VOSS ENERGI AS
Score · fiscal year 2025
35of 100
How to read this: the company is ahead of 17 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 146 of 176 · What are Morning company classes?
Place in the whole sector: 698 of 878 · Kraft og energi
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 34 and solidity 24 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
VOSS ENERGI AS is 16 points below the median for companies in the Morning class Small in the same sector in 2025.
Median score 51 among 176 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 0.5% (median 13.4%) and equity ratio 19.0% (median 37.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 12 MNOK | 23 MNOK |
| Operating margin | 0.5% | 13.4% |
| Profit margin | 2.7% | 15.0% |
| Return on assets | 3.8% | 6.0% |
| Equity ratio | 19.0% | 37.6% |
| Debt-to-equity | 4.27 | 1.56 |
| Current ratio | 1.34 | 1.30 |
| Revenue growth | −9.7% | 10.6% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 35, VOSS ENERGI AS does better than 17% of companies in the Morning class Small in the same sector (176 companies) in 2025.
Score 2023–2025
- VOSS ENERGI AS
- Median: companies in the Morning class Small in the same sector
VOSS ENERGI AS has a score of 35 for 2025, rank 698 of 878 in the sector.
Strongest: Liquidity: percentile 52 against peers, current ratio 1.34 against a median of 1.30.
Weakest: Solidity: percentile 24 against peers, equity ratio 19.0% against a median of 37.6%. Growth: percentile 24 against peers, revenue growth −9.7% against a median of 10.6%.
Worth a closer look
- What lies behind weak solidity, and will it last?
- What lies behind weak growth, 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
What the numbers say
VOSS ENERGI AS had an operating margin of 0.5% and an equity ratio of 19.0% in 2025, and ranks 698 of 878 in Kraft og energi.
From 2024 to 2025: the equity ratio fell from 30.3% to 19.0% and the operating margin fell from 2.9% to 0.5%.
VOSS ENERGI AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 2 MNOK and 153 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 153 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.6% 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
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was 0.5% in 2025 (sector median 15.7%), and the equity ratio 19.0%. In the other years the operating margin averaged 2.9%.
The sector's weakest year was 2025, with a median operating margin of 15.7%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 34 | weight 30% |
|---|---|---|
| Solidity | 24 | weight 25% |
| Liquidity | 52 | weight 15% |
| Growth | 24 | weight 15% |
| Consistency | 51 | weight 15% |
Durability: 43 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is VOSS ENERGI AS?
The operating margin was 0.5% in 2025, against a median of 13.4% among companies in the Morning class Small in the same sector. Return on assets was 3.8%.
How solid is VOSS ENERGI AS?
The equity ratio was 19.0% in 2025 (median 37.6%). Debt-to-equity was 4.27 (median 1.56).
What is the liquidity of VOSS ENERGI AS like?
The current ratio was 1.34 in 2025 (median 1.30).
How does VOSS ENERGI AS compare in Kraft og energi?
VOSS ENERGI AS ranks 698 of 878 in Kraft og energi for 2025. Among companies in the Morning class Small it is number 146 of 176. Revenue changed by −9.7% from the year before.
Group accounts · 2025
52 of 100
Rank 25 of 56 groups in the Morning class Medium in Kraft og energi. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 448 MNOK
- Operating profit, group
- 150 MNOK
- Profit before tax, group
- 116 MNOK
- Total assets, group
- 1,178 MNOK
- Equity, group
- 266 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 33.4% | 0.5% |
| Return on assets | 13.3% | 3.8% |
| Equity ratio | 22.6% | 19.0% |
| Current ratio | 0.74 | 1.34 |
| Revenue growth | 15.0% | −9.7% |
Group index in earlier years: 2023: 37 (51 of 64), 2024: 47 (38 of 63).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 819180822
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 20 June 2017 9 years in operation
- Share capital
- 59.00 MNOK
- Business address
- Brynalii 66, 5705 VOSS
- Municipality
- Voss rank 1–16 of 38 in KOSTRA group 7
- Latest accounts filed
- 2025
- LEI
- 549300T7YSJ024XZ2947 renews 24 June 2027
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
- Chief executive
- Arne Tillung
- Chair of the board
- Atle Neteland
- Board member
- Thomas Hårklau
- Board member
- Morten Helgaset
- Board member
- Unn Fauskanger
- Board member
- Bjørg Djukastein
- Board member
- Dag Arild Jensen
- Deputy member
- Knut Olav Røssland Nestås
- Deputy member
- Rune Rønhovde
- Deputy member
- Håkon Bø
- Deputy member
- Hilde Lussand Selheim
- Deputy member
- Anna Pettersen Hjelmevoll
- Deputy member
- Jan Olav Opheim
- Auditor
- CEDRA NORGE AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 43 | 50 | 35 | |
| Rank | 543 | 435 | 698 | |
| Operating margin | 2.9% | 2.9% | 0.5% | |
| Return on assets | 5.7% | 4.9% | 3.8% | |
| Equity ratio | 33.5% | 30.3% | 19.0% | |
| Current ratio | 1.40 | 2.66 | 1.34 | |
| Revenue growth | – | 8.6% | −9.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 11.8 MNOK | 12.8 MNOK | 11.6 MNOK |
| Operating profit | 0.3 MNOK | 0.4 MNOK | 0.1 MNOK |
| Profit before tax | 14.8 MNOK | 7.5 MNOK | 0.3 MNOK |
| Net profit | 14.2 MNOK | 5.9 MNOK | 0.2 MNOK |
| Financial expenses | 17.6 MNOK | 20.7 MNOK | 30.3 MNOK |
| Total assets | 571.4 MNOK | 582.5 MNOK | 806.2 MNOK |
| Current assets | 107.4 MNOK | 167.5 MNOK | 195.6 MNOK |
| Equity | 191.5 MNOK | 176.3 MNOK | 153.0 MNOK |
| Retained earnings | 40.6 MNOK | 25.3 MNOK | 2.1 MNOK |
| Total liabilities | 379.9 MNOK | 406.2 MNOK | 653.2 MNOK |
| Current liabilities | 76.5 MNOK | 63.1 MNOK | 145.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6931192.
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