About DOF
DOF is a company based in Storebo (Norway) founded in 1981.. The company has 4,380 employees as of December 31, 2024. DOF has completed 1 acquisition, including Maersk Supply Service. DOF offers products and services including Subsea Services, Marine Services, and Renewables Services. DOF operates in a competitive market with competitors including Rovco, DeepOcean, MMA Offshore, Ocean Aero and Bhagwan Marine, among others.
- Headquarter Storebo, Norway
- Employees 4380 as on 31 Dec, 2024
- Stage Public
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Sectors
Aerospace, Defense & Maritime
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Dof Group Asa
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Annual Revenue
$1.31 B (USD)24.86as on Dec 31, 2024
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Net Profit
$168.23 M (USD)-53.75as on Dec 31, 2024
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EBITDA
$490.6 M (USD)33.59as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
4380
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of DOF
DOF is a publicly listed company on the OSL with ticker symbol DOFG in Norway, operating in the Energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of DOF
DOF offers a comprehensive portfolio of products and services, including Subsea Services, Marine Services, and Renewables Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers inspection, repair, and maintenance for subsea operations
Manages and operates offshore support vessels globally
Provides floating wind installation and support
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Leadership Team
18 people
Senior Team
17 people
Human Resources and Administration
14 people
Software Development Team
11 people
ROV Team
9 people
Finance and Accounting
7 people
Project Team
6 people
Shift Team
5 people
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Funding Insights of DOF
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by DOF
DOF has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Maersk Supply Service. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Oil and gas supply services are provided by the company.
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1967 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - DOF
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dof Comparisons
Competitors of DOF
DOF operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rovco, DeepOcean, MMA Offshore, Ocean Aero and Bhagwan Marine, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of AI-driven ROVs and services for inspection of ships
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| domain | founded_year | HQ Location |
Provider of subsea repair and maintenance services
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| domain | founded_year | HQ Location |
Offshore support services provider to the oil & gas industry
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| domain | founded_year | HQ Location |
Autonomous underwater vehicles are supplied for surface and subsurface monitoring.
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| domain | founded_year | HQ Location |
Offshore vessel support, project management, and engineering services are provided.
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| domain | founded_year | HQ Location |
Ultra-wideband acoustic technology is provided for pipeline inspections.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dof
Frequently Asked Questions about DOF
When was DOF founded?
DOF was founded in 1981.
Where is DOF located?
DOF is headquartered in Storebo, Norway. It is registered at Storebo, Vestland, Norway.
Who is the current CEO of DOF?
Mons S Aase is the current CEO of DOF.
How many employees does DOF have?
As of Dec 31, 2024, the latest employee count at DOF is 4,380.
What is the annual revenue of DOF?
Annual revenue of DOF is $1.31B as on Dec 31, 2024.
What does DOF do?
Founded in 1981 in Storebo, Norway, DOF operates in the maritime sector. Ship management services are delivered, including vessel operations and maintenance, while engineering support is extended for offshore and subsea activities. Technical expertise is applied to ensure compliance and efficiency for international clients. Headquarters remain in Norway, with CEO Mons S Aase overseeing strategic direction.
Who are the top competitors of DOF?
DOF's top competitors include Rovco, DeepOcean and Ocean Aero.
What products or services does DOF offer?
DOF offers Subsea Services, Marine Services, and Renewables Services.
Is DOF publicly traded?
Yes, DOF is publicly traded on OSL under the ticker symbol DOFG.
How many acquisitions has DOF made?
DOF has made 1 acquisition, including Maersk Supply Service.
What is DOF's ticker symbol?
The ticker symbol of DOF is DOFG on OSL.