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I

ISLAND DRILLING MANAGEMENT AS992 448 636

Services for oil and gas
Limited company
Sandslimarka 61 5254 SANDSLI, Norge

ISLAND DRILLING MANAGEMENT AS

Keywords

drillingexplorationdelineationproduction wellsdirectionalre-drillingtrial drillingcementingdrill pipeoil boreholegas boreholepluggingclosurewell funnel operationscasing servicesdrill samplesgeological observationswell planningmwd (measurement while drilling)lwd (logging while drilling)ml (mud logging)

Organization

Chairman of the board
Years since formation
17 years
since Jun 23, 2008
Type
Limited company
VAT registered
Yes
Number of employees
21

Ownership

Number of shares and share classes
6,555,667
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2023
125,110,588
NOK
Annual total result 2023
16,692,902
NOK
Total equity 2023
22,139,987
NOK
Last update: Jan 15, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman
4.14 %
indirectly
Board Member
30.1 %
indirectly
Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
H
HASUND AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Board Member
30.1 %
indirectly
Chairman
4.14 %
indirectly
-
4.14 %
indirectly
-
4.14 %
indirectly
-
4.14 %
indirectly
-
4.14 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
I
ISLAND DRILLING COMPANY AS
Ordinary shares
6,555,667
100 %
Last update: May 24, 2024

Group structure

Financials

in NOK

Summary

Year202320222021
Total operating income
125,110,588
109,261,104
121,114,165
Annual Total Result
16,692,902
15,686,325
23,741,264
Total assets
77,898,809
111,590,341
71,489,805
Total liabilities
55,758,822
88,952,529
48,720,564
Total equity
22,139,987
22,637,811
22,769,241

P&L

Year202320222021
Total operating income
125,110,588
109,261,104
121,114,165
Total operating costs
103,609,144
89,345,734
93,720,552
Operating result
21,501,444
19,915,370
27,393,613
Financial income/costs
40,125
232,373
194,120
Profit before tax
21,541,569
20,147,743
27,587,733
Total tax & extraordinary income/cost
4,848,667
4,461,418
3,846,469
Annual Total Result
16,692,902
15,686,325
23,741,264

Balance overview

Year202320222021
Total fixed assets
0
0
0
Total current assets
77,898,809
111,590,341
71,489,805
Total assets
77,898,809
111,590,341
71,489,805
Short term debt
55,758,822
88,952,529
48,720,564
Long term debt
0
0
0
Total liabilities
55,758,822
88,952,529
48,720,564
Contributed capital
65,557
65,557
65,557
Retained earnings
22,074,430
22,572,255
22,703,684
Total equity
22,139,987
22,637,811
22,769,241
Total equity and liabilities
77,898,809
111,590,341
71,489,804

Classification

Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
B
Main industrial area
Mining and quarrying
09
Activity
Mining support service activities
09.1
Main industrial group
Support activities for petroleum and natural gas extraction
09.10
Industrial group
Support activities for petroleum and natural gas extraction
09.101
Industrial group
Drilling services for petroleum and natural gas extraction