BIZTRAC BETA
Service activities incidental to water transportation

GEARBULK NORWAY AS

Org. no. 996101061 Limited company (AS) Bergen Incorporated 2010 Active
Ownership graph ↗
Revenue 2024 NOK 144.8m
Operating profit NOK 5.2m
Equity NOK 44,000
Incorporated 2010
Employees 30
Share capital NOK 32,000
45
Credit score
Moderat risiko
Operating margin
3.6%
Net margin
2.8%
Equity ratio
0.1%
Current ratio
0.95
Debt ratio
823.16
Audit
Audited

Analysis

  • Egenkapitalandelen er lav på 0.1%.
  • Kortsiktig gjeld overstiger omløpsmidlene – negativ likviditetsgrad.

Income statement

Periode: 2024-01-01 – 2024-12-31 · Alle tall i NOK

Total operating revenueNOK 144.8m
Total operating costsNOK 139.6m
Operating profit (EBIT)NOK 5.2m
Net financial itemsNOK 5,000
Profit before taxNOK 5.2m
Profit for the yearNOK 4.0m

Balance sheet

Per 2024-12-31 · Alle tall i NOK

Assets

Non-current assetsNOK 7.2m
Current assetsNOK 28.7m
Total assetsNOK 35.9m

Equity and liabilities

Paid-in equityNOK 32,000
Retained earningsNOK 11,000
Total equityNOK 44,000
Current liabilitiesNOK 30.4m
Non-current liabilitiesNOK 5.5m
Total equity and liabilitiesNOK 35.9m

Full financial statements

Reconciled against the register ↓ Download annual report (PDF)

Financial year 2024 · NOK · read automatically from the filed annual report

Cash and bank deposits
NOK 18.5m

Income statement

2024Previous year
kRevenueNOK 130.2mNOK 131.1m
Other incomeNOK 14.6mNOK 16,000
Sum inntekterNOK 144.8mNOK 131.1m
Emplovee benefits expenseNOK 70.7mNOK 64.1m
Depreciation and amortisation expensesNOK 1.4mNOK 3.3m
Other expensesNOK 67.5mNOK 59.4m
Sum kostnaderNOK 139.6mNOK 126.8m
DriftsresultatNOK 5.2mNOK 4.3m
Annen renteinntektNOK 899,000NOK 598,000
Other financial incomeNOK 1.2mNOK 3.2m
Sum finansinntekterNOK 2.1mNOK 3.8m
Annen rentekostnadNOK 373,000NOK 439,000
Other financial expensesNOK 1.7mNOK 3.6m
Sum finanskostnaderNOK 2.1mNOK 4.1m
Netto finansNOK 5,000NOK −310,000
Resultat før skattekostnadNOK 5.2mNOK 4.0m
Income tax expenseNOK 1.2mNOK 915,000
ÅrsresultatNOK 4.0mNOK 3.1m
Årsresultat etter minoritetsinteresserNOK 4.0mNOK 3.1m
TotalresultatNOK 4.0mNOK 3.1m
Ordinært utbytteNOK 4.0mNOK 3.1m
Transferred from other equityNOK −9,000
Sum overføringer og disponeringerNOK 4.0mNOK 3.1m
Utskriftedato 15.07.2025NOK 996.1m

Balance sheet

2024Previous year
Utsatt skattefordelNOK 438,000NOK 612,000
Sum immaterlelle elendelerNOK 438,000NOK 612,000
Equipment and other movablesNOK 1.1mNOK 1.1m
Sum varige driftsmidlerNOK 1.1mNOK 1.1m
Right-of-use assetsNOK 5.6mNOK 6.4m
Sum finansielle anleggsmidlerNOK 5.6mNOK 6.4m
Sum anleggsmidlerNOK 7.2mNOK 8.1m
Accounts receivablesNOK 49,000NOK 784,000
Other short-term receivablesNOK 5.1mNOK 2.1m
KonsernfordringerNOK 5.1mNOK 810,000
Sum fordringerNOK 10.3mNOK 12.7m
Cash and cash equivalentsNOK 18.5mNOK 17.8m
Sum bankinnskudd kontanter og lignendeNOK 18.5mNOK 17.8m
Sum omløpsmidlerNOK 28.7mNOK 30.5m
SUM EIENDELERNOK 35.9mNOK 38.6m
Share capitalNOK 32,000NOK 32,000
Sum innskutt egenkapitalNOK 32,000NOK 32,000
Other equityNOK 11,000NOK 20,000
Sum opptjent egenkapitalNOK 11,000NOK 20,000
Sum egenkapitalNOK 44,000NOK 52,000
PensjonsforpliktelserNOK 709,000NOK 1.1m
Sum avsetninger for forpliktelserNOK 709,000NOK 1.1m
Non-current lease liabilitiesNOK 4.8mNOK 5.6m
Sum annen langsiktig gjeldNOK 4.8mNOK 5.6m
Sum langsiktig gjeldNOK 5.5mNOK 6.7m
LeverandørgjeldNOK 1.5mNOK 4.5m
Tax pavableNOK 1.0mNOK 1.3m
Public duties pavableNOK 3.5mNOK 3.7m
UtbytteNOK 4.0mNOK 3.1m
Kortsiktig konserngjeldNOK 4.3mNOK 1.0m
Other current liabilitiesNOK 16.1mNOK 18.2m
Sum kortsiktig gjeldNOK 30.4mNOK 31.9m
Sum gjeldNOK 35.9mNOK 38.6m
SUM EGENKAPITAL OG GJELDNOK 35.9mNOK 38.6m

Cash flow

2024Previous year
Board of Director'sNOK 2.0bn
During 2024, the Gearbulk Group has nominated in the G2 Ocean Open Hatch management for three tanker vessels forNOK 4.0m
The cash flows from operating activitiesNOK 2.0m
The cash flow from financing activitiesNOK −700,000
Gearbulk Group's annual TransparencyNOK 2.0bn
The board considers that the working implemented in this connection. The connection with their work. Total sick leaveNOK 113
Gearbulk Norway AS has a goal to be a and women, and has established a personnel the end of year the company hadNOK 18NOK 2
The company does not carry on activity may lead to pollution or other accidents. international legislation and requirements.NOK 2,000
In 2024 the company had a result of afterNOK 4.0m
From other equityNOK 732
Tax paidNOK −854
Difference between expensed pension payments in/outNOK 399NOK 318
Change in accounts receivablesNOK 735NOK −784
Change in other accrual items, incl intercompany itemsNOK 10,000
Investment in property, plant and equipmentNOK −623NOK 742
Net cash flow from investing activitiesNOK −623NOK −950
Repayment of lease liabilitiesNOK −739NOK −696
Net cash flow from financing activitiesNOK −739
Net change in cash balancesNOK 663

The figures are read automatically from the filed annual report and may contain errors. Control figures are reconciled against the Register of Company Accounts.

Source: the Brønnøysund registers / the Register of Company Accounts. Credit score calculated by Biztrac.

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

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