OCEAN INSTALLER HOLDING AS

Org. no. 915526306 · SOLA · Founded 2015

Score · fiscal year 2024

61of 100

How to read this: the company is ahead of 76 % of large companies in the same sector in 2024. What does this mean?

Rank: 141 of 586 · Olje og gass

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 88 and solidity 77 out of 100 among large companies in the same sector in 2024. Methodology

Against the sector

OCEAN INSTALLER HOLDING AS is 12 points above the median for large companies in the same sector in 2024.

Median score 49 among 73 companies.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue0 MNOK2,721 MNOK
Operating margin – 9.5% not compared
Profit margin – 10.4% shown, not part of the index
Return on assets 51.9% 16.7% 88 %
Equity ratio 58.4% 24.7% 78 %
Debt-to-equity 0.71 2.92 77 %
Current ratio 0.39 1.16 1 %
Revenue growth – 7.3% not compared

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 61, OCEAN INSTALLER HOLDING AS does better than 76% of large companies in the same sector (73 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • OCEAN INSTALLER HOLDING AS
  • Median: large companies in the same sector
Analysis · 2024

What the numbers say

OCEAN INSTALLER HOLDING AS had an operating margin of – and an equity ratio of 58.4% in 2024, and ranks 141 of 586 in Olje og gass.

From 2023 to 2024: went from a loss to a profit before tax and the equity ratio fell from 72.6% to 58.4%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 602 MNOK and 5,164 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 516.4 MNOK 10.0 5,164 MNOK
EV/EBIT Operating profit: −6.2 MNOK 8.0 not meaningful
P/B Equity: 602.2 MNOK 1.0 602 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

Indications · 2024

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 2.5 times current assets.

    Based on: Current ratio 0.39 (median 1.16).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

  • watch No revenue but large assets
Stress test · 2022

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

Components · 2024

What the score is made of

Profitability88 weight 30%
Solidity77 weight 25%
Liquidity1 weight 15%
Growth– no data, left out
Consistency39 weight 15%

Durability: 53 (average over 2 years)

Index version 2. Data completeness 85%: the share of the weights that had data.

2024

Questions and answers

How profitable is OCEAN INSTALLER HOLDING AS?

The operating margin was – in 2024, against a median of 9.5% among large companies in the same sector. Return on assets was 51.9%.

How solid is OCEAN INSTALLER HOLDING AS?

The equity ratio was 58.4% in 2024 (median 24.7%). Debt-to-equity was 0.71 (median 2.92).

What is the liquidity of OCEAN INSTALLER HOLDING AS like?

The current ratio was 0.39 in 2024 (median 1.16). Current assets did not cover current liabilities.

How does OCEAN INSTALLER HOLDING AS compare in Olje og gass?

OCEAN INSTALLER HOLDING AS ranks 141 of 586 in Olje og gass for 2024. Among companies of the same size (large companies) it ranks 18 of 73.

From the Central Coordinating Register

Org. no.
915526306
Legal form
AS · part of a group
Sector
Olje og gass (09.109)
Size tier
large
Employees
0–4 (not registered)
Founded
1 June 2015 11 years in operation
Share capital
80.69 MNOK
Business address
Kanalsletta 8, 4033 STAVANGER (SOLA)
Municipality
Sola rank 2 of 27 in KOSTRA group 9
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
Kevin James Murphy
Chair of the board
Geir Austigard
Board member
Trond Rosnes
Auditor
PRICEWATERHOUSECOOPERS 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index466137
Rank311141423
Operating margin–––
Return on assets4.2%51.9%3.0%
Equity ratio72.6%58.4%48.0%
Current ratio0.590.390.13
Revenue growth–––

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue0.0 MNOK0.0 MNOK–
Operating profit−5.6 MNOK−6.2 MNOK0.3 MNOK
Profit before tax−18.8 MNOK521.1 MNOK−15.6 MNOK
Net profit−14.8 MNOK516.4 MNOK−12.6 MNOK
Financial expenses50.5 MNOK13.6 MNOK52.0 MNOK
Total assets750.5 MNOK1,031.1 MNOK1,228.1 MNOK
Current assets120.9 MNOK169.3 MNOK83.1 MNOK
Equity545.1 MNOK602.2 MNOK589.6 MNOK
Retained earnings88.0 MNOK416.5 MNOK403.9 MNOK
Total liabilities205.4 MNOK428.9 MNOK638.5 MNOK
Current liabilities205.4 MNOK428.9 MNOK638.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6161021.