Q10 Offshore AS

Org. no. 919322705 · Stavanger · Founded 2017 · 65 employees

Score · fiscal year 2025

53of 100

How to read this: the company is ahead of 56 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 254 of 573 · What are Morning company classes?
Place in the whole sector: 905 of 2,063 · Forretningsmessig tjenesteyting

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 34 and solidity 93 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Q10 Offshore AS is 3 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 50 among 573 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 1.7% (median 4.2%) and equity ratio 65.4% (median 21.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 2 November 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue32 MNOK21 MNOK
Operating margin 1.7% 4.2% 36 %
Profit margin 1.9% 4.1% shown, not part of the index
Return on assets 4.2% 10.5% 32 %
Equity ratio 65.4% 21.0% 94 %
Debt-to-equity 0.53 2.97 93 %
Current ratio 1.19 1.18 51 %
Revenue growth −15.0% 6.3% 15 %
Revenue per employee0.49 MNOK0.67 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 53, Q10 Offshore AS does better than 56% of companies in the Morning class Small in the same sector (573 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Q10 Offshore AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Q10 Offshore AS has a score of 53 for 2025, rank 905 of 2,063 in the sector.

Strongest: Solidity: percentile 93 against peers, equity ratio 65.4% against a median of 21.0%. Consistency: percentile 65 against peers.

Weakest: Growth: percentile 15 against peers, revenue growth −15.0% against a median of 6.3%. Profitability: percentile 34 against peers, operating margin 1.7% against a median of 4.2%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

Q10 Offshore AS had an operating margin of 1.7% and an equity ratio of 65.4% in 2025, and ranks 905 of 2,063 in Forretningsmessig tjenesteyting.

From 2024 to 2025: the equity ratio rose from 54.3% to 65.4% and revenue fell by 15%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 6 MNOK and 10 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.6 MNOK 10.0 6 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt −3.8 MNOK
8.0 8 MNOK
P/B Equity: 9.8 MNOK 1.0 10 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

Indications · 2025

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 0.2% 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.

Stress test · 2026

Scenario analysis: the sector's weakest year

We have no accounts for 2026, the sector's weakest year, for this company.

The sector's weakest year was 2026, with a median operating margin of −3.2%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability34 weight 30%
Solidity93 weight 25%
Liquidity51 weight 15%
Growth15 weight 15%
Consistency65 weight 15%

Durability: 55 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Q10 Offshore AS?

The operating margin was 1.7% in 2025, against a median of 4.2% among companies in the Morning class Small in the same sector. Return on assets was 4.2%.

How solid is Q10 Offshore AS?

The equity ratio was 65.4% in 2025 (median 21.0%). Debt-to-equity was 0.53 (median 2.97).

What is the liquidity of Q10 Offshore AS like?

The current ratio was 1.19 in 2025 (median 1.18).

How does Q10 Offshore AS compare in Forretningsmessig tjenesteyting?

Q10 Offshore AS ranks 905 of 2,063 in Forretningsmessig tjenesteyting for 2025. Among companies in the Morning class Small it is number 254 of 573. Revenue changed by −15.0% from the year before.

From the Central Coordinating Register

Org. no.
919322705
Legal form
AS
Sector
Forretningsmessig tjenesteyting (78.200)
Morning company class
Small
Employees
65 registered 10 September 2026
Founded
11 May 2017 9 years in operation
Share capital
0.62 MNOK
Business address
Sverdrups gate 21, 4007 STAVANGER
Municipality
Stavanger rank 5 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

Loading roles …

Source: Central Coordinating Register, fetched 31 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.

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Figures last fetched 2 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index545853
Rank852709905
Operating margin7.0%2.7%1.7%
Return on assets18.0%6.7%4.2%
Equity ratio45.6%54.3%65.4%
Current ratio0.941.051.19
Revenue growth–18.4%−15.0%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue31.5 MNOK37.3 MNOK31.7 MNOK
Operating profit2.2 MNOK1.0 MNOK0.5 MNOK
Profit before tax3.3 MNOK1.1 MNOK0.6 MNOK
Net profit2.7 MNOK1.0 MNOK0.6 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets18.0 MNOK16.9 MNOK14.9 MNOK
Current assets9.2 MNOK8.1 MNOK6.1 MNOK
Equity8.2 MNOK9.2 MNOK9.8 MNOK
Retained earnings0.0 MNOK1.0 MNOK1.6 MNOK
Total liabilities9.8 MNOK7.7 MNOK5.2 MNOK
Current liabilities9.8 MNOK7.7 MNOK5.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 2 November 2026, accounts id 6931452.