SUB SEA SERVICES AS

Operating

Offshore service og hva dermed måtte ha forbindelse, handelsvirksomhet, ervervelse av faste eiendommer, agenturvirksomhet samt deltagelse i andre selskaper.

Offshore service, handel.

Keywords

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

Organization

CEO: JK
Jostein Kvamme1968
Chairman of the board: NA
Nils Arne Sølvik1967
Years since formation: 26 years; since Dec 29, 2000
Type: Limited company
VAT registered: Yes
Number of employees: 68

Ownership

Number of shares and share classes: 500; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2025: 286,815,519; NOK
Annual total result 2025: 50,209,311; NOK

Last update: Jul 27, 2026

Management

Management / administration

Name	Role	Shares
JK Jostein Kvamme 1968	Managing Director/CEO	92 % indirectly

Board

Name	Role	Shares
NA Nils Arne Sølvik 1967	Chairman	-
ES Even Skov Bakkemyr 1978	Board Member	3.03 % indirectly
KD Kamilla Dreiem Kvamme 2003	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
A AIDER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
JK Jostein Kvamme 1968	Managing Director/CEO	92 % indirectly
ES Even Skov Bakkemyr 1978	Board Member	3.03 % indirectly

Last update: May 31, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
S SUB SEA SERVICES GROUP AS	Ordinary shares	500	100 %

Shares owned by the SUB SEA SERVICES AS

Name	Share class	Total number of shares	Share
L LOGISTIKK OG BASESERVICE AS	Ordinary shares	1,265,000	100 %

Last update: Jun 2, 2025

Group structure

SUB SEA SERVICES GROUP AS
Total operating income 2025: NOK 1,918,368
Operating profit 2025: NOK -6,916,268
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	286,815,519	326,189,668	323,037,618	183,062,348	138,834,992
Annual Total Result	50,209,311	44,725,755	44,386,733	17,857,092	9,818,589
Total assets	0	225,748,431	259,293,278	152,684,691	129,317,983
Total liabilities	0	161,618,566	179,889,168	87,747,314	63,221,952
Total equity	0	64,129,865	79,404,110	64,937,377	66,096,031

P&L

Year	2025	2024	2023	2022	2021
Total operating income	286,815,519	326,189,668	323,037,618	183,062,348	138,834,992
Total operating costs	226,049,535	261,711,034	263,420,905	157,701,507	126,711,552
Operating result	60,765,984	64,478,634	59,616,713	25,360,842	12,123,440
Financial income/costs	3,628,041	-1,766,188	-1,725,924	-1,311,575	473,370
Profit before tax	64,394,025	62,712,446	57,890,790	24,049,267	12,596,809
Total tax & extraordinary income/cost	14,184,714	17,986,691	13,504,057	6,192,175	2,778,220
Annual Total Result	50,209,311	44,725,755	44,386,733	17,857,092	9,818,589

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	50,392,785	32,355,810	11,052,707	16,458,515
Total current assets	175,355,646	226,937,468	141,631,983	112,859,468
Total assets	225,748,431	259,293,278	152,684,691	129,317,983
Short term debt	147,234,028	178,560,241	87,385,987	62,605,373
Long term debt	14,384,538	1,328,927	361,327	616,579
Total liabilities	161,618,566	179,889,168	87,747,314	63,221,952
Contributed capital	19,065,140	19,065,140	885,140	885,140
Retained earnings	45,064,725	60,338,970	64,052,237	65,210,891
Total equity	64,129,865	79,404,110	64,937,377	66,096,031
Total equity and liabilities	225,748,431	259,293,278	152,684,691	129,317,983

Classification

21st company classification

BETA

Industrial large enterprise

SUB SEA SERVICES AS982 734 150