ATLANTIC OFFSHORE ALPHA AS

Atlantic Offshore — Powered by passion, Driven by safety,Atlantic Offshore — Powered by passion, Driven by safety

Provider of emergency response, oil recovery, multi-role, supply, and seismic support vessels.

Keywords

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

Organization

CEO: AA
Arnfred Apeland1958
Chairman of the board: RW
Roy Wareberg1960
Years since formation: 17 years; since May 20, 2008
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 50,000,025; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 44,619,229; NOK
Annual total result 2023: -23,931,560; NOK
Total equity 2023: 17,566,585; NOK

Last update: Dec 5, 2024

Management

Management / administration

Name	Role	Shares
AA Arnfred Apeland 1958	Managing Director/CEO	3.99 % indirectly

Board

Name	Role	Shares
RW Roy Wareberg 1960	Chairman	6.98 % indirectly
AA Arnfred Apeland 1958	Board Member	3.99 % indirectly

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
RW Roy Wareberg 1960	Chairman	6.98 % indirectly
RK Reid Kjetil Borgersen 1960	-	4.99 % indirectly
AA Arnfred Apeland 1958	Managing Director/CEO, Board Member	3.99 % indirectly
RS Runar Sakkestad 1958	-	2.49 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
A ATLANTIC OFFSHORE AS	Ordinary shares	50,000,025	100 %

Last update: May 24, 2024

Group structure

ØGREID HOLDING AS
Total operating income 2023: NOK 40,000,000
Operating profit 2023: NOK 39,912,094
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	44,619,229	45,706,993	51,067,315
Annual Total Result	-23,931,560	-3,943,837	7,884,188
Total assets	127,662,572	163,430,292	181,960,231
Total liabilities	110,095,987	121,932,147	136,518,249
Total equity	17,566,585	41,498,145	45,441,982

P&L

Year	2023	2022	2021
Total operating income	44,619,229	45,706,993	51,067,315
Total operating costs	61,745,916	45,380,416	38,253,633
Operating result	-17,126,687	326,577	12,813,682
Financial income/costs	-6,801,588	-4,267,129	-4,926,210
Profit before tax	-23,928,275	-3,940,552	7,887,473
Total tax & extraordinary income/cost	3,285	3,285	3,285
Annual Total Result	-23,931,560	-3,943,837	7,884,188

Balance overview

Year	2023	2022	2021
Total fixed assets	116,000,000	144,632,970	155,949,113
Total current assets	11,662,572	18,797,322	26,011,119
Total assets	127,662,572	163,430,292	181,960,231
Short term debt	2,595,987	2,900,147	3,217,175
Long term debt	107,500,000	119,032,000	133,301,074
Total liabilities	110,095,987	121,932,147	136,518,249
Contributed capital	50,000,025	50,000,025	50,000,025
Retained earnings	-32,433,440	-8,501,880	-4,558,043
Total equity	17,566,585	41,498,145	45,441,982
Total equity and liabilities	127,662,572	163,430,292	181,960,231

ATLANTIC OFFSHORE ALPHA AS992 685 166