Riskpilot← Back to searchSign inGet full accessPETROTECH AS
ASActiveOrg 978612024Kvalamarka 26, 5514 HaugesundSupport activities for petroleum and natural gas extraction · NACE 0910Est. 199731 employees
Revenue 2023
NOK 44,8M
-6% vs 2022
EBITDA margin
-24.1%
-36% vs 2022
Equity ratio
-18.9%
Financial strength
Net profit 2023
NOK -344,7M
-438% vs 2022
| Revenue | NOK 44,8M | -6% |
| EBITDA | NOK -10,8M | -36% |
| Net profit | NOK -344,7M | -438% |
| Total assets | NOK 31M | -91% |
| Equity | NOK -5,9M | -102% |
| Employees | 31 | — |
Legal name
PETROTECH AS
Org number
978612024
Legal form
Aksjeselskap
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
5. juni 1997
Share capital
NOK 8 982 413
Employees
31 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Styrets leder alene. To styremedlemmer i fellesskap.
Address
Kvalamarka 26, 5514 Haugesund
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| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue | 52 373 | 40 537 | 57 391 | 47 776 | 44 808 |
| Staff expenses | −0 | −0 | −0 | −0 | −48 315 |
| EBITDA | −4 391 | −11 196 | −6 167 | −7 919 | −10 796 |
| Depreciation & amort. | −2 760 | −3 650 | −4 044 | −3 710 | −3 038 |
| EBIT | −7 151 | −14 846 | −10 211 | −11 629 | −13 834 |
| Net financials | −3 403 | −15 782 | −28 773 | −52 429 | −330 907 |
| Profit before tax | −10 554 | −30 628 | −38 984 | −64 058 | −344 741 |
| Tax | 5 | 6 | −0 | −0 | −0 |
| Net profit | −10 559 | −30 634 | −38 984 | −64 058 | −344 741 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Total assets | 76 749 | 461 989 | 418 684 | 362 278 | 31 045 |
| Equity | 56 016 | 439 784 | 400 565 | 337 240 | −5 855 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 14 618 | 13 565 | 9 555 | 16 322 | 29 708 |
| Total debt | 14 618 | 13 565 | 9 555 | 16 322 | 29 708 |
EBITDA margin
-24.1%
This company
15.8%
Market median
-253% vs market
20192023
Equity ratio
-18.9%
This company
38.2%
Market median
-149% vs market
20192023
Return on equity
-34474100000.0%
This company
18.4%
Market median
-187359239230% vs market
20192023
Net profit margin
-769.4%
This company
8.1%
Market median
-9599% vs market
20192023
Asset turnover
1.44×
This company
1.12×
Market median
+29% vs market
20192023
Debt / equity
6.30×
This company
0.62×
Market median
-916% 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) | ||
BD Chief Executive Officer | Chief Executive Officer | 1997 – 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Chairman | 2019 | |
| Board of Directors | 2023 | |
| Former (1) | ||
| Board of Directors | 2019 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| 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.
Expro Norway As
PETROTECH AS Board members of PETROTECH AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bjørn Dybdahl | Chief Executive Officer | 0 companies |
| Lewis John Woodburn Mcalister | Chairman | 0 companies |
| Steinar Riise | Board of Directors | 0 companies |
| Dag Eidsvik | Board of Directors | 0 companies |