DOLPHIN DRILLING AS
Score · fiscal year 2024
30of 100
How to read this: the company is ahead of 21 % of small companies in the same sector in 2024. What does this mean?
Rank: 487 of 586 · Olje og gass
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 7 and solidity 73 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
DOLPHIN DRILLING AS is 20 points below the median for small companies in the same sector in 2024.
Median score 50 among 310 companies.
Against small companies in the same sector in 2024: operating margin −9,263.2% (median 4.6%) and equity ratio 90.5% (median 52.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 7 MNOK | 3 MNOK |
| Operating margin | −9,263.2% | 4.6% |
| Profit margin | −8,044.6% | 10.2% |
| Return on assets | −25.6% | 3.7% |
| Equity ratio | 90.5% | 52.2% |
| Debt-to-equity | 0.10 | 0.42 |
| Current ratio | 0.36 | 1.76 |
| Revenue growth | −25.4% | 3.9% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 30, DOLPHIN DRILLING AS does better than 21% of small companies in the same sector (311 companies) in 2024.
Score 2023–2025
- DOLPHIN DRILLING AS
- Median: small companies in the same sector
What the numbers say
DOLPHIN DRILLING AS had an operating margin of −9,263.2% and an equity ratio of 90.5% in 2024, and ranks 487 of 586 in Olje og gass.
From 2023 to 2024: the operating margin fell from −0.3% to −9,263.2% and revenue fell by 25%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 1,955 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 1,955 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 2.8 times current assets.
Based on: Current ratio 0.36 (median 1.76).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −8,044.6% (median 10.2%).
- 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 −9,263.2% (median 4.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Extreme margin: check 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 | 7 | weight 30% |
|---|---|---|
| Solidity | 73 | weight 25% |
| Liquidity | 14 | weight 15% |
| Growth | 25 | weight 15% |
| Consistency | 25 | weight 15% |
Durability: 45 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is DOLPHIN DRILLING AS?
The operating margin was −9,263.2% in 2024, against a median of 4.6% among small companies in the same sector. Return on assets was −25.6%. The company made a loss before tax.
How solid is DOLPHIN DRILLING AS?
The equity ratio was 90.5% in 2024 (median 52.2%). Debt-to-equity was 0.10 (median 0.42).
What is the liquidity of DOLPHIN DRILLING AS like?
The current ratio was 0.36 in 2024 (median 1.76). Current assets did not cover current liabilities.
How does DOLPHIN DRILLING AS compare in Olje og gass?
DOLPHIN DRILLING AS ranks 487 of 586 in Olje og gass for 2024. Among companies of the same size (small companies) it ranks 246 of 311. Revenue changed by −25.4% from the year before.
Group accounts · 2025
5 of 100
Rank 737 of 742 groups with group accounts. Groups are ranked only against each other, not against single companies.
The group accounts are in USD. We show ratios, not amounts.
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | −19.0% | – |
| Return on assets | −18.7% | – |
| Equity ratio | 12.2% | – |
| Current ratio | 0.49 | – |
| Revenue growth | – | – |
Group index in earlier years: 2023: 45 (486 of 855), 2024: 17 (704 of 740).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 929255038
- Legal form
- AS
- Sector
- Olje og gass (09.101)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 1 April 2022 4 years in operation
- Share capital
- 1,016.89 MNOK
- Business address
- Vestre Svanholmen 12, 4313 SANDNES
- Municipality
- Sandnes rank 3–7 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
- Ronny Bjørnådal
- Board member
- Pål Lothe Magnussen
- Board member
- Linn Katrine Høie
- Board member
- Tom Lileng
- Board member
- Melissa Anthea Clare
- Auditor
- KPMG 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 | 59 | 30 | 67 | |
| Rank | 164 | 487 | 87 | |
| Operating margin | −0.3% | −9,263.2% | 1.6% | |
| Return on assets | 3.2% | −25.6% | 3.7% | |
| Equity ratio | 92.5% | 90.5% | 99.5% | |
| Current ratio | 52.11 | 0.36 | 12.46 | |
| Revenue growth | – | −25.4% | 271.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 9.6 MNOK | 7.1 MNOK | 26.5 MNOK |
| Operating profit | 0.0 MNOK | −661.4 MNOK | 0.4 MNOK |
| Profit before tax | −4.0 MNOK | −574.4 MNOK | −1,100.6 MNOK |
| Net profit | −4.0 MNOK | −574.4 MNOK | −1,100.6 MNOK |
| Financial expenses | 76.5 MNOK | 20.9 MNOK | 1,150.2 MNOK |
| Total assets | 2,283.1 MNOK | 2,159.6 MNOK | 1,328.6 MNOK |
| Current assets | 203.5 MNOK | 73.8 MNOK | 89.8 MNOK |
| Equity | 2,112.1 MNOK | 1,955.1 MNOK | 1,321.4 MNOK |
| Retained earnings | −49.8 MNOK | −579.0 MNOK | −1,762.5 MNOK |
| Total liabilities | 171.0 MNOK | 204.6 MNOK | 7.2 MNOK |
| Current liabilities | 3.9 MNOK | 204.6 MNOK | 7.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6305773.
Further
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