Eek AS

Org. no. 983043569 · Malvik · 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

Employees – Not registered in the Central Coordinating Register
Operating revenue · 2024 2.5 MNOK Micro
Net profit · 2024 0.5 MNOK
Equity · 2024 25.3 MNOK
Founded 2000 25 years in operation
Sector Eiendom 68.120
Quick check · fiscal year 2024

Is the company run well?

Five key figures against companies in the Morning class Micro in the same sector. Green is better than most, amber about like the industry and red weaker than most.

  • Profitability · operating margin 17.6% Weaker than the industry Industry: 46.9%
  • Returns · return on assets 3.9% Weaker than the industry Industry: 7.5%
  • Solidity · equity ratio 97.7% Better than the industry Industry: 27.4%
  • Liquidity · current ratio 22.06 Better than the industry Industry: 1.37
  • Growth · revenue growth 33.6% Better than the industry Industry: 4.9%

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 2024

63of 100

How to read this: the company is ahead of 78 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 5,015 of 22,752 · What are Morning company classes?
Place in the whole sector: 6,164 of 28,612 · Eiendom

Profile

Elephant · Steward

Lower profitability, high resilience

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 26 and resilience 90 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Eek AS is 13 points above the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 22,749 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 17.6% (median 46.9%) and equity ratio 97.7% (median 27.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 9 November 2026Report an issue
Development

How it has gone · 2023–2025

Revenue fell by 35 % from 2023 to 2025, to 1.2 MNOK. The operating margin fell from −7.4% in 2023 to −67.4% in 2025. The equity ratio rose from 97.7% in 2023 to 98.7% in 2025.

Score · 2025 33 −22 points since 2023 (weaker)
Operating revenue · 2025 1.2 MNOK −35% since 2023 (weaker)
Net profit · 2025 −0.1 MNOK −116% since 2023 (weaker)
Operating margin · 2025 −67.4% −60.1 pp since 2023 (weaker)
Equity ratio · 2025 98.7% +1.0 pp since 2023 (better)
Current ratio · 2025 23.15 −5.22 since 2023 (weaker)

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 figure202320242025
Operating revenue1.9 MNOK2.5 MNOK1.2 MNOK
Operating profit−0.1 MNOK0.4 MNOK−0.8 MNOK
Net profit0.6 MNOK0.5 MNOK−0.1 MNOK
Total assets25.4 MNOK25.9 MNOK25.6 MNOK
Equity24.8 MNOK25.3 MNOK25.2 MNOK
Total liabilities0.6 MNOK0.6 MNOK0.3 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.
983043569
Legal form
AS
Sector
Eiendom (68.120)
Purpose
Bygging og utvikling av eiendom, kapitalforvaltning samt fangst og fiske.
Morning company class
Micro
Employees
0–4 (not registered) Payroll costs in the accounts: 1.0 MNOK (2024).
Founded
20 November 2000 25 years in operation
Share capital
0.10 MNOK
Business address
Asplundvegen 15, 7560 VIKHAMMER (MALVIK)
Municipality
Malvik rank 13–22 of 38 in KOSTRA group 7
Latest accounts filed
2025
VAT registered
Yes
Former names
Eek-Eiendom AS until 2022, Bryggeloftet Utvikling AS until 2006, Bryggeloftet Utvikling AS until 2001
LEI
984500D4C87EC0AF6695 renews 29 January 2027
The company's business municipality, Malvik. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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

Indications · 2024

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 43.3% of the debt in 2024. The policy rate averaged 4.50 % 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 · 2022

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

Components · 2024

What the score is made of

Profitability26 weight 40%
Solidity98 weight 20%
Liquidity95 weight 5%
Growth84 weight 25%
Consistency71 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Durability: 59 (average over 2 years)

Index version 3. Data completeness 100%: the share of the weights that had data.

Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue3 MNOK2 MNOK
Operating margin 17.6% 46.9% 25 %
Profit margin 30.3% 21.7% shown, not part of the index
Return on assets 3.9% 7.5% 27 %
Equity ratio 97.7% 27.4% 98 %
Debt-to-equity 0.02 2.14 98 %
Current ratio 22.06 1.37 95 %
Revenue growth 33.6% 4.9% 83 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 63, Eek AS does better than 78% of companies in the Morning class Micro in the same sector (22,752 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Eek AS
  • Median: companies in the Morning class Micro in the same sector
Working capital and debt · 2024

Working capital and debt

Working capital and debt · 2024
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
17 days 44 days 33 %
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.
570 days 0 days 93 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
137.0% −12.9% 90 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
68.9% 53.5% 59 %
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.
1.7 1.6 52 %
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.
43.3% 5.2% 98 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
0.0% 83.2% 9 %

Net working capital (current assets less bank deposits less current liabilities): 3.5 MNOK.

Of the financial costs of 0.3 MNOK, 0.0 MNOK is reported as interest costs in the accounts.

The median and the bar refer to companies in the Morning class Micro in the same sector in 2024. 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.

Analysis · 2024

What the numbers say

Eek AS had an operating margin of 17.6% and an equity ratio of 97.7% in 2024, and ranks 6,164 of 28,612 in Eiendom.

From 2023 to 2024: the operating margin rose from −7.4% to 17.6% and revenue grew by 34%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 4 MNOK and 14 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2024): 0.6 MNOK 11.3 6 MNOK 4 MNOK
EV/EBIT Operating profit (mean 2023–2024): 0.2 MNOK
less net debt −9.0 MNOK (rough figure)
16.6 12 MNOK 11 MNOK
P/B Equity: 25.3 MNOK 0.9 23 MNOK 14 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple3 MNOK
Enterprise value after the size adjustment2 MNOK
Less net debt (rough figure)−9 MNOK
Equity value11 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 −572% 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 4% on the cost of equity gives a value 38% 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

2024

Questions and answers

How profitable is Eek AS?

The operating margin was 17.6% in 2024, against a median of 46.9% among companies in the Morning class Micro in the same sector. Return on assets was 3.9%.

How solid is Eek AS?

The equity ratio was 97.7% in 2024 (median 27.4%). Debt-to-equity was 0.02 (median 2.14).

What is the liquidity of Eek AS like?

The current ratio was 22.06 in 2024 (median 1.37).

How does Eek AS compare in Eiendom?

Eek AS ranks 6,164 of 28,612 in Eiendom for 2024. Among companies in the Morning class Micro it is number 5,015 of 22,752. Revenue changed by 33.6% from the year before.

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 7 November 2026. Only names are shown.

Parent company
No parent company: owned by persons

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.

Shareholders (2025)

Number of shareholders
2 (one owner holds more than half)
Largest owner
55.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%
Group chain
Ultimate owner: private person

Change 2007–2025: 45% of the shares changed owner (1 new and 0 departed owners).

Holds shares in: Lerøy Seafood Group ASA (0%), Salmar ASA (0%)

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.

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Figures last fetched 9 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index556333
Rank10,8126,16425,283
Operating margin−7.4%17.6%−67.4%
Return on assets2.8%3.9%0.3%
Equity ratio97.7%97.7%98.7%
Current ratio28.3722.0623.15
Revenue growth–33.6%−51.6%

Accounts

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

Key figure202320242025
Operating revenue1.9 MNOK2.5 MNOK1.2 MNOK
Operating profit−0.1 MNOK0.4 MNOK−0.8 MNOK
Profit before tax0.7 MNOK0.8 MNOK−0.1 MNOK
Tax expense0.1 MNOK0.2 MNOK0.0 MNOK
Net profit0.6 MNOK0.5 MNOK−0.1 MNOK
Financial expenses0.0 MNOK0.3 MNOK0.2 MNOK
Total assets25.4 MNOK25.9 MNOK25.6 MNOK
Current assets16.5 MNOK13.0 MNOK7.4 MNOK
Equity24.8 MNOK25.3 MNOK25.2 MNOK
Retained earnings24.7 MNOK25.2 MNOK25.1 MNOK
Total liabilities0.6 MNOK0.6 MNOK0.3 MNOK
Current liabilities0.6 MNOK0.6 MNOK0.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 5870139.