INDEPENDENT OIL TOOLS AS

ASActive

Org 989675281Midtgårdveien 30, 4031 StavangerSupport activities for petroleum and natural gas extraction · NACE 0910Est. 200627 employeeswww.iotgroup.com

Revenue 2024

NOK 211,6M

+23% vs 2023

EBITDA margin

38.9%

+15% vs 2023

Equity ratio

51.6%

Financial strength

Net profit 2024

NOK 58,2M

+36% vs 2023

EBITDA — year on yearNOK millions

Key figuresAnnual report 2024

Frequently asked questions

What is the Org number of INDEPENDENT OIL TOOLS AS?

INDEPENDENT OIL TOOLS AS is registered with Brønnøysundsregistrene under Org 989675281.

What is the revenue of INDEPENDENT OIL TOOLS AS?

INDEPENDENT OIL TOOLS AS reported revenue of NOK 211,6M in 2024.

How many employees does INDEPENDENT OIL TOOLS AS have?

INDEPENDENT OIL TOOLS AS employs 27 people as of the latest annual report.

Who is the CEO of INDEPENDENT OIL TOOLS AS?

Sven Olav Borgen is Chief Executive Officer of INDEPENDENT OIL TOOLS AS, in role since 2017.

Who is the chairman of INDEPENDENT OIL TOOLS AS?

Berge Gerdt Larsen chairs the board of INDEPENDENT OIL TOOLS AS, in role since 2020.

Where is INDEPENDENT OIL TOOLS AS headquartered?

INDEPENDENT OIL TOOLS AS's registered address is Midtgårdveien 30, 4031 Stavanger.