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
- Chairman of the board
- GL
- Years since formation
- 10 years
- since Oct 25, 2016
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 675,966
- 1 share class
- Total number of shareholders
- 4
- companies
Financials
- Total operating income 2025
- 2,860,273
- NOK
- Annual total result 2025
- -20,876,959
- NOK
- Total equity 2025
- 20,202,869
- NOK
Last update: Oct 21, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TB | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
GL | Chairman | - |
MA | Board Member | - |
KA | Board Member | - |
MA | Board Member | - |
JC | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - | |
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
PH | - | 2.07 % indirectly |
Last update: Aug 18, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 108,728 | 16.08 % | |
| Ordinary shares | 32,825 | 4.86 % | |
| Ordinary shares | 23,858 | 3.53 % | |
| Ordinary shares | 4,975 | 0.74 % |
Shares owned by the POLAR ALGAE AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 3.23 % |
Last update: Sep 25, 2026
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 2,860,273 | 3,529,386 | 1,788,803 | 1,720,000 | 934,869 |
Annual Total Result | -20,876,959 | -14,929,368 | -6,029,083 | -2,626,468 | -776,206 |
Total assets | 53,373,264 | 60,127,634 | 26,036,953 | 13,396,922 | 2,945,491 |
Total liabilities | 33,170,394 | 19,047,806 | 15,584,950 | 915,876 | -161,675 |
Total equity | 20,202,869 | 41,079,829 | 10,452,003 | 12,481,046 | 3,107,166 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 2,860,273 | 3,529,386 | 1,788,803 | 1,720,000 | 934,869 |
Total operating costs | 22,134,770 | 17,404,795 | 7,455,604 | 4,341,201 | 1,712,676 |
Operating result | -19,274,497 | -13,875,409 | -5,666,801 | -2,621,201 | -777,807 |
Financial income/costs | -1,602,462 | -1,053,959 | -362,281 | -5,267 | 1,601 |
Profit before tax | -20,876,959 | -14,929,368 | -6,029,083 | -2,626,468 | -776,206 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 | 0 |
Annual Total Result | -20,876,959 | -14,929,368 | -6,029,083 | -2,626,468 | -776,206 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 44,589,421 | 25,023,053 | 19,463,717 | 7,239,640 | 759,429 |
Total current assets | 8,783,843 | 35,104,581 | 6,573,236 | 6,157,282 | 2,186,062 |
Total assets | 53,373,264 | 60,127,634 | 26,036,953 | 13,396,922 | 2,945,491 |
Short term debt | 5,597,809 | 2,595,961 | 2,672,262 | 915,876 | -161,675 |
Long term debt | 0 | 16,451,845 | 12,912,688 | 0 | 0 |
Total liabilities | 33,170,394 | 19,047,806 | 15,584,950 | 915,876 | -161,675 |
Contributed capital | 67,924,008 | 67,924,008 | 22,366,815 | 18,366,775 | 6,366,427 |
Retained earnings | -47,721,138 | -26,844,179 | -11,914,811 | -5,885,729 | -3,259,261 |
Total equity | 20,202,869 | 41,079,829 | 10,452,003 | 12,481,046 | 3,107,166 |
Total equity and liabilities | 53,373,264 | 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