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BALESTRAND MARINE AS985 698 724

Shipping
Limited company
Agnavikhaugen 8 5724 STANGHELLE, Norge
Transport
/ Shipping
/ 50.202 Freight coastal transport

BALESTRAND MARINE AS

Keywords

freight transportvesselslocal shippingcoastal traffic

Organization

CEO
JH

Jan Henning Balestrand1972

Chairman of the board
JH

Jan Henning Balestrand1972

Years since formation
22 years
since May 19, 2003
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
550
1 share class
Total number of shareholders
2
persons
Belongs to group of

Financials

Total operating income 2024
1,312,000
NOK
Annual total result 2024
-254,772
NOK
Total equity 2024
9,235,476
NOK
Last update: Sep 9, 2025

Management

Management / administration

NameRoleShares
JH

Jan Henning Balestrand

1972

Managing Director/CEO
99.82 %
directly

Board

NameRoleShares
JH

Jan Henning Balestrand

1972

Chairman
99.82 %
directly
MB

Magnhild Balestrand

1974

Alternate Member-

Others

NameRoleShares
R
REVISJONS-PARTNER AS
Auditor-

Top 10 individual shareholders

NameRoleShares
JH

Jan Henning Balestrand

1972

Managing Director/CEO, Chairman
99.82 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
JH

Jan Henning Balestrand

1972

Ordinary shares
549
99.82 %
HT

Helge Tysse

1964

Ordinary shares
1
0.18 %

Shares owned by the BALESTRAND MARINE AS

NameShare classTotal number of sharesShare
J
JONSVOLLSGATEN 3 AS
Ordinary shares
182,073
100 %
V
VESTFRAKT SHIPPING AS
Ordinary shares
1,500,000
50 %
L
LIGHTHOUSE SHIP MANAGEMENT AS
Ordinary shares
33,333
33.33 %
Last update: Jun 2, 2025

Group structure

  • BALESTRAND MARINE AS
    Total operating income 2024: NOK 1,312,000
    Operating profit 2024: NOK -332,745
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
1,312,000
2,770,000
2,144,558
2,296,645
Annual Total Result
-254,772
1,043,962
35,054
892,106
Total assets
11,420,438
12,253,338
10,789,358
11,739,071
Total liabilities
2,184,962
2,149,595
1,229,577
1,836,869
Total equity
9,235,476
10,103,743
9,559,782
9,902,202

P&L

Year2024202320222021
Total operating income
1,312,000
2,770,000
2,144,558
2,296,645
Total operating costs
1,644,745
1,529,859
1,695,731
1,569,766
Operating result
-332,745
1,240,141
448,827
726,879
Financial income/costs
109,985
113,717
-282,701
348,033
Profit before tax
-222,760
1,353,858
166,126
1,074,913
Total tax & extraordinary income/cost
32,012
309,896
131,072
182,807
Annual Total Result
-254,772
1,043,962
35,054
892,106

Balance overview

Year2024202320222021
Total fixed assets
8,225,599
7,903,919
7,658,239
8,973,682
Total current assets
3,194,839
4,349,419
3,131,120
2,765,389
Total assets
11,420,438
12,253,338
10,789,358
11,739,071
Short term debt
2,184,961
2,149,594
1,216,140
1,264,453
Long term debt
0
0
13,436
572,416
Total liabilities
2,184,962
2,149,595
1,229,577
1,836,869
Contributed capital
181,500
181,500
181,500
181,500
Retained earnings
9,053,976
9,922,243
9,378,282
9,720,702
Total equity
9,235,476
10,103,743
9,559,782
9,902,202
Total equity and liabilities
11,420,438
12,253,338
10,789,358
11,739,071

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
50.202
Industrial group
Freight coastal transport