COSL NORWEGIAN AS
Score · fiscal year 2025
18of 100
How to read this: the company is ahead of 5 % of large companies in the same sector in 2025. What does this mean?
Rank: 548 of 583 · 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 39 and solidity 0 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
COSL NORWEGIAN AS is 30 points below the median for large companies in the same sector in 2025.
Median score 48 among 102 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 10.5% |
| Profit margin | – | 9.4% |
| Return on assets | 7.9% | 12.1% |
| Equity ratio | −84.4% | 27.8% |
| Debt-to-equity | – | 2.45 |
| Current ratio | 0.50 | 1.11 |
| Revenue growth | – | 3.0% |
The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 18, COSL NORWEGIAN AS does better than 5% of large companies in the same sector (103 companies) in 2025.
Score 2023–2025
- COSL NORWEGIAN AS
- Median: large companies in the same sector
COSL NORWEGIAN AS has a score of 18 for 2025, rank 548 of 583 in the sector.
Strongest: Profitability: percentile 39 against peers.
Weakest: Solidity: percentile 0 against peers, equity ratio −84.4% against a median of 27.8%. Liquidity: percentile 9 against peers, current ratio 0.50 against a median of 1.11.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −84.4% (median 27.8%).
- Consider strengthening liquidity: current liabilities are 2.0 times current assets. Based on: current ratio 0.50 (median 1.11).
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
COSL NORWEGIAN AS had an operating margin of – and an equity ratio of −84.4% in 2025, and ranks 548 of 583 in Olje og gass.
From 2024 to 2025: went from a loss to a profit before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 56 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 56 MUSD |
| 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 −84.4% (median 27.8%).
- watch
Consider strengthening liquidity: current liabilities are 2.0 times current assets.
Based on: Current ratio 0.50 (median 1.11).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
- watch No revenue but large assets
- critical Negative equity
- 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 | 39 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 9 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 14 | weight 15% |
Durability: 14 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is COSL NORWEGIAN AS?
The operating margin was – in 2025, against a median of 10.5% among large companies in the same sector. Return on assets was 7.9%.
How solid is COSL NORWEGIAN AS?
The equity ratio was −84.4% in 2025 (median 27.8%). Equity is negative, so liabilities exceed assets.
What is the liquidity of COSL NORWEGIAN AS like?
The current ratio was 0.50 in 2025 (median 1.11). Current assets did not cover current liabilities.
How does COSL NORWEGIAN AS compare in Olje og gass?
COSL NORWEGIAN AS ranks 548 of 583 in Olje og gass for 2025. Among companies of the same size (large companies) it ranks 98 of 103.
Group accounts · 2025
36 of 100
Rank 690 of 899 groups with group accounts. Groups are ranked only against each other, not against single companies.
The group accounts are in USD. We show ratios, not amounts.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 15.1% | – |
| Return on assets | 4.9% | 7.9% |
| Equity ratio | −56.7% | −84.4% |
| Current ratio | 0.17 | 0.50 |
| Revenue growth | 94.5% | – |
Group index in earlier years: 2023: 4 (1075 of 1079), 2024: 21 (855 of 916).
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.
- 992831510
- Legal form
- AS
- Sector
- Olje og gass (09.101)
- Size tier
- large
- Employees
- 88 registered 10 October 2026
- Founded
- 23 June 2008 18 years in operation
- Share capital
- 1,541.33 MNOK
- Business address
- Vestre Svanholmen 4, 4313 SANDNES
- Municipality
- Sandnes rank 3 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
- Chair of the board
- Fenglei Jia
- Board member
- Kine Surdal Nilsen
- Auditor
- ERNST & YOUNG 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 | 14 | 18 | |
| Rank | 542 | 556 | 548 | |
| Operating margin | – | – | – | |
| Return on assets | 4.8% | 5.7% | 7.9% | |
| Equity ratio | −78.3% | −82.5% | −84.4% | |
| Current ratio | 0.20 | 0.52 | 0.50 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | 0.0 MUSD | 0.0 MUSD | −0.1 MUSD |
| Profit before tax | −134.5 MUSD | −89.2 MUSD | 5.6 MUSD |
| Net profit | −134.5 MUSD | −89.2 MUSD | 5.6 MUSD |
| Financial expenses | 175.5 MUSD | 141.8 MUSD | 64.5 MUSD |
| Total assets | 853.4 MUSD | 917.8 MUSD | 890.7 MUSD |
| Current assets | 143.1 MUSD | 757.5 MUSD | 734.5 MUSD |
| Equity | −667.8 MUSD | −757.0 MUSD | −751.4 MUSD |
| Retained earnings | −1,676.9 MUSD | −1,766.1 MUSD | −1,760.5 MUSD |
| Total liabilities | 1,521.2 MUSD | 1,674.8 MUSD | 1,642.1 MUSD |
| Current liabilities | 699.0 MUSD | 1,462.1 MUSD | 1,461.1 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7212110.
Further
Similar companies
- EQUINOR NORSK LNG AS index 22, rank 528 · compare
- EQUINOR APSHERON AS index 19, rank 541 · compare
- KISTOS ENERGY (NORWAY) AS index 18, rank 545 · compare
- LIME PETROLEUM AS index 17, rank 549 · compare
- TRANSOCEAN NORWAY OPERATIONS AS index 14, rank 554 · compare