VESTLAND MANAGEMENT AS

Vestland Offshore - Offshore Management Company

Welcome to the website of Vestland Offshore, an Offshore Management company, part of the OSM Maritime Group.

Keywords

consultingguidanceassistancemanagement issuesstrategicorganizationalreorganizationbusiness procedureschange managementcost reductionpersonnelremunerationpension strategiesproduction planningcontrol planninglobbyingaccounting procedurescost accountingbudget control proceduresrationalizationcontrolmanagement information

Organization

CEO: MS
Morten Lunde Sejrup1980
Chairman of the board: MA
Morten Andre Amundsen1978
Years since formation: 15 years; since Apr 6, 2009
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 1; person
Belongs to group of

Financials

Total operating income 2023: 27,401,869; NOK
Annual total result 2023: 2,812,662; NOK
Total equity 2023: 2,209,185; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
MS Morten Lunde Sejrup 1980	Managing Director/CEO	-

Board

Name	Role	Shares
MA Morten Andre Amundsen 1978	Chairman	-
ØH Øyvind Haddeland 1977	Board Member	-
MS Morten Lunde Sejrup 1980	Board Member	-

Others

Name	Role	Shares
R RSM NORGE AS	Auditor	-

Last update: Jan 15, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
O Optimum Maritime Holdings Ltd	Ordinary shares	100	100 %

Shares owned by the VESTLAND MANAGEMENT AS

Name	Share class	Number of shares	Share
V VESTLAND MARINE CREW AS	Ordinary shares	100	100 %

Last update: May 24, 2024

Group structure

VESTLAND MANAGEMENT AS
Total operating income 2023: NOK 27,401,869
Operating profit 2023: NOK 3,137,551
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	27,401,869	34,401,160	51,982,268
Annual Total Result	2,812,662	715,531	4,744,445
Total assets	17,206,205	11,772,769	19,833,326
Total liabilities	14,997,020	11,554,194	19,652,594
Total equity	2,209,185	218,575	180,733

P&L

Year	2023	2022	2021
Total operating income	27,401,869	34,401,160	51,982,268
Total operating costs	24,264,318	33,263,889	45,725,348
Operating result	3,137,551	1,137,271	6,256,920
Financial income/costs	468,426	-218,096	-171,948
Profit before tax	3,605,977	919,175	6,084,972
Total tax & extraordinary income/cost	793,315	203,644	1,340,527
Annual Total Result	2,812,662	715,531	4,744,445

Balance overview

Year	2023	2022	2021
Total fixed assets	192,317	237,045	154,907
Total current assets	17,013,888	11,535,724	19,678,419
Total assets	17,206,205	11,772,769	19,833,326
Short term debt	14,997,020	11,554,194	19,652,594
Long term debt	0	0	0
Total liabilities	14,997,020	11,554,194	19,652,594
Contributed capital	100,000	100,000	100,000
Retained earnings	2,109,185	118,575	80,733
Total equity	2,209,185	218,575	180,733
Total equity and liabilities	17,206,205	11,772,769	19,833,326

VESTLAND MANAGEMENT AS993 945 757