Integrated Wind Solutions ASA
Score · fiscal year 2025
60of 100
How to read this: the company is ahead of 73 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 48 of 176 · What are Morning company classes?
Place in the whole sector: 251 of 878 · 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 14 and solidity 99 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Integrated Wind Solutions ASA is 9 points above the median for companies in the Morning class Small in the same sector in 2025.
Median score 51 among 176 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin −50.2% (median 13.4%) and equity ratio 97.4% (median 37.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 42 MNOK | 23 MNOK |
| Operating margin | −50.2% | 13.4% |
| Profit margin | −30.4% | 15.0% |
| Return on assets | −0.9% | 6.0% |
| Equity ratio | 97.4% | 37.6% |
| Debt-to-equity | 0.03 | 1.56 |
| Current ratio | 8.28 | 1.30 |
| Revenue growth | 39.7% | 10.6% |
| Revenue per employee | 3.82 MNOK | 2.31 MNOK |
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 60, Integrated Wind Solutions ASA does better than 73% of companies in the Morning class Small in the same sector (176 companies) in 2025.
Score 2023–2025
- Integrated Wind Solutions ASA
- Median: companies in the Morning class Small in the same sector
Integrated Wind Solutions ASA has a score of 60 for 2025, rank 251 of 878 in the sector.
Strongest: Solidity: percentile 99 against peers, equity ratio 97.4% against a median of 37.6%. Liquidity: percentile 96 against peers, current ratio 8.28 against a median of 1.30.
Weakest: Profitability: percentile 14 against peers, operating margin −50.2% against a median of 13.4%. Consistency: percentile 29 against peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −30.4% (median 15.0%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −50.2% (median 13.4%).
- What lies behind weak profitability, and will it last?
- What lies behind weak consistency, 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
What the numbers say
Integrated Wind Solutions ASA had an operating margin of −50.2% and an equity ratio of 97.4% in 2025, and ranks 251 of 878 in Kraft og energi.
From 2024 to 2025: the operating margin rose from −100.3% to −50.2% and went from a profit to a loss before tax.
Integrated Wind Solutions ASA did weaker than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 1,430 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 1,430 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −30.4% (median 15.0%).
- 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 −50.2% (median 13.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.3% 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
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was −50.2% in 2025 (sector median 15.7%), and the equity ratio 97.4%. The company had a loss before tax that year. In the other years the operating margin averaged −149.3%.
The sector's weakest year was 2025, with a median operating margin of 15.7%. 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 | 14 | weight 30% |
|---|---|---|
| Solidity | 99 | weight 25% |
| Liquidity | 96 | weight 15% |
| Growth | 85 | weight 15% |
| Consistency | 29 | weight 15% |
Durability: 59 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Integrated Wind Solutions ASA?
The operating margin was −50.2% in 2025, against a median of 13.4% among companies in the Morning class Small in the same sector. Return on assets was −0.9%. The company made a loss before tax.
How solid is Integrated Wind Solutions ASA?
The equity ratio was 97.4% in 2025 (median 37.6%). Debt-to-equity was 0.03 (median 1.56).
What is the liquidity of Integrated Wind Solutions ASA like?
The current ratio was 8.28 in 2025 (median 1.30).
How does Integrated Wind Solutions ASA compare in Kraft og energi?
Integrated Wind Solutions ASA ranks 251 of 878 in Kraft og energi for 2025. Among companies in the Morning class Small it is number 48 of 176. Revenue changed by 39.7% from the year before.
Group accounts · 2025
65 of 100
Rank 8 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
- 106 MEUR
- ≈ 1,245 MNOK at Norges Bank's rate for the period
- Operating profit, group
- 25 MEUR
- ≈ 292 MNOK at Norges Bank's rate for the period
- Profit before tax, group
- 22 MEUR
- ≈ 261 MNOK at Norges Bank's rate for the period
- Total assets, group
- 422 MEUR
- ≈ 4,997 MNOK at Norges Bank's rate for the period
- Equity, group
- 214 MEUR
- ≈ 2,540 MNOK at Norges Bank's rate for the period
The group accounts are in EUR. Amounts are shown in EUR, with NOK below. Ratios are computed in EUR.
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 23.4% | −50.2% |
| Return on assets | 6.1% | −0.9% |
| Equity ratio | 50.8% | 97.4% |
| Current ratio | 3.12 | 8.28 |
| Revenue growth | 88.4% | 39.7% |
Group index in earlier years: 2023: 50 (36 of 64), 2024: 52 (19 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.
- 925558745
- Legal form
- ASA
- Sector
- Kraft og energi (35.122)
- Morning company class
- Small
- Employees
- 11 registered 10 October 2026
- Founded
- 23 July 2020 6 years in operation
- Share capital
- 79.91 MNOK
- Business address
- Støperigata 2, 0250 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.integratedwind.com
- LEI
- 549300JCAQFRMWSL7M59 renews 12 March 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
- Chief executive
- Lars-Henrik Qvernheim Røren
- Chair of the board
- Sigurd Einar Thorvildsen
- Board member
- Cathrine Holmsen Haavind
- Board member
- Daniel Allen Gold
- Board member
- Synne Syrrist
- Board member
- Jan Peter Döhle
- Auditor
- ERNST & Young AS
- Accountant
- View Maritime AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Parent does not consolidate the company
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 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.
Figures last fetched 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 55 | 63 | 60 | |
| Rank | 330 | 181 | 251 | |
| Operating margin | −198.3% | −100.3% | −50.2% | |
| Return on assets | 2.7% | 1.1% | −0.9% | |
| Equity ratio | 98.2% | 97.2% | 97.4% | |
| Current ratio | 18.19 | 4.42 | 8.28 | |
| Revenue growth | – | 106.2% | 39.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 14.6 MNOK | 30.1 MNOK | 42.0 MNOK |
| Operating profit | −28.9 MNOK | −30.2 MNOK | −21.1 MNOK |
| Profit before tax | 38.1 MNOK | 15.4 MNOK | −12.8 MNOK |
| Net profit | 36.4 MNOK | 13.6 MNOK | −12.8 MNOK |
| Financial expenses | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 1,427.6 MNOK | 1,455.1 MNOK | 1,467.6 MNOK |
| Current assets | 277.7 MNOK | 84.5 MNOK | 164.9 MNOK |
| Equity | 1,401.2 MNOK | 1,414.9 MNOK | 1,430.0 MNOK |
| Retained earnings | 34.0 MNOK | 47.6 MNOK | 34.8 MNOK |
| Total liabilities | 26.4 MNOK | 40.2 MNOK | 37.5 MNOK |
| Current liabilities | 15.3 MNOK | 19.1 MNOK | 19.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6888340.
Further
Similar companies
- Nordic Energy Invest AS index 61, rank 229 · compare
- Kvitno Kraft AS index 61, rank 231 · compare
- Breheim Nett AS index 61, rank 236 · compare
- Store Norske Energi AS index 61, rank 238 · compare
- Holmen Kraft AS index 60, rank 254 · compare