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INCREASED OIL RECOVERY AS

976810252Aksjeselskap
Municipality
OSLO
Founded
14.10.1996
Roles
2
Company details
Business address
2. etasje, Haakon VIIs gate 1, 0161 OSLO
Municipality
Oslo
Phone
23 11 32 85
Sector
Private aksjeselskaper mv.
Share capital
85 000 000 kr(85 000 000 shares)
Registered
16.10.1996
Purpose
Ta del i og investere i riggprosjekter, prosjekter innenfor økt utvinning av olje- og gassfelt, utvikle teknologi og systemer for økt utvinning samt annen virksomhet innenfor offshore-, olje- og gassindustrien.
Board and management

Styre og ledelse

Berge Gerdt Larsen
Styrets leder
Brede Bjøvad Larsen
Varamedlem

Revisor

PRICEWATERHOUSECOOPERS AS

Is revisor for 8 515 companies

Revisor

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Financials2024
Operating result
-418k
Net result
18.7 mill
Assets
402.4 mill
Equity
396.7 mill
Debt
5.8 mill
Financial health check
Equity ratio
Very good
Current ratio
Very good
Profitability
Weak
Income statement and balance sheet
2024
Income statement
Revenue—
Operating costs418k
= Operating result-418k
Net finance20.4 mill
= Net result18.7 mill
Balance sheet
Fixed assets286.1 mill
Current assets116.3 mill
= Total assets402.4 mill
Equity396.7 mill
Long-term debt0
Short-term debt5.8 mill
= Total debt5.8 mill

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
—8.1%
Net margin
——
Return on assets
5.0%10.0%
Return on equity
4.7%—
Equity ratio
98.6%48.6%
Current ratio
20.191.76
Debt-to-equity
0.010.78

Based on 4592 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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