Kongsberg Maritime Limited

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Kongsberg Maritime Limited - overview

Established

1814

Location

-, -, UK

Primary Industry

Consumer Products

About

Kongsberg Maritime Limited is a technology group providing advanced solutions for high-risk operations across defence, energy, maritime, fisheries, and aerospace industries, supporting over 30,000 vessels worldwide. Kongsberg Maritime Limited specializes in advanced technology solutions for various sectors, including maritime and aerospace. Founded in 1814, the company is headquartered in Kongsberg, Norway. It has evolved its strategy over the years to enhance its product offerings, but no specific pivots or mergers are noted.


Kongsberg is not reported to have subsidiaries or a parent company. Information on the founder is not available. KONGSBERG is a technology group that specializes in delivering advanced solutions across several industries, including defence, energy, maritime, fisheries, and aerospace. Their core product offerings include sophisticated software and hardware systems designed for high-risk operations, such as subsea autonomy, satellite surveillance, and real-time analytics.


Key solutions encompass Kongsberg Digital's digitalization tools, which optimize operational efficiency, and Kongsberg Maritime's technologies that support over 30,000 vessels worldwide. Additionally, Kongsberg Defence & Aerospace provides systems that enhance national security and critical infrastructure protection. These products are marketed primarily in Europe, North America, and Asia, serving a diverse client base that includes government entities, commercial maritime operators, and energy companies. KONGSBERG has demonstrated solid revenue growth, reporting a 20% increase compared to the previous fiscal year.


The company's revenue-generating activities are structured through various transaction models, including B2B partnerships and direct sales to government and commercial clients. Their flagship products, such as the HUGIN autonomous underwater vehicle and integrated technology packages for maritime applications, facilitate long-term contracts and project-based engagements. Revenue is typically derived from both one-time sales and recurring service agreements, which ensure ongoing support and system updates for clients. This transactional framework underscores KONGSBERG's commitment to providing sustainable solutions that meet the high demands of today's operational environments.


Primary Industry

Consumer Products

Sub Industries

Consumer Products

Website

www.kongsberg.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Kongsberg Maritime Limited - timeline of key events

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Kongsberg Maritime Limited - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)23,688,00052,365,000---
% Revenue Growth (YoY)-121.1%---
EBITDA (USD)2,053,0003,035,000---
Operating Income (USD)989,0001,473,000---
Operating Margin4.2%2.8%---
% EBITDA Margin8.7%5.8%---
NET Income (USD)1,546,0001,462,000---
% Net Margin6.5%2.8%---

Kongsberg Maritime Limited - employee data

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