NORTHERN OCEAN WIND AS
Score · fiscal year 2025
10of 100
How to read this: the company is ahead of 1 % of large companies in the same sector in 2025. What does this mean?
Rank: 563 of 584 · 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 6 and solidity 0 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
NORTHERN OCEAN WIND AS is 38 points below the median for large companies in the same sector in 2025.
Median score 48 among 77 companies.
Against large companies in the same sector in 2025: operating margin −1.5% (median 7.5%) and equity ratio −2.3% (median 27.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1,631 MNOK | 2,158 MNOK |
| Operating margin | −1.5% | 7.5% |
| Profit margin | −1.0% | 7.3% |
| Return on assets | −4.3% | 13.0% |
| Equity ratio | −2.3% | 27.2% |
| Debt-to-equity | – | 2.60 |
| Current ratio | 0.98 | 1.12 |
| Revenue growth | – | 3.3% |
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 10, NORTHERN OCEAN WIND AS does better than 1% of large companies in the same sector (78 companies) in 2025.
Score 2023–2025
- NORTHERN OCEAN WIND AS
- Median: large companies in the same sector
What the numbers say
NORTHERN OCEAN WIND AS had an operating margin of −1.5% and an equity ratio of −2.3% in 2025, and ranks 563 of 584 in Olje og gass.
From 2024 to 2025: went from a profit to a loss before tax.
This text is generated automatically from the 2025 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 −2.3% (median 27.2%).
- watch
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.98 (median 1.12).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −1.0% (median 7.3%).
- 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 −1.5% (median 7.5%).
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 | 6 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 26 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 19 | weight 15% |
Durability: 24 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is NORTHERN OCEAN WIND AS?
The operating margin was −1.5% in 2025, against a median of 7.5% among large companies in the same sector. Return on assets was −4.3%. The company made a loss before tax.
How solid is NORTHERN OCEAN WIND AS?
The equity ratio was −2.3% in 2025 (median 27.2%). Equity is negative, so liabilities exceed assets.
What is the liquidity of NORTHERN OCEAN WIND AS like?
The current ratio was 0.98 in 2025 (median 1.12). Current assets did not cover current liabilities.
How does NORTHERN OCEAN WIND AS compare in Olje og gass?
NORTHERN OCEAN WIND AS ranks 563 of 584 in Olje og gass for 2025. Among companies of the same size (large companies) it ranks 77 of 78.
From the Central Coordinating Register
- Org. no.
- 928762238
- Legal form
- AS
- Sector
- Olje og gass (09.101)
- Size tier
- large
- Employees
- 0–4 (not registered)
- Founded
- 7 January 2022 4 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Professor Olav Hanssens vei 7A, 4021 STAVANGER
- Municipality
- Stavanger rank 4 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
- Jonas Ytreland
- Board member
- Eirik Sunde
- Auditor
- PRICEWATERHOUSECOOPERS 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 | 31 | 32 | 10 | |
| Rank | 440 | 476 | 563 | |
| Operating margin | – | – | −1.5% | |
| Return on assets | 0.7% | 0.2% | −4.3% | |
| Equity ratio | 1.4% | 1.8% | −2.3% | |
| Current ratio | 1.01 | 1.02 | 0.98 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | – | 1,630.6 MNOK |
| Operating profit | 0.0 MNOK | −0.1 MNOK | −24.8 MNOK |
| Profit before tax | −0.9 MNOK | 0.3 MNOK | −16.3 MNOK |
| Net profit | −0.9 MNOK | 0.3 MNOK | −15.5 MNOK |
| Financial expenses | 1.4 MNOK | −0.2 MNOK | −4.8 MNOK |
| Total assets | 76.6 MNOK | 73.4 MNOK | 490.4 MNOK |
| Current assets | 76.6 MNOK | 73.4 MNOK | 490.4 MNOK |
| Equity | 1.1 MNOK | 1.3 MNOK | −11.2 MNOK |
| Retained earnings | 1.1 MNOK | 1.3 MNOK | −11.3 MNOK |
| Total liabilities | 75.5 MNOK | 72.1 MNOK | 501.6 MNOK |
| Current liabilities | 75.5 MNOK | 72.1 MNOK | 501.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7214634.
Further
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