BIZTRAC BETA
Other technical consultancy

INCREASED OIL RECOVERY AS

Org. no. 976810252 Limited company (AS) Oslo Incorporated 1996 Active
Ownership graph ↗
Operating profit NOK −418,000
Equity NOK 396.7m
Incorporated 1996
Share capital NOK 85.0m

Signals

1 flags
  • Driftsunderskudd 2024 Siste driftsresultat er negativt (−418k kr).

INCREASED OIL RECOVERY AS is registered as a limited company in Oslo, Oslo with organisation number 976810252. The business is classified under other technical consultancy (NACE 71.129). The company was incorporated in 1996. Registered share capital is NOK 85.0m, divided into 85000000 shares. The company's stated purpose is: “Ta del i og investere i riggprosjekter, prosjekter innenfor økt utvinning av olje- og gassfelt, utvikle teknologi og systemer for økt utvinning samt annen virksomhet innenfor offshore-, olje- og gassindustrien.”.

Key figures · 2024

Operating profit
NOK −418,000
Equity
NOK 396.7m
Est. value
NOK 379.7m

Financial health · 2024

Liquidity
20.19
Very good
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
98.6%
Very good
Equity as a share of total capital

Who owns INCREASED OIL RECOVERY AS?

TWITS AS
INCREASED OIL RECOVERY AS
· NOK −418,000 profit

INCREASED OIL RECOVERY AS has 2 registered shareholders:

All shareholders and roles →

Which companies does INCREASED OIL RECOVERY AS own?

INCREASED OIL RECOVERY AS holds stakes in 10 companies:

See the full ownership structure →

Group structure

INCREASED OIL RECOVERY AS er morselskap for 1 datterselskap:

Frequently asked questions about INCREASED OIL RECOVERY AS

Who owns INCREASED OIL RECOVERY AS?

TWITS AS is the largest registered owner, with 55.1%.

Where is INCREASED OIL RECOVERY AS based?

INCREASED OIL RECOVERY AS has its business address in Oslo.

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

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