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I

ISLAND OFFSHORE XI AS987 845 325

Services for oil and gas
Limited company
Stålhaugen 9 6065 ULSTEINVIK, Norge

ISLAND OFFSHORE XI AS

Keywords

crude oilnatural gasassemblydisassemblyinspectionrepairmaintenance (irm)insulationsurface treatmentscaffolding (iso)heatingventilationair conditioning (hvac)seabedcontrol cablesrisersflow pipesfloating tankersfpsodiving operationsunderwater exploration (rov)pipescablesengineeringproject activitiesliquefactionregasificationfirefighting

Organization

Chairman of the board
Years since formation
20 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
11
9 companies, 2 persons

Financials

Annual total result 2023
13,339,098
NOK
Total equity 2023
66,085,378
NOK
Last update: Dec 31, 2024

Management

Board

NameRoleShares
Chairman
2.79 %
indirectly
AL
Board Member
4.5 %
indirectly
Board Member-
Board Member
2.79 %
indirectly
Contact Person-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
H
HASUND AS
Accountant-

Top 10 individual shareholders

NameRoleShares
AL
Board Member
4.5 %
indirectly
Chairman
2.79 %
indirectly
Board Member
2.79 %
indirectly
-
2.79 %
indirectly
-
2.79 %
indirectly
-
2.79 %
indirectly
-
2.72 %
indirectly
-
2.72 %
indirectly
-
1.67 %
indirectly
-
1.64 %
indirectly
Last update: Oct 23, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
Ordinary shares
146,933,214
55.03 %
S
SNEINGEN AS
Ordinary shares
52,231,886
19.56 %
I
ISLAND OFFSHORE INVEST AS
Ordinary shares
19,308,460
7.23 %
Ordinary shares
11,394,672
4.27 %
B
BORGSTEIN SKIPSINVEST AS
Ordinary shares
11,394,672
4.27 %
I
INGER M KRISTENSEN AS
Ordinary shares
4,961,799
1.86 %
E
EMAR INVEST AS
Ordinary shares
4,961,798
1.86 %
D
DUK INVEST AS
Ordinary shares
4,961,798
1.86 %
H
HUK INVEST AS
Ordinary shares
3,654,847
1.37 %
B
BEELINE AS
Ordinary shares
3,595,295
1.35 %
I
INGUS AS
Ordinary shares
3,595,295
1.35 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year202320222021
Total operating income
0
0
0
Annual Total Result
13,339,098
-1,269,868
-576,765
Total assets
68,338,475
52,751,303
47,652,297
Total liabilities
2,253,097
5,024
4,349
Total equity
66,085,378
52,746,279
47,647,948

P&L

Year202320222021
Total operating income
0
0
0
Total operating costs
64,481
6
0
Operating result
-64,481
-6
0
Financial income/costs
15,587,312
-1,269,863
-576,765
Profit before tax
15,522,830
-1,269,868
-576,765
Total tax & extraordinary income/cost
2,183,732
0
0
Annual Total Result
13,339,098
-1,269,868
-576,765

Balance overview

Year202320222021
Total fixed assets
67,614,607
52,292,755
47,387,083
Total current assets
723,868
458,548
265,214
Total assets
68,338,475
52,751,303
47,652,297
Short term debt
69,366
5,024
4,349
Long term debt
0
0
0
Total liabilities
2,253,097
5,024
4,349
Contributed capital
40,745,481
40,745,481
36,575,481
Retained earnings
25,339,897
12,000,798
11,072,467
Total equity
66,085,378
52,746,279
47,647,948
Total equity and liabilities
68,338,475
52,751,303
47,652,297

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
Standard industrial classification
B
Main industrial area
Mining and quarrying
09
Activity
Mining support service activities
09.1
Main industrial group
Support activities for petroleum and natural gas extraction
09.10
Industrial group
Support activities for petroleum and natural gas extraction
09.109
Industrial group
Other support activities for petroleum and natural gas extraction