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POLAR ALGAE AS917 875 146

Ocean Aquaculture
Limited company
Havneveien 50 9610 RYPEFJORD, Norge
Primary sector
/ Ocean Aquaculture
/ 03.211 Operation of marine fish farms

POLAR ALGAE AS

Keywords

productionaquatic organismsseacoastslaughter

Organization

CEO
TB

Trine Bredal Hauan1970

Chairman of the board
GL

Guillermo Luengo Egido1991

Years since formation
9 years
since Oct 25, 2016
Type
Limited company
VAT registered
Yes
Number of employees
18

Ownership

Number of shares and share classes
399,678
1 share class
Total number of shareholders
5
4 companies, 1 person

Financials

Total operating income 2024
3,529,386
NOK
Annual total result 2024
-14,929,368
NOK
Total equity 2024
41,079,829
NOK
Last update: Aug 18, 2025

Management

Management / administration

NameRoleShares
TB

Trine Bredal Hauan

1970

Managing Director/CEO-

Board

NameRoleShares
MA

Morits Alexander Skaugen

1993

Board Member-
KA

Kjartan Andre Mikalsen

1973

Board Member-
GL

Guillermo Luengo Egido

1991

Chairman-
MA

Miguel Angel Fraj Gascon

1961

Board Member-
JC

Juan Carlos Pardos Alda

1961

Board Member-

Others

NameRoleShares
A
ASKUS NORD AS
Accountant-
F
FINNMARKSREVISJON AS
Auditor-

Top 10 individual shareholders

NameRoleShares
CG

Caroline Greiner Haukeland

1975

-
3.51 %
indirectly
AN

Arnold Nikolai Paus Haukeland

1984

-
1.57 %
indirectly
Last update: Aug 18, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
AY

Agricola Y Minero Sa Desarrollo

Ordinary shares
229,292
57.37 %
N
NORSEA POLARBASE AS
Ordinary shares
108,728
27.2 %
I
INDUSTRI INVEST NORD AS
Ordinary shares
32,825
8.21 %
V
VERDENS NORDLIGSTE AS
Ordinary shares
23,858
5.97 %
A
ARCTIC OCEAN GARDEN AS
Ordinary shares
4,975
1.24 %

Shares owned by the POLAR ALGAE AS

NameShare classTotal number of sharesShare
N
NORWEGIAN SEAWEED ASSOCIATION AS
Ordinary shares
100
3.23 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
Total operating income
3,529,386
1,788,803
1,720,000
934,869
Annual Total Result
-14,929,368
-6,029,083
-2,626,468
-776,206
Total assets
60,127,634
26,036,953
13,396,922
2,945,491
Total liabilities
19,047,806
15,584,950
915,876
-161,675
Total equity
41,079,829
10,452,003
12,481,046
3,107,166

P&L

Year2024202320222021
Total operating income
3,529,386
1,788,803
1,720,000
934,869
Total operating costs
17,404,795
7,455,604
4,341,201
1,712,676
Operating result
-13,875,409
-5,666,801
-2,621,201
-777,807
Financial income/costs
-1,053,959
-362,281
-5,267
1,601
Profit before tax
-14,929,368
-6,029,083
-2,626,468
-776,206
Total tax & extraordinary income/cost
0
0
0
0
Annual Total Result
-14,929,368
-6,029,083
-2,626,468
-776,206

Balance overview

Year2024202320222021
Total fixed assets
25,023,053
19,463,717
7,239,640
759,429
Total current assets
35,104,581
6,573,236
6,157,282
2,186,062
Total assets
60,127,634
26,036,953
13,396,922
2,945,491
Short term debt
2,595,961
2,672,262
915,876
-161,675
Long term debt
16,451,845
12,912,688
0
0
Total liabilities
19,047,806
15,584,950
915,876
-161,675
Contributed capital
67,924,008
22,366,815
18,366,775
6,366,427
Retained earnings
-26,844,179
-11,914,811
-5,885,729
-3,259,261
Total equity
41,079,829
10,452,003
12,481,046
3,107,166
Total equity and liabilities
60,127,635
26,036,953
13,396,922
2,945,491

Classification

Category
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
A
Main industrial area
Agriculture, forestry and fishing
03
Activity
Fishing and aquaculture
03.2
Main industrial group
Aquaculture
03.21
Industrial group
Marine aquaculture
03.211
Industrial group
Operation of marine fish farms