IKM TESTING AS
Score · fiscal year 2025
59of 100
How to read this: the company is ahead of 67 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 31 of 91 · What are Morning company classes?
Place in the whole sector: 104 of 320 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 61 and solidity 69 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
IKM TESTING AS is 10 points above the median for companies in the Morning class Large in the same sector in 2025.
Median score 49 among 91 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 10.5% (median 10.5%) and equity ratio 35.5% (median 23.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1,935 MNOK | 2,011 MNOK |
| Operating margin | 10.5% | 10.5% |
| Profit margin | 13.5% | 7.8% |
| Return on assets | 21.3% | 13.5% |
| Equity ratio | 35.5% | 23.1% |
| Debt-to-equity | 1.82 | 3.01 |
| Current ratio | 1.30 | 1.15 |
| Revenue growth | −3.3% | 6.5% |
| Revenue per employee | 1.92 MNOK | 6.50 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 59, IKM TESTING AS does better than 67% of companies in the Morning class Large in the same sector (91 companies) in 2025.
Score 2023–2025
- IKM TESTING AS
- Median: companies in the Morning class Large in the same sector
IKM TESTING AS has a score of 59 for 2025, rank 104 of 320 in the sector.
Strongest: Solidity: percentile 69 against peers, equity ratio 35.5% against a median of 23.1%. Consistency: percentile 65 against peers.
Weakest: Growth: percentile 30 against peers, revenue growth −3.3% against a median of 6.5%.
Worth a closer look
- What lies behind weak growth, 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
IKM TESTING AS had an operating margin of 10.5% and an equity ratio of 35.5% in 2025, and ranks 104 of 320 in Olje og gass.
From 2024 to 2025: the operating margin fell from 14.8% to 10.5% and the equity ratio rose from 29.4% to 35.5%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 455 MNOK and 2,154 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2,154 MNOK |
| EV/EBIT | 8.0 | 1,480 MNOK |
| P/B | 1.0 | 455 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
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 1.3% 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.
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 1.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 61 | weight 30% |
|---|---|---|
| Solidity | 69 | weight 25% |
| Liquidity | 63 | weight 15% |
| Growth | 30 | weight 15% |
| Consistency | 65 | weight 15% |
Durability: 61 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is IKM TESTING AS?
The operating margin was 10.5% in 2025, against a median of 10.5% among companies in the Morning class Large in the same sector. Return on assets was 21.3%.
How solid is IKM TESTING AS?
The equity ratio was 35.5% in 2025 (median 23.1%). Debt-to-equity was 1.82 (median 3.01).
What is the liquidity of IKM TESTING AS like?
The current ratio was 1.30 in 2025 (median 1.15).
How does IKM TESTING AS compare in Olje og gass?
IKM TESTING AS ranks 104 of 320 in Olje og gass for 2025. Among companies in the Morning class Large it is number 31 of 91. Revenue changed by −3.3% from the year before.
Group accounts · 2025
62 of 100
Rank 13 of 31 groups in the Morning class Large in Olje og gass. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 2,996 MNOK
- Operating profit, group
- 334 MNOK
- Profit before tax, group
- 344 MNOK
- Total assets, group
- 1,892 MNOK
- Equity, group
- 899 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | 11.1% | 10.5% |
| Return on assets | 18.9% | 21.3% |
| Equity ratio | 47.5% | 35.5% |
| Current ratio | 1.73 | 1.30 |
| Revenue growth | 2.4% | −3.3% |
Group index in earlier years: 2023: 73 (4 of 33), 2024: 64 (10 of 34).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
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.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 964381224
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.109)
- Morning company class
- Large
- Employees
- 1,006 registered 10 October 2026
- Founded
- 25 May 1992 34 years in operation
- Share capital
- 0.25 MNOK
- Business address
- Ljosheimvegen 14, 4051 SOLA
- Municipality
- Sola rank 2 of 27 in KOSTRA group 9
- 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
- Vidar Haugland
- Chair of the board
- Ståle Kyllingstad
- Board member
- Erling Meinich-Bache
- Board member
- Kristina Braut Kyllingstad
- Auditor
- DELOITTE 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 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 64 | 61 | 59 | |
| Rank | 83 | 93 | 104 | |
| Operating margin | 14.3% | 14.8% | 10.5% | |
| Return on assets | 23.3% | 25.7% | 21.3% | |
| Equity ratio | 32.3% | 29.4% | 35.5% | |
| Current ratio | 1.18 | 1.22 | 1.30 | |
| Revenue growth | – | 13.3% | −3.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1,767.0 MNOK | 2,002.3 MNOK | 1,935.3 MNOK |
| Operating profit | 252.5 MNOK | 296.3 MNOK | 203.8 MNOK |
| Profit before tax | 257.5 MNOK | 373.2 MNOK | 261.5 MNOK |
| Net profit | 202.4 MNOK | 306.2 MNOK | 215.4 MNOK |
| Financial expenses | 12.9 MNOK | 10.8 MNOK | 11.0 MNOK |
| Total assets | 1,158.0 MNOK | 1,492.0 MNOK | 1,280.6 MNOK |
| Current assets | 767.5 MNOK | 1,100.7 MNOK | 874.7 MNOK |
| Equity | 374.5 MNOK | 439.2 MNOK | 454.6 MNOK |
| Retained earnings | – | – | – |
| Total liabilities | 783.4 MNOK | 1,052.9 MNOK | 826.0 MNOK |
| Current liabilities | 649.8 MNOK | 901.5 MNOK | 674.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7155735.
Further
Similar companies
- INTERWELL NORWAY AS index 60, rank 93 · compare
- ODFJELL INVEST AS index 60, rank 94 · compare
- BILFINGER ISP OFFSHORE NORWAY AS index 60, rank 97 · compare
- DOF SUBSEA REDERI AS index 60, rank 98 · compare
- SUBSEA 7 NORWAY AS index 60, rank 100 · compare