Castor Drilling Solution AS is a Norwegian AS based in Kristiansand S, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2011, the company reported revenue of NOK 29.1m in its latest annual filing.
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Company purpose
Utvikle og produsere borerelaterte systemer og utstyr til bruk i offshore- og energinæringen samt alt som står i forbindelse med dette, herunder deltakelse i andre selskaper med lignende virksomhet.
In its most recent annual report (2025), Castor Drilling Solution AS reported revenue of NOK 29.1m, 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 loss of NOK 703.2k, and the EBITDA margin stood at 4.9%.
At the end of 2025, equity financed 21.3% of the balance sheet, and current assets covered short-term debt 0.4 times.
Frequently asked questions
What is the Org number of Castor Drilling Solution AS?
Castor Drilling Solution AS is registered with Brønnøysundsregistrene under Org 997717856.
What is the revenue of Castor Drilling Solution AS?
Castor Drilling Solution AS reported revenue of NOK 29.1m in 2025.
Who is the CEO of Castor Drilling Solution AS?
Øyvind Vaagland Reiten is the CEO of Castor Drilling Solution AS, in role since 2012.
Who is the chairman of Castor Drilling Solution AS?
Magne Kristiansen chairs the board of Castor Drilling Solution AS, in role since 2020.
Where is Castor Drilling Solution AS headquartered?
Castor Drilling Solution AS's registered address is Skibåsen 39.