H&P DRILLING NORGE AS
Score · fiscal year 2025
44of 100
How to read this: the company is ahead of 38 % of large companies in the same sector in 2025. What does this mean?
Rank: 345 of 583 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 49 and solidity 27 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
H&P DRILLING NORGE AS is 4 points below the median for large companies in the same sector in 2025.
Median score 48 among 102 companies.
Against large companies in the same sector in 2025: operating margin 5.2% (median 10.5%) and equity ratio 14.0% (median 27.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2,200 MNOK | 2,369 MNOK |
| Operating margin | 5.2% | 10.5% |
| Profit margin | 5.0% | 9.4% |
| Return on assets | 16.3% | 12.1% |
| Equity ratio | 14.0% | 27.8% |
| Debt-to-equity | 6.14 | 2.45 |
| Current ratio | 1.11 | 1.11 |
| Revenue growth | 7.7% | 3.0% |
| Revenue per employee | 2.51 MNOK | 7.15 MNOK |
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 44, H&P DRILLING NORGE AS does better than 38% of large companies in the same sector (103 companies) in 2025.
Score 2023–2025
- H&P DRILLING NORGE AS
- Median: large companies in the same sector
H&P DRILLING NORGE AS has a score of 44 for 2025, rank 345 of 583 in the sector.
Strongest: Growth: percentile 57 against peers, revenue growth 7.7% against a median of 3.0%.
Weakest: Solidity: percentile 27 against peers, equity ratio 14.0% against a median of 27.8%.
Worth a closer look
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
H&P DRILLING NORGE AS had an operating margin of 5.2% and an equity ratio of 14.0% in 2025, and ranks 345 of 583 in Olje og gass.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 100 MNOK and 897 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 853 MNOK |
| EV/EBIT | 8.0 | 897 MNOK |
| P/B | 1.0 | 100 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.2% of the debt in 2025. The policy rate averaged 4.30 % 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 1.5%. 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 | 49 | weight 30% |
|---|---|---|
| Solidity | 27 | weight 25% |
| Liquidity | 52 | weight 15% |
| Growth | 57 | weight 15% |
| Consistency | 44 | weight 15% |
Durability: 45 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is H&P DRILLING NORGE AS?
The operating margin was 5.2% in 2025, against a median of 10.5% among large companies in the same sector. Return on assets was 16.3%.
How solid is H&P DRILLING NORGE AS?
The equity ratio was 14.0% in 2025 (median 27.8%). Debt-to-equity was 6.14 (median 2.45).
What is the liquidity of H&P DRILLING NORGE AS like?
The current ratio was 1.11 in 2025 (median 1.11).
How does H&P DRILLING NORGE AS compare in Olje og gass?
H&P DRILLING NORGE AS ranks 345 of 583 in Olje og gass for 2025. Among companies of the same size (large companies) it ranks 64 of 103. Revenue changed by 7.7% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 918357688
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.101)
- Size tier
- large
- Employees
- 877 registered 10 September 2026
- Founded
- 14 November 1973 52 years in operation
- Share capital
- 100.00 MNOK
- Business address
- Espehaugen 37, 5258 BLOMSTERDALEN (BERGEN)
- Municipality
- Bergen rank 9 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.kcadeutag.com
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
- Per Andreas Vangsgaard
- Chair of the board
- Ole Fredrik Maier
- Board member
- Knut Even Lodden
- Board member
- Bjarte Lygre
- Board member
- Thomas Dahl Røsand
- Board member
- Jin Marie Gjøsæter Bakke
- Board member
- Lynsey Claire Van De Laar
- Board member
- Frances Kimberley Anne Willis
- Deputy member
- Jan Inge Olsen
- Deputy member
- Stian Otterlei
- Deputy member
- Jonny Torvestad
- Deputy member
- Ingrid Salamonsen
- Deputy member
- Caroline Hnatow
- Deputy member
- Andrea Elisabeth Shiels
- 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 | 51 | 41 | 44 | |
| Rank | 261 | 393 | 345 | |
| Operating margin | 3.3% | 6.6% | 5.2% | |
| Return on assets | 10.5% | 20.4% | 16.3% | |
| Equity ratio | 35.6% | 12.4% | 14.0% | |
| Current ratio | 1.52 | 1.10 | 1.11 | |
| Revenue growth | – | 4.3% | 7.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,958.3 MNOK | 2,042.5 MNOK | 2,199.7 MNOK |
| Operating profit | 65.4 MNOK | 134.5 MNOK | 114.8 MNOK |
| Profit before tax | 64.6 MNOK | 158.2 MNOK | 109.5 MNOK |
| Net profit | 50.3 MNOK | 129.3 MNOK | 85.3 MNOK |
| Financial expenses | 8.7 MNOK | 7.2 MNOK | 7.1 MNOK |
| Total assets | 699.7 MNOK | 812.2 MNOK | 715.9 MNOK |
| Current assets | 626.7 MNOK | 723.6 MNOK | 638.0 MNOK |
| Equity | 249.4 MNOK | 100.7 MNOK | 100.3 MNOK |
| Retained earnings | 105.8 MNOK | 0.7 MNOK | 0.3 MNOK |
| Total liabilities | 450.3 MNOK | 711.5 MNOK | 615.6 MNOK |
| Current liabilities | 412.5 MNOK | 656.8 MNOK | 572.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7230866.
Further
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