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Activities of insurance agents and brokers

PEN UNDERWRITING EUROPE AS

Org. no. 988494534 Limited company (AS) Bergen Incorporated 2005 Active
Ownership graph ↗
Revenue 2024 NOK 33.8m
Operating profit NOK −8.3m
Equity NOK 1.9m
Incorporated 2005
Employees 14
Share capital NOK 2.4m

Signals

1 flags
  • Driftsunderskudd 2024 Siste driftsresultat er negativt (−8,3 mill kr).

PEN UNDERWRITING EUROPE AS is registered as a limited company in Bergen, Vestland with organisation number 988494534. The business is classified under activities of insurance agents and brokers (NACE 66.220). The company was incorporated in 2005 and has 14 registered employees. Registered share capital is NOK 2.4m, divided into 16468 shares. The company's stated purpose is: “Selskapets formål er formidling av forsikring, forsikringsagentur, drift av forsikringsavtaler, skadebehandling samt hva hermed står i forbindelse, herunder deltakelse i andre selskaper med lignende virksomhet.”. The most recent filed accounts, for the 2024 financial year, show NOK 33.8m in revenue and NOK −8.3m in operating profit.

Key figures · 2024

Revenue
NOK 33.8m
Operating profit
NOK −8.3m
Equity
NOK 1.9m
Est. value
NOK 29.1m

Financial health · 2024

Liquidity
1.73
Good
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
9.7%
Weak
Equity as a share of total capital

Who owns PEN UNDERWRITING EUROPE AS?

GALLAGHER HOLDINGS & MANAGEMENT
PEN UNDERWRITING EUROPE AS
NOK 33.8m rev. · NOK −8.3m profit

PEN UNDERWRITING EUROPE AS has 2 registered shareholders:

All shareholders and roles →

Frequently asked questions about PEN UNDERWRITING EUROPE AS

Who owns PEN UNDERWRITING EUROPE AS?

GALLAGHER HOLDINGS & MANAGEMENT is the largest registered owner, with 91.8%.

What is the revenue of PEN UNDERWRITING EUROPE AS?

PEN UNDERWRITING EUROPE AS had revenue of NOK 33.8m in 2024.

Who is the general manager of PEN UNDERWRITING EUROPE AS?

Ola Skauge is registered as general manager of PEN UNDERWRITING EUROPE AS.

Where is PEN UNDERWRITING EUROPE AS based?

PEN UNDERWRITING EUROPE 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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