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ENHANCED DRILLING HOLDING AS

Org. no. 992821191 · ØYGARDEN · Founded 2008

Score · fiscal year 2023

52of 100

How to read this: the company is ahead of 56 % of large companies in the same sector in 2023. What does this mean?

Rank: 252 of 565 · Olje og gass

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 19 and solidity 77 out of 100 among large companies in the same sector in 2023. Methodology

Against the sector

ENHANCED DRILLING HOLDING AS is 2 points above the median for large companies in the same sector in 2023.

Median score 50 among 71 companies.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue0 MNOK2,393 MNOK
Operating margin – 9.9% not compared
Profit margin – 11.2% shown, not part of the index
Return on assets 2.4% 14.5% 19 %
Equity ratio 63.2% 30.5% 77 %
Debt-to-equity 0.58 2.19 76 %
Current ratio – 1.10 not compared
Revenue growth – 12.6% not compared

The median and “ahead of” refer to large companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 52, ENHANCED DRILLING HOLDING AS does better than 56% of large companies in the same sector (71 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ENHANCED DRILLING HOLDING AS
  • Median: large companies in the same sector
Analysis · 2023

What the numbers say

ENHANCED DRILLING HOLDING AS had an operating margin of – and an equity ratio of 63.2% in 2023, and ranks 252 of 565 in Olje og gass.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 799 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −15.4 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.3 MNOK 8.0 not meaningful
P/B Equity: 799.0 MNOK 1.0 799 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

Indications · 2023

Worth a closer look

  • watch

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

    Based on: Profit margin – (median 11.2%).

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

Data quality

  • watch No revenue but large assets
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 · 2023

What the score is made of

Profitability19 weight 30%
Solidity77 weight 25%
Liquidity– no data, left out
Growth– no data, left out
Consistency76 weight 15%

Index version 2. Data completeness 70%: the share of the weights that had data.

2023

Questions and answers

How profitable is ENHANCED DRILLING HOLDING AS?

The operating margin was – in 2023, against a median of 9.9% among large companies in the same sector. Return on assets was 2.4%. The company made a loss before tax.

How solid is ENHANCED DRILLING HOLDING AS?

The equity ratio was 63.2% in 2023 (median 30.5%). Debt-to-equity was 0.58 (median 2.19).

How does ENHANCED DRILLING HOLDING AS compare in Olje og gass?

ENHANCED DRILLING HOLDING AS ranks 252 of 565 in Olje og gass for 2023. Among companies of the same size (large companies) it ranks 32 of 71.

From the Central Coordinating Register

Org. no.
992821191
Legal form
AS
Sector
Olje og gass (09.101)
Size tier
large
Employees
0–4 (not registered)
Founded
18 June 2008 18 years in operation
Share capital
15.06 MNOK
Business address
Smålonane 16, 5353 STRAUME (ØYGARDEN)
Municipality
Øygarden rank 2 of 13 in KOSTRA group 10
Latest accounts filed
2025
Website
www.enhanced-drilling.com

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
Kjetil Lunde
Chair of the board
Lewis John Woodburn Mcalister
Board member
Iain David Farley
Board member
Kjetil Lunde
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
Index524840
Rank252296387
Operating margin–––
Return on assets2.4%2.7%2.1%
Equity ratio63.2%59.9%59.5%
Current ratio–1.760.60
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue0.0 MNOK–0.0 MNOK
Operating profit−0.3 MNOK−0.4 MNOK−1.2 MNOK
Profit before tax−16.9 MNOK−20.1 MNOK−26.8 MNOK
Net profit−15.4 MNOK−20.1 MNOK−2.4 MNOK
Financial expenses47.1 MNOK54.7 MNOK53.6 MNOK
Total assets1,264.3 MNOK1,300.8 MNOK1,305.1 MNOK
Current assets6.9 MNOK0.5 MNOK0.5 MNOK
Equity799.0 MNOK778.8 MNOK776.4 MNOK
Retained earnings290.2 MNOK270.1 MNOK267.7 MNOK
Total liabilities465.3 MNOK522.0 MNOK528.7 MNOK
Current liabilities0.0 MNOK0.3 MNOK0.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5376539.

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