AKOFS NORWAY OPERATIONS AS

AKOFS Offshore - World class well operations and services

We provide vessel-based subsea well construction and intervention services covering all phases from conceptual development to project execution and offshore operations.

Keywords

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

Organization

CEO: GA
Geir Atle Sjøberg1963
Chairman of the board: GA
Geir Atle Sjøberg1963
Years since formation: 7 years; since May 26, 2018
Type: Limited company
VAT registered: Yes
Number of employees: 123

Ownership

Number of shares and share classes: 30; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 856,356,194; NOK
Annual total result 2024: 35,208,929; NOK
Total equity 2024: 117,398,229; NOK

Last update: Jul 29, 2025

Management

Management / administration

Name	Role	Shares
GA Geir Atle Sjøberg 1963	Managing Director/CEO	-

Board

Name	Role	Shares
GA Geir Atle Sjøberg 1963	Chairman	-
FN Fredrik Nøvik Hunstad 1987	Board Member	-
CR Cassia Ribeiro Naegele Ringås 1977	Board Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-

Last update: Jan 22, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
A AKOFS OFFSHORE OPERATIONS AS	Ordinary shares	30	100 %

Last update: Jun 2, 2025

Group structure

AKOFS OFFSHORE AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -507,000
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	856,356,194	765,758,594	735,694,860	667,784,387
Annual Total Result	35,208,929	-41,946,553	-44,439,000	-69,689,800
Total assets	373,696,288	381,516,724	465,921,705	572,875,325
Total liabilities	256,298,059	299,327,423	640,759,841	683,983,914
Total equity	117,398,229	82,189,301	-174,838,136	-111,108,589

P&L

Year	2024	2023	2022	2021
Total operating income	856,356,194	765,758,594	735,694,860	667,784,387
Total operating costs	821,206,581	796,669,827	770,269,193	729,512,231
Operating result	35,149,613	-30,911,233	-34,574,333	-61,727,844
Financial income/costs	59,316	-11,035,320	-9,864,667	-7,961,956
Profit before tax	35,208,929	-41,946,553	-44,439,000	-69,689,800
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	35,208,929	-41,946,553	-44,439,000	-69,689,800

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	0	87,729,244	162,445,509	253,216,348
Total current assets	373,696,288	293,787,480	303,476,196	319,658,977
Total assets	373,696,288	381,516,724	465,921,705	572,875,325
Short term debt	256,298,059	259,746,919	623,022,341	615,803,778
Long term debt	0	39,580,504	17,737,500	68,180,136
Total liabilities	256,298,059	299,327,423	640,759,841	683,983,914
Contributed capital	299,003,989	299,003,989	30,000	30,000
Retained earnings	-181,605,760	-216,814,688	-174,868,136	-111,138,589
Total equity	117,398,229	82,189,301	-174,838,136	-111,108,589
Total equity and liabilities	373,696,288	381,516,724	465,921,705	572,875,325

AKOFS NORWAY OPERATIONS AS920 901 387