Cloudberry Clean Energy ASA

Org. no. 919967072 · Oslo · Founded 2017 · 17 employees

Score · fiscal year 2025

47of 100

How to read this: the company is ahead of 43 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 252 of 438 · What are Morning company classes?
Place in the whole sector: 494 of 870 · Kraft og energi

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 12 and solidity 90 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Cloudberry Clean Energy ASA is 3 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 438 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin −1,728.2% (median 17.2%) and equity ratio 88.0% (median 38.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue4 MNOK3 MNOK
Operating margin −1,728.2% 17.2% 0 %
Profit margin −1,540.9% 2.3% shown, not part of the index
Return on assets −0.8% 3.8% 23 %
Equity ratio 88.0% 38.0% 91 %
Debt-to-equity 0.14 1.41 90 %
Current ratio 1.17 1.98 27 %
Revenue growth 52.1% 1.9% 88 %
Revenue per employee0.25 MNOK0.89 MNOK

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 47, Cloudberry Clean Energy ASA does better than 43% of companies in the Morning class Micro in the same sector (438 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Cloudberry Clean Energy ASA
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

Cloudberry Clean Energy ASA has a score of 47 for 2025, rank 494 of 870 in the sector.

Strongest: Solidity: percentile 90 against peers, equity ratio 88.0% against a median of 38.0%. Growth: percentile 88 against peers, revenue growth 52.1% against a median of 1.9%.

Weakest: Profitability: percentile 12 against peers, operating margin −1,728.2% against a median of 17.2%. Consistency: percentile 24 against peers.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

Cloudberry Clean Energy ASA had an operating margin of −1,728.2% and an equity ratio of 88.0% in 2025, and ranks 494 of 870 in Kraft og energi.

From 2024 to 2025: the operating margin rose from −2,747.1% to −1,728.2% and revenue grew by 52%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 4,039 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −66.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −74.1 MNOK 8.0 not meaningful
P/B Equity: 4,038.7 MNOK 1.0 4,039 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 · 2025

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −1,540.9% (median 2.3%).

  • 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 −1,728.2% (median 17.2%).

  • 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 52.1% (median 1.9%); Current ratio 1.17 (median 1.98).

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

Financial costs were 5.4% 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 Extreme margin: check the figures
Stress test · 2022

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 3.3%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability12 weight 30%
Solidity90 weight 25%
Liquidity27 weight 15%
Growth88 weight 15%
Consistency24 weight 15%

Durability: 51 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Cloudberry Clean Energy ASA?

The operating margin was −1,728.2% in 2025, against a median of 17.2% among companies in the Morning class Micro in the same sector. Return on assets was −0.8%. The company made a loss before tax.

How solid is Cloudberry Clean Energy ASA?

The equity ratio was 88.0% in 2025 (median 38.0%). Debt-to-equity was 0.14 (median 1.41).

What is the liquidity of Cloudberry Clean Energy ASA like?

The current ratio was 1.17 in 2025 (median 1.98).

How does Cloudberry Clean Energy ASA compare in Kraft og energi?

Cloudberry Clean Energy ASA ranks 494 of 870 in Kraft og energi for 2025. Among companies in the Morning class Micro it is number 252 of 438. Revenue changed by 52.1% from the year before.

Group accounts · 2025

53 of 100

Rank 15 of 41 groups in the Morning class Large in Kraft og energi. Groups are ranked only against other groups in the same sector and class, never against single companies.

Operating revenue, group
571 MNOK
Operating profit, group
8 MNOK
Profit before tax, group
100 MNOK
Total assets, group
9,433 MNOK
Equity, group
5,427 MNOK
Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2025)
Operating margin1.4% −1,728.2%
Return on assets3.9% −0.8%
Equity ratio57.5% 88.0%
Current ratio4.57 1.17
Revenue growth4.2% 52.1%

Group index in earlier years: 2023: 64 (12 of 41), 2024: 60 (8 of 40).

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).

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

From the Central Coordinating Register

Org. no.
919967072
Legal form
ASA
Sector
Kraft og energi (35.122)
Morning company class
Micro
Employees
17 registered 10 October 2026
Founded
10 November 2017 8 years in operation
Share capital
115.12 MNOK
Business address
Frøyas gate 15, 0273 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
LEI
549300VUALPJQLAH7B56 renews 11 January 2027

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 29 October 2026. Only names are shown.

Parent company
No known owner

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.

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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index604647
Rank253524494
Operating margin−2,916.5%−2,747.1%−1,728.2%
Return on assets4.6%−0.9%−0.8%
Equity ratio99.5%85.2%88.0%
Current ratio35.411.181.17
Revenue growth–17.3%52.1%

Accounts

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

Key figure202320242025
Operating revenue2.4 MNOK2.8 MNOK4.3 MNOK
Operating profit−70.0 MNOK−77.4 MNOK−74.1 MNOK
Profit before tax94.6 MNOK−54.4 MNOK−66.0 MNOK
Net profit94.6 MNOK−54.4 MNOK−66.0 MNOK
Financial expenses72.1 MNOK15.5 MNOK30.0 MNOK
Total assets3,654.9 MNOK4,226.2 MNOK4,591.5 MNOK
Current assets596.3 MNOK734.4 MNOK645.7 MNOK
Equity3,638.1 MNOK3,601.4 MNOK4,038.7 MNOK
Retained earnings70.0 MNOK32.7 MNOK128.0 MNOK
Total liabilities16.8 MNOK624.8 MNOK552.7 MNOK
Current liabilities16.8 MNOK624.8 MNOK552.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7104723.