ISLAND OFFSHORE XI AS
Operating
Selskapet skal være komplementar i Island Offshore III KS.
Selskapets formål er å være komplementar i Island Offshore III KS.
Organization
- Chairman of the board
- MU
Morten Ulstein1953
- Years since formation
- 21 years
- since Feb 10, 2005
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 266,993,736
- 1 share class
- Total number of shareholders
- 10
- 9 companies, 1 person
Financials
- Annual total result 2025
- 6,089,587
- NOK
- Total equity 2025
- 69,751,440
- NOK
Last update: Sep 30, 2026
Management
Board
| Name | Role | Shares |
|---|---|---|
MU 1953 | Chairman | - |
AL 1959 | Board Member | - |
GJ 1944 | Board Member | - |
HU 1959 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
LA 1959 | - | 4.5 % indirectly |
| - | 3.51 % indirectly | |
UM 1953 | - | 3.51 % indirectly |
UH 1956 | - | 3.51 % indirectly |
UH 1959 | - | 3.51 % indirectly |
IU | - | 3.51 % indirectly |
OK | - | 2.54 % indirectly |
OK | - | 2.54 % indirectly |
US 1958 | - | 1.47 % indirectly |
KL | - | 1.35 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 52,231,886 | 19.56 % | |
| Ordinary shares | 19,308,460 | 7.23 % | |
| Ordinary shares | 11,394,672 | 4.27 % | |
| Ordinary shares | 11,394,672 | 4.27 % | |
| Ordinary shares | 4,961,799 | 1.86 % | |
| Ordinary shares | 4,961,798 | 1.86 % | |
| Ordinary shares | 4,961,798 | 1.86 % | |
| Ordinary shares | 3,654,847 | 1.37 % | |
| Ordinary shares | 3,595,295 | 1.35 % | |
| Ordinary shares | 3,595,295 | 1.35 % |
Last update: Sep 25, 2026
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 | 0 |
Annual Total Result | 6,089,587 | 2,576,475 | 13,339,098 | -1,269,868 | -576,765 |
Total assets | 73,016,601 | 65,209,865 | 68,338,475 | 52,751,303 | 47,652,297 |
Total liabilities | 3,265,161 | 1,548,012 | 2,253,097 | 5,024 | 4,349 |
Total equity | 69,751,440 | 63,661,853 | 66,085,378 | 52,746,279 | 47,647,948 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 | 0 |
Total operating costs | 101,385 | 111,268 | 64,481 | 6 | 0 |
Operating result | -101,385 | -111,268 | -64,481 | -6 | 0 |
Financial income/costs | 7,908,771 | 2,046,236 | 15,587,312 | -1,269,863 | -576,765 |
Profit before tax | 7,807,386 | 1,934,968 | 15,522,830 | -1,269,868 | -576,765 |
Total tax & extraordinary income/cost | 1,717,799 | -641,507 | 2,183,732 | 0 | 0 |
Annual Total Result | 6,089,587 | 2,576,475 | 13,339,098 | -1,269,868 | -576,765 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 72,210,441 | 64,387,540 | 67,614,607 | 52,292,755 | 47,387,083 |
Total current assets | 806,161 | 822,325 | 723,868 | 458,548 | 265,214 |
Total assets | 73,016,601 | 65,209,865 | 68,338,475 | 52,751,303 | 47,652,297 |
Short term debt | 5,137 | 5,787 | 69,366 | 5,024 | 4,349 |
Long term debt | 0 | 0 | 0 | 0 | 0 |
Total liabilities | 3,265,161 | 1,548,012 | 2,253,097 | 5,024 | 4,349 |
Contributed capital | 40,745,481 | 40,745,481 | 40,745,481 | 40,745,481 | 36,575,481 |
Retained earnings | 29,005,959 | 22,916,372 | 25,339,897 | 12,000,798 | 11,072,467 |
Total equity | 69,751,440 | 63,661,853 | 66,085,378 | 52,746,279 | 47,647,948 |
Total equity and liabilities | 73,016,601 | 65,209,865 | 68,338,475 | 52,751,303 | 47,652,297 |
Classification
21st company classification
BETA
Small 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
Standard industrial classification