ISLAND EXPLORER AS
Operating
Eie skip og aksjer og andeler i andre selskap, samt dertil hørende
rederivirksomhet.
Eie skip, aksjer og andeler og drive offshore rederivirksomhet.
Keywords
transporttugtugsshipsbargesfloating installations
Organization
- Chairman of the board
- MU
Morten Ulstein1953
- Years since formation
- 4 years
- since Dec 12, 2022
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2025
- -229,587
- NOK
- Total equity 2025
- 466,546,759
- NOK
Last update: Jun 23, 2026
Management
Board
| Name | Role | Shares |
|---|---|---|
MU 1953 | Chairman | 5.85 % indirectly |
HU 1959 | Alternate Member | 10 % indirectly |
GJ 1944 | Board Member | - |
DD | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - | |
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
HU 1959 | Alternate Member | 10 % indirectly |
SI | - | 10 % indirectly |
| - | 10 % indirectly | |
HU 1956 | - | 10 % indirectly |
MU 1953 | Chairman | 5.85 % indirectly |
IM | - | 4.15 % indirectly |
Last update: Dec 2, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -892,297Employees: 0
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -229,587 | -23,830 | -7,432 | -12,875 |
Total assets | 933,978,401 | 3,043 | 4,123 | 30,000 |
Total liabilities | 467,431,642 | 22,750 | 0 | 18,445 |
Total equity | 466,546,759 | -19,707 | 4,123 | 11,555 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 2,638 | 23,830 | 7,432 | 12,875 |
Operating result | -2,638 | -23,830 | -7,432 | -12,875 |
Financial income/costs | -226,949 | 0 | 0 | 0 |
Profit before tax | -229,587 | -23,830 | -7,432 | -12,875 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -229,587 | -23,830 | -7,432 | -12,875 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total fixed assets | 466,926,109 | 0 | 0 | 0 |
Total current assets | 467,052,292 | 3,043 | 4,123 | 30,000 |
Total assets | 933,978,401 | 3,043 | 4,123 | 30,000 |
Short term debt | 635,588 | 22,750 | 0 | 18,445 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 467,431,642 | 22,750 | 0 | 18,445 |
Contributed capital | 466,820,483 | 24,430 | 24,430 | 24,430 |
Retained earnings | -273,724 | -44,137 | -20,307 | -12,875 |
Total equity | 466,546,759 | -19,707 | 4,123 | 11,555 |
Total equity and liabilities | 933,978,401 | 3,043 | 4,123 | 30,000 |
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
Standard industrial classification
H
Main industrial area
Transportation and storage
50
Activity
Water transport
50.2
Main industrial group
Sea and coastal freight water transport
50.20
Industrial group
Sea and coastal freight water transport
50.203
Industrial group
Tugs