GEOS MIDCO AS • 929339835 • Ålesund • Water transport

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/ 50.201 Freight ocean transport

GEOS MIDCO AS

Keywords

freight transportshipsforeign shipping

Organization

Chairman of the board: PI
Per Ivar Fagervoll1962
Years since formation: 3 years; since Jun 11, 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 2024: -16,277,565; NOK
Total equity 2024: 213,035,480; NOK

Last update: Jun 19, 2025

Management

Board

Name	Role	Shares
PI Per Ivar Fagervoll 1962	Chairman	1.37 % indirectly

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
A AZETS INSIGHT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
JH Jan Heggelund 1959	-	2.01 % indirectly
OM Ole Martin Ulstein 1988	-	1.81 % indirectly
OH Olav Hofstad Gunnes 1968	-	1.6 % indirectly
PI Per Ivar Fagervoll 1962	Chairman	1.37 % indirectly

Last update: Mar 22, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
G GOLDEN ENERGY OFFSHORE SERVICES ASA	Ordinary shares	30	100 %

Shares owned by the GEOS MIDCO AS

Name	Share class	Total number of shares	Share
E ENERGY SCOUT AS	Ordinary shares	10,000	100 %
E ENERGY EMPRESS AS	Ordinary shares	30	100 %
E ENERGY DUCHESS AS	Ordinary shares	30	100 %
E ENERGY PACE AS	Ordinary shares	30	100 %
E ENERGY PARTNER AS	Ordinary shares	30	100 %
E ENERGY PASSION AS	Ordinary shares	30	100 %
E ENERGY PARADISE AS	Ordinary shares	30	100 %
E ENERGY SUGAR AS	Ordinary shares	30	100 %
S SKANDIA GREENPOWER AS	NO0010931207	3,500	< 0.01 %
E ENERGEIA AS	NO0012697715	8,000	< 0.01 %

Last update: Jun 2, 2025

Group structure

GOLDEN ENERGY OFFSHORE SERVICES ASA
Total operating income 2023: NOK 0
Operating profit 2023: NOK -26,440,000
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022
Total operating income	0	0	0
Annual Total Result	-16,277,565	-22,678,415	62,120,163
Total assets	230,138,366	244,749,108	373,606,332
Total liabilities	17,102,887	2,179,290	311,461,709
Total equity	213,035,480	242,569,818	62,144,623

P&L

Year	2024	2023	2022
Total operating income	0	0	0
Total operating costs	140,515	87,509	10,030
Operating result	-140,515	-87,509	-10,030
Financial income/costs	-12,397,960	-22,590,906	62,130,193
Profit before tax	-12,538,475	-22,678,415	62,120,163
Total tax & extraordinary income/cost	3,739,090	0	0
Annual Total Result	-16,277,565	-22,678,415	62,120,163

Balance overview

Year	2024	2023	2022
Total fixed assets	13,438,136	9,759,109	13,395,636
Total current assets	216,700,230	234,989,999	360,210,696
Total assets	230,138,366	244,749,108	373,606,332
Short term debt	17,102,887	2,179,290	4,490,261
Long term debt	0	0	306,971,448
Total liabilities	17,102,887	2,179,290	311,461,709
Contributed capital	203,128,071	203,128,071	24,460
Retained earnings	9,907,409	39,441,748	62,120,163
Total equity	213,035,480	242,569,818	62,144,623
Total equity and liabilities	230,138,366	244,749,108	373,606,332

Classification

Category

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

50.201

Industrial group

Freight ocean transport