A/S Norske Shell
Score · fiscal year 2025
50of 100
How to read this: the company is ahead of 54 % of large companies in the same sector in 2025. What does this mean?
Rank: 154 of 320 · Olje og gass
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 98 and solidity 14 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
A/S Norske Shell is 1 points above the median for large companies in the same sector in 2025.
Median score 49 among 69 companies.
Against large companies in the same sector in 2025: operating margin 81.2% (median 10.5%) and equity ratio 4.2% (median 22.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 25,249 MNOK | 2,791 MNOK |
| Operating margin | 81.2% | 10.5% |
| Profit margin | 81.6% | 9.4% |
| Return on assets | 77.3% | 14.4% |
| Equity ratio | 4.2% | 22.7% |
| Debt-to-equity | 22.95 | 3.12 |
| Current ratio | 1.04 | 1.12 |
| Revenue growth | −2.9% | 3.3% |
| Revenue per employee | 59.13 MNOK | 7.15 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 50, A/S Norske Shell does better than 54% of large companies in the same sector (69 companies) in 2025.
Score 2023–2025
- A/S Norske Shell
- Median: large companies in the same sector
A/S Norske Shell has a score of 50 for 2025, rank 154 of 320 in the sector.
Strongest: Profitability: percentile 98 against peers, operating margin 81.2% against a median of 10.5%.
Weakest: Solidity: percentile 14 against peers, equity ratio 4.2% against a median of 22.7%. Growth: percentile 32 against peers, revenue growth −2.9% against a median of 3.3%.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 4.2% (median 22.7%).
- What lies behind weak solidity, and will it last?
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
A/S Norske Shell had an operating margin of 81.2% and an equity ratio of 4.2% in 2025, and ranks 154 of 320 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 1,137 MNOK and 154,057 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 49,680 MNOK |
| EV/EBIT | 8.0 | 154,057 MNOK |
| P/B | 1.0 | 1,137 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 4.2% (median 22.7%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.7% of the debt in 2025. The policy rate averaged 4.30 % 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
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 1.6%. 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 | 98 | weight 30% |
|---|---|---|
| Solidity | 14 | weight 25% |
| Liquidity | 40 | weight 15% |
| Growth | 32 | weight 15% |
| Consistency | 43 | weight 15% |
Durability: 47 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is A/S Norske Shell?
The operating margin was 81.2% in 2025, against a median of 10.5% among large companies in the same sector. Return on assets was 77.3%.
How solid is A/S Norske Shell?
The equity ratio was 4.2% in 2025 (median 22.7%). Debt-to-equity was 22.95 (median 3.12).
What is the liquidity of A/S Norske Shell like?
The current ratio was 1.04 in 2025 (median 1.12).
How does A/S Norske Shell compare in Olje og gass?
A/S Norske Shell ranks 154 of 320 in Olje og gass for 2025. Among companies of the same size (large companies) it ranks 32 of 69. Revenue changed by −2.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 914807077
- Legal form
- AS
- Sector
- Olje og gass (06.200)
- Size tier
- large
- Employees
- 427 registered 10 October 2026
- Founded
- 14 October 1912 114 years in operation
- Share capital
- 584.39 MNOK
- Business address
- Løkkeveien 103, 4007 STAVANGER
- Municipality
- Stavanger rank 5 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 213800F4ETX85XLF5K47 renews 17 December 2026
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
- Marianne Jensen Olsnes
- Chair of the board
- Mark Ian Wildon
- Board member
- Bjørn Wilhelmsen Melaa
- Board member
- Clare Joanne Mcintyre
- Board member
- Line Sørensen
- Board member
- Unn Solfrid Bøen Kvendseth
- Board member
- Anne Eriksen Kongshaug
- Board member
- Ingeborg Gaupset
- Board member
- Callum Graham Stuart Hamilton
- Deputy member
- Torkjel Øvsthus
- Deputy member
- Elisabeth Currais Stenvaagnes
- Auditor
- ERNST & YOUNG AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- SHELL PLC (United Kingdom)
Foreign-owned according to GLEIF.
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 46 | 44 | 50 | |
| Rank | 183 | 193 | 154 | |
| Operating margin | 59.9% | 79.4% | 81.2% | |
| Return on assets | 81.4% | 69.0% | 77.3% | |
| Equity ratio | 3.9% | 3.8% | 4.2% | |
| Current ratio | 1.06 | 1.07 | 1.04 | |
| Revenue growth | – | −33.0% | −2.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 38,843.0 MNOK | 26,006.0 MNOK | 25,249.0 MNOK |
| Operating profit | 23,250.0 MNOK | 20,650.0 MNOK | 20,514.0 MNOK |
| Profit before tax | 23,344.0 MNOK | 20,644.0 MNOK | 20,615.0 MNOK |
| Net profit | 4,937.0 MNOK | 5,426.0 MNOK | 4,968.0 MNOK |
| Financial expenses | 433.0 MNOK | 460.0 MNOK | 437.0 MNOK |
| Total assets | 29,217.0 MNOK | 30,589.0 MNOK | 27,236.0 MNOK |
| Current assets | 18,775.0 MNOK | 20,114.0 MNOK | 16,607.0 MNOK |
| Equity | 1,147.0 MNOK | 1,159.0 MNOK | 1,137.0 MNOK |
| Retained earnings | 563.0 MNOK | 575.0 MNOK | 553.0 MNOK |
| Total liabilities | 28,070.0 MNOK | 29,430.0 MNOK | 26,099.0 MNOK |
| Current liabilities | 17,684.0 MNOK | 18,760.0 MNOK | 15,905.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6772988.
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