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PETROTECH AS
AS
Active
Org 986962832
Energivegen 12A, 4056
Tananger
Support activities for petroleum and natural gas extraction
·
NACE 0910
Est. 2004 · 22 years old
144 employees
www.powerwellservices.com
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Norway
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Companies
/
Support activities for petroleum and natural gas extraction
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PETROTECH AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
0M
198M
396M
594M
792M
408M
2019
577M
2020
689M
2021
530M
2022
317M
2023
EBITDA
NOK millions
0M
-34M
-68M
-101M
-135M
-108M
2019
-45M
+58%
2020
-22M
+51%
2021
-35M
-59%
2022
-59M
-69%
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
408 161
577 450
688 600
529 723
317 356
Staff expenses
−142 930
−164 286
−182 057
−189 243
−166 120
EBITDA
−107 625
−45 071
−21 970
−35 296
−58 788
Depreciation & amort.
−15 174
−7 210
−5 485
−4 242
−1 094
EBIT
−122 799
−52 281
−27 455
−39 538
−59 882
Net financials
−33 742
34 785
−2 378
−7 343
−4 205
Profit before tax
−156 541
−17 496
−29 833
−46 881
−64 087
Tax
−0
−0
−0
−0
−0
Net profit
−156 541
−17 496
−29 833
−46 881
−64 087
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
185 604
211 704
235 627
189 877
102 493
Equity
−294 985
104 703
74 868
27 987
−49 410
Long-term debt
0
0
0
0
0
Short-term debt
480 589
107 001
160 759
161 889
151 903
Total debt
480 589
107 001
160 759
161 889
151 903
Financial ratios
5-year trend
EBITDA margin
-18.5%
This company
15.8%
Market median
-217% vs market
2019
2023
Equity ratio
-48.2%
This company
38.2%
Market median
-226% vs market
2019
2023
Return on equity
-6408700000.0%
This company
18.4%
Market median
-34829891404% vs market
2019
2023
Net profit margin
-20.2%
This company
8.1%
Market median
-349% vs market
2019
2023
Asset turnover
3.10×
This company
1.12×
Market median
+177% vs market
2019
2023
Debt / equity
3.07×
This company
0.62×
Market median
-395% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
More on PETROTECH AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network