ODFJELL WELL SERVICES NORWAY AS
Score · fiscal year 2024
31of 100
How to read this: the company is ahead of 14 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 477 of 586 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 46 and solidity 11 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
ODFJELL WELL SERVICES NORWAY AS is 17 points below the median for medium-sized companies in the same sector in 2024.
Median score 48 among 144 companies.
Against medium-sized companies in the same sector in 2024: operating margin 3.7% (median 7.0%) and equity ratio 6.5% (median 40.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 875 MNOK | 246 MNOK |
| Operating margin | 3.7% | 7.0% |
| Profit margin | 3.3% | 9.2% |
| Return on assets | 10.7% | 9.9% |
| Equity ratio | 6.5% | 40.2% |
| Debt-to-equity | 14.36 | 1.32 |
| Current ratio | 1.06 | 1.31 |
| Revenue growth | −4.6% | 15.1% |
| Revenue per employee | 4.83 MNOK | 3.98 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 31, ODFJELL WELL SERVICES NORWAY AS does better than 14% of medium-sized companies in the same sector (144 companies) in 2024.
Score 2023–2025
- ODFJELL WELL SERVICES NORWAY AS
- Median: medium-sized companies in the same sector
What the numbers say
ODFJELL WELL SERVICES NORWAY AS had an operating margin of 3.7% and an equity ratio of 6.5% in 2024, and ranks 477 of 586 in Olje og gass.
No large changes in the key figures from 2023 to 2024.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 21 MNOK and 267 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 219 MNOK |
| EV/EBIT | 8.0 | 267 MNOK |
| P/B | 1.0 | 21 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 6.5% (median 40.2%).
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 | 46 | weight 30% |
|---|---|---|
| Solidity | 11 | weight 25% |
| Liquidity | 34 | weight 15% |
| Growth | 20 | weight 15% |
| Consistency | 46 | weight 15% |
Durability: 32 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ODFJELL WELL SERVICES NORWAY AS?
The operating margin was 3.7% in 2024, against a median of 7.0% among medium-sized companies in the same sector. Return on assets was 10.7%.
How solid is ODFJELL WELL SERVICES NORWAY AS?
The equity ratio was 6.5% in 2024 (median 40.2%). Debt-to-equity was 14.36 (median 1.32).
What is the liquidity of ODFJELL WELL SERVICES NORWAY AS like?
The current ratio was 1.06 in 2024 (median 1.31).
How does ODFJELL WELL SERVICES NORWAY AS compare in Olje og gass?
ODFJELL WELL SERVICES NORWAY AS ranks 477 of 586 in Olje og gass for 2024. Among companies of the same size (medium-sized companies) it ranks 124 of 144. Revenue changed by −4.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 983793347
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.101)
- Size tier
- medium
- Employees
- 181 registered 10 October 2026
- Founded
- 8 June 2001 25 years in operation
- Share capital
- 0.83 MNOK
- Business address
- Hammaren 19, 4056 TANANGER (SOLA)
- Municipality
- Sola rank 2 of 27 in KOSTRA group 9
- 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
- Elisabeth Cecilie Haram
- Chair of the board
- Simen Lieungh
- Board member
- Harald Asle Hereid
- Board member
- Frederik Glenjen
- Board member
- Kurt Werner Holsæter
- Board member
- Randi Øverland
- Board member
- Anne Siri Sævareid
- Board member
- Hilde Grønlien
- Deputy member
- Elisabeth Cecilie Haram
- Deputy member
- Kurt Meinert Fjell
- Deputy member
- Adrian Alexander Lien
- Deputy member
- Geir Frode Nysæter
- Deputy member
- May-Rita Sel
- Auditor
- KPMG 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 | 32 | 31 | 26 | |
| Rank | 433 | 477 | 506 | |
| Operating margin | 4.4% | 3.7% | −0.1% | |
| Return on assets | 15.4% | 10.7% | −2.0% | |
| Equity ratio | 7.4% | 6.5% | 6.2% | |
| Current ratio | 1.06 | 1.06 | 0.93 | |
| Revenue growth | – | −4.6% | 9.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 916.9 MNOK | 875.1 MNOK | 954.3 MNOK |
| Operating profit | 40.1 MNOK | 32.0 MNOK | −1.3 MNOK |
| Profit before tax | 35.1 MNOK | 28.6 MNOK | −8.3 MNOK |
| Net profit | 27.3 MNOK | 21.9 MNOK | −6.6 MNOK |
| Financial expenses | 8.8 MNOK | 6.0 MNOK | – |
| Total assets | 284.3 MNOK | 321.3 MNOK | 404.5 MNOK |
| Current assets | 263.8 MNOK | 302.0 MNOK | 342.9 MNOK |
| Equity | 21.1 MNOK | 20.9 MNOK | 24.9 MNOK |
| Retained earnings | 8.4 MNOK | 8.2 MNOK | 12.3 MNOK |
| Total liabilities | 263.2 MNOK | 300.4 MNOK | 379.6 MNOK |
| Current liabilities | 248.8 MNOK | 286.2 MNOK | 367.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5951277.
Further
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