M VEST ENERGY AS
Score · fiscal year 2023
36of 100
How to read this: the company is ahead of 27 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 408 of 565 · Olje og gass
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 80 and solidity 0 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
M VEST ENERGY AS is 13 points below the median for medium-sized companies in the same sector in 2023.
Median score 49 among 153 companies.
Against medium-sized companies in the same sector in 2023: operating margin 33.4% (median 7.4%) and equity ratio −5.6% (median 35.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 785 MNOK | 241 MNOK |
| Operating margin | 33.4% | 7.4% |
| Profit margin | 18.9% | 8.0% |
| Return on assets | 20.9% | 8.4% |
| Equity ratio | −5.6% | 35.2% |
| Debt-to-equity | – | 1.33 |
| Current ratio | 0.96 | 1.25 |
| Revenue growth | – | 15.0% |
| Revenue per employee | 56.07 MNOK | 4.06 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 36, M VEST ENERGY AS does better than 27% of medium-sized companies in the same sector (153 companies) in 2023.
Score 2023–2025
- M VEST ENERGY AS
- Median: medium-sized companies in the same sector
What the numbers say
M VEST ENERGY AS had an operating margin of 33.4% and an equity ratio of −5.6% in 2023, and ranks 408 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 935 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 935 MNOK |
| P/B | 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
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 −5.6% (median 35.2%).
- watch
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 0.96 (median 1.25).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- critical Negative equity
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
What the score is made of
| Profitability | 80 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 26 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 20 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is M VEST ENERGY AS?
The operating margin was 33.4% in 2023, against a median of 7.4% among medium-sized companies in the same sector. Return on assets was 20.9%.
How solid is M VEST ENERGY AS?
The equity ratio was −5.6% in 2023 (median 35.2%). Equity is negative, so liabilities exceed assets.
What is the liquidity of M VEST ENERGY AS like?
The current ratio was 0.96 in 2023 (median 1.25). Current assets did not cover current liabilities.
How does M VEST ENERGY AS compare in Olje og gass?
M VEST ENERGY AS ranks 408 of 565 in Olje og gass for 2023. Among companies of the same size (medium-sized companies) it ranks 112 of 153.
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 9 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 36 | 37 | 35 | |
| Rank | 408 | 434 | 446 | |
| Operating margin | 33.4% | 31.6% | 15.3% | |
| Return on assets | 20.9% | 19.9% | 9.3% | |
| Equity ratio | −5.6% | −5.4% | −6.6% | |
| Current ratio | 0.96 | 0.43 | 1.15 | |
| Revenue growth | – | 3.7% | −10.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 785.0 MNOK | 814.0 MNOK | 726.0 MNOK |
| Operating profit | 261.9 MNOK | 256.9 MNOK | 111.0 MNOK |
| Profit before tax | 148.7 MNOK | 174.3 MNOK | 25.1 MNOK |
| Net profit | −32.0 MNOK | 0.9 MNOK | −20.5 MNOK |
| Financial expenses | 141.1 MNOK | 106.0 MNOK | 109.8 MNOK |
| Total assets | 1,386.9 MNOK | 1,411.8 MNOK | 1,456.3 MNOK |
| Current assets | 225.4 MNOK | 270.2 MNOK | 206.2 MNOK |
| Equity | −77.0 MNOK | −76.2 MNOK | −96.7 MNOK |
| Retained earnings | −175.3 MNOK | −174.4 MNOK | −194.9 MNOK |
| Total liabilities | 1,464.0 MNOK | 1,487.9 MNOK | 1,553.0 MNOK |
| Current liabilities | 234.5 MNOK | 626.4 MNOK | 179.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5103025.
Further
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