BIZTRAC BETA
COMPANY REGISTER PROFILE
988494534 ORG. NO. 2025 ACCOUNTS 9 SECTIONS
Active UPDATED 02.09.2026
Activities of insurance agents and brokers

PEN UNDERWRITING EUROPE AS

Org. no. 988494534 Limited company (AS) Bergen Incorporated 2005 Active
Ownership graph ↗
Revenue 2025 NOK 27.4m
Operating profit NOK −9.4m
Equity NOK 33.4m
Incorporated 2005
Employees 12
Share capital NOK 2.4m

Signals

1 flags
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−9,4 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 12 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 2025 financial year, show NOK 27.4m in revenue and NOK −9.4m in operating profit.

Former names: FENDER MARINE AS

Key figures · 2025

Revenue
NOK 27.4m
▼ −19 %
Operating profit
NOK −9.4m
▼ −14 %
Equity
NOK 33.4m
▲ +1679 %
Est. value
NOK 42.9m

Financial health · 2025

Liquidity
5.75
Very good
Current assets ÷ current liabilities
Profitability
-22.4%
Not satisfactory
Return on total assets
Solidity
83.6%
Very good
Equity as a share of total capital

Who owns PEN UNDERWRITING EUROPE AS?

PEN UNDERWRITING EUROPE AS
NOK 27.4m rev. · NOK −9.4m 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 27.4m in 2025.

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.

Property

Business address Inger Bang Lunds vei 4, 5059 Bergen
Cadastral unit 4601-159/84/0/0
Building Annen kontorbygning · 1 unit

443 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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