ERLING OLSEN AS

Org. no. 955675932 · TVEDESTRAND · Founded 1989 · 35 employees

Score · fiscal year 2025

70of 100

How to read this: the company is ahead of 87 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 223 of 1,765 · What are Morning company classes?
Place in the whole sector: 2,827 of 20,439 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 82 and solidity 73 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

ERLING OLSEN AS is 20 points above the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 1,764 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 9.3% (median 4.5%) and equity ratio 41.4% (median 30.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue77 MNOK91 MNOK
Operating margin 9.3% 4.5% 79 %
Profit margin 8.7% 4.5% shown, not part of the index
Return on assets 26.4% 11.4% 85 %
Equity ratio 41.4% 30.4% 73 %
Debt-to-equity 1.41 2.23 72 %
Current ratio 1.95 1.38 84 %
Revenue growth 10.9% 6.8% 57 %
Revenue per employee2.19 MNOK2.53 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 70, ERLING OLSEN AS does better than 87% of companies in the Morning class Medium in the same sector (1,765 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ERLING OLSEN AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

ERLING OLSEN AS has a score of 70 for 2025, rank 2,827 of 20,439 in the sector.

Strongest: Liquidity: percentile 84 against peers, current ratio 1.95 against a median of 1.38. Profitability: percentile 82 against peers, operating margin 9.3% against a median of 4.5%.

No area is clearly below its peers.

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

ERLING OLSEN AS had an operating margin of 9.3% and an equity ratio of 41.4% in 2025, and ranks 2,827 of 20,439 in Bygg og anlegg.

From 2024 to 2025: the operating margin rose from 2.8% to 9.3% and the equity ratio rose from 25.7% to 41.4%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 11 MNOK and 56 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 5.2 MNOK 10.0 52 MNOK
EV/EBIT Operating profit: 7.1 MNOK
minus net debt 1.2 MNOK
8.0 56 MNOK
P/B Equity: 11.2 MNOK 1.0 11 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

No rules were triggered for this year.

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

Financial costs were 3.1% 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.

Data quality

No anomalies found in the figures.

Stress test · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability82 weight 30%
Solidity73 weight 25%
Liquidity84 weight 15%
Growth57 weight 15%
Consistency44 weight 15%

Durability: 40 (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 ERLING OLSEN AS?

The operating margin was 9.3% in 2025, against a median of 4.5% among companies in the Morning class Medium in the same sector. Return on assets was 26.4%.

How solid is ERLING OLSEN AS?

The equity ratio was 41.4% in 2025 (median 30.4%). Debt-to-equity was 1.41 (median 2.23).

What is the liquidity of ERLING OLSEN AS like?

The current ratio was 1.95 in 2025 (median 1.38).

How does ERLING OLSEN AS compare in Bygg og anlegg?

ERLING OLSEN AS ranks 2,827 of 20,439 in Bygg og anlegg for 2025. Among companies in the Morning class Medium it is number 223 of 1,765. Revenue changed by 10.9% from the year before.

Public contracts

Contracts awarded since 2024
1
Total awarded value since 2024
value not stated
Framework agreements
1
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
6 October 2026 OFA IKS Rammeavtale håndverkertjenester - Rørlegger (Ny utlysning) 9.0 MNOK (framework) 43000000
11 June 2022 Risør kommune Rammeavtaler håndverkertjenester 11.2 MNOK (framework) 50000000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
955675932
Legal form
AS
Sector
Bygg og anlegg (43.221)
Morning company class
Medium
Employees
35 registered 10 October 2026
Founded
30 December 1989 36 years in operation
Share capital
1.10 MNOK
Business address
Industriveien, 4900 TVEDESTRAND
Municipality
Tvedestrand rank 23–36 of 40 in KOSTRA group 1
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
Steffen Hestad Olsen
Chair of the board
Roy Sætre
Board member
Marcus Virik
Deputy member
Trym Berggren Bakken
Auditor
AGDER-TEAM REVISJON AS
Accountant
TVEDESTRAND REGNSKAPSBYRÅ 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 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index64370
Rank17,73512,6282,827
Operating margin−8.7%2.8%9.3%
Return on assets−26.8%7.6%26.4%
Equity ratio2.1%25.7%41.4%
Current ratio1.071.471.95
Revenue growth–4.8%10.9%

Accounts

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

Key figure202320242025
Operating revenue66.0 MNOK69.2 MNOK76.7 MNOK
Operating profit−5.8 MNOK1.9 MNOK7.1 MNOK
Profit before tax−6.3 MNOK1.4 MNOK6.6 MNOK
Net profit−5.0 MNOK1.1 MNOK5.2 MNOK
Financial expenses0.6 MNOK0.7 MNOK0.5 MNOK
Total assets21.4 MNOK27.8 MNOK27.1 MNOK
Current assets19.5 MNOK26.3 MNOK26.5 MNOK
Equity0.5 MNOK7.1 MNOK11.2 MNOK
Retained earnings0.4 MNOK1.5 MNOK5.6 MNOK
Total liabilities21.0 MNOK20.7 MNOK15.8 MNOK
Current liabilities18.2 MNOK17.9 MNOK13.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6348241.

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