Private limited company · Oslo
DEME OFFSHORE NO WTIV 1 AS
ActiveConstruction of utility projects for electricity and telecommunications at sea (42.221)
The life line 2022–2026
Operating revenue per year, with recorded events above. As a table
Operating revenue 2025: EUR 9.4m.
Sources: the Register of Company Accounts (company accounts), fetched 9 Nov 2026; the Brønnøysund Register Centre. Each event has the colour of the section it is in.
In brief
DEME OFFSHORE NO WTIV 1 AS is a private limited company in Oslo, founded in 2022, in the industry construction of utility projects for electricity and telecommunications at sea. The chief executive is Martin Degen, and the chair of the board is Martin Degen. In 2025 the company had EUR 9.4m in operating revenue and a net profit of EUR −4.5m. The largest owner is DEME OFFSHORE NO AS with 100.0%.
Put together by Intelligo from the sections below; each figure stands with its source where it belongs.
Overview
§ 01 Latest changes
4 changes, latest 19 Aug 2026
- Annual accounts filed 2024 → 2025
- Godkjente årsregnskap
- Endring av styre
- Endring av daglig leder
Source: the Brønnøysund Register Centre and Intelligo's own observations, fetched 15 Nov 2026 · All events →
Overview
§ 02 Worth knowing
3 points
- NoteChanged auditor 5 Feb 2026
- Note3 of 3 on the board are new in the last 12 months
- OKEquity ratio 52.6%, above the industry median
Assumed: derived by Intelligo by fixed rules, not a credit rating. How we calculate
Overview
§ 03 Key figures
Revenue EUR 9.4m in 2025
Revenue
EUR 9.4m
— from 2024
20232025
Operating profit
EUR −6.0m
— from 2024
20232025
Net profit
EUR −4.5m
— from 2024
20232025
Equity
EUR 181.4m
— from 2024
20232025
Source: the Register of Company Accounts, read 9 Nov 2026 · The full accounts →
Finances
§ 04 Where the money comes from and goes
Financial year 2025
Of every krone of operating revenue in 2025:
- Operating costs 164%
Costs exceeded revenue: the operating result was EUR −6.0m.
Source: the Register of Company Accounts, read 9 Nov 2026
Finances
§ 05 Financial health
Equity ratio 52.6%
- DEME OFFSHORE NO WTIV 1 AS, 2025
- Industry median, assumed: 4.3% · 38.1%
Equity EUR 181.4m53% of the assets (EUR 345.1m)
Source: the Register of Company Accounts, read 9 Nov 2026. The median is derived by Intelligo from 717 companies in industry division 42 (Civil engineering), not stated by the source.
Finances
§ 06 Accounts
1 years, latest 2025
| EUR 1,000 | 2025 | |
|---|---|---|
| Operating revenue | 9,400 | |
| Operating profit | −5,974 | |
| Profit before tax | −4,540 | |
| Net profit | −4,540 | |
| Total assets | 345,131 | |
| Equity | 181,413 | |
| Liabilities | 163,718 |
Source: the Register of Company Accounts, read 9 Nov 2026 · All 1 years →
Management and ownership
§ 07 Officers
6 officers now
- ERNST & YOUNG ASAuditor since 2026
- Martin DegenChief executive since 2026
- Martin DegenChair of the board since 2026
- PWC TAX SERVICES ASAccountant
- Bart Dries VandemeulebrouckeBoard member since 2026
- Sofie Joris A VerlindenBoard member since 2026
Source: the Brønnøysund Register Centre, read 5 Nov 2026 · All 6 roles, former ones too →
Management and ownership
§ 08 Signature, procuration and authorisations
May sign for the company:
To styremedlemmer i fellesskap. Daglig leder og styrets leder i fellesskap.
Procuration: none registered.
The signature is word for word from the register. Source: the Register of Business Enterprises, read 5 Oct 2026
Management and ownership
§ 09 Owners
1 shareholder · largest 100.0%
| Owner | Share |
|---|---|
| DEME OFFSHORE NO AS | 100.0% |
Source: the Tax Administration's Register of Shareholders as of 31 December 2025, read 31 Jul 2026 · All 1 owners →
Management and ownership
§ 10 Group
None registered
Not a group.No subsidiaries in the shareholder register, and no group accounts. Checked 15 Nov 2026.
Management and ownership
§ 11 Portfolio
None registered
No holdings registered.The shareholder register has no shares held by the company. Checked 15 Nov 2026.
Management and ownership
§ 12 Network
9 connections
- Person
- Company
3 people link DEME OFFSHORE NO WTIV 1 AS to 3 other companies: Martin Degen 2, Bart Dries Vandemeulebroucke 3 and Sofie Joris A Verlinden 2.
Source: the Brønnøysund Register Centre, read 5 Nov 2026 · Explore the network →
Events and registers
§ 13 Events
22 since 2022
Events per year
20222026
Since 2022: 19 announcements, 1 register change and 1 new and 1 former owners. Most happened in 2025 and 2026.
Source: the announcements of the Brønnøysund Register Centre, the Tax Administration's Register of Shareholders, Doffin, TED and NAV, read 14 Nov 2026. Register changes are Intelligo's own observations. · All 22 events →
Events and registers
§ 14 Notices
19, latest 18 Aug 2026
- Godkjente årsregnskap
- Styre
- Daglig leder
Source: The Brønnøysund Register Centre's announcements ↗, read 14 Nov 2026 · All 19 →
Events and registers
§ 15 Charges
Not fetched yet
Events and registers
§ 16 Other registers
Found in 3 of 7
- The Central Coordinating RegisterRegistered 22 Oct 2022
- VATRegistered
- The Register of Business EnterprisesRegistered 22 Oct 2022
- The Cleaning RegisterNot registered
- The Register of Staffing AgenciesNot registered
- Smiley scheme, the Norwegian Food Safety AuthorityNot registered
- The Financial Supervisory Authority's licence registerNot registered
Purpose: Eie og drifte skip herunder befraktning (rederivirksomhet).
Source: the Brønnøysund Register Centre, the Labour Inspection Authority, the Food Safety Authority and the Financial Supervisory Authority, each on its own, fetched 15 Nov 2026
Market
§ 17 Tenders
None registered
No tenders recorded.No public tenders won, lost or announced, in Doffin or TED. Checked 15 Nov 2026.
Market
§ 18 Vacancies
None registered
No vacancies.No open ads at NAV. Checked 15 Nov 2026.
Market
§ 19 Competitors
Industry code 42.221
The companies most like it:
Compare themThe selection is Intelligo's, not stated by the source: companies met in tenders and winners of tenders of the same kind, otherwise the same industry code, nearest in place and size. Source: the Brønnøysund Register Centre, Doffin and TED, fetched 15 Nov 2026 · All competitors → · Largest in the industry →
Last
§ 20 Questions and answers
7 questions
- Who is the chief executive of DEME OFFSHORE NO WTIV 1 AS?
Martin Degen, since 2026. § 07 - Who owns DEME OFFSHORE NO WTIV 1 AS?
1 shareholder. It is DEME OFFSHORE NO AS with 100.0%. § 09 - What was the revenue in 2025?
EUR 9.4m in the company. § 06 - Who can sign for DEME OFFSHORE NO WTIV 1 AS?
To styremedlemmer i fellesskap. Daglig leder og styrets leder i fellesskap. § 08 - Who is the auditor?
ERNST & YOUNG AS, from 5 Feb 2026. § 07 - Where is DEME OFFSHORE NO WTIV 1 AS based?
Karenslyst allé 53, 0279 Oslo. - When was DEME OFFSHORE NO WTIV 1 AS founded?
1 Sep 2022, registered in the Register of Business Enterprises 22 Oct 2022. § 16
The answers come from the sections linked to, with their sources.