PETROJARL I PRODUCTION AS
Score · fiscal year 2023
11of 100
How to read this: the company is ahead of 3 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 534 of 565 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 1 and solidity 11 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
PETROJARL I PRODUCTION AS is 37 points below the median for medium-sized companies in the same sector in 2023.
Median score 48 among 132 companies.
Against medium-sized companies in the same sector in 2023: operating margin −29.5% (median 7.8%) and equity ratio 7.6% (median 33.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 793 MNOK | 231 MNOK |
| Operating margin | −29.5% | 7.8% |
| Profit margin | −8.0% | 8.1% |
| Return on assets | −30.5% | 9.0% |
| Equity ratio | 7.6% | 33.9% |
| Debt-to-equity | 12.10 | 1.59 |
| Current ratio | 1.08 | 1.26 |
| Revenue growth | – | 15.0% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 11, PETROJARL I PRODUCTION AS does better than 3% of medium-sized companies in the same sector (132 companies) in 2023.
Score 2023–2025
- PETROJARL I PRODUCTION AS
- Median: medium-sized companies in the same sector
What the numbers say
PETROJARL I PRODUCTION AS had an operating margin of −29.5% and an equity ratio of 7.6% in 2023, and ranks 534 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 16 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 16 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 equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 7.6% (median 33.9%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −8.0% (median 8.1%).
- 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 −29.5% (median 7.8%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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 | 1 | weight 30% |
|---|---|---|
| Solidity | 11 | weight 25% |
| Liquidity | 33 | weight 15% |
| Growth | – | no data, left out |
| Consistency | – | no data, left out |
Index version 2. Data completeness 70%: the share of the weights that had data.
Questions and answers
How profitable is PETROJARL I PRODUCTION AS?
The operating margin was −29.5% in 2023, against a median of 7.8% among medium-sized companies in the same sector. Return on assets was −30.5%. The company made a loss before tax.
How solid is PETROJARL I PRODUCTION AS?
The equity ratio was 7.6% in 2023 (median 33.9%). Debt-to-equity was 12.10 (median 1.59).
What is the liquidity of PETROJARL I PRODUCTION AS like?
The current ratio was 1.08 in 2023 (median 1.26).
How does PETROJARL I PRODUCTION AS compare in Olje og gass?
PETROJARL I PRODUCTION AS ranks 534 of 565 in Olje og gass for 2023. Among companies of the same size (medium-sized companies) it ranks 128 of 132.
From the Central Coordinating Register
- Org. no.
- 997788885
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 12 December 2011 14 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Brattørkaia 17A, 7010 TRONDHEIM
- Municipality
- Trondheim 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
- Martin Spencer King
- Chair of the board
- Christopher Allan Brett
- Board member
- Martin Spencer King
- Board member
- Anette Øwre-Johnsen
- 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 | 11 | 62 | 56 | |
| Rank | 534 | 130 | 219 | |
| Operating margin | −29.5% | 11.1% | 18.7% | |
| Return on assets | −30.5% | 42.9% | −33.8% | |
| Equity ratio | 7.6% | 44.7% | 92.5% | |
| Current ratio | 1.08 | 1.81 | 13.29 | |
| Revenue growth | – | 7.5% | −83.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 792.8 MNOK | 852.4 MNOK | 141.5 MNOK |
| Operating profit | −234.2 MNOK | 94.6 MNOK | 26.4 MNOK |
| Profit before tax | −63.7 MNOK | 121.3 MNOK | −34.0 MNOK |
| Net profit | −67.2 MNOK | 110.6 MNOK | −34.1 MNOK |
| Financial expenses | 0.1 MNOK | 0.0 MNOK | 0.3 MNOK |
| Total assets | 208.7 MNOK | 282.8 MNOK | 99.9 MNOK |
| Current assets | 208.7 MNOK | 282.8 MNOK | 99.9 MNOK |
| Equity | 15.9 MNOK | 126.5 MNOK | 92.4 MNOK |
| Retained earnings | – | 72.4 MNOK | 38.1 MNOK |
| Total liabilities | 192.8 MNOK | 156.3 MNOK | 7.5 MNOK |
| Current liabilities | 192.8 MNOK | 156.3 MNOK | 7.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5442071.
Further
Similar companies
- ISLAND DRILLING CREWING AS index 16, rank 517
- SLB KRISTIANSAND AS index 10, rank 537
- TDW OFFSHORE SERVICES AS index 7, rank 544
- LINJEBYGG NORWAY AS index 6, rank 548
- CIMC OFFSHORE AS index 5, rank 551