Eic-Tech AS
Score · fiscal year 2024
76of 100
How to read this: the company is ahead of 91 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 168 of 1,915 · What are Morning company classes?
Place in the whole sector: 269 of 3,585 · Teknisk tjenesteyting og forskning
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 97 and solidity 71 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Eic-Tech AS is 26 points above the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 1,915 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin 65.5% (median 6.5%) and equity ratio 66.2% (median 42.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 3 MNOK |
| Operating margin | 65.5% | 6.5% |
| Profit margin | 65.5% | 6.4% |
| Return on assets | 83.9% | 12.4% |
| Equity ratio | 66.2% | 42.7% |
| Debt-to-equity | 0.51 | 1.05 |
| Current ratio | 2.93 | 1.65 |
| Revenue growth | – | 5.5% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 76, Eic-Tech AS does better than 91% of companies in the Morning class Micro in the same sector (1,915 companies) in 2024.
Score 2023–2025
- Eic-Tech AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Eic-Tech AS had an operating margin of 65.5% and an equity ratio of 66.2% in 2024, and ranks 269 of 3,585 in Teknisk tjenesteyting og forskning.
From 2023 to 2024: went from a loss to a profit before tax and the equity ratio fell from 94.4% to 66.2%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 2 MNOK and 22 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 20 MNOK |
| EV/EBIT | 8.0 | 22 MNOK |
| P/B | 1.0 | 2 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 0.0% of the debt in 2024. The policy rate averaged 4.50 % 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
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of −0.2%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 97 | weight 30% |
|---|---|---|
| Solidity | 71 | weight 25% |
| Liquidity | 74 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 40 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Eic-Tech AS?
The operating margin was 65.5% in 2024, against a median of 6.5% among companies in the Morning class Micro in the same sector. Return on assets was 83.9%.
How solid is Eic-Tech AS?
The equity ratio was 66.2% in 2024 (median 42.7%). Debt-to-equity was 0.51 (median 1.05).
What is the liquidity of Eic-Tech AS like?
The current ratio was 2.93 in 2024 (median 1.65).
How does Eic-Tech AS compare in Teknisk tjenesteyting og forskning?
Eic-Tech AS ranks 269 of 3,585 in Teknisk tjenesteyting og forskning for 2024. Among companies in the Morning class Micro it is number 168 of 1,915.
From the Central Coordinating Register
- Org. no.
- 832177032
- Legal form
- AS
- Sector
- Teknisk tjenesteyting og forskning (71.129)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 26 August 2023 3 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o Adnan Sajjadi, Kirkeveien 48A, 0368 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Audit
- Audit opted out from 3 October 2023
- 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: Adsa Holding AS (100%)
Ultimate owner: private person
- Adsa Holding 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.
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | 76 | 48 | |
| Rank | – | 269 | 1,987 | |
| Operating margin | – | 65.5% | −50.9% | |
| Return on assets | −17.0% | 83.9% | −34.8% | |
| Equity ratio | 94.4% | 66.2% | 91.3% | |
| Current ratio | 17.76 | 2.93 | 11.16 | |
| Revenue growth | – | – | −73.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | 3.9 MNOK | 1.1 MNOK |
| Operating profit | 0.0 MNOK | 2.6 MNOK | −0.5 MNOK |
| Profit before tax | 0.0 MNOK | 2.6 MNOK | −0.6 MNOK |
| Tax expense | 0.0 MNOK | 0.6 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | 2.0 MNOK | −0.6 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 0.0 MNOK | 3.1 MNOK | 1.5 MNOK |
| Current assets | 0.0 MNOK | 3.0 MNOK | 1.5 MNOK |
| Equity | 0.0 MNOK | 2.0 MNOK | 1.4 MNOK |
| Retained earnings | 0.0 MNOK | 2.0 MNOK | 1.4 MNOK |
| Total liabilities | 0.0 MNOK | 1.0 MNOK | 0.1 MNOK |
| Current liabilities | 0.0 MNOK | 1.0 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 5534445.
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