PETROJARL I PRODUCTION AS

Operating

Skipsfart og offshorevirksomhet på inn- og utland og alt som dermed står i forbindelse, samt - alene eller i samarbeid med andre foretagende og interessenter - deltakelse som aksjeeier eller på annen måte i slik virksomhet.

Keywords

crude oilnatural gasassemblydisassemblyinspectionrepairmaintenance (irm)insulationsurface treatmentscaffolding (iso)heatingventilationair conditioning (hvac)seabedcontrol cablesrisersflow pipesfloating tankersfpsodiving operationsunderwater exploration (rov)pipescablesengineeringproject activitiesliquefactionregasificationfirefighting

Organization

CEO: MS
Martin Spencer King1980
Chairman of the board: CA
Christopher Allan Brett1975
Years since formation: 13 years; since Jan 4, 2012
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: 1; company
Belongs to group of

Financials

Total operating income 2024: 852,430,000; NOK
Annual total result 2024: 110,579,000; NOK
Total equity 2024: 126,514,000; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
MS Martin Spencer King 1980	Managing Director/CEO	-

Board

Name	Role	Shares
CA Christopher Allan Brett 1975	Chairman	-
MS Martin Spencer King 1980	Board Member	-
AØ Anette Øwre-Johnsen 1974	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Last update: Jul 19, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
P PETROJARL I L.L.C. NUF	Ordinary shares	100	100 %

Last update: Jun 2, 2025

Group structure

PETROJARL I L.L.C. NUF
Total operating income 2024: NOK 610,111,000
Operating profit 2024: NOK -84,044,000
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	852,430,000	792,818,983	930,519,197	727,568,000
Annual Total Result	110,579,000	-67,212,251	-24,540,868	-23,005,000
Total assets	282,775,000	208,727,035	319,533,689	175,113,000
Total liabilities	156,261,000	192,792,134	293,974,557	175,013,000
Total equity	126,514,000	15,934,902	25,559,133	100,000

P&L

Year	2024	2023	2022	2021
Total operating income	852,430,000	792,818,983	930,519,197	727,568,000
Total operating costs	757,843,000	1,027,050,801	986,585,329	758,784,000
Operating result	94,586,000	-234,231,818	-56,066,132	-31,216,000
Financial income/costs	26,749,000	170,520,382	38,081,293	11,276,000
Profit before tax	121,335,000	-63,711,436	-17,984,839	-19,940,000
Total tax & extraordinary income/cost	10,756,000	3,500,815	6,556,029	3,065,000
Annual Total Result	110,579,000	-67,212,251	-24,540,868	-23,005,000

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	0	0	0	0
Total current assets	282,775,000	208,727,035	319,533,689	175,113,000
Total assets	282,775,000	208,727,035	319,533,689	175,113,000
Short term debt	156,261,000	192,792,134	293,974,557	175,013,000
Long term debt	0	0	0	0
Total liabilities	156,261,000	192,792,134	293,974,557	175,013,000
Contributed capital	54,070,000	15,934,902	100,000	100,000
Retained earnings	72,444,000	0	25,459,133	0
Total equity	126,514,000	15,934,902	25,559,133	100,000
Total equity and liabilities	282,775,000	208,727,035	319,533,689	175,113,000

Classification

21st company classification

BETA

Industrial large enterprise

PETROJARL I PRODUCTION AS997 788 885