COAST SEAFOOD AS • 971003936 • Måløy • Wholesale trade, except of motor vehicles and motorcycles

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Goods and trade

/ Purchase and sale

COAST SEAFOOD AS

Keywords

fishcrustaceansmolluscs

Organization

CEO: SS
Sverre Søraa1964
Chairman of the board: OP
Ole-Alexander Hesby Palm1984
Years since formation: 29 years; since Feb 20, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 48

Ownership

Number of shares and share classes: 14,130,000; 1 share class
Total number of shareholders: 4; companies
Belongs to group of

Financials

Total operating income 2023: 5,897,322,000; NOK
Annual total result 2023: 77,107,000; NOK
Total equity 2023: 771,647,000; NOK

Last update: Sep 12, 2024

Management

Management / administration

Name	Role	Shares
SS Sverre Søraa 1964	Managing Director/CEO	4.53 % indirectly

Board

Name	Role	Shares
OP Ole-Alexander Hesby Palm 1984	Chairman	-
OM Odd Martin Øvrebø 1967	Board Member	4.53 % indirectly
SS Sverre Søraa 1964	Board Member	4.53 % indirectly

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
A AZETS INSIGHT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
HS Henrik Søraa 2001	-	13.6 % indirectly
LS Line Søraa 1994	-	13.6 % indirectly
ES Eirik Søraa 1991	-	13.6 % indirectly
FØ Filip Bakke Øvrebø 2000	-	13.6 % indirectly
SØ Sara Bakke Øvrebø 1998	-	13.6 % indirectly
KØ Kasper Bakke Øvrebø 2004	-	13.6 % indirectly
SS Sverre Søraa 1964	Managing Director/CEO, Board Member	4.53 % indirectly
OM Odd Martin Øvrebø 1967	Board Member	4.53 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
M MAAN INVEST AS	Ordinary shares	6,405,333	45.33 %
E EILI INVEST AS	Ordinary shares	6,405,333	45.33 %
C COAST SEAFOOD AS	Ordinary shares	1,307,334	9.25 %
S SJØTROLL HAVBRUK AS	Ordinary shares	12,000	0.08 %

Shares owned by the COAST SEAFOOD AS

Name	Share class	Number of shares	Share
C COAST RETAIL AS	Ordinary shares	1,000	100 %
S SOTRA SEAFOOD AS	Ordinary shares	50	100 %
S SOTRA FISKEINDUSTRI AS	Ordinary shares	4,550	100 %
M MAALØY SEAFOOD AS	Ordinary shares	11,000	100 %
C COAST CORPORATE SERVICES AS	Ordinary shares	750	100 %
C COAST SEAFOOD USA AS	Ordinary shares	2,000	100 %
C COAST INVEST AS	Ordinary shares	15,000	100 %
C COASTLINE PROPERTY AS	Ordinary shares	50,000	50 %
B BLOM FISKEOPPDRETT AS	Ordinary shares	553,060	34 %
N NORDFJORDBADET INVEST AS	Class B shares	123,000	21.63 %
C COAST SEAFOOD AS	Ordinary shares	1,307,334	9.25 %
K KRAFTSTASJONEN RESTAURANT & KOLONIAL AS	Ordinary shares	20,000	4.76 %
M MÅLØY VEKST AS	Class B shares	39	4.59 %
M MÅLØY SPISKAMMERS AS	Ordinary shares	1,500	2.5 %
M MÅLØY VEKST FIBER AS	Ordinary shares	1	2 %
O OPPLÆRINGSFARTØY AS	Ordinary shares	5	0.64 %
K KYSTVEGEN MÅLØY- FLORØ AS	Ordinary shares	5	0.37 %

Last update: May 24, 2024

Group structure

COAST SEAFOOD AS
Total operating income 2023: NOK 5,897,322,000
Operating profit 2023: NOK 85,443,000
Employees: 48

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	5,897,322,000	5,786,959,000	4,791,786,000
Annual Total Result	77,107,000	76,163,000	64,627,000
Total assets	1,467,777,000	1,328,568,000	1,185,416,000
Total liabilities	696,130,000	634,027,000	567,037,000
Total equity	771,647,000	694,541,000	618,379,000

P&L

Year	2023	2022	2021
Total operating income	5,897,322,000	5,786,959,000	4,791,786,000
Total operating costs	5,811,879,000	5,707,918,000	4,726,045,000
Operating result	85,443,000	79,041,000	65,741,000
Financial income/costs	13,195,000	16,241,000	15,123,000
Profit before tax	98,638,000	95,282,000	80,864,000
Total tax & extraordinary income/cost	21,531,000	19,119,000	16,237,000
Annual Total Result	77,107,000	76,163,000	64,627,000

Balance overview

Year	2023	2022	2021
Total fixed assets	527,118,000	385,273,000	376,542,000
Total current assets	940,659,000	943,295,000	808,874,000
Total assets	1,467,777,000	1,328,568,000	1,185,416,000
Short term debt	623,750,000	633,011,000	565,957,000
Long term debt	72,380,000	1,016,000	1,080,000
Total liabilities	696,130,000	634,027,000	567,037,000
Contributed capital	44,693,000	44,693,000	44,693,000
Retained earnings	726,954,000	649,848,000	573,686,000
Total equity	771,647,000	694,541,000	618,379,000
Total equity and liabilities	1,467,777,000	1,328,568,000	1,185,416,000

Classification

Category

Goods and trade

/ Purchase and sale

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

G

Main industrial area

Wholesale and retail trade; repair of motor vehicles and motorcycles

46

Activity

Wholesale trade, except of motor vehicles and motorcycles

46.3

Main industrial group

Wholesale of food, beverages and tobacco

46.38

Industrial group

Wholesale of other food, including fish, crustaceans and molluscs

46.381

Industrial group

Wholesale of fish, crustaceans and molluscs