BIZTRAC BETA
COMPANY REGISTER PROFILE
916669550 ORG. NO. 2025 ACCOUNTS 9 SECTIONS
Active UPDATED 02.09.2026
Wholesale of mining, construction and civil engineering machinery

NOR OIL TOOLS AS

Org. no. 916669550 Limited company (AS) Randaberg Incorporated 2016 Active
Ownership graph ↗
Revenue 2025 NOK 13.7m
Operating profit NOK 2.5m
Equity NOK 6.4m
Incorporated 2016
Employees 12
Share capital NOK 102,000

NOR OIL TOOLS AS is registered as a limited company in Randaberg, Rogaland with organisation number 916669550. The business is classified under wholesale of mining, construction and civil engineering machinery (NACE 46.630). The company was incorporated in 2016 and has 12 registered employees. Registered share capital is NOK 102,000, divided into 1693181 shares. The company's stated purpose is: “Utvikle produkter og maskiner rettet mot oljeindustrien, utleie og salg av produkter og maskiner, samt annet som naturlig hører innunder dette.”. The most recent filed accounts, for the 2025 financial year, show NOK 13.7m in revenue and NOK 2.5m in operating profit.

Key figures · 2025

Revenue
NOK 13.7m
▼ −9 %
Operating profit
NOK 2.5m
▼ −20 %
Equity
NOK 6.4m
▲ +50 %
Est. value
NOK 12.4m

Financial health · 2025

Liquidity
1.91
Good
Current assets ÷ current liabilities
Profitability
20.6%
Very good
Return on total assets
Solidity
52.7%
Very good
Equity as a share of total capital

Who owns NOR OIL TOOLS AS?

NOR OIL TOOLS AS has 4 registered shareholders:

All shareholders and roles →

Frequently asked questions about NOR OIL TOOLS AS

Who owns NOR OIL TOOLS AS?

HEGRI AS is the largest registered owner, with 59.1%.

What is the revenue of NOR OIL TOOLS AS?

NOR OIL TOOLS AS had revenue of NOK 13.7m in 2025.

Who is the general manager of NOR OIL TOOLS AS?

Sølve Hetland is registered as general manager of NOR OIL TOOLS AS.

Where is NOR OIL TOOLS AS based?

NOR OIL TOOLS AS has its business address in Randaberg.

Property

Business address Strandbakken 1, 4072 Randaberg
Cadastral unit 1127-48/280/0/0

12 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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