NOBLE INVINCIBLE OPERATIONS AS
Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.
Score · fiscal year 2023
18of 100
How to read this: the company is ahead of 5 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 512 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 29 and solidity 6 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
NOBLE INVINCIBLE OPERATIONS AS is 30 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 1.7% (median 7.8%) and equity ratio 3.6% (median 33.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 923 MNOK | 231 MNOK |
| Operating margin | 1.7% | 7.8% |
| Profit margin | 1.9% | 8.1% |
| Return on assets | 4.6% | 9.0% |
| Equity ratio | 3.6% | 33.9% |
| Debt-to-equity | 27.03 | 1.59 |
| Current ratio | 0.92 | 1.26 |
| Revenue growth | – | 15.0% |
| Revenue per employee | 54.31 MNOK | 3.65 MNOK |
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 18, NOBLE INVINCIBLE OPERATIONS AS does better than 5% of medium-sized companies in the same sector (132 companies) in 2023.
Score 2022–2024
- NOBLE INVINCIBLE OPERATIONS AS
- Median: medium-sized companies in the same sector
What the numbers say
NOBLE INVINCIBLE OPERATIONS AS had an operating margin of 1.7% and an equity ratio of 3.6% in 2023, and ranks 512 of 565 in Olje og gass.
From 2022 to 2023: the equity ratio fell from 100.0% to 3.6%.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 14 MNOK and 137 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 137 MNOK |
| EV/EBIT | 8.0 | 128 MNOK |
| P/B | 1.0 | 14 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 equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 3.6% (median 33.9%).
- watch
Consider strengthening liquidity: current liabilities are 1.1 times current assets.
Based on: Current ratio 0.92 (median 1.26).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 1.5%. 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 | 29 | weight 30% |
|---|---|---|
| Solidity | 6 | weight 25% |
| Liquidity | 20 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 16 | weight 15% |
Durability: 42 (average over 2 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is NOBLE INVINCIBLE OPERATIONS AS?
The operating margin was 1.7% in 2023, against a median of 7.8% among medium-sized companies in the same sector. Return on assets was 4.6%.
How solid is NOBLE INVINCIBLE OPERATIONS AS?
The equity ratio was 3.6% in 2023 (median 33.9%). Debt-to-equity was 27.03 (median 1.59).
What is the liquidity of NOBLE INVINCIBLE OPERATIONS AS like?
The current ratio was 0.92 in 2023 (median 1.26). Current assets did not cover current liabilities.
How does NOBLE INVINCIBLE OPERATIONS AS compare in Olje og gass?
NOBLE INVINCIBLE OPERATIONS AS ranks 512 of 565 in Olje og gass for 2023. Among companies of the same size (medium-sized companies) it ranks 126 of 132.
From the Central Coordinating Register
- Org. no.
- 929955412
- Legal form
- AS
- Sector
- Olje og gass (09.101)
- Size tier
- medium
- Employees
- 17 registered 10 August 2026
- Founded
- 30 June 2022 4 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Moseidveien 19, 4033 STAVANGER (SOLA)
- Municipality
- Sola rank 2 of 27 in KOSTRA group 9
- Latest accounts filed
- 2024
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
- Kirsti Russell Vastveit
- Chair of the board
- Claus Bachmann
- Board member
- Jonas Odland
- Auditor
- PRICEWATERHOUSECOOPERS AS
- Accountant
- ERNST & YOUNG COMPLIANCE SERVICES 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 · 2022–2024
| Key figure | 2022 | 2023 | 2024 | Trend |
|---|---|---|---|---|
| Index | 66 | 18 | 26 | |
| Rank | 4 | 512 | 504 | |
| Operating margin | – | 1.7% | 2.1% | |
| Return on assets | 0.0% | 4.6% | 8.4% | |
| Equity ratio | 100.0% | 3.6% | 6.2% | |
| Current ratio | – | 0.92 | 0.96 | |
| Revenue growth | – | – | 5.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating revenue | – | 923.3 MNOK | 969.6 MNOK |
| Operating profit | – | 15.7 MNOK | 20.7 MNOK |
| Profit before tax | 0.0 MNOK | 17.5 MNOK | 13.9 MNOK |
| Net profit | 0.0 MNOK | 13.7 MNOK | 10.8 MNOK |
| Financial expenses | – | 0.1 MNOK | 13.8 MNOK |
| Total assets | 0.1 MNOK | 386.2 MNOK | 332.2 MNOK |
| Current assets | 0.1 MNOK | 342.9 MNOK | 297.9 MNOK |
| Equity | 0.1 MNOK | 13.8 MNOK | 20.6 MNOK |
| Retained earnings | – | 13.7 MNOK | 20.5 MNOK |
| Total liabilities | 0.0 MNOK | 372.4 MNOK | 311.6 MNOK |
| Current liabilities | – | 372.4 MNOK | 311.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5303009.
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