OCEAN TECHNOLOGIES GROUP NORWAY AS • 975995976 • Horten • Publishing activities

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Information and communication

OCEAN TECHNOLOGIES GROUP NORWAY AS

Keywords

releasesoftwarebusiness applicationsapplications

Organization

CEO: HJ
Hans Johan Gustafsson1973
Chairman of the board: MO
Matthew O'sullivan1962
Years since formation: 28 years; since Jan 12, 1996
Type: Limited company
VAT registered: Yes
Number of employees: 16

Ownership

Number of shares and share classes: 60,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 346,028,195; NOK
Annual total result 2023: -10,792,928; NOK
Total equity 2023: 58,345,906; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
HJ Hans Johan Gustafsson 1973	Managing Director/CEO	-

Board

Name	Role	Shares
MO Matthew O'sullivan 1962	Chairman	-
HJ Hans Johan Gustafsson 1973	Board Member	-
KH Kjetil Hansen 1973	Board Member	-
OO Ole-Petter Ortveit 1979 Resigned	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
X XACCT ACCOUNTING AS	Accountant	-

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
S SEAGULL AS	Ordinary shares	60,000	100 %

Last update: May 24, 2024

Group structure

PELICAN BIDCO AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -22,350
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	346,028,195	280,951,081	285,159,643
Annual Total Result	-10,792,928	-8,980,896	-596,512
Total assets	438,817,679	311,289,960	273,352,340
Total liabilities	380,471,773	254,489,873	213,077,501
Total equity	58,345,906	56,800,087	60,274,839

P&L

Year	2023	2022	2021
Total operating income	346,028,195	280,951,081	285,159,643
Total operating costs	371,851,781	315,570,037	289,541,749
Operating result	-25,823,586	-34,618,956	-4,382,106
Financial income/costs	10,810,200	22,415,480	3,679,321
Profit before tax	-15,013,386	-12,203,475	-702,785
Total tax & extraordinary income/cost	-4,220,458	-3,222,579	-106,273
Annual Total Result	-10,792,928	-8,980,896	-596,512

Balance overview

Year	2023	2022	2021
Total fixed assets	25,049,910	21,776,171	18,674,301
Total current assets	413,767,769	289,513,789	254,678,039
Total assets	438,817,679	311,289,960	273,352,340
Short term debt	212,687,192	180,280,829	213,077,501
Long term debt	167,784,581	74,209,044	0
Total liabilities	380,471,773	254,489,873	213,077,501
Contributed capital	55,430,415	43,159,614	31,879,140
Retained earnings	2,915,491	13,640,473	28,395,699
Total equity	58,345,906	56,800,087	60,274,839
Total equity and liabilities	438,817,679	311,289,960	273,352,340

Classification

Category

Information and communication

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

J

Main industrial area

Information and communication

58

Activity

Publishing activities

58.2

Main industrial group

Software publishing

58.29

Industrial group

Other software publishing

58.290

Industrial group

Other software publishing