Claxton Engineering Services AS
Score · fiscal year 2023
11of 100
How to read this: the company is ahead of 3 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?
Rank in the Morning class Medium: 107 of 110 · What are Morning company classes?
Place in the whole sector: 318 of 326 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 1 and solidity 12 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology
Against the sector
Claxton Engineering Services AS is 38 points below the median for companies in the Morning class Medium in the same sector in 2023.
Median score 49 among 110 companies.
Against companies in the Morning class Medium in the same sector in 2023: operating margin −58.8% (median 8.1%) and equity ratio 5.4% (median 26.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 61 MNOK | 140 MNOK |
| Operating margin | −58.8% | 8.1% |
| Profit margin | −76.9% | 9.8% |
| Return on assets | −38.6% | 12.7% |
| Equity ratio | 5.4% | 26.9% |
| Debt-to-equity | 17.50 | 2.22 |
| Current ratio | 1.04 | 1.35 |
| Revenue growth | – | 138.7% |
| Revenue per employee | 2.10 MNOK | 2.70 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 11, Claxton Engineering Services AS does better than 3% of companies in the Morning class Medium in the same sector (110 companies) in 2023.
Score 2023–2025
- Claxton Engineering Services AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Claxton Engineering Services AS had an operating margin of −58.8% and an equity ratio of 5.4% in 2023, and ranks 318 of 326 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 5 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 5 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
Worth a closer look
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 5.4% (median 26.9%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −76.9% (median 9.8%).
- 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 −58.8% (median 8.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 13.8% of the debt in 2023. The policy rate averaged 3.54 % 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 1.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 1 | weight 30% |
|---|---|---|
| Solidity | 12 | weight 25% |
| Liquidity | 28 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 13 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Claxton Engineering Services AS?
The operating margin was −58.8% in 2023, against a median of 8.1% among companies in the Morning class Medium in the same sector. Return on assets was −38.6%. The company made a loss before tax.
How solid is Claxton Engineering Services AS?
The equity ratio was 5.4% in 2023 (median 26.9%). Debt-to-equity was 17.50 (median 2.22).
What is the liquidity of Claxton Engineering Services AS like?
The current ratio was 1.04 in 2023 (median 1.35).
How does Claxton Engineering Services AS compare in Olje og gass?
Claxton Engineering Services AS ranks 318 of 326 in Olje og gass for 2023. Among companies in the Morning class Medium it is number 107 of 110.
From the Central Coordinating Register
- Org. no.
- 922723052
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Morning company class
- Medium
- Employees
- 29 registered 10 July 2026
- Founded
- 12 April 2019 7 years in operation
- Share capital
- 24.77 MNOK
- Business address
- Koppholen 20, 4313 SANDNES
- Municipality
- Sandnes rank 4 of 11 in KOSTRA group 12
- 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
- Roger Sandanger
- Chair of the board
- Samuel Hanton
- Board member
- Roger Sandanger
- Board member
- Vikash Manpuria
- Auditor
- Vaak Revisjon og Rådgivning 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 11 | 21 | 6 | |
| Rank | 318 | 302 | 319 | |
| Operating margin | −58.8% | −5.7% | −44.3% | |
| Return on assets | −38.6% | −5.5% | −21.5% | |
| Equity ratio | 5.4% | −7.7% | −37.8% | |
| Current ratio | 1.04 | 0.80 | 0.66 | |
| Revenue growth | – | 113.9% | −47.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 60.9 MNOK | 130.3 MNOK | 68.6 MNOK |
| Operating profit | −35.8 MNOK | −7.5 MNOK | −30.4 MNOK |
| Profit before tax | −46.9 MNOK | −14.4 MNOK | −31.4 MNOK |
| Net profit | −37.7 MNOK | −14.4 MNOK | −31.4 MNOK |
| Financial expenses | 11.9 MNOK | 7.6 MNOK | 8.1 MNOK |
| Total assets | 90.6 MNOK | 122.7 MNOK | 108.1 MNOK |
| Current assets | 76.8 MNOK | 105.8 MNOK | 97.7 MNOK |
| Equity | 4.9 MNOK | −9.5 MNOK | −40.9 MNOK |
| Retained earnings | −19.9 MNOK | −34.2 MNOK | −65.6 MNOK |
| Total liabilities | 85.7 MNOK | 132.2 MNOK | 149.0 MNOK |
| Current liabilities | 73.8 MNOK | 132.2 MNOK | 149.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5454781.
Further
Similar companies
- Island Drilling Crewing AS index 14, rank 312 · compare
- Mardahl Industri AS index 13, rank 314 · compare
- Odfjell Well Services AS index 13, rank 315 · compare
- Tdw Offshore Services AS index 7, rank 322 · compare
- Transocean Barents ASA index 5, rank 323 · compare