IKM GRUPPEN AS
Score · fiscal year 2024
59of 100
How to read this: the company is ahead of 71 % of small companies in the same sector in 2024. What does this mean?
Rank: 169 of 586 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 52 and solidity 61 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
IKM GRUPPEN AS is 9 points above the median for small companies in the same sector in 2024.
Median score 50 among 324 companies.
Against small companies in the same sector in 2024: operating margin −38.9% (median 4.2%) and equity ratio 77.4% (median 52.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 90 MNOK | 3 MNOK |
| Operating margin | −38.9% | 4.2% |
| Profit margin | 602.8% | 10.1% |
| Return on assets | 22.2% | 3.4% |
| Equity ratio | 77.4% | 52.4% |
| Debt-to-equity | 0.29 | 0.41 |
| Current ratio | 1.18 | 1.74 |
| Revenue growth | 23.9% | 3.4% |
| Revenue per employee | 3.62 MNOK | 2.20 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 59, IKM GRUPPEN AS does better than 71% of small companies in the same sector (325 companies) in 2024.
Score 2023–2025
- IKM GRUPPEN AS
- Median: small companies in the same sector
What the numbers say
IKM GRUPPEN AS had an operating margin of −38.9% and an equity ratio of 77.4% in 2024, and ranks 169 of 586 in Olje og gass.
From 2023 to 2024: the operating margin fell from −27.5% to −38.9% and the equity ratio rose from 60.9% to 77.4%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 2,078 MNOK and 5,250 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 5,250 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 2,078 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
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −38.9% (median 4.2%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 23.9% (median 3.4%); Current ratio 1.18 (median 1.74).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 8.5% 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 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 | 52 | weight 30% |
|---|---|---|
| Solidity | 61 | weight 25% |
| Liquidity | 37 | weight 15% |
| Growth | 72 | weight 15% |
| Consistency | 79 | weight 15% |
Durability: 52 (average over 2 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 −38.9% in 2024, against a median of 4.2% among small companies in the same sector. Return on assets was 22.2%.
How solid is IKM GRUPPEN AS?
The equity ratio was 77.4% in 2024 (median 52.4%). Debt-to-equity was 0.29 (median 0.41).
What is the liquidity of IKM GRUPPEN AS like?
The current ratio was 1.18 in 2024 (median 1.74).
How does IKM GRUPPEN AS compare in Olje og gass?
IKM GRUPPEN AS ranks 169 of 586 in Olje og gass for 2024. Among companies of the same size (small companies) it ranks 95 of 325. Revenue changed by 23.9% from the year before.
Group accounts · 2025
47 of 100
Rank 562 of 975 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | 6.5% | – |
| Return on assets | 12.6% | – |
| Equity ratio | 28.7% | – |
| Current ratio | 1.19 | – |
| Revenue growth | 0.2% | – |
Group index in earlier years: 2023: 48 (618 of 1176), 2024: 71 (141 of 994).
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
- 27.0 MNOK
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 3 June 2026 | Bane NOR SF | Konsept, design og ombygging av High Voltage Generator (HOG) | 27.0 MNOK |
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
- small
- 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 6310233.
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