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N

NORTH SEA SHIPPING AS980 064 689

Services for oil and gas
Limited company
Kvaløya 18 5385 BAKKASUND, Norge

NORTH SEA SHIPPING AS

Keywords

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

Organization

CEO
Chairman of the board
Years since formation
27 years
since Aug 29, 1998
Type
Limited company
VAT registered
Yes
Number of employees
16

Ownership

Number of shares and share classes
500
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
321,446,404
NOK
Annual total result 2024
53,090
NOK
Total equity 2024
16,917,465
NOK
Last update: Jun 3, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-
Board Member-
Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
D
DEFACTO REGNSKAP AS
Accountant-
Last update: Jun 24, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
Ordinary shares
500
100 %

Shares owned by the NORTH SEA SHIPPING AS

NameShare classTotal number of sharesShare
N
NORTH SEA OFFSHORE AS
Ordinary shares
100
100 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year2024202320222021
Total operating income
321,446,404
259,807,347
166,687,351
22,141,548
Annual Total Result
53,090
1,084,461
103,184
-5,369,712
Total assets
78,369,693
101,221,903
54,081,903
33,687,529
Total liabilities
61,452,228
84,357,528
38,301,989
27,485,732
Total equity
16,917,465
16,864,375
15,779,914
6,201,797

P&L

Year2024202320222021
Total operating income
321,446,404
259,807,347
166,687,351
22,141,548
Total operating costs
318,758,074
257,047,501
166,652,039
28,964,105
Operating result
2,688,329
2,759,846
35,312
-6,822,557
Financial income/costs
-2,549,178
-1,310,203
150,984
-53,590
Profit before tax
139,151
1,449,643
186,296
-6,876,147
Total tax & extraordinary income/cost
86,061
365,182
83,112
-1,506,435
Annual Total Result
53,090
1,084,461
103,184
-5,369,712

Balance overview

Year2024202320222021
Total fixed assets
19,813,205
19,899,266
20,221,781
22,074,108
Total current assets
58,556,489
81,322,637
33,860,122
11,613,421
Total assets
78,369,693
101,221,903
54,081,903
33,687,529
Short term debt
61,452,228
84,357,528
38,301,989
27,485,732
Long term debt
0
0
0
0
Total liabilities
61,452,228
84,357,528
38,301,989
27,485,732
Contributed capital
6,912,014
6,912,014
6,912,014
6,912,014
Retained earnings
10,005,451
9,952,361
8,867,900
-710,217
Total equity
16,917,465
16,864,375
15,779,914
6,201,797
Total equity and liabilities
78,369,693
101,221,903
54,081,903
33,687,529

Classification

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
B
Main industrial area
Mining and quarrying
09
Activity
Mining support service activities
09.1
Main industrial group
Support activities for petroleum and natural gas extraction
09.10
Industrial group
Support activities for petroleum and natural gas extraction
09.109
Industrial group
Other support activities for petroleum and natural gas extraction