GREEN ISLAND CONDOR AS • 929265521 • Ulsteinvik • Water transport

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GREEN ISLAND CONDOR AS

Keywords

offshoresupplyservice servicessea transporttechnical personnelfloating installationsequipmentgoodsoffshore operations

Organization

Chairman of the board: MU
Morten Ulstein1953
Years since formation: 3 years; since May 28, 2022
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 30; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 70,187,157; NOK
Annual total result 2023: -4,914,141; NOK
Total equity 2023: 11,466,997; NOK

Last update: Aug 29, 2024

Management

Board

Name	Role	Shares
GH Gustav Hasund 1985	Contact Person	-
MU Morten Ulstein 1953	Chairman	5.85 % indirectly
HU Håvard Ulstein 1959	Board Member	10 % indirectly
GJ Gary J Chouest 1944	Board Member	-
DD Dino David Chouest 1969	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
H HASUND AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
HU Håvard Ulstein 1959	Board Member	10 % indirectly
SI Svein Idar Ulstein 1963	-	10 % indirectly
IM Ingunn Merete Ulstein Botnen 1955	-	10 % indirectly
HU Henning Ulstein 1956	-	10 % indirectly
MU Morten Ulstein 1953	Chairman	5.85 % indirectly
IM Ingrid Margrethe Ulstein 1985	-	4.15 % indirectly

Last update: Feb 13, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
G GREEN ISLAND SHIPHOLDING AS	Ordinary shares	30	100 %

Last update: May 24, 2024

Group structure

GREEN ISLAND SHIPHOLDING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -964,278
Employees: 0

Financials

in NOK

Summary

Year	2023	2022
Total operating income	70,187,157	474,386
Annual Total Result	-4,914,141	-443,292
Total assets	242,473,661	274,083,658
Total liabilities	231,006,665	257,702,520
Total equity	11,466,997	16,381,138

P&L

Year	2023	2022
Total operating income	70,187,157	474,386
Total operating costs	58,070,513	628,700
Operating result	12,116,644	-154,314
Financial income/costs	-17,020,930	-288,843
Profit before tax	-4,904,286	-443,157
Total tax & extraordinary income/cost	9,855	135
Annual Total Result	-4,914,141	-443,292

Balance overview

Year	2023	2022
Total fixed assets	223,877,433	253,074,624
Total current assets	18,596,228	21,009,033
Total assets	242,473,661	274,083,658
Short term debt	12,850,165	3,548,356
Long term debt	0	0
Total liabilities	231,006,665	257,702,520
Contributed capital	30,000	30,000
Retained earnings	11,436,997	16,351,138
Total equity	11,466,997	16,381,138
Total equity and liabilities	242,473,661	274,083,658

Classification

Category

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

H

Main industrial area

Transportation and storage

50

Activity

Water transport

50.2

Main industrial group

Sea and coastal freight water transport

50.20

Industrial group

Sea and coastal freight water transport

50.204

Industrial group

Supply and other sea transport offshore services