ENCON AS

Org. no. 915040608 · VOSS · Founded 2015 · 35 employees

Score · fiscal year 2024

32of 100

How to read this: the company is ahead of 16 % of medium-sized companies in the same sector in 2024. What does this mean?

Rank: 28,906 of 37,175 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 5 and solidity 59 out of 100 among medium-sized companies in the same sector in 2024. Methodology

Against the sector

ENCON AS is 18 points below the median for medium-sized companies in the same sector in 2024.

Median score 50 among 2,059 companies.

Against medium-sized companies in the same sector in 2024: operating margin −2.9% (median 3.2%) and equity ratio 39.5% (median 32.6%).

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 revenue237 MNOK171 MNOK
Operating margin −2.9% 3.2% 7 %
Profit margin −2.9% 3.1% shown, not part of the index
Return on assets −10.7% 11.1% 4 %
Equity ratio 39.5% 32.6% 60 %
Debt-to-equity 1.53 2.01 59 %
Current ratio 1.41 1.38 51 %
Revenue growth −3.7% 5.2% 24 %
Revenue per employee6.78 MNOK6.29 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 32, ENCON AS does better than 16% of medium-sized companies in the same sector (2,059 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ENCON AS
  • Median: medium-sized companies in the same sector
Analysis · 2024

What the numbers say

ENCON AS had an operating margin of −2.9% and an equity ratio of 39.5% in 2024, and ranks 28,906 of 37,175 in Handel.

From 2023 to 2024: went from a profit to a loss before tax and the operating margin fell from 2.8% to −2.9%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 25 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −5.4 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −6.8 MNOK 8.0 not meaningful
P/B Equity: 24.5 MNOK 1.0 25 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 −2.9% (median 3.1%).

  • 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 −2.9% (median 3.2%).

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

Financial costs were 0.8% 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 · 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 −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability5 weight 30%
Solidity59 weight 25%
Liquidity51 weight 15%
Growth24 weight 15%
Consistency32 weight 15%

Durability: 41 (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 ENCON AS?

The operating margin was −2.9% in 2024, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was −10.7%. The company made a loss before tax.

How solid is ENCON AS?

The equity ratio was 39.5% in 2024 (median 32.6%). Debt-to-equity was 1.53 (median 2.01).

What is the liquidity of ENCON AS like?

The current ratio was 1.41 in 2024 (median 1.38).

How does ENCON AS compare in Handel?

ENCON AS ranks 28,906 of 37,175 in Handel for 2024. Among companies of the same size (medium-sized companies) it ranks 1,737 of 2,059. Revenue changed by −3.7% from the year before.

From the Central Coordinating Register

Org. no.
915040608
Legal form
AS
Sector
Handel (46.390)
Size tier
medium
Employees
35 registered 10 October 2026
Founded
19 February 2015 11 years in operation
Share capital
1.30 MNOK
Business address
Dalsmoen 5, 5709 VOSS
Municipality
Voss rank 1–16 of 38 in KOSTRA group 7
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
Camilla Ihle Øyjord
Chair of the board
Tor Erik Aag
Board member
Kim Fagerli
Auditor
PRICEWATERHOUSECOOPERS 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
Index503227
Rank17,46228,90632,189
Operating margin2.8%−2.9%−5.4%
Return on assets12.9%−10.7%−20.0%
Equity ratio40.2%39.5%27.0%
Current ratio1.281.411.47
Revenue growth–−3.7%4.1%

Accounts

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

Key figure202320242025
Operating revenue246.4 MNOK237.1 MNOK246.8 MNOK
Operating profit6.8 MNOK−6.8 MNOK−13.3 MNOK
Profit before tax7.7 MNOK−6.9 MNOK−14.0 MNOK
Net profit6.2 MNOK−5.4 MNOK−10.9 MNOK
Financial expenses0.0 MNOK0.3 MNOK–
Total assets60.0 MNOK62.2 MNOK69.9 MNOK
Current assets45.8 MNOK50.4 MNOK57.3 MNOK
Equity24.1 MNOK24.5 MNOK18.9 MNOK
Retained earnings9.4 MNOK9.8 MNOK−5.6 MNOK
Total liabilities35.9 MNOK37.6 MNOK51.0 MNOK
Current liabilities35.9 MNOK35.8 MNOK38.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6169655.

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