ENGELSEN UTVIKLING AS
Score · fiscal year 2023
45of 100
How to read this: the company is ahead of 42 % of small companies in the same sector in 2023. What does this mean?
Rank: 16,890 of 28,987 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 31 and solidity 96 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
ENGELSEN UTVIKLING AS is 5 points below the median for small companies in the same sector in 2023.
Median score 50 among 27,959 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 4.1% |
| Profit margin | – | 3.8% |
| Return on assets | −0.5% | 5.9% |
| Equity ratio | 99.8% | 36.8% |
| Debt-to-equity | 0.00 | 1.24 |
| Current ratio | 0.41 | 1.44 |
| Revenue growth | – | 2.5% |
The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 45, ENGELSEN UTVIKLING AS does better than 42% of small companies in the same sector (28,009 companies) in 2023.
Score 2023–2025
- ENGELSEN UTVIKLING AS
- Median: small companies in the same sector
What the numbers say
ENGELSEN UTVIKLING AS had an operating margin of – and an equity ratio of 99.8% in 2023, and ranks 16,890 of 28,987 in Bygg og anlegg.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 6 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 6 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
- critical
Consider strengthening liquidity: current liabilities are 2.5 times current assets.
Based on: Current ratio 0.41 (median 1.44).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 3.8%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 456.0% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
- watch Revenue not reported
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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 31 | weight 30% |
|---|---|---|
| Solidity | 96 | weight 25% |
| Liquidity | 10 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 24 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is ENGELSEN UTVIKLING AS?
The operating margin was – in 2023, against a median of 4.1% among small companies in the same sector. Return on assets was −0.5%. The company made a loss before tax.
How solid is ENGELSEN UTVIKLING AS?
The equity ratio was 99.8% in 2023 (median 36.8%). Debt-to-equity was 0.00 (median 1.24).
What is the liquidity of ENGELSEN UTVIKLING AS like?
The current ratio was 0.41 in 2023 (median 1.44). Current assets did not cover current liabilities.
How does ENGELSEN UTVIKLING AS compare in Bygg og anlegg?
ENGELSEN UTVIKLING AS ranks 16,890 of 28,987 in Bygg og anlegg for 2023. Among companies of the same size (small companies) it ranks 16,297 of 28,009.
From the Central Coordinating Register
- Org. no.
- 930521655
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 21 November 2022 3 years in operation
- Share capital
- 0.06 MNOK
- Business address
- Hamnegata 86, 5411 STORD
- Municipality
- Stord rank 6–23 of 38 in KOSTRA group 7
- Audit
- Audit opted out from 21 November 2024
- 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
- Wilhelm Engelsen
- Chair of the board
- Wilhelm Engelsen
- Accountant
- FORVIS MAZARS OUTSOURCING 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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 45 | 61 | 66 | |
| Rank | 16,890 | 8,787 | 6,349 | |
| Operating margin | – | – | – | |
| Return on assets | −0.5% | −0.5% | 2.0% | |
| Equity ratio | 99.8% | 99.3% | 99.6% | |
| Current ratio | 0.41 | 76.71 | 125.38 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | −0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Net profit | −0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Financial expenses | 0.1 MNOK | – | – |
| Total assets | 6.0 MNOK | 6.0 MNOK | 6.1 MNOK |
| Current assets | 0.0 MNOK | 3.5 MNOK | 3.4 MNOK |
| Equity | 6.0 MNOK | 6.0 MNOK | 6.1 MNOK |
| Retained earnings | −0.1 MNOK | −0.1 MNOK | 0.0 MNOK |
| Total liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Current liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5196267.
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