ÅRDAL ENERGI HOLDING AS
Score · fiscal year 2025
56of 100
How to read this: the company is ahead of 66 % of small companies in the same sector in 2025. What does this mean?
Rank: 259 of 754 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 55 and solidity 71 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
ÅRDAL ENERGI HOLDING AS is 7 points above the median for small companies in the same sector in 2025.
Median score 49 among 576 companies.
Against small companies in the same sector in 2025: operating margin −86.4% (median 3.8%) and equity ratio 70.4% (median 34.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 7 MNOK | 3 MNOK |
| Operating margin | −86.4% | 3.8% |
| Profit margin | 404.7% | 1.1% |
| Return on assets | 17.7% | 0.0% |
| Equity ratio | 70.4% | 34.7% |
| Debt-to-equity | 0.42 | 1.30 |
| Current ratio | 1.29 | 1.56 |
| Revenue growth | – | 2.5% |
| Revenue per employee | 1.09 MNOK | 2.82 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 56, ÅRDAL ENERGI HOLDING AS does better than 66% of small companies in the same sector (583 companies) in 2025.
Score 2023–2025
- ÅRDAL ENERGI HOLDING AS
- Median: small companies in the same sector
What the numbers say
ÅRDAL ENERGI HOLDING AS had an operating margin of −86.4% and an equity ratio of 70.4% in 2025, and ranks 259 of 754 in Kraft og energi.
From 2024 to 2025: went from a loss to a profit before tax and the equity ratio fell from 84.8% to 70.4%.
ÅRDAL ENERGI HOLDING AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 107 MNOK and 263 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 263 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 107 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 operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −86.4% (median 3.8%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was −86.4% in 2025 (sector median 4.6%), and the equity ratio 70.4%.
The sector's weakest year was 2025, with a median operating margin of 4.6%. 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 | 55 | weight 30% |
|---|---|---|
| Solidity | 71 | weight 25% |
| Liquidity | 43 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 48 | weight 15% |
Durability: 67 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is ÅRDAL ENERGI HOLDING AS?
The operating margin was −86.4% in 2025, against a median of 3.8% among small companies in the same sector. Return on assets was 17.7%.
How solid is ÅRDAL ENERGI HOLDING AS?
The equity ratio was 70.4% in 2025 (median 34.7%). Debt-to-equity was 0.42 (median 1.30).
What is the liquidity of ÅRDAL ENERGI HOLDING AS like?
The current ratio was 1.29 in 2025 (median 1.56).
How does ÅRDAL ENERGI HOLDING AS compare in Kraft og energi?
ÅRDAL ENERGI HOLDING AS ranks 259 of 754 in Kraft og energi for 2025. Among companies of the same size (small companies) it ranks 201 of 583.
From the Central Coordinating Register
- Org. no.
- 922955220
- Legal form
- AS
- Sector
- Kraft og energi (35.140)
- Size tier
- small
- Employees
- 6 registered 10 September 2026
- Founded
- 23 May 2019 7 years in operation
- Share capital
- 29.00 MNOK
- Business address
- Utladalsvegen 1, 6884 ØVRE ÅRDAL
- Municipality
- Årdal rank 12 of 18 in KOSTRA group 2
- Latest accounts filed
- 2025
- Website
- www.ardal-energi.no
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
- Jan Stian Smedegård
- Chair of the board
- Egon Mogens Moen
- Board member
- Kirsti Eklund
- Board member
- Stian Marius Bye
- Board member
- Tor Erik Sveen
- Board member
- Trude Klingenberg
- Deputy member
- Jon Inge Øvrebø
- Deputy member
- Jan Inge Buene
- Deputy member
- Bodil Helen Selland Nordnes
- Deputy member
- Rune Blikken
- Deputy member
- Amarilys Ramirez Jimenez
- Auditor
- BDO AS
Source: Central Coordinating Register, fetched 25 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 | 82 | 61 | 56 | |
| Rank | 19 | 161 | 259 | |
| Operating margin | – | – | −86.4% | |
| Return on assets | 12.5% | 5.7% | 17.7% | |
| Equity ratio | 92.5% | 84.8% | 70.4% | |
| Current ratio | 4.25 | 1.90 | 1.29 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | 6.5 MNOK |
| Operating profit | −1.8 MNOK | −2.8 MNOK | −5.6 MNOK |
| Profit before tax | 16.9 MNOK | −3.4 MNOK | 26.4 MNOK |
| Net profit | 16.9 MNOK | −3.4 MNOK | 26.3 MNOK |
| Financial expenses | 0.0 MNOK | 10.3 MNOK | 0.4 MNOK |
| Total assets | 134.8 MNOK | 121.7 MNOK | 151.5 MNOK |
| Current assets | 43.1 MNOK | 35.1 MNOK | 40.6 MNOK |
| Equity | 124.7 MNOK | 103.3 MNOK | 106.6 MNOK |
| Retained earnings | 21.2 MNOK | 0.0 MNOK | 3.3 MNOK |
| Total liabilities | 10.2 MNOK | 18.5 MNOK | 44.8 MNOK |
| Current liabilities | 10.1 MNOK | 18.4 MNOK | 31.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7116249.
Further
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