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S

SUBSEA 7 NORWAY AS936 742 475

Services for oil and gas
Limited company
Kanalsletta 9 4033 STAVANGER, Norge

SUBSEA 7 NORWAY AS

Keywords

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

Organization

Chairman of the board
Years since formation
30 years
since Feb 19, 1995
Type
Limited company
VAT registered
Yes
Number of employees
733

Ownership

Number of shares and share classes
302
2 share classes
Total number of shareholders
2
companies
Belongs to group of

Financials

Total operating income 2023
10,659,831,194
NOK
Annual total result 2023
1,604,133,789
NOK
Total equity 2023
2,358,899,438
NOK
Last update: Jan 15, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Board Member-
Chairman-
Board Member-
Board Member-
Alternate Member-
Alternate Member-
Board Member-
Deputy Chair-
Board Member-
Alternate Member-
Alternate Member-
Alternate Member-
Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: Jan 3, 2025

Ownership

Company shareholders

NameShare classNumber of sharesShare
S
SUBSEA 7 HOLDING NORWAY AS
Class B shares
290
96.03 %
S
SUBSEA 7 HOLDING NORWAY AS
A-shares
12
3.97 %
Last update: May 24, 2024

Group structure

Financials

in NOK

Summary

Year202320222021
Total operating income
10,659,831,194
8,739,383,197
4,706,339,200
Annual Total Result
1,604,133,789
477,031,944
-192,413,692
Total assets
5,748,478,530
3,685,737,896
3,287,192,536
Total liabilities
3,389,579,091
2,481,757,547
3,215,843,376
Total equity
2,358,899,438
1,203,980,349
71,349,160

P&L

Year202320222021
Total operating income
10,659,831,194
8,739,383,197
4,706,339,200
Total operating costs
9,206,443,041
8,143,654,084
4,956,660,054
Operating result
1,453,388,153
595,729,113
-250,320,854
Financial income/costs
604,945,055
-26,363,741
-7,169,633
Profit before tax
2,058,333,209
569,365,372
-257,490,487
Total tax & extraordinary income/cost
454,199,420
92,333,428
-65,076,795
Annual Total Result
1,604,133,789
477,031,944
-192,413,692

Balance overview

Year202320222021
Total fixed assets
1,089,907,477
766,998,219
1,023,911,902
Total current assets
4,658,571,053
2,918,739,677
2,263,280,634
Total assets
5,748,478,530
3,685,737,896
3,287,192,536
Short term debt
2,741,778,541
2,172,416,548
2,745,403,476
Long term debt
647,800,550
309,340,998
470,439,900
Total liabilities
3,389,579,091
2,481,757,547
3,215,843,376
Contributed capital
1,085,630,010
1,083,546,718
432,203,360
Retained earnings
1,273,269,429
120,433,631
-360,854,200
Total equity
2,358,899,438
1,203,980,349
71,349,160
Total equity and liabilities
5,748,478,529
3,685,737,896
3,287,192,536

Classification

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
B
Main industrial area
Mining and quarrying
09
Activity
Mining support service activities
09.1
Main industrial group
Support activities for petroleum and natural gas extraction
09.10
Industrial group
Support activities for petroleum and natural gas extraction
09.109
Industrial group
Other support activities for petroleum and natural gas extraction