OLYMPIC ARTEMIS AS

Olympic Subsea • Olympic Subsea ASA

We have only just begun to explore the depths of the ocean. We invite you to join us on this exciting journey.

Keywords

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

Organization

Chairman of the board: SR
Stig Rune Remøy1959
Years since formation: 10 years; since Dec 15, 2014
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 87,787,978; NOK
Annual total result 2023: 42,442,961; NOK
Total equity 2023: 39,102,256; NOK

Last update: Aug 29, 2024

Management

Board

Name	Role	Shares
SR Stig Rune Remøy 1959	Chairman	-
RH Renathe Helene Nesseth 1974	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-

Last update: Oct 4, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
O OLYMPIC OFFSHORE AS	Ordinary shares	100	100 %

Last update: May 24, 2024

Group structure

OLYMPIC GROUP AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -1,544,468
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	87,787,978	30,772,500	18,744,417
Annual Total Result	42,442,961	56,641,121	-11,337,656
Total assets	316,728,934	311,145,894	256,895,812
Total liabilities	277,626,678	314,486,599	316,877,638
Total equity	39,102,256	-3,340,705	-59,981,826

P&L

Year	2023	2022	2021
Total operating income	87,787,978	30,772,500	18,744,417
Total operating costs	26,178,802	-39,692,613	17,858,179
Operating result	61,609,177	70,465,113	886,237
Financial income/costs	-19,166,216	-13,823,991	-12,223,893
Profit before tax	42,442,961	56,641,121	-11,337,656
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	42,442,961	56,641,121	-11,337,656

Balance overview

Year	2023	2022	2021
Total fixed assets	293,663,000	288,084,000	245,052,000
Total current assets	23,065,934	23,061,894	11,843,812
Total assets	316,728,934	311,145,894	256,895,812
Short term debt	15,691,699	20,298,899	9,661,547
Long term debt	261,934,979	294,187,700	307,216,091
Total liabilities	277,626,678	314,486,599	316,877,638
Contributed capital	1,000,000	1,000,000	1,000,000
Retained earnings	38,102,256	-4,340,705	-60,981,826
Total equity	39,102,256	-3,340,705	-59,981,826
Total equity and liabilities	316,728,934	311,145,894	256,895,812

OLYMPIC ARTEMIS AS914 612 055