DOF SUBSEA CHARTERING AS
Score · fiscal year 2024
29of 100
How to read this: the company is ahead of 11 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 499 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 45 and solidity 14 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
DOF SUBSEA CHARTERING AS is 17 points below the median for medium-sized companies in the same sector in 2024.
Median score 46 among 167 companies.
Against medium-sized companies in the same sector in 2024: operating margin 4.4% (median 6.2%) and equity ratio 7.9% (median 36.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 607 MNOK | 262 MNOK |
| Operating margin | 4.4% | 6.2% |
| Profit margin | −3.0% | 8.3% |
| Return on assets | 7.4% | 9.2% |
| Equity ratio | 7.9% | 36.8% |
| Debt-to-equity | 11.63 | 1.32 |
| Current ratio | 0.70 | 1.27 |
| Revenue growth | – | 14.0% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 29, DOF SUBSEA CHARTERING AS does better than 11% of medium-sized companies in the same sector (167 companies) in 2024.
Score 2023–2025
- DOF SUBSEA CHARTERING AS
- Median: medium-sized companies in the same sector
What the numbers say
DOF SUBSEA CHARTERING AS had an operating margin of 4.4% and an equity ratio of 7.9% in 2024, and ranks 499 of 586 in Olje og gass.
From 2023 to 2024: went from a profit to a loss before tax and the operating margin fell from 9.1% to 4.4%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 13 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 13 MUSD |
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 7.9% (median 36.8%).
- watch
Consider strengthening liquidity: current liabilities are 1.4 times current assets.
Based on: Current ratio 0.70 (median 1.27).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −3.0% (median 8.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Reports in a currency other than NOK
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 | 45 | weight 30% |
|---|---|---|
| Solidity | 14 | weight 25% |
| Liquidity | 16 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 33 | weight 15% |
Durability: 33 (average over 2 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is DOF SUBSEA CHARTERING AS?
The operating margin was 4.4% in 2024, against a median of 6.2% among medium-sized companies in the same sector. Return on assets was 7.4%. The company made a loss before tax.
How solid is DOF SUBSEA CHARTERING AS?
The equity ratio was 7.9% in 2024 (median 36.8%). Debt-to-equity was 11.63 (median 1.32).
What is the liquidity of DOF SUBSEA CHARTERING AS like?
The current ratio was 0.70 in 2024 (median 1.27). Current assets did not cover current liabilities.
How does DOF SUBSEA CHARTERING AS compare in Olje og gass?
DOF SUBSEA CHARTERING AS ranks 499 of 586 in Olje og gass for 2024. Among companies of the same size (medium-sized companies) it ranks 149 of 167.
From the Central Coordinating Register
- Org. no.
- 995962349
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 15 September 2010 16 years in operation
- Share capital
- 0.30 MNOK
- Business address
- Thormøhlens gate 53C, 5006 BERGEN
- Municipality
- Bergen rank 9 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
- Chair of the board
- Mons Svendal Aase
- Board member
- Marianne Møgster
- Board member
- Martin Lundberg
- Auditor
- PRICEWATERHOUSECOOPERS 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 | 38 | 29 | 51 | |
| Rank | 390 | 499 | 264 | |
| Operating margin | 9.1% | 4.4% | 7.7% | |
| Return on assets | 9.6% | 7.4% | 13.5% | |
| Equity ratio | 8.1% | 7.9% | 13.2% | |
| Current ratio | 1.12 | 0.70 | 1.11 | |
| Revenue growth | – | – | 110.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2024–31 December 2024: 10.7433 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 427.4 MNOK | 56.5 MUSD | 118.6 MUSD |
| Operating profit | 39.0 MNOK | 2.5 MUSD | 9.2 MUSD |
| Profit before tax | 45.5 MNOK | −1.7 MUSD | 6.1 MUSD |
| Net profit | 54.1 MNOK | −1.1 MUSD | 4.6 MUSD |
| Financial expenses | 126.9 MNOK | 13.9 MUSD | 11.3 MUSD |
| Total assets | 1,786.9 MNOK | 165.6 MUSD | 128.7 MUSD |
| Current assets | 452.6 MNOK | 43.8 MUSD | 63.1 MUSD |
| Equity | 144.9 MNOK | 13.1 MUSD | 17.0 MUSD |
| Retained earnings | – | 0.2 MUSD | 4.6 MUSD |
| Total liabilities | 1,642.0 MNOK | 152.5 MUSD | 111.7 MUSD |
| Current liabilities | 402.3 MNOK | 62.3 MUSD | 56.7 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6038795.
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