ENGCON NORWAY AS

Org. no. 928661644 · Lillestrøm · Founded 2022 · 8 employees

Score · fiscal year 2025

25of 100

How to read this: the company is ahead of 9 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 3,364 of 3,712 · What are Morning company classes?
Place in the whole sector: 20,128 of 23,059 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 9 and solidity 14 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

ENGCON NORWAY AS is 25 points below the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 3,712 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin −1.0% (median 3.0%) and equity ratio 11.9% (median 30.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue131 MNOK93 MNOK
Operating margin −1.0% 3.0% 10 %
Profit margin −1.7% 2.8% shown, not part of the index
Return on assets −3.7% 11.6% 8 %
Equity ratio 11.9% 30.0% 15 %
Debt-to-equity 7.42 2.24 12 %
Current ratio 1.16 1.39 29 %
Revenue growth 15.8% 6.1% 74 %
Revenue per employee16.38 MNOK5.07 MNOK

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

With an index of 25, ENGCON NORWAY AS does better than 9% of companies in the Morning class Medium in the same sector (3,712 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ENGCON NORWAY AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

ENGCON NORWAY AS has a score of 25 for 2025, rank 20,128 of 23,059 in the sector.

Strongest: Growth: percentile 74 against peers, revenue growth 15.8% against a median of 6.1%.

Weakest: Profitability: percentile 9 against peers, operating margin −1.0% against a median of 3.0%. Solidity: percentile 14 against peers, equity ratio 11.9% against a median of 30.0%.

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

ENGCON NORWAY AS had an operating margin of −1.0% and an equity ratio of 11.9% in 2025, and ranks 20,128 of 23,059 in Handel.

From 2024 to 2025: went from a profit to a loss before tax and the equity ratio fell from 21.4% to 11.9%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 4 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −2.2 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −1.3 MNOK 8.0 not meaningful
P/B Equity: 4.2 MNOK 1.0 4 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 −1.7% (median 2.8%).

  • 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 −1.0% (median 3.0%).

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

Financial costs were 2.7% 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.

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability9 weight 30%
Solidity14 weight 25%
Liquidity29 weight 15%
Growth74 weight 15%
Consistency21 weight 15%

Durability: 35 (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 ENGCON NORWAY AS?

The operating margin was −1.0% in 2025, against a median of 3.0% among companies in the Morning class Medium in the same sector. Return on assets was −3.7%. The company made a loss before tax.

How solid is ENGCON NORWAY AS?

The equity ratio was 11.9% in 2025 (median 30.0%). Debt-to-equity was 7.42 (median 2.24).

What is the liquidity of ENGCON NORWAY AS like?

The current ratio was 1.16 in 2025 (median 1.39).

How does ENGCON NORWAY AS compare in Handel?

ENGCON NORWAY AS ranks 20,128 of 23,059 in Handel for 2025. Among companies in the Morning class Medium it is number 3,364 of 3,712. Revenue changed by 15.8% from the year before.

From the Central Coordinating Register

Org. no.
928661644
Legal form
AS
Sector
Handel (46.630)
Morning company class
Medium
Employees
8 registered 10 August 2026
Founded
14 January 2022 4 years in operation
Share capital
0.50 MNOK
Business address
Bølerveien 71, 2020 SKEDSMOKORSET (LILLESTRØM)
Municipality
Lillestrøm rank 7 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
Morten Fjeld-Nielsen
Chair of the board
Stig Gustav Engström
Auditor
DELOITTE AS
Accountant
SPAREBANK 1 REGNSKAPSHUSET SMN 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.

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Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index522825
Rank9,82418,71120,128
Operating margin6.3%0.6%−1.0%
Return on assets24.0%2.4%−3.7%
Equity ratio20.8%21.4%11.9%
Current ratio1.201.251.16
Revenue growth–−19.2%15.8%

Accounts

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

Key figure202320242025
Operating revenue140.1 MNOK113.2 MNOK131.1 MNOK
Operating profit8.8 MNOK0.7 MNOK−1.3 MNOK
Profit before tax8.2 MNOK0.1 MNOK−2.2 MNOK
Net profit6.0 MNOK0.1 MNOK−2.2 MNOK
Financial expenses−0.8 MNOK0.6 MNOK0.9 MNOK
Total assets30.9 MNOK30.4 MNOK35.8 MNOK
Current assets27.5 MNOK27.7 MNOK33.8 MNOK
Equity6.4 MNOK6.5 MNOK4.2 MNOK
Retained earnings5.9 MNOK6.0 MNOK3.8 MNOK
Total liabilities24.5 MNOK23.9 MNOK31.5 MNOK
Current liabilities23.0 MNOK22.3 MNOK29.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7009548.

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