ISLAND OFFSHORE CREWING AS
Score · fiscal year 2025
33of 100
How to read this: the company is ahead of 18 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 461 of 584 · 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 22 and solidity 15 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
ISLAND OFFSHORE CREWING AS is 18 points below the median for medium-sized companies in the same sector in 2025.
Median score 51 among 132 companies.
Against medium-sized companies in the same sector in 2025: operating margin −0.1% (median 6.3%) and equity ratio 7.6% (median 43.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 297 MNOK | 229 MNOK |
| Operating margin | −0.1% | 6.3% |
| Profit margin | 0.1% | 6.0% |
| Return on assets | 0.8% | 9.3% |
| Equity ratio | 7.6% | 43.2% |
| Debt-to-equity | 12.09 | 1.17 |
| Current ratio | 1.08 | 1.32 |
| Revenue growth | 3.7% | 4.8% |
| Revenue per employee | 1.65 MNOK | 3.89 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 33, ISLAND OFFSHORE CREWING AS does better than 18% of medium-sized companies in the same sector (132 companies) in 2025.
Score 2023–2025
- ISLAND OFFSHORE CREWING AS
- Median: medium-sized companies in the same sector
What the numbers say
ISLAND OFFSHORE CREWING AS had an operating margin of −0.1% and an equity ratio of 7.6% in 2025, and ranks 461 of 584 in Olje og gass.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 3 MNOK and 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 3 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 4 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 equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 7.6% (median 43.2%).
- 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 −0.1% (median 6.3%).
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 | 22 | weight 30% |
|---|---|---|
| Solidity | 15 | weight 25% |
| Liquidity | 39 | weight 15% |
| Growth | 47 | weight 15% |
| Consistency | 63 | weight 15% |
Durability: 29 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ISLAND OFFSHORE CREWING AS?
The operating margin was −0.1% in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was 0.8%.
How solid is ISLAND OFFSHORE CREWING AS?
The equity ratio was 7.6% in 2025 (median 43.2%). Debt-to-equity was 12.09 (median 1.17).
What is the liquidity of ISLAND OFFSHORE CREWING AS like?
The current ratio was 1.08 in 2025 (median 1.32).
How does ISLAND OFFSHORE CREWING AS compare in Olje og gass?
ISLAND OFFSHORE CREWING AS ranks 461 of 584 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 109 of 132. Revenue changed by 3.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 995955881
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 180 registered 10 September 2026
- Founded
- 1 September 2010 16 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Stålhaugen 12, 6065 ULSTEINVIK
- Municipality
- Ulstein rank 7 of 40 in KOSTRA group 1
- Latest accounts filed
- 2025
- Website
- www.islandoffshore.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
- Guri Lillebø Sætre
- Chair of the board
- Håvard Ulstein
- Board member
- Tommy Walaunet
- 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 | 24 | 30 | 33 | |
| Rank | 492 | 493 | 461 | |
| Operating margin | −0.1% | −0.1% | −0.1% | |
| Return on assets | 0.3% | 0.6% | 0.8% | |
| Equity ratio | 7.6% | 5.2% | 7.6% | |
| Current ratio | 1.08 | 1.06 | 1.08 | |
| Revenue growth | – | 18.7% | 3.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 241.0 MNOK | 286.0 MNOK | 296.7 MNOK |
| Operating profit | −0.3 MNOK | −0.2 MNOK | −0.2 MNOK |
| Profit before tax | 0.1 MNOK | 0.4 MNOK | 0.4 MNOK |
| Net profit | 0.1 MNOK | 0.3 MNOK | 0.3 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 42.4 MNOK | 61.7 MNOK | 46.0 MNOK |
| Current assets | 42.4 MNOK | 61.7 MNOK | 46.0 MNOK |
| Equity | 3.2 MNOK | 3.2 MNOK | 3.5 MNOK |
| Retained earnings | 3.1 MNOK | 3.1 MNOK | 3.4 MNOK |
| Total liabilities | 39.1 MNOK | 58.5 MNOK | 42.5 MNOK |
| Current liabilities | 39.1 MNOK | 58.5 MNOK | 42.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6921524.
Further
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