Norske Shell AS | Detailed information

Norske Shell AS - Detailed information

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Norske Shell AS

Business ID:	914 807 077
Company:	Norske Shell AS
Address:	Pb 40
	NO-4098 Tananger
Visiting address:	Risavika Havnering 300
County:	Rogaland
Telephone:	+47 51693000
Fax:	+47 51693030
E-mail:	norske.shell@shell.com
Website:	www.shell.no

Chairman of the board:	John-Steinar Kvitvang
Managing Director/CEO:	David Lawson Loughman
Finances:	Trond Brandsrud

Established:

1912

Subsidiary company to:

Shell Olje og Gas Holding BV

Stock-exchange listing:

Not listed

Rank in the Nordic countries (incl. subsidiaries) by

Net turnover

rank: 82

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Net profit	rank: 27
Number of employees	rank: 944
Total assets	rank: 155

Industry sector:

B11

Extraction of crude petroleum and natural gas service activities incidental to oil and gas extraction excluding surveying

Activity code:

11100

Extraction of crude petroleum and natural gas

Rank in industry in the Nordic countries by :

Net turnover

rank: 4

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Industry sector:	B11	Extraction of crude petroleum and natural gas service activities incidental to oil and gas extraction excluding surveying
Rank in industry in the Nordic countries by:
Total assets		rank: 7
Profitability		rank: 36
Solvency		rank: 145
Return on assets (ROA)		rank: 24
Return on equity (ROE)		rank: 17
Net profit		rank: 5
Number of employees		rank: 9

Closing information (x1000 EUR)
Fiscal year	200712	200612	200512
Net turnover	3.925.442	3.301.202	3.043.734
- exports
Foreign sales
Financial expenses	302.343	200.935	141.143
Earnings before taxes	1.749.376	1.325.570	1.292.478
Total assets	4.730.937	3.873.924	3.539.742
Current assets	1.706.507	1.049.300	1.163.995
Current liabilities	2.007.095	1.430.989	1.229.552
Equity capital	520.701	795.969	737.556
- share capital	64.931	64.931	64.931
Employees (average)	1.045	673	939
Shareholders			1
Investments in fixed assets

Financial ratios
Solvency	11.0%	20.5%	20.8%
Turnover per employee	3.756	4.905	3.241
Earnings as % of turnover	44.6%	40.2%	42.5%
Return on assets (ROA)	43.4%	39.4%	40.5%
Current ratio	85.0%	73.3%	94.7%
Return on equity (ROE)	336.0%	166.5%	175.2%

Closing figures are converted from local currency to euros according to the exchange rate on closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from UC (Sweden), CreditInform (Norway), KOB (Denmark) and Asiakastieto (Finland).

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