Oceanteam ASA

OTS

NO0010317316

Oil Related Services and Equipment

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-26 am EDT			5-day change	1st Jan Change
1.125 ^NOK	+4.17%		+6.13%	-24.75%

Mar. 27	Oceanteam ASA Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Mar. 27	An undisclosed buyer completed the acquisition of Oceanteam Cable Solutions B.V from Oceanteam ASA (OB:OTS) for ?5.2 million.	CI

Oceanteam ASA reports full year 2023 results

March 27, 2024 at 05:53 am EDT

The financial year 2023 was a transitional year for Oceanteam with the Oceanteam
Solutions segment sale being finalised as well as all the companies representing
the Oceanteam Shipping segment either being liquidated or sold. These operating
segments are presented under discontinued operations.

The loss from continuing operations has decreased from USD 1.2 million in 2022
to USD 0.8 million in 2023. The total loss has decreased from USD 8.2 million in
2022 to USD 1.3 million in 2023.

For further information about Oceanteam ASA please visit www.oceanteam.no or
contact:

Michael Timson
CEO
Oceanteam ASA
Telephone: +47 55 10 82 40
E-mail: info@oceanteam.no

Click here for more information

Latest news about Oceanteam ASA

Oceanteam ASA Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 27	CI
An undisclosed buyer completed the acquisition of Oceanteam Cable Solutions B.V from Oceanteam ASA (OB:OTS) for ?5.2 million.	Mar. 26	CI
Oceanteam ASA Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-29	CI
Oceanteam ASA Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-05	CI
Norway's Oceanteam Appoints New Interim CEO	23-03-01	MT
Oceanteam ASA Announces Executive Changes	23-02-28	CI
An unknown strategic buyer signed a share purchase agreement to acquire Oceanteam Solutions B.V from Oceanteam ASA (OB:OTS).	22-12-14	CI
Oceanteam ASA Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-31	CI
Oceanteam ASA Reports Earnings Results for the Full Year Ended December 31, 2021	22-04-13	CI
Oceanteam ASA Auditor Raises 'Going Concern' Doubt	22-04-12	CI
Oceanteam ASA Announces Deployment its 4000 Tonne Carousel	22-02-04	CI
Oceanteam ASA Secures Cable Transport and Extends Storage Contract	21-12-20	CI
Oceanteam ASA Announces Executive Changes, Effective 1 November 2021	21-10-29	CI
Oceanteam ASA Announces Executive Changes	21-10-29	CI
Oceanteam Asa Reports Earnings Results for the Half Year Ended June 30, 2021	21-08-27	CI
Oceanteam : Appoints Interim CEO	21-08-02	MT
Oceanteam ASA Appoints Henk Hazenoot as Interim CEO	21-08-02	CI
Oceanteam ASA Appoints Ben De Jong as CFO	21-08-02	CI
Oceanteam ASA Announces Resignation of Henk Van Den IJssel as CEO, Effective on 1 August 2021	21-07-08	CI
Oceanteam Secures Contract for the Provision of Cable Transport Spread	21-05-16	CI
Oceanteam Asa Reports Earnings Results for the Full Year Ended December 31, 2020	21-04-09	CI
PASSER Group AS signed term sheet to acquire Oceanteam ASA (OB:OTS) from Corinvest B.V.,Stichting Value Partners Family Office and others in a reverse merger transaction for approximately NOK 230 million.	21-03-25	CI
Oceanteam ASA Extends Storage Contract of 100+ Kilometres Subsea Cable with One of Europe’s Cable Manufacturers	21-01-24	CI
Csv Southern Ocean Secures Contract with Boskalis	21-01-15	CI
Oceanteam Solutions Secures New Contract for 2000T Carousel in Asia – Transport & Rental - Strategic Relocation of Equipment	20-12-01	CI

Oceanteam ASA is a Norway-based offshore services company. The Company owns, charters and manages deep-water offshore support vessels (CSVs & Pipe Lay) and fast support vessels. The Company focuses on solution driven offshore services by combining engineering and equipment capabilities. The Company is engaged in the design, build and own a big pool of demountable turntables and additional equipment for a variety of cables, umbilicals, pipes and flowlines. The Company operates on a global basis and is comprised of two operating segments: Oceanteam Shipping and Oceanteam Solutions. Oceanteam is known for its reliability, flexibility and pro-active approach. The Company has offices in Baerum, Norway and a regional office in Velsen-Noord, the Netherlands.

Sector

Oil Related Services and Equipment

Calendar

2024-05-14 - Annual General Meeting

More about the company

Income Statement Evolution

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