Effee Foundry AS
Score · fiscal year 2025
37of 100
How to read this: the company is ahead of 26 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 853 of 1,149 · What are Morning company classes?
Place in the whole sector: 3,354 of 4,464 · Industri
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 6 and solidity 19 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Effee Foundry AS is 13 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 1,149 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −443.1% (median 3.3%) and equity ratio 12.9% (median 38.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 4 MNOK |
| Operating margin | −443.1% | 3.3% |
| Profit margin | −549.5% | 2.5% |
| Return on assets | −25.6% | 6.5% |
| Equity ratio | 12.9% | 38.0% |
| Debt-to-equity | 6.77 | 1.27 |
| Current ratio | 7.23 | 1.56 |
| Revenue growth | 321.2% | 4.7% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 37, Effee Foundry AS does better than 26% of companies in the Morning class Micro in the same sector (1,149 companies) in 2025.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
Effee Foundry AS has a score of 37 for 2025, rank 3,354 of 4,464 in the sector.
Strongest: Growth: percentile 97 against peers, revenue growth 321.2% against a median of 4.7%. Liquidity: percentile 96 against peers, current ratio 7.23 against a median of 1.56.
Weakest: Profitability: percentile 6 against peers, operating margin −443.1% against a median of 3.3%. Consistency: percentile 12 against peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −549.5% (median 2.5%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −443.1% (median 3.3%).
- What lies behind weak profitability, and will it last?
- What lies behind weak consistency, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
The industry or the company: what drove the result?
In 2025 the operating margin of Effee Foundry AS rose by 1,608.0 percentage points. Comparable companies rose by a median 0.3 points. So the company did 1,607.7 points better than the industry, for reasons of its own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2025 | −443.1% | 3.3% | +1,608.0 percentage points | +0.3 percentage points | +1,607.7 percentage points |
Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Effee Foundry AS. The figures stand side by side; we claim no cause.
Producer prices in manufacturing (indeks (2021 = 100))
Producer prices in manufacturing rose 2.9% in 2025; the operating margin of Effee Foundry AS rose 1,608.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Producer prices in manufacturing, annual average | 100.0 | 124.7 | 129.5 | 134.4 | 138.3 | 146.0 (so far) |
| Change from the year before | +10.7% | +24.7% | +3.9% | +3.7% | +2.9% | +5.6% |
| The company's operating margin | – | – | – | −2,051.1% | −443.1% | – |
Source: SSB (12462, CC BY 4.0). Source
EUR/NOK (kr)
EUR/NOK rose 0.8% in 2025; the operating margin of Effee Foundry AS rose 1,608.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| EUR/NOK, annual average | 10.16 | 10.10 | 11.42 | 11.62 | 11.72 | 11.04 (so far) |
| Change from the year before | −5.2% | −0.6% | +13.1% | +1.8% | +0.8% | −5.8% |
| The company's operating margin | – | – | – | −2,051.1% | −443.1% | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Wholesale power price (øre per kWh)
Wholesale power price rose 9.4% in 2025; the operating margin of Effee Foundry AS rose 1,608.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wholesale power price, annual average | 64.2 | 141.7 | 72.0 | 49.4 | 54.0 | 96.5 (so far) |
| Change from the year before | +466.7% | +120.8% | −49.2% | −31.4% | +9.4% | +78.4% |
| The company's operating margin | – | – | – | −2,051.1% | −443.1% | – |
Source: SSB (09363, CC BY 4.0). Source
USD/NOK (kr)
USD/NOK fell 3.3% in 2025; the operating margin of Effee Foundry AS rose 1,608.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| USD/NOK, annual average | 8.59 | 9.61 | 10.56 | 10.75 | 10.39 | 9.54 (so far) |
| Change from the year before | −8.8% | +11.9% | +9.9% | +1.7% | −3.3% | −8.2% |
| The company's operating margin | – | – | – | −2,051.1% | −443.1% | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Wage index: fabricated metal products (indeks)
Wage index: fabricated metal products rose 5.8% in 2025; the operating margin of Effee Foundry AS rose 1,608.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: fabricated metal products, annual average | 88.0 | 91.5 | 96.9 | 102.1 | 108.0 | 112.8 (so far) |
| Change from the year before | +3.1% | +3.9% | +6.0% | +5.4% | +5.8% | +4.5% |
| The company's operating margin | – | – | – | −2,051.1% | −443.1% | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Effee Foundry AS had an operating margin of −443.1% and an equity ratio of 12.9% in 2025, and ranks 3,354 of 4,464 in Industri.
From 2024 to 2025: the operating margin rose from −2,051.1% to −443.1% and revenue grew by 321%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 22.2 | not meaningful |
| EV/EBIT | 18.6 | not meaningful |
| P/B | 3.0 | 4 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −549.5% (median 2.5%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −443.1% (median 3.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 8.7% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Extreme margin: check the figures
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 0.2%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 6 | weight 30% |
|---|---|---|
| Solidity | 19 | weight 25% |
| Liquidity | 96 | weight 15% |
| Growth | 97 | weight 15% |
| Consistency | 12 | weight 15% |
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Effee Foundry AS?
The operating margin was −443.1% in 2025, against a median of 3.3% among companies in the Morning class Micro in the same sector. Return on assets was −25.6%. The company made a loss before tax.
How solid is Effee Foundry AS?
The equity ratio was 12.9% in 2025 (median 38.0%). Debt-to-equity was 6.77 (median 1.27).
What is the liquidity of Effee Foundry AS like?
The current ratio was 7.23 in 2025 (median 1.56).
How does Effee Foundry AS compare in Industri?
Effee Foundry AS ranks 3,354 of 4,464 in Industri for 2025. Among companies in the Morning class Micro it is number 853 of 1,149. Revenue changed by 321.2% from the year before.
Group structure · 2025
6 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
No owner holds more than half of the shares in Effee Group AS.
Effee Group AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
The group in figures
- Sectors
- Industri (3 companies) 3 of 6 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
- Employees in Norway
- 73 in all. Ålesund 73 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
- Negative equity
- 1 company: Effee Australia AS
- Loss
- 3 companies: Effee AS, Effee Foundry AS, Effee Australia AS
- Changed 2024–2025
- 5 companies joined the group: Effee Foundry AS, Effee Australia AS, Corron AS, Corron Production AS, Effee AS.
A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.
-
Effee Group AS
-
Effee AS
- Effee Foundry AS you are here
- Effee Australia AS
-
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
From the Central Coordinating Register
- Org. no.
- 818770472
- Legal form
- AS
- Sector
- Industri (28.910)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 28 February 2017 9 years in operation
- Share capital
- 0.45 MNOK
- Business address
- Borgundvegen 340, 6009 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Effee AS (100%)
Ultimate owner: Effee Group AS
The owner: the majority owner Effee AS (holds 100%) made a loss in 2025. A weak parent can affect the subsidiary through group contributions, loans and guarantees. It is an indication to watch, not an assessment of the company.
- Effee AS · 100.0%
The company is new in the shareholder register in 2025.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Is this your company? Suggest changes or add information
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | 37 | |
| Rank | – | – | 3,354 | |
| Operating margin | – | −2,051.1% | −443.1% | |
| Return on assets | −32.6% | −40.7% | −25.6% | |
| Equity ratio | 32.2% | 18.1% | 12.9% | |
| Current ratio | 0.50 | 3.24 | 7.23 | |
| Revenue growth | – | – | 321.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | 0.3 MNOK | 1.2 MNOK |
| Operating profit | −2.4 MNOK | −5.7 MNOK | −5.2 MNOK |
| Profit before tax | −2.5 MNOK | −6.1 MNOK | −6.4 MNOK |
| Tax expense | −0.5 MNOK | −1.3 MNOK | −1.4 MNOK |
| Net profit | −1.9 MNOK | −4.8 MNOK | −5.0 MNOK |
| Financial expenses | 0.1 MNOK | 0.5 MNOK | 1.5 MNOK |
| Total assets | 7.2 MNOK | 13.9 MNOK | 19.4 MNOK |
| Current assets | 0.8 MNOK | 7.9 MNOK | 11.0 MNOK |
| Equity | 2.3 MNOK | 2.5 MNOK | 2.5 MNOK |
| Retained earnings | 0.5 MNOK | −4.3 MNOK | −9.3 MNOK |
| Total liabilities | 4.9 MNOK | 11.4 MNOK | 16.9 MNOK |
| Current liabilities | 1.7 MNOK | 2.4 MNOK | 1.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7149521.
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