SHELF DRILLING (NORWAY) 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 2024
42of 100
How to read this: the company is ahead of 34 % of small companies in the same sector in 2024. What does this mean?
Rank: 380 of 586 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 42 and solidity 12 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
SHELF DRILLING (NORWAY) AS is 8 points below the median for small companies in the same sector in 2024.
Median score 50 among 324 companies.
Against small companies in the same sector in 2024: operating margin 0.0% (median 4.2%) and equity ratio 0.6% (median 52.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 53 MNOK | 3 MNOK |
| Operating margin | 0.0% | 4.2% |
| Profit margin | 0.3% | 10.1% |
| Return on assets | 0.4% | 3.4% |
| Equity ratio | 0.6% | 52.4% |
| Debt-to-equity | 173.85 | 0.41 |
| Current ratio | 0.99 | 1.74 |
| Revenue growth | 1,142.5% | 3.4% |
| Revenue per employee | 0.29 MNOK | 2.20 MNOK |
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 42, SHELF DRILLING (NORWAY) AS does better than 34% of small companies in the same sector (325 companies) in 2024.
Score 2023–2024
- SHELF DRILLING (NORWAY) AS
- Median: small companies in the same sector
SHELF DRILLING (NORWAY) AS has a score of 42 for 2024, rank 380 of 586 in the sector.
Strongest: Growth: percentile 98 against peers, revenue growth 1,142.5% against a median of 3.4%.
Weakest: Solidity: percentile 12 against peers, equity ratio 0.6% against a median of 52.4%. Liquidity: percentile 27 against peers, current ratio 0.99 against a median of 1.74.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 0.6% (median 52.4%).
- Consider strengthening liquidity: current liabilities are 1.0 times current assets. Based on: current ratio 0.99 (median 1.74).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 1,142.5% (median 3.4%); current ratio 0.99 (median 1.74).
- What lies behind weak solidity, 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
SHELF DRILLING (NORWAY) AS had an operating margin of 0.0% and an equity ratio of 0.6% in 2024, and ranks 380 of 586 in Olje og gass.
From 2023 to 2024: revenue grew by 1,142% and the operating margin fell from 6.8% to 0.0%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 0 MNOK and 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | 2 MNOK |
| P/B | 1.0 | 0 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 0.6% (median 52.4%).
- watch
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.99 (median 1.74).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 1,142.5% (median 3.4%); Current ratio 0.99 (median 1.74).
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 | 42 | weight 30% |
|---|---|---|
| Solidity | 12 | weight 25% |
| Liquidity | 27 | weight 15% |
| Growth | 98 | weight 15% |
| Consistency | 52 | weight 15% |
Durability: 39 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SHELF DRILLING (NORWAY) AS?
The operating margin was 0.0% in 2024, against a median of 4.2% among small companies in the same sector. Return on assets was 0.4%.
How solid is SHELF DRILLING (NORWAY) AS?
The equity ratio was 0.6% in 2024 (median 52.4%). Debt-to-equity was 173.85 (median 0.41).
What is the liquidity of SHELF DRILLING (NORWAY) AS like?
The current ratio was 0.99 in 2024 (median 1.74). Current assets did not cover current liabilities.
How does SHELF DRILLING (NORWAY) AS compare in Olje og gass?
SHELF DRILLING (NORWAY) AS ranks 380 of 586 in Olje og gass for 2024. Among companies of the same size (small companies) it ranks 214 of 325. Revenue changed by 1,142.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 930832421
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- small
- Employees
- 181 registered 10 June 2026
- Founded
- 1 February 2023 3 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Koppholen 23, 4313 SANDNES
- Municipality
- Sandnes rank 3 of 11 in KOSTRA group 12
- 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
- Chair of the board
- Roger Åserød
- Board member
- Rolf Juan Morales
- Board member
- Katie Jane Weir
- Auditor
- PRICEWATERHOUSECOOPERS AS
- Accountant
- ERNST & YOUNG COMPLIANCE SERVICES AS
- Accountant
- AZETS INSIGHT 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 · 2023–2024
| Key figure | 2023 | 2024 | Trend |
|---|---|---|---|
| Index | 36 | 42 | |
| Rank | 410 | 380 | |
| Operating margin | 6.8% | 0.0% | |
| Return on assets | 4.5% | 0.4% | |
| Equity ratio | 1.9% | 0.6% | |
| Current ratio | 1.01 | 0.99 | |
| Revenue growth | – | 1,142.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 |
|---|---|---|
| Operating revenue | 4.2 MNOK | 52.6 MNOK |
| Operating profit | 0.3 MNOK | 0.0 MNOK |
| Profit before tax | 0.1 MNOK | 0.2 MNOK |
| Net profit | 0.1 MNOK | 0.1 MNOK |
| Financial expenses | 0.1 MNOK | 0.1 MNOK |
| Total assets | 6.3 MNOK | 47.4 MNOK |
| Current assets | 6.2 MNOK | 46.7 MNOK |
| Equity | 0.1 MNOK | 0.3 MNOK |
| Retained earnings | 0.1 MNOK | 0.3 MNOK |
| Total liabilities | 6.2 MNOK | 47.1 MNOK |
| Current liabilities | 6.2 MNOK | 47.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6330577.
Further
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