BIZTRAC BETA
COMPANY REGISTER PROFILE
997504704 ORG. NO. 2025 ACCOUNTS 7 SECTIONS
Active UPDATED 02.09.2026
Drilling services for petroleum and natural gas extraction

NORTH SEA RIGS AS

Org. no. 997504704 Limited company (AS) Sandnes Incorporated 2011 Active
Ownership graph ↗
Revenue 2025 NOK 72.1m
Operating profit NOK 10.5m
Equity NOK 11.7m
Incorporated 2011
Share capital NOK 196,000

NORTH SEA RIGS AS is registered as a limited company in Sandnes, Rogaland with organisation number 997504704. The business is classified under drilling services for petroleum and natural gas extraction (NACE 09.101). The company was incorporated in 2011. Registered share capital is NOK 196,000, divided into 196 shares. The company's stated purpose is: “Konstruere, markedsføre, selge og operere fartøy og utstyr for maritime operasjoner tilknyttet oljerelatert virksomhet (jackup rigs, floating production semi-submersible vessels), herunder å delta i andre selskaper, kjøp salg av fast eiendom og hva hermed står i forbindelse.”. The most recent filed accounts, for the 2025 financial year, show NOK 72.1m in revenue and NOK 10.5m in operating profit.

Key figures · 2025

Revenue
NOK 72.1m
▲ +23 %
Operating profit
NOK 10.5m
▲ +1581 %
Equity
NOK 11.7m
▲ +128 %
Est. value
NOK 28.9m

Financial health · 2025

Liquidity
1.85
Good
Current assets ÷ current liabilities
Profitability
46.2%
Very good
Return on total assets
Solidity
48.3%
Very good
Equity as a share of total capital

Who owns NORTH SEA RIGS AS?

NORTH SEA RIGS AS has 4 registered shareholders:

All shareholders and roles →

Frequently asked questions about NORTH SEA RIGS AS

Who owns NORTH SEA RIGS AS?

HYC is the largest registered owner, with 49.0%.

What is the revenue of NORTH SEA RIGS AS?

NORTH SEA RIGS AS had revenue of NOK 72.1m in 2025.

Who is the general manager of NORTH SEA RIGS AS?

Stephen Adshead is registered as general manager of NORTH SEA RIGS AS.

Where is NORTH SEA RIGS AS based?

NORTH SEA RIGS AS has its business address in Sandnes.

Property

Business address Grenseveien 21, 4313 Sandnes
Cadastral unit 1108-67/141/0/0
Building Kontor- og administrasjonsbygning, rådhus · 1 unit

134 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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