BILFINGER ISP OFFSHORE NORWAY AS

Bilfinger SE: Industrial Services | Industrial Services: Bilfinger SE

Bilfinger offers maintenance, expansion and operation of industrial plants + Technologies, solutions and consulting for the process industry worldwide

Keywords

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

Organization

CEO: PR
Paul Rune Aasrum Midtgarden1961
Chairman of the board: GR
Geir Reidar Folkestad1959
Years since formation: 29 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 1173

Ownership

Number of shares and share classes: 2,400,000; 1 share class
Total number of shareholders: 1; person
Belongs to group of

Financials

Total operating income 2023: 1,923,908,000; NOK
Annual total result 2023: 251,391,000; NOK
Total equity 2023: 2,162,484,000; NOK

Last update: Nov 21, 2024

Management

Management / administration

Name	Role	Shares
PR Paul Rune Aasrum Midtgarden 1961	Managing Director/CEO	-

Board

Name	Role	Shares
HH Hogne Hole 1971	Board Member	-
GR Geir Reidar Folkestad 1959	Chairman	-
HR Hanne Aarre Ruud 1974	Board Member	-
HU Henning Ulseth 1976	Board Member	-
CJ Christian Johannes Hansen Torsvik 1971	Board Member	-
AK Alf Kåre Unhammer Vatnaland 1990	Alternate Member	-
JG Joachim Gran 1989	Alternate Member	-
IA Ivo Andre Akselvoll 1983	Alternate Member	-
PM Per Morten Fisknes 1963	Alternate Member	-
OF Odin Ferking 1993	Alternate Member	-
PR Paul Rune Aasrum Midtgarden 1961	Deputy Chair	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
E ERNST & YOUNG COMPLIANCE SERVICES AS	Accountant	-

Last update: Oct 14, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
SB Se Bilfinger	Ordinary shares	2,400,000	100 %

Shares owned by the BILFINGER ISP OFFSHORE NORWAY AS

Name	Share class	Number of shares	Share
B BILFINGER NORWAY AS	Ordinary shares	1,000,000	100 %

Last update: May 24, 2024

Group structure

BILFINGER ISP OFFSHORE NORWAY AS
Total operating income 2023: NOK 1,923,908,000
Operating profit 2023: NOK 129,215,000
Employees: 1173

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	1,923,908,000	1,836,289,000	1,497,163,000
Annual Total Result	251,391,000	582,288,000	63,637,000
Total assets	2,689,818,000	2,477,068,000	2,523,693,000
Total liabilities	527,334,000	521,634,000	1,116,023,000
Total equity	2,162,484,000	1,955,434,000	1,407,670,000

P&L

Year	2023	2022	2021
Total operating income	1,923,908,000	1,836,289,000	1,497,163,000
Total operating costs	1,794,693,000	1,787,873,000	1,429,765,000
Operating result	129,215,000	48,416,000	67,398,000
Financial income/costs	141,263,000	537,170,000	1,606,000
Profit before tax	270,478,000	585,586,000	69,004,000
Total tax & extraordinary income/cost	19,087,000	3,298,000	5,367,000
Annual Total Result	251,391,000	582,288,000	63,637,000

Balance overview

Year	2023	2022	2021
Total fixed assets	2,196,556,000	2,074,462,000	2,212,416,000
Total current assets	493,262,000	402,606,000	311,277,000
Total assets	2,689,818,000	2,477,068,000	2,523,693,000
Short term debt	453,465,000	422,530,000	1,044,880,000
Long term debt	73,869,000	99,104,000	71,143,000
Total liabilities	527,334,000	521,634,000	1,116,023,000
Contributed capital	1,374,840,000	1,374,840,000	1,374,840,000
Retained earnings	787,644,000	580,594,000	32,830,000
Total equity	2,162,484,000	1,955,434,000	1,407,670,000
Total equity and liabilities	2,689,818,000	2,477,068,000	2,523,693,000

BILFINGER ISP OFFSHORE NORWAY AS932 066 351