E-WHEELS NORGE AS

Org. no. 913701380 · DRAMMEN · Founded 2014 · 201 employees

Score · fiscal year 2025

82of 100

How to read this: the company is ahead of 98 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 803 of 30,442 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 90 and solidity 87 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

E-WHEELS NORGE AS is 32 points above the median for medium-sized companies in the same sector in 2025.

Median score 50 among 1,664 companies.

Against medium-sized companies in the same sector in 2025: operating margin 11.3% (median 3.1%) and equity ratio 68.7% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue519 MNOK176 MNOK
Operating margin 11.3% 3.1% 90 %
Profit margin 11.8% 3.1% shown, not part of the index
Return on assets 30.4% 11.3% 89 %
Equity ratio 68.7% 32.6% 87 %
Debt-to-equity 0.46 2.02 87 %
Current ratio 2.52 1.38 84 %
Revenue growth 22.9% 6.7% 81 %
Revenue per employee2.58 MNOK6.44 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 82, E-WHEELS NORGE AS does better than 98% of medium-sized companies in the same sector (1,668 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • E-WHEELS NORGE AS
  • Median: medium-sized companies in the same sector
Summary analysis

E-WHEELS NORGE AS has a score of 82 for 2025, rank 803 of 30,442 in the sector.

Strongest: Profitability: percentile 90 against peers, operating margin 11.3% against a median of 3.1%. Solidity: percentile 87 against peers, equity ratio 68.7% against a median of 32.6%.

No area is clearly below its peers.

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

E-WHEELS NORGE AS had an operating margin of 11.3% and an equity ratio of 68.7% in 2025, and ranks 803 of 30,442 in Handel.

From 2024 to 2025: revenue grew by 23%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 158 MNOK and 479 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 47.9 MNOK 10.0 479 MNOK
EV/EBIT Operating profit: 58.5 MNOK
minus net debt −1.5 MNOK
8.0 470 MNOK
P/B Equity: 158.4 MNOK 1.0 158 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

Indications · 2025

Worth a closer look

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 11.3% (median 3.1%); Equity ratio 68.7% (median 32.6%); Current ratio 2.52 (median 1.38).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability90 weight 30%
Solidity87 weight 25%
Liquidity84 weight 15%
Growth81 weight 15%
Consistency54 weight 15%

Durability: 74 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is E-WHEELS NORGE AS?

The operating margin was 11.3% in 2025, against a median of 3.1% among medium-sized companies in the same sector. Return on assets was 30.4%.

How solid is E-WHEELS NORGE AS?

The equity ratio was 68.7% in 2025 (median 32.6%). Debt-to-equity was 0.46 (median 2.02).

What is the liquidity of E-WHEELS NORGE AS like?

The current ratio was 2.52 in 2025 (median 1.38).

How does E-WHEELS NORGE AS compare in Handel?

E-WHEELS NORGE AS ranks 803 of 30,442 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 35 of 1,668. Revenue changed by 22.9% from the year before.

From the Central Coordinating Register

Org. no.
913701380
Legal form
AS
Sector
Handel (47.631)
Size tier
medium
Employees
201 registered 10 October 2026
Founded
20 May 2014 12 years in operation
Share capital
0.10 MNOK
Business address
Nedre Storgate 17, 3015 DRAMMEN
Municipality
Drammen rank 10 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
e-wheels.no

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
Michael David Trønnes Bernth
Chair of the board
Sveinung Kristiansen
Board member
Johanne Meier Hansen
Auditor
KPMG AS
Accountant
DMC REGNSKAP 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index588482
Rank9,807496803
Operating margin3.2%10.3%11.3%
Return on assets10.1%26.5%30.4%
Equity ratio59.4%70.0%68.7%
Current ratio2.352.722.52
Revenue growth–33.9%22.9%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue315.5 MNOK422.5 MNOK519.4 MNOK
Operating profit10.2 MNOK43.4 MNOK58.5 MNOK
Profit before tax11.6 MNOK45.0 MNOK61.4 MNOK
Net profit9.0 MNOK35.0 MNOK47.9 MNOK
Financial expenses6.7 MNOK5.5 MNOK8.7 MNOK
Total assets181.8 MNOK190.0 MNOK230.7 MNOK
Current assets169.8 MNOK151.2 MNOK179.2 MNOK
Equity107.9 MNOK132.9 MNOK158.4 MNOK
Retained earnings8.4 MNOK33.4 MNOK58.9 MNOK
Total liabilities73.9 MNOK57.1 MNOK72.2 MNOK
Current liabilities72.2 MNOK55.6 MNOK71.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6897094.