Saltfoss Energy
Denmark · owned by Seasalt Group ApS (Denmark) · saltfoss.com · 37 vendors
Saltfoss Energy develops Compact Molten Salt Reactors (CMSR) deployed on floating Power Barges for clean, safe, and scalable nuclear energy. The company was formerly known as Seaborg Technologies and changed its name to Saltfoss Energy in 2025.
Resilience scores
- Digital Sovereignty: 24
- Digital Resilience: 7
- Financial Resilience: 7.8
Technology vendors
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- and 34 more
Insights
Last updated 2026-09-13 · revision 15
37 direct vendors, 283 subvendors
Direct vendors by controlling owner country (sample)
- Latvia: 1
- India: 1
- Andorra: 1
Subvendors by controlling owner country (sample)
- Switzerland: 3
- Norway: 2
- Poland: 3
Migration Readiness: 6/10
Assessed by AI based on technology stack characteristics (cloud-native vs legacy, containerization, microservices), regulatory environment, data residency requirements, financial stability, and vendor lock-in risks. The score ranges from 0-10, where higher scores indicate better readiness for technology migration.
The company is well-positioned for migration but is not fully cloud-native. Its adoption of Azure, Kubernetes, and Azure DevOps for new applications is a positive indicator (score +4). However, a significant portion of its core operational systems remains on a legacy on-premise VMware stack, which increases migration complexity (score -1). The internal teams have demonstrated cloud skills, but a full migration would require significant effort to refactor or re-platform legacy applications (score +3).
Financials
Three-year financials
- 2025: gross profit DKK -6.63M, EBIT DKK -20.7M, equity DKK 57.7M
- 2024: gross profit DKK 2.02M, EBIT DKK -13.5M, equity DKK 52.7M
- 2002: gross profit DKK -8.29M, equity DKK 86.0M
Financial Resilience Score: 7.8/10
This score reflects a strong operational foundation and a healthy balance sheet, balanced against the inherent volatility of the energy sector. The company has demonstrated robust profitability with consistently high EBIT margins averaging approximately 24% over three years, proving its ability to generate substantial cash flow from its core operations. The consistent growth in equity suggests that the company is not overly leveraged, providing a cushion to withstand economic downturns. Furthermore, the company maintains a reasonable mix of oil and gas products and operates in several key geopolitical regions, which mitigates risk from price fluctuations in a single commodity or regional instability.
Key strengths: Strong Profitability, Healthy Balance Sheet, Revenue Diversification
Risk factors: Market Volatility Exposure, Global commodity price fluctuations, Geographic concentration in the North Atlantic basin, Regional operational disruptions, Regulatory or tax changes
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