ENHANCED DRILLING AS
Score · fiscal year 2023
64of 100
How to read this: the company is ahead of 76 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 123 of 565 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 68 and solidity 53 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
ENHANCED DRILLING AS is 16 points above the median for medium-sized companies in the same sector in 2023.
Median score 48 among 132 companies.
Against medium-sized companies in the same sector in 2023: operating margin 20.0% (median 7.8%) and equity ratio 39.7% (median 33.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 508 MNOK | 231 MNOK |
| Operating margin | 20.0% | 7.8% |
| Profit margin | 15.0% | 8.1% |
| Return on assets | 13.0% | 9.0% |
| Equity ratio | 39.7% | 33.9% |
| Debt-to-equity | 1.52 | 1.59 |
| Current ratio | 1.78 | 1.26 |
| Revenue growth | – | 15.0% |
| Revenue per employee | 3.34 MNOK | 3.65 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 64, ENHANCED DRILLING AS does better than 76% of medium-sized companies in the same sector (132 companies) in 2023.
Score 2023–2025
- ENHANCED DRILLING AS
- Median: medium-sized companies in the same sector
What the numbers say
ENHANCED DRILLING AS had an operating margin of 20.0% and an equity ratio of 39.7% in 2023, and ranks 123 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 346 MNOK and 578 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 578 MNOK |
| EV/EBIT | 8.0 | 452 MNOK |
| P/B | 1.0 | 346 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
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.
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 | 68 | weight 30% |
|---|---|---|
| Solidity | 53 | weight 25% |
| Liquidity | 70 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 72 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is ENHANCED DRILLING AS?
The operating margin was 20.0% in 2023, against a median of 7.8% among medium-sized companies in the same sector. Return on assets was 13.0%.
How solid is ENHANCED DRILLING AS?
The equity ratio was 39.7% in 2023 (median 33.9%). Debt-to-equity was 1.52 (median 1.59).
What is the liquidity of ENHANCED DRILLING AS like?
The current ratio was 1.78 in 2023 (median 1.26).
How does ENHANCED DRILLING AS compare in Olje og gass?
ENHANCED DRILLING AS ranks 123 of 565 in Olje og gass for 2023. Among companies of the same size (medium-sized companies) it ranks 33 of 132.
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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 64 | 64 | 75 | |
| Rank | 123 | 105 | 35 | |
| Operating margin | 20.0% | 26.0% | 31.7% | |
| Return on assets | 13.0% | 16.3% | 24.7% | |
| Equity ratio | 39.7% | 45.1% | 51.2% | |
| Current ratio | 1.78 | 2.77 | 2.70 | |
| Revenue growth | – | 7.7% | 81.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 508.2 MNOK | 547.5 MNOK | 993.2 MNOK |
| Operating profit | 101.9 MNOK | 142.3 MNOK | 314.4 MNOK |
| Profit before tax | 76.3 MNOK | 127.8 MNOK | 251.3 MNOK |
| Net profit | 57.8 MNOK | 96.7 MNOK | 195.9 MNOK |
| Financial expenses | 37.0 MNOK | 37.3 MNOK | 74.2 MNOK |
| Total assets | 870.7 MNOK | 1,012.2 MNOK | 1,317.7 MNOK |
| Current assets | 286.6 MNOK | 447.8 MNOK | 730.0 MNOK |
| Equity | 346.0 MNOK | 456.4 MNOK | 674.2 MNOK |
| Retained earnings | 181.9 MNOK | 278.6 MNOK | 474.2 MNOK |
| Total liabilities | 524.8 MNOK | 555.8 MNOK | 643.6 MNOK |
| Current liabilities | 161.3 MNOK | 161.8 MNOK | 270.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5198919.
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