ELDORADO DRILLING AS
Score · fiscal year 2024
78of 100
How to read this: the company is ahead of 96 % of small companies in the same sector in 2024. What does this mean?
Rank: 43 of 958 · Sjøfart
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 67 and solidity 98 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
ELDORADO DRILLING AS is 28 points above the median for small companies in the same sector in 2024.
Median score 50 among 654 companies.
Against small companies in the same sector in 2024: operating margin 276.2% (median 8.3%) and equity ratio 99.6% (median 44.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 9 MNOK | 17 MNOK |
| Operating margin | 276.2% | 8.3% |
| Profit margin | 511.1% | 7.0% |
| Return on assets | 4.6% | 8.7% |
| Equity ratio | 99.6% | 44.5% |
| Debt-to-equity | 0.00 | 1.09 |
| Current ratio | 114.62 | 1.76 |
| Revenue growth | – | 8.0% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 78, ELDORADO DRILLING AS does better than 96% of small companies in the same sector (654 companies) in 2024.
Score 2023–2025
- ELDORADO DRILLING AS
- Median: small companies in the same sector
What the numbers say
ELDORADO DRILLING AS had an operating margin of 276.2% and an equity ratio of 99.6% in 2024, and ranks 43 of 958 in Sjøfart.
From 2023 to 2024: went from a loss to a profit before tax and the equity ratio rose from 59.8% to 99.6%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 36 MUSD and 275 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 41 MUSD |
| EV/EBIT | 8.0 | 36 MUSD |
| P/B | 1.0 | 275 MUSD |
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
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 276.2% (median 8.3%); Equity ratio 99.6% (median 44.5%); Current ratio 114.62 (median 1.76).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 699.4% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
- watch Extreme margin: check the figures
- watch Reports in a currency other than NOK
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 5.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 67 | weight 30% |
|---|---|---|
| Solidity | 98 | weight 25% |
| Liquidity | 99 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 45 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is ELDORADO DRILLING AS?
The operating margin was 276.2% in 2024, against a median of 8.3% among small companies in the same sector. Return on assets was 4.6%.
How solid is ELDORADO DRILLING AS?
The equity ratio was 99.6% in 2024 (median 44.5%). Debt-to-equity was 0.00 (median 1.09).
What is the liquidity of ELDORADO DRILLING AS like?
The current ratio was 114.62 in 2024 (median 1.76).
How does ELDORADO DRILLING AS compare in Sjøfart?
ELDORADO DRILLING AS ranks 43 of 958 in Sjøfart for 2024. Among companies of the same size (small companies) it ranks 25 of 654.
Group accounts · 2025
55 of 100
Rank 538 of 1354 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 131 MUSD
- ≈ 1,363 MNOK at Norges Bank's rate for the period
- Operating profit, group
- 21 MUSD
- ≈ 221 MNOK at Norges Bank's rate for the period
- Profit before tax, group
- −58 MUSD
- ≈ −598 MNOK at Norges Bank's rate for the period
- Total assets, group
- 442 MUSD
- ≈ 4,459 MNOK at Norges Bank's rate for the period
- Equity, group
- 185 MUSD
- ≈ 1,868 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 (2024) |
|---|---|---|
| Operating margin | 16.2% | – |
| Return on assets | 5.3% | – |
| Equity ratio | 41.9% | – |
| Current ratio | 1.24 | – |
| Revenue growth | 65,500.5% | – |
Group index in earlier years: 2023: 47 (944 of 1757), 2024: 45 (857 of 1400).
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).
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.
- 929315235
- Legal form
- AS · part of a group
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 22 April 2022 4 years in operation
- Share capital
- 0.04 MNOK
- Business address
- Travbaneveien 3, 4031 STAVANGER
- Municipality
- Stavanger rank 5 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 636700D4YD0J1ARGOO78 renews 30 March 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
- Bernie Gayland Wolford Jr
- Board member
- Dervla Hunt
- Board member
- Darren Maupin
- Auditor
- DELOITTE AS
- Accountant
- AIDER AS
Source: Central Coordinating Register, fetched 29 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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | 78 | 45 | |
| Rank | – | 43 | 610 | |
| Operating margin | – | 276.2% | −363.2% | |
| Return on assets | −8.4% | 4.6% | 5.3% | |
| Equity ratio | 59.8% | 99.6% | 82.1% | |
| Current ratio | 2.19 | 114.62 | 3.31 | |
| Revenue growth | – | – | −20.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2024–31 December 2024: 10.7433 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | 0.8 MUSD | 0.6 MUSD |
| Operating profit | −32.2 MUSD | 2.2 MUSD | −2.3 MUSD |
| Profit before tax | −118.9 MUSD | 4.1 MUSD | −18.5 MUSD |
| Net profit | −118.9 MUSD | 4.1 MUSD | −18.5 MUSD |
| Financial expenses | 97.7 MUSD | 8.6 MUSD | 33.0 MUSD |
| Total assets | 253.4 MUSD | 276.6 MUSD | 271.9 MUSD |
| Current assets | 223.4 MUSD | 140.2 MUSD | 161.0 MUSD |
| Equity | 151.4 MUSD | 275.4 MUSD | 223.2 MUSD |
| Retained earnings | −119.0 MUSD | −114.9 MUSD | −133.4 MUSD |
| Total liabilities | 102.0 MUSD | 1.2 MUSD | 48.7 MUSD |
| Current liabilities | 102.0 MUSD | 1.2 MUSD | 48.7 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6231731.
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