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ALGEA AS910 116 940

Animal feed
Limited company
Omagata 78 6517 KRISTIANSUND N, Norge

ALGEA AS

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.

Keywords

productionfeedfeed mixtureslivestockconcentratedfeed supplements

Links

Organization

Chairman of the board
Years since formation
30 years
since Feb 19, 1995
Type
Limited company
VAT registered
Yes
Number of employees
55

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 2024
276,033,844
NOK
Annual total result 2024
47,948,954
NOK
Total equity 2024
278,220,066
NOK
Last update: Aug 12, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Board Member-
Chairman-
Board Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-
A
AIDER AS
Accountant-
Last update: Oct 25, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
Ordinary shares
1,000
100 %

Shares owned by the ALGEA AS

NameShare classTotal number of sharesShare
A
ALGEA HARVEST AS
Ordinary shares
1,000
100 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 276,033,844
    Operating profit 2024: NOK 55,787,234
    Employees: 55

Financials

in NOK

Summary

Year2024202320222021
Total operating income
276,033,844
235,496,902
226,417,884
182,456,556
Annual Total Result
47,948,954
31,813,090
25,102,702
15,171,972
Total assets
343,671,517
293,515,253
272,109,974
227,790,549
Total liabilities
65,451,451
63,238,106
75,514,185
54,793,254
Total equity
278,220,066
230,277,147
196,595,790
172,997,295

P&L

Year2024202320222021
Total operating income
276,033,844
235,496,902
226,417,884
182,456,556
Total operating costs
220,246,610
198,038,688
197,827,770
165,923,535
Operating result
55,787,234
37,458,213
28,590,114
16,533,021
Financial income/costs
6,425,099
3,338,758
3,643,782
2,420,306
Profit before tax
62,212,332
40,796,972
32,233,895
18,953,326
Total tax & extraordinary income/cost
14,263,378
8,983,882
7,131,193
3,781,354
Annual Total Result
47,948,954
31,813,090
25,102,702
15,171,972

Balance overview

Year2024202320222021
Total fixed assets
129,241,744
131,526,804
124,595,735
113,178,034
Total current assets
214,429,773
161,988,449
147,514,240
114,612,515
Total assets
343,671,517
293,515,253
272,109,974
227,790,549
Short term debt
58,849,877
56,321,837
64,371,952
47,175,652
Long term debt
6,601,574
6,916,269
11,142,233
7,617,601
Total liabilities
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
Retained earnings
273,262,066
225,319,147
191,637,790
168,039,295
Total equity
278,220,066
230,277,147
196,595,790
172,997,295
Total equity and liabilities
343,671,517
293,515,253
272,109,974
227,790,549

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
Standard industrial classification
C
Main industrial area
Manufacturing
10
Activity
Manufacture of food products
10.9
Main industrial group
Manufacture of prepared animal feeds
10.91
Industrial group
Manufacture of prepared feeds for farm animals
10.910
Industrial group
Manufacture of prepared feeds for farm animals