Noble Drilling Norge 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
49of 100
How to read this: the company is ahead of 49 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 223 of 434 · What are Morning company classes?
Place in the whole sector: 1,137 of 2,171 · Forretningsmessig tjenesteyting
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 58 and solidity 24 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
Noble Drilling Norge AS is at the median for companies in the Morning class Medium in the same sector in 2024.
Median score 49 among 434 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin 7.2% (median 3.9%) and equity ratio 9.9% (median 20.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 298 MNOK | 112 MNOK |
| Operating margin | 7.2% | 3.9% |
| Profit margin | 9.9% | 3.7% |
| Return on assets | 8.5% | 10.0% |
| Equity ratio | 9.9% | 20.4% |
| Debt-to-equity | 9.06 | 3.56 |
| Current ratio | 1.11 | 1.16 |
| Revenue growth | 243.2% | 9.2% |
| Revenue per employee | 0.52 MNOK | 1.54 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 49, Noble Drilling Norge AS does better than 49% of companies in the Morning class Medium in the same sector (434 companies) in 2024.
Score 2022–2024
- Noble Drilling Norge AS
- Median: companies in the Morning class Medium in the same sector
Noble Drilling Norge AS has a score of 49 for 2024, rank 1,137 of 2,171 in the sector.
Strongest: Growth: percentile 99 against peers, revenue growth 243.2% against a median of 9.2%.
Weakest: Solidity: percentile 24 against peers, equity ratio 9.9% against a median of 20.4%. Consistency: percentile 28 against peers.
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 9.9% (median 20.4%).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 243.2% (median 9.2%); current ratio 1.11 (median 1.16).
- What lies behind weak solidity, and will it last?
- 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
Noble Drilling Norge AS had an operating margin of 7.2% and an equity ratio of 9.9% in 2024, and ranks 1,137 of 2,171 in Forretningsmessig tjenesteyting.
From 2023 to 2024: revenue grew by 243% and went from a loss to a profit before tax.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 51 MNOK and 229 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 229 MNOK |
| EV/EBIT | 8.0 | 198 MNOK |
| P/B | 1.0 | 51 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 9.9% (median 20.4%).
- 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 243.2% (median 9.2%); Current ratio 1.11 (median 1.16).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.1% 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.
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 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of −3.2%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 58 | weight 30% |
|---|---|---|
| Solidity | 24 | weight 25% |
| Liquidity | 42 | weight 15% |
| Growth | 99 | weight 15% |
| Consistency | 28 | weight 15% |
Durability: 41 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Noble Drilling Norge AS?
The operating margin was 7.2% in 2024, against a median of 3.9% among companies in the Morning class Medium in the same sector. Return on assets was 8.5%.
How solid is Noble Drilling Norge AS?
The equity ratio was 9.9% in 2024 (median 20.4%). Debt-to-equity was 9.06 (median 3.56).
What is the liquidity of Noble Drilling Norge AS like?
The current ratio was 1.11 in 2024 (median 1.16).
How does Noble Drilling Norge AS compare in Forretningsmessig tjenesteyting?
Noble Drilling Norge AS ranks 1,137 of 2,171 in Forretningsmessig tjenesteyting for 2024. Among companies in the Morning class Medium it is number 223 of 434. Revenue changed by 243.2% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
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.
- 952603957
- Legal form
- AS · part of a group
- Sector
- Forretningsmessig tjenesteyting (78.200)
- Morning company class
- Medium
- Employees
- 579 registered 10 October 2026
- Founded
- 28 July 1989 37 years in operation
- Share capital
- 7.50 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
Loading roles …
Source: Central Coordinating Register, fetched 31 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 31 October 2026.
Year by year · 2022–2024
| Key figure | 2022 | 2023 | 2024 | Trend |
|---|---|---|---|---|
| Index | 44 | 30 | 49 | |
| Rank | 24 | 1,649 | 1,137 | |
| Operating margin | 3.8% | −11.7% | 7.2% | |
| Return on assets | 4.2% | 0.4% | 8.5% | |
| Equity ratio | 18.8% | 13.4% | 9.9% | |
| Current ratio | 1.06 | 1.16 | 1.11 | |
| Revenue growth | – | −0.7% | 243.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating revenue | 87.5 MNOK | 86.9 MNOK | 298.2 MNOK |
| Operating profit | 3.3 MNOK | −10.2 MNOK | 21.6 MNOK |
| Profit before tax | 11.2 MNOK | −8.0 MNOK | 29.5 MNOK |
| Net profit | 8.7 MNOK | −6.3 MNOK | 22.9 MNOK |
| Financial expenses | 2.8 MNOK | 9.5 MNOK | 14.7 MNOK |
| Total assets | 331.1 MNOK | 386.9 MNOK | 517.7 MNOK |
| Current assets | 280.9 MNOK | 386.9 MNOK | 517.7 MNOK |
| Equity | 62.3 MNOK | 51.9 MNOK | 51.4 MNOK |
| Retained earnings | 54.8 MNOK | 44.4 MNOK | 43.9 MNOK |
| Total liabilities | 268.8 MNOK | 334.9 MNOK | 466.3 MNOK |
| Current liabilities | 266.2 MNOK | 334.6 MNOK | 466.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6273821.
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