DOF SUBSEA REDERI III AS
Score · fiscal year 2025
52of 100
How to read this: the company is ahead of 54 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 253 of 584 · Olje og gass
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 87 and solidity 23 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
DOF SUBSEA REDERI III AS is 1 points above the median for medium-sized companies in the same sector in 2025.
Median score 51 among 132 companies.
Against medium-sized companies in the same sector in 2025: operating margin 38.6% (median 6.3%) and equity ratio 21.1% (median 43.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 228 MNOK | 229 MNOK |
| Operating margin | 38.6% | 6.3% |
| Profit margin | 46.1% | 6.0% |
| Return on assets | 25.1% | 9.3% |
| Equity ratio | 21.1% | 43.2% |
| Debt-to-equity | 3.75 | 1.17 |
| Current ratio | 0.33 | 1.32 |
| Revenue growth | 61.7% | 4.8% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 52, DOF SUBSEA REDERI III AS does better than 54% of medium-sized companies in the same sector (132 companies) in 2025.
Score 2023–2025
- DOF SUBSEA REDERI III AS
- Median: medium-sized companies in the same sector
What the numbers say
DOF SUBSEA REDERI III AS had an operating margin of 38.6% and an equity ratio of 21.1% in 2025, and ranks 253 of 584 in Olje og gass.
From 2024 to 2025: the operating margin rose from −16.3% to 38.6% and the equity ratio rose from −56.0% to 21.1%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 185 MNOK and 770 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 770 MNOK |
| EV/EBIT | 8.0 | 389 MNOK |
| P/B | 1.0 | 185 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 3.1 times current assets.
Based on: Current ratio 0.33 (median 1.32).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 61.7% (median 4.8%); Current ratio 0.33 (median 1.32).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 1.5%. 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 | 87 | weight 30% |
|---|---|---|
| Solidity | 23 | weight 25% |
| Liquidity | 5 | weight 15% |
| Growth | 90 | weight 15% |
| Consistency | 37 | weight 15% |
Durability: 31 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is DOF SUBSEA REDERI III AS?
The operating margin was 38.6% in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was 25.1%.
How solid is DOF SUBSEA REDERI III AS?
The equity ratio was 21.1% in 2025 (median 43.2%). Debt-to-equity was 3.75 (median 1.17).
What is the liquidity of DOF SUBSEA REDERI III AS like?
The current ratio was 0.33 in 2025 (median 1.32). Current assets did not cover current liabilities.
How does DOF SUBSEA REDERI III AS compare in Olje og gass?
DOF SUBSEA REDERI III AS ranks 253 of 584 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 61 of 132. Revenue changed by 61.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 915872662
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 18 August 2015 11 years in operation
- Share capital
- 60.40 MNOK
- Business address
- Thormøhlens gate 53C, 5006 BERGEN
- Municipality
- Bergen rank 8 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
- Chair of the board
- Mons Svendal Aase
- Board member
- Marianne Møgster
- Board member
- Martin Lundberg
- 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 35 | 7 | 52 | |
| Rank | 417 | 570 | 253 | |
| Operating margin | 87.0% | −16.3% | 38.6% | |
| Return on assets | 35.4% | −1.6% | 25.1% | |
| Equity ratio | −47.0% | −56.0% | 21.1% | |
| Current ratio | 0.50 | 0.31 | 0.33 | |
| Revenue growth | – | −70.4% | 61.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 477.0 MNOK | 141.0 MNOK | 228.0 MNOK |
| Operating profit | 415.0 MNOK | −23.0 MNOK | 88.0 MNOK |
| Profit before tax | 222.0 MNOK | −209.0 MNOK | 105.0 MNOK |
| Net profit | 416.0 MNOK | −156.0 MNOK | 77.0 MNOK |
| Financial expenses | 69.0 MNOK | 194.0 MNOK | 115.0 MNOK |
| Total assets | 822.0 MNOK | 966.0 MNOK | 878.0 MNOK |
| Current assets | 77.0 MNOK | 133.0 MNOK | 123.0 MNOK |
| Equity | −386.0 MNOK | −541.0 MNOK | 185.0 MNOK |
| Retained earnings | −446.0 MNOK | −601.0 MNOK | −525.0 MNOK |
| Total liabilities | 1,208.0 MNOK | 1,507.0 MNOK | 693.0 MNOK |
| Current liabilities | 154.0 MNOK | 436.0 MNOK | 378.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6955696.
Further
Similar companies
- OLYMPIC OFFSHORE WIND AS index 52, rank 250
- AXTECH AS index 52, rank 251
- BW OFFSHORE NORWAY AS index 52, rank 254
- EQUINOR PROJECTS HOLDING AS index 51, rank 262
- JAPEX NORGE AS index 51, rank 265