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Norway
In shortPetronor E&p ASA is profitable, generates cash and holds more cash than debt, with revenue shrinking (−59.4% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 50.5% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 8.8% | 55/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 4.2% | 21/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 22.5% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 7.69× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.00× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 116.27× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 9.14 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 49.7% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 5.66× | 100/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 4 | 58/100 |
| Revenue growth volatility | 43.7% | 0/100 |
| Operating margin volatility | 6.4% | 51/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -17.1% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | -32.1% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 106 | 146 | 187 | 205 | 83 |
| Cost of revenue | 35 | 46 | 71 | 105 | 26 |
| Gross profit | 72 | 100 | 117 | 99 | 57 |
| Operating income | 57 | 85 | 105 | 85 | 42 |
| Interest expense | 3 | 3.3 | 3.3 | 3.7 | 0.4 |
| Pre-tax income | 54 | 80 | 101 | 84 | 43 |
| Income tax | 33 | 48 | 40 | 40 | 31 |
| Net income | 12 | 27 | 68 | 34 | 7.3 |
| Diluted EPS | $0.01 | $0.18 | $0.35 | $0.25 | $0.06 |
9.14 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Apr 30, 2026