ØSTFOLD ENERGI AS
Score · fiscal year 2024
58of 100
How to read this: the company is ahead of 79 % of large companies in the same sector in 2024. What does this mean?
Rank: 463 of 1,498 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 84 and solidity 69 out of 100 among large companies in the same sector in 2024. Methodology
Against the sector
ØSTFOLD ENERGI AS is 8 points above the median for large companies in the same sector in 2024.
Median score 50 among 69 companies.
Against large companies in the same sector in 2024: operating margin 59.6% (median 22.2%) and equity ratio 68.8% (median 47.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1,071 MNOK | 2,027 MNOK |
| Operating margin | 59.6% | 22.2% |
| Profit margin | 57.2% | 15.1% |
| Return on assets | 22.1% | 5.3% |
| Equity ratio | 68.8% | 47.6% |
| Debt-to-equity | 0.45 | 1.10 |
| Current ratio | 0.19 | 1.23 |
| Revenue growth | −34.4% | −18.1% |
| Revenue per employee | 14.09 MNOK | 23.80 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 58, ØSTFOLD ENERGI AS does better than 79% of large companies in the same sector (69 companies) in 2024.
Score 2023–2025
- ØSTFOLD ENERGI AS
- Median: large companies in the same sector
What the numbers say
ØSTFOLD ENERGI AS had an operating margin of 59.6% and an equity ratio of 68.8% in 2024, and ranks 463 of 1,498 in Kraft og energi.
From 2023 to 2024: the operating margin fell from 70.3% to 59.6% and revenue fell by 34%.
ØSTFOLD ENERGI AS did better than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 2,060 MNOK and 5,213 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2,123 MNOK |
| EV/EBIT | 8.0 | 5,213 MNOK |
| P/B | 1.0 | 2,060 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
- critical
Consider strengthening liquidity: current liabilities are 5.3 times current assets.
Based on: Current ratio 0.19 (median 1.23).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 5.2% 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.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was 69.4% in 2025 (sector median 12.6%), and the equity ratio 62.4%. In the other years the operating margin averaged 64.9%.
The sector's weakest year was 2025, with a median operating margin of 12.6%. 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 | 84 | weight 30% |
|---|---|---|
| Solidity | 69 | weight 25% |
| Liquidity | 4 | weight 15% |
| Growth | 13 | weight 15% |
| Consistency | 85 | weight 15% |
Durability: 63 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ØSTFOLD ENERGI AS?
The operating margin was 59.6% in 2024, against a median of 22.2% among large companies in the same sector. Return on assets was 22.1%.
How solid is ØSTFOLD ENERGI AS?
The equity ratio was 68.8% in 2024 (median 47.6%). Debt-to-equity was 0.45 (median 1.10).
What is the liquidity of ØSTFOLD ENERGI AS like?
The current ratio was 0.19 in 2024 (median 1.23). Current assets did not cover current liabilities.
How does ØSTFOLD ENERGI AS compare in Kraft og energi?
ØSTFOLD ENERGI AS ranks 463 of 1,498 in Kraft og energi for 2024. Among companies of the same size (large companies) it ranks 15 of 69. Revenue changed by −34.4% from the year before.
Group accounts · 2025
74 of 100
Rank 105 of 1270 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 1,265 MNOK
- Operating profit, group
- 859 MNOK
- Profit before tax, group
- 783 MNOK
- Total assets, group
- 5,060 MNOK
- Equity, group
- 2,980 MNOK
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | 67.9% | – |
| Return on assets | 17.9% | – |
| Equity ratio | 58.9% | – |
| Current ratio | 1.05 | – |
| Revenue growth | 17.2% | – |
Group index in earlier years: 2023: 79 (157 of 1644), 2024: 62 (351 of 1312).
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).
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.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 879904412
- Legal form
- AS · part of a group
- Sector
- Kraft og energi (35.121)
- Size tier
- large
- Employees
- 76 registered 10 October 2026
- Founded
- 27 May 1998 28 years in operation
- Share capital
- 70.00 MNOK
- Business address
- Kalnesveien 5, 1712 GRÅLUM (SARPSBORG)
- Municipality
- Sarpsborg rank 10 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- LEI
- 549300I2S2CGBPUI2F67 renews 21 January 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
- Oddmund Kroken
- Chair of the board
- Ane Sofie Tømmerås
- Board member
- Unni Elisabeth Skaar
- Board member
- Torgeir Hjertaker
- Board member
- Aud Kristin Bremer Nebben
- Board member
- Per Arthur Sørlie
- Board member
- Eline Guren
- Board member
- Martin Ludvigsen
- Deputy member
- Ann-Cathrin Becken
- Deputy member
- Bjørn Heine Johansen
- Deputy member
- Birgitte Henriksen
- Deputy member
- Åsmund Møll Frengstad
- Deputy member
- Stein Vidar Ernø Nemeth
- Deputy member
- Marianne Riddervold Kahrs
- Deputy member
- Randi Elisabet Boge
- Auditor
- DELOITTE AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Parent does not consolidate the company
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 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 | 68 | 58 | 66 | |
| Rank | 208 | 463 | 239 | |
| Operating margin | 70.3% | 59.6% | 69.4% | |
| Return on assets | 34.1% | 22.1% | 26.2% | |
| Equity ratio | 53.3% | 68.8% | 62.4% | |
| Current ratio | 0.68 | 0.19 | 0.73 | |
| Revenue growth | – | −34.4% | 17.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,631.7 MNOK | 1,071.0 MNOK | 1,253.5 MNOK |
| Operating profit | 1,146.5 MNOK | 638.3 MNOK | 869.6 MNOK |
| Profit before tax | 1,184.7 MNOK | 612.5 MNOK | 783.9 MNOK |
| Net profit | 521.7 MNOK | 212.3 MNOK | 247.2 MNOK |
| Financial expenses | 40.9 MNOK | 48.9 MNOK | 115.0 MNOK |
| Total assets | 3,592.2 MNOK | 2,995.2 MNOK | 3,432.3 MNOK |
| Current assets | 803.3 MNOK | 170.9 MNOK | 536.3 MNOK |
| Equity | 1,914.9 MNOK | 2,060.1 MNOK | 2,140.3 MNOK |
| Retained earnings | 1,844.9 MNOK | 1,990.1 MNOK | 2,070.3 MNOK |
| Total liabilities | 1,677.2 MNOK | 935.2 MNOK | 1,292.0 MNOK |
| Current liabilities | 1,189.0 MNOK | 899.8 MNOK | 734.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5869695.
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