Smurfit Westrock Norge AS
Score · fiscal year 2025
63of 100
How to read this: the company is ahead of 78 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 71 of 313 · What are Morning company classes?
Place in the whole sector: 719 of 2,720 · Industri
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 41 and solidity 95 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
Smurfit Westrock Norge AS is 14 points above the median for companies in the Morning class Large in the same sector in 2025.
Median score 49 among 313 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 4.5% (median 6.2%) and equity ratio 73.4% (median 33.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 704 MNOK | 1,143 MNOK |
| Operating margin | 4.5% | 6.2% |
| Profit margin | 5.0% | 6.5% |
| Return on assets | 9.8% | 11.4% |
| Equity ratio | 73.4% | 33.2% |
| Debt-to-equity | 0.36 | 1.99 |
| Current ratio | 2.17 | 1.31 |
| Revenue growth | 2.2% | 7.2% |
| Revenue per employee | 4.19 MNOK | 6.01 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 63, Smurfit Westrock Norge AS does better than 78% of companies in the Morning class Large in the same sector (313 companies) in 2025.
Score 2023–2025
- Smurfit Westrock Norge AS
- Median: companies in the Morning class Large in the same sector
Smurfit Westrock Norge AS has a score of 63 for 2025, rank 719 of 2,720 in the sector.
Strongest: Solidity: percentile 95 against peers, equity ratio 73.4% against a median of 33.2%. Liquidity: percentile 85 against peers, current ratio 2.17 against a median of 1.31.
Weakest: Growth: percentile 35 against peers, revenue growth 2.2% against a median of 7.2%.
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
Smurfit Westrock Norge AS had an operating margin of 4.5% and an equity ratio of 73.4% in 2025, and ranks 719 of 2,720 in Industri.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 259 MNOK and 277 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 272 MNOK |
| EV/EBIT | 8.0 | 259 MNOK |
| P/B | 1.0 | 277 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 2.1% 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.
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 0.0%. 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 | 41 | weight 30% |
|---|---|---|
| Solidity | 95 | weight 25% |
| Liquidity | 85 | weight 15% |
| Growth | 35 | weight 15% |
| Consistency | 59 | weight 15% |
Durability: 62 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Smurfit Westrock Norge AS?
The operating margin was 4.5% in 2025, against a median of 6.2% among companies in the Morning class Large in the same sector. Return on assets was 9.8%.
How solid is Smurfit Westrock Norge AS?
The equity ratio was 73.4% in 2025 (median 33.2%). Debt-to-equity was 0.36 (median 1.99).
What is the liquidity of Smurfit Westrock Norge AS like?
The current ratio was 2.17 in 2025 (median 1.31).
How does Smurfit Westrock Norge AS compare in Industri?
Smurfit Westrock Norge AS ranks 719 of 2,720 in Industri for 2025. Among companies in the Morning class Large it is number 71 of 313. Revenue changed by 2.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 980869814
- Legal form
- AS
- Sector
- Industri (17.210)
- Morning company class
- Large
- Employees
- 168 registered 10 September 2026
- Founded
- 14 June 1999 27 years in operation
- Share capital
- 165.10 MNOK
- Business address
- Hensmoveien 31, 3516 HØNEFOSS (RINGERIKE)
- Municipality
- Ringerike rank 6–11 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- LEI
- 635400PWBXTHYB96TG74 not renewed (lapsed)
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 31 October 2026. Only names are shown.
- Parent company
- Parent does not consolidate the company
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 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.
Figures last fetched 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 64 | 60 | 63 | |
| Rank | 751 | 828 | 719 | |
| Operating margin | 7.8% | 3.4% | 4.5% | |
| Return on assets | 20.0% | 9.4% | 9.8% | |
| Equity ratio | 65.2% | 72.5% | 73.4% | |
| Current ratio | 1.51 | 1.91 | 2.17 | |
| Revenue growth | – | −3.0% | 2.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 709.9 MNOK | 689.0 MNOK | 704.4 MNOK |
| Operating profit | 55.2 MNOK | 23.2 MNOK | 31.7 MNOK |
| Profit before tax | 56.4 MNOK | 26.2 MNOK | 34.9 MNOK |
| Net profit | 56.4 MNOK | 39.8 MNOK | 27.2 MNOK |
| Financial expenses | 8.0 MNOK | 6.1 MNOK | 2.1 MNOK |
| Total assets | 321.9 MNOK | 344.4 MNOK | 377.5 MNOK |
| Current assets | 169.3 MNOK | 180.3 MNOK | 218.6 MNOK |
| Equity | 209.9 MNOK | 249.8 MNOK | 276.9 MNOK |
| Retained earnings | −10.6 MNOK | 29.2 MNOK | 56.4 MNOK |
| Total liabilities | 111.9 MNOK | 94.6 MNOK | 100.6 MNOK |
| Current liabilities | 111.9 MNOK | 94.6 MNOK | 100.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6965250.
Further
Similar companies
- Palfinger Marine Norway AS index 63, rank 717 · compare
- Jæder AS index 63, rank 721 · compare
- Framo Services AS index 63, rank 722 · compare
- Nordfjord Kjøtt AS index 63, rank 723 · compare
- Moelven Våler AS index 63, rank 724 · compare