Loading company…
Riskpilot
← Back to search
Sign in
Get full access
EUROPEAN DRILLING AS
AS
Active
Org 819336792
Espehaugen 41, 5258 Blomsterdalen
Engineering activities and related technical consultancy · NACE 7112
Est. 2017
2 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 4,4M
+3% vs 2023
EBITDA margin
23.0%
+636% vs 2023
Equity ratio
39.3%
Financial strength
Net profit 2024
NOK 822K
+631% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 4,4M
+3%
EBITDA
NOK 1M
+636%
Net profit
NOK 822K
+631%
Total assets
NOK 4,7M
+192%
Equity
NOK 1,8M
+81%
Employees
2
—
Company information
Legal name
EUROPEAN DRILLING AS
Org number
819336792
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
26. juli 2017
Share capital
NOK 50 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Geir gorm olsen
Company purpose
Tilby brønn- og riggledelse, samt ingeniørtjenester til offshore og landbasert olje og industrivirksomhet, og alt som står i forbindelse med dette.
Contact
Address
Espehaugen 41, 5258 Blomsterdalen
Phone
+4791922550
Email
post@europeandrilling.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Engineering activities and related technical consultancy
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
2M
5M
7M
9M
1M
2020
8M
2021
8M
2022
4M
2023
4M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 458
7 976
7 812
4 280
4 393
Staff expenses
−1 143
−3 697
−3 927
−2 905
−1 360
EBITDA
−454
133
263
137
1 010
Depreciation & amort.
−0
−0
−0
−6
−6
EBIT
−454
133
263
132
1 005
Net financials
1
2
3
13
49
Profit before tax
−453
135
267
144
1 053
Tax
−0
−70
59
32
232
Net profit
−453
205
208
112
822
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 377
2 666
2 821
1 600
4 670
Equity
487
692
900
1 013
1 835
Long-term debt
0
0
1
2
1
Short-term debt
889
1 974
1 920
585
2 834
Total debt
889
1 974
1 921
587
2 835
Financial ratios
5-year trend
EBITDA margin
23.0%
This company
15.8%
Market median
+46% vs market
2020
2024
Equity ratio
39.3%
This company
38.2%
Market median
+3% vs market
2020
2024
Return on equity
44.8%
This company
18.4%
Market median
+143% vs market
2020
2024
Net profit margin
18.7%
This company
8.1%
Market median
+131% vs market
2020
2024
Asset turnover
0.94×
This company
1.12×
Market median
+16% vs market
2020
2024
Debt / equity
1.55×
This company
0.62×
Market median
-150% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
GG
Geir Gorm Olsen
Chairman
2023
Former (1)
TL
Thor Lihaug
Chairman
2017 – 2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Pf Consulting As
Company
88%
88%
2022
Per Inge Flakke
Individual
5%
5%
2022
Arnulf Storebø
Individual
5%
5%
2022
Asbjørn Vonheim
Individual
2%
2%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of EUROPEAN DRILLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Geir Gorm Olsen
Chairman
0 companies
Thor Lihaug
Chairman
0 companies