Evercorp AS

Org. no. 929400291 · Oslo · AS

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

Key facts

Employees 5 registered 10 September 2026
Operating revenue · 2025 17.0 MNOK Small
Net profit · 2025 8.2 MNOK
Equity · 2025 0.9 MNOK
Founded 2022 4 years in operation
Quick check · fiscal year 2025

Is the company run well?

Five key figures against companies in the Morning class Small in the same sector. Green is better than most, amber about like the industry and red weaker than most.

  • Profitability · operating margin 60.0% Better than the industry Industry: 9.8%
  • Returns · return on assets 75.4% Better than the industry Industry: 22.4%
  • Solidity · equity ratio 6.1% Weaker than the industry Industry: 26.0%
  • Liquidity · current ratio 1.07 Weaker than the industry Industry: 1.28
  • Growth · revenue growth 52.5% Better than the industry Industry: 8.3%

The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology

Score · fiscal year 2025

66of 100

How to read this: the company is ahead of 84 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 179 of 1,088 · What are Morning company classes?
Place in the whole sector: 1,172 of 6,601 · Revisjon, regnskap og rådgivning

Profile

Cheetah · Sprinter

High profitability, lower resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 96 and resilience 27 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Evercorp AS is 15 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 1,088 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 60.0% (median 9.8%) and equity ratio 6.1% (median 26.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 8 November 2026Report an issue
Development

How it has gone · 2023–2025

Revenue rose by 134 % from 2023 to 2025, to 17.0 MNOK. The operating margin rose from 55.2% in 2023 to 60.0% in 2025. The equity ratio fell from 12.8% in 2023 to 6.1% in 2025.

Score · 2025 66 +8 points since 2023 (better)
Operating revenue · 2025 17.0 MNOK +134% since 2023 (better)
Net profit · 2025 8.2 MNOK +160% since 2023 (better)
Operating margin · 2025 60.0% +4.8 pp since 2023 (better)
Equity ratio · 2025 6.1% −6.7 pp since 2023 (weaker)
Current ratio · 2025 1.07 about the same since 2023

Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year

Accounts in short

Key figure202320242025
Operating revenue7.3 MNOK11.2 MNOK17.0 MNOK
Operating profit4.0 MNOK6.5 MNOK10.2 MNOK
Net profit3.2 MNOK5.2 MNOK8.2 MNOK
Total assets5.8 MNOK9.1 MNOK14.0 MNOK
Equity0.7 MNOK0.8 MNOK0.9 MNOK
Total liabilities5.1 MNOK8.2 MNOK13.1 MNOK

From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year

From the Central Coordinating Register

Org. no.
929400291
Legal form
AS
Sector
Revisjon, regnskap og rådgivning (70.200)
Purpose
Tilby strategiske og finansielle rådgivningstjenester, og annen rådgivning som faller sammen med nevnte kategorier. Selskapet skal også investere i ulike aktiva klasser som noterte og unoterte aksjer, derivater, fastrentepapirer, eiendom, samt oppstarts- og veletablerte selskaper.
Morning company class
Small
Employees
5 registered 10 September 2026
Founded
22 June 2022 4 years in operation
Share capital
0.25 MNOK
Business address
Gullhaug Torg 1, 0484 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
VAT registered
Yes
Website
www.evercorp.no
The company's business municipality, Oslo. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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

Summary analysis

Evercorp AS has a score of 66 for 2025, rank 1,172 of 6,601 in the sector.

Strongest: Profitability: percentile 96 against peers, operating margin 60.0% against a median of 9.8%. Growth: percentile 73 against peers, revenue growth 52.5% against a median of 8.3%.

Weakest: Solidity: percentile 17 against peers, equity ratio 6.1% against a median of 26.0%. Liquidity: percentile 27 against peers, current ratio 1.07 against a median of 1.28.

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

Indications · 2025

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 6.1% (median 26.0%).

  • 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 52.5% (median 8.3%); Current ratio 1.07 (median 1.28).

  • watch

    Current liabilities exceed current assets other than bank deposits, and the current ratio is weak. Is it customer prepayments and supplier credit that fund the operations, or short-term loans that must be renewed?

    Based on: Net working capital to revenue −70.4% (median −7.5%); Current ratio 1.07 (median 1.28).

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

Financial costs were 0.0% 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 · 2026

Scenario analysis: the sector's weakest year

We have no accounts for 2026, the sector's weakest year, for this company.

The sector's weakest year was 2026, with a median operating margin of 5.7%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability96 weight 40%
Solidity17 weight 20%
Liquidity27 weight 5%
Growth73 weight 25%
Consistency45 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Durability: 64 (average over 3 years)

Index version 3. Data completeness 100%: the share of the weights that had data.

Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue17 MNOK17 MNOK
Operating margin 60.0% 9.8% 96 %
Profit margin 61.9% 10.5% shown, not part of the index
Return on assets 75.4% 22.4% 96 %
Equity ratio 6.1% 26.0% 18 %
Debt-to-equity 15.32 2.64 16 %
Current ratio 1.07 1.28 27 %
Revenue growth 52.5% 8.3% 89 %
Revenue per employee3.40 MNOK1.59 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 66, Evercorp AS does better than 84% of companies in the Morning class Small in the same sector (1,088 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Evercorp AS
  • Median: companies in the Morning class Small in the same sector
Working capital and debt · 2025

Working capital and debt

Working capital and debt · 2025
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
25 days 67 days 8 %
Inventory and other current assets, days
Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue.
0 days 0 days 38 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−70.4% −7.5% 2 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
91.8% 44.6% 97 %
Debt and interest burden
Interest coverage (times)
Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt.
8,021.7 60.9 95 %
Financial costs as a share of debt
All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate.
0.0% 0.3% 11 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
– 4.8% not compared

Net working capital (current assets less bank deposits less current liabilities): −12.0 MNOK.

Of the financial costs of 0.0 MNOK, 0.0 MNOK is reported as interest costs in the accounts.

The median and the bar refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.

The industry or the company: what drove the result?

In 2025 the operating margin of Evercorp AS rose by 1.5 percentage points. Comparable companies rose by a median 1.2 points. So the company did 0.3 points better than the industry, for reasons of its own.

Over 2 year-to-year changes Evercorp AS moved the same way as comparable companies 1 times. About 41% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of Evercorp AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
202458.5%8.5% +3.3 percentage points −4.3 percentage points +7.6 percentage points
202560.0%9.8% +1.5 percentage points +1.2 percentage points +0.3 percentage points

Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.

The company and its sector's drivers

Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Evercorp AS. The figures stand side by side; we claim no cause.

Turnover index: legal and accounting activities (indeks (2021 = 100))

Turnover index: legal and accounting activities rose 4.8% in 2025; the operating margin of Evercorp AS rose 1.5 percentage points.

Turnover index: legal and accounting activities per year and the operating margin of Evercorp AS
Measure202120222023202420252026
Turnover index: legal and accounting activities, annual average100.4107.7127.0135.2141.7149.6 (so far)
Change from the year before+8.7%+7.3%+17.9%+6.4%+4.8%+5.5%
The company's operating margin––55.2%58.5%60.0%–

Source: SSB (13863, CC BY 4.0). Source

Turnover index: management consultancy (indeks (2021 = 100))

Turnover index: management consultancy rose 6.5% in 2025; the operating margin of Evercorp AS rose 1.5 percentage points.

Turnover index: management consultancy per year and the operating margin of Evercorp AS
Measure202120222023202420252026
Turnover index: management consultancy, annual average99.4104.0114.9116.0123.6128.7 (so far)
Change from the year before+17.3%+4.6%+10.5%+1.0%+6.5%+4.1%
The company's operating margin––55.2%58.5%60.0%–

Source: SSB (13863, CC BY 4.0). Source

Service prices: legal and accounting (indeks (2021 = 100))

Service prices: legal and accounting rose 4.9% in 2025; the operating margin of Evercorp AS rose 1.5 percentage points.

Service prices: legal and accounting per year and the operating margin of Evercorp AS
Measure202120222023202420252026
Service prices: legal and accounting, annual average100.0104.8111.8117.4123.2127.0 (so far)
Change from the year before+3.4%+4.8%+6.7%+5.0%+4.9%+3.1%
The company's operating margin––55.2%58.5%60.0%–

Source: SSB (14335, CC BY 4.0). Source

Consumer price index (indeks (2025 = 100))

Consumer price index rose 3.0% in 2025; the operating margin of Evercorp AS rose 1.5 percentage points.

Consumer price index per year and the operating margin of Evercorp AS
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0103.0 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+3.0%
The company's operating margin––55.2%58.5%60.0%–

Source: SSB (14710, CC BY 4.0). Source

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Evercorp AS rose 1.5 percentage points.

Policy rate per year and the operating margin of Evercorp AS
Measure202120222023202420252026
Policy rate, annual average0.081.323.544.504.304.17 (so far)
Change from the year before−0.28 percentage points+1.24 percentage points+2.22 percentage points+0.96 percentage points−0.20 percentage points−0.12 percentage points
The company's operating margin––55.2%58.5%60.0%–

Source: Norges Bank (IR, NLOD 2.0). Source

Wage index: legal and accounting (indeks)

Wage index: legal and accounting rose 5.4% in 2025; the operating margin of Evercorp AS rose 1.5 percentage points.

Wage index: legal and accounting per year and the operating margin of Evercorp AS
Measure202120222023202420252026
Wage index: legal and accounting, annual average86.289.893.999.1104.4108.4 (so far)
Change from the year before+5.1%+4.3%+4.5%+5.6%+5.4%+3.8%
The company's operating margin––55.2%58.5%60.0%–

Source: SSB (12314, CC BY 4.0). Source

We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.

Analysis · 2025

What the numbers say

Evercorp AS had an operating margin of 60.0% and an equity ratio of 6.1% in 2025, and ranks 1,172 of 6,601 in Revisjon, regnskap og rådgivning.

From 2024 to 2025: revenue grew by 52%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 95 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 5.5 MNOK 22.4 124 MNOK 84 MNOK
EV/EBIT Operating profit (mean 2023–2025): 6.9 MNOK
less net debt −12.8 MNOK (rough figure)
17.4 133 MNOK 95 MNOK
P/B Equity: 0.9 MNOK 4.1 4 MNOK 2 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple120 MNOK
Enterprise value after the size adjustment82 MNOK
Less net debt (rough figure)−13 MNOK
Equity value95 MNOK

Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt.

The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 3% on the cost of equity gives a value 32% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.

The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Business & Consumer Services.

Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

2025

Questions and answers

How profitable is Evercorp AS?

The operating margin was 60.0% in 2025, against a median of 9.8% among companies in the Morning class Small in the same sector. Return on assets was 75.4%.

How solid is Evercorp AS?

The equity ratio was 6.1% in 2025 (median 26.0%). Debt-to-equity was 15.32 (median 2.64).

What is the liquidity of Evercorp AS like?

The current ratio was 1.07 in 2025 (median 1.28).

How does Evercorp AS compare in Revisjon, regnskap og rådgivning?

Evercorp AS ranks 1,172 of 6,601 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Small it is number 179 of 1,088. Revenue changed by 52.5% from the year before.

2025

Competitors

The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.

Agera Norge AS: 33 / 45Aquila AS: 60 / 84Stavanger Sentrum AS: 14 / 31ORION & Partners AS: 15 / 36Evercorp AS: 96 / 27Stepchange AS: 60 / 29Tian AS: 7 / 61Janiko AS: 63 / 84Bauer Invest AS: 98 / 9700252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Agera Norge AS · same municipality Beaver 17 MNOK 3.6% 30
Aquila AS Lion 17 MNOK 12.4% 74
Stavanger Sentrum AS Beaver 17 MNOK 0.1% 26
ORION & Partners AS · same municipality Beaver 17 MNOK 0.2% 33
Evercorp AS (this company) Cheetah 17 MNOK 60.0% 66
Stepchange AS Cheetah 17 MNOK 11.6% 37
Tian AS Elephant 17 MNOK −5.0% 28
Janiko AS Lion 17 MNOK 96.2% 77
Bauer Invest AS · same municipality Lion 17 MNOK 100.0% 97

The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis

Group structure · 2025

4 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.

Private persons own 100% of the shares in TX Group AS. Persons are not shown by name.

TX Group AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.

The group in figures

Sectors
Revisjon, regnskap og rådgivning (4 companies) 4 of 4 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
Employees in Norway
5 in all. Oslo 5 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
Loss
2 companies: Evercap AS, Everstate AS

A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.

  • TX Group AS operating · Revisjon, regnskap og rådgivning
    • Evercorp AS you are here 100% owned · operating · index 66 · number 1172 of 6601 in Revisjon, regnskap og rådgivning
    • Evercap AS 100% owned · operating · Revisjon, regnskap og rådgivning
    • Everstate AS 100% owned · operating · Revisjon, regnskap og rådgivning

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 100% · private persons 0% · foreign 0%
Owned from the same municipality
100%
Group chain
Owned by: TX Group AS (100%)
Ultimate owner: private person

The company is new in the shareholder register in 2025.

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

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.

Report an issue

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Figures last fetched 8 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index586966
Rank2,1439081,172
Operating margin55.2%58.5%60.0%
Return on assets69.5%74.2%75.4%
Equity ratio12.8%9.3%6.1%
Current ratio1.151.101.07
Revenue growth–53.3%52.5%

Accounts

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

Key figure202320242025
Operating revenue7.3 MNOK11.2 MNOK17.0 MNOK
Operating profit4.0 MNOK6.5 MNOK10.2 MNOK
Profit before tax4.0 MNOK6.7 MNOK10.5 MNOK
Tax expense0.9 MNOK1.5 MNOK2.3 MNOK
Net profit3.2 MNOK5.2 MNOK8.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets5.8 MNOK9.1 MNOK14.0 MNOK
Current assets5.8 MNOK9.1 MNOK14.0 MNOK
Equity0.7 MNOK0.8 MNOK0.9 MNOK
Retained earnings0.5 MNOK0.6 MNOK0.6 MNOK
Total liabilities5.1 MNOK8.2 MNOK13.1 MNOK
Current liabilities5.1 MNOK8.2 MNOK13.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 8 November 2026, accounts id 6424857.