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V

VETCO GRAY SCANDINAVIA AS990 441 545

Services for oil and gas
Limited company
Sothammargeilen 1 4029 STAVANGER, Norge

VETCO GRAY SCANDINAVIA 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)

Links

Organization

CEO
TH
Chairman of the board
TH
Years since formation
18 years
since Oct 31, 2006
Type
Limited company
VAT registered
Yes
Number of employees
559

Ownership

Number of shares and share classes
27,037
1 share class
Total number of shareholders
1
person
Belongs to group of

Financials

Total operating income 2022
2,574,299,000
NOK
Annual total result 2022
292,157,000
NOK
Total equity 2022
706,286,000
NOK
Last update: Nov 21, 2024

Management

Management / administration

NameRoleShares
TH
Managing Director/CEO-

Board

NameRoleShares
TH
Chairman-
Board Member-
Board Member-
Alternate Member-
Alternate Member-
Board Member-
Board Member-
Board Member-

Others

NameRoleShares
K
KPMG AS
Auditor-
Last update: Oct 15, 2024

Ownership

Company shareholders

NameShare classNumber of sharesShare
Ordinary shares
27,037
100 %

Shares owned by the VETCO GRAY SCANDINAVIA AS

NameShare classNumber of sharesShare
V
VETCO GRAY AS
Ordinary shares
5,000
100 %
Ordinary shares
4,755,303
100 %
S
STORD SUBSEA CENTER AS
Ordinary shares
50,000
50 %
A
ATHENO PROSJEKTUTVIKLING AS
Ordinary shares
1,500
1.7 %
Last update: May 24, 2024

Group structure

Financials

in NOK

Summary

Year20222021
Total operating income
2,574,299,000
3,111,628,000
Annual Total Result
292,157,000
216,967,000
Total assets
2,065,118,000
2,224,724,000
Total liabilities
1,358,831,000
1,813,333,000
Total equity
706,286,000
411,390,000

P&L

Year20222021
Total operating income
2,574,299,000
3,111,628,000
Total operating costs
2,220,834,000
2,807,575,000
Operating result
353,465,000
304,053,000
Financial income/costs
20,784,000
-18,477,000
Profit before tax
374,249,000
285,576,000
Total tax & extraordinary income/cost
82,092,000
68,609,000
Annual Total Result
292,157,000
216,967,000

Balance overview

Year20222021
Total fixed assets
278,225,000
563,425,000
Total current assets
1,786,893,000
1,661,299,000
Total assets
2,065,118,000
2,224,724,000
Short term debt
1,297,547,000
1,806,817,000
Long term debt
61,284,000
6,516,000
Total liabilities
1,358,831,000
1,813,333,000
Contributed capital
1,470,341,000
1,467,601,000
Retained earnings
-764,055,000
-1,056,211,000
Total equity
706,286,000
411,390,000
Total equity and liabilities
2,065,117,000
2,224,723,000

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