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ISLAND OFFSHORE VIII KS987 156 805

Shipping
Limited partnership
Stålhaugen 9 6065 ULSTEINVIK, Norge
Transport
/ Shipping
/ 50.203 Tugs

ISLAND OFFSHORE VIII KS

Operating
Drive rederivirksomhet.
Eie og drive nybygg nr. 33, et plattform-supplyskip av typen UT 755L, levert fra Brevik Construction AS i januar 2005.

Keywords

transporttugtugsshipsbargesfloating installations

Organization

Chairman of the board
MU

Morten Ulstein1953

Years since formation
22 years
since Sep 21, 2004
Type
Limited partnership
VAT registered
Yes
Number of employees
0

Financials

Total operating income 2025
467,321,556
NOK
Annual total result 2025
113,508,894
NOK
Total equity 2025
965,239,945
NOK
Last update: Jul 15, 2026

Management

Board

NameRoleShares
MU

Morten Ulstein

1953

Chairman-
I
ISLAND OFFSHORE VIII AS
General Partner-
GJ

Gary J Chouest

1944

Board Member-
HU

Håvard Ulstein

1959

Alternate Member-
DD

Dino David Chouest

1969

Alternate Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
H
HASUND AS
Accountant-
Last update: Jan 29, 2025

Ownership

No available data

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
467,321,556
469,422,898
420,159,362
370,331,940
384,403,582
Annual Total Result
113,508,894
67,523,065
397,866,553
-43,723,710
65,691,105
Total assets
1,473,025,596
1,691,785,880
1,738,338,828
1,487,045,207
1,547,719,087
Total liabilities
507,785,651
715,054,828
829,130,841
975,703,774
992,653,944
Total equity
965,239,945
976,731,052
909,207,987
511,341,433
555,065,143

P&L

Year20252024202320222021
Total operating income
467,321,556
469,422,898
420,159,362
370,331,940
384,403,582
Total operating costs
308,703,974
328,411,674
6,412,364
370,854,092
324,791,112
Operating result
158,617,582
141,011,224
413,746,998
-522,151
59,612,470
Financial income/costs
-45,108,689
-73,488,159
-15,880,445
-43,201,559
6,078,635
Profit before tax
113,508,894
67,523,065
397,866,553
-43,723,710
65,691,105
Total tax & extraordinary income/cost
0
0
0
0
0
Annual Total Result
113,508,894
67,523,065
397,866,553
-43,723,710
65,691,105

Balance overview

Year20252024202320222021
Total fixed assets
1,277,128,209
1,569,374,153
1,608,165,912
1,377,514,945
1,398,358,358
Total current assets
195,897,387
122,411,727
130,172,916
109,530,262
149,360,729
Total assets
1,473,025,596
1,691,785,880
1,738,338,828
1,487,045,207
1,547,719,087
Short term debt
82,718,551
11,510,808
24,269,325
33,842,418
13,793,116
Long term debt
0
0
0
0
0
Total liabilities
507,785,651
715,054,828
829,130,841
975,703,774
992,653,944
Contributed capital
541,149,355
541,149,355
541,149,355
541,149,355
541,149,355
Retained earnings
424,090,590
435,581,697
368,058,632
-29,807,922
13,915,788
Total equity
965,239,945
976,731,052
909,207,987
511,341,433
555,065,143
Total equity and liabilities
1,473,025,596
1,691,785,880
1,738,338,828
1,487,045,207
1,547,719,087

Classification

21st company classification
BETA
Industrial large enterprise
Category
Type of organization
Limited partnership
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2300
Private non-financial unincorporated 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
50.203
Industrial group
Tugs