ENHANCED DRILLING HOLDING AS
Score · fiscal year 2023
50of 100
How to read this: the company is ahead of 52 % of large companies in the same sector in 2023. What does this mean?
Rank: 273 of 565 · Olje og gass
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 16 and solidity 76 out of 100 among large companies in the same sector in 2023. Methodology
Against the sector
ENHANCED DRILLING HOLDING AS is at the median for large companies in the same sector in 2023.
Median score 50 among 88 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 2,591 MNOK |
| Operating margin | – | 14.7% |
| Profit margin | – | 14.1% |
| Return on assets | 2.4% | 14.5% |
| Equity ratio | 63.2% | 30.9% |
| Debt-to-equity | 0.58 | 2.12 |
| Current ratio | – | 1.08 |
| Revenue growth | – | 12.6% |
The median and “ahead of” refer to large companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 50, ENHANCED DRILLING HOLDING AS does better than 52% of large companies in the same sector (88 companies) in 2023.
Score 2023–2025
- ENHANCED DRILLING HOLDING AS
- Median: large companies in the same sector
What the numbers say
ENHANCED DRILLING HOLDING AS had an operating margin of – and an equity ratio of 63.2% in 2023, and ranks 273 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 799 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 799 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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 14.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 10.1% of the debt in 2023. The policy rate averaged 3.54 % 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
- watch No revenue but large assets
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 | 16 | weight 30% |
|---|---|---|
| Solidity | 76 | weight 25% |
| Liquidity | – | no data, left out |
| Growth | – | no data, left out |
| Consistency | 76 | weight 15% |
Index version 2. Data completeness 70%: the share of the weights that had data.
Questions and answers
How profitable is ENHANCED DRILLING HOLDING AS?
The operating margin was – in 2023, against a median of 14.7% among large companies in the same sector. Return on assets was 2.4%. The company made a loss before tax.
How solid is ENHANCED DRILLING HOLDING AS?
The equity ratio was 63.2% in 2023 (median 30.9%). Debt-to-equity was 0.58 (median 2.12).
How does ENHANCED DRILLING HOLDING AS compare in Olje og gass?
ENHANCED DRILLING HOLDING AS ranks 273 of 565 in Olje og gass for 2023. Among companies of the same size (large companies) it ranks 43 of 88.
Group accounts · 2025
72 of 100
Rank 101 of 975 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2023) |
|---|---|---|
| Operating margin | 26.3% | – |
| Return on assets | 22.9% | – |
| Equity ratio | 33.8% | – |
| Current ratio | 2.39 | – |
| Revenue growth | 64.0% | – |
Group index in earlier years: 2023: 35 (883 of 1176), 2024: 56 (362 of 994).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 992821191
- Legal form
- AS
- Sector
- Olje og gass (09.101)
- Size tier
- large
- Employees
- 0–4 (not registered)
- Founded
- 18 June 2008 18 years in operation
- Share capital
- 15.06 MNOK
- Business address
- Smålonane 16, 5353 STRAUME (ØYGARDEN)
- Municipality
- Øygarden rank 1–5 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- Website
- www.enhanced-drilling.com
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
- Kjetil Lunde
- Chair of the board
- Lewis John Woodburn Mcalister
- Board member
- Iain David Farley
- Board member
- Kjetil Lunde
- Auditor
- ERNST & YOUNG AS
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 | 50 | 49 | 39 | |
| Rank | 273 | 299 | 401 | |
| Operating margin | – | – | – | |
| Return on assets | 2.4% | 2.7% | 2.1% | |
| Equity ratio | 63.2% | 59.9% | 59.5% | |
| Current ratio | – | 1.76 | 0.60 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | – | 0.0 MNOK |
| Operating profit | −0.3 MNOK | −0.4 MNOK | −1.2 MNOK |
| Profit before tax | −16.9 MNOK | −20.1 MNOK | −26.8 MNOK |
| Net profit | −15.4 MNOK | −20.1 MNOK | −2.4 MNOK |
| Financial expenses | 47.1 MNOK | 54.7 MNOK | 53.6 MNOK |
| Total assets | 1,264.3 MNOK | 1,300.8 MNOK | 1,305.1 MNOK |
| Current assets | 6.9 MNOK | 0.5 MNOK | 0.5 MNOK |
| Equity | 799.0 MNOK | 778.8 MNOK | 776.4 MNOK |
| Retained earnings | 290.2 MNOK | 270.1 MNOK | 267.7 MNOK |
| Total liabilities | 465.3 MNOK | 522.0 MNOK | 528.7 MNOK |
| Current liabilities | 0.0 MNOK | 0.3 MNOK | 0.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5376539.
Further
Similar companies
- AKER BP ASA index 51, rank 259 · compare
- H&P DRILLING NORGE AS index 51, rank 261 · compare
- AKOFS OFFSHORE AS index 51, rank 267 · compare
- REPSOL NORGE AS index 50, rank 274 · compare
- OCEAN INSTALLER AS index 50, rank 281 · compare