GALLEON EMBEDDED COMPUTING AS

Galleon Embedded Computing - Rugged Recorders, Computers, File Servers, and Secure Storage

Galleon Embedded Computing is a military-focused leader in the development of high-performance, high-quality storage solutions and small rugged data recorder systems, servers, and network-attached storage devices. Galleon has been part of the Spectra Aerospace & Defense group since August 2021. Supporting warfighters around the world, Spectra Aerospace & Defense is a trusted group of defense electronics companies that together deliver guaranteed, mission-ready performance for a variety of unique, challenging, and harsh environments…in the air, at sea, on the ground, and in space. Spectra Aerospace & Defense consists of leading companies CALCULEX, Galleon Embedded Computing, and ArgonFDS. Spectra delivers a full spectrum of secure, end-to-en

Keywords

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Organization

CEO: EC
Erlend Christoffer Møyland1979
Chairman of the board: MW
Marc-Andre Warwick Morin1977
Years since formation: 16 years; since Oct 6, 2009
Type: Limited company
VAT registered: Yes
Number of employees: 43

Ownership

Number of shares and share classes: 209,580; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 182,905,683; NOK
Annual total result 2024: 27,441,386; NOK
Total equity 2024: 30,817,160; NOK

Last update: Jul 2, 2025

Management

Management / administration

Name	Role	Shares
EC Erlend Christoffer Møyland 1979	Managing Director/CEO	-

Board

Name	Role	Shares
MW Marc-Andre Warwick Morin 1977	Chairman	-
CS Christian Schjervig Lunde 1989	Board Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-
A AZETS INSIGHT AS	Accountant	-

Last update: Mar 14, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
G GALLEON ACQUISITION CO AS	Ordinary shares	209,580	100 %

Last update: Jun 2, 2025

Group structure

GALLEON ACQUISITION CO AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -220,150
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	182,905,683	137,185,262	150,513,297	113,016,327
Annual Total Result	27,441,386	13,495,958	14,060,596	6,670,643
Total assets	137,002,876	99,080,966	67,975,462	54,544,654
Total liabilities	106,185,716	72,330,644	41,031,056	26,281,444
Total equity	30,817,160	26,750,323	26,944,406	28,263,210

P&L

Year	2024	2023	2022	2021
Total operating income	182,905,683	137,185,262	150,513,297	113,016,327
Total operating costs	151,043,405	118,999,378	127,326,088	104,965,577
Operating result	31,862,277	18,185,885	23,187,208	8,050,750
Financial income/costs	3,245,918	-870,331	-5,152,752	311,386
Profit before tax	35,108,196	17,315,554	18,034,457	8,362,136
Total tax & extraordinary income/cost	7,666,810	3,819,596	3,973,861	1,691,493
Annual Total Result	27,441,386	13,495,958	14,060,596	6,670,643

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	5,009,474	4,868,817	6,704,706	5,107,547
Total current assets	131,993,402	94,212,149	61,270,756	49,437,106
Total assets	137,002,876	99,080,966	67,975,462	54,544,654
Short term debt	106,132,232	72,330,644	41,031,056	26,281,444
Long term debt	53,485	0	0	0
Total liabilities	106,185,716	72,330,644	41,031,056	26,281,444
Contributed capital	9,114,614	9,114,614	9,114,614	9,114,614
Retained earnings	21,702,546	17,635,709	17,829,792	19,148,596
Total equity	30,817,160	26,750,323	26,944,406	28,263,210
Total equity and liabilities	137,002,876	99,080,966	67,975,462	54,544,654

GALLEON EMBEDDED COMPUTING AS994 608 177