ULMATEC HANDLING SYSTEMS AS • 986729860 • Hareid • Manufacture of machinery and equipment n.e.c.

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Industry and manufacturing

/ Lifting cranes

ULMATEC HANDLING SYSTEMS AS

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Keywords

productionmarineliftinghandlingequipment

Links

Organization

CEO: IB
Iver Bjørnerem1977
Chairman of the board: SU
Stig Ulstein1958
Years since formation: 21 years; since Mar 30, 2004
Type: Limited company
VAT registered: Yes
Number of employees: 73

Ownership

Number of shares and share classes: 3,567,510; 1 share class
Total number of shareholders: 6; 5 companies, 1 person
Belongs to group of

Financials

Total operating income 2023: 240,698,960; NOK
Annual total result 2023: 12,040,046; NOK
Total equity 2023: 95,500,881; NOK

Last update: Dec 31, 2024

Management

Management / administration

Name	Role	Shares
IB Iver Bjørnerem 1977	Managing Director/CEO	-

Board

Name	Role	Shares
HO Håvard Ole Myrene 1952	Board Member	1.56 % directly 0.28 % indirectly 1.28 %
SU Stig Ulstein 1958	Chairman	11.35 % indirectly
BA Bernt Aage Ulstein 1974	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
SU Stig Ulstein 1958	Chairman	11.35 % indirectly
SK Stig Kolbein Ulstein 1986	-	7.49 % indirectly
IP Ida Pernille Ulstein Jekov 1991	-	7.49 % indirectly
MU Martine Ulstein 1994	-	7.49 % indirectly
AK Anne Ose Kristensen 1989	-	3.81 % indirectly
SK Sverre Ose Kristensen 2001	-	3.81 % indirectly
MI Magne Idar Ulstein 1954	-	3.5 % indirectly
HC Hanna Caroline Ulstein 1993	-	2.62 % indirectly
OU Ole Martin Ulstein 1988	-	2.62 % indirectly
SH Sindre Henriksen 1977	-	2.09 % indirectly

Last update: Jul 29, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
U ULSTEIN MARINE TECHNOLOGY AS	Ordinary shares	3,389,065	95 %
O O HENRIKSEN INVEST AS	Ordinary shares	125,000	3.5 %
P PGS GEOPHYSICAL AS	Ordinary shares	37,087	1.04 %
HO Håvard Ole Myrene 1952	Ordinary shares	10,000	0.28 %
F FLAMEK LTD	Ordinary shares	3,179	0.09 %
L LAB7 AS	Ordinary shares	3,179	0.09 %

Shares owned by the ULMATEC HANDLING SYSTEMS AS

Name	Share class	Number of shares	Share
U UMT INVESTMENTS AS	Ordinary shares	2,000,000	37.74 %

Last update: May 24, 2024

Group structure

ULSTEIN MARINE TECHNOLOGY AS
Total operating income 2023: NOK 4,798,564
Operating profit 2023: NOK -1,875,122
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	240,698,960	187,712,777	156,304,020
Annual Total Result	12,040,046	11,695,415	9,423,991
Total assets	190,787,757	157,181,787	88,130,140
Total liabilities	95,286,875	73,720,952	49,582,346
Total equity	95,500,881	83,460,835	38,547,794

P&L

Year	2023	2022	2021
Total operating income	240,698,960	187,712,777	156,304,020
Total operating costs	225,773,495	173,784,532	145,322,058
Operating result	14,925,465	13,928,246	10,981,962
Financial income/costs	-859,664	343,664	273,715
Profit before tax	14,065,801	14,271,910	11,255,677
Total tax & extraordinary income/cost	2,025,755	2,576,495	1,831,686
Annual Total Result	12,040,046	11,695,415	9,423,991

Balance overview

Year	2023	2022	2021
Total fixed assets	48,853,596	36,572,855	16,189,589
Total current assets	141,934,160	120,608,932	71,940,551
Total assets	190,787,757	157,181,787	88,130,140
Short term debt	81,786,875	59,720,952	45,582,346
Long term debt	13,500,000	14,000,000	4,000,000
Total liabilities	95,286,875	73,720,952	49,582,346
Contributed capital	44,603,437	44,603,437	14,000,514
Retained earnings	50,897,444	38,857,398	24,547,280
Total equity	95,500,881	83,460,835	38,547,794
Total equity and liabilities	190,787,757	157,181,787	88,130,140

Classification

Category

Industry and manufacturing

/ Lifting cranes

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

C

Main industrial area

Manufacturing

28

Activity

Manufacture of machinery and equipment n.e.c.

28.2

Main industrial group

Manufacture of other general-purpose machinery

28.22

Industrial group

Manufacture of lifting and handling equipment

28.221

Industrial group

Manufacture of marine lifting and handling equipment