IKEA AS

Org. no. 914787521 · Asker · Founded 1976 · 2,784 employees

Score · fiscal year 2025

35of 100

How to read this: the company is ahead of 18 % of companies in the Morning class Large in the same sector in 2025. What does this mean?

Rank in the Morning class Large: 442 of 541 · What are Morning company classes?
Place in the whole sector: 17,632 of 22,952 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 55 and solidity 25 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology

Against the sector

IKEA AS is 15 points below the median for companies in the Morning class Large in the same sector in 2025.

Median score 50 among 541 companies.

Against companies in the Morning class Large in the same sector in 2025: operating margin 2.7% (median 2.5%) and equity ratio 17.8% (median 30.9%).

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 revenue8,887 MNOK1,119 MNOK
Operating margin 2.7% 2.5% 53 %
Profit margin 3.1% 2.5% shown, not part of the index
Return on assets 11.5% 10.2% 57 %
Equity ratio 17.8% 30.9% 25 %
Debt-to-equity 4.63 2.23 25 %
Current ratio 0.86 1.30 5 %
Revenue growth 0.9% 6.9% 26 %
Revenue per employee3.19 MNOK12.49 MNOK

The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 35, IKEA AS does better than 18% of companies in the Morning class Large in the same sector (541 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • IKEA AS
  • Median: companies in the Morning class Large in the same sector
Summary analysis

IKEA AS has a score of 35 for 2025, rank 17,632 of 22,952 in the sector.

Strongest: Profitability: percentile 55 against peers, operating margin 2.7% against a median of 2.5%.

Weakest: Liquidity: percentile 5 against peers, current ratio 0.86 against a median of 1.30. Solidity: percentile 25 against peers, equity ratio 17.8% against a median of 30.9%.

Worth a closer look

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

IKEA AS had an operating margin of 2.7% and an equity ratio of 17.8% in 2025, and ranks 17,632 of 22,952 in Handel.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 440 MNOK and 2,177 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 217.7 MNOK 10.0 2,177 MNOK
EV/EBIT Operating profit: 240.7 MNOK
minus net debt −7.3 MNOK
8.0 1,933 MNOK
P/B Equity: 439.6 MNOK 1.0 440 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

  • watch

    Consider strengthening liquidity: current liabilities are 1.2 times current assets.

    Based on: Current ratio 0.86 (median 1.30).

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

Financial costs were 0.3% of the debt in 2025. The policy rate averaged 4.30 % 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.

Stress test · 2022

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 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability55 weight 30%
Solidity25 weight 25%
Liquidity5 weight 15%
Growth26 weight 15%
Consistency49 weight 15%

Durability: 38 (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 IKEA AS?

The operating margin was 2.7% in 2025, against a median of 2.5% among companies in the Morning class Large in the same sector. Return on assets was 11.5%.

How solid is IKEA AS?

The equity ratio was 17.8% in 2025 (median 30.9%). Debt-to-equity was 4.63 (median 2.23).

What is the liquidity of IKEA AS like?

The current ratio was 0.86 in 2025 (median 1.30). Current assets did not cover current liabilities.

How does IKEA AS compare in Handel?

IKEA AS ranks 17,632 of 22,952 in Handel for 2025. Among companies in the Morning class Large it is number 442 of 541. Revenue changed by 0.9% from the year before.

From the Central Coordinating Register

Org. no.
914787521
Legal form
AS
Sector
Handel (47.551)
Morning company class
Large
Employees
2,784 registered 10 October 2026
Founded
18 March 1976 50 years in operation
Share capital
10.00 MNOK
Business address
Nesbruveien 42, 1396 BILLINGSTAD (ASKER)
Municipality
Asker rank 2 of 11 in KOSTRA group 12
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 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

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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
Index453335
Rank11,98517,45317,632
Operating margin5.6%2.2%2.7%
Return on assets20.7%10.6%11.5%
Equity ratio15.6%15.4%17.8%
Current ratio0.970.890.86
Revenue growth–−2.0%0.9%

Accounts

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

Key figure202320242025
Operating revenue8,987.6 MNOK8,812.3 MNOK8,887.2 MNOK
Operating profit500.5 MNOK194.5 MNOK240.7 MNOK
Profit before tax533.3 MNOK245.7 MNOK279.5 MNOK
Net profit415.5 MNOK191.2 MNOK217.7 MNOK
Financial expenses8.3 MNOK16.8 MNOK6.5 MNOK
Total assets2,620.2 MNOK2,479.1 MNOK2,476.2 MNOK
Current assets2,147.0 MNOK1,856.5 MNOK1,748.4 MNOK
Equity409.8 MNOK382.9 MNOK439.6 MNOK
Retained earnings399.8 MNOK372.9 MNOK429.6 MNOK
Total liabilities2,210.4 MNOK2,096.2 MNOK2,036.5 MNOK
Current liabilities2,210.4 MNOK2,096.2 MNOK2,036.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6382831.

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