Eikund AS
Score · fiscal year 2025
16of 100
How to read this: the company is ahead of 5 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 1,595 of 1,679 · What are Morning company classes?
Place in the whole sector: 4,248 of 4,464 · Industri
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 3 and solidity 0 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Eikund AS is 35 points below the median for companies in the Morning class Small in the same sector in 2025.
Median score 51 among 1,679 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin −18.5% (median 4.6%) and equity ratio −6.2% (median 41.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 15 MNOK | 22 MNOK |
| Operating margin | −18.5% | 4.6% |
| Profit margin | −19.9% | 4.2% |
| Return on assets | −36.2% | 9.5% |
| Equity ratio | −6.2% | 41.8% |
| Debt-to-equity | – | 1.30 |
| Current ratio | 0.85 | 1.73 |
| Revenue growth | 27.1% | 5.3% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 16, Eikund AS does better than 5% of companies in the Morning class Small in the same sector (1,679 companies) in 2025.
Score 2023–2025
- Eikund AS
- Median: companies in the Morning class Small in the same sector
Eikund AS has a score of 16 for 2025, rank 4,248 of 4,464 in the sector.
Strongest: Growth: percentile 86 against peers, revenue growth 27.1% against a median of 5.3%.
Weakest: Solidity: percentile 0 against peers, equity ratio −6.2% against a median of 41.8%. Profitability: percentile 3 against peers, operating margin −18.5% against a median of 4.6%.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −6.2% (median 41.8%).
- Consider strengthening liquidity: current liabilities are 1.2 times current assets. Based on: current ratio 0.85 (median 1.73).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −19.9% (median 4.2%).
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
The industry or the company: what drove the result?
In 2025 the operating margin of Eikund AS rose by 19.7 percentage points. Comparable companies rose by a median 0.2 points. So the company did 19.5 points better than the industry, for reasons of its own.
Over 2 year-to-year changes Eikund AS moved the same way as comparable companies 2 times. About 2% of the changes in operating margin were common to the industry; the rest was the company's own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | −38.2% | 4.3% | −3.1 percentage points | −0.3 percentage points | −2.8 percentage points |
| 2025 | −18.5% | 4.6% | +19.7 percentage points | +0.2 percentage points | +19.5 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 Eikund AS. The figures stand side by side; we claim no cause.
Producer prices in manufacturing (indeks (2021 = 100))
Producer prices in manufacturing rose 2.9% in 2025; the operating margin of Eikund AS rose 19.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Producer prices in manufacturing, annual average | 100.0 | 124.7 | 129.5 | 134.4 | 138.3 | 146.0 (so far) |
| Change from the year before | +10.7% | +24.7% | +3.9% | +3.7% | +2.9% | +5.6% |
| The company's operating margin | – | – | −35.1% | −38.2% | −18.5% | – |
Source: SSB (12462, CC BY 4.0). Source
EUR/NOK (kr)
EUR/NOK rose 0.8% in 2025; the operating margin of Eikund AS rose 19.7 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 | – | – | −35.1% | −38.2% | −18.5% | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Wholesale power price (øre per kWh)
Wholesale power price rose 9.4% in 2025; the operating margin of Eikund AS rose 19.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wholesale power price, annual average | 64.2 | 141.7 | 72.0 | 49.4 | 54.0 | 96.5 (so far) |
| Change from the year before | +466.7% | +120.8% | −49.2% | −31.4% | +9.4% | +78.4% |
| The company's operating margin | – | – | −35.1% | −38.2% | −18.5% | – |
Source: SSB (09363, CC BY 4.0). Source
USD/NOK (kr)
USD/NOK fell 3.3% in 2025; the operating margin of Eikund AS rose 19.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| USD/NOK, annual average | 8.59 | 9.61 | 10.56 | 10.75 | 10.39 | 9.54 (so far) |
| Change from the year before | −8.8% | +11.9% | +9.9% | +1.7% | −3.3% | −8.2% |
| The company's operating margin | – | – | −35.1% | −38.2% | −18.5% | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Wage index: fabricated metal products (indeks)
Wage index: fabricated metal products rose 5.8% in 2025; the operating margin of Eikund AS rose 19.7 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: fabricated metal products, annual average | 88.0 | 91.5 | 96.9 | 102.1 | 108.0 | 112.8 (so far) |
| Change from the year before | +3.1% | +3.9% | +6.0% | +5.4% | +5.8% | +4.5% |
| The company's operating margin | – | – | −35.1% | −38.2% | −18.5% | – |
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
Eikund AS had an operating margin of −18.5% and an equity ratio of −6.2% in 2025, and ranks 4,248 of 4,464 in Industri.
From 2024 to 2025: the equity ratio fell from 43.8% to −6.2% and the operating margin rose from −38.2% to −18.5%.
This text is generated automatically from the 2025 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 22.2 | not meaningful |
| EV/EBIT | 18.6 | not meaningful |
| P/B | 3.0 | not meaningful |
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
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −6.2% (median 41.8%).
- watch
Consider strengthening liquidity: current liabilities are 1.2 times current assets.
Based on: Current ratio 0.85 (median 1.73).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −19.9% (median 4.2%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −18.5% (median 4.6%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 27.1% (median 5.3%); Current ratio 0.85 (median 1.73).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.1% 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
- 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 0.2%. 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 | 3 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 8 | weight 15% |
| Growth | 86 | weight 15% |
| Consistency | 8 | weight 15% |
Durability: 21 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Eikund AS?
The operating margin was −18.5% in 2025, against a median of 4.6% among companies in the Morning class Small in the same sector. Return on assets was −36.2%. The company made a loss before tax.
How solid is Eikund AS?
The equity ratio was −6.2% in 2025 (median 41.8%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Eikund AS like?
The current ratio was 0.85 in 2025 (median 1.73). Current assets did not cover current liabilities.
How does Eikund AS compare in Industri?
Eikund AS ranks 4,248 of 4,464 in Industri for 2025. Among companies in the Morning class Small it is number 1,595 of 1,679. Revenue changed by 27.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 917370176
- Legal form
- AS
- Sector
- Industri (31.000)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 24 May 2016 10 years in operation
- Share capital
- 0.59 MNOK
- Business address
- Langholmveien 6, 4373 EGERSUND (EIGERSUND)
- Municipality
- Eigersund rank 7–17 of 38 in KOSTRA group 7
- Latest accounts filed
- 2025
- Website
- www.eikund.com
- LEI
- 54930052OF1H3EG02U23 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
- 20
- Largest owner
- 46.6% · top three 66.8%
- Split
- companies 99% · private persons 1% · foreign 5%
- Owned from the same municipality
- 0%
- T.D. Veen AS · 46.6%
- Kristians and AS · 12.8%
- Månebakken AS · 7.4%
- ANDENES INVESTMENTS S.L. (Spain) · 5.1%
- Futurum Utvikling AS · 5.0%
- Hokahey AS · 4.2%
- Morten Hippe Holding AS · 2.6%
- Consolida AS · 2.6%
- Jay-Jay AS · 2.3%
- Stavanger Venture AS · 2.0%
- 1 private persons · 0.8%
The company is new in the shareholder register in 2025.
Holds shares in: Eikund AS (0%)
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 | 18 | 29 | 16 | |
| Rank | 3,864 | 3,729 | 4,248 | |
| Operating margin | −35.1% | −38.2% | −18.5% | |
| Return on assets | −75.8% | −75.9% | −36.2% | |
| Equity ratio | 19.9% | 43.8% | −6.2% | |
| Current ratio | 1.73 | 1.55 | 0.85 | |
| Revenue growth | – | −19.6% | 27.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 15.0 MNOK | 12.1 MNOK | 15.3 MNOK |
| Operating profit | −5.3 MNOK | −4.6 MNOK | −2.8 MNOK |
| Profit before tax | −5.7 MNOK | −4.8 MNOK | −3.0 MNOK |
| Tax expense | – | – | 0.0 MNOK |
| Net profit | −5.7 MNOK | −4.8 MNOK | −3.0 MNOK |
| Financial expenses | 0.5 MNOK | 0.3 MNOK | 0.3 MNOK |
| Total assets | 6.9 MNOK | 5.9 MNOK | 7.5 MNOK |
| Current assets | 6.1 MNOK | 5.1 MNOK | 6.8 MNOK |
| Equity | 1.4 MNOK | 2.6 MNOK | −0.5 MNOK |
| Retained earnings | – | – | −1.1 MNOK |
| Total liabilities | 5.5 MNOK | 3.3 MNOK | 8.0 MNOK |
| Current liabilities | 3.5 MNOK | 3.3 MNOK | 8.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7034220.
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