Ringerikskraft AS

Org. no. 976957628 · Ringerike · Founded 1996 · 21 employees

Score · fiscal year 2025

41of 100

How to read this: the company is ahead of 27 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 142 of 194 · What are Morning company classes?
Place in the whole sector: 590 of 865 · Kraft og energi

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 27 and solidity 50 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

Ringerikskraft AS is 9 points below the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 194 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin −8.8% (median 13.2%) and equity ratio 43.9% (median 43.6%).

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 revenue62 MNOK131 MNOK
Operating margin −8.8% 13.2% 19 %
Profit margin 34.3% 12.6% shown, not part of the index
Return on assets 4.3% 6.0% 35 %
Equity ratio 43.9% 43.6% 51 %
Debt-to-equity 1.28 1.26 50 %
Current ratio 0.24 1.14 9 %
Revenue growth 15.2% 5.7% 75 %
Revenue per employee2.97 MNOK4.95 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 41, Ringerikskraft AS does better than 27% of companies in the Morning class Medium in the same sector (194 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025The shaded year is the sector's weakest year, used by the stress test.
  • Ringerikskraft AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

Ringerikskraft AS has a score of 41 for 2025, rank 590 of 865 in the sector.

Strongest: Growth: percentile 75 against peers, revenue growth 15.2% against a median of 5.7%.

Weakest: Liquidity: percentile 9 against peers, current ratio 0.24 against a median of 1.14. Profitability: percentile 27 against peers, operating margin −8.8% against a median of 13.2%.

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

Ringerikskraft AS had an operating margin of −8.8% and an equity ratio of 43.9% in 2025, and ranks 590 of 865 in Kraft og energi.

From 2024 to 2025: the operating margin rose from −33.9% to −8.8% and revenue grew by 15%.

Ringerikskraft AS did about the same as the sector in 2025, the sector's weakest year.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 204 MNOK and 753 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 20.4 MNOK 10.0 204 MNOK
EV/EBIT Operating profit: −5.5 MNOK 8.0 not meaningful
P/B Equity: 753.0 MNOK 1.0 753 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

  • critical

    Consider strengthening liquidity: current liabilities are 4.1 times current assets.

    Based on: Current ratio 0.24 (median 1.14).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −8.8% (median 13.2%).

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

Financial costs were 5.5% 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.

Stress test · 2025

Scenario analysis: the sector's weakest year

The operating margin was −8.8% in 2025 (sector median 16.1%), and the equity ratio 43.9%. In the other years the operating margin averaged −41.7%.

The sector's weakest year was 2025, with a median operating margin of 16.1%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability27 weight 30%
Solidity50 weight 25%
Liquidity9 weight 15%
Growth75 weight 15%
Consistency50 weight 15%

Durability: 39 (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 Ringerikskraft AS?

The operating margin was −8.8% in 2025, against a median of 13.2% among companies in the Morning class Medium in the same sector. Return on assets was 4.3%.

How solid is Ringerikskraft AS?

The equity ratio was 43.9% in 2025 (median 43.6%). Debt-to-equity was 1.28 (median 1.26).

What is the liquidity of Ringerikskraft AS like?

The current ratio was 0.24 in 2025 (median 1.14). Current assets did not cover current liabilities.

How does Ringerikskraft AS compare in Kraft og energi?

Ringerikskraft AS ranks 590 of 865 in Kraft og energi for 2025. Among companies in the Morning class Medium it is number 142 of 194. Revenue changed by 15.2% from the year before.

Group accounts · 2025

60 of 100

Rank 12 of 56 groups in the Morning class Medium in Kraft og energi. Groups are ranked only against other groups in the same sector and class, never against single companies.

Operating revenue, group
402 MNOK
Operating profit, group
138 MNOK
Profit before tax, group
180 MNOK
Total assets, group
1,431 MNOK
Equity, group
792 MNOK
Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2025)
Operating margin34.2% −8.8%
Return on assets15.2% 4.3%
Equity ratio55.3% 43.9%
Current ratio0.50 0.24
Revenue growth−4.3% 15.2%

Group index in earlier years: 2023: 32 (34 of 41), 2024: 55 (26 of 63).

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.
976957628
Legal form
AS · part of a group
Sector
Kraft og energi (35.121)
Morning company class
Medium
Employees
21 registered 10 October 2025
Founded
31 October 1996 30 years in operation
Share capital
157.65 MNOK
Business address
Hvervenmoveien 33, 3511 HØNEFOSS (RINGERIKE)
Municipality
Ringerike rank 6–11 of 13 in KOSTRA group 10
Latest accounts filed
2025
Website
www.ringerikskraft.no
LEI
5493009N522C2HZYR671 renews 2 July 2027

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

Loading roles …

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
Parent does not consolidate the company

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.

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
Index334241
Rank658582590
Operating margin−49.4%−33.9%−8.8%
Return on assets5.8%8.7%4.3%
Equity ratio34.4%41.5%43.9%
Current ratio0.410.360.24
Revenue growth–−3.8%15.2%

Accounts

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

Key figure202320242025
Operating revenue56.4 MNOK54.2 MNOK62.4 MNOK
Operating profit−27.9 MNOK−18.4 MNOK−5.5 MNOK
Profit before tax−25.9 MNOK96.7 MNOK21.4 MNOK
Net profit−26.8 MNOK94.1 MNOK20.4 MNOK
Financial expenses146.2 MNOK65.4 MNOK52.9 MNOK
Total assets2,074.7 MNOK1,855.2 MNOK1,717.0 MNOK
Current assets314.5 MNOK245.6 MNOK161.2 MNOK
Equity713.5 MNOK770.6 MNOK753.0 MNOK
Retained earnings439.5 MNOK496.7 MNOK479.1 MNOK
Total liabilities1,361.2 MNOK1,084.6 MNOK964.0 MNOK
Current liabilities760.1 MNOK682.5 MNOK662.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6715570.