NOBLE DRILLING (NORWAY) AS
Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.
Score · fiscal year 2024
13of 100
How to read this: the company is ahead of 2 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 558 of 586 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 12 and solidity 0 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
NOBLE DRILLING (NORWAY) AS is 33 points below the median for medium-sized companies in the same sector in 2024.
Median score 46 among 167 companies.
Against medium-sized companies in the same sector in 2024: operating margin −11.8% (median 6.2%) and equity ratio −35.7% (median 36.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 205 MNOK | 262 MNOK |
| Operating margin | −11.8% | 6.2% |
| Profit margin | −95.6% | 8.3% |
| Return on assets | −0.6% | 9.2% |
| Equity ratio | −35.7% | 36.8% |
| Debt-to-equity | – | 1.32 |
| Current ratio | 0.72 | 1.27 |
| Revenue growth | −67.6% | 14.0% |
| Revenue per employee | 8.92 MNOK | 4.05 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 13, NOBLE DRILLING (NORWAY) AS does better than 2% of medium-sized companies in the same sector (167 companies) in 2024.
Score 2022–2024
- NOBLE DRILLING (NORWAY) AS
- Median: medium-sized companies in the same sector
What the numbers say
NOBLE DRILLING (NORWAY) AS had an operating margin of −11.8% and an equity ratio of −35.7% in 2024, and ranks 558 of 586 in Olje og gass.
From 2023 to 2024: went from a profit to a loss before tax and the operating margin fell from 5.2% to −11.8%.
NOBLE DRILLING (NORWAY) AS did weaker than the sector in 2022, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | not meaningful |
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
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −35.7% (median 36.8%).
- watch
Consider strengthening liquidity: current liabilities are 1.4 times current assets.
Based on: Current ratio 0.72 (median 1.27).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −95.6% (median 8.3%).
- 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 −11.8% (median 6.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- critical Negative equity
Scenario analysis: the sector's weakest year
The operating margin was −0.3% in 2022 (sector median 1.5%), and the equity ratio −253.7%. In the other years the operating margin averaged −3.3%.
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 | 12 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 16 | weight 15% |
| Growth | 2 | weight 15% |
| Consistency | 47 | weight 15% |
Durability: 18 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NOBLE DRILLING (NORWAY) AS?
The operating margin was −11.8% in 2024, against a median of 6.2% among medium-sized companies in the same sector. Return on assets was −0.6%. The company made a loss before tax.
How solid is NOBLE DRILLING (NORWAY) AS?
The equity ratio was −35.7% in 2024 (median 36.8%). Equity is negative, so liabilities exceed assets.
What is the liquidity of NOBLE DRILLING (NORWAY) AS like?
The current ratio was 0.72 in 2024 (median 1.27). Current assets did not cover current liabilities.
How does NOBLE DRILLING (NORWAY) AS compare in Olje og gass?
NOBLE DRILLING (NORWAY) AS ranks 558 of 586 in Olje og gass for 2024. Among companies of the same size (medium-sized companies) it ranks 164 of 167. Revenue changed by −67.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 981657322
- Legal form
- AS
- Sector
- Olje og gass (09.101)
- Size tier
- medium
- Employees
- 23 registered 10 October 2026
- Founded
- 29 February 2000 26 years in operation
- Share capital
- 5.10 MNOK
- Business address
- Moseidveien 19, 4033 STAVANGER (SOLA)
- Municipality
- Sola rank 2 of 27 in KOSTRA group 9
- Latest accounts filed
- 2024
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
- Erik Evensgård
- Chair of the board
- Claus Bachmann
- Board member
- Jonas Odland
- Auditor
- PRICEWATERHOUSECOOPERS AS
- Accountant
- ERNST & YOUNG COMPLIANCE SERVICES AS
- Accountant
- AZETS INSIGHT 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 · 2022–2024
| Key figure | 2022 | 2023 | 2024 | Trend |
|---|---|---|---|---|
| Index | 16 | 24 | 13 | |
| Rank | 16 | 494 | 558 | |
| Operating margin | −0.3% | 5.2% | −11.8% | |
| Return on assets | 0.7% | 4.8% | −0.6% | |
| Equity ratio | −253.7% | −66.4% | −35.7% | |
| Current ratio | 0.28 | 0.58 | 0.72 | |
| Revenue growth | – | −26.4% | −67.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating revenue | 861.4 MNOK | 633.7 MNOK | 205.1 MNOK |
| Operating profit | −2.4 MNOK | 33.1 MNOK | −24.2 MNOK |
| Profit before tax | 0.4 MNOK | 51.2 MNOK | −196.1 MNOK |
| Net profit | 0.4 MNOK | 115.6 MNOK | −171.2 MNOK |
| Financial expenses | 2.2 MNOK | 4.1 MNOK | 181.3 MNOK |
| Total assets | 361.3 MNOK | 1,157.9 MNOK | 2,442.3 MNOK |
| Current assets | 361.3 MNOK | 1,112.7 MNOK | 2,391.7 MNOK |
| Equity | −916.5 MNOK | −769.2 MNOK | −871.4 MNOK |
| Retained earnings | −1,088.6 MNOK | −941.3 MNOK | −1,043.5 MNOK |
| Total liabilities | 1,277.8 MNOK | 1,927.2 MNOK | 3,313.8 MNOK |
| Current liabilities | 1,277.8 MNOK | 1,927.2 MNOK | 3,313.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6296889.
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