BIZTRAC BETA
Drilling services for petroleum and natural gas extraction

VETCO GRAY SCANDINAVIA AS

Org. no. 990441545 Limited company (AS) Stavanger Incorporated 2006 Active
Ownership graph ↗
Revenue 2024 NOK 2.3bn
Operating profit NOK −46.5m
Equity NOK 502.3m
Incorporated 2006
Employees 507
Share capital NOK 324.5m

Signals

2 flags
  • Driftsunderskudd 2024 Siste driftsresultat er negativt (−46,5 mill kr).
  • Nylig endring 2026-03-04 Adresseendring registrert 2026-03-04.

VETCO GRAY SCANDINAVIA AS is registered as a limited company in Stavanger, Rogaland with organisation number 990441545. The business is classified under drilling services for petroleum and natural gas extraction (NACE 09.101). The company was incorporated in 2006 and has 507 registered employees. Registered share capital is NOK 324.5m, divided into 27037 shares. The company's stated purpose is: “Tilbud av tjenester og produkter til offshoresektoren samt annen virksomhet i tilknytning til dette, herunder deltakelse i andre selskaper med tilsvarende virksomhet gjennom egenkapital, lån eller ved avgivelse av garantier.”. The most recent filed accounts, for the 2024 financial year, show NOK 2.3bn in revenue and NOK −46.5m in operating profit.

Key figures · 2024

Revenue
NOK 2.3bn
Operating profit
NOK −46.5m
Equity
NOK 502.3m
Est. value
NOK 1.2bn

Financial health · 2023

Liquidity
1.11
Satisfactory
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
19.3%
Good
Equity as a share of total capital

Who owns VETCO GRAY SCANDINAVIA AS?

VETCO HOLDINGS NOK LTD
VETCO GRAY SCANDINAVIA AS
NOK 2.3bn rev. · NOK −46.5m profit

VETCO GRAY SCANDINAVIA AS has 1 registered shareholder:

All shareholders and roles →

Which companies does VETCO GRAY SCANDINAVIA AS own?

VETCO GRAY SCANDINAVIA AS holds stakes in 4 companies:

See the full ownership structure →

Frequently asked questions about VETCO GRAY SCANDINAVIA AS

Who owns VETCO GRAY SCANDINAVIA AS?

VETCO HOLDINGS NOK LTD is the largest registered owner, with 100.0%.

What is the revenue of VETCO GRAY SCANDINAVIA AS?

VETCO GRAY SCANDINAVIA AS had revenue of NOK 2.3bn in 2024.

Who is the general manager of VETCO GRAY SCANDINAVIA AS?

Tom Huuse is registered as general manager of VETCO GRAY SCANDINAVIA AS.

Where is VETCO GRAY SCANDINAVIA AS based?

VETCO GRAY SCANDINAVIA AS has its business address in Stavanger.

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

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