GREEN ISLAND OI III AS • 927305569 • Ulsteinvik • Water transport

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GREEN ISLAND OI III AS

Closed at December 4th, 2024

Keywords

offshoresupplyservice servicessea transporttechnical personnelfloating installationsequipmentgoodsoffshore operations

Organization

Chairman of the board: MU
Morten Ulstein1953
Operation time: 3 years; - Jun 21, 2021 to Dec 4, 2024
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 30; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 99,947,653; NOK
Annual total result 2023: 36,536,032; NOK
Total equity 2023: 8,122,011; NOK

Last update: Sep 13, 2024

Management

Board

Name	Role	Shares
GH Gustav Hasund 1985	Contact Person	-
MU Morten Ulstein 1953	Chairman	5.85 % indirectly
HU Håvard Ulstein 1959	Board Member	10 % indirectly
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	-

Top 10 individual shareholders

Name	Role	Shares
HU Håvard Ulstein 1959	Board Member	10 % indirectly
SI Svein Idar Ulstein 1963	-	10 % indirectly
IM Ingunn Merete Ulstein Botnen 1955	-	10 % indirectly
HU Henning Ulstein 1956	-	10 % indirectly
MU Morten Ulstein 1953	Chairman	5.85 % indirectly
IM Ingrid Margrethe Ulstein 1985	-	4.15 % indirectly

Last update: Feb 13, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
G GREEN ISLAND SHIPHOLDING AS	Ordinary shares	30	100 %

Last update: May 24, 2024

Group structure

GREEN ISLAND SHIPHOLDING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -964,278
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	99,947,653	82,792,830	32,332,173
Annual Total Result	36,536,032	24,310,271	18,439,678
Total assets	82,546,756	126,805,603	55,244,522
Total liabilities	74,424,745	91,219,624	28,968,814
Total equity	8,122,011	35,585,979	26,275,708

P&L

Year	2023	2022	2021
Total operating income	99,947,653	82,792,830	32,332,173
Total operating costs	61,842,645	51,664,676	22,917,608
Operating result	38,105,008	31,128,154	9,414,565
Financial income/costs	-1,565,691	-6,815,973	11,833,225
Profit before tax	36,539,317	24,312,181	21,247,790
Total tax & extraordinary income/cost	3,285	1,910	2,808,112
Annual Total Result	36,536,032	24,310,271	18,439,678

Balance overview

Year	2023	2022	2021
Total fixed assets	32,747,192	42,485,455	38,846,859
Total current assets	49,799,564	84,320,149	16,397,663
Total assets	82,546,756	126,805,603	55,244,522
Short term debt	74,424,745	81,379,778	11,456,524
Long term debt	0	0	0
Total liabilities	74,424,745	91,219,624	28,968,814
Contributed capital	8,691,600	8,691,600	8,691,600
Retained earnings	-569,589	26,894,379	17,584,108
Total equity	8,122,011	35,585,979	26,275,708
Total equity and liabilities	82,546,756	126,805,603	55,244,522

Classification

Category

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

H

Main industrial area

Transportation and storage

50

Activity

Water transport

50.2

Main industrial group

Sea and coastal freight water transport

50.20

Industrial group

Sea and coastal freight water transport

50.204

Industrial group

Supply and other sea transport offshore services