NORTH SEA ELECTRONICS AS

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Since 2005, North Sea Electronics has offered electronics & mechanical design and all required firmware & software from our headquarters in Bergen, Norway.

Keywords

engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting

Organization

CEO: GK
Geir-Lasse Kaldestad1974
Chairman of the board: GK
Geir-Lasse Kaldestad1974
Years since formation: 19 years; since Jan 26, 2005
Type: Limited company
VAT registered: Yes
Number of employees: 20

Ownership

Number of shares and share classes: 9,000; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2023: 70,847,815; NOK
Annual total result 2023: 9,759,538; NOK
Total equity 2023: 20,190,351; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
GK Geir-Lasse Kaldestad 1974	Managing Director/CEO	60 % indirectly

Board

Name	Role	Shares
GK Geir-Lasse Kaldestad 1974	Chairman	60 % indirectly
RF Richard Fyhn 1978	Board Member	40 % indirectly
WK Wenche Nesheim Kaldestad 1976	Alternate Member	-
KF Kristin Hannevik Fyhn 1978	Alternate Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-
A ADDERO AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
GK Geir-Lasse Kaldestad 1974	Managing Director/CEO, Chairman	60 % indirectly
RF Richard Fyhn 1978	Board Member	40 % indirectly

Last update: Nov 15, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
M MARIN-INNOVASJON AS	Ordinary shares	5,400	60 %
R RF DESIGN AS	Ordinary shares	3,600	40 %

Shares owned by the NORTH SEA ELECTRONICS AS

Name	Share class	Number of shares	Share
N NORDIC ITECH AS	Ordinary shares	371	19.98 %

Last update: May 24, 2024

Group structure

MARIN-INNOVASJON AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -26,324
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	70,847,815	52,174,130	35,966,345
Annual Total Result	9,759,538	7,979,426	4,544,229
Total assets	41,947,482	38,486,666	30,036,238
Total liabilities	21,757,131	18,055,853	14,584,851
Total equity	20,190,351	20,430,813	15,451,387

P&L

Year	2023	2022	2021
Total operating income	70,847,815	52,174,130	35,966,345
Total operating costs	57,889,612	41,227,955	29,973,234
Operating result	12,958,203	10,946,175	5,993,111
Financial income/costs	-264,885	-572,619	-229,879
Profit before tax	12,693,318	10,373,556	5,763,231
Total tax & extraordinary income/cost	2,933,780	2,394,130	1,219,002
Annual Total Result	9,759,538	7,979,426	4,544,229

Balance overview

Year	2023	2022	2021
Total fixed assets	1,731,036	1,258,441	1,659,212
Total current assets	40,216,446	37,228,225	28,377,027
Total assets	41,947,482	38,486,666	30,036,238
Short term debt	21,300,284	15,959,033	13,363,493
Long term debt	456,847	2,096,820	1,221,358
Total liabilities	21,757,131	18,055,853	14,584,851
Contributed capital	90,000	90,000	90,000
Retained earnings	20,100,351	20,340,813	15,361,387
Total equity	20,190,351	20,430,813	15,451,387
Total equity and liabilities	41,947,482	38,486,666	30,036,238

NORTH SEA ELECTRONICS AS987 774 002