DEEPOCEAN AS
Score · fiscal year 2024
60of 100
How to read this: the company is ahead of 73 % of large companies in the same sector in 2024. What does this mean?
Rank: 158 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 65 and solidity 57 out of 100 among large companies in the same sector in 2024. Methodology
Against the sector
DEEPOCEAN AS is 10 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 11.1% (median 10.7%) and equity ratio 31.4% (median 25.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 6,089 MNOK | 2,688 MNOK |
| Operating margin | 11.1% | 10.7% |
| Profit margin | 18.0% | 12.5% |
| Return on assets | 36.5% | 14.7% |
| Equity ratio | 31.4% | 25.9% |
| Debt-to-equity | 2.18 | 2.71 |
| Current ratio | 1.03 | 1.12 |
| Revenue growth | 26.1% | 5.9% |
| Revenue per employee | 6.21 MNOK | 5.39 MNOK |
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 60, DEEPOCEAN AS does better than 73% of large companies in the same sector (95 companies) in 2024.
Score 2023–2025
- DEEPOCEAN AS
- Median: large companies in the same sector
What the numbers say
DEEPOCEAN AS had an operating margin of 11.1% and an equity ratio of 31.4% in 2024, and ranks 158 of 586 in Olje og gass.
From 2023 to 2024: the equity ratio rose from 17.4% to 31.4% and revenue grew by 26%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 979 MNOK and 9,531 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 9,531 MNOK |
| EV/EBIT | 8.0 | 6,278 MNOK |
| P/B | 1.0 | 979 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
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 26.1% (median 5.9%); Current ratio 1.03 (median 1.12).
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 | 65 | weight 30% |
|---|---|---|
| Solidity | 57 | weight 25% |
| Liquidity | 31 | weight 15% |
| Growth | 75 | weight 15% |
| Consistency | 68 | weight 15% |
Durability: 45 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is DEEPOCEAN AS?
The operating margin was 11.1% in 2024, against a median of 10.7% among large companies in the same sector. Return on assets was 36.5%.
How solid is DEEPOCEAN AS?
The equity ratio was 31.4% in 2024 (median 25.9%). Debt-to-equity was 2.18 (median 2.71).
What is the liquidity of DEEPOCEAN AS like?
The current ratio was 1.03 in 2024 (median 1.12).
How does DEEPOCEAN AS compare in Olje og gass?
DEEPOCEAN AS ranks 158 of 586 in Olje og gass for 2024. Among companies of the same size (large companies) it ranks 26 of 95. Revenue changed by 26.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 980722805
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- large
- Employees
- 981 registered 10 October 2026
- Founded
- 8 April 1999 27 years in operation
- Share capital
- 118.96 MNOK
- Business address
- Karmsundgata 74, 5529 HAUGESUND
- Municipality
- Haugesund rank 1–6 of 13 in KOSTRA group 10
- 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
- Olaf Alexander Hansen
- Chair of the board
- Eirik Røkenes Vrålstad
- Board member
- Ove Medhaug Herøy
- Board member
- Ottar Kringen Mæland
- Board member
- Rune Hundhammer
- Board member
- Kristin Frydnes Ek
- Board member
- Hege Jarstø
- Board member
- Jenny Bettina Malkenes
- Deputy member
- John Enevold Berthelsen
- Deputy member
- Runar Økland
- Deputy member
- Christine Skogholt Amland
- 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 | 29 | 60 | 48 | |
| Rank | 456 | 158 | 314 | |
| Operating margin | 5.9% | 11.1% | 14.8% | |
| Return on assets | 18.4% | 36.5% | 47.0% | |
| Equity ratio | 17.4% | 31.4% | 14.1% | |
| Current ratio | 0.62 | 1.03 | 0.57 | |
| Revenue growth | – | 26.1% | 15.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4,827.0 MNOK | 6,088.6 MNOK | 7,018.7 MNOK |
| Operating profit | 287.0 MNOK | 673.8 MNOK | 1,040.6 MNOK |
| Profit before tax | 565.3 MNOK | 1,098.0 MNOK | 1,711.8 MNOK |
| Net profit | 468.3 MNOK | 953.1 MNOK | 1,452.2 MNOK |
| Financial expenses | −34.9 MNOK | 39.6 MNOK | 150.5 MNOK |
| Total assets | 2,880.0 MNOK | 3,116.9 MNOK | 3,963.8 MNOK |
| Current assets | 1,437.4 MNOK | 2,173.2 MNOK | 1,950.5 MNOK |
| Equity | 501.5 MNOK | 978.7 MNOK | 557.9 MNOK |
| Retained earnings | −309.0 MNOK | 143.8 MNOK | −277.0 MNOK |
| Total liabilities | 2,378.5 MNOK | 2,138.2 MNOK | 3,406.0 MNOK |
| Current liabilities | 2,305.7 MNOK | 2,110.7 MNOK | 3,406.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6018565.
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