ESMAS BYGG AS

Org. no. 914963044 · ÅLESUND · Founded 2015 · 10 employees

Score · fiscal year 2024

37of 100

How to read this: the company is ahead of 27 % of small companies in the same sector in 2024. What does this mean?

Rank: 22,665 of 31,120 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 24 and solidity 40 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

ESMAS BYGG AS is 13 points below the median for small companies in the same sector in 2024.

Median score 50 among 30,024 companies.

Against small companies in the same sector in 2024: operating margin −2.2% (median 3.8%) and equity ratio 32.6% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue7 MNOK3 MNOK
Operating margin −2.2% 3.8% 27 %
Profit margin −1.9% 3.4% shown, not part of the index
Return on assets −7.0% 5.8% 22 %
Equity ratio 32.6% 36.8% 46 %
Debt-to-equity 2.07 1.19 35 %
Current ratio 1.48 1.45 51 %
Revenue growth −10.9% 1.8% 33 %
Revenue per employee0.75 MNOK1.40 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 37, ESMAS BYGG AS does better than 27% of small companies in the same sector (30,095 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ESMAS BYGG AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

ESMAS BYGG AS had an operating margin of −2.2% and an equity ratio of 32.6% in 2024, and ranks 22,665 of 31,120 in Bygg og anlegg.

From 2023 to 2024: went from a profit to a loss before tax and the operating margin fell from 2.9% to −2.2%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.2 MNOK 8.0 not meaningful
P/B Equity: 0.6 MNOK 1.0 1 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 · 2024

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −1.9% (median 3.4%).

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

Financial costs were 0.4% 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.

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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability24 weight 30%
Solidity40 weight 25%
Liquidity51 weight 15%
Growth33 weight 15%
Consistency46 weight 15%

Durability: 43 (average over 2 years)

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

2024

Questions and answers

How profitable is ESMAS BYGG AS?

The operating margin was −2.2% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was −7.0%. The company made a loss before tax.

How solid is ESMAS BYGG AS?

The equity ratio was 32.6% in 2024 (median 36.8%). Debt-to-equity was 2.07 (median 1.19).

What is the liquidity of ESMAS BYGG AS like?

The current ratio was 1.48 in 2024 (median 1.45).

How does ESMAS BYGG AS compare in Bygg og anlegg?

ESMAS BYGG AS ranks 22,665 of 31,120 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 21,829 of 30,095. Revenue changed by −10.9% from the year before.

From the Central Coordinating Register

Org. no.
914963044
Legal form
AS
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
10 registered 10 September 2026
Founded
15 January 2015 11 years in operation
Share capital
0.03 MNOK
Business address
Einarvegen 66, 6260 SKODJE (ÅLESUND)
Municipality
Ålesund rank 2–6 of 10 in KOSTRA group 11
Audit
Audit opted out from 5 October 2026
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
Edvinas Masiotas
Chair of the board
Edvinas Masiotas
Accountant
JOLIN ACCOUNTING AS

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.

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
Index493740
Rank14,96422,66522,606
Operating margin2.9%−2.2%−1.1%
Return on assets11.9%−7.0%−3.0%
Equity ratio33.6%32.6%32.4%
Current ratio1.341.481.48
Revenue growth–−10.9%−7.1%

Accounts

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

Key figure202320242025
Operating revenue8.4 MNOK7.5 MNOK7.0 MNOK
Operating profit0.2 MNOK−0.2 MNOK−0.1 MNOK
Profit before tax0.3 MNOK−0.1 MNOK−0.1 MNOK
Net profit0.2 MNOK−0.1 MNOK−0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets2.2 MNOK1.9 MNOK1.8 MNOK
Current assets1.9 MNOK1.9 MNOK1.8 MNOK
Equity0.7 MNOK0.6 MNOK0.6 MNOK
Retained earnings0.7 MNOK0.6 MNOK0.5 MNOK
Total liabilities1.4 MNOK1.3 MNOK1.2 MNOK
Current liabilities1.4 MNOK1.3 MNOK1.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6207919.

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