TRANSOCEAN SERVICES AS
Organization
- CEO
- KVKnut Vavik1968 
- Chairman of the board
- KVKnut Vavik1968 
- Years since formation
- 26 years
- since Jul 1, 1999
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 80
Ownership
- Number of shares and share classes
- 130,000
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2024
- 336,087,000
- NOK
- Annual total result 2024
- 1,096,948,000
- NOK
- Total equity 2024
- 7,654,603,000
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares | 
|---|---|---|
| KV 1968 | Managing Director/CEO | - | 
Board
| Name | Role | Shares | 
|---|---|---|
| KV 1968 | Chairman | - | 
| IR | Board Member | - | 
| LL | Board Member | - | 
Others
| Name | Role | Shares | 
|---|---|---|
| Auditor | - | 
Last update: Dec 31, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 130,000 | 100 % | 
Shares owned by the TRANSOCEAN SERVICES AS
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| NO0010373558 | 110,000 | 100 % | |
| NO0010373541 | 110,000 | 100 % | |
| Ordinary shares | 10,000 | 100 % | 
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 336,087,000Operating profit 2024: NOK 16,013,000Employees: 80
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 336,087,000 | 315,361,000 | 290,083,000 | 283,164,000 | 
| Annual Total Result | 1,096,948,000 | 112,896,000 | 579,191,000 | -226,937,000 | 
| Total assets | 12,675,019,000 | 9,498,658,000 | 7,736,587,000 | 6,958,947,000 | 
| Total liabilities | 5,020,416,000 | 2,941,003,000 | 1,291,828,000 | 1,093,379,000 | 
| Total equity | 7,654,603,000 | 6,557,655,000 | 6,444,759,000 | 5,865,568,000 | 
P&L
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 336,087,000 | 315,361,000 | 290,083,000 | 283,164,000 | 
| Total operating costs | 320,074,000 | 301,046,000 | 274,351,000 | 268,556,000 | 
| Operating result | 16,013,000 | 14,315,000 | 15,732,000 | 14,608,000 | 
| Financial income/costs | 1,080,935,000 | 99,052,000 | 563,459,000 | -241,545,000 | 
| Profit before tax | 1,096,948,000 | 113,367,000 | 579,191,000 | -226,937,000 | 
| Total tax & extraordinary income/cost | 0 | 471,000 | 0 | 0 | 
| Annual Total Result | 1,096,948,000 | 112,896,000 | 579,191,000 | -226,937,000 | 
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total fixed assets | 7,421,498,000 | 4,426,754,000 | 4,656,984,000 | 4,206,245,000 | 
| Total current assets | 5,253,521,000 | 5,071,904,000 | 3,079,603,000 | 2,752,702,000 | 
| Total assets | 12,675,019,000 | 9,498,658,000 | 7,736,587,000 | 6,958,947,000 | 
| Short term debt | 71,357,000 | 82,868,000 | 1,187,393,000 | 863,603,000 | 
| Long term debt | 4,949,059,000 | 2,858,135,000 | 104,435,000 | 229,776,000 | 
| Total liabilities | 5,020,416,000 | 2,941,003,000 | 1,291,828,000 | 1,093,379,000 | 
| Contributed capital | 17,027,646,000 | 17,027,646,000 | 17,027,646,000 | 17,027,646,000 | 
| Retained earnings | -9,373,043,000 | -10,469,991,000 | -10,582,887,000 | -11,162,078,000 | 
| Total equity | 7,654,603,000 | 6,557,655,000 | 6,444,759,000 | 5,865,568,000 | 
| Total equity and liabilities | 12,675,019,000 | 9,498,658,000 | 7,736,587,000 | 6,958,947,000 | 
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