NOV PROCESS & FLOW TECHNOLOGIES AS
Score · fiscal year 2024
53of 100
How to read this: the company is ahead of 57 % of large companies in the same sector in 2024. What does this mean?
Rank: 237 of 586 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 37 and solidity 44 out of 100 among large companies in the same sector in 2024. Methodology
Against the sector
NOV PROCESS & FLOW TECHNOLOGIES AS is 4 points above the median for large companies in the same sector in 2024.
Median score 49 among 73 companies.
Against large companies in the same sector in 2024: operating margin 5.0% (median 9.5%) and equity ratio 20.3% (median 24.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2,757 MNOK | 2,721 MNOK |
| Operating margin | 5.0% | 9.5% |
| Profit margin | 8.0% | 10.4% |
| Return on assets | 13.8% | 16.7% |
| Equity ratio | 20.3% | 24.7% |
| Debt-to-equity | 3.91 | 2.92 |
| Current ratio | 1.18 | 1.16 |
| Revenue growth | 100.7% | 7.3% |
| Revenue per employee | 8.33 MNOK | 4.73 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 53, NOV PROCESS & FLOW TECHNOLOGIES AS does better than 57% of large companies in the same sector (73 companies) in 2024.
Score 2023–2025
- NOV PROCESS & FLOW TECHNOLOGIES AS
- Median: large companies in the same sector
What the numbers say
NOV PROCESS & FLOW TECHNOLOGIES AS had an operating margin of 5.0% and an equity ratio of 20.3% in 2024, and ranks 237 of 586 in Olje og gass.
From 2023 to 2024: revenue grew by 101%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 447 MNOK and 1,791 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,791 MNOK |
| EV/EBIT | 8.0 | 969 MNOK |
| P/B | 1.0 | 447 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
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 100.7% (median 7.3%); Current ratio 1.18 (median 1.16).
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 | 37 | weight 30% |
|---|---|---|
| Solidity | 44 | weight 25% |
| Liquidity | 53 | weight 15% |
| Growth | 96 | weight 15% |
| Consistency | 55 | weight 15% |
Durability: 43 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NOV PROCESS & FLOW TECHNOLOGIES AS?
The operating margin was 5.0% in 2024, against a median of 9.5% among large companies in the same sector. Return on assets was 13.8%.
How solid is NOV PROCESS & FLOW TECHNOLOGIES AS?
The equity ratio was 20.3% in 2024 (median 24.7%). Debt-to-equity was 3.91 (median 2.92).
What is the liquidity of NOV PROCESS & FLOW TECHNOLOGIES AS like?
The current ratio was 1.18 in 2024 (median 1.16).
How does NOV PROCESS & FLOW TECHNOLOGIES AS compare in Olje og gass?
NOV PROCESS & FLOW TECHNOLOGIES AS ranks 237 of 586 in Olje og gass for 2024. Among companies of the same size (large companies) it ranks 32 of 73. Revenue changed by 100.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 918094180
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- 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
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 Erik Hjortland
- Chair of the board
- Trevor Brian Martin
- Board member
- Eirik Holter-Sørensen
- Board member
- Oliver Kandal Wilhelmsen
- Board member
- Svein Erik Hjortland
- Deputy member
- Linn Spyckerelle
- Deputy member
- Anders Lunde Hansen
- Auditor
- ERNST & YOUNG 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 | 34 | 53 | 39 | |
| Rank | 423 | 237 | 396 | |
| 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 5811149.
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