OCEANEERING AS
Score · fiscal year 2023
50of 100
How to read this: the company is ahead of 51 % of large companies in the same sector in 2023. What does this mean?
Rank: 272 of 565 · Olje og gass
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 39 and solidity 81 out of 100 among large companies in the same sector in 2023. Methodology
Against the sector
OCEANEERING AS is at the median for large companies in the same sector in 2023.
Median score 50 among 71 companies.
Against large companies in the same sector in 2023: operating margin 9.8% (median 9.9%) and equity ratio 68.7% (median 30.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1,719 MNOK | 2,393 MNOK |
| Operating margin | 9.8% | 9.9% |
| Profit margin | 19.6% | 11.2% |
| Return on assets | 5.9% | 14.5% |
| Equity ratio | 68.7% | 30.5% |
| Debt-to-equity | 0.45 | 2.19 |
| Current ratio | 0.98 | 1.10 |
| Revenue growth | – | 12.6% |
| Revenue per employee | 2.35 MNOK | 4.00 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 50, OCEANEERING AS does better than 51% of large companies in the same sector (71 companies) in 2023.
Score 2023–2025
- OCEANEERING AS
- Median: large companies in the same sector
What the numbers say
OCEANEERING AS had an operating margin of 9.8% and an equity ratio of 68.7% in 2023, and ranks 272 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 1,509 MNOK and 6,008 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2,611 MNOK |
| EV/EBIT | 8.0 | 1,509 MNOK |
| P/B | 1.0 | 6,008 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
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.98 (median 1.10).
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 | 39 | weight 30% |
|---|---|---|
| Solidity | 81 | weight 25% |
| Liquidity | 22 | weight 15% |
| Growth | – | no data, left out |
| Consistency | – | no data, left out |
Index version 2. Data completeness 70%: the share of the weights that had data.
Questions and answers
How profitable is OCEANEERING AS?
The operating margin was 9.8% in 2023, against a median of 9.9% among large companies in the same sector. Return on assets was 5.9%.
How solid is OCEANEERING AS?
The equity ratio was 68.7% in 2023 (median 30.5%). Debt-to-equity was 0.45 (median 2.19).
What is the liquidity of OCEANEERING AS like?
The current ratio was 0.98 in 2023 (median 1.10). Current assets did not cover current liabilities.
How does OCEANEERING AS compare in Olje og gass?
OCEANEERING AS ranks 272 of 565 in Olje og gass for 2023. Among companies of the same size (large companies) it ranks 35 of 71.
From the Central Coordinating Register
- Org. no.
- 932925753
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- large
- Employees
- 733 registered 10 October 2026
- Founded
- 4 December 1973 52 years in operation
- Share capital
- 94.63 MNOK
- Business address
- Vestre Svanholmen 24, 4313 SANDNES
- Municipality
- Sandnes rank 3 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.oceaneering.com
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
- Erik Hestnes Sæstad
- Chair of the board
- Bjørn Helliesen
- Board member
- Erik Hestnes Sæstad
- Board member
- Eli Løberg
- Board member
- Rune Austvoll
- Board member
- Helle Johnsen Bergesen
- Board member
- Kirsten Marie Gilje
- Board member
- Nabil Harchaouen
- Deputy member
- Gunnar Gulliksen
- Deputy member
- Stig Andresen
- Deputy member
- Katrine Eriksen Berg
- Auditor
- ERNST & YOUNG AS
- Accountant
- DATAPLAN ALPHA 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 | 50 | 60 | 74 | |
| Rank | 272 | 145 | 42 | |
| Operating margin | 9.8% | 10.3% | 15.4% | |
| Return on assets | 5.9% | 10.7% | 13.1% | |
| Equity ratio | 68.7% | 66.9% | 85.7% | |
| Current ratio | 0.98 | 1.26 | 2.34 | |
| Revenue growth | – | 9.8% | 14.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,718.9 MNOK | 1,888.2 MNOK | 2,158.2 MNOK |
| Operating profit | 167.9 MNOK | 194.5 MNOK | 333.0 MNOK |
| Profit before tax | 337.2 MNOK | 352.2 MNOK | 559.9 MNOK |
| Net profit | 261.1 MNOK | 276.1 MNOK | 455.1 MNOK |
| Financial expenses | 174.9 MNOK | 255.2 MNOK | 92.3 MNOK |
| Total assets | 8,739.6 MNOK | 5,685.5 MNOK | 4,966.4 MNOK |
| Current assets | 2,665.3 MNOK | 2,354.1 MNOK | 1,648.1 MNOK |
| Equity | 6,007.6 MNOK | 3,803.5 MNOK | 4,258.6 MNOK |
| Retained earnings | – | – | – |
| Total liabilities | 2,732.0 MNOK | 1,882.0 MNOK | 707.9 MNOK |
| Current liabilities | 2,718.4 MNOK | 1,873.4 MNOK | 704.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5130931.
Further
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