EQUINOR APSHERON AS

Org. no. 975798658 · STAVANGER · Founded 1995

Score · fiscal year 2024

56of 100

How to read this: the company is ahead of 63 % of large companies in the same sector in 2024. What does this mean?

Rank: 205 of 586 · Olje og gass

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 99 and solidity 42 out of 100 among large companies in the same sector in 2024. Methodology

Against the sector

EQUINOR APSHERON AS is 6 points above the median for large companies in the same sector in 2024.

Median score 50 among 95 companies.

Against large companies in the same sector in 2024: operating margin 110.5% (median 10.7%) and equity ratio 21.6% (median 25.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue6,246 MNOK2,688 MNOK
Operating margin 110.5% 10.7% 100 %
Profit margin 117.0% 12.5% shown, not part of the index
Return on assets 73.8% 14.7% 98 %
Equity ratio 21.6% 25.9% 44 %
Debt-to-equity 3.63 2.71 41 %
Current ratio 1.26 1.12 63 %
Revenue growth −28.3% 5.9% 9 %

The median and “ahead of” refer to large companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 56, EQUINOR APSHERON AS does better than 63% of large companies in the same sector (95 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • EQUINOR APSHERON AS
  • Median: large companies in the same sector
Analysis · 2024

What the numbers say

EQUINOR APSHERON AS had an operating margin of 110.5% and an equity ratio of 21.6% in 2024, and ranks 205 of 586 in Olje og gass.

From 2023 to 2024: the operating margin rose from 67.2% to 110.5% and the equity ratio fell from 55.4% to 21.6%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 2,139 MNOK and 55,218 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2,466.0 MNOK 10.0 24,660 MNOK
EV/EBIT Operating profit: 6,901.8 MNOK
minus net debt −3.8 MNOK
8.0 55,218 MNOK
P/B Equity: 2,138.5 MNOK 1.0 2,139 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

Indications · 2024

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

  • watch Extreme margin: check the figures
Stress test · 2022

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

Components · 2024

What the score is made of

Profitability99 weight 30%
Solidity42 weight 25%
Liquidity63 weight 15%
Growth9 weight 15%
Consistency32 weight 15%

Durability: 67 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is EQUINOR APSHERON AS?

The operating margin was 110.5% in 2024, against a median of 10.7% among large companies in the same sector. Return on assets was 73.8%.

How solid is EQUINOR APSHERON AS?

The equity ratio was 21.6% in 2024 (median 25.9%). Debt-to-equity was 3.63 (median 2.71).

What is the liquidity of EQUINOR APSHERON AS like?

The current ratio was 1.26 in 2024 (median 1.12).

How does EQUINOR APSHERON AS compare in Olje og gass?

EQUINOR APSHERON AS ranks 205 of 586 in Olje og gass for 2024. Among companies of the same size (large companies) it ranks 36 of 95. Revenue changed by −28.3% 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.
975798658
Legal form
AS · part of a group
Sector
Olje og gass (06.100)
Size tier
large
Employees
0–4 (not registered)
Founded
2 October 1995 31 years in operation
Share capital
1.00 MNOK
Business address
Forusbeen 50, 4035 STAVANGER
Municipality
Stavanger rank 5–9 of 11 in KOSTRA group 12
Latest accounts filed
2025

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
Helge Birkenes Vatn
Chair of the board
Helge Birkenes Vatn
Board member
Knut Varpe
Board member
Vibeke Berg
Auditor
ERNST & YOUNG AS
Accountant
EQUINOR ASA

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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index775619
Rank39205541
Operating margin67.2%110.5%–
Return on assets45.0%73.8%−48.1%
Equity ratio55.4%21.6%17.5%
Current ratio1.261.261.13
Revenue growth–−28.3%−100.0%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue8,709.3 MNOK6,246.4 MNOK0.0 MNOK
Operating profit5,850.7 MNOK6,901.8 MNOK−178.3 MNOK
Profit before tax5,793.4 MNOK7,310.0 MNOK−990.7 MNOK
Net profit1,054.3 MNOK2,466.0 MNOK−812.0 MNOK
Financial expenses–––
Total assets12,871.2 MNOK9,900.2 MNOK2,057.8 MNOK
Current assets3,436.7 MNOK9,762.0 MNOK1,919.6 MNOK
Equity7,131.4 MNOK2,138.5 MNOK360.2 MNOK
Retained earnings4,379.7 MNOK––
Total liabilities5,739.9 MNOK7,761.7 MNOK1,697.6 MNOK
Current liabilities2,721.9 MNOK7,761.7 MNOK1,697.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6067237.