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A

ARCHER NORGE AS991 478 450

Services for oil and gas
Limited company
Sandnesveien 358 4312 SANDNES, Norge

ARCHER NORGE 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
18 years
since Jul 19, 2007
Type
Limited company
VAT registered
Yes
Number of employees
358

Ownership

Number of shares and share classes
12,688,500
1 share class
Total number of shareholders
1
person
Belongs to group of

Financials

Total operating income 2024
893,000,000
NOK
Annual total result 2024
70,000,000
NOK
Total equity 2024
1,923,000,000
NOK
Last update: Jun 5, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-
Alternate Member-
Alternate Member-
Alternate Member-
Observer-
Alternate Member-
Observer-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-
Last update: May 27, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
Ordinary shares
12,688,500
100 %

Shares owned by the ARCHER NORGE AS

NameShare classTotal number of sharesShare
A
ARCHER CONSULTING AS
Ordinary shares
300
100 %
A
ARCHER WIND AS
Ordinary shares
118,809
100 %
C
COMTRAC AS
Ordinary shares
3,000
100 %
A
ARCHER AS
Ordinary shares
17,633
100 %
A
ARCHER OILTOOLS AS
Ordinary shares
59,175
99.83 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 893,000,000
    Operating profit 2024: NOK 26,000,000
    Employees: 358

Financials

in NOK

Summary

Year2024202320222021
Total operating income
893,000,000
788,000,000
655,918,217
537,935,964
Annual Total Result
70,000,000
-259,000,000
-185,359,584
-244,413,802
Total assets
8,388,000,000
6,748,000,000
5,193,503,693
6,274,796,970
Total liabilities
6,465,000,000
5,196,000,000
3,782,190,062
4,679,736,851
Total equity
1,923,000,000
1,552,000,000
1,411,313,631
1,595,060,119

P&L

Year2024202320222021
Total operating income
893,000,000
788,000,000
655,918,217
537,935,964
Total operating costs
867,000,000
754,000,000
643,145,384
536,225,975
Operating result
26,000,000
34,000,000
12,772,833
1,709,989
Financial income/costs
61,000,000
-323,000,000
-238,601,770
-247,890,919
Profit before tax
87,000,000
-289,000,000
-225,828,937
-246,180,930
Total tax & extraordinary income/cost
17,000,000
-30,000,000
-40,469,353
-1,767,128
Annual Total Result
70,000,000
-259,000,000
-185,359,584
-244,413,802

Balance overview

Year2024202320222021
Total fixed assets
6,171,000,000
5,795,000,000
4,670,994,270
5,022,534,190
Total current assets
2,217,000,000
953,000,000
522,509,423
1,252,262,780
Total assets
8,388,000,000
6,748,000,000
5,193,503,693
6,274,796,970
Short term debt
1,792,000,000
1,033,000,000
357,323,972
701,689,594
Long term debt
4,673,000,000
4,163,000,000
3,424,866,090
3,978,047,257
Total liabilities
6,465,000,000
5,196,000,000
3,782,190,062
4,679,736,851
Contributed capital
2,637,000,000
2,336,000,000
1,935,331,539
1,933,718,443
Retained earnings
-714,000,000
-784,000,000
-524,017,908
-338,658,324
Total equity
1,923,000,000
1,552,000,000
1,411,313,631
1,595,060,119
Total equity and liabilities
8,388,000,000
6,748,000,000
5,193,503,693
6,274,796,970

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