ARCTIC OIL TOOLS AS

ARCTIC OIL TOOLS AS is registered as a limited company in Narvik, Nordland with organisation number 919790199. The business is classified under other technical consultancy (NACE 71.129). The company was incorporated in 2017. Registered share capital is NOK 50,000, divided into 1000 shares. The company's stated purpose is: “Utvikling, produksjon og salg av mekanisk utstyr til oljeindustrien. Investering i næringsvirksomhet herunder aksjer og andeler, samt deltagelse i andre selskaper med lignende virksomhet.”. The most recent filed accounts, for the 2024 financial year, show NOK 1.6m in revenue and NOK 44,000 in operating profit.

Key figures · 2024

Revenue

NOK 1.6m

Operating profit

NOK 44,000

Equity

NOK 906,000

Est. value

NOK 583,000

Financial health · 2024

Liquidity

0.81

Weak

Current assets ÷ current liabilities

Profitability

–

Not available

Return on total assets

Solidity

41.3%

Very good

Equity as a share of total capital

Who owns ARCTIC OIL TOOLS AS?

RAVN CONSULT AS

80.0%

ARCTIC OIL TOOLS AS

NOK 1.6m rev. · NOK 44,000 profit

ARCTIC OIL TOOLS AS has 3 registered shareholders:

• RAVN CONSULT AS 80.0%
• LEONARD OSANEBI OSUGO 15.0%
• LØVSLETT CONSULT AS 5.0%

All shareholders and roles →

Which companies does ARCTIC OIL TOOLS AS own?

ARCTIC OIL TOOLS AS holds stakes in 2 companies:

• OFOTECH AS 80.0%
• BLUEMETRIK AS 50.0%

See the full ownership structure →

Frequently asked questions about ARCTIC OIL TOOLS AS

Who owns ARCTIC OIL TOOLS AS?

RAVN CONSULT AS is the largest registered owner, with 80.0%.

What is the revenue of ARCTIC OIL TOOLS AS?

ARCTIC OIL TOOLS AS had revenue of NOK 1.6m in 2024.

Where is ARCTIC OIL TOOLS AS based?

ARCTIC OIL TOOLS AS has its business address in Narvik.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.