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D

DEVICO INTERNATIONAL OPERATION AS995 950 499

Counseling
Limited company
Industriveien 43A 7080 HEIMDAL, Norge

DEVICO INTERNATIONAL OPERATION AS

Operating
Å drive internasjonalt med tjenester innen fagområde styrt boring, borehullsteknologi og tilgrensede aktiviteter, samt deltakelse i andre selskaper.
Styrt boring og borehullsteknologi.

Keywords

geologicalgeophysicalgeochemicalscientificconsulting serviceslocationmineral depositsoil and gasgroundwater

Organization

CEO
EO

Erlend Olsø1974

Chairman of the board
PE

Paul Edward House1970

Years since formation
16 years
since Sep 30, 2010
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

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

Financials

Total operating income 2025
1,448,309
NOK
Annual total result 2025
595,855
NOK
Total equity 2025
1,636,790
NOK
Last update: Aug 1, 2026

Management

Management / administration

NameRoleShares
EO

Erlend Olsø

1974

Managing Director/CEO-

Board

NameRoleShares
PE

Paul Edward House

1970

Chairman-
EO

Erlend Olsø

1974

Board Member-
AH

Anita Holten

1968

Board Member-
LE

Linda Evelyn Lim Chappell

1974

Board Member-

Others

NameRoleShares
D
DELOITTE AS
Auditor-
Last update: Feb 20, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
D
DEVICO AS
Ordinary shares
1,000
100 %
Last update: Jun 2, 2025

Group structure

  • DEVICO AS
    Total operating income 2025: NOK 315,930,192
    Operating profit 2025: NOK 147,057,989
    Employees: 57

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
1,448,309
5,498,175
23,405,633
19,905,458
13,067,832
Annual Total Result
595,855
-642,316
9,440,166
6,964,656
5,805,014
Total assets
2,157,387
10,547,994
16,065,227
19,919,731
14,692,642
Total liabilities
520,597
9,507,059
14,381,976
18,236,646
13,074,213
Total equity
1,636,790
1,040,935
1,683,251
1,683,085
1,618,429

P&L

Year20252024202320222021
Total operating income
1,448,309
5,498,175
23,405,633
19,905,458
13,067,832
Total operating costs
1,044,530
6,928,913
12,352,975
11,372,162
6,035,524
Operating result
403,779
-1,430,738
11,052,658
8,533,296
7,032,308
Financial income/costs
346,629
611,733
1,051,646
392,785
410,017
Profit before tax
750,408
-819,005
12,104,305
8,926,081
7,442,325
Total tax & extraordinary income/cost
154,553
-176,689
2,664,139
1,961,425
1,637,311
Annual Total Result
595,855
-642,316
9,440,166
6,964,656
5,805,014

Balance overview

Year20252024202320222021
Total fixed assets
168,736
179,863
3,174
99,994
5,495
Total current assets
1,988,651
10,368,131
16,062,053
19,819,737
14,687,147
Total assets
2,157,387
10,547,994
16,065,227
19,919,731
14,692,642
Short term debt
520,597
9,507,059
14,381,976
18,236,646
13,074,213
Long term debt
0
0
0
0
0
Total liabilities
520,597
9,507,059
14,381,976
18,236,646
13,074,213
Contributed capital
103,233
103,233
103,233
103,233
103,233
Retained earnings
1,533,557
937,702
1,580,018
1,579,852
1,515,196
Total equity
1,636,790
1,040,935
1,683,251
1,683,085
1,618,429
Total equity and liabilities
2,157,387
10,547,994
16,065,227
19,919,731
14,692,642

Classification

21st company classification
BETA
Small company
Category
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
M
Main industrial area
Professional, scientific and technical activities
71
Activity
Architectural and engineering activities; technical testing and analysis
71.1
Main industrial group
Architectural and engineering activities and related technical consultancy
71.12
Industrial group
Engineering activities and related technical consultancy
71.122
Industrial group
Geological surveying