,392,506 | 715,491 |
Annual Total Result | 11,755,378 | 3,188,454 | 4,937,018 | 3,778,261 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 3,488,400 | 3,633,873 | 2,872,773 | 2,086,391 |
Total current assets | 19,857,760 | 18,146,007 | 16,671,364 | 8,885,099 |
Total assets | 23,346,160 | 21,779,880 | 19,544,137 | 10,971,490 |
Short term debt | 10,749,973 | 12,984,060 | 11,878,697 | 5,378,331 |
Long term debt | 122,947 | 29,694 | 87,769 | 1,002,506 |
Total liabilities | 10,872,920 | 13,013,754 | 11,966,466 | 6,380,837 |
Contributed capital | 290,000 | 290,000 | 290,000 | 290,000 |
Retained earnings | 12,183,241 | 8,476,126 | 7,287,672 | 4,300,653 |
Total equity | 12,473,241 | 8,766,126 | 7,577,672 | 4,590,653 |
Total equity and liabilities | 23,346,160 | 21,779,880 | 19,544,137 | 10,971,491 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises