OKEA ASA
Score · fiscal year 2024
55of 100
How to read this: the company is ahead of 64 % of large companies in the same sector in 2024. What does this mean?
Rank: 118 of 324 · Olje og gass
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 71 and solidity 14 out of 100 among large companies in the same sector in 2024. Methodology
Against the sector
OKEA ASA is 7 points above the median for large companies in the same sector in 2024.
Median score 48 among 68 companies.
Against large companies in the same sector in 2024: operating margin 44.1% (median 10.7%) and equity ratio 5.6% (median 20.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 11,246 MNOK | 3,178 MNOK |
| Operating margin | 44.1% | 10.7% |
| Profit margin | 40.6% | 12.5% |
| Return on assets | 26.6% | 16.8% |
| Equity ratio | 5.6% | 20.3% |
| Debt-to-equity | 16.81 | 3.63 |
| Current ratio | 1.31 | 1.11 |
| Revenue growth | 26.6% | 6.7% |
| Revenue per employee | 20.75 MNOK | 6.00 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 55, OKEA ASA does better than 64% of large companies in the same sector (68 companies) in 2024.
Score 2023–2025
- OKEA ASA
- Median: large companies in the same sector
What the numbers say
OKEA ASA had an operating margin of 44.1% and an equity ratio of 5.6% in 2024, and ranks 118 of 324 in Olje og gass.
From 2023 to 2024: the operating margin rose from 14.8% to 44.1% and revenue grew by 27%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 1,111 MNOK and 29,325 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 3,833 MNOK |
| EV/EBIT | 8.0 | 29,325 MNOK |
| P/B | 1.0 | 1,111 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
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 5.6% (median 20.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.7% of the debt in 2024. The policy rate averaged 4.50 % 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 | 71 | weight 30% |
|---|---|---|
| Solidity | 14 | weight 25% |
| Liquidity | 73 | weight 15% |
| Growth | 76 | weight 15% |
| Consistency | 50 | weight 15% |
Durability: 38 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is OKEA ASA?
The operating margin was 44.1% in 2024, against a median of 10.7% among large companies in the same sector. Return on assets was 26.6%.
How solid is OKEA ASA?
The equity ratio was 5.6% in 2024 (median 20.3%). Debt-to-equity was 16.81 (median 3.63).
What is the liquidity of OKEA ASA like?
The current ratio was 1.31 in 2024 (median 1.11).
How does OKEA ASA compare in Olje og gass?
OKEA ASA ranks 118 of 324 in Olje og gass for 2024. Among companies of the same size (large companies) it ranks 25 of 68. Revenue changed by 26.6% from the year before.
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 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 549300H385IGBB58CN91 renews 17 December 2027
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 29 October 2026. Only names are shown.
- Parent company
- No known owner
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 | 21 | 55 | 22 | |
| Rank | 300 | 118 | 297 | |
| 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 (NOK).
| 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 6052531.
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