EASTERN NORGE SVARTISEN AS
Score · fiscal year 2025
52of 100
How to read this: the company is ahead of 56 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 484 of 1,107 · 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 48 and solidity 74 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
EASTERN NORGE SVARTISEN AS is 3 points above the median for medium-sized companies in the same sector in 2025.
Median score 49 among 152 companies.
Against medium-sized companies in the same sector in 2025: operating margin 21.6% (median 17.1%) and equity ratio 63.7% (median 41.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 162 MNOK | 198 MNOK |
| Operating margin | 21.6% | 17.1% |
| Profit margin | 12.8% | 13.9% |
| Return on assets | 3.3% | 5.3% |
| Equity ratio | 63.7% | 41.1% |
| Debt-to-equity | 0.57 | 1.33 |
| Current ratio | 1.79 | 1.25 |
| Revenue growth | −22.6% | 6.2% |
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 52, EASTERN NORGE SVARTISEN AS does better than 56% of medium-sized companies in the same sector (152 companies) in 2025.
Score 2023–2025
- EASTERN NORGE SVARTISEN AS
- Median: medium-sized companies in the same sector
EASTERN NORGE SVARTISEN AS has a score of 52 for 2025, rank 484 of 1,107 in the sector.
Strongest: Solidity: percentile 74 against peers, equity ratio 63.7% against a median of 41.1%. Liquidity: percentile 67 against peers, current ratio 1.79 against a median of 1.25.
Weakest: Growth: percentile 6 against peers, revenue growth −22.6% against a median of 6.2%.
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
EASTERN NORGE SVARTISEN AS had an operating margin of 21.6% and an equity ratio of 63.7% in 2025, and ranks 484 of 1,107 in Kraft og energi.
From 2024 to 2025: the operating margin fell from 42.2% to 21.6% and revenue fell by 23%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 36 MEUR and 68 MEUR.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 36 MEUR |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 68 MEUR |
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.
Data quality
- watch Reports in a currency other than NOK
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 0.3%. 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 | 48 | weight 30% |
|---|---|---|
| Solidity | 74 | weight 25% |
| Liquidity | 67 | weight 15% |
| Growth | 6 | weight 15% |
| Consistency | 53 | weight 15% |
Durability: 57 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is EASTERN NORGE SVARTISEN AS?
The operating margin was 21.6% in 2025, against a median of 17.1% among medium-sized companies in the same sector. Return on assets was 3.3%.
How solid is EASTERN NORGE SVARTISEN AS?
The equity ratio was 63.7% in 2025 (median 41.1%). Debt-to-equity was 0.57 (median 1.33).
What is the liquidity of EASTERN NORGE SVARTISEN AS like?
The current ratio was 1.79 in 2025 (median 1.25).
How does EASTERN NORGE SVARTISEN AS compare in Kraft og energi?
EASTERN NORGE SVARTISEN AS ranks 484 of 1,107 in Kraft og energi for 2025. Among companies of the same size (medium-sized companies) it ranks 68 of 152. Revenue changed by −22.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 980251160
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 12 October 1998 28 years in operation
- Share capital
- 200.00 MNOK
- Business address
- c/o Nordlandskraft AS, Prinsens gate 100, 8005 BODØ
- Municipality
- Bodø rank 4–10 of 10 in KOSTRA group 11
- 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
- Riku Tapani Kananen
- Chair of the board
- Jukka Ilmari Toivonen
- Board member
- Timo Kalevi Honkanen
- Deputy member
- Tommi Sakari Kantola
- Auditor
- ERNST & YOUNG AS
- Accountant
- AIDER AS
- Accountant
- ECHAS REVISJON AS
Source: Central Coordinating Register, fetched 25 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 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 57 | 62 | 52 | |
| Rank | 307 | 207 | 484 | |
| Operating margin | 55.3% | 42.2% | 21.6% | |
| Return on assets | 10.7% | 7.3% | 3.3% | |
| Equity ratio | 53.4% | 62.7% | 63.7% | |
| Current ratio | 1.02 | 0.92 | 1.79 | |
| Revenue growth | – | −19.8% | −22.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (EUR). Revenue in NOK is converted from EUR at the mean rate for the accounting period 1 January 2025–31 December 2025: 11.7177 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in EUR. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 22.2 MEUR | 17.8 MEUR | 13.8 MEUR |
| Operating profit | 12.3 MEUR | 7.5 MEUR | 3.0 MEUR |
| Profit before tax | 11.3 MEUR | 6.1 MEUR | 1.8 MEUR |
| Net profit | 4.1 MEUR | 2.7 MEUR | 3.6 MEUR |
| Financial expenses | 1.8 MEUR | 1.6 MEUR | 1.7 MEUR |
| Total assets | 122.0 MEUR | 105.4 MEUR | 107.5 MEUR |
| Current assets | 19.2 MEUR | 6.1 MEUR | 10.5 MEUR |
| Equity | 65.2 MEUR | 66.1 MEUR | 68.5 MEUR |
| Retained earnings | 0.2 MEUR | 1.1 MEUR | 3.5 MEUR |
| Total liabilities | 56.8 MEUR | 39.4 MEUR | 39.0 MEUR |
| Current liabilities | 18.8 MEUR | 6.6 MEUR | 5.9 MEUR |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6677250.
Further
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