Riskpilot← Back to searchSign inGet full accessORLEN UPSTREAM NORWAY 2 AS
ASActiveOrg 946680591Extraction of crude petroleum · NACE 0610Est. 198819 employees
Revenue 2023
NOK 535,9M
-65% vs 2022
EBITDA margin
68.1%
-68% vs 2022
Equity ratio
34.0%
Financial strength
Net profit 2023
NOK 69M
-75% vs 2022
| Revenue | NOK 535,9M | -65% |
| EBITDA | NOK 364,8M | -68% |
| Net profit | NOK 69M | -75% |
| Total assets | NOK 724,3M | -26% |
| Equity | NOK 246,3M | +39% |
| Employees | 19 | — |
Legal name
ORLEN UPSTREAM NORWAY 2 AS
Org number
946680591
Legal form
Aksjeselskap
NACE code
0610 · Extraction of crude petroleum
Founded
28. mars 1988
Share capital
NOK 78 000 000
Employees
19 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Address
Phone
+4751212220
Email
sec-norway@kufpec.com
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| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue | 399 055 | 171 401 | 537 986 | 1 527 935 | 535 890 |
| Staff expenses | −10 465 | −8 773 | −9 406 | −11 372 | −7 228 |
| EBITDA | 152 686 | −31 136 | 349 144 | 1 143 006 | 364 813 |
| Depreciation & amort. | 7 138 | −191 917 | 171 142 | −188 | −131 602 |
| EBIT | 159 824 | −223 053 | 520 286 | 1 142 818 | 233 211 |
| Net financials | −37 358 | −25 407 | −15 954 | −16 532 | 10 036 |
| Profit before tax | 122 466 | −248 460 | 504 332 | 1 126 286 | 243 247 |
| Tax | −0 | −0 | −0 | −0 | 174 252 |
| Net profit | 29 389 | −64 355 | 114 616 | 271 840 | 68 984 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Total assets | 1 168 683 | 1 011 736 | 1 006 665 | 981 407 | 724 277 |
| Equity | 366 755 | 302 400 | 217 016 | 177 365 | 246 349 |
| Long-term debt | 733 680 | 675 484 | 479 710 | 348 245 | 138 093 |
| Short-term debt | 67 648 | 33 257 | 308 967 | 455 495 | 130 207 |
| Total debt | 801 328 | 708 741 | 788 677 | 803 740 | 268 300 |
EBITDA margin
68.1%
This company
15.8%
Market median
+331% vs market
20192023
Equity ratio
34.0%
This company
38.2%
Market median
+11% vs market
20192023
Return on equity
28.0%
This company
18.4%
Market median
+52% vs market
20192023
Net profit margin
12.9%
This company
8.1%
Market median
+59% vs market
20192023
Asset turnover
0.74×
This company
1.12×
Market median
-34% vs market
20192023
Debt / equity
1.94×
This company
0.62×
Market median
-213% vs market
20192023
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
| Name | Role | Member since |
|---|---|---|
| Former (1) | ||
AA Chief Executive Officer | Chief Executive Officer | 2021 – 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Chairman | 2024 | |
| Board of Directors | 2024 | |
| Board of Directors | 2024 | |
| Former (8) | ||
| Board of Directors | 2023 – 2024 | |
| Board of Directors | 2023 – 2023 | |
| Board of Directors | 2023 – 2023 | |
| Chairman | 2023 – 2024 | |
| Chairman | 2020 – 2021 | |
| Board of Directors | 2023 – 2024 | |
| Chairman | 2021 – 2023 | |
| Board of Directors | 2023 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Kufpec Uk Ltd | Company | 100% | 100% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of ORLEN UPSTREAM NORWAY 2 AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Ahmad A A A Khalaf | Chief Executive Officer | 0 companies |
| Marek Krzysztof Woszczyk | Chairman | 0 companies |
| Maciej Konrad Zwierzchowski | Board of Directors | 0 companies |
| Leif Sigmund Rosnes | Board of Directors | 0 companies |
| Khaled M Sh A Almulla | Board of Directors | 0 companies |
| Nawwaf S H Y Alsalem | Board of Directors | 0 companies |
| Cyryl Mikolaj Federowicz | Board of Directors | 0 companies |
| Mohammad S S M Alhaimer Almarri | Chairman | 0 companies |
| Saeed M A I Alshaheen | Chairman | 0 companies |
| Steffen Pedersen | Board of Directors | 0 companies |
| Waleed A R R Al Ben Ali | Chairman | 0 companies |
| Mohammad A A S A Alsarhan | Board of Directors | 0 companies |