PETORO AS
Score · fiscal year 2023
33of 100
How to read this: the company is ahead of 21 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 428 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 19 and solidity 18 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
PETORO AS is 15 points below 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 −1.8% (median 7.8%) and equity ratio 9.4% (median 33.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 305 MNOK | 231 MNOK |
| Operating margin | −1.8% | 7.8% |
| Profit margin | 2.2% | 8.1% |
| Return on assets | 1.9% | 9.0% |
| Equity ratio | 9.4% | 33.9% |
| Debt-to-equity | 9.67 | 1.59 |
| Current ratio | 2.40 | 1.26 |
| Revenue growth | – | 15.0% |
| Revenue per employee | 3.87 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 33, PETORO AS does better than 21% of medium-sized companies in the same sector (132 companies) in 2023.
Score 2023–2025
- PETORO AS
- Median: medium-sized companies in the same sector
What the numbers say
PETORO AS had an operating margin of −1.8% and an equity ratio of 9.4% in 2023, and ranks 428 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 35 MNOK and 68 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 68 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 35 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
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 9.4% (median 33.9%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −1.8% (median 7.8%).
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 | 19 | weight 30% |
|---|---|---|
| Solidity | 18 | weight 25% |
| Liquidity | 77 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 41 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is PETORO AS?
The operating margin was −1.8% in 2023, against a median of 7.8% among medium-sized companies in the same sector. Return on assets was 1.9%.
How solid is PETORO AS?
The equity ratio was 9.4% in 2023 (median 33.9%). Debt-to-equity was 9.67 (median 1.59).
What is the liquidity of PETORO AS like?
The current ratio was 2.40 in 2023 (median 1.26).
How does PETORO AS compare in Olje og gass?
PETORO AS ranks 428 of 565 in Olje og gass for 2023. Among companies of the same size (medium-sized companies) it ranks 104 of 132.
From the Central Coordinating Register
- Org. no.
- 983382355
- Legal form
- AS
- Sector
- Olje og gass (06.200)
- Size tier
- medium
- Employees
- 79 registered 10 December 2025
- Founded
- 9 May 2001 25 years in operation
- Share capital
- 10.00 MNOK
- Business address
- Øvre Strandgate 124, 4005 STAVANGER
- Municipality
- Stavanger rank 4 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- petoro.no
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
- Kristin Fejerskov Kragseth
- Chair of the board
- Arne Sigve Nylund
- Board member
- Trude Johanne Haugen Fjeldstad
- Board member
- Brian David Bjordal
- Board member
- Anne Marit Harris
- Board member
- Leif Brekke
- Board member
- Marius Weydahl Berg
- Board member
- Turid Anita Knudsen
- Deputy member
- Torbjørn Mæland
- Deputy member
- Arne Rettedal
- Deputy member
- Trude Julie Berg-Hansen
- Deputy member
- Ole Håvard Aambakk
- Auditor
- DELOITTE AS
- Accountant
- AZETS INSIGHT 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 | 33 | 37 | 42 | |
| Rank | 428 | 435 | 376 | |
| Operating margin | −1.8% | −1.9% | −0.9% | |
| Return on assets | 1.9% | 2.3% | 2.7% | |
| Equity ratio | 9.4% | 11.2% | 12.8% | |
| Current ratio | 2.40 | 2.41 | 2.36 | |
| Revenue growth | – | 5.6% | 11.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 305.4 MNOK | 322.4 MNOK | 359.2 MNOK |
| Operating profit | −5.4 MNOK | −6.2 MNOK | −3.3 MNOK |
| Profit before tax | 6.8 MNOK | 8.8 MNOK | 11.7 MNOK |
| Net profit | 6.8 MNOK | 8.8 MNOK | 11.7 MNOK |
| Financial expenses | 0.2 MNOK | 0.2 MNOK | 0.2 MNOK |
| Total assets | 375.2 MNOK | 393.8 MNOK | 434.3 MNOK |
| Current assets | 373.8 MNOK | 393.1 MNOK | 429.2 MNOK |
| Equity | 35.2 MNOK | 43.9 MNOK | 55.6 MNOK |
| Retained earnings | 25.2 MNOK | 33.9 MNOK | 45.6 MNOK |
| Total liabilities | 340.1 MNOK | 349.9 MNOK | 378.7 MNOK |
| Current liabilities | 155.9 MNOK | 162.8 MNOK | 181.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5148301.
Further
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