ENHANCED DRILLING AS

Org. no. 978712606 · ØYGARDEN · Founded 1997 · 152 employees

Score · fiscal year 2025

75of 100

How to read this: the company is ahead of 96 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 35 of 584 · Olje og gass

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 83 and solidity 57 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

ENHANCED DRILLING AS is 24 points above the median for medium-sized companies in the same sector in 2025.

Median score 51 among 132 companies.

Against medium-sized companies in the same sector in 2025: operating margin 31.7% (median 6.3%) and equity ratio 51.2% (median 43.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue993 MNOK229 MNOK
Operating margin 31.7% 6.3% 82 %
Profit margin 25.3% 6.0% shown, not part of the index
Return on assets 24.7% 9.3% 84 %
Equity ratio 51.2% 43.2% 58 %
Debt-to-equity 0.95 1.17 57 %
Current ratio 2.70 1.32 83 %
Revenue growth 81.4% 4.8% 93 %
Revenue per employee6.53 MNOK3.89 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 75, ENHANCED DRILLING AS does better than 96% of medium-sized companies in the same sector (132 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ENHANCED DRILLING AS
  • Median: medium-sized companies in the same sector
Analysis · 2025

What the numbers say

ENHANCED DRILLING AS had an operating margin of 31.7% and an equity ratio of 51.2% in 2025, and ranks 35 of 584 in Olje og gass.

From 2024 to 2025: revenue grew by 81% and the operating margin rose from 26.0% to 31.7%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 674 MNOK and 2,147 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 195.9 MNOK 10.0 1,959 MNOK
EV/EBIT Operating profit: 314.4 MNOK
minus net debt 368.1 MNOK
8.0 2,147 MNOK
P/B Equity: 674.2 MNOK 1.0 674 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 · 2025

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

No anomalies found in 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 · 2025

What the score is made of

Profitability83 weight 30%
Solidity57 weight 25%
Liquidity83 weight 15%
Growth93 weight 15%
Consistency64 weight 15%

Durability: 68 (average over 3 years)

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

2025

Questions and answers

How profitable is ENHANCED DRILLING AS?

The operating margin was 31.7% in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was 24.7%.

How solid is ENHANCED DRILLING AS?

The equity ratio was 51.2% in 2025 (median 43.2%). Debt-to-equity was 0.95 (median 1.17).

What is the liquidity of ENHANCED DRILLING AS like?

The current ratio was 2.70 in 2025 (median 1.32).

How does ENHANCED DRILLING AS compare in Olje og gass?

ENHANCED DRILLING AS ranks 35 of 584 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 6 of 132. Revenue changed by 81.4% from the year before.

From the Central Coordinating Register

Org. no.
978712606
Legal form
AS
Sector
Olje og gass (09.101)
Size tier
medium
Employees
152 registered 10 October 2026
Founded
15 April 1997 29 years in operation
Share capital
5.27 MNOK
Business address
Smålonane 16, 5353 STRAUME (ØYGARDEN)
Municipality
Øygarden rank 2 of 13 in KOSTRA group 10
Latest accounts filed
2025
Website
www.enhanced-drilling.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
Kjetil Lunde
Chair of the board
Kjetil Lunde
Board member
Iain David Farley
Auditor
ERNST & YOUNG 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index646475
Rank12310535
Operating margin20.0%26.0%31.7%
Return on assets13.0%16.3%24.7%
Equity ratio39.7%45.1%51.2%
Current ratio1.782.772.70
Revenue growth–7.7%81.4%

Accounts

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

Key figure202320242025
Operating revenue508.2 MNOK547.5 MNOK993.2 MNOK
Operating profit101.9 MNOK142.3 MNOK314.4 MNOK
Profit before tax76.3 MNOK127.8 MNOK251.3 MNOK
Net profit57.8 MNOK96.7 MNOK195.9 MNOK
Financial expenses37.0 MNOK37.3 MNOK74.2 MNOK
Total assets870.7 MNOK1,012.2 MNOK1,317.7 MNOK
Current assets286.6 MNOK447.8 MNOK730.0 MNOK
Equity346.0 MNOK456.4 MNOK674.2 MNOK
Retained earnings181.9 MNOK278.6 MNOK474.2 MNOK
Total liabilities524.8 MNOK555.8 MNOK643.6 MNOK
Current liabilities161.3 MNOK161.8 MNOK270.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7099011.