NOV PROCESS & Flow Technologies AS
Score · fiscal year 2023
39of 100
How to read this: the company is ahead of 34 % of companies in the Morning class Large in the same sector in 2023. What does this mean?
Rank in the Morning class Large: 65 of 98 · What are Morning company classes?
Place in the whole sector: 212 of 321 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 36 and solidity 46 out of 100 among companies in the Morning class Large in the same sector in 2023. Methodology
Against the sector
NOV PROCESS & Flow Technologies AS is 11 points below the median for companies in the Morning class Large in the same sector in 2023.
Median score 50 among 98 companies.
Against companies in the Morning class Large in the same sector in 2023: operating margin 4.7% (median 9.7%) and equity ratio 21.0% (median 21.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1,373 MNOK | 1,743 MNOK |
| Operating margin | 4.7% | 9.7% |
| Profit margin | 1.4% | 10.3% |
| Return on assets | 11.2% | 15.3% |
| Equity ratio | 21.0% | 21.4% |
| Debt-to-equity | 3.76 | 3.25 |
| Current ratio | 0.99 | 1.07 |
| Revenue growth | – | 12.6% |
| Revenue per employee | 4.15 MNOK | 4.80 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 39, NOV PROCESS & Flow Technologies AS does better than 34% of companies in the Morning class Large in the same sector (98 companies) in 2023.
Score 2023–2025
- NOV PROCESS & Flow Technologies AS
- Median: companies in the Morning class Large in the same sector
What the numbers say
NOV PROCESS & Flow Technologies AS had an operating margin of 4.7% and an equity ratio of 21.0% in 2023, and ranks 212 of 321 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 239 MNOK and 489 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 239 MNOK |
| EV/EBIT | 8.0 | 489 MNOK |
| P/B | 1.0 | 251 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
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.99 (median 1.07).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 12.1% of the debt in 2023. The policy rate averaged 3.54 % 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 | 36 | weight 30% |
|---|---|---|
| Solidity | 46 | weight 25% |
| Liquidity | 34 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 38 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is NOV PROCESS & Flow Technologies AS?
The operating margin was 4.7% in 2023, against a median of 9.7% among companies in the Morning class Large in the same sector. Return on assets was 11.2%.
How solid is NOV PROCESS & Flow Technologies AS?
The equity ratio was 21.0% in 2023 (median 21.4%). Debt-to-equity was 3.76 (median 3.25).
What is the liquidity of NOV PROCESS & Flow Technologies AS like?
The current ratio was 0.99 in 2023 (median 1.07). Current assets did not cover current liabilities.
How does NOV PROCESS & Flow Technologies AS compare in Olje og gass?
NOV PROCESS & Flow Technologies AS ranks 212 of 321 in Olje og gass for 2023. Among companies in the Morning class Large it is number 65 of 98.
From the Central Coordinating Register
- Org. no.
- 918094180
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Morning company class
- Large
- Employees
- 331 registered 10 September 2026
- Founded
- 15 November 2016 9 years in operation
- Share capital
- 50.00 MNOK
- Business address
- Martin Linges vei 33, 1364 FORNEBU (BÆRUM)
- Municipality
- Bærum rank 1 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 549300FJVEQME8TEQN03 renews 1 July 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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- National Oilwell Varco Norway AS (Norway)
- Ultimate parent
- NOV Inc. (USA)
Foreign-owned according to GLEIF.
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 | 39 | 55 | 38 | |
| Rank | 212 | 118 | 228 | |
| Operating margin | 4.7% | 5.0% | 4.8% | |
| Return on assets | 11.2% | 13.8% | 8.9% | |
| Equity ratio | 21.0% | 20.3% | 3.7% | |
| Current ratio | 0.99 | 1.18 | 1.01 | |
| Revenue growth | – | 100.7% | 44.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,373.5 MNOK | 2,757.1 MNOK | 3,979.4 MNOK |
| Operating profit | 64.4 MNOK | 137.4 MNOK | 191.8 MNOK |
| Profit before tax | 19.3 MNOK | 221.3 MNOK | 196.7 MNOK |
| Net profit | 23.9 MNOK | 179.1 MNOK | 155.6 MNOK |
| Financial expenses | 113.9 MNOK | 81.6 MNOK | 81.0 MNOK |
| Total assets | 1,192.9 MNOK | 2,198.3 MNOK | 3,125.8 MNOK |
| Current assets | 903.8 MNOK | 1,918.3 MNOK | 2,902.8 MNOK |
| Equity | 250.7 MNOK | 447.3 MNOK | 114.5 MNOK |
| Retained earnings | 31.0 MNOK | 227.5 MNOK | −5.2 MNOK |
| Total liabilities | 942.2 MNOK | 1,751.0 MNOK | 3,011.2 MNOK |
| Current liabilities | 915.9 MNOK | 1,621.1 MNOK | 2,863.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5095789.
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