IKM TESTING AS
Score · fiscal year 2023
64of 100
How to read this: the company is ahead of 73 % of companies in the Morning class Large in the same sector in 2023. What does this mean?
Rank in the Morning class Large: 27 of 98 · What are Morning company classes?
Place in the whole sector: 83 of 326 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 63 and solidity 64 out of 100 among companies in the Morning class Large in the same sector in 2023. Methodology
Against the sector
IKM TESTING AS is 14 points above the median for companies in the Morning class Large in the same sector in 2023.
Median score 50 among 98 companies.
Against companies in the Morning class Large in the same sector in 2023: operating margin 14.3% (median 9.7%) and equity ratio 32.3% (median 21.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1,767 MNOK | 1,743 MNOK |
| Operating margin | 14.3% | 9.7% |
| Profit margin | 14.6% | 10.3% |
| Return on assets | 23.3% | 15.3% |
| Equity ratio | 32.3% | 21.4% |
| Debt-to-equity | 2.09 | 3.25 |
| Current ratio | 1.18 | 1.07 |
| Revenue growth | – | 12.6% |
| Revenue per employee | 1.76 MNOK | 4.80 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 64, IKM TESTING AS does better than 73% of companies in the Morning class Large in the same sector (98 companies) in 2023.
Score 2023–2025
- IKM TESTING AS
- Median: companies in the Morning class Large in the same sector
What the numbers say
IKM TESTING AS had an operating margin of 14.3% and an equity ratio of 32.3% in 2023, and ranks 83 of 326 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 375 MNOK and 2,024 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2,024 MNOK |
| EV/EBIT | 8.0 | 1,887 MNOK |
| P/B | 1.0 | 375 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 1.6% 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.
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 | 63 | weight 30% |
|---|---|---|
| Solidity | 64 | weight 25% |
| Liquidity | 66 | weight 15% |
| Growth | – | no data, left out |
| Consistency | – | no data, left out |
Index version 2. Data completeness 70%: the share of the weights that had data.
Questions and answers
How profitable is IKM TESTING AS?
The operating margin was 14.3% in 2023, against a median of 9.7% among companies in the Morning class Large in the same sector. Return on assets was 23.3%.
How solid is IKM TESTING AS?
The equity ratio was 32.3% in 2023 (median 21.4%). Debt-to-equity was 2.09 (median 3.25).
What is the liquidity of IKM TESTING AS like?
The current ratio was 1.18 in 2023 (median 1.07).
How does IKM TESTING AS compare in Olje og gass?
IKM TESTING AS ranks 83 of 326 in Olje og gass for 2023. Among companies in the Morning class Large it is number 27 of 98.
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 (2023) |
|---|---|---|
| Operating margin | 11.1% | – |
| Return on assets | 18.9% | – |
| Equity ratio | 47.5% | – |
| Current ratio | 1.73 | – |
| Revenue growth | 2.4% | – |
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 5361791.
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