ISLAND OFFSHORE INTERNATIONAL SHIPPING AS

Island Offshore

Island Offshore owns an extensive fleet of offshore service vessels with a range of capacities. Skilled professionals operates our vessels worldwide. Learn more about our services here!,Island Offshore owns an extensive fleet of offshore service vessels with a range of capacities. Skilled professionals operates our vessels worldwide. Learn more about our services here!

Keywords

mediationorganisationtransportcustoms agency operationsreceivingsendinggoodshandlingtransport documentswaybillspackingunpackingweighing

Organization

Chairman of the board: MU
Morten Ulstein1953
Years since formation: 11 years; since Nov 4, 2014
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: 2; companies
Belongs to group of

Financials

Annual total result 2023: -2,206,010; NOK
Total equity 2023: -3,704,148; NOK

Last update: Aug 29, 2024

Management

Board

Name	Role	Shares
MM Mai-Britt Myklebust 1969	Contact Person	-
MU Morten Ulstein 1953	Chairman	-
HU Håvard Ulstein 1959	Deputy Chair	-
GJ Gary J Chouest 1944	Board Member	-
DD Dino David Chouest 1969	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
H HASUND AS	Accountant	-

Last update: Nov 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
I ISLAND OFFSHORE SHIPHOLDING LP	Ordinary shares	99	99 %
B BORGSTEIN SKIPSINVEST AS	Ordinary shares	1	1 %

Last update: May 24, 2024

Group structure

ISLAND OFFSHORE SHIPHOLDING LP
Total operating income -: NOK
Operating profit -: NOK
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	0	0	0
Annual Total Result	-2,206,010	1,938,708	-79,861
Total assets	34,403,618	91,501,537	18,162,110
Total liabilities	38,107,766	92,999,675	21,598,955
Total equity	-3,704,148	-1,498,138	-3,436,845

P&L

Year	2023	2022	2021
Total operating income	0	0	0
Total operating costs	46,570	45,299	29,165
Operating result	-46,570	-45,299	-29,165
Financial income/costs	-2,159,440	2,231,788	-50,696
Profit before tax	-2,206,010	2,186,490	-79,861
Total tax & extraordinary income/cost	0	247,782	0
Annual Total Result	-2,206,010	1,938,708	-79,861

Balance overview

Year	2023	2022	2021
Total fixed assets	0	0	0
Total current assets	34,403,618	91,501,537	18,162,110
Total assets	34,403,618	91,501,537	18,162,110
Short term debt	38,107,766	92,999,675	21,598,955
Long term debt	0	0	0
Total liabilities	38,107,766	92,999,675	21,598,955
Contributed capital	94,334	94,334	94,334
Retained earnings	-3,798,482	-1,592,472	-3,531,179
Total equity	-3,704,148	-1,498,138	-3,436,845
Total equity and liabilities	34,403,618	91,501,537	18,162,110

ISLAND OFFSHORE INTERNATIONAL SHIPPING AS914 405 025