PETROLIA NOCO AS

Operating

Drive petroleums-, offshore-, handel-, industri-, og finansiell virksomhet og annen relatert virksomhet samt å delta som aksjonær eller på annen måte i andre virksomheter.

Norsk oljeselskap med fokus på norsk sokkel.

Keywords

extractioncrude oilbituminousoilyshaletar sandsproductiondecantationdesalinationdrying stabilization

Organization

CEO: MS
Morten Stenhaug1966
Chairman of the board: RJ
Robert John Arnott1958
Years since formation: 14 years; since Jun 9, 2011
Type: Limited company
VAT registered: Yes
Number of employees: 16

Ownership

Number of shares and share classes: 170,000,000; 1 share class
Total number of shareholders: 651; 118 companies, 533 persons

Financials

Total operating income 2024: 713,604,000; NOK
Annual total result 2024: -4,051,000; NOK
Total equity 2024: -7,627,000; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
MS Morten Stenhaug 1966	Managing Director/CEO	-

Board

Name	Role	Shares
RJ Robert John Arnott 1958	Chairman	-
BB Brede Bjøvad Larsen 1986	Board Member	7.02 % indirectly
SS Sjur Storaas 1953	Alternate Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
T TMF NORWAY AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
BG Berge Gerdt Larsen 1952	-	8.95 % indirectly
BB Brede Bjøvad Larsen 1986	Board Member	7.02 % indirectly

Last update: Aug 13, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
P PETROLIA AS	NO0010844301	66,792,558	39.29 %
N( Noco (Uk) Ltd	NO0010844301	24,842,496	14.61 %
SP Se Petrolia	NO0010844301	18,032,000	10.61 %
I INCREASED OIL RECOVERY AS	NO0010844301	16,144,165	9.5 %
I INDEPENDENT OIL & RESOURCES PLC	NO0010844301	13,783,713	8.11 %
NO Noco Oil & Resources Ltd	NO0010844301	13,475,000	7.93 %
L LARSEN OIL & GAS AS	NO0010844301	5,537,595	3.26 %
T TIME CRITICAL PETROLEUM RESOURCES AS	NO0010844301	5,461,346	3.21 %
T TOKALA AS	NO0010844301	1,205,075	0.71 %
S SELACO AS	NO0010844301	386,105	0.23 %
A ASKAS AS	NO0010844301	314,070	0.18 %
GA Geir Arild Svendsen 1957	NO0010844301	304,000	0.18 %
E EGD CAPITAL AS	NO0010844301	272,116	0.16 %
SN Sølve Nilsen 1969	NO0010844301	244,828	0.14 %
J JANEM AS Under liquidation	NO0010844301	175,000	0.1 %
S SILVERCOIN INDUSTRIES AS	NO0010844301	167,122	0.1 %
H HAVLI AS	NO0010844301	164,889	0.1 %
M MILLYEN AS	NO0010844301	153,936	0.09 %
BD Bjørn Dahle 1947	NO0010844301	141,613	0.08 %
S SKARET INVEST AS	NO0010844301	138,615	0.08 %
M MARILL AS	NO0010844301	116,107	0.07 %
A ALIENINVEST AS	NO0010844301	94,678	0.06 %
MA Morten Aune 1982	NO0010844301	87,158	0.05 %
F FORLAND HOLDING AS	NO0010844301	84,000	0.05 %
LH Lars Hagen 1960	NO0010844301	77,511	0.05 %
A A. REKDAL AS	NO0010844301	70,000	0.04 %
AH Andreas Horpestad 1943	NO0010844301	69,153	0.04 %
Z ZICO AS	NO0010844301	68,630	0.04 %
JH Jon Hanstveit 1950	NO0010844301	62,522	0.04 %
BR Bjørg Reksten 1964	NO0010844301	58,000	0.03 %
NL Nathalie Lorentzen 1986	NO0010844301	56,000	0.03 %
B BREIVIK INVEST AS	NO0010844301	54,836	0.03 %
N NESTTUN INVEST AS	NO0010844301	52,295	0.03 %
MT Marvik Tjølsen Maria 1991	NO0010844301	49,952	0.03 %
AH Asbjørn Holme 1988	NO0010844301	42,747	0.03 %
SA Sissel Andersen 1953	NO0010844301	41,200	0.02 %
RE Renate Elisabeth Brekke 1968	NO0010844301	41,200	0.02 %
M MP PENSJON PK	NO0010844301	37,906	0.02 %
TL Tor Lien 1942	NO0010844301	37,851	0.02 %
PT Per Terje Holme 1950	NO0010844301	35,207	0.02 %
U U-TURN VENTURES AS	NO0010844301	34,872	0.02 %
OS Ole Stangeland 1959	NO0010844301	31,209	0.02 %
HI Helge Ivar Sognnes 1970	NO0010844301	30,000	0.02 %
EØ Eirik Øverland 1966	NO0010844301	30,000	0.02 %
SH Sondre Hagevold 1995	NO0010844301	30,000	0.02 %
RS Randi Skjold 1973	NO0010844301	30,000	0.02 %
WG William Gullaksen 1991	NO0010844301	30,000	0.02 %
AB Anders Bernhard Bergman 1980	NO0010844301	30,000	0.02 %
CE Camilla Eide 1979	NO0010844301	30,000	0.02 %
JH Jørgen Håstø Borgenvik 1993	NO0010844301	30,000	0.02 %
SE Sandra Eileng 1983	NO0010844301	30,000	0.02 %
KD Ksenia Dammen 1983	NO0010844301	28,571	0.02 %
N NEUMANN INVEST AS	NO0010844301	27,272	0.02 %
PA Per Atle Bjørkum 1970	NO0010844301	27,000	0.02 %
J J.D. TRADING AS	NO0010844301	26,426	0.02 %
JL Janne Larsen Svendsen 1962	NO0010844301	25,290	< 0.01 %
A ACTIVE PRO AS	NO0010844301	20,001	< 0.01 %
AÅ Andre Ådland 1986	NO0010844301	20,000	< 0.01 %
OT Ole Tøfte 1940	NO0010844301	20,000	< 0.01 %
AH Alf Henriksen 1950	NO0010844301	19,904	< 0.01 %
Å ÅRNES SPORT AS	NO0010844301	18,937	< 0.01 %
HS Henning Stener 1975	NO0010844301	16,000	< 0.01 %
C CROWN HILL CHARTERING AS	NO0010844301	15,821	< 0.01 %
AC Arne Christiansen 1933	NO0010844301	13,615	< 0.01 %
SE Solveig Eliassen 1953	NO0010844301	13,301	< 0.01 %
SB Svein Blichfeldt Lund 1946	NO0010844301	13,074	< 0.01 %
MN Mona Nilsen Bergersen 1964	NO0010844301	12,929	< 0.01 %
HM Haakon Morten Sæter 1963	NO0010844301	11,701	< 0.01 %
ES Einar Ståle Huse 1970	NO0010844301	11,588	< 0.01 %
LE Lillian Elvik-Bull 1986	NO0010844301	11,429	< 0.01 %
N NORWEGIAN PRESERVING CO AS	NO0010844301	10,914	< 0.01 %
KJ Karl Johan Vaksvik 1950	NO0010844301	10,900	< 0.01 %
L LOBSTER MANAGEMENT AS	NO0010844301	10,895	< 0.01 %
BA Bank As Danske	NO0010844301	10,507	< 0.01 %
JK Jostein Kauserud 1969	NO0010844301	10,093	< 0.01 %
J JACON A/S	NO0010844301	10,000	< 0.01 %
SG Steinar Grønland 1977	NO0010844301	10,000	< 0.01 %
KJ Knut Johan Kvalheim 1952	NO0010844301	9,849	< 0.01 %
GT Gerd Thune 1935	NO0010844301	9,745	< 0.01 %
AB Anette Broch Mathisen Tvedt 1985	NO0010844301	8,400	< 0.01 %
HO Hans Olav Schütt 1985	NO0010844301	8,159	< 0.01 %
KG Knut Gisle Tønder 1954	NO0010844301	6,848	< 0.01 %
H HAVNA AS	NO0010844301	6,542	< 0.01 %
HF Håkon Fjærli 2000	NO0010844301	6,500	< 0.01 %
AK Astrid Karin Svenheim 1949	NO0010844301	6,102	< 0.01 %
HJ Henrik Johan Lisæth 1933	NO0010844301	4,828	< 0.01 %
W WELLINVEST AS	NO0010844301	4,768	< 0.01 %
I INTER SEA AS	NO0010844301	4,358	< 0.01 %
OK Ole Kristian Pettersen 1960	NO0010844301	4,358	< 0.01 %
K KTO INVEST AS	NO0010844301	4,106	< 0.01 %
B BRØDRENE NORDBØ AS	NO0010844301	3,923	< 0.01 %
C CARPE DIEM AFSETH AS	NO0010844301	3,923	< 0.01 %
L LEIF INGE SLETTHEI AS	NO0010844301	3,891	< 0.01 %
EG Einar Galtung Døsvig 1934	NO0010844301	3,885	< 0.01 %
AM Arild Magne Nilsen 1943	NO0010844301	3,636	< 0.01 %
A AASE INVESTERING AS	NO0010844301	3,487	< 0.01 %
RS Ragnar Skrivervik 1954	NO0010844301	3,469	< 0.01 %
T TRONES INVESTERING AS	NO0010844301	3,361	< 0.01 %
RK Rolf Kjell Bekkevik 1946	NO0010844301	3,324	< 0.01 %
HF Herman Friele 1943	NO0010844301	3,312	< 0.01 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	713,604,000	9,810,000	34,187,492	4,016,042
Annual Total Result	-4,051,000	-34,376,000	-38,410,227	-64,260,606
Total assets	1,049,481,000	1,093,362,000	321,582,774	314,434,494
Total liabilities	1,057,109,000	1,096,937,000	310,782,645	295,224,137
Total equity	-7,627,000	-3,576,000	10,800,130	19,210,357

P&L

Year	2024	2023	2022	2021
Total operating income	713,604,000	9,810,000	34,187,492	4,016,042
Total operating costs	666,619,000	101,866,000	140,103,660	231,232,880
Operating result	46,985,000	-92,056,000	-105,916,168	-227,216,838
Financial income/costs	-46,348,000	-18,169,000	-16,595,317	-10,285,130
Profit before tax	637,000	-110,225,000	-122,511,485	-237,501,968
Total tax & extraordinary income/cost	4,688,000	-75,849,000	-84,101,258	-173,241,362
Annual Total Result	-4,051,000	-34,376,000	-38,410,227	-64,260,606

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	815,816,000	904,461,000	152,701,922	169,105,739
Total current assets	233,665,000	188,901,000	168,880,852	145,328,755
Total assets	1,049,481,000	1,093,362,000	321,582,774	314,434,494
Short term debt	414,363,000	420,528,000	119,111,670	95,009,601
Long term debt	642,746,000	676,409,000	191,670,975	200,214,536
Total liabilities	1,057,109,000	1,096,937,000	310,782,645	295,224,137
Contributed capital	17,000,000	17,000,000	16,000,000	19,210,357
Retained earnings	-24,627,000	-20,576,000	-5,199,870	0
Total equity	-7,627,000	-3,576,000	10,800,130	19,210,357
Total equity and liabilities	1,049,482,000	1,093,361,000	321,582,775	314,434,494

Classification

21st company classification

BETA

Small company

PETROLIA NOCO AS997 015 231

PETROLIA NOCO AS

Keywords

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Financials

Summary

P&L

Balance overview

Classification