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INDEPENDENT OIL TOOLS AS
AS
Active
Org 989675281
Midtgårdveien 30, 4031
Stavanger
Support activities for petroleum and natural gas extraction
· NACE 0910
Est. 2006
27 employees
www.iotgroup.com
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Norway
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Companies
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Support activities for petroleum and natural gas extraction
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INDEPENDENT OIL TOOLS AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
0M
61M
122M
183M
244M
127M
2020
133M
2021
126M
2022
172M
2023
212M
2024
EBITDA
NOK millions
0M
24M
47M
71M
94M
52M
2020
32M
2021
41M
2022
71M
2023
82M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
126 639
133 037
126 059
171 935
211 638
Staff expenses
−23 122
−26 679
−28 050
−27 257
−36 409
EBITDA
52 343
31 880
40 688
71 440
82 351
Depreciation & amort.
−15 441
−15 671
−19 341
−23 504
−25 924
EBIT
36 902
16 209
21 347
47 936
56 427
Net financials
−14 607
−12 827
19 281
4 690
14 961
Profit before tax
22 295
3 382
40 628
52 626
71 387
Tax
6 177
6 706
5 751
9 848
13 184
Net profit
16 119
−3 324
34 877
42 777
58 203
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
286 583
296 752
335 108
372 009
425 558
Equity
84 862
81 612
116 489
159 267
219 388
Long-term debt
165 041
165 633
158 872
129 058
96 995
Short-term debt
36 680
49 507
59 747
83 685
109 175
Total debt
201 720
215 140
218 619
212 743
206 170
Financial ratios
5-year trend
EBITDA margin
38.9%
This company
15.8%
Market median
+146% vs market
2020
2024
Equity ratio
51.6%
This company
38.2%
Market median
+35% vs market
2020
2024
Return on equity
26.5%
This company
18.4%
Market median
+44% vs market
2020
2024
Net profit margin
27.5%
This company
8.1%
Market median
+240% vs market
2020
2024
Asset turnover
0.50×
This company
1.12×
Market median
-55% vs market
2020
2024
Debt / equity
0.94×
This company
0.62×
Market median
+52% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
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
More on INDEPENDENT OIL TOOLS AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
