H&P DRILLING OFFSHORE SERVICES AS

Org. no. 990397082 · BERGEN · Founded 2006

Score · fiscal year 2025

31of 100

How to read this: the company is ahead of 18 % of companies in the same sector in 2025. What does this mean?

Rank: 478 of 584 · Olje og gass

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 56 and solidity 0 out of 100 among companies in the same sector in 2025. Methodology

Against the sector

H&P DRILLING OFFSHORE SERVICES AS is 18 points below the median for companies in the same sector in 2025.

Median score 49 among 584 companies. The size tier was too small, so the company is compared with the whole sector.

Against companies in the same sector in 2025: operating margin 9.7% (median 9.7%) and equity ratio −150.1% (median 41.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating margin 9.7% 9.7% 57 %
Profit margin 10.8% 13.1% shown, not part of the index
Return on assets 8.3% 6.5% 55 %
Equity ratio −150.1% 41.1% 6 %
Debt-to-equity – 1.33 not compared
Current ratio 0.40 1.11 11 %
Revenue growth −35.4% 4.7% 15 %

The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 31, H&P DRILLING OFFSHORE SERVICES AS does better than 18% of companies in the same sector (589 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • H&P DRILLING OFFSHORE SERVICES AS
  • Median: companies in the same sector
Analysis · 2025

What the numbers say

H&P DRILLING OFFSHORE SERVICES AS had an operating margin of 9.7% and an equity ratio of −150.1% in 2025, and ranks 478 of 584 in Olje og gass.

From 2024 to 2025: the equity ratio rose from −207.4% to −150.1% and revenue fell by 35%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 36 MUSD and 93 MUSD.

MethodInputMultipleEstimate
P/E Net profit: 9.3 MUSD 10.0 93 MUSD
EV/EBIT Operating profit: 4.5 MUSD
minus net debt −0.2 MUSD
8.0 36 MUSD
P/B Equity: −89.0 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 · 2025

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 −150.1% (median 41.1%).

  • critical

    Consider strengthening liquidity: current liabilities are 2.5 times current assets.

    Based on: Current ratio 0.40 (median 1.11).

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

Data quality

  • critical Negative equity
  • watch Reports in a currency other than NOK
  • watch No exchange rate: amounts are left out of comparisons
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 · 2025

What the score is made of

Profitability56 weight 30%
Solidity0 weight 25%
Liquidity11 weight 15%
Growth15 weight 15%
Consistency69 weight 15%

Durability: 33 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is H&P DRILLING OFFSHORE SERVICES AS?

The operating margin was 9.7% in 2025, against a median of 9.7% among companies in the same sector. Return on assets was 8.3%.

How solid is H&P DRILLING OFFSHORE SERVICES AS?

The equity ratio was −150.1% in 2025 (median 41.1%). Equity is negative, so liabilities exceed assets.

What is the liquidity of H&P DRILLING OFFSHORE SERVICES AS like?

The current ratio was 0.40 in 2025 (median 1.11). Current assets did not cover current liabilities.

How does H&P DRILLING OFFSHORE SERVICES AS compare in Olje og gass?

H&P DRILLING OFFSHORE SERVICES AS ranks 478 of 584 in Olje og gass for 2025. Revenue changed by −35.4% from the year before.

From the Central Coordinating Register

Org. no.
990397082
Legal form
AS
Sector
Olje og gass (09.101)
Employees
0–4 (not registered)
Founded
3 October 2006 20 years in operation
Share capital
0.10 MNOK
Business address
Espehaugen 37, 5258 BLOMSTERDALEN (BERGEN)
Municipality
Bergen rank 8 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
Ole Fredrik Maier
Board member
Frances Kimberley Anne Willis
Board member
Knut Even Lodden
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
Index264231
Rank475377478
Operating margin11.3%12.4%9.7%
Return on assets16.3%18.0%8.3%
Equity ratio−264.6%−207.4%−150.1%
Current ratio0.270.330.40
Revenue growth–24.0%−35.4%

Accounts

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

Key figure202320242025
Operating revenue57.2 MUSD70.9 MUSD45.8 MUSD
Operating profit6.4 MUSD8.8 MUSD4.5 MUSD
Profit before tax6.7 MUSD8.7 MUSD4.9 MUSD
Net profit6.7 MUSD8.8 MUSD9.3 MUSD
Financial expenses0.0 MUSD0.1 MUSD0.0 MUSD
Total assets41.3 MUSD48.8 MUSD59.3 MUSD
Current assets41.3 MUSD48.8 MUSD59.3 MUSD
Equity−109.3 MUSD−101.2 MUSD−89.0 MUSD
Retained earnings−109.4 MUSD−100.6 MUSD−91.3 MUSD
Total liabilities150.6 MUSD150.1 MUSD148.2 MUSD
Current liabilities150.6 MUSD150.1 MUSD148.2 MUSD

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7189959.