OCEAN AQUAFARMS AS • 916122381 • Stavanger • Manufacture of textiles

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Industry and manufacturing

OCEAN AQUAFARMS AS

Keywords

productionsail netsropesropeworksnetsfishing netsship fendersbumperscargo slings

Organization

CEO: SA
Stephen Adshead1949
Chairman of the board: HB
Heidi Baugstø1961
Years since formation: 10 years; since Oct 26, 2015
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 2023: 287,140; NOK
Annual total result 2023: -188,545; NOK
Total equity 2023: 2,097,807; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
SA Stephen Adshead 1949	Managing Director/CEO	50 % indirectly

Board

Name	Role	Shares
HB Heidi Baugstø 1961	Chairman	50 % indirectly
SA Stephen Adshead 1949	Board Member	50 % indirectly

Others

Name	Role	Shares
E ERGA REVISJON AS	Auditor	-
K KJELL HAVER REGNSKAPSSERVICE AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
HB Heidi Baugstø 1961	Chairman	50 % indirectly
SA Stephen Adshead 1949	Managing Director/CEO, Board Member	50 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
M MANCORP AS	Ordinary shares	100	100 %

Last update: May 24, 2024

Group structure

MANCORP AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -532,950
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	287,140	300,000	1,682,830
Annual Total Result	-188,545	-426,025	-108,052
Total assets	29,579,127	32,258,999	31,107,096
Total liabilities	27,481,320	30,341,924	29,404,691
Total equity	2,097,807	1,917,075	1,702,405

P&L

Year	2023	2022	2021
Total operating income	287,140	300,000	1,682,830
Total operating costs	401,125	725,778	1,788,994
Operating result	-113,985	-425,778	-106,164
Financial income/costs	-124,415	-119,132	-31,418
Profit before tax	-238,399	-544,910	-137,583
Total tax & extraordinary income/cost	-49,854	-118,885	-29,531
Annual Total Result	-188,545	-426,025	-108,052

Balance overview

Year	2023	2022	2021
Total fixed assets	25,331,907	27,897,962	26,848,153
Total current assets	4,247,221	4,361,037	4,258,943
Total assets	29,579,127	32,258,999	31,107,096
Short term debt	5,435,943	4,748,204	3,872,795
Long term debt	22,045,377	25,593,720	25,531,896
Total liabilities	27,481,320	30,341,924	29,404,691
Contributed capital	1,763,879	1,394,602	753,907
Retained earnings	333,928	522,473	948,498
Total equity	2,097,807	1,917,075	1,702,405
Total equity and liabilities	29,579,127	32,258,999	31,107,096

Classification

Category

Industry and manufacturing

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

C

Main industrial area

Manufacturing

13

Activity

Manufacture of textiles

13.9

Main industrial group

Manufacture of other textiles

13.94

Industrial group

Manufacture of cordage, rope, twine and rugs

13.940

Industrial group

Manufacture of cordage, rope, twine and rugs