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I

ISLAND OFFSHORE VIII KS987 156 805

Shipping
Limited partnership
Stålhaugen 9 6065 ULSTEINVIK, Norge
Transport
/ Shipping
/ 50.204 Supply and other sea transport offshore services

ISLAND OFFSHORE VIII KS

Keywords

offshoresupplyservice servicessea transporttechnical personnelfloating installationsequipmentgoodsoffshore operations

Organization

Chairman of the board
MU

Morten Ulstein1953

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

Financials

Total operating income 2024
469,422,898
NOK
Annual total result 2024
67,523,065
NOK
Total equity 2024
976,731,052
NOK
Last update: Jun 28, 2025

Management

Board

NameRoleShares
MM

Mai-Britt Myklebust

1969

Contact Person-
I
ISLAND OFFSHORE VIII AS
General Partner-
MU

Morten Ulstein

1953

Chairman-
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

Year2024202320222021
Total operating income
469,422,898
420,159,362
370,331,940
384,403,582
Annual Total Result
67,523,065
397,866,553
-43,723,710
65,691,105
Total assets
1,691,785,880
1,738,338,828
1,487,045,207
1,547,719,087
Total liabilities
715,054,828
829,130,841
975,703,774
992,653,944
Total equity
976,731,052
909,207,987
511,341,433
555,065,143

P&L

Year2024202320222021
Total operating income
469,422,898
420,159,362
370,331,940
384,403,582
Total operating costs
328,411,674
6,412,364
370,854,092
324,791,112
Operating result
141,011,224
413,746,998
-522,151
59,612,470
Financial income/costs
-73,488,159
-15,880,445
-43,201,559
6,078,635
Profit before tax
67,523,065
397,866,553
-43,723,710
65,691,105
Total tax & extraordinary income/cost
0
0
0
0
Annual Total Result
67,523,065
397,866,553
-43,723,710
65,691,105

Balance overview

Year2024202320222021
Total fixed assets
1,569,374,153
1,608,165,912
1,377,514,945
1,398,358,358
Total current assets
122,411,727
130,172,916
109,530,262
149,360,729
Total assets
1,691,785,880
1,738,338,828
1,487,045,207
1,547,719,087
Short term debt
11,510,808
24,269,325
33,842,418
13,793,116
Long term debt
0
0
0
0
Total liabilities
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
Retained earnings
435,581,697
368,058,632
-29,807,922
13,915,788
Total equity
976,731,052
909,207,987
511,341,433
555,065,143
Total equity and liabilities
1,691,785,880
1,738,338,828
1,487,045,207
1,547,719,087

Classification

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
50.204
Industrial group
Supply and other sea transport offshore services