Eidfor AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Score · fiscal year 2024
62of 100
How to read this: the company is ahead of 77 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 1,922 of 8,197 · What are Morning company classes?
Place in the whole sector: 2,497 of 10,906 · Eiendom
Profile
Lion · Leader
High profitability, high resilience
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 56 and resilience 50 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Eidfor AS is 12 points above the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 8,197 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin 30.7% (median 44.3%) and equity ratio 22.8% (median 24.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 3 MNOK |
| Operating margin | 30.7% | 44.3% |
| Profit margin | 30.9% | 16.2% |
| Return on assets | 12.7% | 7.1% |
| Equity ratio | 22.8% | 24.1% |
| Debt-to-equity | 3.39 | 2.48 |
| Current ratio | 1.29 | 1.34 |
| Revenue growth | 46.2% | 4.9% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 62, Eidfor AS does better than 77% of companies in the Morning class Micro in the same sector (8,197 companies) in 2024.
Score 2023–2025
- Eidfor AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Eidfor AS had an operating margin of 30.7% and an equity ratio of 22.8% in 2024, and ranks 2,497 of 10,906 in Eiendom.
From 2023 to 2024: the operating margin rose from −4.0% to 30.7% and went from a loss to a profit before tax.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 0 MNOK and 3 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 11.3 | 1 MNOK |
| EV/EBIT | 16.6 | 3 MNOK |
| P/B | 0.9 | 0 MNOK |
| EV/EBIT: from enterprise value to equity | NOK |
|---|---|
| Enterprise value (EV) at the listed multiple | 4 MNOK |
| Enterprise value after the size adjustment | 2 MNOK |
| Less net debt (rough figure) | 0 MNOK |
| Equity value | 3 MNOK |
Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt.
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The multiples are from the listed industry that matches the NACE code (68.1): Real Estate (Development).
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were −0.1% 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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
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 12.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 56 | weight 40% |
|---|---|---|
| Solidity | 46 | weight 20% |
| Liquidity | 49 | weight 5% |
| Growth | 88 | weight 25% |
| Consistency | 60 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Durability: 44 (average over 2 years)
Index version 3. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Eidfor AS?
The operating margin was 30.7% in 2024, against a median of 44.3% among companies in the Morning class Micro in the same sector. Return on assets was 12.7%.
How solid is Eidfor AS?
The equity ratio was 22.8% in 2024 (median 24.1%). Debt-to-equity was 3.39 (median 2.48).
What is the liquidity of Eidfor AS like?
The current ratio was 1.29 in 2024 (median 1.34).
How does Eidfor AS compare in Eiendom?
Eidfor AS ranks 2,497 of 10,906 in Eiendom for 2024. Among companies in the Morning class Micro it is number 1,922 of 8,197. Revenue changed by 46.2% from the year before.
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.
Private persons own 100% of the shares in Eidfor Tek AS. Persons are not shown by name.
Eidfor Tek 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
- Eiendom (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.
- Negative equity
- 1 company: Eidfor AS
- Loss
- 1 company: Eidfor 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.
-
Eidfor Tek AS
- Eidfor 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.
- 916968051
- Legal form
- AS
- Sector
- Eiendom (68.120)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 7 March 2016 10 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Brunholmgata 1B, 6004 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- 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
Loading roles …
Source: Central Coordinating Register, fetched 2 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Eidfor Tek AS (100%)
Ultimate owner: private person
- Eidfor Tek AS · 100.0%
The company is new in the shareholder register in 2025.
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.
Is this your company? Suggest changes or add information
Figures last fetched 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 25 | 62 | 2 | |
| Rank | 9,273 | 2,497 | 11,163 | |
| Operating margin | −4.0% | 30.7% | −161.8% | |
| Return on assets | −1.3% | 12.7% | −666.7% | |
| Equity ratio | 14.6% | 22.8% | −889.6% | |
| Current ratio | 1.16 | 1.29 | 0.10 | |
| Revenue growth | – | 46.2% | −26.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.1 MNOK | 1.6 MNOK | 1.2 MNOK |
| Operating profit | 0.0 MNOK | 0.5 MNOK | −2.0 MNOK |
| Profit before tax | −0.1 MNOK | 0.5 MNOK | −2.0 MNOK |
| Tax expense | 0.0 MNOK | 0.1 MNOK | – |
| Net profit | −0.1 MNOK | 0.4 MNOK | −2.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 3.4 MNOK | 4.0 MNOK | 0.3 MNOK |
| Current assets | 3.4 MNOK | 3.9 MNOK | 0.3 MNOK |
| Equity | 0.5 MNOK | 0.9 MNOK | −2.6 MNOK |
| Retained earnings | 0.3 MNOK | 0.7 MNOK | −2.8 MNOK |
| Total liabilities | 2.9 MNOK | 3.1 MNOK | 2.9 MNOK |
| Current liabilities | 2.9 MNOK | 3.1 MNOK | 2.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6425959.
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