TDW OFFSHORE SERVICES AS

Org. no. 979836546 · STAVANGER · Founded 1998 · 77 employees

Score · fiscal year 2025

33of 100

How to read this: the company is ahead of 16 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 466 of 584 · Olje og gass

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 20 and solidity 49 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

TDW OFFSHORE SERVICES AS is 18 points below the median for medium-sized companies in the same sector in 2025.

Median score 51 among 132 companies.

Against medium-sized companies in the same sector in 2025: operating margin −0.4% (median 6.3%) and equity ratio 44.9% (median 43.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue156 MNOK229 MNOK
Operating margin −0.4% 6.3% 17 %
Profit margin 0.5% 6.0% shown, not part of the index
Return on assets 0.7% 9.3% 22 %
Equity ratio 44.9% 43.2% 50 %
Debt-to-equity 1.23 1.17 48 %
Current ratio 1.11 1.32 41 %
Revenue growth −33.7% 4.8% 9 %
Revenue per employee2.02 MNOK3.89 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 33, TDW OFFSHORE SERVICES AS does better than 16% of medium-sized companies in the same sector (132 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • TDW OFFSHORE SERVICES AS
  • Median: medium-sized companies in the same sector
Analysis · 2025

What the numbers say

TDW OFFSHORE SERVICES AS had an operating margin of −0.4% and an equity ratio of 44.9% in 2025, and ranks 466 of 584 in Olje og gass.

From 2024 to 2025: the operating margin fell from 21.7% to −0.4% and revenue fell by 34%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 8 MNOK and 55 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.8 MNOK 10.0 8 MNOK
EV/EBIT Operating profit: −0.7 MNOK 8.0 not meaningful
P/B Equity: 55.2 MNOK 1.0 55 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

Indications · 2025

Worth a closer look

  • 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 −0.4% (median 6.3%).

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

Data quality

No anomalies found in the figures.

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 · 2025

What the score is made of

Profitability20 weight 30%
Solidity49 weight 25%
Liquidity41 weight 15%
Growth9 weight 15%
Consistency45 weight 15%

Durability: 34 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is TDW OFFSHORE SERVICES AS?

The operating margin was −0.4% in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was 0.7%.

How solid is TDW OFFSHORE SERVICES AS?

The equity ratio was 44.9% in 2025 (median 43.2%). Debt-to-equity was 1.23 (median 1.17).

What is the liquidity of TDW OFFSHORE SERVICES AS like?

The current ratio was 1.11 in 2025 (median 1.32).

How does TDW OFFSHORE SERVICES AS compare in Olje og gass?

TDW OFFSHORE SERVICES AS ranks 466 of 584 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 111 of 132. Revenue changed by −33.7% from the year before.

From the Central Coordinating Register

Org. no.
979836546
Legal form
AS
Sector
Olje og gass (09.109)
Size tier
medium
Employees
77 registered 10 August 2026
Founded
5 May 1998 28 years in operation
Share capital
46.98 MNOK
Business address
Fabrikkveien 15, 4033 STAVANGER
Municipality
Stavanger rank 4 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

Chief executive
Nicholas Matthews
Chair of the board
Gregory Gianni Vivian Florean
Board member
Eniko Horvath
Auditor
PRICEWATERHOUSECOOPERS 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index76233
Rank544120466
Operating margin−8.1%21.7%−0.4%
Return on assets−9.9%42.7%0.7%
Equity ratio2.6%41.4%44.9%
Current ratio0.671.031.11
Revenue growth–60.0%−33.7%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue146.8 MNOK234.8 MNOK155.6 MNOK
Operating profit−11.8 MNOK51.0 MNOK−0.7 MNOK
Profit before tax−16.9 MNOK47.0 MNOK0.8 MNOK
Net profit−16.7 MNOK46.8 MNOK0.8 MNOK
Financial expenses5.3 MNOK4.3 MNOK0.0 MNOK
Total assets117.5 MNOK120.1 MNOK123.0 MNOK
Current assets73.7 MNOK67.5 MNOK75.0 MNOK
Equity3.0 MNOK49.8 MNOK55.2 MNOK
Retained earnings–2.8 MNOK8.2 MNOK
Total liabilities114.5 MNOK70.4 MNOK67.8 MNOK
Current liabilities109.9 MNOK65.7 MNOK67.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7186873.