EXPRO NORWAY AS
Score · fiscal year 2025
21of 100
How to read this: the company is ahead of 3 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 535 of 583 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 20 and solidity 0 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
EXPRO NORWAY AS is 30 points below the median for medium-sized companies in the same sector in 2025.
Median score 51 among 155 companies.
Against medium-sized companies in the same sector in 2025: operating margin −16.1% (median 6.3%) and equity ratio −57.8% (median 43.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 731 MNOK | 241 MNOK |
| Operating margin | −16.1% | 6.3% |
| Profit margin | 5.1% | 6.0% |
| Return on assets | 3.3% | 9.1% |
| Equity ratio | −57.8% | 43.3% |
| Debt-to-equity | – | 1.17 |
| Current ratio | 0.60 | 1.31 |
| Revenue growth | 12.6% | 6.5% |
| Revenue per employee | 2.79 MNOK | 3.98 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 21, EXPRO NORWAY AS does better than 3% of medium-sized companies in the same sector (155 companies) in 2025.
Score 2023–2025
- EXPRO NORWAY AS
- Median: medium-sized companies in the same sector
EXPRO NORWAY AS has a score of 21 for 2025, rank 535 of 583 in the sector.
Strongest: Growth: percentile 59 against peers, revenue growth 12.6% against a median of 6.5%.
Weakest: Solidity: percentile 0 against peers, equity ratio −57.8% against a median of 43.3%. Liquidity: percentile 15 against peers, current ratio 0.60 against a median of 1.31.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −57.8% (median 43.3%).
- Consider strengthening liquidity: current liabilities are 1.7 times current assets. Based on: current ratio 0.60 (median 1.31).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −16.1% (median 6.3%).
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
EXPRO NORWAY AS had an operating margin of −16.1% and an equity ratio of −57.8% in 2025, and ranks 535 of 583 in Olje og gass.
From 2024 to 2025: went from a loss to a profit before tax and the equity ratio fell from −26.5% to −57.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 376 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 376 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 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
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 −57.8% (median 43.3%).
- watch
Consider strengthening liquidity: current liabilities are 1.7 times current assets.
Based on: Current ratio 0.60 (median 1.31).
- 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 −16.1% (median 6.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- critical Negative equity
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 | 20 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 15 | weight 15% |
| Growth | 59 | weight 15% |
| Consistency | 26 | weight 15% |
Durability: 21 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is EXPRO NORWAY AS?
The operating margin was −16.1% in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was 3.3%.
How solid is EXPRO NORWAY AS?
The equity ratio was −57.8% in 2025 (median 43.3%). Equity is negative, so liabilities exceed assets.
What is the liquidity of EXPRO NORWAY AS like?
The current ratio was 0.60 in 2025 (median 1.31). Current assets did not cover current liabilities.
How does EXPRO NORWAY AS compare in Olje og gass?
EXPRO NORWAY AS ranks 535 of 583 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 151 of 155. Revenue changed by 12.6% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 991954023
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.101)
- Size tier
- medium
- Employees
- 262 registered 10 September 2026
- Founded
- 2 October 2007 19 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Energivegen 12A, 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
- Steinar Riise
- Chair of the board
- Lewis John Woodburn Mcalister
- Board member
- Steinar Riise
- Auditor
- DELOITTE 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 | 29 | 13 | 21 | |
| Rank | 464 | 557 | 535 | |
| Operating margin | 100.0% | −19.2% | −16.1% | |
| Return on assets | 1.7% | −1.0% | 3.3% | |
| Equity ratio | −74.7% | −26.5% | −57.8% | |
| Current ratio | 0.13 | 0.78 | 0.60 | |
| Revenue growth | – | – | 12.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.9 MUSD | 648.6 MNOK | 730.6 MNOK |
| Operating profit | 0.9 MUSD | −124.4 MNOK | −117.9 MNOK |
| Profit before tax | −51.2 MUSD | −212.0 MNOK | 37.1 MNOK |
| Net profit | −51.2 MUSD | −208.5 MNOK | 37.6 MNOK |
| Financial expenses | 52.0 MUSD | 152.1 MNOK | 50.9 MNOK |
| Total assets | 54.1 MUSD | 5,984.6 MNOK | 2,682.3 MNOK |
| Current assets | 7.1 MUSD | 5,866.4 MNOK | 2,543.4 MNOK |
| Equity | −40.4 MUSD | −1,588.2 MNOK | −1,549.5 MNOK |
| Retained earnings | −377.6 MUSD | −4,308.1 MNOK | −4,269.4 MNOK |
| Total liabilities | 94.6 MUSD | 7,572.8 MNOK | 4,231.7 MNOK |
| Current liabilities | 53.9 MUSD | 7,483.5 MNOK | 4,231.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7141033.
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