ALGEA AS
Operating
Algea - Algea is worldwide leader in manufacturing algae like Ascophyllum nodosum
Algea collects and processes algae like Ascophyllum nodosum to make extracts and phytocomplexes for use in agriculture, animal feed and now also in human consumption and cosmetics.
Fabrikkdrift, handel og skipsfart. Overtagelse av
interesser i andre foretagender.
Organization
- CEO
- OB
Ottorino Biondi1969
- Chairman of the board
- OB
Ottorino Biondi1969
- Years since formation
- 31 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 53
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2025
- 293,479,789
- NOK
- Annual total result 2025
- 34,218,308
- NOK
- Total equity 2025
- 312,680,949
- NOK
Last update: Sep 14, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
OB 1969 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
OB 1969 | Chairman | - |
AC | Board Member | - |
IL | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Jan 13, 2026
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Shares owned by the ALGEA AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Last update: Sep 25, 2026
Group structure
- Total operating income 2025: NOK 293,479,789Operating profit 2025: NOK 42,505,908Employees: 53
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 293,479,789 | 276,033,844 | 235,496,902 | 226,417,884 | 182,456,556 |
Annual Total Result | 34,218,308 | 47,948,954 | 31,813,090 | 25,102,702 | 15,171,972 |
Total assets | 377,074,989 | 343,671,517 | 293,515,253 | 272,109,974 | 227,790,549 |
Total liabilities | 64,394,040 | 65,451,451 | 63,238,106 | 75,514,185 | 54,793,254 |
Total equity | 312,680,949 | 278,220,066 | 230,277,147 | 196,595,790 | 172,997,295 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 293,479,789 | 276,033,844 | 235,496,902 | 226,417,884 | 182,456,556 |
Total operating costs | 250,973,881 | 220,246,610 | 198,038,688 | 197,827,770 | 165,923,535 |
Operating result | 42,505,908 | 55,787,234 | 37,458,213 | 28,590,114 | 16,533,021 |
Financial income/costs | 1,338,126 | 6,425,099 | 3,338,758 | 3,643,782 | 2,420,306 |
Profit before tax | 43,844,034 | 62,212,332 | 40,796,972 | 32,233,895 | 18,953,326 |
Total tax & extraordinary income/cost | 9,625,726 | 14,263,378 | 8,983,882 | 7,131,193 | 3,781,354 |
Annual Total Result | 34,218,308 | 47,948,954 | 31,813,090 | 25,102,702 | 15,171,972 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 146,135,040 | 129,241,744 | 131,526,804 | 124,595,735 | 113,178,034 |
Total current assets | 230,939,949 | 214,429,773 | 161,988,449 | 147,514,240 | 114,612,515 |
Total assets | 377,074,989 | 343,671,517 | 293,515,253 | 272,109,974 | 227,790,549 |
Short term debt | 58,685,449 | 58,849,877 | 56,321,837 | 64,371,952 | 47,175,652 |
Long term debt | 5,708,591 | 6,601,574 | 6,916,269 | 11,142,233 | 7,617,601 |
Total liabilities | 64,394,040 | 65,451,451 | 63,238,106 | 75,514,185 | 54,793,254 |
Contributed capital | 4,958,000 | 4,958,000 | 4,958,000 | 4,958,000 | 4,958,000 |
Retained earnings | 307,722,949 | 273,262,066 | 225,319,147 | 191,637,790 | 168,039,295 |
Total equity | 312,680,949 | 278,220,066 | 230,277,147 | 196,595,790 | 172,997,295 |
Total equity and liabilities | 377,074,989 | 343,671,517 | 293,515,253 | 272,109,974 | 227,790,549 |
Classification
21st company classification
BETA
Industrial large enterprise
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