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S

SUBSEA COMPOSITE SOLUTIONS AS987 902 140

Liquid material
Limited company
Radøyvegen 387 5938 SÆBØVÅGEN, Norge
Industry and manufacturing
/ Liquid material
/ 30.114 Manufacture of other floating equipment

SUBSEA COMPOSITE SOLUTIONS AS

Keywords

floating dockspontoonsfloating buoysbarges

Organization

CEO
VG

Vidar Grindheim1974

Chairman of the board
RJ

Rolf Johan Fredrik Arvidsson1969

Years since formation
20 years
since Feb 24, 2005
Type
Limited company
VAT registered
Yes
Number of employees
9

Ownership

Number of shares and share classes
100
1 share class
Total number of shareholders
2
1 company, 1 person
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: Mar 28, 2025

Management

Management / administration

NameRoleShares
VG

Vidar Grindheim

1974

Managing Director/CEO-

Board

NameRoleShares
RJ

Rolf Johan Fredrik Arvidsson

1969

Chairman-
LJ

Lars Johan Henrik Lundkvist

1977

Board Member-
AL

Aurelien Lafforgue

1983

Board Member-

Others

NameRoleShares
D
DELOITTE AS
Auditor-

Top 10 individual shareholders

NameRoleShares
AL

Atle Landro

1955

-
47.5 %
indirectly
NL

Nils Landro

1953

-
47.5 %
indirectly
VA

Vidar Aasgård

1969

-
5 %
directly
Last update: Jan 28, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
M
MUNDALGRUPPEN AS
Ordinary shares
95
95 %
VA

Vidar Aasgård

1969

Ordinary shares
5
5 %
Last update: May 24, 2024

Group structure

  • MUNDALGRUPPEN AS
    Total operating income 2023: NOK 1,500,000
    Operating profit 2023: NOK 831,994
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
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

Year2024202320222021
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

Year2024202320222021
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

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
30.114
Industrial group
Manufacture of other floating equipment