BIZTRAC BETA
COMPANY REGISTER PROFILE
987902140 ORG. NO. 2025 ACCOUNTS 9 SECTIONS
Active UPDATED 02.09.2026
Building of civilian ships and floating structures

SUBSEA COMPOSITE SOLUTIONS AS

Org. no. 987902140 Limited company (AS) Alver Incorporated 2005 Active
Ownership graph ↗
Revenue 2025 NOK 64.6m
Operating profit NOK 10.1m
Equity NOK 6.8m
Incorporated 2005
Employees 14
Share capital NOK 100,000

SUBSEA COMPOSITE SOLUTIONS AS is registered as a limited company in Alver, Vestland with organisation number 987902140. The business is classified under building of civilian ships and floating structures (NACE 30.110). The company was incorporated in 2005 and has 14 registered employees. Registered share capital is NOK 100,000, divided into 100 shares. The company's stated purpose is: “Selskapet er et markedsførings-, salgs-, produksjons- og prosjektgjennomføringsselskap. Virksomheten er utvikling, engineering, markedsføring, salg, produksjon og leveranse av produkter og komponenter til sektorene olje, gass og subsea, samt annen beslektet virksomhet.”. The most recent filed accounts, for the 2025 financial year, show NOK 64.6m in revenue and NOK 10.1m in operating profit.

Former names: BOATINGNORWAY AS, MUNDAL SUBSEA AS

Key figures · 2025

Revenue
NOK 64.6m
▲ +4 %
Operating profit
NOK 10.1m
▼ −34 %
Equity
NOK 6.8m
▼ −46 %
Est. value
NOK 39.7m

Financial health · 2025

Liquidity
1.18
Satisfactory
Current assets ÷ current liabilities
Profitability
39.7%
Very good
Return on total assets
Solidity
24.5%
Good
Equity as a share of total capital

Who owns SUBSEA COMPOSITE SOLUTIONS AS?

SUBSEA COMPOSITE SOLUTIONS AS
NOK 64.6m rev. · NOK 10.1m profit

SUBSEA COMPOSITE SOLUTIONS AS has 1 registered shareholder:

All shareholders and roles →

Frequently asked questions about SUBSEA COMPOSITE SOLUTIONS AS

Who owns SUBSEA COMPOSITE SOLUTIONS AS?

DIAB INTERNATIONAL AB is the largest registered owner, with 100.0%.

What is the revenue of SUBSEA COMPOSITE SOLUTIONS AS?

SUBSEA COMPOSITE SOLUTIONS AS had revenue of NOK 64.6m in 2025.

Who is the general manager of SUBSEA COMPOSITE SOLUTIONS AS?

Vidar Grindheim is registered as general manager of SUBSEA COMPOSITE SOLUTIONS AS.

Where is SUBSEA COMPOSITE SOLUTIONS AS based?

SUBSEA COMPOSITE SOLUTIONS AS has its business address in Sæbøvågen.

Property

Business address Radøyvegen 387, 5938 Sæbøvågen
Cadastral unit 4631-482/88/0/0
Building Annen industribygning · 1 unit

4 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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