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Freight ocean transport

MASTERBULK AS

Org. no. 923842675 Limited company (AS) Bergen Incorporated 2019 Active
Ownership graph ↗
Revenue 2024 NOK 85.5m
Operating profit NOK 12.7m
Equity NOK 260.7m
Incorporated 2019
Share capital NOK 9.7m

MASTERBULK AS is registered as a limited company in Bergen, Vestland with organisation number 923842675. The business is classified under freight ocean transport (NACE 50.201). The company was incorporated in 2019. Registered share capital is NOK 9.7m, divided into 100 shares. The company's stated purpose is: “Drive skipsrederi og virksomheten er begrenset til å bygge, eie og drifte skip, inkludert innhente kapital, oppta lån og stille sikkerhet når dette er nødvendig for å utøve virksomheten. Selskapet skal ikke engasjere seg i andre aktiviteter, foreta andre investeringer eller påta seg andre forpliktelser enn de som er nødvendige for å utøve virksomheten.”. The most recent filed accounts, for the 2024 financial year, show NOK 85.5m in revenue and NOK 12.7m in operating profit.

Key figures · 2024

Revenue
NOK 85.5m
Operating profit
NOK 12.7m
Equity
NOK 260.7m
Est. value
NOK 166.4m

Financial health · 2024

Liquidity
1.72
Good
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
77.5%
Very good
Equity as a share of total capital

Who owns MASTERBULK AS?

ARMADORA AS
MASTERBULK AS
NOK 85.5m rev. · NOK 12.7m profit

MASTERBULK AS has 1 registered shareholder:

All shareholders and roles →

Group structure

MASTERBULK AS er morselskap for 17 datterselskaper:

Frequently asked questions about MASTERBULK AS

Who owns MASTERBULK AS?

ARMADORA AS is the largest registered owner, with 100.0%.

What is the revenue of MASTERBULK AS?

MASTERBULK AS had revenue of NOK 85.5m in 2024.

Who is the general manager of MASTERBULK AS?

Bernt Ulrich August Muller is registered as general manager of MASTERBULK AS.

Where is MASTERBULK AS based?

MASTERBULK AS has its business address in Bergen.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.

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