EQUINOR ENERGY AS
Score · fiscal year 2024
54of 100
How to read this: the company is ahead of 60 % of large companies in the same sector in 2024. What does this mean?
Rank: 227 of 586 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 89 and solidity 58 out of 100 among large companies in the same sector in 2024. Methodology
Against the sector
EQUINOR ENERGY AS is 4 points above the median for large companies in the same sector in 2024.
Median score 50 among 95 companies.
Against large companies in the same sector in 2024: operating margin 72.4% (median 10.7%) and equity ratio 34.8% (median 25.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 406,924 MNOK | 2,688 MNOK |
| Operating margin | 72.4% | 10.7% |
| Profit margin | 73.7% | 12.5% |
| Return on assets | 41.2% | 14.7% |
| Equity ratio | 34.8% | 25.9% |
| Debt-to-equity | 1.88 | 2.71 |
| Current ratio | 0.74 | 1.12 |
| Revenue growth | −12.7% | 5.9% |
The median and “ahead of” refer to large companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 54, EQUINOR ENERGY AS does better than 60% of large companies in the same sector (95 companies) in 2024.
Score 2023–2025
- EQUINOR ENERGY AS
- Median: large companies in the same sector
What the numbers say
EQUINOR ENERGY AS had an operating margin of 72.4% and an equity ratio of 34.8% in 2024, and ranks 227 of 586 in Olje og gass.
From 2023 to 2024: revenue fell by 13% and the operating margin fell from 74.6% to 72.4%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 23,137 MUSD and 195,197 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 76,980 MUSD |
| EV/EBIT | 8.0 | 195,197 MUSD |
| P/B | 1.0 | 23,137 MUSD |
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
- watch
Consider strengthening liquidity: current liabilities are 1.4 times current assets.
Based on: Current ratio 0.74 (median 1.12).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Reports in a currency other than NOK
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 | 89 | weight 30% |
|---|---|---|
| Solidity | 58 | weight 25% |
| Liquidity | 14 | weight 15% |
| Growth | 19 | weight 15% |
| Consistency | 52 | weight 15% |
Durability: 59 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is EQUINOR ENERGY AS?
The operating margin was 72.4% in 2024, against a median of 10.7% among large companies in the same sector. Return on assets was 41.2%.
How solid is EQUINOR ENERGY AS?
The equity ratio was 34.8% in 2024 (median 25.9%). Debt-to-equity was 1.88 (median 2.71).
What is the liquidity of EQUINOR ENERGY AS like?
The current ratio was 0.74 in 2024 (median 1.12). Current assets did not cover current liabilities.
How does EQUINOR ENERGY AS compare in Olje og gass?
EQUINOR ENERGY AS ranks 227 of 586 in Olje og gass for 2024. Among companies of the same size (large companies) it ranks 39 of 95. Revenue changed by −12.7% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 990888213
- Legal form
- AS · part of a group
- Sector
- Olje og gass (06.200)
- Size tier
- large
- Employees
- 0–4 (not registered)
- Founded
- 1 February 2007 19 years in operation
- Share capital
- 36,172.22 MNOK
- Business address
- Forusbeen 50, 4035 STAVANGER
- Municipality
- Stavanger rank 5–9 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
- Asleiv Jon Brandsøy
- Chair of the board
- Torgrim Reitan
- Board member
- Siv Helen Rygh Torstensen
- Board member
- Asleiv Jon Brandsøy
- Board member
- Finn Lexow
- Board member
- Annette Frydenberg
- Auditor
- ERNST & YOUNG AS
- Accountant
- EQUINOR ASA
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 | 65 | 54 | 61 | |
| Rank | 126 | 227 | 155 | |
| Operating margin | 74.6% | 72.4% | 67.4% | |
| Return on assets | 46.0% | 41.2% | 35.2% | |
| Equity ratio | 36.1% | 34.8% | 38.3% | |
| Current ratio | 1.00 | 0.74 | 0.80 | |
| Revenue growth | – | −12.7% | −1.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2024–31 December 2024: 10.7433 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 43,390.0 MUSD | 37,877.0 MUSD | 37,221.0 MUSD |
| Operating profit | 32,348.0 MUSD | 27,410.0 MUSD | 25,105.0 MUSD |
| Profit before tax | 33,113.0 MUSD | 27,927.0 MUSD | 25,104.0 MUSD |
| Net profit | 9,083.0 MUSD | 7,698.0 MUSD | 6,065.0 MUSD |
| Financial expenses | −765.0 MUSD | −517.0 MUSD | 1.0 MUSD |
| Total assets | 70,376.0 MUSD | 66,575.0 MUSD | 71,369.0 MUSD |
| Current assets | 16,030.0 MUSD | 13,973.0 MUSD | 12,687.0 MUSD |
| Equity | 25,439.0 MUSD | 23,137.0 MUSD | 27,311.0 MUSD |
| Retained earnings | – | – | – |
| Total liabilities | 44,937.0 MUSD | 43,439.0 MUSD | 44,057.0 MUSD |
| Current liabilities | 16,050.0 MUSD | 18,947.0 MUSD | 15,775.0 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5656725.
Further
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