December 18, 2014 12:24 PM ET

Diversified Financial Services

Company Overview of Imarex ASA

Company Overview

Imarex ASA does not have significant operations. Previously, it was engaged in the provision of clearing services to the freight industry and seafood market. The company was formerly known as IMAREX NOS ASA and changed its name to Imarex ASA in 2007. Imarex ASA was founded in 2000 and is headquartered in Oslo, Norway.

Hieronymus Heyerdahls gate 1

Oslo,  0160

Norway

Founded in 2000

1 Employees

Phone:

47 23 89 42 00

Fax:

47 22 31 41 40

Key Executives for Imarex ASA

Chief Executive Officer and Chief Financial Officer
Age: 46
Head of Dry Bulk Broking
Head of Freight & Clearing & Settlement
Age: 41
Senior Vice President of NOS Clearing Asa
Age: 59
Chief Technology Officer of NOS Clearing Asa
Compensation as of Fiscal Year 2014.

Imarex ASA Key Developments

Imarex To Be Delisted From Oslo Bors

The shares in Imarex ASA will be delisted from Oslo Bors with the last day of listing on 9 July 2013. Subsequent to the delisting Imarex ASA will be converted to a private limited company and certain other changes to the articles of association will be made as resolved in the general meeting 15 April 2013. When the warranties from the NOS sale expires in October 2013 the plan is to call an extraordinary general meeting to propose a liquidation of Imarex and distribution of the remaining funds subsequent to a creditor notice period of two months.

Imarex ASA Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013

Imarex ASA reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported LBITDA of NOK 1,643,000 compared to NOK 3,364,000 a year ago. Operating loss was NOK 1,678,000 compared to NOK 3,406,000 a year ago. Loss before tax was NOK 1,362,000 compared to NOK 3,072,000 a year ago. Loss attributable to shareholders interests was NOK 2,862,000 or NOK 0.19 per basic and diluted share compared to loss attributable to shareholders interests of NOK 137,104,000 or NOK 9.18 per basic and diluted share a year ago. Net financial income was NOK 0.3 million for the first quarter 2013, compared to NOK 6.7 million for the previous quarter and NOK 0.3 million in the comparable quarter 2012. Net cash out flow from operating activities was NOK 1,063,000 compared to NOK 9,394,000 a year ago.

Oslo Børs Receives Application From Imarex ASA For Delisting Shares

Oslo Børs has received an application from Imarex ASA for delisting of the company's shares. Pursuant to Continuing Obligations section 15.1 (4) cf Stock Exchange Act section 25 (1), Oslo Børs has on May 14, 2013 made the following resolution: the shares in Imarex ASA will be delisted from Oslo Børs. The last day of listing will be on July 9, 2013.

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