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MORE OIL AS
AS
Active
Org 912058506
Sandebuktveien 114, 3077 Sande I Vestfold
Industridesign, produktdesign og annen teknisk designvirksomhet · NACE 74101
Est. 2013
0 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2021
NOK 0
EBITDA margin
—
+83% vs 2020
Equity ratio
2.5%
Financial strength
Net profit 2021
NOK -75
+82% vs 2020
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2017
0M
0%
2018
0M
0%
2019
0M
0%
2020
0M
0%
2021
Key figures
Annual report 2021
Revenue
NOK 0
—
EBITDA
NOK -75
+83%
Net profit
NOK -75
+82%
Total assets
NOK 535K
+0%
Equity
NOK 13K
-1%
Employees
0
—
Company information
Legal name
MORE OIL AS
Org number
912058506
Legal form
Aksjeselskap
NACE code
74101 · Industridesign, produktdesign og annen teknisk designvirksomhet
Founded
12. juni 2013
Share capital
NOK 5 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Utvikling og salg av patenter og produkter for utvinning av olje.
Contact
Address
Sandebuktveien 114, 3077 Sande I Vestfold
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All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2017
0M
2018
0M
2019
0M
2020
0M
2021
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2017
0M
2018
0M
2019
0M
2020
0M
2021
Income statement
NOK thousands
Item
2017
2018
2019
2020
2021
Revenue
0
0
0
0
0
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−1
−12
−1
−0
−0
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−1
−12
−1
−0
−0
Net financials
0
0
0
0
0
Profit before tax
−1
−12
−1
−0
−0
Tax
−0
−0
−0
−0
−0
Net profit
−1
−12
−1
−0
−0
Balance sheet
NOK thousands
Item
2017
2018
2019
2020
2021
Total assets
989
986
760
535
535
Equity
27
14
14
13
13
Long-term debt
963
972
747
522
522
Short-term debt
0
0
0
0
0
Total debt
963
972
747
522
522
Financial ratios
5-year trend
EBITDA margin
-7500.0%
This company
15.8%
Market median
-47568% vs market
2017
2021
Equity ratio
2.5%
This company
38.2%
Market median
-93% vs market
2017
2021
Return on equity
-0.6%
This company
18.4%
Market median
-103% vs market
2017
2021
Net profit margin
-7500.0%
This company
8.1%
Market median
-92693% vs market
2017
2021
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
2017
2021
Debt / equity
39.01×
This company
0.62×
Market median
-6192% vs market
2017
2021
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
ØE
Øivind Emil Eriksen
Board of Directors
2018
AK
Alf Kolbjørn Sevre
Chairman
2018
Shareholders
As of last annual report
No shareholder data available.
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 MORE OIL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Øivind Emil Eriksen
Board of Directors
0 companies
Alf Kolbjørn Sevre
Chairman
0 companies