H&P DRILLING NORGE AS

Operating

KCA Deutag | Home Page

KCA Deutag is a drilling, engineering and technology company working onshore and offshore with a focus on safety, quality and operational performance

Verdiskapning ved utførelse av tjenester og leveranser av utstyr knyttet til bore- og brønnoperasjoner innen olje og gassproduksjon, eie og drive slike eiendeler som ansees som nødvendig eller ønskelig i denne forbindelse, samt utførelse av teknisk engineering, drift og vedlikeholds- tjenester og andre tjenester innen olje- og borevirksomheten, samt alt som står i forbindelse hermed, herunder deltakelse i selskaper som driver tilsvarende virksomhet.

Verdiskapning ved utførelse av tjenester og leveranser av utstyr knyttet til retningsboring, kabeloperasjon, reservoarmåling samt utførelse av teknisk engineering og tilsvarende tjenester innen olje- og boreservicevirksomheten, derunder deltak- else i selskaper som driver tilsvarende virksom- het.

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

CEO: PA
Per Andreas Vangsgaard1972
Chairman of the board: OF
Ole Fredrik Maier1967
Years since formation: 31 years; since Feb 19, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 872

Ownership

Number of shares and share classes: 20,000,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 2,042,486,000; NOK
Annual total result 2024: 129,278,000; NOK
Total equity 2024: 100,674,000; NOK

Last update: Jul 7, 2026

Management

Management / administration

Name	Role	Shares
PA Per Andreas Vangsgaard 1972	Managing Director/CEO	-

Board

Name	Role	Shares
OF Ole Fredrik Maier 1967	Chairman	-
JI Jan Inge Olsen 1962	Alternate Member	-
BL Bjarte Lygre 1962	Board Member	-
FK Frances Kimberley Anne Willis 1985	Board Member	-
KE Knut Even Lodden 1980	Board Member	-
JM Jin Marie Gjøsæter Bakke 1997	Board Member	-
SO Stian Otterlei 1974	Alternate Member	-
JT Jonny Torvestad 1982	Alternate Member	-
CH Caroline Hnatow 1987	Alternate Member	-
AE Andrea Elisabeth Shiels 1983	Alternate Member	-
TD Thomas Dahl Røsand 1985	Board Member	-
IS Ingrid Salamonsen 1964	Alternate Member	-
LC Lynsey Claire Van De Laar 1983	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Last update: May 27, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
K KCA DEUTAG HOLDINGS NORGE AS	Ordinary shares	20,000,000	100 %

Shares owned by the H&P DRILLING NORGE AS

Name	Share class	Total number of shares	Share
H H&P MODU OPERATIONS AS	Ordinary shares	100	100 %

Last update: Jun 2, 2025

Group structure

KCA DEUTAG HOLDINGS NORGE AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -138,000
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	2,042,486,000	1,958,308,000	1,692,280,000	1,579,845,000
Annual Total Result	129,278,000	50,251,000	88,170,000	74,190,000
Total assets	812,213,000	699,666,000	865,758,000	823,006,000
Total liabilities	711,539,000	450,269,000	593,057,000	545,297,000
Total equity	100,674,000	249,397,000	272,702,000	277,709,000

P&L

Year	2024	2023	2022	2021
Total operating income	2,042,486,000	1,958,308,000	1,692,280,000	1,579,845,000
Total operating costs	1,908,031,000	1,892,883,000	1,574,993,000	1,477,674,000
Operating result	134,455,000	65,425,000	117,287,000	102,171,000
Financial income/costs	23,753,000	-843,000	-4,093,000	-7,004,000
Profit before tax	158,208,000	64,582,000	113,194,000	95,167,000
Total tax & extraordinary income/cost	28,930,000	14,331,000	25,024,000	20,977,000
Annual Total Result	129,278,000	50,251,000	88,170,000	74,190,000

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	88,641,000	72,988,000	107,735,000	142,352,000
Total current assets	723,572,000	626,678,000	758,023,000	680,654,000
Total assets	812,213,000	699,666,000	865,758,000	823,006,000
Short term debt	656,820,000	412,458,000	541,174,000	480,065,000
Long term debt	54,719,000	37,811,000	51,883,000	65,232,000
Total liabilities	711,539,000	450,269,000	593,057,000	545,297,000
Contributed capital	100,000,000	143,561,000	249,661,000	249,661,000
Retained earnings	674,000	105,836,000	23,041,000	28,048,000
Total equity	100,674,000	249,397,000	272,702,000	277,709,000
Total equity and liabilities	812,213,000	699,666,000	865,759,000	823,006,000

Classification

21st company classification

BETA

Industrial large enterprise

H&P DRILLING NORGE AS918 357 688