NDT GLOBAL AS
Score · fiscal year 2025
25of 100
How to read this: the company is ahead of 13 % of small companies in the same sector in 2025. What does this mean?
Rank: 286 of 320 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 18 and solidity 37 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
NDT GLOBAL AS is 23 points below the median for small companies in the same sector in 2025.
Median score 48 among 143 companies.
Against small companies in the same sector in 2025: operating margin −30.2% (median 2.6%) and equity ratio 31.5% (median 41.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 90 MNOK | 19 MNOK |
| Operating margin | −30.2% | 2.6% |
| Profit margin | −52.3% | 6.4% |
| Return on assets | −4.2% | 8.5% |
| Equity ratio | 31.5% | 41.9% |
| Debt-to-equity | 2.18 | 0.90 |
| Current ratio | 0.44 | 1.39 |
| Revenue growth | −5.7% | 4.4% |
| Revenue per employee | 1.96 MNOK | 2.15 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 25, NDT GLOBAL AS does better than 13% of small companies in the same sector (143 companies) in 2025.
Score 2023–2025
- NDT GLOBAL AS
- Median: small companies in the same sector
NDT GLOBAL AS has a score of 25 for 2025, rank 286 of 320 in the sector.
Strongest: Solidity: percentile 37 against peers, equity ratio 31.5% against a median of 41.9%.
Weakest: Liquidity: percentile 8 against peers, current ratio 0.44 against a median of 1.39. Profitability: percentile 18 against peers, operating margin −30.2% against a median of 2.6%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 2.3 times current assets. Based on: current ratio 0.44 (median 1.39).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −52.3% (median 6.4%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −30.2% (median 2.6%).
- What lies behind weak profitability, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
NDT GLOBAL AS had an operating margin of −30.2% and an equity ratio of 31.5% in 2025, and ranks 286 of 320 in Olje og gass.
From 2024 to 2025: the operating margin fell from −12.2% to −30.2%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 159 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 159 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
- critical
Consider strengthening liquidity: current liabilities are 2.3 times current assets.
Based on: Current ratio 0.44 (median 1.39).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −52.3% (median 6.4%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −30.2% (median 2.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 7.4% of the debt in 2025. The policy rate averaged 4.30 % 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 1.6%. 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 | 18 | weight 30% |
|---|---|---|
| Solidity | 37 | weight 25% |
| Liquidity | 8 | weight 15% |
| Growth | 31 | weight 15% |
| Consistency | 33 | weight 15% |
Durability: 28 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NDT GLOBAL AS?
The operating margin was −30.2% in 2025, against a median of 2.6% among small companies in the same sector. Return on assets was −4.2%. The company made a loss before tax.
How solid is NDT GLOBAL AS?
The equity ratio was 31.5% in 2025 (median 41.9%). Debt-to-equity was 2.18 (median 0.90).
What is the liquidity of NDT GLOBAL AS like?
The current ratio was 0.44 in 2025 (median 1.39). Current assets did not cover current liabilities.
How does NDT GLOBAL AS compare in Olje og gass?
NDT GLOBAL AS ranks 286 of 320 in Olje og gass for 2025. Among companies of the same size (small companies) it ranks 125 of 143. Revenue changed by −5.7% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 897067382
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.109)
- Size tier
- small
- Employees
- 46 registered 10 July 2026
- Founded
- 10 June 2011 15 years in operation
- Share capital
- 3.27 MNOK
- Business address
- Glasskaret 1, 5106 ØVRE ERVIK (BERGEN)
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 549300OU2BQTLQ4A1B29 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
- Paul Seaforth Cooper
- Chair of the board
- Martin Theriault
- Board member
- Paul Seaforth Cooper
- Board member
- Amanda King
- Auditor
- KPMG AS
- Accountant
- ENORA AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
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 | 24 | 36 | 25 | |
| Rank | 288 | 252 | 286 | |
| Operating margin | −91.6% | −12.2% | −30.2% | |
| Return on assets | −16.5% | −2.1% | −4.2% | |
| Equity ratio | 14.4% | 27.4% | 31.5% | |
| Current ratio | 1.67 | 0.85 | 0.44 | |
| Revenue growth | – | 65.2% | −5.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 58.0 MNOK | 95.8 MNOK | 90.3 MNOK |
| Operating profit | −53.1 MNOK | −11.7 MNOK | −27.2 MNOK |
| Profit before tax | −65.2 MNOK | −21.4 MNOK | −47.2 MNOK |
| Net profit | −65.1 MNOK | −17.9 MNOK | −47.2 MNOK |
| Financial expenses | 18.0 MNOK | 12.1 MNOK | 25.8 MNOK |
| Total assets | 285.8 MNOK | 449.6 MNOK | 505.3 MNOK |
| Current assets | 40.6 MNOK | 60.6 MNOK | 45.3 MNOK |
| Equity | 41.3 MNOK | 123.4 MNOK | 159.0 MNOK |
| Retained earnings | −65.1 MNOK | 0.0 MNOK | – |
| Total liabilities | 244.6 MNOK | 326.2 MNOK | 346.3 MNOK |
| Current liabilities | 24.3 MNOK | 71.2 MNOK | 103.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7233408.
Further
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