Independent Oil Tools AS
ASActiveOrg 989675281Midtgårdveien 30, 4031 StavangerSupport activities for petroleum and natural gas extraction· NACE 0910Est. 2006 · 20 years old27 employeeswww.iotgroup.com
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Independent Oil Tools AS is a Norwegian AS based in Stavanger, operating in the Support activities for petroleum and natural gas extraction sector. Incorporated in 2006, the company has 27 employees and reported revenue of 199,3 mill. kr in its latest annual filing.
In its most recent annual report (2025), Independent Oil Tools AS reported revenue of 199,3 mill. kr, a decrease of 6% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of 35,6 mill. kr, and the EBITDA margin stood at 32%.
At the end of 2025, equity financed 66.4% of the balance sheet, and current assets covered short-term debt 1.5 times.