ISLAND DRILLING COMPANY AS

Signals

2 flags

• ▼ Negativ egenkapital 2025 Bokført egenkapital er negativ (−127,5 mill kr).
• ▼ Driftsunderskudd 2025 Siste driftsresultat er negativt (−59,3 mill kr).

ISLAND DRILLING COMPANY AS is registered as a limited company in Ulstein, Møre og Romsdal with organisation number 918375651. The business is classified under drilling services for petroleum and natural gas extraction (NACE 09.101). The company was incorporated in 2017. Registered share capital is NOK 87.4m, divided into 87373852 shares. The company's stated purpose is: “Å konstruere, markedsføre, selge og operere fartøy for støtteoperasjoner, som undervannsarbeid og bolig tilknyttet oljeindustrien, herunder å delta i andre selskaper, kjøp og salg av fast eiendom og hva dermed står i forbindelse.”. The most recent filed accounts, for the 2025 financial year, show USD 16.7m in revenue and USD −59.3m in operating profit.

Former names: ATHOMSTART INVEST 156 AS

This company reports in USD. The figures below are as filed, not converted to kroner. The top lists convert them to NOK at Norges Bank's rate for the end of the accounting year.

Key figures · 2025

Revenue

USD 16.7m

▼ −66 %

Operating profit

USD −59.3m

▼ −43 %

Equity

USD −127.5m

▼ −106 %

Financial health · 2025

Liquidity

0.10

Not satisfactory

Current assets ÷ current liabilities

Profitability

-20.8%

Not satisfactory

Return on total assets

Solidity

-48.2%

Weak

Equity as a share of total capital

Solidity capped at Weak because equity is below NOK 100,000.

Who owns ISLAND DRILLING COMPANY AS?

RIG INVEST LLC US

49.2%

METEVA AS Org. no. 989005731

30.1%

BORGSTEIN AS Org. no. 824783802

20.7%

ISLAND DRILLING COMPANY AS

NOK 16.7m rev. · NOK −59.3m profit

ISLAND DRILLING COMPANY AS has 3 registered shareholders:

• RIG INVEST LLC 49.2%
• METEVA AS 30.1%
• BORGSTEIN AS 20.7%

All shareholders and roles →

Which companies does ISLAND DRILLING COMPANY AS own?

ISLAND DRILLING COMPANY AS holds stakes in 2 companies:

• ISLAND DRILLING MANAGEMENT AS 100.0%
• ISLAND DRILLING CREWING AS 100.0%

See the full ownership structure →

Group structure

ISLAND DRILLING COMPANY AS er morselskap for 1 datterselskap:

• ISLAND DRILLING CREWING AS 100%

Frequently asked questions about ISLAND DRILLING COMPANY AS

Who owns ISLAND DRILLING COMPANY AS?

RIG INVEST LLC is the largest registered owner, with 49.2%.

What is the revenue of ISLAND DRILLING COMPANY AS?

ISLAND DRILLING COMPANY AS had revenue of USD 16.7m in 2025.

Who is the general manager of ISLAND DRILLING COMPANY AS?

Roger Simmenes is registered as general manager of ISLAND DRILLING COMPANY AS.

Where is ISLAND DRILLING COMPANY AS based?

ISLAND DRILLING COMPANY AS has its business address in Ulsteinvik.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 03.10.2026.