GOLDEN ENERGY OFFSHORE MANAGEMENT AS • 996200760 • Ålesund • Water transport

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GOLDEN ENERGY OFFSHORE MANAGEMENT AS

Keywords

offshoresupplyservice servicessea transporttechnical personnelfloating installationsequipmentgoodsoffshore operations

Organization

CEO: PI
Per Ivar Fagervoll1962
Chairman of the board: PI
Per Ivar Fagervoll1962
Years since formation: 14 years; since Nov 18, 2010
Type: Limited company
VAT registered: Yes
Number of employees: 8

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 11,993,646; NOK
Annual total result 2023: -4,137,682; NOK
Total equity 2023: -14,011,406; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
PI Per Ivar Fagervoll 1962	Managing Director/CEO	1.37 % indirectly

Board

Name	Role	Shares
PI Per Ivar Fagervoll 1962	Chairman	1.37 % indirectly
KZ Kyriacos Zarvanos 1967 Resigned	Board Member	-
GK Georgios Kakoulidis 1969 Resigned	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
A AZETS INSIGHT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
OG Olav Hofstad Gunnes 1968	-	1.6 % indirectly
AN Andreas Narten Ugland 1984	-	1.5 % indirectly
PI Per Ivar Fagervoll 1962	Managing Director/CEO, Chairman	1.37 % indirectly
JH Jan Heggelund 1959	-	1.33 % indirectly

Last update: May 25, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
G GEOSMH AS	Ordinary shares	100	100 %

Shares owned by the GOLDEN ENERGY OFFSHORE MANAGEMENT AS

Name	Share class	Number of shares	Share
N NEW GEOC AS	Ordinary shares	100	100 %
G GOLDEN ENERGY OFFSHORE HOLDINGS (NORWAY) AS	Ordinary shares	361	66.98 %

Last update: May 24, 2024

Group structure

GOLDEN ENERGY OFFSHORE SERVICES ASA
Total operating income 2023: NOK 0
Operating profit 2023: NOK -26,440,000
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	11,993,646	61,404,372	21,231,166
Annual Total Result	-4,137,682	16,149,065	998,951
Total assets	4,255,496	26,264,442	103,618,715
Total liabilities	18,266,902	81,492,750	175,167,924
Total equity	-14,011,406	-55,228,308	-71,549,209

P&L

Year	2023	2022	2021
Total operating income	11,993,646	61,404,372	21,231,166
Total operating costs	16,832,669	14,046,290	15,175,793
Operating result	-4,839,022	47,358,082	6,055,373
Financial income/costs	701,340	-31,209,017	-5,056,422
Profit before tax	-4,137,682	16,149,065	998,951
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-4,137,682	16,149,065	998,951

Balance overview

Year	2023	2022	2021
Total fixed assets	0	1,403,386	2,368,915
Total current assets	4,255,496	24,861,056	101,249,800
Total assets	4,255,496	26,264,442	103,618,715
Short term debt	18,266,902	81,492,750	175,167,924
Long term debt	0	0	0
Total liabilities	18,266,902	81,492,750	175,167,924
Contributed capital	7,176,606	7,176,606	7,176,606
Retained earnings	-21,188,012	-62,404,914	-78,725,814
Total equity	-14,011,406	-55,228,308	-71,549,209
Total equity and liabilities	4,255,496	26,264,442	103,618,715

Classification

Category

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

H

Main industrial area

Transportation and storage

50

Activity

Water transport

50.2

Main industrial group

Sea and coastal freight water transport

50.20

Industrial group

Sea and coastal freight water transport

50.204

Industrial group

Supply and other sea transport offshore services