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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

Operating
Videreforedling og salg av produkter basert på utnyttelse av alger og annen marine ressurser, samt rådgivningstjenester/FOU og annet som naturlig faller inn under dette.

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
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 2024
3,529,386
NOK
Annual total result 2024
-14,929,368
NOK
Total equity 2024
41,079,829
NOK
Last update: Oct 15, 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

21st company classification
BETA
Small company
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