ØDEGAARD ENGROS AS

Org. no. 976485750 · ÅLESUND · Founded 1996 · 106 employees

Score · fiscal year 2025

58of 100

How to read this: the company is ahead of 68 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 13,139 of 38,670 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 62 and solidity 62 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

ØDEGAARD ENGROS AS is 9 points above the median for medium-sized companies in the same sector in 2025.

Median score 49 among 2,198 companies.

Against medium-sized companies in the same sector in 2025: operating margin 4.4% (median 3.2%) and equity ratio 41.0% (median 32.6%).

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 revenue566 MNOK173 MNOK
Operating margin 4.4% 3.2% 64 %
Profit margin 4.4% 3.2% shown, not part of the index
Return on assets 14.1% 11.6% 59 %
Equity ratio 41.0% 32.6% 62 %
Debt-to-equity 1.44 2.03 61 %
Current ratio 1.68 1.38 65 %
Revenue growth 3.5% 6.8% 38 %
Revenue per employee5.34 MNOK6.45 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 58, ØDEGAARD ENGROS AS does better than 68% of medium-sized companies in the same sector (2,203 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ØDEGAARD ENGROS AS
  • Median: medium-sized companies in the same sector
Summary analysis

ØDEGAARD ENGROS AS has a score of 58 for 2025, rank 13,139 of 38,670 in the sector.

Strongest: Liquidity: percentile 65 against peers, current ratio 1.68 against a median of 1.38. Solidity: percentile 62 against peers, equity ratio 41.0% against a median of 32.6%.

Weakest: Growth: percentile 38 against peers, revenue growth 3.5% against a median of 6.8%.

Worth a closer look

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

ØDEGAARD ENGROS AS had an operating margin of 4.4% and an equity ratio of 41.0% in 2025, and ranks 13,139 of 38,670 in Handel.

From 2024 to 2025: the operating margin fell from 6.9% to 4.4%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 78 MNOK and 195 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 19.5 MNOK 10.0 195 MNOK
EV/EBIT Operating profit: 25.2 MNOK
minus net debt 7.5 MNOK
8.0 194 MNOK
P/B Equity: 77.8 MNOK 1.0 78 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 1.6% 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 · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability62 weight 30%
Solidity62 weight 25%
Liquidity65 weight 15%
Growth38 weight 15%
Consistency57 weight 15%

Durability: 64 (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 ØDEGAARD ENGROS AS?

The operating margin was 4.4% in 2025, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 14.1%.

How solid is ØDEGAARD ENGROS AS?

The equity ratio was 41.0% in 2025 (median 32.6%). Debt-to-equity was 1.44 (median 2.03).

What is the liquidity of ØDEGAARD ENGROS AS like?

The current ratio was 1.68 in 2025 (median 1.38).

How does ØDEGAARD ENGROS AS compare in Handel?

ØDEGAARD ENGROS AS ranks 13,139 of 38,670 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 705 of 2,203. Revenue changed by 3.5% from the year before.

Public contracts

Contracts awarded since 2024
11
in 5 notices (lots counted separately)
Total awarded value since 2024
1.6 MNOK
Framework agreements
10
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
20 July 2026 Verdal Kommune Rammeavtale for renholdsmaskiner inkl. service og vedlikehold 1.6 MNOK 39710000
1 April 2026 Orkland Kommune 26/00037 Åpen anbudskonkurranse for anskaffelse av Medisinsk forbruktsmateriell 14.0 MNOK (framework) 33140000
31 October 2025 Ålesund kommune Anskaffelse - Medisinske forbruksvarer, bleier og inkontinensprodukter, 2025 27.3 MNOK (framework) 33711500
14 April 2025 Møre og Romsdal Fylkeskommune 2025-012 Forbruksvarer til renhold, drift og kjøkken 9.8 MNOK (framework) 18100000
13 May 2024 SYKEHUSINNKJØP HF Operasjonsbekledning, avdelingsbekledning, pasient og besøksbekledning, hijab og coloskopibukse til foretakene i Helse Midt-Norge og Helse Nord value not stated (7 lots) 33140000
24 November 2023 Ålesund kommune Rammeavtale - Forbruksvarer (inkl. cateringprodukt) 2023 (3) 17.8 MNOK 31000000
26 October 2023 Ålesund kommune Anskaffelse - Bleier og inkontinensprodukter, 2023 21.0 MNOK 33000000
2 January 2023 NTNU Rammeavtale Renholdsmaskiner 6.8 MNOK 39710000
1 October 2021 Gloppen kommune Tinging av rammeavtale på reinhaldsartiklar 4.8 MNOK (framework) 39830000
8 June 2021 Ålesund kommune Anskaffelse - Medisinske forbruksvarer, 2021 70.0 MNOK 33140000

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 28 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.
976485750
Legal form
AS
Sector
Handel (46.490)
Size tier
medium
Employees
106 registered 10 October 2026
Founded
29 April 1996 30 years in operation
Share capital
7.74 MNOK
Business address
Olevågvegen 18, 6013 ÅLESUND
Municipality
Ålesund rank 2–6 of 10 in KOSTRA group 11
Latest accounts filed
2025
Website
www.norengros.com

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
Erik Røste
Chair of the board
Johannes Olsen Berger
Auditor
BDO 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.

Report an issue

Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index686558
Rank7,0397,86213,139
Operating margin8.0%6.9%4.4%
Return on assets23.5%20.5%14.1%
Equity ratio39.1%40.4%41.0%
Current ratio1.531.801.68
Revenue growth–4.2%3.5%

Accounts

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

Key figure202320242025
Operating revenue524.9 MNOK547.2 MNOK566.2 MNOK
Operating profit42.0 MNOK38.0 MNOK25.2 MNOK
Profit before tax42.0 MNOK38.8 MNOK25.0 MNOK
Net profit32.7 MNOK30.2 MNOK19.5 MNOK
Financial expenses1.9 MNOK0.9 MNOK1.8 MNOK
Total assets186.9 MNOK194.0 MNOK189.9 MNOK
Current assets174.8 MNOK175.0 MNOK170.6 MNOK
Equity73.1 MNOK78.3 MNOK77.8 MNOK
Retained earnings59.1 MNOK64.3 MNOK63.8 MNOK
Total liabilities113.9 MNOK115.7 MNOK112.1 MNOK
Current liabilities113.9 MNOK97.3 MNOK101.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7152095.

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