KONGSBERG MARITIME LIMITED

1. KONGSBERG MARITIME LIMITED 2004-01-28 → present
2. KONGSBERG SIMRAD LIMITED 1997-01-01 → 2004-01-28
3. SIMRAD LIMITED 1995-01-01 → 1997-01-01
4. SIMRAD OSPREY LIMITED 1993-01-04 → 1995-01-01
5. OSPREY GROUP LIMITED 1990-06-25 → 1993-01-04
6. TMMS LIMITED 1988-02-17 → 1990-06-25
7. WEST GEORGE STREET (375) LIMITED 1987-11-02 → 1988-02-17

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The directors are satisfied that the financial needs of the Company should be met within its current banking facility. The Company has conducted an assessment on the potential financial and operational risks to the business, considering any financial implications arising from the following: Forecast trading performance for the remainder of 2025, and through to 30 September 2026; Cash flow projections; Order books. It is the directors' opinion, that due to the diverse portfolio of different businesses within Kongsberg, and the strength of the ultimate parent company, no such plausible scenarios currently exist.”

Significant events

• “There were no statutory or improvement visits during 2024 (2023: none). There was I reportable injury, which occurred in October 2024 (2023: none).”
• “Gross carbon emissions (reported in SECR data) have increased compared with the previous year, mostly due to an increase in emissions from business travel, which mainly resulted from increased levels of business.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +38.5%

  £49,235,000 → £68,198,000

• Cash

  -36.5%

  £9,630,000 → £6,116,000

• Net assets

  +21.9%

  £17,505,000 → £21,345,000

• Employees

  -1%

  209 → 207

• Operating profit

  +962%

  £1,226,000 → £13,020,000

• Profit before tax

  +678.6%

  £1,688,000 → £13,142,000

• Wages

  +2.7%

  £13,815,000 → £14,194,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers