DNO Technical Services AS
Score · fiscal year 2025
51of 100
How to read this: the company is ahead of 50 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 60 of 119 · What are Morning company classes?
Place in the whole sector: 151 of 316 · Olje og gass
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 23 and solidity 53 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
DNO Technical Services AS is at the median for companies in the Morning class Medium in the same sector in 2025.
Median score 51 among 119 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 0.0% (median 6.5%) and equity ratio 40.2% (median 34.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 247 MNOK | 150 MNOK |
| Operating margin | 0.0% | 6.5% |
| Profit margin | 0.5% | 6.9% |
| Return on assets | 2.1% | 11.0% |
| Equity ratio | 40.2% | 34.0% |
| Debt-to-equity | 1.49 | 1.49 |
| Current ratio | 5.41 | 1.26 |
| Revenue growth | 7.9% | 4.5% |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 51, DNO Technical Services AS does better than 50% of companies in the Morning class Medium in the same sector (119 companies) in 2025.
Score 2023–2025
- DNO Technical Services AS
- Median: companies in the Morning class Medium in the same sector
DNO Technical Services AS has a score of 51 for 2025, rank 151 of 316 in the sector.
Strongest: Liquidity: percentile 97 against peers, current ratio 5.41 against a median of 1.26.
Weakest: Profitability: percentile 23 against peers, operating margin 0.0% against a median of 6.5%.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin 0.0% (median 6.5%).
- 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
DNO Technical Services AS had an operating margin of 0.0% and an equity ratio of 40.2% in 2025, and ranks 151 of 316 in Olje og gass.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MUSD and 4 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 0 MUSD |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 4 MUSD |
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
- 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 0.0% (median 6.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.8% 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
- watch Reports in a currency other than NOK
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 | 23 | weight 30% |
|---|---|---|
| Solidity | 53 | weight 25% |
| Liquidity | 97 | weight 15% |
| Growth | 58 | weight 15% |
| Consistency | 50 | weight 15% |
Durability: 45 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is DNO Technical Services AS?
The operating margin was 0.0% in 2025, against a median of 6.5% among companies in the Morning class Medium in the same sector. Return on assets was 2.1%.
How solid is DNO Technical Services AS?
The equity ratio was 40.2% in 2025 (median 34.0%). Debt-to-equity was 1.49 (median 1.49).
What is the liquidity of DNO Technical Services AS like?
The current ratio was 5.41 in 2025 (median 1.26).
How does DNO Technical Services AS compare in Olje og gass?
DNO Technical Services AS ranks 151 of 316 in Olje og gass for 2025. Among companies in the Morning class Medium it is number 60 of 119. Revenue changed by 7.9% 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.
- 913665198
- Legal form
- AS · part of a group
- Sector
- Olje og gass (06.100)
- Morning company class
- Medium
- Employees
- 0–4 (not registered)
- Founded
- 2 May 2014 12 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Dokkveien 1, 0250 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.dno.no
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
- Christopher Thomas Hyde Spencer
- Chair of the board
- Birgitte Wendelbo Johansen
- Board member
- Geir Arne Skau
- Board member
- Erlend Wollan Einum
- Auditor
- ERNST & Young 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 | 44 | 40 | 51 | |
| Rank | 194 | 216 | 151 | |
| Operating margin | −0.6% | 0.0% | 0.0% | |
| Return on assets | 0.2% | 1.9% | 2.1% | |
| Equity ratio | 45.2% | 35.4% | 40.2% | |
| Current ratio | 5.38 | 3.63 | 5.41 | |
| Revenue growth | – | −35.5% | 7.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2025–31 December 2025: 10.3912 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 34.2 MUSD | 22.1 MUSD | 23.8 MUSD |
| Operating profit | −0.2 MUSD | 0.0 MUSD | 0.0 MUSD |
| Profit before tax | 0.0 MUSD | 0.2 MUSD | 0.1 MUSD |
| Net profit | 0.0 MUSD | 0.0 MUSD | 0.0 MUSD |
| Financial expenses | 0.0 MUSD | – | 0.1 MUSD |
| Total assets | 10.8 MUSD | 12.0 MUSD | 10.7 MUSD |
| Current assets | 10.8 MUSD | 11.9 MUSD | 10.7 MUSD |
| Equity | 4.9 MUSD | 4.3 MUSD | 4.3 MUSD |
| Retained earnings | −4.1 MUSD | −4.7 MUSD | −4.7 MUSD |
| Total liabilities | 5.9 MUSD | 7.8 MUSD | 6.4 MUSD |
| Current liabilities | 2.0 MUSD | 3.3 MUSD | 2.0 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7089038.
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