OFFSHORE RESOURCE GROUP AS
Score · fiscal year 2025
35of 100
How to read this: the company is ahead of 29 % of small companies in the same sector in 2025. What does this mean?
Rank: 438 of 584 · Olje og gass
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 76 and solidity 0 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
OFFSHORE RESOURCE GROUP AS is 14 points below the median for small companies in the same sector in 2025.
Median score 49 among 310 companies.
Against small companies in the same sector in 2025: operating margin 24.3% (median 1.6%) and equity ratio −19.7% (median 53.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 13 MNOK | 3 MNOK |
| Operating margin | 24.3% | 1.6% |
| Profit margin | 22.8% | 8.7% |
| Return on assets | 24.1% | 2.9% |
| Equity ratio | −19.7% | 53.9% |
| Debt-to-equity | – | 0.39 |
| Current ratio | 0.84 | 1.77 |
| Revenue growth | −65.5% | 0.9% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 35, OFFSHORE RESOURCE GROUP AS does better than 29% of small companies in the same sector (314 companies) in 2025.
Score 2023–2025
- OFFSHORE RESOURCE GROUP AS
- Median: small companies in the same sector
What the numbers say
OFFSHORE RESOURCE GROUP AS had an operating margin of 24.3% and an equity ratio of −19.7% in 2025, and ranks 438 of 584 in Olje og gass.
From 2024 to 2025: the operating margin rose from 0.0% to 24.3% and revenue fell by 65%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 27 MNOK and 32 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 32 MNOK |
| EV/EBIT | 8.0 | 27 MNOK |
| 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 −19.7% (median 53.9%).
- watch
Consider strengthening liquidity: current liabilities are 1.2 times current assets.
Based on: Current ratio 0.84 (median 1.77).
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
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 | 76 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 24 | weight 15% |
| Growth | 9 | weight 15% |
| Consistency | 49 | weight 15% |
Durability: 28 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is OFFSHORE RESOURCE GROUP AS?
The operating margin was 24.3% in 2025, against a median of 1.6% among small companies in the same sector. Return on assets was 24.1%.
How solid is OFFSHORE RESOURCE GROUP AS?
The equity ratio was −19.7% in 2025 (median 53.9%). Equity is negative, so liabilities exceed assets.
What is the liquidity of OFFSHORE RESOURCE GROUP AS like?
The current ratio was 0.84 in 2025 (median 1.77). Current assets did not cover current liabilities.
How does OFFSHORE RESOURCE GROUP AS compare in Olje og gass?
OFFSHORE RESOURCE GROUP AS ranks 438 of 584 in Olje og gass for 2025. Among companies of the same size (small companies) it ranks 224 of 314. Revenue changed by −65.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 991834591
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 30 July 2007 19 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Tangen 10, 4072 RANDABERG
- Municipality
- Randaberg rank 16 of 38 in KOSTRA group 7
- 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
- Audun Magne Øvretveit
- Auditor
- EI REVISJON OG RÅDGIVNING 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 | 9 | 40 | 35 | |
| Rank | 541 | 401 | 438 | |
| Operating margin | −87.9% | 0.0% | 24.3% | |
| Return on assets | −138.0% | 4.4% | 24.1% | |
| Equity ratio | −164.2% | −33.3% | −19.7% | |
| Current ratio | 0.37 | 0.77 | 0.84 | |
| Revenue growth | – | 577.2% | −65.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 5.7 MNOK | 38.8 MNOK | 13.4 MNOK |
| Operating profit | −5.0 MNOK | 0.0 MNOK | 3.3 MNOK |
| Profit before tax | −5.0 MNOK | 0.1 MNOK | 3.1 MNOK |
| Net profit | −5.0 MNOK | −0.1 MNOK | 3.2 MNOK |
| Financial expenses | 0.1 MNOK | 0.7 MNOK | 0.3 MNOK |
| Total assets | 3.6 MNOK | 17.7 MNOK | 13.8 MNOK |
| Current assets | 3.3 MNOK | 17.8 MNOK | 13.8 MNOK |
| Equity | −5.9 MNOK | −5.9 MNOK | −2.7 MNOK |
| Retained earnings | −6.1 MNOK | −6.2 MNOK | −3.0 MNOK |
| Total liabilities | 9.4 MNOK | 23.7 MNOK | 16.5 MNOK |
| Current liabilities | 8.8 MNOK | 23.2 MNOK | 16.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7074988.
Further
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