DNO YEMEN AS

Org. no. 984308736 · OSLO · Founded 2002

Score · fiscal year 2024

7of 100

How to read this: the company is ahead of 3 % of companies in the same sector in 2024. What does this mean?

Rank: 568 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 1 and solidity 0 out of 100 among companies in the same sector in 2024. Methodology

Against the sector

DNO YEMEN AS is 41 points below the median for companies in the same sector in 2024.

Median score 48 among 586 companies. The size tier was too small, so the company is compared with the whole sector.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating margin – 5.1% not compared
Profit margin – 9.8% shown, not part of the index
Return on assets −3,849.1% 4.2% 1 %
Equity ratio −16,977.2% 34.8% 1 %
Debt-to-equity – 1.15 not compared
Current ratio 0.01 1.01 3 %
Revenue growth – −0.1% not compared

The median and “ahead of” refer to companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 7, DNO YEMEN AS does better than 3% of companies in the same sector (587 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • DNO YEMEN AS
  • Median: companies in the same sector
Analysis · 2024

What the numbers say

DNO YEMEN AS had an operating margin of – and an equity ratio of −16,977.2% in 2024, and ranks 568 of 586 in Olje og gass.

From 2023 to 2024: the equity ratio rose from −142,002.0% to −16,977.2%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −2.2 MUSD 10.0 not meaningful
EV/EBIT Operating profit: −2.2 MUSD 8.0 not meaningful
P/B Equity: −9.7 MUSD 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

Indications · 2024

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 −16,977.2% (median 34.8%).

  • critical

    Consider strengthening liquidity: current liabilities are 132.5 times current assets.

    Based on: Current ratio 0.01 (median 1.01).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin – (median 9.8%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

  • watch Revenue not reported
  • critical Negative equity
  • watch Reports in a currency other than NOK
Stress test · 2022

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

Components · 2024

What the score is made of

Profitability1 weight 30%
Solidity0 weight 25%
Liquidity3 weight 15%
Growth– no data, left out
Consistency38 weight 15%

Durability: 4 (average over 2 years)

Index version 2. Data completeness 85%: the share of the weights that had data.

2024

Questions and answers

How profitable is DNO YEMEN AS?

The operating margin was – in 2024, against a median of 5.1% among companies in the same sector. Return on assets was −3,849.1%. The company made a loss before tax.

How solid is DNO YEMEN AS?

The equity ratio was −16,977.2% in 2024 (median 34.8%). Equity is negative, so liabilities exceed assets.

What is the liquidity of DNO YEMEN AS like?

The current ratio was 0.01 in 2024 (median 1.01). Current assets did not cover current liabilities.

How does DNO YEMEN AS compare in Olje og gass?

DNO YEMEN AS ranks 568 of 586 in Olje og gass for 2024.

From the Central Coordinating Register

Org. no.
984308736
Legal form
AS · part of a group
Sector
Olje og gass (06.100)
Employees
0–4 (not registered)
Founded
5 March 2002 24 years in operation
Share capital
0.10 MNOK
Business address
Dokkveien 1, 0250 OSLO
Municipality
Oslo rank 211 of 357 nationally
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
Christopher Thomas Hyde Spencer
Chair of the board
Geir Arne Skau
Board member
Peter Mikael Sahlström
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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index1761
Rank563568149
Operating margin––95.0%
Return on assets−16,786.0%−3,849.1%120.9%
Equity ratio−142,002.0%−16,977.2%63.7%
Current ratio0.010.010.02
Revenue growth–––

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (USD).

Key figure202320242025
Operating revenue––18.7 MUSD
Operating profit−8.4 MUSD−2.2 MUSD17.8 MUSD
Profit before tax−8.4 MUSD−2.2 MUSD20.5 MUSD
Net profit−8.4 MUSD−2.2 MUSD20.5 MUSD
Financial expenses0.0 MUSD0.0 MUSD0.0 MUSD
Total assets0.1 MUSD0.1 MUSD17.0 MUSD
Current assets0.1 MUSD0.1 MUSD0.1 MUSD
Equity−71.0 MUSD−9.7 MUSD10.8 MUSD
Retained earnings−116.5 MUSD−82.7 MUSD−62.2 MUSD
Total liabilities71.1 MUSD9.7 MUSD6.1 MUSD
Current liabilities7.5 MUSD7.5 MUSD6.1 MUSD

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6206631.