ARCTIC OFFSHORE RIG AS
Organization
- CEO
- AE
Andreas Elton1970
- Chairman of the board
- KR
- Years since formation
- 4 years
- since Mar 2, 2021
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 6
Ownership
- Number of shares and share classes
- 54,348
- 1 share class
- Total number of shareholders
- 3
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 53,787,635
- NOK
- Annual total result 2024
- 14,760,322
- NOK
- Total equity 2024
- 8,059,009
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AE 1970 | Managing Director/CEO | 8.24 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
KR | Chairman | 1.12 % indirectly |
PB 1963 | Board Member | 6.63 % indirectly |
AE | Board Member | 4.21 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TM 1943 | - | 28.34 % indirectly |
MH | - | 12.66 % indirectly |
AE 1970 | Managing Director/CEO | 8.24 % indirectly |
| - | 7.76 % indirectly | |
PB 1963 | Board Member | 6.63 % indirectly |
AE | Board Member | 4.21 % indirectly |
JG | - | 4.18 % indirectly |
IL 1963 | - | 2.2 % indirectly |
KS | - | 1.85 % indirectly |
KR | - | 1.51 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 46,196 | 85 % | |
| Ordinary shares | 4,076 | 7.5 % | |
| Ordinary shares | 4,076 | 7.5 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 1,275,928,894Operating profit 2024: NOK 158,164,355Employees: 184
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2020 |
|---|---|---|---|---|
Total operating income | 53,787,635 | 5,597,775 | 126,455,283 | 7,934,745 |
Annual Total Result | 14,760,322 | -5,562,205 | 38,153,130 | -2,291,482 |
Total assets | 37,041,408 | 5,306,807 | 102,978,030 | 16,132,315 |
Total liabilities | 28,982,399 | 6,573,319 | 98,682,337 | 15,750,512 |
Total equity | 8,059,009 | -1,266,512 | 4,295,693 | 381,803 |
P&L
| Year | 2024 | 2023 | 2022 | 2020 |
|---|---|---|---|---|
Total operating income | 53,787,635 | 5,597,775 | 126,455,283 | 7,934,745 |
Total operating costs | 35,669,423 | 13,862,038 | 69,788,293 | 10,759,179 |
Operating result | 18,118,212 | -8,264,263 | 56,666,990 | -2,824,434 |
Financial income/costs | 1,021,525 | 1,370,914 | -5,879,567 | -63,662 |
Profit before tax | 19,139,737 | -6,893,349 | 50,787,422 | -2,888,096 |
Total tax & extraordinary income/cost | 4,379,415 | -1,331,144 | 12,634,292 | -596,614 |
Annual Total Result | 14,760,322 | -5,562,205 | 38,153,130 | -2,291,482 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2020 |
|---|---|---|---|---|
Total fixed assets | 10,119 | 1,345,057 | 17,708 | 13,089,109 |
Total current assets | 37,031,289 | 3,961,749 | 102,960,322 | 3,043,205 |
Total assets | 37,041,408 | 5,306,807 | 102,978,030 | 16,132,315 |
Short term debt | 28,982,399 | 6,573,319 | 98,682,337 | 1,183,426 |
Long term debt | 0 | 0 | 0 | 14,567,085 |
Total liabilities | 28,982,399 | 6,573,319 | 98,682,337 | 15,750,512 |
Contributed capital | 1,614,348 | 1,614,348 | 1,614,348 | 1,614,348 |
Retained earnings | 6,444,661 | -2,880,860 | 2,681,345 | -1,232,545 |
Total equity | 8,059,009 | -1,266,512 | 4,295,693 | 381,803 |
Total equity and liabilities | 37,041,408 | 5,306,807 | 102,978,030 | 16,132,315 |
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