ARENDALS DAMPSKIBSSELSKAB AS

Operating

Arendals Dampskibsselskab - Arendals Dampskibsselskab

Arendals Dampskibsselskab AS is a privately owned shipping company operated from Arendal, Norway, from its foundation in 1857.

Skipsfart, investering i eiendom, samt hva hermed står i forbindelse. Selskapet skal videre kunne delta helt eller delvis i andre selskaper.

Skipsfart samt investering i eiendom og deltakelse i andre selskap.

Keywords

freight transportshipsforeign shipping

Organization

CEO: TB
Terje Bodin Larsen1955
Chairman of the board: BT
Bjørn Tore Larsen1967
Years since formation: 19 years; since Oct 18, 2006
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 228,100,000; 1 share class
Total number of shareholders: 1; person
Belongs to group of

Financials

Total operating income 2024: 1,572,334; NOK
Annual total result 2024: 40,224,076; NOK
Total equity 2024: 315,217,951; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
TB Terje Bodin Larsen 1955	Managing Director/CEO	-

Board

Name	Role	Shares
BT Bjørn Tore Larsen 1967	Chairman	-
TB Terje Bodin Larsen 1955	Alternate Member	-

Others

Name	Role	Shares
R RSM NORGE AS	Auditor	-
E ECIT NORMANN & ØYGARDEN AS	Accountant	-

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
AS Ads Shipping Ltd	Ordinary shares	228,100,000	100 %

Shares owned by the ARENDALS DAMPSKIBSSELSKAB AS

Name	Share class	Total number of shares	Share
A ADS SHIPPING AS Closed	Preference shares	246,316	100 %

Last update: Jun 2, 2025

Group structure

ARENDALS DAMPSKIBSSELSKAB AS
Total operating income 2024: NOK 1,572,334
Operating profit 2024: NOK -410,416
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	1,572,334	1,827,202	4,077,484	7,885,346
Annual Total Result	40,224,076	110,301,692	24,550,297	-5,259,145
Total assets	338,077,955	284,376,015	198,886,516	170,444,210
Total liabilities	22,860,003	5,209,138	30,021,331	26,129,322
Total equity	315,217,951	279,166,876	168,865,184	144,314,887

P&L

Year	2024	2023	2022	2021
Total operating income	1,572,334	1,827,202	4,077,484	7,885,346
Total operating costs	1,982,750	2,211,486	7,618,255	13,841,569
Operating result	-410,416	-384,284	-3,540,771	-5,956,223
Financial income/costs	51,979,745	114,547,613	28,161,303	697,077
Profit before tax	51,569,329	114,163,330	24,620,532	-5,259,145
Total tax & extraordinary income/cost	11,345,253	3,861,638	70,235	0
Annual Total Result	40,224,076	110,301,692	24,550,297	-5,259,145

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	191,792,884	159,461,480	179,955,178	155,862,976
Total current assets	146,285,070	124,914,534	18,931,337	14,581,233
Total assets	338,077,955	284,376,015	198,886,516	170,444,210
Short term debt	13,439,029	1,277,265	6,765,233	3,881,919
Long term debt	9,420,974	3,931,873	23,256,099	22,247,403
Total liabilities	22,860,003	5,209,138	30,021,331	26,129,322
Contributed capital	257,849,393	257,849,393	257,849,393	257,849,393
Retained earnings	57,368,558	21,317,483	-88,984,209	-113,534,506
Total equity	315,217,951	279,166,876	168,865,184	144,314,887
Total equity and liabilities	338,077,954	284,376,014	198,886,515	170,444,209

Classification

21st company classification

BETA

Individual SMB enterprise

ARENDALS DAMPSKIBSSELSKAB AS990 375 518