Avinxt AS
Score · fiscal year 2025
Not enough data: Revenue not reported
Based on the annual accounts for 2025
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 10 MNOK |
| Operating margin | – | 5.3% |
| Profit margin | – | 5.2% |
| Return on assets | −4.3% | 11.7% |
| Equity ratio | 1.8% | 36.3% |
| Debt-to-equity | 54.08 | 1.47 |
| Current ratio | 0.08 | 1.49 |
| Revenue growth | −100.0% | 7.1% |
The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
Score 2023–2025
- Avinxt AS
- Median: companies in the same sector
The industry or the company: what drove the result?
In 2024 the operating margin of Avinxt AS rose by 828.0 percentage points. Comparable companies rose by a median 0.1 points. So the company did 827.9 points better than the industry, for reasons of its own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | −393.0% | 5.8% | +828.0 percentage points | +0.1 percentage points | +827.9 percentage points |
Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Avinxt AS. The figures stand side by side; we claim no cause.
Turnover index: architectural and engineering activities (indeks (2021 = 100))
Turnover index: architectural and engineering activities rose 14.5% in 2024; the operating margin of Avinxt AS rose 828.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: architectural and engineering activities, annual average | 99.0 | 108.8 | 127.9 | 146.4 | 158.3 | 155.2 (so far) |
| Change from the year before | +9.8% | +9.9% | +17.5% | +14.5% | +8.1% | −1.9% |
| The company's operating margin | – | – | −1,221.0% | −393.0% | – | – |
Source: SSB (13863, CC BY 4.0). Source
Turnover index: advertising and market research (indeks (2021 = 100))
Turnover index: advertising and market research fell 1.3% in 2024; the operating margin of Avinxt AS rose 828.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: advertising and market research, annual average | 99.4 | 113.5 | 108.3 | 106.9 | 110.7 | 126.1 (so far) |
| Change from the year before | +35.1% | +14.2% | −4.6% | −1.3% | +3.6% | +13.9% |
| The company's operating margin | – | – | −1,221.0% | −393.0% | – | – |
Source: SSB (13863, CC BY 4.0). Source
Turnover index: other professional and technical activities (indeks (2021 = 100))
Turnover index: other professional and technical activities fell 6.0% in 2024; the operating margin of Avinxt AS rose 828.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: other professional and technical activities, annual average | 98.3 | 121.6 | 139.4 | 131.0 | 139.1 | 158.0 (so far) |
| Change from the year before | +29.9% | +23.7% | +14.6% | −6.0% | +6.2% | +13.6% |
| The company's operating margin | – | – | −1,221.0% | −393.0% | – | – |
Source: SSB (13863, CC BY 4.0). Source
Service prices: architects and engineering (indeks (2021 = 100))
Service prices: architects and engineering rose 3.4% in 2024; the operating margin of Avinxt AS rose 828.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Service prices: architects and engineering, annual average | 100.0 | 103.6 | 107.5 | 111.2 | 114.7 | 119.4 (so far) |
| Change from the year before | +1.2% | +3.5% | +3.8% | +3.4% | +3.2% | +4.2% |
| The company's operating margin | – | – | −1,221.0% | −393.0% | – | – |
Source: SSB (14335, CC BY 4.0). Source
Oil price (export price of crude oil) (kr per fat)
Oil price (export price of crude oil) fell 2.0% in 2024; the operating margin of Avinxt AS rose 828.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Oil price (export price of crude oil), annual average | 609 | 979 | 877 | 859 | 708 | 881 (so far) |
| Change from the year before | +61.1% | +60.8% | −10.5% | −2.0% | −17.6% | +24.5% |
| The company's operating margin | – | – | −1,221.0% | −393.0% | – | – |
Source: SSB (08799, CC BY 4.0). Source
Policy rate (prosent)
Policy rate rose 0.96 percentage points in 2024; the operating margin of Avinxt AS rose 828.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| The company's operating margin | – | – | −1,221.0% | −393.0% | – | – |
Source: Norges Bank (IR, NLOD 2.0). Source
EUR/NOK (kr)
EUR/NOK rose 1.8% in 2024; the operating margin of Avinxt AS rose 828.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| EUR/NOK, annual average | 10.16 | 10.10 | 11.42 | 11.62 | 11.72 | 11.04 (so far) |
| Change from the year before | −5.2% | −0.6% | +13.1% | +1.8% | +0.8% | −5.8% |
| The company's operating margin | – | – | −1,221.0% | −393.0% | – | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Wage index: architects and engineering (indeks)
Wage index: architects and engineering rose 5.2% in 2024; the operating margin of Avinxt AS rose 828.0 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: architects and engineering, annual average | 90.5 | 90.9 | 96.0 | 100.9 | 105.6 | 109.2 (so far) |
| Change from the year before | +7.4% | +0.5% | +5.6% | +5.2% | +4.7% | +3.4% |
| The company's operating margin | – | – | −1,221.0% | −393.0% | – | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Avinxt AS had an equity ratio of 1.8% in 2025. The company is not ranked: revenue not reported.
From 2024 to 2025: the equity ratio rose from −2,104.5% to 1.8% and revenue fell by 100%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 18.6 | not meaningful |
| EV/EBIT | 15.9 | not meaningful |
| P/B | 3.2 | 1 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Worth a closer look
- critical
Consider strengthening liquidity: current liabilities are 12.0 times current assets.
Based on: Current ratio 0.08 (median 1.49).
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 1.8% (median 36.3%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 5.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 8.5% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
- watch No revenue but large assets
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of −0.2%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is Avinxt AS?
The operating margin was – in 2025, against a median of 5.3% among companies in the same sector. Return on assets was −4.3%. The company made a loss before tax.
How solid is Avinxt AS?
The equity ratio was 1.8% in 2025 (median 36.3%). Debt-to-equity was 54.08 (median 1.47).
What is the liquidity of Avinxt AS like?
The current ratio was 0.08 in 2025 (median 1.49). Current assets did not cover current liabilities.
Group structure · 2025
2 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
Sudrheim Aviation Group AS owns 60% of the shares in Avinxt AS.
Avinxt AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
The group in figures
- Sectors
- Teknisk tjenesteyting og forskning (1 company) 1 of 2 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
- Loss
- 1 company: Avinxt AS
A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.
-
Avinxt AS you are here
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.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
From the Central Coordinating Register
- Org. no.
- 916859996
- Legal form
- AS
- Sector
- Teknisk tjenesteyting og forskning (71.129)
- Employees
- 0–4 (not registered)
- Founded
- 1 March 2016 10 years in operation
- Share capital
- 12.00 MNOK
- Business address
- Voldsvegen 204, 3739 SKIEN
- Municipality
- Skien rank 9 of 10 in KOSTRA group 11
- Audit
- Audit opted out from 14 January 2025
- Latest accounts filed
- 2025
- Website
- www.avinxt.com
- LEI
- 635400GDHURJAZT5UZ37 not renewed (lapsed)
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
Loading roles …
Source: Central Coordinating Register, fetched 2 November 2026. Only names are shown.
- Parent company
- Parent does not consolidate the company
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 65 (one owner holds more than half)
- Largest owner
- 59.7% · top three 72.2%
- Split
- companies 99% · private persons 1% · foreign 0%
- Owners over 60
- 77% of the shares held by persons (median age 63)
- Group chain
- Ultimate owner: Sudrheim Aviation Group AS
- Sudrheim Aviation Group AS · 59.7%
- Brj Investor AS · 6.3%
- Brødrene Jensen AS · 6.3%
- BØ 2000 Consulting AS · 3.0%
- Norway Steel Invest AS · 2.5%
- Heidenreich-Riis og Lillefjære AS · 2.1%
- Msg Holding AS · 2.0%
- Heiden Invest AS · 1.8%
- Mæland Holding AS · 1.6%
- Govig AS · 1.4%
- 21 private persons · 1.4%
The company is new in the shareholder register in 2025.
Majority owner of: Avinxt Defence AS (100%)
Holds shares in: Avinxt Defence AS (100%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 1 | 10 | – | |
| Rank | 3,995 | 4,023 | – | |
| Operating margin | −1,221.0% | −393.0% | – | |
| Return on assets | −229.8% | −1,478.6% | −4.3% | |
| Equity ratio | −93.8% | −2,104.5% | 1.8% | |
| Current ratio | 0.19 | 0.04 | 0.08 | |
| Revenue growth | – | 10.9% | −100.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 4.1 MNOK | 4.5 MNOK | 0.0 MNOK |
| Operating profit | −49.5 MNOK | −17.7 MNOK | −1.1 MNOK |
| Profit before tax | −52.7 MNOK | −20.7 MNOK | −3.4 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | −25.0 MNOK |
| Net profit | −52.7 MNOK | −20.7 MNOK | 21.6 MNOK |
| Financial expenses | 3.3 MNOK | 3.1 MNOK | 2.2 MNOK |
| Total assets | 21.5 MNOK | 1.2 MNOK | 26.4 MNOK |
| Current assets | 4.8 MNOK | 0.8 MNOK | 1.1 MNOK |
| Equity | −20.2 MNOK | −25.0 MNOK | 0.5 MNOK |
| Retained earnings | −81.9 MNOK | −102.6 MNOK | −77.0 MNOK |
| Total liabilities | 41.7 MNOK | 26.2 MNOK | 25.9 MNOK |
| Current liabilities | 25.4 MNOK | 20.9 MNOK | 13.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6479051.