Olje og gass ranking 2025

Benchmarks · fiscal year 2025

Quartiles among the 584 ranked companies, all sizes. Half of them lie between the lower and upper quartile.

Key figure	Lower quartile	Median	Upper quartile
Operating margin	−2.3%	5.4%	31.4%
Profit margin	−0.5%	7.4%	45.1%
Return on assets	−0.8%	6.4%	19.6%
Equity ratio	12.0%	41.9%	82.7%
Debt-to-equity	0.17	0.97	3.33
Current ratio	0.86	1.34	3.59
Revenue growth	−15.4%	3.1%	22.6%

Ranked per size tier: large: 78 · medium: 132 · small: 314 · unknown size: 65. Medium from 100 MNOK in revenue, large from 1,000 MNOK.

Distribution of the overall index · 2025

Best in each category · 2025

Operating marginIK GROUP AS149.8%

Return on assetsLANGE RIGGPART AS389,403,800.0%

Equity ratioS-ENERGY AS102.2%

Current ratioALLAN AS114,353.75

Revenue growthCONCEDO AS7,517.9%

Ranking · 2025

Morning Enterprise Index 0–100, version 2: every key figure is compared with companies in the same sector and size tier. Click a column heading to sort.

Rank	Company	Size	Index	Operating margin	Equity ratio	Current ratio	Revenue growth	Revenue
1	SUBSEA 7 HOLDING NORWAY AS	large	94	–	99.9%	70.60	–	–
2	DOF SUBSEA AS	–	90	–	99.0%	32.25	–	–
3	HOVE FINANS AS	small	87	–	99.0%	21.62	–	–
4	H&P NORGE AS	medium	86	–	89.2%	3.46	–	–
5	METEVA AS	large	85	–	90.4%	7.98	–	–
6	CAPEOMEGA GAS TRANSPORTATION AS	medium	85	98.5%	98.7%	297.84	39.4%	548 MNOK
7	GULLHEIM HOLDING AS	small	85	–	97.2%	35.13	–	–
8	PANORO TUNISIA PRODUCTION AS	–	85	–	96.7%	5.83	–	–
9	PANDION ENERGY HOLDING AS	–	84	–	99.8%	17.24	–	–
10	ATNO CONSULTING AS	small	83	–	99.8%	534.51	–	–
11	HAVEN RIGCO AS	small	83	122.4%	97.3%	2,669.28	115.7%	16 MNOK
12	HOGNEST AS	small	81	51.6%	99.5%	45.96	–	0 MNOK
13	EQUINOR REFINING NORWAY AS	large	81	76.2%	62.2%	3.92	63.7%	5,796 MNOK
14	CSE OFFSHORE AS	small	81	87.5%	100.0%	–	–	0 MNOK
15	KAMA CONSULTING AS	small	80	–	99.2%	195.56	–	–
16	LTG INVEST AS	small	80	–	100.0%	–	–	–
17	HAGGI INVEST AS	small	80	–	99.7%	225.64	–	–
18	JARALA AS	small	80	43.6%	99.9%	510.68	151.7%	2 MNOK
19	SIV.ING. TORGEIR AUNE AS	small	80	–	100.0%	2,592.67	–	0 MNOK
20	LANGGÅRD AS	small	80	38.2%	96.2%	26.17	394.3%	2 MNOK
21	EQUINOR ENERGY LIBYA AS	medium	79	90.9%	50.8%	11.87	–	370 MNOK
22	SUBCAP AS	small	79	–	100.0%	–	–	–
23	EPTEC - ENERGY & PROCESS TECHNIC AS	small	78	–	93.9%	22.46	–	–
24	EQUINOR MURZUQ AS	large	78	87.9%	57.5%	1.48	−1.4%	1,288 MNOK
25	STOLT-NIELSEN HOLDING AS	medium	78	–	99.8%	280.10	–	–
26	STRINDFJORDEN AS	small	78	–	99.9%	120.63	–	0 MNOK
27	JEPSEN OFFSHORE AS	small	78	46.9%	96.3%	26.70	17.9%	3 MNOK
28	SJØLIE OFFSHORE AS	small	78	77.3%	97.4%	38.30	−13.1%	3 MNOK
29	MINERALS GROUP AS	small	78	–	99.9%	1,967.49	–	–
30	LEFDAL WELL CONSULTANTS AS	small	77	–	99.9%	949.47	–	–
31	SEA1 OFFSHORE REDERI AS	–	77	63.5%	65.3%	19.29	30.4%	–
32	TORE.HALVORSEN AS	small	77	60.3%	99.7%	252.04	133.8%	1 MNOK
33	DELMAR SYSTEMS AS	medium	76	20.9%	61.7%	1.69	127.2%	390 MNOK
34	CINCLUS IV AS	small	75	89.2%	99.8%	6.72	0.0%	5 MNOK
35	ENHANCED DRILLING AS	medium	75	31.7%	51.2%	2.70	81.4%	993 MNOK
36	PETROLEUM GEO-TECHNOLOGY AS	small	75	88.4%	88.0%	2.59	–	1 MNOK
37	NORTH SEA ENABLER AS	medium	75	23.4%	93.2%	3.58	32.0%	162 MNOK
38	RDS HOLDING AS	small	75	–	96.4%	19.54	–	0 MNOK
39	WELLPARTNER HOLDING AS	small	75	–	100.0%	79.58	–	–
40	TECNOR AS	small	74	52.0%	74.7%	3.14	31.1%	4 MNOK
41	OLYMPIC SERVICES AS	small	74	98.3%	66.7%	5.50	–	71 MNOK
42	OCEANEERING AS	large	74	15.4%	85.7%	2.34	14.3%	2,158 MNOK
43	HILDR AS	small	74	−95.9%	91.2%	829.48	555.3%	0 MNOK
44	OMEGA SUBSEA AS	medium	73	16.7%	61.6%	1.80	18.5%	874 MNOK
45	HV VII INVEST DAGS AS	small	73	–	100.0%	98.43	–	–
46	REUTZ CONSULTING AS	small	73	–	100.0%	–	–	–
47	OLYMPIC ARTEMIS AS	medium	73	79.7%	71.5%	0.25	43.8%	146 MNOK
48	ICR INTEGRITY NORGE AS	small	72	20.8%	87.8%	3.29	28.6%	42 MNOK
49	CRYSTAL PRODUCTION AS	small	72	–	98.4%	57.22	–	–
50	SIAI HOLDING AS	medium	72	–	91.8%	79.95	–	–
51	ODIN DIVING NORGE AS	small	72	60.3%	87.0%	7.67	−21.7%	1 MNOK
52	RGA ENERGY HOLDINGS AS	medium	72	–	99.2%	30.33	–	–
53	ØCH INVEST AS	medium	71	–	96.5%	17.97	–	–
54	NORD AS	small	71	50.0%	95.6%	7.58	6.1%	2 MNOK
55	OLJEVEDLIKEHOLD AS	small	71	9.8%	96.8%	33.59	23.0%	0 MNOK
56	NITROGAS AS	small	71	23.5%	85.5%	6.33	60.3%	4 MNOK
57	TCO NORWAY AS	medium	71	29.3%	32.5%	1.72	41.4%	601 MNOK
58	FISHFINDER AS	small	71	–	99.7%	8.07	–	–
59	EQUINOR IN SALAH AS	large	71	72.8%	51.4%	1.02	12.1%	5,057 MNOK
60	JANSEN INVEST AS	small	71	–	99.1%	22.28	–	–
61	FRANCON AS	small	71	58.7%	70.2%	3.11	22.7%	3 MNOK
62	OLYMPIC ARES AS	medium	71	76.8%	92.5%	0.97	2.9%	131 MNOK
63	REACH SUBSEA SHIPPING AS	large	71	14.0%	35.0%	2.85	62.9%	1,038 MNOK
64	KIMEK OFFSHORE RESOURCES AS	small	70	–	99.3%	143.36	–	–
65	TE AKTIVA AS	small	70	45.1%	82.9%	5.86	−3.5%	3 MNOK
66	ONSITE TREATMENT SERVICES AS	medium	70	9.7%	63.5%	1.98	16.8%	112 MNOK
67	GRAND CANYON 2 AS	medium	70	–	73.3%	–	–	–
68	OMS INVESTERING AS	small	70	–	90.1%	2.20	–	–
69	HAVILA SUBSEA AS	medium	70	72.4%	47.3%	1.84	80.7%	206 MNOK
70	EIDESVIK NEPTUN II AS	small	69	–	100.0%	–	–	–
71	CEMIKO AS	small	69	31.1%	81.0%	4.57	0.9%	2 MNOK
72	KOMPLEMENTAR CCB AS	small	69	94.1%	97.3%	3.71	−34.4%	0 MNOK
73	REM SALTIRE HOLDING AS	small	69	50.3%	99.0%	2.05	−50.0%	0 MNOK
74	PROSIK AS	small	69	38.2%	42.8%	1.75	86.3%	2 MNOK
75	SIEN AS	small	69	−21.8%	96.5%	28.71	62.2%	0 MNOK
76	KJEL OG BRENNERSERVICE AS	small	68	24.8%	84.4%	4.76	39.7%	1 MNOK
77	R.NEVLAND AS	small	68	28.7%	80.0%	5.00	−1.7%	3 MNOK
78	INTERWELL HOLDING 2 AS	large	68	–	82.7%	0.74	–	–
79	RIG PARTNER PROJECT AS	small	68	16.1%	74.2%	3.84	11.9%	4 MNOK
80	EQUINOR ANGOLA BLOCK 31 AS	large	68	69.3%	44.9%	3.81	−61.1%	1,233 MNOK
81	NYNAS AS	small	68	17.7%	89.2%	5.01	7.0%	46 MNOK
82	LU CAP AS	small	68	84.6%	64.5%	2.67	5.9%	1 MNOK
83	KVERNVOLD INVEST AS	small	68	−27.1%	100.0%	–	76.3%	0 MNOK
84	WELL ID AS	small	68	38.2%	67.2%	1.85	18.2%	61 MNOK
85	OLYMPIC OPERATION AS	medium	68	9.7%	68.5%	3.17	−23.2%	255 MNOK
86	EXXONMOBIL EXPLORATION AND PRODUCTION NORWAY AS	medium	67	–	87.0%	8.70	–	–
87	DOLPHIN DRILLING AS	small	67	1.6%	99.5%	12.46	271.3%	27 MNOK
88	E PLUG AS	medium	67	32.2%	62.7%	1.64	−8.0%	297 MNOK
89	J PERCY AS	small	67	3.5%	70.6%	2.38	232.8%	1 MNOK
90	OLYMPIC HOLDING CHARTERING AS	medium	67	5.5%	60.4%	2.53	9.6%	775 MNOK
91	BUKTA HOLDING AS	small	67	–	79.7%	30.82	–	–
92	EQUINOR IN AMENAS AS	large	67	42.5%	72.8%	1.34	−16.8%	2,116 MNOK
93	ALLAN AS	–	67	–	100.0%	114,353.75	–	–
94	CAPTROL AS	small	67	121.8%	62.0%	2.41	14.9%	4 MNOK
95	OCEAN INSTALLER AS	large	67	23.2%	29.3%	2.08	1.3%	4,113 MNOK
96	TJERBO INVEST AS	small	66	19.6%	87.0%	2.54	−2.5%	0 MNOK
97	FC WELL INVEST AS	small	66	99.7%	99.9%	1.82	−86.4%	97 MNOK
98	NORTH SEA GIANT II AS	medium	66	81.6%	53.6%	2.22	−6.9%	229 MNOK
99	FAMOS ENGINEERING AS	small	66	−7.4%	99.3%	142.75	−41.7%	0 MNOK
100	DOF SUBSEA NORWAY AS	large	66	11.4%	29.7%	1.53	142.4%	2,791 MNOK
101	HVAC OFFSHORE AS	small	66	32.8%	92.1%	12.51	−60.1%	1 MNOK
102	ALTERA INFRASTRUCTURE CREWING AS	small	66	–	100.0%	–	–	–
103	FORCE TECHNOLOGY NORWAY AS	medium	66	10.1%	73.3%	3.37	−13.7%	241 MNOK
104	AKER INSTALLATION FP AS	–	66	–	64.6%	2.60	–	–
105	KOLBEINSVARDEN AS	small	66	0.2%	77.9%	7.45	9.1%	0 MNOK
106	GM DEEPWATER CONSULTANCY AS	small	65	24.4%	76.8%	1.59	13.0%	2 MNOK
107	DET NORSKE OLJESELSKAP AS	small	65	–	95.2%	20.94	–	–
108	GC RIEBER SHIPPING AS	small	65	4.9%	87.1%	17.14	25.5%	31 MNOK
109	PETROMARIN HOLDING AS	small	65	−21.7%	96.0%	5.24	0.0%	5 MNOK
110	NYE FJELLBERG EIENDOM AS	small	65	43.3%	69.5%	38.04	2.4%	1 MNOK
111	EXPLONOR AS	small	65	75.4%	72.5%	1.60	0.9%	3 MNOK
112	TASTA DRILLING AS	small	65	44.8%	61.4%	2.58	7.7%	6 MNOK
113	BELGRAVIA AS	medium	65	–	98.4%	130.79	–	–
114	NORSKAN AS	large	65	–	99.0%	3.66	–	–
115	PETROLIA INVEST AS	–	65	–	73.0%	3.71	–	–
116	REM SALTIRE AS	medium	65	72.8%	48.0%	4.52	−29.6%	147 MNOK
117	IKM HOLDING AS	large	65	–	57.8%	0.66	–	–
118	DOF GROUP ASA	–	64	–	78.5%	0.61	–	–
119	PETROLIA AS	–	64	–	100.0%	–	–	–
120	WEST SUPPLY VII EIER AS	small	64	76.7%	66.5%	1.49	15.1%	28 MNOK
121	MOORE ENERGY AS	small	64	102.4%	49.0%	0.98	382.1%	24 MNOK
122	SOUTH EAST MARINE AS	small	64	–	78.1%	–	–	0 MNOK
123	SKILBREI PETEK AS	small	64	–	62.6%	18.60	–	–
124	KONGSLIEN PETROPHYSICS AS	small	64	–	100.0%	3,734.60	−100.0%	0 MNOK
125	ALLSEAS NORWAY AS	large	64	2.5%	32.7%	1.49	95.4%	1,325 MNOK
126	NORTH ATLANTIC AS	medium	63	13.4%	88.7%	0.48	32.5%	150 MNOK
127	DNO NORTH SEA HOLDING AS	–	63	–	100.0%	352.75	–	–
128	DOLPHIN DRILLING OPERATIONS AS	small	63	3.2%	95.7%	23.21	−34.7%	26 MNOK
129	PETROLIA RIGS AS	–	63	–	41.8%	1.72	–	–
130	EQUINOR ANGOLA BLOCK 15 AS	large	63	45.7%	50.6%	2.90	−55.2%	2,130 MNOK
131	S-ENERGY AS	small	63	–	102.2%	–	–	–
132	INDEPENDENT OIL TOOLS AS	medium	63	17.4%	66.4%	1.51	−5.8%	199 MNOK
133	HALLIBURTON AS	large	63	5.6%	36.5%	1.47	31.1%	13,401 MNOK
134	IK SUBSEA AS	medium	63	11.8%	36.0%	1.65	34.8%	282 MNOK
135	NORTH SEA RIGS AS	small	63	14.5%	48.3%	1.85	22.6%	72 MNOK
136	BUOY JV BIDCO AS	–	63	–	100.0%	47.02	–	–
137	TOOLSERV AS	medium	63	6.0%	51.0%	1.65	13.3%	118 MNOK
138	EQUINOR E&P AMERICAS AS	large	63	–	99.1%	105.55	–	–
139	INEOS E&P (NORGE) PETROLEUM DK AS	–	62	133.7%	55.3%	0.84	297.9%	–
140	RPG NORGE AS	small	62	20.7%	76.7%	4.30	−14.4%	4 MNOK
141	RAMCO HOLDINGS NORWAY AS	medium	62	–	63.4%	0.75	–	–
142	EQUINOR INTERNATIONAL WELL RESPONSE COMPANY AS	small	62	–	100.0%	3,873.38	–	–
143	NORTERMINAL FLOATING STORAGE AS	small	62	–	100.0%	–	–	–
144	BILFINGER ISP OFFSHORE NORWAY AS	large	62	6.7%	79.7%	1.20	10.7%	2,363 MNOK
145	PANDION ENERGY AS	–	62	37.8%	41.8%	1.46	4.7%	–
146	EQUINOR RUSSIA ENERGY AS	small	62	–	72.0%	3.57	–	–
147	INPEX IDEMITSU NORGE AS	large	62	38.0%	45.0%	3.74	−25.3%	5,716 MNOK
148	AT-JOA INVEST AS	small	61	94.4%	74.1%	1.38	−25.5%	0 MNOK
149	DNO YEMEN AS	–	61	95.0%	63.7%	0.02	–	–
150	ODFJELL DRILLING AS	large	61	27.7%	27.6%	1.16	10.7%	1,079 MNOK
151	STATOIL IRAN AS	small	61	–	82.6%	6.00	–	–
152	CONSTRUCTION SERVICES AS	small	61	14.2%	73.0%	3.03	0.5%	10 MNOK
153	HAVILA HARMONY AS	small	61	138.5%	−127.1%	2.71	52.3%	52 MNOK
154	LYNX OFFSHORE AS	small	61	–	71.5%	0.00	–	–
155	PARTNERS GROUP SWAN TRANSPORTATION AS	medium	61	–	31.4%	1.46	–	–
156	JON LINDMAN AS	small	61	−1,560.3%	99.8%	505.42	−38.0%	0 MNOK
157	ARNE STANG INVEST AS	small	61	−203.0%	81.9%	11.00	476.3%	1 MNOK
158	BEERENBERG AS	large	61	–	76.6%	48.87	–	–
159	DF RENTAL AS	small	61	33.3%	39.3%	1.12	10.3%	43 MNOK
160	NØSTE HOLDING AS	small	61	–	100.0%	–	–	0 MNOK
161	EIDESVIK REACH AS	medium	60	33.1%	64.8%	1.01	2.0%	137 MNOK
162	GRAND CANYON 3 AS	medium	60	–	76.9%	0.01	–	–
163	BEERENBERG HOLDING AS	medium	60	–	100.0%	62.62	–	–
164	DF GROUP AS	small	60	−58.2%	56.0%	1.31	1,211.7%	6 MNOK
165	H. CONSULT AND INVEST AS	small	60	–	99.9%	103.74	–	0 MNOK
166	OPTIMISER AS	small	60	−658.2%	98.1%	21.88	–	0 MNOK
167	ODFJELL INVEST AS	large	60	3.2%	34.9%	1.54	18.7%	1,895 MNOK
168	FLUID CONTROL SERVICE AS	medium	60	14.0%	57.5%	1.95	−18.6%	168 MNOK
169	PRA GROUP EUROPE PORTFOLIO AS	small	60	−12.4%	99.8%	3.45	8.4%	10 MNOK
170	IKM AS	small	60	–	100.0%	–	–	0 MNOK
171	SANDEX AS	small	60	–	100.0%	3.18	–	–
172	OLD KVÆRNER INVEST AS	small	60	–	36.3%	3.35	–	–
173	INTERWELL NORWAY AS	large	60	15.6%	49.9%	1.76	−8.1%	1,904 MNOK
174	NORTH SEA GIANT AS	medium	60	8.2%	79.4%	0.65	1.8%	410 MNOK
175	MOHR AS	small	59	1.7%	82.7%	4.31	10.9%	3 MNOK
176	AKASTOR ASA	small	59	−780.0%	96.6%	4.60	150.0%	5 MNOK
177	JWS GRUPPEN AS	small	59	−0.2%	77.9%	1.79	4.3%	14 MNOK
178	ASSET INTEGRITY AS	small	59	10.0%	56.6%	2.11	−3.1%	17 MNOK
179	TECHDOF BRASIL AS	–	59	54.4%	38.4%	0.71	50.5%	–
180	DEEP CYGNUS OPERATION AS	medium	59	5.4%	39.3%	1.63	37.3%	144 MNOK
181	EQUINOR CHINA AS	small	59	–	96.6%	29.72	–	–
182	IKM TESTING AS	large	59	10.5%	35.5%	1.30	−3.3%	1,935 MNOK
183	SUNDOWN INVEST AS	small	59	–	30.3%	1.26	–	0 MNOK
184	GOGC ENERGY NORWAY AS	small	59	–	100.0%	–	–	0 MNOK
185	SUBSEA 7 NORWAY AS	large	59	15.5%	25.3%	1.54	−2.0%	11,398 MNOK
186	JOHANNES ØSTENSJØ DY AS	small	59	−28,990.9%	95.3%	3.76	25.7%	0 MNOK
187	IKM AQUAMARINE AS	medium	59	11.6%	49.7%	1.91	−15.4%	144 MNOK
188	GRAND CANYON OPERATION 3 AS	medium	58	13.2%	28.3%	2.50	−0.3%	166 MNOK
189	FLOWPARTNER AS	small	58	2.8%	80.5%	5.05	−59.5%	28 MNOK
190	VISION OF ENERGY AS	small	58	–	99.3%	140.32	–	–
191	HAUKAAS CONSULTING AS	small	58	39.2%	75.8%	0.85	−16.9%	3 MNOK
192	SEA1 OFFSHORE AS	medium	58	0.5%	53.9%	1.57	18.8%	183 MNOK
193	RAMCO NORWAY AS	medium	58	25.7%	23.1%	1.24	21.1%	271 MNOK
194	OLYMPIC TAURUS AS	small	58	76.4%	52.0%	0.11	1.8%	92 MNOK
195	AMA OCEAN AS	small	58	–	90.4%	13.89	–	–
196	EQUINOR ENERGY AS	–	57	67.4%	38.3%	0.80	−1.7%	–
197	SAIPEM NORGE AS	small	57	8.9%	41.9%	1.72	16.5%	82 MNOK
198	DIATEK AS	small	57	18.5%	85.8%	5.98	−9.2%	0 MNOK
199	AKER SOLUTIONS FINANCIAL HOLDING AS	small	57	–	99.3%	143.66	–	–
200	AKOFS OFFSHORE AS	–	57	–	77.7%	12.40	–	–
201	M VEST INVEST 2 AS	small	57	–	97.8%	0.52	–	0 MNOK
202	DEEPOCEAN GROUP HOLDING AS	medium	57	2.7%	39.8%	1.57	61.0%	428 MNOK
203	OLYMPIC CHALLENGER AS	medium	57	68.5%	55.9%	0.52	−14.3%	122 MNOK
204	MORE HOLDCO APPLY AS	medium	57	–	72.4%	1.03	–	–
205	MANGERUD AS	small	57	36.5%	20.7%	1.20	8.6%	3 MNOK
206	SEA1 OFFSHORE CREW AS	medium	57	3.0%	58.2%	2.22	−64.2%	112 MNOK
207	BOKA TOPAZ OPERATION AS	medium	57	3.1%	53.1%	2.11	10.9%	189 MNOK
208	STATOIL SP GAS AS	medium	57	–	32.6%	55.92	–	–
209	APL NORWAY AS	–	57	13.8%	54.6%	1.49	6.5%	–
210	DOF SUBSEA REDERI AS	–	57	44.3%	40.9%	1.02	18.1%	–
211	KINNA AS	small	57	59.0%	87.1%	7.53	−64.5%	0 MNOK
212	REPSOL PERPETUAL NORGE AS	small	56	–	98.3%	58.48	–	–
213	IZOMAX AS	medium	56	26.5%	45.7%	0.71	9.3%	198 MNOK
214	HARBOUR ENERGY NORGE AS	–	56	57.3%	21.9%	1.53	−1.7%	–
215	BENGT ARE WÅGHEIM HOLDING AS	small	56	14.5%	28.3%	1.25	22.1%	4 MNOK
216	PROPROC AS	small	56	50.7%	16.5%	1.20	3.5%	3 MNOK
217	SCAN TECH AS	medium	56	2.5%	82.7%	1.56	4.9%	266 MNOK
218	ROCKWOOD CONSULTING AS	small	56	36.0%	8.6%	1.09	18.2%	3 MNOK
219	PETROJARL I PRODUCTION AS	medium	56	18.7%	92.5%	13.29	−83.4%	141 MNOK
220	AKASTOR AS	small	55	−29.2%	75.7%	3.78	4.5%	59 MNOK
221	HAVILA SUBCON AS	medium	55	72.6%	−3.0%	1.63	87.5%	117 MNOK
222	PSW SOLUTIONS AS	small	55	19.3%	21.7%	1.17	6.0%	100 MNOK
223	KAEFER ENERGY AS	large	55	6.9%	19.2%	1.07	36.8%	3,511 MNOK
224	WEST SUPPLY III AS	medium	55	28.4%	76.8%	1.11	−25.6%	372 MNOK
225	NORMAND SUPERIOR AS	small	55	68.8%	19.2%	1.36	13.4%	96 MNOK
226	INTERWELL HOLDING 1 AS	large	55	–	64.8%	0.38	–	–
227	NORWEGIAN WELL CONTROL AS	small	55	–	90.7%	10.72	–	0 MNOK
228	KIMEK OFFSHORE AS	small	54	10.8%	18.4%	1.26	22.2%	36 MNOK
229	SIEM OFFSHORE OPCO AS	–	54	8.7%	0.1%	1.65	101.0%	–
230	EQUINOR LNG SHIP HOLDING AS	medium	54	–	100.0%	–	–	–
231	JACKTEL AS	–	54	34.1%	47.1%	0.82	35.4%	–
232	KRAGSET ALT MULIG AS	small	54	35.0%	32.1%	0.91	–	1 MNOK
233	COSL OFFSHORE MANAGEMENT AS	large	54	−1.9%	46.4%	1.79	58.1%	5,220 MNOK
234	INTELLISERV NORWAY AS	medium	54	7.4%	40.9%	1.35	52.5%	186 MNOK
235	CIMC OFFSHORE AS	large	54	25.8%	−13.5%	4.31	23.7%	1,288 MNOK
236	RIG LINUS CONTRACTOR AS	–	54	11.9%	14.7%	1.17	38.6%	–
237	IQI CERTIFICATION AS	small	54	6.2%	64.3%	2.80	−68.8%	0 MNOK
238	SEA1 OFFSHORE MARITIME PERSONNEL AS	–	54	3.1%	47.1%	1.78	−62.5%	–
239	NORTH SEA SHIPPING AS	medium	53	0.2%	46.0%	1.80	35.1%	434 MNOK
240	NOS RENTAL AS	small	53	21.0%	27.2%	1.18	20.4%	50 MNOK
241	NORPIPE OIL AS	medium	53	38.1%	22.4%	1.75	1.0%	297 MNOK
242	ALTERA INFRASTRUCTURE PRODUCTION AS	medium	53	10.8%	24.1%	1.27	62.9%	724 MNOK
243	ORLEN UPSTREAM NORWAY AS	large	53	44.0%	28.0%	0.99	−9.2%	28,457 MNOK
244	INDUSTRIDYKK AS	small	53	5.8%	19.3%	1.58	22.1%	20 MNOK
245	SUPERIOR ENERGY SERVICES (NORWAY) AS	small	53	0.1%	53.0%	2.13	68.9%	31 MNOK
246	KVENNA AS	medium	52	9.4%	33.9%	1.64	4.6%	108 MNOK
247	MYRHAUG MARINE AS	small	52	1.1%	63.9%	2.70	−14.1%	5 MNOK
248	ON & OFFSHORE HOLDING AS	small	52	–	60.6%	0.60	–	–
249	SUB AQUA TECHNOLOGY SAT AS	small	52	−24.7%	97.5%	0.67	–	1 MNOK
250	OLYMPIC OFFSHORE WIND AS	medium	52	52.8%	30.7%	1.68	−38.8%	110 MNOK
251	AXTECH AS	medium	52	6.7%	32.4%	1.29	14.3%	296 MNOK
252	DOF SUBSEA CHARTERING AS	–	52	7.7%	13.2%	1.11	110.0%	–
253	DOF SUBSEA REDERI III AS	medium	52	38.6%	21.1%	0.33	61.7%	228 MNOK
254	BW OFFSHORE NORWAY AS	medium	52	5.1%	29.6%	1.46	−8.6%	386 MNOK
255	WOOD GROUP NORWAY AS	large	52	2.8%	23.1%	1.24	13.2%	2,423 MNOK
256	ATDL AS	–	52	–	97.1%	17.66	–	–
257	DNO ASA	–	52	−85.9%	42.6%	4.40	12.3%	–
258	GINA KROG AS	small	51	–	99.0%	98.67	−100.0%	0 MNOK
259	SEA1 OFFSHORE INVEST AS	small	51	−1,292.0%	99.7%	167.28	−99.9%	0 MNOK
260	VHV CONSULTING AS	small	51	–	85.8%	25.68	−100.0%	0 MNOK
261	ATLANTIC OFFSHORE ALPHA AS	small	51	−0.7%	56.2%	7.33	11.9%	49 MNOK
262	EQUINOR PROJECTS HOLDING AS	medium	51	–	100.0%	–	–	–
263	YOUNG EXPLORATION AS	small	51	–	13.0%	13.70	–	–
264	APPLY AS	large	51	2.4%	18.8%	1.17	26.0%	5,019 MNOK
265	JAPEX NORGE AS	medium	51	−17.1%	68.9%	5.93	40.6%	269 MNOK
266	TENDEKA AS	–	51	4.0%	21.7%	1.27	49.8%	–
267	TECHNIP COFLEXIP NORGE AS	–	51	–	34.6%	0.27	–	–
268	AKER SOLUTIONS HOLDING AS	medium	51	−2.7%	84.3%	0.84	17.1%	203 MNOK
269	REM SUBSEA AS	medium	51	55.1%	41.5%	1.40	−34.6%	175 MNOK
270	SUB SEA SERVICES AS	medium	51	21.2%	31.3%	1.03	−12.1%	287 MNOK
271	KOKSTAD CHARTERING AS	small	51	–	11.1%	1.07	–	–
272	DNO TECHNICAL SERVICES AS	–	50	0.0%	40.2%	5.41	7.9%	–
273	ONESUBSEA AS	large	50	7.5%	14.6%	1.30	−3.2%	14,851 MNOK
274	A/S Norske Shell	large	50	81.2%	4.2%	1.04	−2.9%	25,249 MNOK
275	ALTERA KNARR AS	medium	50	–	36.3%	1.57	–	–
276	AKA SPH AS	small	50	–	100.0%	–	–	–
277	DOF SUBSEA ATLANTIC AS	medium	50	–	46.1%	0.38	–	–
278	BOSKALIS OFFSHORE AS	–	50	1.7%	38.7%	1.63	15.2%	–
279	SCANWELL AS	small	50	10.9%	33.6%	0.84	11.4%	43 MNOK
280	TRADE TECH AS	small	50	5.6%	16.8%	1.08	33.3%	47 MNOK
281	DEEP C SOLUTIONS AS	small	50	3.2%	20.6%	1.15	17.9%	79 MNOK
282	OLYMPIC ELECTRA AS	small	50	83.7%	−22.6%	0.10	27.3%	57 MNOK
283	PETRICA AS	small	50	–	100.0%	–	–	–
284	TIOS CREWING AS	small	50	1.8%	34.9%	1.54	4.7%	72 MNOK
285	OLYMPIC TRITON II AS	small	50	61.4%	35.7%	0.16	−16.4%	75 MNOK
286	EQUINOR DEZASSETE AS	large	50	57.4%	16.7%	1.01	−10.2%	4,791 MNOK
287	SOLSTAD OPERATIONS HOLDING AS	medium	50	–	92.1%	5.92	–	–
288	HAVILA SUBSEA MANAGEMENT AS	small	50	−7.7%	74.5%	3.08	−1.5%	39 MNOK
289	ARISONAS AS	small	50	–	37.2%	–	–	–
290	EQUINOR BTC FINANCE AS	medium	49	–	8.4%	1.03	–	–
291	HAVILA SUBSEA CREWING AS	small	49	15.8%	21.0%	1.27	20.0%	2 MNOK
292	GLOMAR MINERALS AS	small	49	–	100.0%	–	–	0 MNOK
293	MORELD GROUP AS	small	49	−32.9%	63.2%	1.28	11.5%	46 MNOK
294	EQUINOR ANGOLA BLOCK 17 AS	large	49	53.8%	17.3%	1.00	−10.3%	6,398 MNOK
295	E INNOVATION NORGE AS	small	49	36.4%	5.0%	1.06	−11.6%	43 MNOK
296	OCEAN INSTALLER II AS	large	49	–	41.6%	0.78	–	0 MNOK
297	SAGA OFFSHORE PARTNERS AS	small	49	−1.4%	44.5%	1.39	38.0%	11 MNOK
298	ALLOCEAN AS	small	49	–	97.9%	35.27	–	–
299	HUNTING ENERGY SERVICES (NORWAY) AS	small	48	−27.0%	96.1%	22.37	−20.6%	31 MNOK
300	MCPHERSON AS	small	48	−1.3%	47.7%	1.91	67.1%	1 MNOK
301	VERTECH OFFSHORE AS	small	48	6.0%	33.9%	2.01	−53.5%	41 MNOK
302	RUTINE INVEST AS	small	48	–	100.0%	–	–	–
303	ODFJELL INVEST II AS	large	48	2.8%	12.9%	1.15	21.4%	1,746 MNOK
304	WEST SUPPLY VII DRIFT AS	small	48	3.5%	22.0%	1.28	10.0%	39 MNOK
305	DF PROPERTIES AS	small	48	99.9%	1.6%	1.02	–	7 MNOK
306	DEEPOCEAN AS	large	48	14.8%	14.1%	0.57	15.3%	7,019 MNOK
307	CEMAS AS	small	48	–	21.3%	0.90	−100.0%	0 MNOK
308	KANFA AS	medium	48	1.9%	29.4%	1.46	26.0%	503 MNOK
309	EQUINOR ANGOLA BLOCK 25 AS	small	47	–	63.8%	2.76	–	–
310	FEISTEIN AS	small	47	–	87.6%	0.75	–	0 MNOK
311	AKER BP ASA	–	47	43.5%	25.1%	1.31	−11.6%	–
312	CMO AS	small	47	−381.6%	100.0%	–	−20.2%	0 MNOK
313	SOLSTAD CONSTRUCTION AS	medium	47	32.4%	51.6%	0.56	−70.9%	387 MNOK
314	PARTNERS GROUP SWAN HOLDING AS	large	47	–	8.4%	0.08	–	–
315	DNO IRAQ AS	–	47	3.0%	71.2%	1.24	−8.6%	–
316	SCANA HOLDING AS	medium	47	–	84.3%	1.03	–	–
317	EQUINOR TANZANIA AS	medium	47	–	93.6%	15.32	–	–
318	DOF OFFSHORE HOLDING AS	–	47	–	63.1%	1.03	–	–
319	NINE DOWNHOLE NORWAY AS	small	47	−1.2%	15.1%	2.57	21.0%	98 MNOK
320	ARCHER OILTOOLS AS	large	47	15.9%	3.9%	1.73	0.4%	1,339 MNOK
321	ISLAND DRILLING MANAGEMENT AS	small	47	1.6%	46.7%	1.88	−15.2%	50 MNOK
322	EQUINOR VENTURES AS	small	47	−777.6%	99.8%	71.09	−54.5%	32 MNOK
323	TOTALENERGIES EP NORGE AS	large	47	66.2%	9.5%	0.90	−11.1%	61,500 MNOK
324	EQUINOR ASA	–	47	8.2%	37.9%	0.88	−6.3%	–
325	AKER SOLUTIONS AS	large	47	4.1%	13.4%	1.11	16.8%	59,801 MNOK
326	VÅR ENERGI ASA	–	46	51.7%	2.1%	0.61	8.7%	–
327	ARCHER VERTIKAL AS	medium	46	3.4%	20.3%	1.07	88.3%	388 MNOK
328	WEST ASSET MANAGEMENT AS	small	46	0.0%	23.4%	1.28	152.0%	34 MNOK
329	SUPPLY CHAIN MANAGEMENT SERVICES AS	small	46	0.0%	59.5%	1.77	−7.0%	52 MNOK
330	PERENCO VIETNAM AS	–	46	34.4%	41.1%	0.59	−56.8%	–
331	NORTH SEA SHIPPING HOLDING AS	small	46	−1,762.0%	43.3%	1.82	0.0%	2 MNOK
332	SAIPEM DRILLING NORWAY AS	–	45	24.4%	23.7%	0.24	3.1%	–
333	KNUTSEN NEW ENERGY AS	small	45	–	98.7%	0.45	–	–
334	OMV NORGE AS	large	45	52.1%	8.1%	0.98	−12.7%	16,747 MNOK
335	OLYMPIC CREWING AS	medium	45	2.3%	7.6%	1.08	14.8%	494 MNOK
336	CABRAL AS	small	45	−0.2%	13.9%	1.16	24.1%	1 MNOK
337	LANGE RIGGPART AS	small	45	–	−3,650,915,700.0%	–	–	–
338	NORTH SEA OFFSHORE AS	small	45	0.3%	4.7%	1.05	25.6%	85 MNOK
339	IK GROUP AS	small	45	149.8%	14.2%	0.82	−24.3%	1 MNOK
340	MODI VIVENDI AS	small	45	–	−475.7%	8.50	–	0 MNOK
341	ARCHER AS	large	45	5.5%	26.7%	1.05	−27.9%	4,217 MNOK
342	BRIGHTSKIES GEOSCIENCE AS	small	44	–	100.0%	–	–	0 MNOK
343	TRANSOCEAN BARENTS ASA	–	44	25.7%	15.4%	0.69	298.9%	–
344	NORTH SEA INFRASTRUCTURE AS	medium	44	38.4%	16.6%	0.52	−5.5%	840 MNOK
345	TARGS AS	small	44	−190.6%	89.2%	9.26	−91.7%	0 MNOK
346	MACRO OFFSHORE AS	–	44	–	60.8%	1.40	–	–
347	STATHOLDING AS	large	44	–	27.8%	1.39	–	–
348	WELLTEC OILFIELD SERVICES (NORWAY) AS	medium	44	4.6%	3.6%	0.96	24.9%	857 MNOK
349	ALFA NORDIC SERVICES AS	small	44	1.3%	42.4%	2.39	−58.8%	22 MNOK
350	THREE60 ENERGY NORWAY AS	medium	44	1.0%	36.6%	1.22	−7.7%	654 MNOK
351	PHRONTESEAS AS	small	44	−1.5%	38.8%	1.44	−25.1%	41 MNOK
352	OLYMPIC CREW MANAGEMENT AS	medium	44	2.6%	0.5%	1.01	28.0%	102 MNOK
353	IKM GRUPPEN AS	medium	43	−44.5%	52.7%	0.78	12.8%	102 MNOK
354	H&P DRILLING NORGE AS	large	43	5.2%	14.0%	1.11	7.7%	2,200 MNOK
355	RIGHT VIKING AS	small	43	96.2%	−14.8%	–	–	0 MNOK
356	OLYMPIC OFFSHORE AS	medium	43	–	68.5%	0.00	–	–
357	IKM INDUSTRI-INVEST AS	medium	43	–	47.3%	4.41	–	–
358	DIESEL CARE AS	small	43	12.5%	2.6%	2.10	−0.3%	7 MNOK
359	IBEX AS	small	43	−12.9%	86.0%	0.23	–	0 MNOK
360	EQUINOR ANGOLA AS	small	43	−137.9%	88.8%	6.02	−6.4%	2 MNOK
361	OLYMPIC SHIP INTERNATIONAL AS	small	43	–	84.1%	6.29	–	–
362	DEEP SEA DRILLING COMPANY AS	large	43	3.3%	11.9%	1.14	3.3%	1,821 MNOK
363	HAVILA SERVICE AS	small	43	1.8%	−9.6%	1.01	38.5%	70 MNOK
364	ON & OFFSHORE SERVICES AS	medium	43	4.5%	17.1%	1.16	6.8%	188 MNOK
365	WEATHERFORD NORGE AS	large	43	1.5%	28.6%	0.80	41.3%	1,174 MNOK
366	PETRODATA AS	small	43	−92.1%	86.4%	7.06	−60.5%	0 MNOK
367	OTECH MARINE SERVICES NORWAY AS	small	43	36.0%	7.8%	0.70	−53.4%	54 MNOK
368	CK DRIFT AS	small	43	13.4%	14.0%	0.91	−11.8%	1 MNOK
369	SCANA ASA	small	43	−87.5%	71.2%	0.75	−3.7%	24 MNOK
370	DNO VENTURE AS	–	42	–	100.0%	–	–	–
371	CONOCOPHILLIPS SKANDINAVIA AS	large	42	47.4%	4.2%	0.63	−4.7%	39,871 MNOK
372	EQUINOR ALGERIA AS	small	42	–	88.2%	7.99	–	–
373	LOGE RESOURCES AS	small	42	2.3%	20.7%	1.02	−3.1%	2 MNOK
374	GRAND CANYON OPERATION 2 AS	medium	42	2.9%	9.8%	2.78	−12.1%	172 MNOK
375	WELL SUPPORT AS	small	42	28.2%	−54,477.1%	0.00	183.6%	0 MNOK
376	PETORO AS	medium	42	−0.9%	12.8%	2.36	11.4%	359 MNOK
377	WELLPARTNER AS	small	41	−8.2%	74.8%	1.24	−30.3%	97 MNOK
378	VOLANTIS OPERATION AS	medium	41	4.5%	−1.7%	2.09	0.4%	112 MNOK
379	MARDAHL INVEST AS	small	41	−636.6%	90.4%	0.99	–	0 MNOK
380	NORAM DRILLING AS	–	41	−622.7%	89.0%	0.09	0.0%	–
381	LINJEBYGG AS	large	41	1.6%	22.7%	1.12	−6.2%	1,206 MNOK
382	DEEPOCEAN MARITIME AS	small	41	–	83.2%	6.72	–	–
383	APC AS	small	41	–	90.7%	10.28	–	0 MNOK
384	INTERWELL AS	small	41	−48.4%	18.7%	4.12	−13.3%	97 MNOK
385	SOLSTAD SUPERIOR AS	medium	40	12.8%	5.4%	0.54	22.6%	191 MNOK
386	ODFJELL TERMINALS GLOBAL HOLDING AS	medium	40	–	100.0%	0.24	–	–
387	ENHANCED DRILLING HOLDING AS	large	40	–	59.5%	0.60	–	0 MNOK
388	WAVZ ENGINEERING SERVICES AS	small	40	−6.9%	37.8%	1.58	3.8%	2 MNOK
389	GIGGS OIL AND GAS SERVICES AS	small	40	–	23.2%	0.04	–	–
390	NORTHERN OCEAN WAVE AS	small	40	–	1.8%	1.02	–	–
391	EQUINOR ANGOLA BLOCK 46 AS	medium	40	–	91.7%	1.33	–	–
392	IKM SUBSEA HOLDING AS	small	40	–	84.4%	1.04	–	–
393	SEA1 MARINE CREW AS	medium	40	0.8%	2.1%	1.01	366.2%	196 MNOK
394	GHANA FPSO OPERATIONS AS	–	40	2.6%	3.0%	0.87	15.6%	–
395	JANSEN OG WILLUMSEN SERVICES AS	small	40	−6.8%	44.4%	1.78	−26.0%	59 MNOK
396	NOV PROCESS & FLOW TECHNOLOGIES AS	large	39	4.8%	3.7%	1.01	44.3%	3,979 MNOK
397	SF-GASS AS	small	39	–	−50.3%	1,100.98	–	–
398	HAVILA SUBSEA & RENEWABLES AS	small	39	−12,872.1%	36.3%	7.32	−63.2%	0 MNOK
399	ENHANCED WELL TECHNOLOGIES AS	large	39	–	43.3%	0.63	–	0 MNOK
400	RIDGE HOLDING AS	medium	39	–	77.9%	0.38	–	–
401	OLYMPIC SUBSEA ASA	large	39	–	12.0%	4.03	–	–
402	IO ULSTEINVIK AS	small	39	−0.1%	1.8%	1.02	5.1%	53 MNOK
403	ODFJELL TECHNOLOGY AS	medium	39	3.3%	34.0%	0.70	−12.3%	478 MNOK
404	DEEP SEA RIG AS	large	39	2.8%	7.5%	1.08	12.2%	1,795 MNOK
405	SCMS HOLDING AS	small	39	–	2.8%	1.46	–	–
406	AKOFS NORWAY OPERATIONS AS	medium	39	−0.6%	41.5%	1.71	−6.5%	801 MNOK
407	BABYSHOP SENGEMAGASINET AS	small	39	4.8%	−8.5%	1.41	−0.2%	7 MNOK
408	NORMAND DRIFT AS	medium	38	−5.8%	55.8%	1.89	−73.1%	348 MNOK
409	EQUINOR NIGERIA AS	large	38	–	28.2%	1.20	–	–
410	SEA1 OFFSHORE OSCV AS	–	38	–	63.6%	0.01	–	–
411	BEERENBERG SERVICES AS	large	38	7.2%	20.4%	0.89	−26.1%	2,011 MNOK
412	MACRO OFFSHORE OPERATIONS AS	small	38	2.7%	1.1%	0.91	–	26 MNOK
413	M VEST INVEST AS	small	38	–	2.1%	–	–	–
414	ORG ENGINEERING AS	small	38	–	−80,287.1%	0.00	–	0 MNOK
415	WELLESLEY PETROLEUM AS	small	38	−5,957.7%	53.7%	14.21	–	3 MNOK
416	AKER SOLUTIONS ASA	small	38	−79.2%	31.0%	0.44	−7.0%	53 MNOK
417	EQUINOR ENERGY INTERNATIONAL AS	large	37	–	92.6%	0.16	–	–
418	H&P OFFSHORE AS	–	37	–	44.0%	1.79	–	–
419	AKER SECURITY AS	medium	37	3.3%	29.6%	1.34	–	116 MNOK
420	ABILITY HOLDING AS	small	37	−68,786.2%	53.9%	7.83	–	0 MNOK
421	SFAX PETROLEUM CORPORATION AS	–	37	–	54.6%	0.82	–	–
422	HAVILA SUBSEA & RENEWABLES HOLDING AS	medium	37	–	98.4%	0.03	–	–
423	OCEAN INSTALLER HOLDING AS	large	37	–	48.0%	0.13	–	–
424	VESTERVIND CONTRACTORS AS	small	37	−103.2%	32.2%	0.86	689.8%	6 MNOK
425	SCHLUMBERGER NORGE AS	large	36	7.9%	8.9%	1.04	30.2%	13,012 MNOK
426	INEOS E&P NORGE AS	large	36	–	16.1%	1.19	−100.0%	0 MNOK
427	IKM SUBSEA AS	medium	36	10.9%	16.3%	0.43	4.7%	474 MNOK
428	ADOON AS	–	36	–	43.3%	1.01	–	–
429	SUBSEA INSULATION AS	small	36	0.8%	−69.5%	2.71	−54.2%	4 MNOK
430	ENHANCED WELL TECHNOLOGIES GROUP AS	medium	36	–	89.1%	0.02	–	–
431	HAVILA MARITIME DIS I AS	small	36	38.3%	0.0%	0.91	−18.8%	48 MNOK
432	INGINEERING AS	small	36	−12.9%	72.1%	3.59	−62.0%	0 MNOK
433	FOURPHASE AS	medium	35	−8.5%	60.4%	1.54	−17.6%	165 MNOK
434	DEEP C HOLDING AS	small	35	−2,477.4%	13.4%	0.78	–	0 MNOK
435	ODFJELL OPERATIONS AS	large	35	0.9%	15.6%	1.22	2.9%	1,209 MNOK
436	STATOIL ZAGROS OIL AND GAS AS	small	35	–	−137.7%	13.82	–	–
437	LINJEBYGG NORWAY AS	medium	35	–	2.8%	2.23	–	–
438	OFFSHORE RESOURCE GROUP AS	small	35	24.3%	−19.7%	0.84	−65.5%	13 MNOK
439	OLYMPIC SUBSEA SHIPHOLDING AS	large	35	–	41.6%	0.00	–	–
440	CONNECTOR SUBSEA SOLUTIONS AS	small	35	−0.9%	29.0%	0.79	−37.9%	86 MNOK
441	ARCHER NORGE AS	large	35	−1.2%	24.8%	0.54	12.9%	1,008 MNOK
442	TCO GROUP AS	small	35	−11,154.9%	29.3%	2.26	−99.0%	0 MNOK
443	REX GEO SOLUTION AS	small	35	1.1%	15.2%	1.12	−31.0%	1 MNOK
444	ENHANCED DRILLING INTERNATIONAL II AS	small	35	–	66.7%	0.00	–	–
445	JERAN HOLDING AS	small	34	–	57.5%	0.01	–	0 MNOK
446	EQUINOR LIBYA AS	small	34	−160.9%	53.5%	2.14	−10.3%	13 MNOK
447	DET NORDNORSKE OLJESELSKAP AS	small	34	–	54.7%	2.49	−100.0%	0 MNOK
448	BISN NORWAY AS	small	34	−14.2%	−23.7%	1.24	406.6%	21 MNOK
449	AEONIAN 36 AS	medium	34	–	17.2%	0.92	–	–
450	M VEST ENERGY AS	medium	34	15.3%	−6.6%	1.15	−10.8%	726 MNOK
451	TASIK TOBA SUBSEA AS	small	34	6.5%	−3.3%	0.93	1.5%	97 MNOK
452	DEEPOCEAN AMERICAS AS	small	34	–	60.0%	2.50	–	–
453	SONGA OFFSHORE RIG 3 AS	–	34	6.0%	−1.3%	0.74	1.1%	–
454	MOHN DRILLING AS	medium	33	−5.1%	28.3%	1.31	−52.8%	111 MNOK
455	SONGA OFFSHORE RIG 2 AS	–	33	–	2.6%	1.03	–	–
456	DEEP SEA MANAGEMENT INTERNATIONAL AS	–	33	1.2%	15.6%	1.18	−32.7%	–
457	REMOTION AS	small	33	−9.5%	47.4%	1.03	−36.1%	54 MNOK
458	SCORE AS	medium	33	7.6%	17.0%	1.11	–	279 MNOK
459	ODFJELL TERMINALS US HOLDING AS	medium	33	–	95.7%	0.00	–	–
460	AKOFS OFFSHORE OPERATIONS AS	medium	33	11.7%	−33.4%	1.58	−1.9%	107 MNOK
461	ISLAND OFFSHORE CREWING AS	medium	33	−0.1%	7.6%	1.08	3.7%	297 MNOK
462	ENHANCED DRILLING INTERNATIONAL AS	small	33	10.0%	−1.1%	1.00	–	91 MNOK
463	HYPERNOR AS	small	33	–	−2.4%	644.72	–	–
464	EQUINOR ANGOLA BLOCK 29 AS	small	33	–	62.9%	2.70	–	–
465	AKOFS 2 AS	medium	33	−32.3%	34.6%	1.26	−6.9%	162 MNOK
466	TDW OFFSHORE SERVICES AS	medium	33	−0.4%	44.9%	1.11	−33.7%	156 MNOK
467	RAVEN INVEST AS	small	32	–	25.9%	1.35	–	–
468	DEEP SEA MANAGEMENT AS	large	32	1.1%	3.5%	1.04	5.5%	2,794 MNOK
469	EQUINOR MIDSTREAM & TRADING AS	large	32	–	40.3%	0.99	–	–
470	SPIRIT NORWAY HOLDING AS	large	32	–	76.2%	0.58	−100.0%	0 MNOK
471	HEYGAZ NORWAY AS	small	32	−291.8%	72.9%	0.72	–	2 MNOK
472	ATTICA EXPLORATION AS	medium	32	–	39.1%	1.00	–	–
473	DNO NORGE AS	–	32	17.9%	15.6%	0.34	−75.9%	–
474	NORDIC SUBSEA AS	small	31	−13.0%	12.1%	0.58	46.2%	7 MNOK
475	NAMTVEDT -SEALMAKER SERVICES AS	small	31	0.6%	−111.7%	0.86	9.7%	7 MNOK
476	ENIFLUX AS	small	31	1.3%	−7.4%	1.47	−53.5%	4 MNOK
477	ROV & DYKKER SERVICE AS	small	31	−37.7%	54.4%	1.03	−16.4%	2 MNOK
478	H&P DRILLING OFFSHORE SERVICES AS	–	31	9.7%	−150.1%	0.40	−35.4%	–
479	DEEPOCEAN CORPORATE AS	medium	31	1.1%	0.1%	1.00	116.6%	141 MNOK
480	GLOBAL GEO SERVICES AS	small	31	–	5.6%	3,263.94	–	0 MNOK
481	SAREPTA OIL AS	small	30	–	0.0%	1.00	–	0 MNOK
482	OLYMPIC OPERATION II AS	small	30	–	11.6%	1.13	–	–
483	GEO CASPIAN OPERATION AS	small	30	–	−288.6%	203.19	–	–
484	OKEA ASA	–	30	−4.3%	3.2%	1.49	–	–
485	HAVILA PHOENIX AS	small	29	–	−4.4%	2.27	–	–
486	TWMA NORGE AS	small	29	−5.1%	−15.1%	0.78	23.8%	37 MNOK
487	DEEP SEA DRILLING COMPANY I AS	small	29	−7.9%	13.4%	1.16	−98.2%	3 MNOK
488	SEABED VISION AS	small	29	–	37.5%	1.07	–	–
489	NDT GLOBAL AS	small	29	−30.2%	31.5%	0.44	−5.7%	90 MNOK
490	SOLSTAD BRASIL AS	small	29	–	41.9%	1.07	–	–
491	PETROLIA NOCO AS	medium	29	15.7%	0.1%	0.51	−11.0%	635 MNOK
492	WELL INTERCEPT AS	small	29	−23.0%	28.2%	0.39	−9.0%	4 MNOK
493	CAPPELEN OFFSHORE SERVICES AS	small	29	–	−62.0%	0.62	–	–
494	SUBSEAPARTNER AS	medium	28	0.8%	27.6%	1.11	−20.2%	142 MNOK
495	CONNECTOR DEEPWATER SOLUTIONS AS	small	28	−4.0%	2.6%	1.41	–	23 MNOK
496	YMIR ENERGY AS	small	28	–	−1,779.1%	–	–	–
497	ARENDAL SPIRIT AS	small	28	–	31.1%	1.45	–	–
498	ODFJELL WELL SERVICES AS	medium	28	0.2%	2.7%	0.94	34.7%	137 MNOK
499	PSW TECHNOLOGY AS	medium	27	−2.4%	21.8%	0.79	−13.7%	672 MNOK
500	RM CONSULTANTS AS	small	27	–	12.0%	0.46	–	–
501	RIG HERCULES CONTRACTOR AS	medium	27	2.4%	3.0%	1.03	–	287 MNOK
502	EQUINOR ANGOLA BLOCK 1/14 AS	medium	27	–	61.8%	0.72	–	–
503	EQUINOR ANGOLA BLOCK 40 AS	small	26	–	25.1%	1.33	–	–
504	REPSOL NORGE AS	large	26	−24.1%	10.6%	2.07	−19.7%	5,522 MNOK
505	H&P MODU OPERATIONS AS	large	26	2.6%	0.3%	0.95	1.3%	1,465 MNOK
506	ODFJELL WELL SERVICES NORWAY AS	medium	26	−0.1%	6.2%	0.93	9.0%	954 MNOK
507	COSL NORWEGIAN AS	–	25	–	−84.4%	0.50	–	–
508	PETRO WELL SERVICES AS	small	25	−578.6%	5.7%	1.50	−3.5%	3 MNOK
509	PETROLINK SUPPORT AS	small	25	−47.4%	13.6%	1.16	–	1 MNOK
510	IKM FLUID TREATMENT SOLUTIONS AS	small	25	−30.3%	19.0%	1.19	−59.3%	26 MNOK
511	OLYMPIC DELTA AS	small	25	−58.1%	37.1%	0.04	−29.1%	49 MNOK
512	DNO BIDCO AS	–	25	–	50.0%	–	–	–
513	DNO MIDDLE EAST AND AFRICA AS	–	25	–	50.0%	–	–	–
514	ISLAND DRILLING CREWING AS	medium	24	−0.1%	0.1%	1.00	6.2%	160 MNOK
515	SOLSTAD MEXICO AS	–	24	–	6.2%	2.87	–	–
516	BRIARWOOD INVEST I AS	small	24	–	0.1%	0.00	–	–
517	HAVILA CHARTERING AS	medium	24	−0.8%	−119.3%	0.46	35.9%	178 MNOK
518	SELNES GEOSCIENCE CONSULTING AS	small	24	−11.6%	−241.5%	0.29	36.6%	1 MNOK
519	DOLPHIN DRILLING OFFSHORE AS	medium	24	−142.7%	29.6%	2.16	−16.0%	284 MNOK
520	EQUINOR ANGOLA BLOCK 31/21 AS	small	24	–	33.6%	1.51	–	–
521	NORTERMINAL RESPONSE AS	small	23	−7.0%	−2,616.8%	0.03	29.7%	2 MNOK
522	SLB KRISTIANSAND AS	medium	23	−34.4%	28.0%	1.31	−17.9%	518 MNOK
523	MEKJARVIK EIENDOM AS	small	23	–	1.4%	0.07	–	–
524	M VEST AS	medium	22	–	−23.7%	46.49	–	–
525	ÅLESUND SUBSEA AS	small	22	−9.9%	−314.4%	0.24	16.0%	2 MNOK
526	ISLAND OFFSHORE MANAGEMENT AS	medium	22	−2.2%	5.3%	0.88	−1.6%	650 MNOK
527	SOURCE ENERGY AS	medium	22	–	26.0%	1.32	–	–
528	SPIRIT ENERGY NORWAY AS	large	22	–	3.3%	1.03	–	–
529	CONCEDO AS	medium	22	−30.7%	2.3%	0.64	7,517.9%	416 MNOK
530	AFP AS	–	22	–	22.9%	1.30	–	–
531	EQUINOR NORSK LNG AS	large	21	–	5.3%	1.00	–	–
532	PETRICA INVEST AS	small	21	–	−1,615.1%	–	–	–
533	TRANSOCEAN NORWAY OPERATIONS AS	–	21	−8.2%	−3.6%	0.94	−2.6%	–
534	EQUINOR ARGENTINA AS	small	21	−710.4%	45.9%	0.28	−82.0%	21 MNOK
535	EXPRO NORWAY AS	medium	20	−16.1%	−57.8%	0.60	12.6%	731 MNOK
536	ARCADE DRILLING AS	–	20	–	5.3%	1.06	–	–
537	PRIMARY SOLUTIONS AS	small	20	−19.7%	−191.5%	0.34	4.0%	1 MNOK
538	PROPLAN PROJECT PLANNING AS	small	20	−136.2%	6.7%	1.07	−82.4%	0 MNOK
539	BIRAL LUBRICANTS NORWAY AS	small	20	−30.2%	2.7%	0.63	−14.7%	2 MNOK
540	MARDAHL INDUSTRI AS	small	20	−9.5%	−11.7%	0.70	−28.4%	82 MNOK
541	EQUINOR APSHERON AS	large	20	–	17.5%	1.13	−100.0%	0 MNOK
542	IOSOLUTIONS AS	small	19	−6.0%	−730.8%	0.22	−2.5%	4 MNOK
543	EQUINOR ANGOLA BLOCK 47 AS	medium	19	–	36.4%	0.97	–	–
544	HAVILA VOLANTIS AS	small	19	–	−8.7%	0.01	–	–
545	S-N TERMINAL AS	small	19	–	−68.2%	–	–	–
546	AVIUM SUBSEA AS	–	18	−22.0%	−17.5%	0.03	−0.3%	–
547	GENESIS ENERGIES NORWAY AS	small	18	−10.0%	−61.7%	0.62	−47.4%	19 MNOK
548	REM SALTIRE INTERNATIONAL AS	medium	17	0.4%	0.1%	1.00	–	218 MNOK
549	KISTOS ENERGY (NORWAY) AS	large	17	−8.9%	1.4%	0.59	14.1%	1,081 MNOK
550	HØYDESIKRING ACCESS AS	small	16	−2.4%	−39.4%	0.66	–	12 MNOK
551	OMEGA WELL INTERVENTION AS	small	16	–	−198.6%	4.34	–	–
552	LIME PETROLEUM AS	large	16	−7.0%	−15.3%	0.83	12.4%	2,984 MNOK
553	DK OFFSHORE AS	small	15	−8.6%	−38.4%	0.72	–	1 MNOK
554	JETT TECHNOLOGIES AS	small	15	–	−48.7%	0.66	−100.0%	0 MNOK
555	CLAXTON ENGINEERING SERVICES AS	small	14	−44.3%	−37.8%	0.66	−47.3%	69 MNOK
556	SAFETY LEADERS AS	small	14	−8.0%	−37.6%	0.54	–	6 MNOK
557	EQUINOR BTC CASPIAN AS	medium	14	–	6.3%	1.07	−100.0%	0 MNOK
558	MARIGOLD HOLDCO AS	–	13	–	−3.6%	0.04	–	–
559	KMNOR AS	small	11	–	−2,301.0%	0.04	–	–
560	HEMLA VANTAGE AS	small	10	–	−13,793.2%	0.01	–	–
561	KANFER SHIPPING MANAGEMENT AS	small	10	–	−565.0%	0.01	–	–
562	ONLINE ENGINEERING AS	small	10	–	−36.1%	0.73	–	–
563	NORTHERN OCEAN WIND AS	large	10	−1.5%	−2.3%	0.98	–	1,631 MNOK
564	PANORO TUNISIA EXPLORATION AS	–	9	–	−507.9%	0.16	–	–
565	SIGMA MARINE SERVICES AS	small	8	−542.5%	−205.4%	0.13	–	0 MNOK
566	MARITIM NORGE AS	small	7	−135.7%	−1,098.4%	0.13	−68.4%	0 MNOK
567	AUTONOMOUS INTERVENTION AS	small	7	–	−250.5%	0.29	–	–
568	ISLAND DRILLING COMPANY AS	–	7	−355.1%	−48.2%	0.10	−65.6%	–
569	VGV WELL SOLUTIONS AS	small	7	–	−363.5%	0.22	–	–
570	PIRANEMA PRODUCTION AS	small	6	–	−274.0%	0.27	–	–
571	NORWEGIAN GREEN ENERGY AS	small	6	–	−63.5%	0.61	–	0 MNOK
572	KJELL STUVIK HOLDING AS	small	6	–	−122.4%	0.45	–	–
573	LB DIVING AS	small	5	–	−4,007.3%	0.02	–	0 MNOK
574	IOR AQUA AS	small	4	–	−3,900.5%	0.02	–	–
575	GEO CASPIAN AS	small	3	–	−530,679.5%	0.00	–	–
576	ECLIPSE DRILLING AS	small	3	–	−44,061.2%	0.00	–	0 MNOK
577	NORMINOL AS	small	3	–	−7,971.6%	0.01	–	0 MNOK
578	SAND & DEBRI CLEANUP AS	small	3	−736.9%	−24,760.9%	0.00	–	0 MNOK
579	BIOFUEL HOLDING AS	small	2	–	−10,372.1%	–	–	–
580	MINERALL AS	small	2	–	−28,298.1%	–	–	–
581	ROSANES GASS AS	small	2	–	−178,478.3%	0.01	–	–
582	ZENITH ENERGY AS	small	2	–	−111,216.7%	0.00	–	0 MNOK
583	YMIR ENERGY HOLDING AS	small	1	–	−6,906,508,900.0%	–	–	–
584	CONNECTOR SUBSEA TECHNOLOGY AS	small	1	–	−5,956,000.0%	–	–	–
–	AKOFS BRAZIL OPERATIONS ASnot ranked: Balance sheet missing	small	–	–	–	0.00	–	–
–	BIOREST ASnot ranked: Balance sheet missing	small	–	–	–	–	–	0 MNOK
–	CAKN HOLDING ASnot ranked: Not enough data (profitability or solidity missing)	small	–	–	86.9%	0.47	–	–
–	GASSCO ASnot ranked: Not enough data (profitability or solidity missing)	large	–	–	0.7%	1.00	–	–
–	GLOBAL ENERGY SOLUTIONS ASnot ranked: Balance sheet missing	small	–	–	–	0.00	–	0 MNOK
–	HOW ENERGY ASnot ranked: Not enough data (profitability or solidity missing)	small	–	–	−14,522.4%	0.07	–	–
–	KARL EGIL KLEVSTADLIEN OFFSHORE ASnot ranked: Not enough data (profitability or solidity missing)	small	–	–	100.0%	6,835.00	–	–
–	METROL TECHNOLOGY NORWAY ASnot ranked: Balance sheet missing	small	–	–	–	0.00	–	0 MNOK
–	NORSE ENERGY VENTURES ASnot ranked: Balance sheet missing	small	–	–	–	0.00	–	0 MNOK
–	OFFSHORE SOLUTION PARTNER ASnot ranked: Not enough data (profitability or solidity missing)	small	–	–	–	2.27	–	0 MNOK
–	PANORO ENERGY ASnot ranked: Balance sheet missing	–	–	–	–	0.00	–	–

Bankrupt or being wound up

These companies are left out of the ranking.

being wound up CAPEOMEGA AS · last accounts 2025
bankrupt EMAS-AMC AS · last accounts 2015
being wound up FEARNLEY NORGE AS · last accounts 2025
bankrupt FRAM ENERGY AS · last accounts 2024
being wound up KARPINSKY OIL & GAS COMPANY AS · last accounts 2025
being wound up NORTH SEA COMMANDER SHIPPING AS · last accounts 2025
being wound up OCV RECOVERY AS · last accounts 2025
bankrupt PETROLINK AS · last accounts 2024
being wound up UPSTREAM CONSULTANTS AS · last accounts 2025

About the figures

Only limited companies (AS and ASA) are included. Sole proprietorships are normally not required to file annual accounts and are therefore missing.
The Brønnøysund Register Centre only checks that accounts are filed, not their content. Suspicious figures are flagged on the company page, not hidden.
Figures are company accounts, not group accounts. Holding companies can be marked in admin and then do not count in sector averages.