Overview
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Rem Bengt Arve
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Deep Sea, Coastal, and Great Lakes Water Transportation
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Business Support Services
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Water Transportation
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Transportation and Warehousing
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Deep sea foreign transportation of freight
See All Industries Business services, nec
See Fewer Industries
See All Industries Business services, nec
See Fewer Industries
Charter Bus Industry
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Couriers and Express Delivery Services
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Freight Transportation Arrangement
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General Freight Trucking
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Inland Water Transportation
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Interurban and Rural Bus Transportation
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Local Messengers and Local Delivery
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Nonscheduled Air Transportation
View more , Other Pipeline Transportation , Other Support Activities for Transportation , Other Transit and Ground Passenger Transportation , Pipeline Transportation of Crude Oil , Pipeline Transportation of Natural Gas , Postal Service , Rail Transportation , Scenic and Sightseeing Transportation, Land , Scenic and Sightseeing Transportation, Other , Scenic and Sightseeing Transportation, Water , Scheduled Air Transportation , School and Employee Bus Transportation , Specialized Freight Trucking , Support Activities for Air Transportation , Support Activities for Rail Transportation , Support Activities for Road Transportation , Support Activities for Water Transportation , Taxi and Limousine Service , Urban Transit Systems Warehousing and Storage
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View more , Other Pipeline Transportation , Other Support Activities for Transportation , Other Transit and Ground Passenger Transportation , Pipeline Transportation of Crude Oil , Pipeline Transportation of Natural Gas , Postal Service , Rail Transportation , Scenic and Sightseeing Transportation, Land , Scenic and Sightseeing Transportation, Other , Scenic and Sightseeing Transportation, Water , Scheduled Air Transportation , School and Employee Bus Transportation , Specialized Freight Trucking , Support Activities for Air Transportation , Support Activities for Rail Transportation , Support Activities for Road Transportation , Support Activities for Water Transportation , Taxi and Limousine Service , Urban Transit Systems Warehousing and Storage
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Modelled
$1.23 billion
Actual
13.6%
$117
DEC
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Oslo:WEST
Contacts
Get in Touch with 5 Principals*
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Rem Bengt ArveChairman of the Board
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$1.23 billion
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | -$6 | -$18 | $55 |
| Net Investing Cash | -$0 | -$0 | $1 |
| Net Financing Cash | $ | -$10 | -$109 |
| Net Change in Cash | -$6 | -$28 | -$53 |
| Cash at Beginning of Period | $40 | $69 | $122 |
| Cash at End of Period | $34 | $40 | $69 |
| Capital Expenditure | -$0 | -$0 | -$0 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $28 | $33 | $69 |
| Accounts Receivable | $35 | $24 | $37 |
| Inventories | $39 | $53 | $48 |
| Other Current Assets | $14 | $9 | $8 |
| Asset Summary | |||
| Total Current Assets | $116 | $119 | $162 |
| Tangible Fixed Assets | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 |
| Total Assets | $118 | $120 | $163 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $15 | $14 | $15 |
| Short-Term Debt | $ | $ | $0 |
| Other Current Liabilities | $52 | $53 | $79 |
| Liability Summary | |||
| Total Current Liabilities | $68 | $67 | $94 |
| Long-Term Debt | $ | $ | $ |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $68 | $67 | $95 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $0 | $0 | $0 |
| Retained Earnings | $37 | $40 | $56 |
| Equity Summary | |||
| Total Equity | $50 | $52 | $68 |
| Shares Outstanding | 33,619,715 | 33,619,715 | 33,619,715 |