ORLEN UPSTREAM NORWAY AS
Score · fiscal year 2024
59of 100
How to read this: the company is ahead of 71 % of large companies in the same sector in 2024. What does this mean?
Rank: 164 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 74 and solidity 55 out of 100 among large companies in the same sector in 2024. Methodology
Against the sector
ORLEN UPSTREAM NORWAY AS is 10 points above the median for large companies in the same sector in 2024.
Median score 49 among 73 companies.
Against large companies in the same sector in 2024: operating margin 48.6% (median 9.5%) and equity ratio 26.9% (median 24.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 31,325 MNOK | 2,721 MNOK |
| Operating margin | 48.6% | 9.5% |
| Profit margin | 48.9% | 10.4% |
| Return on assets | 30.2% | 16.7% |
| Equity ratio | 26.9% | 24.7% |
| Debt-to-equity | 2.71 | 2.92 |
| Current ratio | 0.71 | 1.16 |
| Revenue growth | 41.5% | 7.3% |
| Revenue per employee | 284.77 MNOK | 4.73 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 59, ORLEN UPSTREAM NORWAY AS does better than 71% of large companies in the same sector (73 companies) in 2024.
Score 2023–2025
- ORLEN UPSTREAM NORWAY AS
- Median: large companies in the same sector
What the numbers say
ORLEN UPSTREAM NORWAY AS had an operating margin of 48.6% and an equity ratio of 26.9% in 2024, and ranks 164 of 586 in Olje og gass.
From 2023 to 2024: revenue grew by 41% and the operating margin fell from 53.2% to 48.6%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 14,523 MNOK and 95,973 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 37,730 MNOK |
| EV/EBIT | 8.0 | 95,973 MNOK |
| P/B | 1.0 | 14,523 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
Consider strengthening liquidity: current liabilities are 1.4 times current assets.
Based on: Current ratio 0.71 (median 1.16).
- 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 41.5% (median 7.3%); Current ratio 0.71 (median 1.16).
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 | 74 | weight 30% |
|---|---|---|
| Solidity | 55 | weight 25% |
| Liquidity | 4 | weight 15% |
| Growth | 81 | weight 15% |
| Consistency | 68 | weight 15% |
Durability: 55 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ORLEN UPSTREAM NORWAY AS?
The operating margin was 48.6% in 2024, against a median of 9.5% among large companies in the same sector. Return on assets was 30.2%.
How solid is ORLEN UPSTREAM NORWAY AS?
The equity ratio was 26.9% in 2024 (median 24.7%). Debt-to-equity was 2.71 (median 2.92).
What is the liquidity of ORLEN UPSTREAM NORWAY AS like?
The current ratio was 0.71 in 2024 (median 1.16). Current assets did not cover current liabilities.
How does ORLEN UPSTREAM NORWAY AS compare in Olje og gass?
ORLEN UPSTREAM NORWAY AS ranks 164 of 586 in Olje og gass for 2024. Among companies of the same size (large companies) it ranks 22 of 73. Revenue changed by 41.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 991317155
- Legal form
- AS
- Sector
- Olje og gass (06.200)
- Size tier
- large
- Employees
- 110 registered 10 September 2026
- Founded
- 24 May 2007 19 years in operation
- Share capital
- 1,115.00 MNOK
- Business address
- Moseidsletta 122, 4033 STAVANGER (SOLA)
- Municipality
- Sola rank 2 of 27 in KOSTRA group 9
- Latest accounts filed
- 2025
- Website
- www.orlen.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
- Chair of the board
- Wieslaw Prugar
- Board member
- Miroslaw Piotr Ankiewicz
- Board member
- Aleksandra Dobosiewicz
- Auditor
- KPMG AS
- Accountant
- ERNST & YOUNG COMPLIANCE SERVICES 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 | 51 | 59 | 53 | |
| Rank | 259 | 164 | 243 | |
| Operating margin | 53.2% | 48.6% | 44.0% | |
| Return on assets | 28.9% | 30.2% | 21.9% | |
| Equity ratio | 24.1% | 26.9% | 28.0% | |
| Current ratio | 0.58 | 0.71 | 0.99 | |
| Revenue growth | – | 41.5% | −9.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 22,140.0 MNOK | 31,325.0 MNOK | 28,457.0 MNOK |
| Operating profit | 11,772.0 MNOK | 15,235.0 MNOK | 12,519.0 MNOK |
| Profit before tax | 12,512.0 MNOK | 15,326.0 MNOK | 12,037.0 MNOK |
| Net profit | 3,054.0 MNOK | 3,773.0 MNOK | 2,458.0 MNOK |
| Financial expenses | 958.0 MNOK | 980.0 MNOK | 848.0 MNOK |
| Total assets | 46,605.0 MNOK | 53,928.0 MNOK | 58,893.0 MNOK |
| Current assets | 8,366.0 MNOK | 8,744.0 MNOK | 7,727.0 MNOK |
| Equity | 11,229.0 MNOK | 14,523.0 MNOK | 16,481.0 MNOK |
| Retained earnings | 8,337.0 MNOK | 11,631.0 MNOK | 13,589.0 MNOK |
| Total liabilities | 35,376.0 MNOK | 39,405.0 MNOK | 42,412.0 MNOK |
| Current liabilities | 14,363.0 MNOK | 12,243.0 MNOK | 7,837.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5964227.
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