NOBLE DRILLING OPERATING SERVICES A/S

CVR number: 24206998
Lyngby Hovedgade 85, 2800 Kgs. Lyngby
tel: 33633363

Credit rating

Company information

Official name
NOBLE DRILLING OPERATING SERVICES A/S
Established
1986
Company form
Limited company
Industry
  • Expand more icon09Mining support service activities

About the company

NOBLE DRILLING OPERATING SERVICES A/S (CVR number: 24206998) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 147.6 mUSD in 2023, demonstrating a decline of -18.8 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 1.8 mUSD), while net earnings were 5385 kUSD. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NOBLE DRILLING OPERATING SERVICES A/S's liquidity measured by quick ratio was 2.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (mUSD)

EBIT (mUSD)

Profitability

Solidity

Key figures (mUSD)

See financials
20192020202120222023
Volume
Net sales81.8894.41178.01181.74147.65
Gross profit8.5412.795.637.081.76
EBIT8.5412.795.627.081.76
Net earnings12.6511.3912.02-0.945.38
Shareholders equity total17.6028.9941.0132.0037.38
Balance sheet total (assets)39.9466.96116.5684.2171.02
Net debt-1.1821.0854.1726.9127.98
Profitability
EBIT-%10.4 %13.5 %3.2 %3.9 %1.2 %
ROA36.5 %27.2 %15.7 %9.8 %8.6 %
ROE95.3 %48.9 %34.3 %-2.6 %15.5 %
ROI65.0 %43.0 %19.9 %12.8 %10.7 %
Economic value added (EVA)7.219.483.293.03-0.30
Solvency
Equity ratio44.1 %43.3 %35.2 %38.0 %52.6 %
Gearing72.7 %132.1 %84.1 %74.8 %
Relative net indebtedness %25.9 %40.2 %42.4 %28.7 %22.8 %
Liquidity
Quick ratio2.12.01.61.72.1
Current ratio2.12.01.61.72.1
Cash and cash equivalents1.18
Capital use efficiency
Trade debtors turnover (days)122.875.564.851.162.5
Net working capital %24.8 %34.3 %24.9 %19.6 %24.9 %
Credit risk
Credit ratingBBABBBBBBBBB

Variable visualization

ROA:8.60%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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