GIGGS OIL AND GAS SERVICES AS
Score · fiscal year 2025
40of 100
How to read this: the company is ahead of 35 % of small companies in the same sector in 2025. What does this mean?
Rank: 389 of 584 · 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 61 and solidity 27 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
GIGGS OIL AND GAS SERVICES AS is 9 points below the median for small companies in the same sector in 2025.
Median score 49 among 310 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 1.6% |
| Profit margin | – | 8.7% |
| Return on assets | 8.2% | 2.9% |
| Equity ratio | 23.2% | 53.9% |
| Debt-to-equity | 3.31 | 0.39 |
| Current ratio | 0.04 | 1.77 |
| Revenue growth | – | 0.9% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 40, GIGGS OIL AND GAS SERVICES AS does better than 35% of small companies in the same sector (314 companies) in 2025.
Score 2023–2025
- GIGGS OIL AND GAS SERVICES AS
- Median: small companies in the same sector
What the numbers say
GIGGS OIL AND GAS SERVICES AS had an operating margin of – and an equity ratio of 23.2% in 2025, and ranks 389 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 1 MNOK and 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 1 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
- critical
Consider strengthening liquidity: current liabilities are 25.3 times current assets.
Based on: Current ratio 0.04 (median 1.77).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
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 | 61 | weight 30% |
|---|---|---|
| Solidity | 27 | weight 25% |
| Liquidity | 7 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 52 | weight 15% |
Durability: 43 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is GIGGS OIL AND GAS SERVICES AS?
The operating margin was – in 2025, against a median of 1.6% among small companies in the same sector. Return on assets was 8.2%.
How solid is GIGGS OIL AND GAS SERVICES AS?
The equity ratio was 23.2% in 2025 (median 53.9%). Debt-to-equity was 3.31 (median 0.39).
What is the liquidity of GIGGS OIL AND GAS SERVICES AS like?
The current ratio was 0.04 in 2025 (median 1.77). Current assets did not cover current liabilities.
How does GIGGS OIL AND GAS SERVICES AS compare in Olje og gass?
GIGGS OIL AND GAS SERVICES AS ranks 389 of 584 in Olje og gass for 2025. Among companies of the same size (small companies) it ranks 203 of 314.
From the Central Coordinating Register
- Org. no.
- 916566700
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 6 January 2016 10 years in operation
- Share capital
- 0.61 MNOK
- Business address
- Gyldenprisveien 20, 5056 BERGEN
- Municipality
- Bergen rank 9 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 15 January 2016
- 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
- Jan Georg Tveiterås
- Chair of the board
- Jan Georg Tveiterås
- Accountant
- KEMAX ØKONOMI REGNSKAP 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 | 54 | 36 | 40 | |
| Rank | 232 | 442 | 389 | |
| Operating margin | 96.5% | 36.6% | – | |
| Return on assets | 12.5% | 2.1% | 8.2% | |
| Equity ratio | 44.0% | 22.5% | 23.2% | |
| Current ratio | 0.21 | 0.02 | 0.04 | |
| Revenue growth | – | −60.7% | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.4 MNOK | 0.1 MNOK | – |
| Operating profit | 0.3 MNOK | 0.1 MNOK | 0.0 MNOK |
| Profit before tax | 0.3 MNOK | 0.0 MNOK | 0.2 MNOK |
| Net profit | 0.3 MNOK | 0.0 MNOK | 0.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.1 MNOK | 0.3 MNOK |
| Total assets | 2.7 MNOK | 5.5 MNOK | 6.0 MNOK |
| Current assets | 0.3 MNOK | 0.1 MNOK | 0.2 MNOK |
| Equity | 1.2 MNOK | 1.2 MNOK | 1.4 MNOK |
| Retained earnings | 0.6 MNOK | 0.6 MNOK | 0.8 MNOK |
| Total liabilities | 1.5 MNOK | 4.2 MNOK | 4.6 MNOK |
| Current liabilities | 1.5 MNOK | 4.2 MNOK | 4.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6718710.
Further
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