ERGOCAR AS
Score · fiscal year 2025
8of 100
How to read this: the company is ahead of 2 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 11,173 of 11,388 · What are Morning company classes?
Place in the whole sector: 22,737 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 12 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
ERGOCAR AS is 42 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 11,385 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −6.4% (median 2.6%) and equity ratio −46.2% (median 33.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 7 MNOK | 4 MNOK |
| Operating margin | −6.4% | 2.6% |
| Profit margin | −6.3% | 2.2% |
| Return on assets | −46.8% | 6.2% |
| Equity ratio | −46.2% | 33.8% |
| Debt-to-equity | – | 1.23 |
| Current ratio | – | 1.75 |
| Revenue growth | – | 4.0% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 8, ERGOCAR AS does better than 2% of companies in the Morning class Micro in the same sector (11,388 companies) in 2025.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
ERGOCAR AS has a score of 8 for 2025, rank 22,737 of 23,059 in the sector.
Strongest: Consistency: percentile 13 against peers.
Weakest: Solidity: percentile 0 against peers, equity ratio −46.2% against a median of 33.8%. Profitability: percentile 12 against peers, operating margin −6.4% against a median of 2.6%.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −46.2% (median 33.8%).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −6.3% (median 2.2%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −6.4% (median 2.6%).
- What lies behind weak solidity, 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
ERGOCAR AS had an operating margin of −6.4% and an equity ratio of −46.2% in 2025, and ranks 22,737 of 23,059 in Handel.
This text is generated automatically from the 2025 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | not meaningful |
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
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −46.2% (median 33.8%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −6.3% (median 2.2%).
- 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 −6.4% (median 2.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.5% 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
- critical Negative equity
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
What the score is made of
| Profitability | 12 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | – | no data, left out |
| Growth | – | no data, left out |
| Consistency | 13 | weight 15% |
Index version 2. Data completeness 70%: the share of the weights that had data.
Questions and answers
How profitable is ERGOCAR AS?
The operating margin was −6.4% in 2025, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was −46.8%. The company made a loss before tax.
How solid is ERGOCAR AS?
The equity ratio was −46.2% in 2025 (median 33.8%). Equity is negative, so liabilities exceed assets.
How does ERGOCAR AS compare in Handel?
ERGOCAR AS ranks 22,737 of 23,059 in Handel for 2025. Among companies in the Morning class Micro it is number 11,173 of 11,388.
From the Central Coordinating Register
- Org. no.
- 935824354
- Legal form
- AS
- Sector
- Handel (47.810)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 16 June 2025 1 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Hasleveien 28A, 0571 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Audit
- Audit opted out from 9 July 2025
- 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
- Chair of the board
- Adrian Cenusa
- Accountant
- S.A.M TAX A/S
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 28 October 2026.
Year by year
Trends appear once there is more than one fiscal year.
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2025 |
|---|---|
| Operating revenue | 6.6 MNOK |
| Operating profit | −0.4 MNOK |
| Profit before tax | −0.4 MNOK |
| Net profit | −0.4 MNOK |
| Financial expenses | 0.0 MNOK |
| Total assets | 0.8 MNOK |
| Current assets | 0.8 MNOK |
| Equity | −0.4 MNOK |
| Retained earnings | −0.4 MNOK |
| Total liabilities | 1.2 MNOK |
| Current liabilities | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7120839.
Further
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