IKM GRUPPEN AS
Score · fiscal year 2025
44of 100
How to read this: the company is ahead of 39 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 348 of 583 · Olje og gass
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 32 and solidity 59 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
IKM GRUPPEN AS is 7 points below the median for medium-sized companies in the same sector in 2025.
Median score 51 among 155 companies.
Against medium-sized companies in the same sector in 2025: operating margin −44.5% (median 6.3%) and equity ratio 52.7% (median 43.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 102 MNOK | 241 MNOK |
| Operating margin | −44.5% | 6.3% |
| Profit margin | 324.2% | 6.0% |
| Return on assets | 13.4% | 9.1% |
| Equity ratio | 52.7% | 43.3% |
| Debt-to-equity | 0.90 | 1.17 |
| Current ratio | 0.78 | 1.31 |
| Revenue growth | 12.8% | 6.5% |
| Revenue per employee | 4.08 MNOK | 3.98 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 44, IKM GRUPPEN AS does better than 39% of medium-sized companies in the same sector (155 companies) in 2025.
Score 2023–2025
- IKM GRUPPEN AS
- Median: medium-sized companies in the same sector
IKM GRUPPEN AS has a score of 44 for 2025, rank 348 of 583 in the sector.
Strongest: Growth: percentile 60 against peers, revenue growth 12.8% against a median of 6.5%.
Weakest: Liquidity: percentile 20 against peers, current ratio 0.78 against a median of 1.31. Profitability: percentile 32 against peers, operating margin −44.5% against a median of 6.3%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.3 times current assets. Based on: current ratio 0.78 (median 1.31).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −44.5% (median 6.3%).
- What lies behind weak profitability, 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
IKM GRUPPEN AS had an operating margin of −44.5% and an equity ratio of 52.7% in 2025, and ranks 348 of 583 in Olje og gass.
From 2024 to 2025: the equity ratio fell from 77.4% to 52.7% and the operating margin fell from −38.9% to −44.5%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1,821 MNOK and 3,359 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 3,359 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 1,821 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
- watch
Consider strengthening liquidity: current liabilities are 1.3 times current assets.
Based on: Current ratio 0.78 (median 1.31).
- 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 −44.5% (median 6.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in 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 1.5%. 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 | 32 | weight 30% |
|---|---|---|
| Solidity | 59 | weight 25% |
| Liquidity | 20 | weight 15% |
| Growth | 60 | weight 15% |
| Consistency | 51 | weight 15% |
Durability: 50 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is IKM GRUPPEN AS?
The operating margin was −44.5% in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was 13.4%.
How solid is IKM GRUPPEN AS?
The equity ratio was 52.7% in 2025 (median 43.3%). Debt-to-equity was 0.90 (median 1.17).
What is the liquidity of IKM GRUPPEN AS like?
The current ratio was 0.78 in 2025 (median 1.31). Current assets did not cover current liabilities.
How does IKM GRUPPEN AS compare in Olje og gass?
IKM GRUPPEN AS ranks 348 of 583 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 95 of 155. Revenue changed by 12.8% from the year before.
Group accounts · 2025
46 of 100
Rank 524 of 899 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 6.5% | −44.5% |
| Return on assets | 12.6% | 13.4% |
| Equity ratio | 28.7% | 52.7% |
| Current ratio | 1.19 | 0.78 |
| Revenue growth | 0.2% | 12.8% |
Group index in earlier years: 2023: 49 (557 of 1079), 2024: 71 (125 of 916).
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.
Public contracts
- Contracts awarded since 2024
- 1
- Total awarded value since 2024
- value not stated
- 1 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 15 June 2026 | Bane NOR SF | Konsept, design og ombygging av High Voltage Generator (HOG) | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 912605302
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 25 registered 10 October 2026
- Founded
- 15 October 2013 13 years in operation
- Share capital
- 1.00 MNOK
- Business address
- Ljosheimvegen 14, 4051 SOLA
- Municipality
- Sola rank 2 of 27 in KOSTRA group 9
- 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
- Chief executive
- Ståle Kyllingstad
- Chair of the board
- Ståle Kyllingstad
- Board member
- Svein Sivertsen
- Board member
- Kristina Braut Kyllingstad
- Auditor
- DELOITTE AS
Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.
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 | 46 | 59 | 44 | |
| Rank | 324 | 169 | 348 | |
| Operating margin | −27.5% | −38.9% | −44.5% | |
| Return on assets | 13.2% | 22.2% | 13.4% | |
| Equity ratio | 60.9% | 77.4% | 52.7% | |
| Current ratio | 0.57 | 1.18 | 0.78 | |
| Revenue growth | – | 23.9% | 12.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 72.9 MNOK | 90.4 MNOK | 102.0 MNOK |
| Operating profit | −20.1 MNOK | −35.1 MNOK | −45.4 MNOK |
| Profit before tax | 316.1 MNOK | 545.0 MNOK | 330.8 MNOK |
| Net profit | 290.3 MNOK | 525.0 MNOK | 335.9 MNOK |
| Financial expenses | 36.5 MNOK | 51.2 MNOK | 131.6 MNOK |
| Total assets | 2,676.5 MNOK | 2,684.2 MNOK | 3,454.1 MNOK |
| Current assets | 396.9 MNOK | 333.9 MNOK | 1,046.2 MNOK |
| Equity | 1,631.1 MNOK | 2,078.5 MNOK | 1,821.0 MNOK |
| Retained earnings | 891.4 MNOK | 1,338.7 MNOK | 1,081.2 MNOK |
| Total liabilities | 1,045.4 MNOK | 605.8 MNOK | 1,633.1 MNOK |
| Current liabilities | 695.4 MNOK | 282.0 MNOK | 1,344.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7148409.
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