SALT SHIP DESIGN AS
Salt Ship Design - Home
At Salt Ship Design we have a strong drive for optimizing ship performance. Our pride and recognition is linked to successful sailing vessels.,At Salt Ship Design we have a strong drive for optimizing ship performance.
Our pride and recognition is linked to successful sailing vessels.
Organization
- CEO
- AS
Andreas Siglen1986
- Chairman of the board
- ES
Egil Sandvik1971
- Years since formation
- 14 years
- since Oct 29, 2011
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 54
Ownership
- Number of shares and share classes
- 3,516,484
- 1 share class
- Total number of shareholders
- 9
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 231,100,413
- NOK
- Annual total result 2024
- 64,573,591
- NOK
- Total equity 2024
- 65,445,845
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AS 1986 | Managing Director/CEO | 4.5 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
TH | Board Member | 7.96 % indirectly |
ES 1971 | Chairman | 14.5 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
GS 1966 | - | 17.06 % indirectly |
ES 1971 | Chairman | 14.5 % indirectly |
TS | - | 11.37 % indirectly |
JE 1976 | - | 10.24 % indirectly |
TH | Board Member | 7.96 % indirectly |
KA | - | 6.26 % indirectly |
SK | - | 6.26 % indirectly |
JH | - | 4.55 % indirectly |
ØT | - | 4.5 % indirectly |
AS 1986 | Managing Director/CEO | 4.5 % indirectly |
Last update: Jun 10, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,000,000 | 56.87 % | |
| Ordinary shares | 400,000 | 11.37 % | |
| Ordinary shares | 400,000 | 11.37 % | |
| Ordinary shares | 160,000 | 4.55 % | |
| Ordinary shares | 160,000 | 4.55 % | |
| Ordinary shares | 158,242 | 4.5 % | |
| Ordinary shares | 158,242 | 4.5 % | |
| Ordinary shares | 40,000 | 1.14 % | |
| Ordinary shares | 40,000 | 1.14 % |
Shares owned by the SALT SHIP DESIGN AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 90.91 % | |
| Ordinary shares | 45 | 75 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 4,679,286Operating profit 2024: NOK -4,430,509Employees: 6
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 231,100,413 | 131,367,401 | 309,369,505 | 164,540,100 |
Annual Total Result | 64,573,591 | 7,122,958 | 140,395,453 | 34,246,501 |
Total assets | 295,750,843 | 133,496,500 | 285,463,142 | 152,012,917 |
Total liabilities | 230,304,998 | 76,224,246 | 226,895,822 | 121,841,050 |
Total equity | 65,445,845 | 57,272,254 | 58,567,320 | 30,171,867 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 231,100,413 | 131,367,401 | 309,369,505 | 164,540,100 |
Total operating costs | 159,167,239 | 134,682,144 | 132,038,969 | 122,775,434 |
Operating result | 71,933,175 | -3,314,743 | 177,330,536 | 41,764,666 |
Financial income/costs | 9,887,112 | 10,454,244 | 2,978,469 | 1,936,430 |
Profit before tax | 81,820,286 | 7,139,500 | 180,309,005 | 43,701,096 |
Total tax & extraordinary income/cost | 17,246,695 | 16,542 | 39,913,552 | 9,454,595 |
Annual Total Result | 64,573,591 | 7,122,958 | 140,395,453 | 34,246,501 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 57,865,947 | 23,890,703 | 46,339,328 | 20,098,364 |
Total current assets | 237,884,896 | 109,605,797 | 239,123,815 | 131,914,553 |
Total assets | 295,750,843 | 133,496,500 | 285,463,142 | 152,012,917 |
Short term debt | 203,254,814 | 59,055,192 | 206,113,815 | 99,886,550 |
Long term debt | 27,050,184 | 17,169,054 | 20,782,007 | 21,954,500 |
Total liabilities | 230,304,998 | 76,224,246 | 226,895,822 | 121,841,050 |
Contributed capital | 11,470,384 | 7,870,384 | 7,870,384 | 7,870,384 |
Retained earnings | 53,975,461 | 49,401,870 | 50,696,936 | 22,301,483 |
Total equity | 65,445,845 | 57,272,254 | 58,567,320 | 30,171,867 |
Total equity and liabilities | 295,750,843 | 133,496,500 | 285,463,142 | 152,012,917 |
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