Language:NO / EN

SAIPEM DRILLING NORWAY AS

Org. no. 998277418 · SOLA · Founded 2012 · 238 employees

Score · fiscal year 2023

21of 100

How to read this: the company is ahead of 6 % of large companies in the same sector in 2023. What does this mean?

Rank: 501 of 565 · Olje og gass

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 49 and solidity 11 out of 100 among large companies in the same sector in 2023. Methodology

Against the sector

SAIPEM DRILLING NORWAY AS is 29 points below the median for large companies in the same sector in 2023.

Median score 50 among 88 companies.

Against large companies in the same sector in 2023: operating margin 19.5% (median 14.7%) and equity ratio 5.1% (median 30.9%).

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 revenue1,847 MNOK2,591 MNOK
Operating margin 19.5% 14.7% 58 %
Profit margin 8.9% 14.1% shown, not part of the index
Return on assets 11.1% 14.5% 40 %
Equity ratio 5.1% 30.9% 13 %
Debt-to-equity 18.72 2.12 8 %
Current ratio 0.10 1.08 2 %
Revenue growth – 12.6% not compared
Revenue per employee7.76 MNOK4.15 MNOK

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 21, SAIPEM DRILLING NORWAY AS does better than 6% of large companies in the same sector (88 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SAIPEM DRILLING NORWAY AS
  • Median: large companies in the same sector
Analysis · 2023

What the numbers say

SAIPEM DRILLING NORWAY AS had an operating margin of 19.5% and an equity ratio of 5.1% in 2023, and ranks 501 of 565 in Olje og gass.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 27 MEUR and 254 MEUR.

MethodInputMultipleEstimate
P/E Net profit: 14.8 MEUR 10.0 148 MEUR
EV/EBIT Operating profit: 31.6 MEUR
minus net debt −1.9 MEUR		 8.0 254 MEUR
P/B Equity: 27.1 MEUR 1.0 27 MEUR

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

  • critical

    Consider strengthening liquidity: current liabilities are 9.9 times current assets.

    Based on: Current ratio 0.10 (median 1.08).

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 5.1% (median 30.9%).

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

Financial costs were 8.8% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

  • watch Reports in a currency other than NOK
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

Profitability49 weight 30%
Solidity11 weight 25%
Liquidity2 weight 15%
Growth– no data, left out
Consistency4 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is SAIPEM DRILLING NORWAY AS?

The operating margin was 19.5% in 2023, against a median of 14.7% among large companies in the same sector. Return on assets was 11.1%.

How solid is SAIPEM DRILLING NORWAY AS?

The equity ratio was 5.1% in 2023 (median 30.9%). Debt-to-equity was 18.72 (median 2.12).

What is the liquidity of SAIPEM DRILLING NORWAY AS like?

The current ratio was 0.10 in 2023 (median 1.08). Current assets did not cover current liabilities.

How does SAIPEM DRILLING NORWAY AS compare in Olje og gass?

SAIPEM DRILLING NORWAY AS ranks 501 of 565 in Olje og gass for 2023. Among companies of the same size (large companies) it ranks 83 of 88.

From the Central Coordinating Register

Org. no.
998277418
Legal form
AS
Sector
Olje og gass (09.101)
Size tier
large
Employees
238 registered 10 September 2026
Founded
13 April 2012 14 years in operation
Share capital
0.12 MNOK
Business address
Kanalsletta 3, 4033 STAVANGER (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
Stefano Rosa
Chair of the board
Liliana Palumbo
Board member
Stefano Rosa
Board member
Benoit Pierre Broutin
Auditor
KPMG AS
Accountant
TELL NORGE 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
Index214144
Rank501388352
Operating margin19.5%29.0%24.4%
Return on assets11.1%13.7%12.7%
Equity ratio5.1%12.5%23.7%
Current ratio0.100.160.24
Revenue growth–18.3%3.1%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (EUR). Revenue in NOK is converted from EUR at the mean rate for the accounting period 1 January 2023–31 December 2023: 11.4206 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in EUR. Exchange rates at Norges Bank

Key figure202320242025
Operating revenue161.7 MEUR191.4 MEUR197.3 MEUR
Operating profit31.6 MEUR55.4 MEUR48.1 MEUR
Profit before tax14.4 MEUR35.6 MEUR37.5 MEUR
Net profit14.8 MEUR35.7 MEUR40.8 MEUR
Financial expenses44.7 MEUR33.5 MEUR24.3 MEUR
Total assets533.9 MEUR505.9 MEUR487.2 MEUR
Current assets51.1 MEUR69.4 MEUR89.3 MEUR
Equity27.1 MEUR63.0 MEUR115.5 MEUR
Retained earnings−660.5 MEUR−624.8 MEUR−584.0 MEUR
Total liabilities506.8 MEUR442.9 MEUR371.7 MEUR
Current liabilities506.8 MEUR442.9 MEUR371.7 MEUR

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4707303.

Similar companies