Eirik Asp AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Key facts
Is the company run well?
Five key figures against companies in the Morning class Medium in the same sector. Green is better than most, amber about like the industry and red weaker than most.
- Profitability · operating margin 13.7% About like the industry Industry: 15.9%
- Returns · return on assets 13.8% Better than the industry Industry: 7.4%
- Solidity · equity ratio 20.3% About like the industry Industry: 26.2%
- Liquidity · current ratio 14.60 Better than the industry Industry: 1.33
The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology
Score · fiscal year 2023
58of 100
How to read this: the company is ahead of 63 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?
Rank in the Morning class Medium: 369 of 1,006 · What are Morning company classes?
Place in the whole sector: 9,448 of 27,046 · Eiendom
Profile
Lion · Leader
High profitability, high resilience
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 60 and resilience 56 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology
Against the sector
Eirik Asp AS is 7 points above the median for companies in the Morning class Medium in the same sector in 2023.
Median score 51 among 1,006 companies.
Against companies in the Morning class Medium in the same sector in 2023: operating margin 13.7% (median 15.9%) and equity ratio 20.3% (median 26.2%).
How it has gone · 2023–2025
Revenue fell by 54 % from 2023 to 2025, to 65.8 MNOK. The operating margin fell from 13.7% in 2023 to 10.5% in 2025. The equity ratio rose from 20.3% in 2023 to 26.6% in 2025.
Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year
Accounts in short
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 142.4 MNOK | 19.5 MNOK | 65.8 MNOK |
| Operating profit | 19.5 MNOK | 3.8 MNOK | 6.9 MNOK |
| Net profit | 11.7 MNOK | 0.1 MNOK | 15.0 MNOK |
| Total assets | 141.8 MNOK | 207.4 MNOK | 165.2 MNOK |
| Equity | 28.9 MNOK | 29.0 MNOK | 44.0 MNOK |
| Total liabilities | 113.0 MNOK | 178.4 MNOK | 121.2 MNOK |
From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year
From the Central Coordinating Register
- Org. no.
- 975795357
- Legal form
- AS
- Sector
- Eiendom (68.120)
- Purpose
- Næring innenfor handel, import og fast eiendom.
- Morning company class
- Medium
- Employees
- 0–4 (not registered) Payroll costs in the accounts: 1.0 MNOK (2023).
- Founded
- 5 October 1995 31 years in operation
- Share capital
- 0.10 MNOK
- Business address
- P. T. Mallings vei 42B, 0286 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- VAT registered
- Yes
- Former names
- Eirik og Lene Asp AS until 2003
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
Worth a closer look
- watch
Receivables equal far more days of revenue than at comparable companies. Do customers pay late, or are these loans to companies in the same group?
Based on: Receivable days 357 days (median 72 days).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.6% 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 15.2%. 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 | 60 | weight 40% |
|---|---|---|
| Solidity | 41 | weight 20% |
| Liquidity | 94 | weight 5% |
| Growth | – | no data, left out |
| Consistency | 67 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Index version 3. Data completeness 75%: the share of the weights that had data.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 142 MNOK | 84 MNOK |
| Operating margin | 13.7% | 15.9% |
| Profit margin | 10.1% | 12.6% |
| Return on assets | 13.8% | 7.4% |
| Equity ratio | 20.3% | 26.2% |
| Debt-to-equity | 3.91 | 2.65 |
| Current ratio | 14.60 | 1.33 |
| Revenue growth | – | 15.7% |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 58, Eirik Asp AS does better than 63% of companies in the Morning class Medium in the same sector (1,006 companies) in 2023.
Score 2023–2025
- Eirik Asp AS
- Median: companies in the Morning class Medium in the same sector
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
357 days | 72 days | |
| Inventory and other current assets, days Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue. |
1 days | 4 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
91.1% | 4.7% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
1.5% | 8.4% | |
| Debt and interest burden | |||
| Interest coverage (times) Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt. |
3.7 | 3.3 | |
| Financial costs as a share of debt All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate. |
4.6% | 3.0% | |
| Long-term share of debt Long-term debt as a share of all debt. A low share means more falls due within a year. |
91.4% | 38.7% | |
Net working capital (current assets less bank deposits less current liabilities): 129.8 MNOK.
The median and the bar refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.
What the numbers say
Eirik Asp AS had an operating margin of 13.7% and an equity ratio of 20.3% in 2023, and ranks 9,448 of 27,046 in Eiendom.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 18 MNOK and 119 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 11.3 | 90 MNOK |
| EV/EBIT | 16.6 | 119 MNOK |
| P/B | 0.9 | 18 MNOK |
| EV/EBIT: from enterprise value to equity | NOK |
|---|---|
| Enterprise value (EV) at the listed multiple | 324 MNOK |
| Enterprise value after the size adjustment | 220 MNOK |
| Less net debt (rough figure) | 101 MNOK |
| Equity value | 119 MNOK |
Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt. Net debt is 46% of the enterprise value after the size adjustment, so the equity value from EV/EBIT is sensitive to errors in the debt figure.
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 3% on the cost of equity gives a value 32% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The multiples are from the listed industry that matches the NACE code (68.1): Real Estate (Development).
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Questions and answers
How profitable is Eirik Asp AS?
The operating margin was 13.7% in 2023, against a median of 15.9% among companies in the Morning class Medium in the same sector. Return on assets was 13.8%.
How solid is Eirik Asp AS?
The equity ratio was 20.3% in 2023 (median 26.2%). Debt-to-equity was 3.91 (median 2.65).
What is the liquidity of Eirik Asp AS like?
The current ratio was 14.60 in 2023 (median 1.33).
How does Eirik Asp AS compare in Eiendom?
Eirik Asp AS ranks 9,448 of 27,046 in Eiendom for 2023. Among companies in the Morning class Medium it is number 369 of 1,006.
Group structure · 2025
2 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
Private persons own 100% of the shares in Eirik Asp AS. Persons are not shown by name.
Eirik Asp AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.
The group in figures
- Sectors
- Eiendom (2 companies) 2 of 2 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
-
Eirik Asp AS you are here
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.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 7 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
- Ultimate owner: private person
Change 2007–2025: no material change in the owners.
Majority owner of: Myrerveien 31 AS (100%)
The portfolio: 3 of the companies it owns shares in have accounts with us, 1 of them as majority owner. The average index is 37. 0 have negative equity and 0 made a loss in the latest year.
Holds shares in: Kera Eiendom AS (50%), Myrerveien 31 AS (100%), E-Eiendom AS (50%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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.
Is this your company? Suggest changes or add information
Figures last fetched 9 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 58 | 35 | 53 | |
| Rank | 9,448 | 23,069 | 13,226 | |
| Operating margin | 13.7% | 19.5% | 10.5% | |
| Return on assets | 13.8% | 3.8% | 10.8% | |
| Equity ratio | 20.3% | 14.0% | 26.6% | |
| Current ratio | 14.60 | 2.52 | 10.13 | |
| Revenue growth | – | −86.3% | 238.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 142.4 MNOK | 19.5 MNOK | 65.8 MNOK |
| Operating profit | 19.5 MNOK | 3.8 MNOK | 6.9 MNOK |
| Profit before tax | 14.4 MNOK | 0.2 MNOK | 17.8 MNOK |
| Tax expense | 2.6 MNOK | 0.0 MNOK | 2.8 MNOK |
| Net profit | 11.7 MNOK | 0.1 MNOK | 15.0 MNOK |
| Financial expenses | 5.2 MNOK | 7.7 MNOK | – |
| Total assets | 141.8 MNOK | 207.4 MNOK | 165.2 MNOK |
| Current assets | 141.6 MNOK | 207.1 MNOK | 144.9 MNOK |
| Equity | 28.9 MNOK | 29.0 MNOK | 44.0 MNOK |
| Retained earnings | 28.8 MNOK | 28.9 MNOK | 43.9 MNOK |
| Total liabilities | 113.0 MNOK | 178.4 MNOK | 121.2 MNOK |
| Current liabilities | 9.7 MNOK | 82.1 MNOK | 14.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 5398025.
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