DOLPHIN DRILLING OFFSHORE AS

Org. no. 920473210 · SANDNES · Founded 1965 · 11 employees

Score · fiscal year 2023

71of 100

How to read this: the company is ahead of 89 % of medium-sized companies in the same sector in 2023. What does this mean?

Rank: 68 of 565 · Olje og gass

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 98 and solidity 82 out of 100 among medium-sized companies in the same sector in 2023. Methodology

Against the sector

DOLPHIN DRILLING OFFSHORE AS is 23 points above the median for medium-sized companies in the same sector in 2023.

Median score 48 among 132 companies.

Against medium-sized companies in the same sector in 2023: operating margin 118.8% (median 7.8%) and equity ratio 78.6% (median 33.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue289 MNOK231 MNOK
Operating margin 118.8% 7.8% 99 %
Profit margin 116.4% 8.1% shown, not part of the index
Return on assets 50.5% 9.0% 98 %
Equity ratio 78.6% 33.9% 82 %
Debt-to-equity 0.27 1.59 81 %
Current ratio 1.74 1.26 68 %
Revenue growth – 15.0% not compared
Revenue per employee26.27 MNOK3.65 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 71, DOLPHIN DRILLING OFFSHORE AS does better than 89% of medium-sized companies in the same sector (132 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • DOLPHIN DRILLING OFFSHORE AS
  • Median: medium-sized companies in the same sector
Analysis · 2023

What the numbers say

DOLPHIN DRILLING OFFSHORE AS had an operating margin of 118.8% and an equity ratio of 78.6% in 2023, and ranks 68 of 565 in Olje og gass.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 554 MNOK and 3,365 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 336.5 MNOK 10.0 3,365 MNOK
EV/EBIT Operating profit: 343.5 MNOK
minus net debt 39.6 MNOK
8.0 2,708 MNOK
P/B Equity: 554.0 MNOK 1.0 554 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 · 2023

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.

Data quality

  • watch Extreme margin: check the figures
Stress test · 2022

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

Components · 2023

What the score is made of

Profitability98 weight 30%
Solidity82 weight 25%
Liquidity68 weight 15%
Growth– no data, left out
Consistency0 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is DOLPHIN DRILLING OFFSHORE AS?

The operating margin was 118.8% in 2023, against a median of 7.8% among medium-sized companies in the same sector. Return on assets was 50.5%.

How solid is DOLPHIN DRILLING OFFSHORE AS?

The equity ratio was 78.6% in 2023 (median 33.9%). Debt-to-equity was 0.27 (median 1.59).

What is the liquidity of DOLPHIN DRILLING OFFSHORE AS like?

The current ratio was 1.74 in 2023 (median 1.26).

How does DOLPHIN DRILLING OFFSHORE AS compare in Olje og gass?

DOLPHIN DRILLING OFFSHORE AS ranks 68 of 565 in Olje og gass for 2023. Among companies of the same size (medium-sized companies) it ranks 16 of 132.

From the Central Coordinating Register

Org. no.
920473210
Legal form
AS · part of a group
Sector
Olje og gass (09.101)
Size tier
medium
Employees
11 registered 10 July 2026
Founded
8 May 1965 61 years in operation
Share capital
130.00 MNOK
Business address
Vestre Svanholmen 12, 4313 SANDNES
Municipality
Sandnes rank 3 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

Chair of the board
Ingolf Gillesdal
Board member
Tove Sofie Rosland
Board member
Johan Finnestad
Auditor
KPMG AS
Accountant
AZETS INSIGHT 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index713124
Rank68480519
Operating margin118.8%−138.2%−142.7%
Return on assets50.5%−42.9%−45.2%
Equity ratio78.6%40.5%29.6%
Current ratio1.741.532.16
Revenue growth–16.9%−16.0%

Accounts

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

Key figure202320242025
Operating revenue289.0 MNOK337.7 MNOK283.8 MNOK
Operating profit343.5 MNOK−466.6 MNOK−405.1 MNOK
Profit before tax336.5 MNOK−522.8 MNOK−385.3 MNOK
Net profit336.5 MNOK−522.8 MNOK−393.4 MNOK
Financial expenses19.5 MNOK20.8 MNOK58.5 MNOK
Total assets704.5 MNOK1,170.8 MNOK723.5 MNOK
Current assets179.5 MNOK395.1 MNOK191.6 MNOK
Equity554.0 MNOK474.3 MNOK214.2 MNOK
Retained earnings−10,450.2 MNOK−10,929.9 MNOK−11,190.0 MNOK
Total liabilities150.5 MNOK696.5 MNOK509.4 MNOK
Current liabilities103.2 MNOK259.0 MNOK88.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5134733.