Cegal is a company delivering cloud solutions, software applications, and consultancy services for oil and gas, renewables, and ocean industries. It offers geology and geophysics, reservoir engineering, data management, and operational technologies solutions. The company provides products such as Blueback Rock Physics, Blueback ODiSI, Blueback Geophysics Toolbox, Blueback Reservoir Engineering Toolbox, Blueback Project Tracker, Blueback Project Management Toolbox, Connect@Plant.

Employee Rating

3.2More
TypeSubsidiary
HQSandnes, NO
Founded2000
Websitecegal.com
Cegal was founded in 2000 and is headquartered in Sandnes, NO

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Key People/Management at Cegal

Svein Torgersen

Svein Torgersen

Chief Executive Officer
Trym Gudmundsen

Trym Gudmundsen

Chief Financial Officer
Asbjørn Tonstad

Asbjørn Tonstad

Chief Technology Officer
Nina Amdal Fiskaaen

Nina Amdal Fiskaaen

Chief Strategy Officer
Harald Sundalskleiv

Harald Sundalskleiv

Chief Commercial Officer
Poul Erik Jensen

Poul Erik Jensen

Chief Services Officer
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Cegal Office Locations

Cegal has offices in Sandnes, Oslo, Trondheim, Houston and in 5 other locations
Sandnes, NO (HQ)
Vestre Svanholmen 4
Oslo, NO
Nedre Vollgate 9
Trondheim, NO
Beddingen 2
Calgary, CA
Bow Valley Square II, #3300 205 5th Avenue SW
Kuala Lumpur, MY
22, Jalan P. Ramlee
Dubai, AE
AL Thuraya Tower 1, Office 208,
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Cegal Financials and Metrics

Summary Metrics

Founding Date

2000

Cegal Revenue

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View revenue for all periods
Cegal's revenue was reported to be kr640.9 m in FY, 2018 which is a 20.9% increase from the previous period.
NOKFY, 2016FY, 2017FY, 2018

Revenue

506.9m530.2m640.9m

Revenue growth, %

5%21%

Cost of goods sold

138.8m153.3m227.4m

Gross profit

368.1m376.8m413.5m
NOKFY, 2016FY, 2017FY, 2018

Cash

45.9m20.5m35.4m

Accounts Receivable

91.1m83.7m152.0m

Prepaid Expenses

18.7m27.8m10.8m

Current Assets

158.6m143.0m227.2m
NOKFY, 2016FY, 2017FY, 2018

Depreciation and Amortization

69.7m68.5m93.2m

Accounts Payable

3.5m4.0m26.4m

Cash From Operating Activities

66.4m37.8m102.3m

Purchases of PP&E

(31.0m)(30.8m)(36.5m)
NOKFY, 2016

Debt/Equity

1.4 x

Debt/Assets

0.4 x

Financial Leverage

3.6 x
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Cegal Operating Metrics

FY, 2018FY, 2019FY, 2020

Applications

1 k1.3 k1.3 k

Customers

210210200

Data Centers

77

End Users

15 k15 k15 k
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Cegal Acquisitions / Subsidiaries

Company NameDateDeal Size
EnvisionMay 20, 2021
Blueback ReservoirAugust 19, 2014

Cegal Revenue Breakdown

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Cegal revenue breakdown by business segment: 46.8% from Cloud, 14.3% from Software Products, 6.5% from Hardware/Software, 25.9% from Cloud Services and 6.4% from Other

Cegal revenue breakdown by geographic segment: 5.4% from North and South America, 8.2% from UK and Africa, 84.0% from Norway, Continental Europe and Russia and 2.4% from Other

Cegal Online and Social Media Presence

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Cegal Frequently Asked Questions

  • When was Cegal founded?

    Cegal was founded in 2000.

  • Who are Cegal key executives?

    Cegal's key executives are Svein Torgersen, Trym Gudmundsen and Asbjørn Tonstad.

  • How many employees does Cegal have?

    Cegal has 384 employees.

  • What is Cegal revenue?

    Latest Cegal annual revenue is kr640.9 m.

  • What is Cegal revenue per employee?

    Latest Cegal revenue per employee is kr1.7 m.

  • Who are Cegal competitors?

    Competitors of Cegal include Enit Energy IT Systems, Utiligroup and Nexant.

  • Where is Cegal headquarters?

    Cegal headquarters is located at Vestre Svanholmen 4, Sandnes.

  • Where are Cegal offices?

    Cegal has offices in Sandnes, Oslo, Trondheim, Houston and in 5 other locations.

  • How many offices does Cegal have?

    Cegal has 9 offices.