Claxton Engineering Services AS
Score · fiscal year 2024
21of 100
How to read this: the company is ahead of 5 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 118 of 124 · What are Morning company classes?
Place in the whole sector: 302 of 324 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 13 and solidity 0 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
Claxton Engineering Services AS is 29 points below the median for companies in the Morning class Medium in the same sector in 2024.
Median score 50 among 124 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin −5.7% (median 6.0%) and equity ratio −7.7% (median 31.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 130 MNOK | 139 MNOK |
| Operating margin | −5.7% | 6.0% |
| Profit margin | −11.0% | 7.5% |
| Return on assets | −5.5% | 13.0% |
| Equity ratio | −7.7% | 31.9% |
| Debt-to-equity | – | 1.96 |
| Current ratio | 0.80 | 1.33 |
| Revenue growth | 113.9% | 17.1% |
| Revenue per employee | 4.49 MNOK | 3.42 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 21, Claxton Engineering Services AS does better than 5% of companies in the Morning class Medium in the same sector (124 companies) in 2024.
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 −5.7% and an equity ratio of −7.7% in 2024, and ranks 302 of 324 in Olje og gass.
From 2023 to 2024: the operating margin rose from −58.8% to −5.7% and revenue grew by 114%.
This text is generated automatically from the 2024 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −7.7% (median 31.9%).
- watch
Consider strengthening liquidity: current liabilities are 1.2 times current assets.
Based on: Current ratio 0.80 (median 1.33).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −11.0% (median 7.5%).
- 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 −5.7% (median 6.0%).
- 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 113.9% (median 17.1%); Current ratio 0.80 (median 1.33).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 5.7% 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
- 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 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 | 13 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 15 | weight 15% |
| Growth | 93 | weight 15% |
| Consistency | 10 | weight 15% |
Durability: 16 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Claxton Engineering Services AS?
The operating margin was −5.7% in 2024, against a median of 6.0% among companies in the Morning class Medium in the same sector. Return on assets was −5.5%. The company made a loss before tax.
How solid is Claxton Engineering Services AS?
The equity ratio was −7.7% in 2024 (median 31.9%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Claxton Engineering Services AS like?
The current ratio was 0.80 in 2024 (median 1.33). Current assets did not cover current liabilities.
How does Claxton Engineering Services AS compare in Olje og gass?
Claxton Engineering Services AS ranks 302 of 324 in Olje og gass for 2024. Among companies in the Morning class Medium it is number 118 of 124. Revenue changed by 113.9% from the year before.
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 6358043.
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