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ISLAND DRILLING CREWING AS
AS
Active
Org 921499906
Stålhaugen 9, 6065 Ulsteinvik
Support activities for petroleum and natural gas extraction · NACE 0910
Est. 2018
173 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 150,4M
-8% vs 2023
EBITDA margin
1.0%
+2606% vs 2023
Equity ratio
0.1%
Financial strength
Net profit 2024
NOK 0
173 employees
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
2M
+200%
2024
Key figures
Annual report 2024
Revenue
NOK 150,4M
-8%
EBITDA
NOK 1,6M
+2606%
Net profit
NOK 0
—
Total assets
NOK 22,5M
-33%
Equity
NOK 17K
+0%
Employees
173
—
Company information
Legal name
ISLAND DRILLING CREWING AS
Org number
921499906
Legal form
Aksjeselskap
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
3. oktober 2018
Share capital
NOK 30 000
Employees
173 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene.
Company purpose
Utleie av personell til offshore fartøy og innretninger, samt annen virksomhet relatert til dette.
Contact
Address
Stålhaugen 9, 6065 Ulsteinvik
Email
post@islanddrilling.no
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Revenue
NOK millions
0M
47M
94M
141M
189M
124M
2020
80M
2021
156M
2022
164M
2023
150M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2020
0M
2021
0M
2022
0M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
124 277
80 422
156 085
164 304
150 404
Staff expenses
−116 368
−74 271
−141 376
−147 667
−135 048
EBITDA
73
3
−30
−63
1 569
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
73
3
−30
−63
1 569
Net financials
−73
−3
30
63
−1 569
Profit before tax
0
0
0
0
0
Tax
−0
−0
−0
−0
−0
Net profit
0
0
0
0
0
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
8 155
10 105
24 424
33 493
22 514
Equity
17
17
17
17
17
Long-term debt
0
0
0
0
0
Short-term debt
8 139
10 088
24 407
33 476
22 497
Total debt
8 139
10 088
24 407
33 476
22 497
Financial ratios
5-year trend
EBITDA margin
1.0%
This company
15.8%
Market median
-94% vs market
2020
2024
Equity ratio
0.1%
This company
38.2%
Market median
-100% vs market
2020
2024
Return on equity
0.0%
This company
18.4%
Market median
-100% vs market
2020
2024
Net profit margin
0.0%
This company
8.1%
Market median
-100% vs market
2020
2024
Asset turnover
6.68×
This company
1.12×
Market median
+496% vs market
2020
2024
Debt / equity
1349.66×
This company
0.62×
Market median
-217587% 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
Name
Role
Member since
Current (1)
RS
Roger Simmenes
Chief Executive Officer
Chief Executive Officer
2018
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MU
Morten Ulstein
Chairman
2018
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Island Drilling Company As
Company
100%
100%
2024
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Company hierarchy
Island Drilling Company As
ISLAND DRILLING CREWING AS
(this company)
Board network connections
Board members of ISLAND DRILLING CREWING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Roger Simmenes
Chief Executive Officer
0 companies
Morten Ulstein
Chairman
0 companies