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P

POLAR ALGAE AS917 875 146

Ocean Aquaculture
Limited company
Havneveien 50 9610 RYPEFJORD, Norge

POLAR ALGAE AS

Keywords

productionaquatic organismsseacoastslaughter

Organization

Chairman of the board
Years since formation
9 years
since Oct 25, 2016
Type
Limited company
VAT registered
Yes
Number of employees
17

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 2023
1,788,803
NOK
Annual total result 2023
-6,029,083
NOK
Total equity 2023
10,452,003
NOK
Last update: May 12, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

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

Others

NameRoleShares
A
ASKUS NORD AS
Accountant-

Top 10 individual shareholders

NameRoleShares
-
3.51 %
indirectly
-
1.57 %
indirectly
Last update: Feb 18, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
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
Ordinary shares
100
3.23 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year202320222021
Total operating income
1,788,803
1,720,000
934,869
Annual Total Result
-6,029,083
-2,626,468
-776,206
Total assets
26,036,953
13,396,922
2,945,491
Total liabilities
15,584,950
915,876
-161,675
Total equity
10,452,003
12,481,046
3,107,166

P&L

Year202320222021
Total operating income
1,788,803
1,720,000
934,869
Total operating costs
7,455,604
4,341,201
1,712,676
Operating result
-5,666,801
-2,621,201
-777,807
Financial income/costs
-362,281
-5,267
1,601
Profit before tax
-6,029,083
-2,626,468
-776,206
Total tax & extraordinary income/cost
0
0
0
Annual Total Result
-6,029,083
-2,626,468
-776,206

Balance overview

Year202320222021
Total fixed assets
19,463,717
7,239,640
759,429
Total current assets
6,573,236
6,157,282
2,186,062
Total assets
26,036,953
13,396,922
2,945,491
Short term debt
2,672,262
915,876
-161,675
Long term debt
12,912,688
0
0
Total liabilities
15,584,950
915,876
-161,675
Contributed capital
22,366,815
18,366,775
6,366,427
Retained earnings
-11,914,811
-5,885,729
-3,259,261
Total equity
10,452,003
12,481,046
3,107,166
Total equity and liabilities
26,036,953
13,396,922
2,945,491

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
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