DEEPOCEAN GROUP HOLDING AS
Score · fiscal year 2023
75of 100
How to read this: the company is ahead of 94 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 44 of 565 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 59 and solidity 75 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
DEEPOCEAN GROUP HOLDING AS is 26 points above the median for medium-sized companies in the same sector in 2023.
Median score 49 among 153 companies.
Against medium-sized companies in the same sector in 2023: operating margin 7.1% (median 7.4%) and equity ratio 62.6% (median 35.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 231 MNOK | 241 MNOK |
| Operating margin | 7.1% | 7.4% |
| Profit margin | 248.3% | 8.0% |
| Return on assets | 16.3% | 8.4% |
| Equity ratio | 62.6% | 35.2% |
| Debt-to-equity | 0.60 | 1.33 |
| Current ratio | 8.10 | 1.25 |
| Revenue growth | – | 15.0% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 75, DEEPOCEAN GROUP HOLDING AS does better than 94% of medium-sized companies in the same sector (153 companies) in 2023.
Score 2023–2025
- DEEPOCEAN GROUP HOLDING AS
- Median: medium-sized companies in the same sector
What the numbers say
DEEPOCEAN GROUP HOLDING AS had an operating margin of 7.1% and an equity ratio of 62.6% in 2023, and ranks 44 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 3,106 MNOK and 5,611 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 5,611 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 3,106 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 12.7% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 59 | weight 30% |
|---|---|---|
| Solidity | 75 | weight 25% |
| Liquidity | 89 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 96 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is DEEPOCEAN GROUP HOLDING AS?
The operating margin was 7.1% in 2023, against a median of 7.4% among medium-sized companies in the same sector. Return on assets was 16.3%.
How solid is DEEPOCEAN GROUP HOLDING AS?
The equity ratio was 62.6% in 2023 (median 35.2%). Debt-to-equity was 0.60 (median 1.33).
What is the liquidity of DEEPOCEAN GROUP HOLDING AS like?
The current ratio was 8.10 in 2023 (median 1.25).
How does DEEPOCEAN GROUP HOLDING AS compare in Olje og gass?
DEEPOCEAN GROUP HOLDING AS ranks 44 of 565 in Olje og gass for 2023. Among companies of the same size (medium-sized companies) it ranks 10 of 153.
Group accounts · 2024
47 of 100
Rank 700 of 1235 groups with group accounts. Groups are ranked only against each other, not against single companies.
The group accounts are in USD. We show ratios, not amounts.
| Key figure | The group | The company alone (2023) |
|---|---|---|
| Operating margin | 14.9% | – |
| Return on assets | 19.7% | – |
| Equity ratio | 3.3% | – |
| Current ratio | 0.75 | – |
| Revenue growth | 36.0% | – |
Group index in earlier years: 2023: 27 (1316 of 1541).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2024 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 896696262
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 7 March 2011 15 years in operation
- Share capital
- 23.00 MNOK
- Business address
- Ruseløkkveien 26, 0251 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- Latest accounts filed
- 2025
- LEI
- 213800YNQOPLT6RODV76 not renewed (lapsed)
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- Øyvind Mikaelsen
- Chair of the board
- Øyvind Mikaelsen
- Board member
- Johannes Petrus Boots
- Auditor
- ERNST & YOUNG AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Parent does not consolidate the company
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 75 | 52 | 57 | |
| Rank | 44 | 261 | 210 | |
| Operating margin | 7.1% | −10.8% | 2.7% | |
| Return on assets | 16.3% | 15.3% | 16.4% | |
| Equity ratio | 62.6% | 52.1% | 39.8% | |
| Current ratio | 8.10 | 1.29 | 1.57 | |
| Revenue growth | – | 15.0% | 61.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 230.9 MNOK | 265.6 MNOK | 427.5 MNOK |
| Operating profit | 16.3 MNOK | −28.6 MNOK | 11.7 MNOK |
| Profit before tax | 573.5 MNOK | 530.0 MNOK | 954.9 MNOK |
| Net profit | 561.1 MNOK | 421.7 MNOK | 745.5 MNOK |
| Financial expenses | 235.4 MNOK | 322.7 MNOK | 230.1 MNOK |
| Total assets | 4,962.7 MNOK | 5,558.8 MNOK | 7,230.8 MNOK |
| Current assets | 1,276.4 MNOK | 1,983.3 MNOK | 2,652.7 MNOK |
| Equity | 3,105.8 MNOK | 2,894.6 MNOK | 2,877.7 MNOK |
| Retained earnings | 3,078.5 MNOK | 2,867.3 MNOK | 2,827.0 MNOK |
| Total liabilities | 1,856.9 MNOK | 2,664.2 MNOK | 4,353.2 MNOK |
| Current liabilities | 157.7 MNOK | 1,536.4 MNOK | 1,685.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5182597.
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