EQUINOR REFINING NORWAY AS
Score · fiscal year 2025
81of 100
How to read this: the company is ahead of 97 % of large companies in the same sector in 2025. What does this mean?
Rank: 13 of 584 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 86 and solidity 84 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
EQUINOR REFINING NORWAY AS is 33 points above the median for large companies in the same sector in 2025.
Median score 48 among 77 companies.
Against large companies in the same sector in 2025: operating margin 76.2% (median 7.5%) and equity ratio 62.2% (median 27.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 5,796 MNOK | 2,158 MNOK |
| Operating margin | 76.2% | 7.5% |
| Profit margin | 76.5% | 7.3% |
| Return on assets | 28.9% | 13.0% |
| Equity ratio | 62.2% | 27.2% |
| Debt-to-equity | 0.61 | 2.60 |
| Current ratio | 3.92 | 1.12 |
| Revenue growth | 63.7% | 3.3% |
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 81, EQUINOR REFINING NORWAY AS does better than 97% of large companies in the same sector (78 companies) in 2025.
Score 2023–2025
- EQUINOR REFINING NORWAY AS
- Median: large companies in the same sector
What the numbers say
EQUINOR REFINING NORWAY AS had an operating margin of 76.2% and an equity ratio of 62.2% in 2025, and ranks 13 of 584 in Olje og gass.
From 2024 to 2025: the operating margin rose from −49.8% to 76.2% and the equity ratio rose from 15.9% to 62.2%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 9,505 MNOK and 34,779 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 34,779 MNOK |
| EV/EBIT | 8.0 | 31,035 MNOK |
| P/B | 1.0 | 9,505 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
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 76.2% (median 7.5%); Equity ratio 62.2% (median 27.2%); Current ratio 3.92 (median 1.12).
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 | 86 | weight 30% |
|---|---|---|
| Solidity | 84 | weight 25% |
| Liquidity | 92 | weight 15% |
| Growth | 96 | weight 15% |
| Consistency | 42 | weight 15% |
Durability: 41 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is EQUINOR REFINING NORWAY AS?
The operating margin was 76.2% in 2025, against a median of 7.5% among large companies in the same sector. Return on assets was 28.9%.
How solid is EQUINOR REFINING NORWAY AS?
The equity ratio was 62.2% in 2025 (median 27.2%). Debt-to-equity was 0.61 (median 2.60).
What is the liquidity of EQUINOR REFINING NORWAY AS like?
The current ratio was 3.92 in 2025 (median 1.12).
How does EQUINOR REFINING NORWAY AS compare in Olje og gass?
EQUINOR REFINING NORWAY AS ranks 13 of 584 in Olje og gass for 2025. Among companies of the same size (large companies) it ranks 3 of 78. Revenue changed by 63.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 917209405
- Legal form
- AS · part of a group
- Sector
- Olje og gass (19.200)
- Size tier
- large
- Employees
- 0–4 (not registered)
- Founded
- 27 April 2016 10 years in operation
- Share capital
- 100.00 MNOK
- Business address
- 5954 MONGSTAD (ALVER)
- Municipality
- Alver rank 8 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
- Bernt Edvard Tysseland
- Chair of the board
- Ole-Tobias Frich
- Board member
- Sidsel Lokna
- Board member
- Sissel Irene Nepstad
- Board member
- Anne Marie Zinck Brix-Thomsen
- Board member
- Andreas Harstad Lien
- Auditor
- ERNST & YOUNG AS
- Accountant
- EQUINOR ASA
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 | 29 | 13 | 81 | |
| Rank | 460 | 559 | 13 | |
| Operating margin | −119.6% | −49.8% | 76.2% | |
| Return on assets | −12.4% | −5.2% | 28.9% | |
| Equity ratio | 34.0% | 15.9% | 62.2% | |
| Current ratio | 1.08 | 0.25 | 3.92 | |
| Revenue growth | – | −55.4% | 63.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 7,939.7 MNOK | 3,540.5 MNOK | 5,795.8 MNOK |
| Operating profit | −9,498.8 MNOK | −1,762.7 MNOK | 4,418.3 MNOK |
| Profit before tax | 17,807.6 MNOK | 1,249.7 MNOK | 4,436.0 MNOK |
| Net profit | 19,607.1 MNOK | 1,408.8 MNOK | 3,477.9 MNOK |
| Financial expenses | −27,306.4 MNOK | −3,012.4 MNOK | −17.7 MNOK |
| Total assets | 76,892.9 MNOK | 34,081.1 MNOK | 15,294.0 MNOK |
| Current assets | 50,945.5 MNOK | 5,895.6 MNOK | 5,782.9 MNOK |
| Equity | 26,136.1 MNOK | 5,411.4 MNOK | 9,505.3 MNOK |
| Retained earnings | – | −21,730.0 MNOK | −18,252.1 MNOK |
| Total liabilities | 50,756.8 MNOK | 28,669.8 MNOK | 5,788.8 MNOK |
| Current liabilities | 47,295.4 MNOK | 23,812.9 MNOK | 1,477.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6821764.
Further
Similar companies
- METEVA AS index 85, rank 5
- EQUINOR MURZUQ AS index 78, rank 24
- OCEANEERING AS index 74, rank 42
- EQUINOR IN SALAH AS index 71, rank 59
- REACH SUBSEA SHIPPING AS index 71, rank 63