CIMC OFFSHORE AS
Score · fiscal year 2023
5of 100
How to read this: the company is ahead of 0 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 551 of 565 · 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 8 and solidity 0 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
CIMC OFFSHORE AS is 43 points below 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 −5.6% (median 7.8%) and equity ratio −60.2% (median 33.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 842 MNOK | 231 MNOK |
| Operating margin | −5.6% | 7.8% |
| Profit margin | −11.1% | 8.1% |
| Return on assets | −3.6% | 9.0% |
| Equity ratio | −60.2% | 33.9% |
| Debt-to-equity | – | 1.59 |
| Current ratio | 0.47 | 1.26 |
| Revenue growth | – | 15.0% |
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 5, CIMC OFFSHORE AS does better than 0% of medium-sized companies in the same sector (132 companies) in 2023.
Score 2023–2025
- CIMC OFFSHORE AS
- Median: medium-sized companies in the same sector
What the numbers say
CIMC OFFSHORE AS had an operating margin of −5.6% and an equity ratio of −60.2% in 2023, and ranks 551 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −60.2% (median 33.9%).
- critical
Consider strengthening liquidity: current liabilities are 2.1 times current assets.
Based on: Current ratio 0.47 (median 1.26).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −11.1% (median 8.1%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −5.6% (median 7.8%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- critical Negative equity
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 | 8 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 8 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 3 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is CIMC OFFSHORE AS?
The operating margin was −5.6% in 2023, against a median of 7.8% among medium-sized companies in the same sector. Return on assets was −3.6%. The company made a loss before tax.
How solid is CIMC OFFSHORE AS?
The equity ratio was −60.2% in 2023 (median 33.9%). Equity is negative, so liabilities exceed assets.
What is the liquidity of CIMC OFFSHORE AS like?
The current ratio was 0.47 in 2023 (median 1.26). Current assets did not cover current liabilities.
How does CIMC OFFSHORE AS compare in Olje og gass?
CIMC OFFSHORE AS ranks 551 of 565 in Olje og gass for 2023. Among companies of the same size (medium-sized companies) it ranks 132 of 132.
From the Central Coordinating Register
- Org. no.
- 921804032
- Legal form
- AS
- Sector
- Olje og gass (09.101)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 31 October 2018 7 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Vestre Svanholmen 4, 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
- Jianhui Yu
- Board member
- Canfeng Xia
- Auditor
- FORVIS MAZARS AS
- Accountant
- YBIN 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 | 5 | 34 | 54 | |
| Rank | 551 | 464 | 235 | |
| Operating margin | −5.6% | 3.8% | 25.8% | |
| Return on assets | −3.6% | 12.1% | 34.7% | |
| Equity ratio | −60.2% | −61.5% | −13.5% | |
| Current ratio | 0.47 | 2.48 | 4.31 | |
| Revenue growth | – | 23.7% | 23.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 841.8 MNOK | 1,041.1 MNOK | 1,287.7 MNOK |
| Operating profit | −47.1 MNOK | 39.9 MNOK | 331.9 MNOK |
| Profit before tax | −93.1 MNOK | −21.9 MNOK | 375.4 MNOK |
| Net profit | −93.1 MNOK | −22.0 MNOK | 346.1 MNOK |
| Financial expenses | 62.9 MNOK | 124.3 MNOK | 70.5 MNOK |
| Total assets | 826.9 MNOK | 845.5 MNOK | 1,283.8 MNOK |
| Current assets | 587.0 MNOK | 816.2 MNOK | 1,283.8 MNOK |
| Equity | −497.8 MNOK | −519.8 MNOK | −173.6 MNOK |
| Retained earnings | −497.8 MNOK | −519.8 MNOK | −173.7 MNOK |
| Total liabilities | 1,324.6 MNOK | 1,365.2 MNOK | 1,457.4 MNOK |
| Current liabilities | 1,261.8 MNOK | 328.9 MNOK | 297.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5030025.
Further
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