STATOIL ZAGROS OIL AND GAS AS
Score · fiscal year 2023
30of 100
How to read this: the company is ahead of 21 % of small companies in the same sector in 2023. What does this mean?
Rank: 455 of 565 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 35 and solidity 0 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
STATOIL ZAGROS OIL AND GAS AS is 20 points below the median for small companies in the same sector in 2023.
Median score 50 among 324 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 4.3% |
| Profit margin | – | 9.4% |
| Return on assets | −0.4% | 3.4% |
| Equity ratio | −158.8% | 48.8% |
| Debt-to-equity | – | 0.50 |
| Current ratio | 12.78 | 1.51 |
| Revenue growth | – | −40.2% |
The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 30, STATOIL ZAGROS OIL AND GAS AS does better than 21% of small companies in the same sector (325 companies) in 2023.
Score 2023–2025
- STATOIL ZAGROS OIL AND GAS AS
- Median: small companies in the same sector
What the numbers say
STATOIL ZAGROS OIL AND GAS AS had an operating margin of – and an equity ratio of −158.8% in 2023, and ranks 455 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −158.8% (median 48.8%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 9.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
- watch No revenue but large assets
- critical Negative equity
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 | 35 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 82 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 17 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is STATOIL ZAGROS OIL AND GAS AS?
The operating margin was – in 2023, against a median of 4.3% among small companies in the same sector. Return on assets was −0.4%. The company made a loss before tax.
How solid is STATOIL ZAGROS OIL AND GAS AS?
The equity ratio was −158.8% in 2023 (median 48.8%). Equity is negative, so liabilities exceed assets.
What is the liquidity of STATOIL ZAGROS OIL AND GAS AS like?
The current ratio was 12.78 in 2023 (median 1.51).
How does STATOIL ZAGROS OIL AND GAS AS compare in Olje og gass?
STATOIL ZAGROS OIL AND GAS AS ranks 455 of 565 in Olje og gass for 2023. Among companies of the same size (small companies) it ranks 256 of 325.
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.
- 980189848
- Legal form
- AS · part of a group
- Sector
- Olje og gass (06.100)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 23 September 1998 28 years in operation
- Share capital
- 11.03 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
- Chair of the board
- Knut Varpe
- Board member
- Knut Tore Fjon
- 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 30 | 30 | 36 | |
| Rank | 455 | 489 | 433 | |
| Operating margin | – | – | – | |
| Return on assets | −0.4% | −0.1% | −0.2% | |
| Equity ratio | −158.8% | −175.7% | −137.7% | |
| Current ratio | 12.78 | 12.61 | 13.82 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | −0.2 MNOK | −0.1 MNOK | −0.1 MNOK |
| Profit before tax | −3.9 MNOK | −10.0 MNOK | 14.2 MNOK |
| Net profit | −3.9 MNOK | −10.0 MNOK | 14.2 MNOK |
| Financial expenses | 3.7 MNOK | 9.9 MNOK | −14.3 MNOK |
| Total assets | 41.7 MNOK | 43.4 MNOK | 45.0 MNOK |
| Current assets | 41.7 MNOK | 43.4 MNOK | 45.0 MNOK |
| Equity | −66.2 MNOK | −76.2 MNOK | −62.0 MNOK |
| Retained earnings | −77.3 MNOK | −87.3 MNOK | −73.0 MNOK |
| Total liabilities | 107.9 MNOK | 119.6 MNOK | 107.0 MNOK |
| Current liabilities | 3.3 MNOK | 3.4 MNOK | 3.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4989503.
Further
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