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S

SUBSEA INSULATION AS913 074 661

Services for oil and gas
Limited company
Radøyvegen 719A 5938 SÆBØVÅGEN, Norge

SUBSEA INSULATION 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
11 years
since Jan 14, 2014
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
15,151
1 share class
Total number of shareholders
2
companies
Belongs to group of

Financials

Total operating income 2024
8,824,892
NOK
Annual total result 2024
457,354
NOK
Total equity 2024
-256,102
NOK
Last update: Jul 26, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO
6.65 %
indirectly

Board

NameRoleShares
Board Member
6.65 %
indirectly
Chairman-

Others

NameRoleShares
D
DELOITTE AS
Auditor-

Top 10 individual shareholders

NameRoleShares
-
33 %
indirectly
-
33 %
indirectly
-
16.66 %
indirectly
Managing Director/CEO, Board Member
6.65 %
indirectly
-
4.48 %
indirectly
-
1.55 %
indirectly
-
1.55 %
indirectly
Last update: Apr 23, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
M
MUNDALGRUPPEN AS
Ordinary shares
10,000
66 %
I
ISOLERINGSTEKNIKK AS
Ordinary shares
5,151
34 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 1,500,000
    Operating profit 2024: NOK 603,630
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
8,824,892
8,534,742
3,656,187
3,309,414
Annual Total Result
457,354
267,041
-46,416
166,365
Total assets
2,190,603
2,279,398
2,400,510
1,630,759
Total liabilities
2,446,705
2,992,853
3,381,006
2,564,839
Total equity
-256,102
-713,455
-980,496
-934,080

P&L

Year2024202320222021
Total operating income
8,824,892
8,534,742
3,656,187
3,309,414
Total operating costs
8,370,025
8,269,556
3,703,614
3,143,460
Operating result
454,867
265,185
-47,427
165,954
Financial income/costs
2,487
1,856
1,011
411
Profit before tax
457,354
267,041
-46,416
166,365
Total tax & extraordinary income/cost
0
0
0
0
Annual Total Result
457,354
267,041
-46,416
166,365

Balance overview

Year2024202320222021
Total fixed assets
0
2,070
5,070
23,058
Total current assets
2,190,603
2,277,328
2,395,440
1,607,701
Total assets
2,190,603
2,279,398
2,400,510
1,630,759
Short term debt
2,019,060
2,067,035
2,194,406
1,378,239
Long term debt
427,645
925,818
1,186,600
1,186,600
Total liabilities
2,446,705
2,992,853
3,381,006
2,564,839
Contributed capital
962,060
962,060
962,060
962,060
Retained earnings
-1,218,162
-1,675,516
-1,942,557
-1,896,141
Total equity
-256,102
-713,455
-980,496
-934,080
Total equity and liabilities
2,190,603
2,279,398
2,400,510
1,630,759

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