OLYMPIC OFFSHORE 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: 11 years; since Nov 25, 2014
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 101; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Annual total result 2024: 270,662,882; NOK
Total equity 2024: 418,733,839; NOK

Last update: Sep 9, 2025

Management

Board

Name	Role	Shares
SR Stig Rune Remøy 1959	Chairman	69.4 % indirectly
RH Renathe Helene Nesseth 1974	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
SR Stig Rune Remøy 1959	Chairman	69.4 % indirectly
BI Bjørn Inge Kvalsund 1953	-	4.68 % indirectly
PP Pål P Huse 1947	-	1.18 % indirectly

Last update: Oct 4, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
O OLYMPIC SUBSEA SHIPHOLDING AS	Ordinary shares	101	100 %

Shares owned by the OLYMPIC OFFSHORE AS

Name	Share class	Total number of shares	Share
O OLYMPIC TAURUS AS	Ordinary shares	100	100 %
O OLYMPIC DELTA AS	Ordinary shares	100	100 %
O OLYMPIC ARTEMIS AS	Ordinary shares	100	100 %
O OLYMPIC ARES AS	Ordinary shares	10	100 %
O OLYMPIC CHALLENGER AS	Ordinary shares	1,950	65 %

Last update: Jun 2, 2025

Group structure

OLYMPIC GROUP AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -3,666,198
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Annual Total Result	270,662,882	79,096,058	98,157,920	-142,967
Total assets	552,589,500	289,579,974	95,293,013	3,044,328
Total liabilities	133,855,661	141,509,017	140,818,114	147,000,876
Total equity	418,733,839	148,070,957	-45,525,101	-143,956,548

P&L

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Total operating costs	70,434	108,235	326,247	90,529
Operating result	-70,434	-108,235	-326,247	-90,529
Financial income/costs	270,733,316	79,204,293	98,484,167	-52,439
Profit before tax	270,662,882	79,096,058	98,157,920	-142,967
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	270,662,882	79,096,058	98,157,920	-142,967

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	552,589,500	280,613,500	86,309,500	19,500
Total current assets	0	8,966,474	8,983,513	3,024,828
Total assets	552,589,500	289,579,974	95,293,013	3,044,328
Short term debt	133,855,661	14,509,017	13,818,114	20,000,876
Long term debt	0	127,000,000	127,000,000	127,000,000
Total liabilities	133,855,661	141,509,017	140,818,114	147,000,876
Contributed capital	116,520,000	116,520,000	2,020,000	2,020,000
Retained earnings	302,213,839	31,550,957	-47,545,101	-145,976,548
Total equity	418,733,839	148,070,957	-45,525,101	-143,956,548
Total equity and liabilities	552,589,500	289,579,974	95,293,013	3,044,328

OLYMPIC OFFSHORE AS814 520 862