NORSEA POLARBASE AS

Operating

NorSea Polarbase AS - NorSea Group

Å drive forsyningsbaser for oljeindustri og annen virksomhet, samt industri, handel og annen supplerende virksomhet, herunder deltakelse i andre selskaper og utleie av fast eiendom.

Drift av forsyningsbaser for oljeindustri.

Organization

CEO: JM
Jeanette Moland1969
Chairman of the board: MB
May Britt Lilletvedt1972
Years since formation: 12 years; since May 27, 2014
Type: Limited company
VAT registered: Yes
Number of employees: 68

Ownership

Number of shares and share classes: 10,000; 1 share class
Total number of shareholders: 11; 3 companies, 8 persons
Belongs to group of

Financials

Total operating income 2025: 297,500,920; NOK
Annual total result 2025: 53,639,331; NOK
Total equity 2025: 56,074,349; NOK

Last update: May 23, 2026

Management

Management / administration

Name	Role	Shares
JM Jeanette Moland 1969	Managing Director/CEO	-

Board

Name	Role	Shares
MB May Britt Lilletvedt 1972	Chairman	-
KH Karl Henning Fredriksson Pedersen 1986	Board Member	-
OP Ole-Jacob Pedersen 1973	Alternate Member	-
KB Kevin Brendesæter Janz 1992	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Last update: Jun 10, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
N NORSEA LOGISTICS AS	Ordinary shares	9,514	95.14 %
H HAMMERFEST KOMMUNE	Ordinary shares	306	3.06 %
R RENS & VASK ANS	Ordinary shares	99	0.99 %
TD Terje Danielsen 1951	Ordinary shares	36	0.36 %
HJ Hulda Johnsen 1945	Ordinary shares	18	0.18 %
PU Per-Øystein Utstrand 1953	Ordinary shares	9	0.09 %
BH Borgny Helene Danielsen 1950	Ordinary shares	9	0.09 %
BO Britt Olaussen 1955	Ordinary shares	3	0.03 %
KM Kirsten Marie Olaussen 1952	Ordinary shares	2	0.02 %
HP Hans Petter Olaussen 1965	Ordinary shares	2	0.02 %
LA Liv Astrid Olaussen 1960	Ordinary shares	2	0.02 %

Shares owned by the NORSEA POLARBASE AS

Name	Share class	Total number of shares	Share
P POLAR LIFT AS	Ordinary shares	4,000	50 %
A AM NORTH AS	Ordinary shares	7,000	33.33 %
P POLAR ALGAE AS	Ordinary shares	108,728	27.2 %
L LOKALKAPITAL AS	Ordinary shares	200	14.81 %
E ENERGI I NORD AS	Ordinary shares	58	12.24 %
P PRO BARENTS AS	Ordinary shares	159,956	9 %
D DNB BANK ASA	NO0010161896	2,225	< 0.01 %

Last update: Jun 2, 2025

Group structure

WILH. WILHELMSEN HOLDING ASA
Total operating income 2024: NOK 28,973,000
Operating profit 2024: NOK -139,129,000
Employees: 33

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	297,500,920	249,790,557	172,071,799	211,103,672	249,402,620
Annual Total Result	53,639,331	41,667,535	7,822,562	28,668,078	44,213,940
Total assets	162,082,387	137,194,148	89,142,601	118,965,017	139,720,099
Total liabilities	106,008,038	75,730,329	34,093,007	65,068,521	84,977,281
Total equity	56,074,349	61,463,819	55,049,595	53,896,495	54,742,818

P&L

Year	2025	2024	2023	2022	2021
Total operating income	297,500,920	249,790,557	172,071,799	211,103,672	249,402,620
Total operating costs	228,851,732	207,308,155	165,290,302	177,095,769	194,693,407
Operating result	68,649,187	42,482,401	6,781,497	34,007,904	54,709,213
Financial income/costs	823,449	8,748,514	2,829,939	2,332,630	1,564,053
Profit before tax	69,472,636	51,230,915	9,611,435	36,340,534	56,273,266
Total tax & extraordinary income/cost	15,833,305	9,563,380	1,788,873	7,672,456	12,059,326
Annual Total Result	53,639,331	41,667,535	7,822,562	28,668,078	44,213,940

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	26,916,478	31,581,549	43,493,908	35,237,864	27,675,757
Total current assets	135,165,909	105,612,599	45,648,694	83,727,152	112,044,342
Total assets	162,082,387	137,194,148	89,142,601	118,965,017	139,720,099
Short term debt	103,799,364	72,073,311	28,600,469	57,743,799	75,823,628
Long term debt	0	3,657,018	5,492,538	7,324,722	9,153,654
Total liabilities	106,008,038	75,730,329	34,093,007	65,068,521	84,977,281
Contributed capital	470,000	470,000	470,000	470,000	470,000
Retained earnings	55,604,349	60,993,819	54,579,595	53,426,495	54,272,818
Total equity	56,074,349	61,463,819	55,049,595	53,896,495	54,742,818
Total equity and liabilities	162,082,387	137,194,148	89,142,601	118,965,017	139,720,099

Classification

21st company classification

BETA

Industrial daughter company

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

NORSEA POLARBASE AS913 688 899