ISLAND DRILLING MANAGEMENT AS
Score · fiscal year 2024
38of 100
How to read this: the company is ahead of 29 % of small companies in the same sector in 2024. What does this mean?
Rank: 424 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 25 and solidity 40 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
ISLAND DRILLING MANAGEMENT AS is 12 points below the median for small companies in the same sector in 2024.
Median score 50 among 310 companies.
Against small companies in the same sector in 2024: operating margin −7.2% (median 4.6%) and equity ratio 46.5% (median 52.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 59 MNOK | 3 MNOK |
| Operating margin | −7.2% | 4.6% |
| Profit margin | −7.5% | 10.2% |
| Return on assets | −11.5% | 3.7% |
| Equity ratio | 46.5% | 52.2% |
| Debt-to-equity | 1.15 | 0.42 |
| Current ratio | 1.87 | 1.76 |
| Revenue growth | −53.0% | 3.9% |
| Revenue per employee | 2.26 MNOK | 2.20 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 38, ISLAND DRILLING MANAGEMENT AS does better than 29% of small companies in the same sector (311 companies) in 2024.
Score 2023–2025
- ISLAND DRILLING MANAGEMENT AS
- Median: small companies in the same sector
What the numbers say
ISLAND DRILLING MANAGEMENT AS had an operating margin of −7.2% and an equity ratio of 46.5% in 2024, and ranks 424 of 586 in Olje og gass.
From 2023 to 2024: the operating margin fell from 17.2% to −7.2% and went from a profit to a loss before tax.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 18 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 18 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −7.5% (median 10.2%).
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 | 25 | weight 30% |
|---|---|---|
| Solidity | 40 | weight 25% |
| Liquidity | 52 | weight 15% |
| Growth | 15 | weight 15% |
| Consistency | 67 | weight 15% |
Durability: 51 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ISLAND DRILLING MANAGEMENT AS?
The operating margin was −7.2% in 2024, against a median of 4.6% among small companies in the same sector. Return on assets was −11.5%. The company made a loss before tax.
How solid is ISLAND DRILLING MANAGEMENT AS?
The equity ratio was 46.5% in 2024 (median 52.2%). Debt-to-equity was 1.15 (median 0.42).
What is the liquidity of ISLAND DRILLING MANAGEMENT AS like?
The current ratio was 1.87 in 2024 (median 1.76).
How does ISLAND DRILLING MANAGEMENT AS compare in Olje og gass?
ISLAND DRILLING MANAGEMENT AS ranks 424 of 586 in Olje og gass for 2024. Among companies of the same size (small companies) it ranks 221 of 311. Revenue changed by −53.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 992448636
- Legal form
- AS
- Sector
- Olje og gass (09.101)
- Size tier
- small
- Employees
- 26 registered 10 September 2026
- Founded
- 10 January 2008 18 years in operation
- Share capital
- 0.07 MNOK
- Business address
- Sandslimarka 61, 5254 SANDSLI (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
- Chief executive
- Roger Simmenes
- Chair of the board
- Morten Ulstein
- Board member
- Trond Mohn
- Board member
- Gary J Chouest
- Auditor
- ERNST & YOUNG AS
- Accountant
- HASUND 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 | 64 | 38 | 47 | |
| Rank | 129 | 424 | 321 | |
| Operating margin | 17.2% | −7.2% | 1.6% | |
| Return on assets | 27.7% | −11.5% | 2.3% | |
| Equity ratio | 28.4% | 46.5% | 46.7% | |
| Current ratio | 1.40 | 1.87 | 1.88 | |
| Revenue growth | – | −53.0% | −15.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 125.1 MNOK | 58.8 MNOK | 49.9 MNOK |
| Operating profit | 21.5 MNOK | −4.2 MNOK | 0.8 MNOK |
| Profit before tax | 21.5 MNOK | −4.4 MNOK | 0.9 MNOK |
| Net profit | 16.7 MNOK | −4.4 MNOK | 0.9 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 77.9 MNOK | 38.2 MNOK | 40.0 MNOK |
| Current assets | 77.9 MNOK | 38.2 MNOK | 40.0 MNOK |
| Equity | 22.1 MNOK | 17.7 MNOK | 18.7 MNOK |
| Retained earnings | 22.1 MNOK | 17.7 MNOK | 18.6 MNOK |
| Total liabilities | 55.8 MNOK | 20.4 MNOK | 21.3 MNOK |
| Current liabilities | 55.8 MNOK | 20.4 MNOK | 21.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6108781.
Further
Similar companies
- HAVILA HARMONY AS index 38, rank 419
- IK GROUP AS index 38, rank 425
- ABILITY HOLDING AS index 37, rank 427
- NORTHERN OCEAN WAVE AS index 37, rank 429
- SUB AQUA TECHNOLOGY SAT AS index 37, rank 434