DOLPHIN DRILLING AS
Score · fiscal year 2025
68of 100
How to read this: the company is ahead of 83 % of small companies in the same sector in 2025. What does this mean?
Rank: 49 of 320 · Olje og gass
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 44 and solidity 96 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
DOLPHIN DRILLING AS is 20 points above the median for small companies in the same sector in 2025.
Median score 48 among 143 companies.
Against small companies in the same sector in 2025: operating margin 1.6% (median 2.6%) and equity ratio 99.5% (median 41.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 27 MNOK | 19 MNOK |
| Operating margin | 1.6% | 2.6% |
| Profit margin | −4,151.1% | 6.4% |
| Return on assets | 3.7% | 8.5% |
| Equity ratio | 99.5% | 41.9% |
| Debt-to-equity | 0.01 | 0.90 |
| Current ratio | 12.46 | 1.39 |
| Revenue growth | 271.3% | 4.4% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 68, DOLPHIN DRILLING AS does better than 83% of small companies in the same sector (143 companies) in 2025.
Score 2023–2025
- DOLPHIN DRILLING AS
- Median: small companies in the same sector
DOLPHIN DRILLING AS has a score of 68 for 2025, rank 49 of 320 in the sector.
Strongest: Solidity: percentile 96 against peers, equity ratio 99.5% against a median of 41.9%. Growth: percentile 95 against peers, revenue growth 271.3% against a median of 4.4%.
Weakest: Consistency: percentile 21 against peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −4,151.1% (median 6.4%).
- What lies behind weak consistency, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
DOLPHIN DRILLING AS had an operating margin of 1.6% and an equity ratio of 99.5% in 2025, and ranks 49 of 320 in Olje og gass.
From 2024 to 2025: the operating margin rose from −9,263.2% to 1.6% and revenue grew by 271%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 16 MNOK and 1,321 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 16 MNOK |
| P/B | 1.0 | 1,321 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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −4,151.1% (median 6.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 15,964.7% 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.
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 1.6%. 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 | 44 | weight 30% |
|---|---|---|
| Solidity | 96 | weight 25% |
| Liquidity | 92 | weight 15% |
| Growth | 95 | weight 15% |
| Consistency | 21 | weight 15% |
Durability: 53 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is DOLPHIN DRILLING AS?
The operating margin was 1.6% in 2025, against a median of 2.6% among small companies in the same sector. Return on assets was 3.7%. The company made a loss before tax.
How solid is DOLPHIN DRILLING AS?
The equity ratio was 99.5% in 2025 (median 41.9%). Debt-to-equity was 0.01 (median 0.90).
What is the liquidity of DOLPHIN DRILLING AS like?
The current ratio was 12.46 in 2025 (median 1.39).
How does DOLPHIN DRILLING AS compare in Olje og gass?
DOLPHIN DRILLING AS ranks 49 of 320 in Olje og gass for 2025. Among companies of the same size (small companies) it ranks 25 of 143. Revenue changed by 271.3% from the year before.
Group accounts · 2025
3 of 100
Rank 1475 of 1479 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 179 MUSD
- ≈ 1,856 MNOK at Norges Bank's rate for the period
- Operating profit, group
- −34 MUSD
- ≈ −354 MNOK at Norges Bank's rate for the period
- Profit before tax, group
- −56 MUSD
- ≈ −580 MNOK at Norges Bank's rate for the period
- Total assets, group
- 180 MUSD
- ≈ 1,819 MNOK at Norges Bank's rate for the period
- Equity, group
- 22 MUSD
- ≈ 222 MNOK at Norges Bank's rate for the period
The group accounts are in USD. Amounts are shown in USD, with NOK below. Ratios are computed in USD.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | −19.0% | 1.6% |
| Return on assets | −18.7% | 3.7% |
| Equity ratio | 12.2% | 99.5% |
| Current ratio | 0.49 | 12.46 |
| Revenue growth | – | 271.3% |
Group index in earlier years: 2023: 41 (1207 of 1908), 2024: 16 (1469 of 1528).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 929255038
- Legal form
- AS
- Sector
- Olje og gass (09.101)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 1 April 2022 4 years in operation
- Share capital
- 1,016.89 MNOK
- Business address
- Vestre Svanholmen 12, 4313 SANDNES
- Municipality
- Sandnes rank 4 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 636700KVRNQYY153LO45 renews 15 July 2027
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
- Ronny Bjørnådal
- Board member
- Pål Lothe Magnussen
- Board member
- Linn Katrine Høie
- Board member
- Tom Lileng
- Board member
- Melissa Anthea Clare
- Auditor
- KPMG AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 61 | 29 | 68 | |
| Rank | 100 | 280 | 49 | |
| Operating margin | −0.3% | −9,263.2% | 1.6% | |
| Return on assets | 3.2% | −25.6% | 3.7% | |
| Equity ratio | 92.5% | 90.5% | 99.5% | |
| Current ratio | 52.11 | 0.36 | 12.46 | |
| Revenue growth | – | −25.4% | 271.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 9.6 MNOK | 7.1 MNOK | 26.5 MNOK |
| Operating profit | 0.0 MNOK | −661.4 MNOK | 0.4 MNOK |
| Profit before tax | −4.0 MNOK | −574.4 MNOK | −1,100.6 MNOK |
| Net profit | −4.0 MNOK | −574.4 MNOK | −1,100.6 MNOK |
| Financial expenses | 76.5 MNOK | 20.9 MNOK | 1,150.2 MNOK |
| Total assets | 2,283.1 MNOK | 2,159.6 MNOK | 1,328.6 MNOK |
| Current assets | 203.5 MNOK | 73.8 MNOK | 89.8 MNOK |
| Equity | 2,112.1 MNOK | 1,955.1 MNOK | 1,321.4 MNOK |
| Retained earnings | −49.8 MNOK | −579.0 MNOK | −1,762.5 MNOK |
| Total liabilities | 171.0 MNOK | 204.6 MNOK | 7.2 MNOK |
| Current liabilities | 3.9 MNOK | 204.6 MNOK | 7.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7223254.
Further
Similar companies
- TASTA DRILLING AS index 70, rank 46 · compare
- GM DEEPWATER CONSULTANCY AS index 69, rank 48 · compare
- EXPLONOR AS index 68, rank 50 · compare
- PETROMARIN HOLDING AS index 68, rank 51 · compare
- GC RIEBER SHIPPING AS index 68, rank 54 · compare