Riskpilot← Back to searchSign inGet full accessPETROLIA NOCO AS
ASActiveOrg 997015231Espehaugen 32, 5258 BlomsterdalenExtraction of crude petroleum · NACE 0610Est. 201118 employees
Revenue 2024
NOK 713,6M
+7174% vs 2023
EBITDA margin
36.8%
+389% vs 2023
Equity ratio
-0.7%
Financial strength
Net profit 2024
NOK -4,1M
+88% vs 2023
| Revenue | NOK 713,6M | +7174% |
| EBITDA | NOK 262,4M | +389% |
| Net profit | NOK -4,1M | +88% |
| Total assets | NOK 1B | -4% |
| Equity | NOK -7,6M | -113% |
| Employees | 18 | — |
Legal name
PETROLIA NOCO AS
Org number
997015231
Legal form
Aksjeselskap
NACE code
0610 · Extraction of crude petroleum
Founded
9. juni 2011
Share capital
NOK 19 000 000
Employees
18 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Drive petroleums-, offshore-, handel-, industri-, og finansiell virksomhet og annen relatert virksomhet samt å delta som aksjonær eller på annen måte i andre virksomheter.
Address
Espehaugen 32, 5258 Blomsterdalen
Phone
+4756909680
Email
pn@petrolia.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 416 | 3 898 | 0 | 2 326 | 1 193 | 1 616 | 2 283 | 769 | 19 385 | 3 893 | 4 016 | 34 187 | 9 810 | 713 604 |
| Staff expenses | −6 248 | −19 371 | −19 935 | −21 519 | −24 058 | −23 131 | −24 491 | −15 856 | −0 | −0 | −0 | −0 | −0 | −0 |
| EBITDA | −15 108 | −90 063 | −189 885 | −89 044 | −138 536 | −39 361 | −51 900 | −72 342 | −85 023 | −75 606 | −221 899 | −104 369 | −90 904 | 262 397 |
| Depreciation & amort. | −512 | −2 141 | −2 522 | −2 219 | −725 | −539 | −388 | −581 | −3 330 | −9 285 | −5 318 | −1 547 | −1 152 | −215 412 |
| EBIT | −15 621 | −92 204 | −192 407 | −91 263 | −139 262 | −39 900 | −52 288 | −72 923 | −88 353 | −84 891 | −227 217 | −105 916 | −92 056 | 46 985 |
| Net financials | −399 | −8 123 | −27 540 | −16 333 | −17 391 | −6 533 | −1 801 | −3 048 | −5 137 | −8 122 | −10 285 | −16 595 | −18 169 | −46 348 |
| Profit before tax | −16 020 | −100 327 | −219 948 | −107 596 | −156 652 | −46 433 | −54 089 | −75 972 | −93 490 | −93 013 | −237 502 | −122 511 | −110 225 | 637 |
| Tax | −12 169 | −71 107 | −147 396 | −70 207 | −108 500 | −31 593 | −40 620 | −48 626 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net profit | −3 850 | −29 220 | −72 552 | −37 389 | −48 152 | −14 840 | −13 469 | −27 345 | −22 460 | −26 858 | −64 261 | −38 410 | −34 376 | −4 051 |
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 24 458 | 105 099 | 158 920 | 99 807 | 172 449 | 93 934 | 73 030 | 134 037 | 139 815 | 171 480 | 314 434 | 321 583 | 1 093 362 | 1 049 481 |
| Equity | −2 849 | −32 068 | 25 380 | 17 991 | 19 950 | 55 111 | 41 641 | 49 646 | 27 186 | 41 674 | 19 210 | 10 800 | −3 576 | −7 627 |
| Long-term debt | 24 737 | 130 925 | 127 684 | 69 648 | 146 501 | 30 000 | 23 500 | 67 000 | 100 163 | 67 663 | 200 215 | 191 671 | 676 409 | 642 746 |
| Short-term debt | 2 570 | 6 242 | 5 856 | 12 168 | 5 997 | 8 824 | 7 888 | 17 391 | 12 465 | 33 923 | 95 010 | 119 112 | 420 528 | 414 363 |
| Total debt | 27 307 | 137 167 | 133 541 | 81 816 | 152 499 | 38 824 | 31 388 | 84 391 | 112 629 | 101 586 | 295 224 | 310 783 | 1 096 937 | 1 057 109 |
EBITDA margin
36.8%
This company
15.8%
Market median
+133% vs market
20112024
Equity ratio
-0.7%
This company
38.2%
Market median
-102% vs market
20112024
Return on equity
-405100000.0%
This company
18.4%
Market median
-2201630535% vs market
20112024
Net profit margin
-0.6%
This company
8.1%
Market median
-107% vs market
20112024
Asset turnover
0.68×
This company
1.12×
Market median
-39% vs market
20112024
Debt / equity
138.60×
This company
0.62×
Market median
-22255% vs market
20112024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- 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
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-06-03 – 2011-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
LK Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
OJ Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
MS Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
SS Deputy Member | Deputy Member | 2025 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2018 | — | — | |
| Chairman | 2018 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Petrolia As | Company | 39.3% | 39.3% | 2024 |
Noco (Uk) Ltd | Company | 14.6% | 14.6% | 2024 |
| Individual | 11.3% | 11.3% | 2022 | |
Petrolia Se | Company | 10.6% | 10.6% | 2024 |
Increased Oil Recovery As | Company | 9.5% | 9.5% | 2024 |
Independent Oil & Resources Plc | Company | 8.1% | 8.1% | 2024 |
Noco Oil & Resources Ltd | Company | 7.9% | 7.9% | 2024 |
Larsen Oil & Gas As | Company | 3.3% | 3.3% | 2024 |
Time Critical Petroleum Resources As | Company | 3.2% | 3.2% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of PETROLIA NOCO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Linn Katrine Høie | Chief Executive Officer | 0 companies |
| Ole Jacob Sandal | Chief Executive Officer | 0 companies |
| Morten Stenhaug | Chief Executive Officer | 0 companies |
| Sjur Storaas | Deputy Member | 0 companies |
| Brede Bjøvad Larsen | Board of Directors | 0 companies |
| Robert John Arnott | Chairman | 0 companies |