PETROLIA RIGS AS
Score · fiscal year 2024
51of 100
How to read this: the company is ahead of 52 % of small companies in the same sector in 2024. What does this mean?
Rank: 272 of 586 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 57 and solidity 62 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
PETROLIA RIGS AS is 1 points above the median for small companies in the same sector in 2024.
Median score 50 among 324 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 4.2% |
| Profit margin | – | 10.1% |
| Return on assets | 5.8% | 3.4% |
| Equity ratio | 79.2% | 52.4% |
| Debt-to-equity | 0.26 | 0.41 |
| Current ratio | 0.89 | 1.74 |
| Revenue growth | – | 3.4% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 51, PETROLIA RIGS AS does better than 52% of small companies in the same sector (325 companies) in 2024.
Score 2023–2025
- PETROLIA RIGS AS
- Median: small companies in the same sector
What the numbers say
PETROLIA RIGS AS had an operating margin of – and an equity ratio of 79.2% in 2024, and ranks 272 of 586 in Olje og gass.
From 2023 to 2024: went from a profit to a loss before tax and the equity ratio rose from 60.7% to 79.2%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 6 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 6 MUSD |
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 1.1 times current assets.
Based on: Current ratio 0.89 (median 1.74).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 10.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 54.0% 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
- watch Revenue not reported
- watch Reports in a currency other than NOK
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 | 57 | weight 30% |
|---|---|---|
| Solidity | 62 | weight 25% |
| Liquidity | 24 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 47 | weight 15% |
Durability: 43 (average over 2 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is PETROLIA RIGS AS?
The operating margin was – in 2024, against a median of 4.2% among small companies in the same sector. Return on assets was 5.8%. The company made a loss before tax.
How solid is PETROLIA RIGS AS?
The equity ratio was 79.2% in 2024 (median 52.4%). Debt-to-equity was 0.26 (median 0.41).
What is the liquidity of PETROLIA RIGS AS like?
The current ratio was 0.89 in 2024 (median 1.74). Current assets did not cover current liabilities.
How does PETROLIA RIGS AS compare in Olje og gass?
PETROLIA RIGS AS ranks 272 of 586 in Olje og gass for 2024. Among companies of the same size (small companies) it ranks 157 of 325.
From the Central Coordinating Register
- Org. no.
- 979644264
- Legal form
- AS
- Sector
- Olje og gass (09.101)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 23 February 1998 28 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Haakon VIIs gate 1, 0161 OSLO
- Municipality
- Oslo rank 106–282 of 357 in Norway
- Audit
- Audit opted out from 14 July 2026
- 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
- Chair of the board
- Sølve Nilsen
- Board member
- Renate Elisabeth Brekke
- Board member
- Camilla Eide
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 | 35 | 51 | 59 | |
| Rank | 423 | 272 | 180 | |
| Operating margin | – | – | – | |
| Return on assets | 4.4% | 5.8% | 170.2% | |
| Equity ratio | 60.7% | 79.2% | 41.8% | |
| Current ratio | 0.04 | 0.89 | 1.72 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | 0.0 MUSD | 0.0 MUSD | 0.0 MUSD |
| Profit before tax | 0.2 MUSD | −0.4 MUSD | 1.2 MUSD |
| Net profit | 0.1 MUSD | −0.5 MUSD | 1.1 MUSD |
| Financial expenses | 0.4 MUSD | 0.9 MUSD | 0.0 MUSD |
| Total assets | 14.1 MUSD | 8.1 MUSD | 0.7 MUSD |
| Current assets | 0.2 MUSD | 1.5 MUSD | 0.7 MUSD |
| Equity | 8.6 MUSD | 6.4 MUSD | 0.3 MUSD |
| Retained earnings | −93.4 MUSD | −95.5 MUSD | −101.6 MUSD |
| Total liabilities | 5.6 MUSD | 1.7 MUSD | 0.4 MUSD |
| Current liabilities | 5.6 MUSD | 1.7 MUSD | 0.4 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6077847.
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