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COSL DRILLING EUROPE AS

COSL DRILLING EUROPE AS988 288 330

Services for oil and gas
Limited company
Vestre Svanholmen 4 4313 SANDNES, Norge

COSL DRILLING EUROPE AS

Rigs for the future,Rigs for the future

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

Chairman of the board
Years since formation
19 years
since Jun 11, 2005
Type
Limited company
VAT registered
Yes
Number of employees
65

Ownership

Number of shares and share classes
50,242,448
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2023
201,444,710
NOK
Annual total result 2023
-396,950,736
NOK
Total equity 2023
-1,872,605,833
NOK
Last update: Nov 21, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-
BL
Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
C
COSL NORWEGIAN AS
NO0010283013
50,242,448
100 %

Shares owned by the COSL DRILLING EUROPE AS

NameShare classNumber of sharesShare
C
COSL OFFSHORE CREW AS
Ordinary shares
100
100 %
C
COSL OFFSHORE MANAGEMENT AS
Ordinary shares
100,000
100 %
Last update: May 24, 2024

Group structure

  • Total operating income 2023: NOK 0
    Operating profit 2023: NOK -22,271
    Employees: 0

Financials

in NOK

Summary

Year202320222021
Total operating income
201,444,710
154,935,866
130,496,199
Annual Total Result
-396,950,736
-151,754,964
-1,402,560,513
Total assets
4,370,166,255
4,412,575,878
4,115,534,212
Total liabilities
6,242,772,089
5,888,230,975
5,439,434,347
Total equity
-1,872,605,833
-1,475,655,097
-1,323,900,133

P&L

Year202320222021
Total operating income
201,444,710
154,935,866
130,496,199
Total operating costs
189,870,643
147,346,332
124,185,154
Operating result
11,574,067
7,589,534
6,311,045
Financial income/costs
-408,524,803
-159,344,498
-1,408,871,558
Profit before tax
-396,950,736
-151,754,964
-1,402,560,513
Total tax & extraordinary income/cost
0
0
0
Annual Total Result
-396,950,736
-151,754,964
-1,402,560,513

Balance overview

Year202320222021
Total fixed assets
4,337,084,880
4,354,871,122
4,090,072,465
Total current assets
33,081,375
57,704,756
25,461,747
Total assets
4,370,166,255
4,412,575,878
4,115,534,212
Short term debt
1,159,874,574
1,132,042,829
1,049,422,674
Long term debt
5,082,897,515
4,756,188,146
4,390,011,673
Total liabilities
6,242,772,089
5,888,230,975
5,439,434,347
Contributed capital
68,460,354
68,460,354
68,460,354
Retained earnings
-1,941,066,187
-1,544,115,451
-1,392,360,487
Total equity
-1,872,605,833
-1,475,655,097
-1,323,900,133
Total equity and liabilities
4,370,166,256
4,412,575,878
4,115,534,214

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