SUNNMØRE ENERGI AS

Org. no. 916579020 · ØRSTA · Founded 1946

Score · fiscal year 2024

66of 100

How to read this: the company is ahead of 85 % of small companies in the same sector in 2024. What does this mean?

Rank: 213 of 1,488 · Kraft og energi

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 89 and solidity 79 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

SUNNMØRE ENERGI AS is 16 points above the median for small companies in the same sector in 2024.

Median score 50 among 1,228 companies.

Against small companies in the same sector in 2024: operating margin 58.3% (median 13.9%) and equity ratio 83.3% (median 36.7%).

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 revenue25 MNOK2 MNOK
Operating margin 58.3% 13.9% 92 %
Profit margin 79.4% 5.3% shown, not part of the index
Return on assets 12.1% 1.5% 87 %
Equity ratio 83.3% 36.7% 80 %
Debt-to-equity 0.20 1.07 77 %
Current ratio 0.94 1.65 33 %
Revenue growth −35.3% −9.4% 13 %

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 66, SUNNMØRE ENERGI AS does better than 85% of small companies in the same sector (1,231 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025The shaded year is the sector's weakest year, used by the stress test.
  • SUNNMØRE ENERGI AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

SUNNMØRE ENERGI AS had an operating margin of 58.3% and an equity ratio of 83.3% in 2024, and ranks 213 of 1,488 in Kraft og energi.

From 2023 to 2024: the operating margin fell from 78.6% to 58.3% and revenue fell by 35%.

SUNNMØRE ENERGI AS did better than the sector in 2025, the sector's weakest year.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 115 MNOK and 153 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 15.3 MNOK 10.0 153 MNOK
EV/EBIT Operating profit: 14.4 MNOK
minus net debt 0.0 MNOK
8.0 115 MNOK
P/B Equity: 134.9 MNOK 1.0 135 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

    Consider strengthening liquidity: current liabilities are 1.1 times current assets.

    Based on: Current ratio 0.94 (median 1.65).

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

Financial costs were 0.0% 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 · 2025

Scenario analysis: the sector's weakest year

The operating margin was 55.4% in 2025 (sector median 12.6%), and the equity ratio 93.2%. In the other years the operating margin averaged 68.5%.

The sector's weakest year was 2025, with a median operating margin of 12.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability89 weight 30%
Solidity79 weight 25%
Liquidity33 weight 15%
Growth13 weight 15%
Consistency82 weight 15%

Durability: 71 (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 SUNNMØRE ENERGI AS?

The operating margin was 58.3% in 2024, against a median of 13.9% among small companies in the same sector. Return on assets was 12.1%.

How solid is SUNNMØRE ENERGI AS?

The equity ratio was 83.3% in 2024 (median 36.7%). Debt-to-equity was 0.20 (median 1.07).

What is the liquidity of SUNNMØRE ENERGI AS like?

The current ratio was 0.94 in 2024 (median 1.65). Current assets did not cover current liabilities.

How does SUNNMØRE ENERGI AS compare in Kraft og energi?

SUNNMØRE ENERGI AS ranks 213 of 1,488 in Kraft og energi for 2024. Among companies of the same size (small companies) it ranks 185 of 1,231. Revenue changed by −35.3% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
916579020
Legal form
AS · part of a group
Sector
Kraft og energi (35.121)
Size tier
small
Employees
0–4 (not registered)
Founded
27 July 1946 80 years in operation
Share capital
8.60 MNOK
Business address
Langemyra 6, 6160 HOVDEBYGDA (ØRSTA)
Municipality
Ørsta rank 11–33 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
Olav Osvoll
Chair of the board
Ida Bendiksen Aanes
Board member
Nina Melle Scharning
Board member
Roar Stenersen
Auditor
TELL NORGE 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
Index776673
Rank8621398
Operating margin78.6%58.3%55.4%
Return on assets19.7%12.1%11.3%
Equity ratio78.0%83.3%93.2%
Current ratio1.330.941.58
Revenue growth–−35.3%−3.3%

Accounts

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

Key figure202320242025
Operating revenue38.2 MNOK24.7 MNOK23.9 MNOK
Operating profit30.0 MNOK14.4 MNOK13.2 MNOK
Profit before tax34.2 MNOK19.6 MNOK18.1 MNOK
Net profit26.4 MNOK15.3 MNOK14.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets173.7 MNOK162.0 MNOK159.9 MNOK
Current assets50.8 MNOK25.5 MNOK17.3 MNOK
Equity135.5 MNOK134.9 MNOK149.0 MNOK
Retained earnings87.9 MNOK87.4 MNOK101.5 MNOK
Total liabilities38.2 MNOK27.0 MNOK10.9 MNOK
Current liabilities38.2 MNOK27.0 MNOK10.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6081209.