OKEA ASA
Score · fiscal year 2025
23of 100
How to read this: the company is ahead of 10 % of large companies in the same sector in 2025. What does this mean?
Rank: 521 of 583 · 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 12 and solidity 7 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
OKEA ASA is 25 points below the median for large companies in the same sector in 2025.
Median score 48 among 102 companies.
Against large companies in the same sector in 2025: operating margin −4.3% (median 10.5%) and equity ratio 3.2% (median 27.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 8,397 MNOK | 2,369 MNOK |
| Operating margin | −4.3% | 10.5% |
| Profit margin | −4.1% | 9.4% |
| Return on assets | 1.0% | 12.1% |
| Equity ratio | 3.2% | 27.8% |
| Debt-to-equity | 30.74 | 2.45 |
| Current ratio | 1.49 | 1.11 |
| Revenue growth | – | 3.0% |
| Revenue per employee | 15.49 MNOK | 7.15 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 23, OKEA ASA does better than 10% of large companies in the same sector (103 companies) in 2025.
Score 2023–2025
- OKEA ASA
- Median: large companies in the same sector
OKEA ASA has a score of 23 for 2025, rank 521 of 583 in the sector.
Strongest: Liquidity: percentile 73 against peers, current ratio 1.49 against a median of 1.11.
Weakest: Solidity: percentile 7 against peers, equity ratio 3.2% against a median of 27.8%. Profitability: percentile 12 against peers, operating margin −4.3% against a median of 10.5%.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 3.2% (median 27.8%).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −4.1% (median 9.4%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −4.3% (median 10.5%).
- What lies behind weak solidity, 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
OKEA ASA had an operating margin of −4.3% and an equity ratio of 3.2% in 2025, and ranks 521 of 583 in Olje og gass.
From 2024 to 2025: the operating margin fell from 44.1% to −4.3% and went from a profit to a loss before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 57 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 57 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 equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 3.2% (median 27.8%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −4.1% (median 9.4%).
- 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 −4.3% (median 10.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 1.5%. 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 | 12 | weight 30% |
|---|---|---|
| Solidity | 7 | weight 25% |
| Liquidity | 73 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 23 | weight 15% |
Durability: 34 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is OKEA ASA?
The operating margin was −4.3% in 2025, against a median of 10.5% among large companies in the same sector. Return on assets was 1.0%. The company made a loss before tax.
How solid is OKEA ASA?
The equity ratio was 3.2% in 2025 (median 27.8%). Debt-to-equity was 30.74 (median 2.45).
What is the liquidity of OKEA ASA like?
The current ratio was 1.49 in 2025 (median 1.11).
How does OKEA ASA compare in Olje og gass?
OKEA ASA ranks 521 of 583 in Olje og gass for 2025. Among companies of the same size (large companies) it ranks 93 of 103.
From the Central Coordinating Register
- Org. no.
- 915419062
- Legal form
- ASA
- Sector
- Olje og gass (06.200)
- Size tier
- large
- Employees
- 542 registered 10 August 2026
- Founded
- 29 April 2015 11 years in operation
- Share capital
- 10.39 MNOK
- Business address
- Kongens gate 8, 7011 TRONDHEIM
- Municipality
- Trondheim rank 3–7 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
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
- Svein Jakob Liknes
- Chair of the board
- Chaiwat Kovavisarach
- Board member
- Michael William Fischer
- Board member
- Rune Olav Pedersen
- Board member
- Nichola Carol Gordon
- Board member
- Jon Arnt Jacobsen
- Board member
- Phatpuree Chinkulkitnivat
- Board member
- Elizabeth Anne Williamson-Holland
- Board member
- Pairoj Kaweeyanun
- Board member
- Sverre Nes
- Board member
- Ragnhild Aas
- Board member
- Per Magne Bjellvåg
- Deputy member
- Olav Bjarne Roksvaag
- Deputy member
- Eivind Sæterdal Bøyum
- Deputy member
- Suzana Jensen
- Auditor
- PRICEWATERHOUSECOOPERS AS
- Accountant
- TMF NORWAY AS
Source: Central Coordinating Register, fetched 25 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 | 55 | 23 | |
| Rank | 492 | 217 | 521 | |
| Operating margin | 14.8% | 44.1% | −4.3% | |
| Return on assets | 8.5% | 26.6% | 1.0% | |
| Equity ratio | 3.9% | 5.6% | 3.2% | |
| Current ratio | 0.82 | 1.31 | 1.49 | |
| Revenue growth | – | 26.6% | – |
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 | 8,884.5 MNOK | 11,246.1 MNOK | 808.1 MUSD |
| Operating profit | 1,316.2 MNOK | 4,962.8 MNOK | −34.5 MUSD |
| Profit before tax | 1,099.0 MNOK | 4,562.0 MNOK | −32.9 MUSD |
| Net profit | −935.4 MNOK | 383.3 MNOK | −54.7 MUSD |
| Financial expenses | 481.5 MNOK | 700.0 MNOK | 51.5 MUSD |
| Total assets | 18,499.6 MNOK | 19,787.0 MNOK | 1,815.6 MUSD |
| Current assets | 4,459.4 MNOK | 6,583.4 MNOK | 560.3 MUSD |
| Equity | 725.6 MNOK | 1,111.0 MNOK | 57.2 MUSD |
| Retained earnings | −723.4 MNOK | −338.0 MNOK | −126.8 MUSD |
| Total liabilities | 17,774.0 MNOK | 18,676.0 MNOK | 1,758.4 MUSD |
| Current liabilities | 5,440.2 MNOK | 5,019.1 MNOK | 377.3 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6931774.
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