ODIN DIVING NORGE AS
Score · fiscal year 2024
64of 100
How to read this: the company is ahead of 79 % of small companies in the same sector in 2024. What does this mean?
Rank: 120 of 586 · Olje og gass
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 92 and solidity 37 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
ODIN DIVING NORGE AS is 14 points above the median for small companies in the same sector in 2024.
Median score 50 among 324 companies.
Against small companies in the same sector in 2024: operating margin 66.1% (median 4.2%) and equity ratio 42.8% (median 52.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 66.1% | 4.2% |
| Profit margin | 60.8% | 10.1% |
| Return on assets | 45.3% | 3.4% |
| Equity ratio | 42.8% | 52.4% |
| Debt-to-equity | 1.34 | 0.41 |
| Current ratio | 0.02 | 1.74 |
| Revenue growth | 159.6% | 3.4% |
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 64, ODIN DIVING NORGE AS does better than 79% of small companies in the same sector (325 companies) in 2024.
Score 2023–2025
- ODIN DIVING NORGE AS
- Median: small companies in the same sector
What the numbers say
ODIN DIVING NORGE AS had an operating margin of 66.1% and an equity ratio of 42.8% in 2024, and ranks 120 of 586 in Olje og gass.
From 2023 to 2024: revenue grew by 160% and the equity ratio rose from 6.9% to 42.8%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 1 MNOK and 5 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 4 MNOK |
| EV/EBIT | 8.0 | 5 MNOK |
| 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 40.0 times current assets.
Based on: Current ratio 0.02 (median 1.74).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 159.6% (median 3.4%); Current ratio 0.02 (median 1.74).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.3% of the debt in 2024. The policy rate averaged 4.50 % 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 1.5%. 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 | 92 | weight 30% |
|---|---|---|
| Solidity | 37 | weight 25% |
| Liquidity | 6 | weight 15% |
| Growth | 94 | weight 15% |
| Consistency | 79 | weight 15% |
Durability: 53 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ODIN DIVING NORGE AS?
The operating margin was 66.1% in 2024, against a median of 4.2% among small companies in the same sector. Return on assets was 45.3%.
How solid is ODIN DIVING NORGE AS?
The equity ratio was 42.8% in 2024 (median 52.4%). Debt-to-equity was 1.34 (median 0.41).
What is the liquidity of ODIN DIVING NORGE AS like?
The current ratio was 0.02 in 2024 (median 1.74). Current assets did not cover current liabilities.
How does ODIN DIVING NORGE AS compare in Olje og gass?
ODIN DIVING NORGE AS ranks 120 of 586 in Olje og gass for 2024. Among companies of the same size (small companies) it ranks 68 of 325. Revenue changed by 159.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 930294918
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 6 November 2022 3 years in operation
- Share capital
- 0.05 MNOK
- Business address
- c/o Scanvat, Johannes Bruns gate 13A, 0452 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- Audit
- Audit opted out from 23 November 2022
- 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
- David Holm Kofoed
- Chair of the board
- David Holm Kofoed
- Accountant
- SCANVAT
Source: Central Coordinating Register, fetched 29 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 | 43 | 64 | 72 | |
| Rank | 350 | 120 | 51 | |
| Operating margin | 60.3% | 66.1% | 60.3% | |
| Return on assets | 10.6% | 45.3% | 41.6% | |
| Equity ratio | 6.9% | 42.8% | 87.0% | |
| Current ratio | 0.25 | 0.02 | 7.67 | |
| Revenue growth | – | 159.6% | −21.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.3 MNOK | 0.9 MNOK | 0.7 MNOK |
| Operating profit | 0.2 MNOK | 0.6 MNOK | 0.4 MNOK |
| Profit before tax | 0.1 MNOK | 0.5 MNOK | 0.4 MNOK |
| Net profit | 0.1 MNOK | 0.4 MNOK | 0.3 MNOK |
| Financial expenses | 0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 2.0 MNOK | 1.3 MNOK | 1.0 MNOK |
| Current assets | 0.4 MNOK | 0.0 MNOK | 1.0 MNOK |
| Equity | 0.1 MNOK | 0.6 MNOK | 0.9 MNOK |
| Retained earnings | 0.1 MNOK | 0.5 MNOK | 0.9 MNOK |
| Total liabilities | 1.8 MNOK | 0.8 MNOK | 0.1 MNOK |
| Current liabilities | 1.8 MNOK | 0.7 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6211557.
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