M VEST ENERGY AS

Org. no. 916358857 · BERGEN · Founded 2015 · 14 employees

Score · fiscal year 2025

34of 100

How to read this: the company is ahead of 21 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 450 of 584 · Olje og gass

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 59 and solidity 0 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

M VEST ENERGY AS is 17 points below the median for medium-sized companies in the same sector in 2025.

Median score 51 among 132 companies.

Against medium-sized companies in the same sector in 2025: operating margin 15.3% (median 6.3%) and equity ratio −6.6% (median 43.2%).

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 revenue726 MNOK229 MNOK
Operating margin 15.3% 6.3% 69 %
Profit margin 3.5% 6.0% shown, not part of the index
Return on assets 9.3% 9.3% 49 %
Equity ratio −6.6% 43.2% 3 %
Debt-to-equity – 1.17 not compared
Current ratio 1.15 1.32 43 %
Revenue growth −10.8% 4.8% 28 %
Revenue per employee51.86 MNOK3.89 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 34, M VEST ENERGY AS does better than 21% of medium-sized companies in the same sector (132 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • M VEST ENERGY AS
  • Median: medium-sized companies in the same sector
Analysis · 2025

What the numbers say

M VEST ENERGY AS had an operating margin of 15.3% and an equity ratio of −6.6% in 2025, and ranks 450 of 584 in Olje og gass.

From 2024 to 2025: the operating margin fell from 31.6% to 15.3% and revenue fell by 11%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −20.5 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 111.0 MNOK
minus net debt 1,362.8 MNOK
8.0 debt above value
P/B Equity: −96.7 MNOK 1.0 not meaningful

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

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −6.6% (median 43.2%).

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

Data quality

  • critical Negative equity
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 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability59 weight 30%
Solidity0 weight 25%
Liquidity43 weight 15%
Growth28 weight 15%
Consistency37 weight 15%

Durability: 35 (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 M VEST ENERGY AS?

The operating margin was 15.3% in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was 9.3%.

How solid is M VEST ENERGY AS?

The equity ratio was −6.6% in 2025 (median 43.2%). Equity is negative, so liabilities exceed assets.

What is the liquidity of M VEST ENERGY AS like?

The current ratio was 1.15 in 2025 (median 1.32).

How does M VEST ENERGY AS compare in Olje og gass?

M VEST ENERGY AS ranks 450 of 584 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 104 of 132. Revenue changed by −10.8% from the year before.

From the Central Coordinating Register

Org. no.
916358857
Legal form
AS
Sector
Olje og gass (06.100)
Size tier
medium
Employees
14 registered 10 February 2026
Founded
7 December 2015 10 years in operation
Share capital
0.08 MNOK
Business address
Edvard Griegs vei 3C, 5059 BERGEN
Municipality
Bergen rank 8 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

Chief executive
Jonny Hesthammer
Chair of the board
Lars Moldestad
Board member
Jonny Hesthammer
Auditor
DELOITTE AS
Accountant
TMF NORWAY 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index343634
Rank419443450
Operating margin33.4%31.6%15.3%
Return on assets20.9%19.9%9.3%
Equity ratio−5.6%−5.4%−6.6%
Current ratio0.960.431.15
Revenue growth–3.7%−10.8%

Accounts

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

Key figure202320242025
Operating revenue785.0 MNOK814.0 MNOK726.0 MNOK
Operating profit261.9 MNOK256.9 MNOK111.0 MNOK
Profit before tax148.7 MNOK174.3 MNOK25.1 MNOK
Net profit−32.0 MNOK0.9 MNOK−20.5 MNOK
Financial expenses141.1 MNOK106.0 MNOK109.8 MNOK
Total assets1,386.9 MNOK1,411.8 MNOK1,456.3 MNOK
Current assets225.4 MNOK270.2 MNOK206.2 MNOK
Equity−77.0 MNOK−76.2 MNOK−96.7 MNOK
Retained earnings−175.3 MNOK−174.4 MNOK−194.9 MNOK
Total liabilities1,464.0 MNOK1,487.9 MNOK1,553.0 MNOK
Current liabilities234.5 MNOK626.4 MNOK179.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7025692.