DEEP SEA DRILLING COMPANY AS

Org. no. 925500925 · BERGEN · Founded 2020

Score · fiscal year 2023

39of 100

How to read this: the company is ahead of 30 % of large companies in the same sector in 2023. What does this mean?

Rank: 389 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 38 and solidity 20 out of 100 among large companies in the same sector in 2023. Methodology

Against the sector

DEEP SEA DRILLING COMPANY AS is 11 points below the median for large companies in the same sector in 2023.

Median score 50 among 88 companies.

Against large companies in the same sector in 2023: operating margin 3.5% (median 14.7%) and equity ratio 10.9% (median 30.9%).

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 revenue1,773 MNOK2,591 MNOK
Operating margin 3.5% 14.7% 20 %
Profit margin 3.1% 14.1% shown, not part of the index
Return on assets 17.3% 14.5% 56 %
Equity ratio 10.9% 30.9% 22 %
Debt-to-equity 8.18 2.12 18 %
Current ratio 1.12 1.08 56 %
Revenue growth – 12.6% not compared

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

With an index of 39, DEEP SEA DRILLING COMPANY AS does better than 30% of large companies in the same sector (88 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • DEEP SEA DRILLING COMPANY AS
  • Median: large companies in the same sector
Analysis · 2023

What the numbers say

DEEP SEA DRILLING COMPANY AS had an operating margin of 3.5% and an equity ratio of 10.9% in 2023, and ranks 389 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 42 MNOK and 668 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 42.3 MNOK 10.0 423 MNOK
EV/EBIT Operating profit: 61.5 MNOK
minus net debt −175.7 MNOK
8.0 668 MNOK
P/B Equity: 42.0 MNOK 1.0 42 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

  • 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 3.5% (median 14.7%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

No anomalies found in 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

Profitability38 weight 30%
Solidity20 weight 25%
Liquidity56 weight 15%
Growth– no data, left out
Consistency53 weight 15%

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

2023

Questions and answers

How profitable is DEEP SEA DRILLING COMPANY AS?

The operating margin was 3.5% in 2023, against a median of 14.7% among large companies in the same sector. Return on assets was 17.3%.

How solid is DEEP SEA DRILLING COMPANY AS?

The equity ratio was 10.9% in 2023 (median 30.9%). Debt-to-equity was 8.18 (median 2.12).

What is the liquidity of DEEP SEA DRILLING COMPANY AS like?

The current ratio was 1.12 in 2023 (median 1.08).

How does DEEP SEA DRILLING COMPANY AS compare in Olje og gass?

DEEP SEA DRILLING COMPANY AS ranks 389 of 565 in Olje og gass for 2023. Among companies of the same size (large companies) it ranks 62 of 88.

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.
925500925
Legal form
AS · part of a group
Sector
Olje og gass (09.101)
Size tier
large
Employees
0–4 (not registered)
Founded
1 July 2020 6 years in operation
Share capital
0.03 MNOK
Business address
Kokstadflaten 35, 5257 KOKSTAD (BERGEN)
Municipality
Bergen rank 9 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.odfjelldrilling.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
Jakob Korsgaard
Chair of the board
Kjetil Gjersdal
Board member
Ørjan Lunde
Board member
Cecilie Isdahl Gjelsvik
Auditor
KPMG 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index393643
Rank389450366
Operating margin3.5%3.3%3.3%
Return on assets17.3%14.9%10.7%
Equity ratio10.9%9.9%11.9%
Current ratio1.121.111.14
Revenue growth–−0.5%3.3%

Accounts

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

Key figure202320242025
Operating revenue1,772.7 MNOK1,763.3 MNOK1,820.9 MNOK
Operating profit61.5 MNOK58.9 MNOK59.9 MNOK
Profit before tax54.2 MNOK49.9 MNOK39.1 MNOK
Net profit42.3 MNOK38.9 MNOK30.5 MNOK
Financial expenses12.5 MNOK14.7 MNOK–
Total assets385.7 MNOK433.1 MNOK363.7 MNOK
Current assets385.7 MNOK433.1 MNOK363.7 MNOK
Equity42.0 MNOK42.9 MNOK43.4 MNOK
Retained earnings32.0 MNOK32.9 MNOK33.3 MNOK
Total liabilities343.6 MNOK390.2 MNOK320.4 MNOK
Current liabilities343.6 MNOK390.2 MNOK320.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4928433.