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I.M. Skaugen SE
Karenslyst Alle 8 B
Phone: (23) 120-400Oslo  0277  NorwayTicker: IMSK

Business Summary
I.M. Skaugen SE is a Norway-based holding company, active within the marine transportation sector. It is primarily engaged in the transportation of petrochemical gases: liquefied petroleum gas (LPG) and liquefied natural gas (LNG). The Company is also active in the business of marine transfer of crude oil and LNG, as well as in the shipbuilding business, constructing small and specialized marine vessels. I.M. Skaugen operates within three business areas: Gas Activities, which are conducted by Norgas Carriers AS, and comprise transportation of petrochemical gases and carbon dioxide (CO2); China Activities, which are conducted by Skaugen (China) Holding Company and are concentrated on domestic gas and chemical transportation, training of seafarers and building new vessels, and Marine Transfer Activities that are conducted by Skaugen Petro Trans, Inc., and comprise marine transfer of crude oil and LNG. The Company’s activities are stretched throughout Northern America, Europe and Asia.
 
Financial Information
Financial Ratings:Z'' Score  FRISK Score
Latest Financial Statements
and Analyses:
12/31/2009    Annual Financials    Quarterly Financials    
Current Fiscal Period:4Q 2009
Fiscal Year End:December
Last Audit:12/31/2008
Auditors:PricewaterhouseCoopers LLP
Audit Opinion:Unqualified
Other Statements:Trade Payment History    
 
News Stories
Date
Headline
1/19/2010I.M. Skaugen SE -- updated financials available
1/15/2010I.M. Skaugen ASA Board Proposes Not To Pay FY 2009 Dividend
29 additional News Stories available in full report.
 
Industries
Type
Code
Description
SectorTRANSPTransportation
IndustryWATERTWater Transportation
SIC4412Deep Sea Foreign Transportation Of Freight
4424Deep Sea Domestic Transportation Of Freight
3731Ship Building And Repairing
NAICS483111Deep Sea Freight Transportation
483113Coastal and Great Lakes Freight Transportation
336611Ship Building and Repairing
 
Management

Title

Name

Age
Title
Date
Start
Date
Chairman of the BoardErik Eik 3/1/19991/1/1994
Chief Executive OfficerMorits Skaugen 1/1/1992 
Vice Chairman of the BoardBertel O. Steen61 1/1/2003
10 additional Management records available in full report.
 
Business Names
Business Name
I.M. Skaugen ASA
Norgas
 
General Information
Number of Employees:1,800 (As of 12/31/2009)
Outstanding Shares:27,097,990 (As of 12/31/2009)
Shareholders:2,344 (As of 12/31/2007)
Stock Exchange:OSL
Fax Number:(23) 120-401
 

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