GAC NORWAY AS
GAC- Shipping, Logistics & Marine Services | GAC
GAC is the leading shipping & logistics company which offers complete logistics, freight forwarding & marine services with a globally known, world-class…
Keywords
operationlockscanalstugboat operationslighthouse servicepilotage servicemooringvesselsicebreakers
Organization
- CEO
- AØ
Ahmet Øzsoy1956
- Chairman of the board
- MR
Mikael Rødseth1977
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 120
Ownership
- Number of shares and share classes
- 500
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
Financials
- Total operating income 2024
- 189,169,135
- NOK
- Annual total result 2024
- 13,868,850
- NOK
- Total equity 2024
- 12,154,612
- NOK
Last update: Jun 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AØ 1956 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
TH 1974 | Board Member | - |
MR 1977 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
SO | - | 10.2 % indirectly |
ES 1991 | - | 4.9 % indirectly |
SS 1986 | - | 4.9 % indirectly |
Last update: Apr 25, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 400 | 80 % | |
| Ordinary shares | 100 | 20 % |
Shares owned by the GAC NORWAY AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2 | 0.61 % | |
| NO0010778095 | 31,113 | < 0.01 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 189,169,135 | 193,155,015 | 187,047,643 | 155,189,682 |
Annual Total Result | 13,868,850 | 18,861,918 | 22,220,638 | 9,861,195 |
Total assets | 163,703,396 | 169,381,166 | 191,658,603 | 146,567,390 |
Total liabilities | 151,548,785 | 145,095,403 | 163,734,758 | 132,864,183 |
Total equity | 12,154,612 | 24,285,762 | 27,923,844 | 13,703,207 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 189,169,135 | 193,155,015 | 187,047,643 | 155,189,682 |
Total operating costs | 171,311,186 | 169,334,480 | 157,811,984 | 142,388,569 |
Operating result | 17,857,949 | 23,820,535 | 29,235,659 | 12,801,113 |
Financial income/costs | 163,780 | 606,739 | -563,917 | -65,363 |
Profit before tax | 18,021,730 | 24,427,274 | 28,671,742 | 12,735,750 |
Total tax & extraordinary income/cost | 4,152,880 | 5,565,356 | 6,451,104 | 2,874,555 |
Annual Total Result | 13,868,850 | 18,861,918 | 22,220,638 | 9,861,195 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 6,329,326 | 9,229,780 | 10,238,695 | 12,707,102 |
Total current assets | 157,374,070 | 160,151,386 | 181,419,908 | 133,860,288 |
Total assets | 163,703,396 | 169,381,166 | 191,658,603 | 146,567,390 |
Short term debt | 147,935,292 | 141,825,032 | 161,332,189 | 130,911,482 |
Long term debt | 3,613,493 | 3,270,372 | 2,402,569 | 1,952,701 |
Total liabilities | 151,548,785 | 145,095,403 | 163,734,758 | 132,864,183 |
Contributed capital | 1,500,000 | 1,500,000 | 1,500,000 | 1,500,000 |
Retained earnings | 10,654,612 | 22,785,762 | 26,423,844 | 12,203,207 |
Total equity | 12,154,612 | 24,285,762 | 27,923,844 | 13,703,207 |
Total equity and liabilities | 163,703,396 | 169,381,166 | 191,658,603 | 146,567,390 |
Classification
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
52
Activity
Warehousing and support activities for transportation
52.2
Main industrial group
Support activities for transportation
52.22
Industrial group
Service activities incidental to water transportation
52.229
Industrial group
Other services incidental to water transportation