SFE AS
Score · fiscal year 2025
48of 100
How to read this: the company is ahead of 51 % of large companies in the same sector in 2025. What does this mean?
Rank: 820 of 1,572 · Kraft og energi
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 60 and solidity 38 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
SFE AS is at the median for large companies in the same sector in 2025.
Median score 48 among 72 companies.
Against large companies in the same sector in 2025: operating margin 18.7% (median 20.8%) and equity ratio 37.6% (median 49.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1,888 MNOK | 2,286 MNOK |
| Operating margin | 18.7% | 20.8% |
| Profit margin | 19.7% | 18.0% |
| Return on assets | 9.3% | 4.5% |
| Equity ratio | 37.6% | 49.5% |
| Debt-to-equity | 1.66 | 1.03 |
| Current ratio | 1.38 | 1.18 |
| Revenue growth | −6.9% | 9.4% |
| Revenue per employee | 16.71 MNOK | 29.91 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 48, SFE AS does better than 51% of large companies in the same sector (72 companies) in 2025.
Score 2023–2025
- SFE AS
- Median: large companies in the same sector
SFE AS has a score of 48 for 2025, rank 820 of 1,572 in the sector.
Strongest: Consistency: percentile 63 against peers. Liquidity: percentile 61 against peers, current ratio 1.38 against a median of 1.18.
Weakest: Growth: percentile 10 against peers, revenue growth −6.9% against a median of 9.4%. Solidity: percentile 38 against peers, equity ratio 37.6% against a median of 49.5%.
Worth a closer look
- What lies behind weak growth, and will it last?
- What lies behind weak solidity, 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
SFE AS had an operating margin of 18.7% and an equity ratio of 37.6% in 2025, and ranks 820 of 1,572 in Kraft og energi.
From 2024 to 2025: the operating margin rose from 14.2% to 18.7%.
SFE AS did better than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 558 MNOK and 1,905 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,905 MNOK |
| EV/EBIT | 8.0 | 558 MNOK |
| P/B | 1.0 | 1,790 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 2.4% 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.
Scenario analysis: the sector's weakest year
The operating margin was 18.7% in 2025 (sector median 12.6%), and the equity ratio 37.6%. In the other years the operating margin averaged 16.5%.
The sector's weakest year was 2025, with a median operating margin of 12.6%. 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 | 60 | weight 30% |
|---|---|---|
| Solidity | 38 | weight 25% |
| Liquidity | 61 | weight 15% |
| Growth | 10 | weight 15% |
| Consistency | 63 | weight 15% |
Durability: 52 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SFE AS?
The operating margin was 18.7% in 2025, against a median of 20.8% among large companies in the same sector. Return on assets was 9.3%.
How solid is SFE AS?
The equity ratio was 37.6% in 2025 (median 49.5%). Debt-to-equity was 1.66 (median 1.03).
What is the liquidity of SFE AS like?
The current ratio was 1.38 in 2025 (median 1.18).
How does SFE AS compare in Kraft og energi?
SFE AS ranks 820 of 1,572 in Kraft og energi for 2025. Among companies of the same size (large companies) it ranks 36 of 72. Revenue changed by −6.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 984882106
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Size tier
- large
- Employees
- 113 registered 10 October 2026
- Founded
- 16 September 2002 24 years in operation
- Share capital
- 600.00 MNOK
- Business address
- c/o Sogn og Fjordane Energi AS, Sørstrandsvegen 227, 6823 SANDANE (GLOPPEN)
- Municipality
- Gloppen rank 4–17 of 39 in KOSTRA group 4
- Latest accounts filed
- 2025
- Website
- www.sfe.no
- LEI
- 5493008VQD4YRCZ5IQ78 renews 30 May 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
- Chief executive
- Knut Arild Flatjord
- Chair of the board
- Knut Arild Flatjord
- Board member
- Eivind Risøy
- Board member
- Monica Heggheim
- Board member
- Ole Ingebrigt Sunnset
- Board member
- Ingvill Hestenes
- Deputy member
- Martin Holvik
- Deputy member
- Harald Røyrvik
- Deputy member
- Eli Bjørhovde Rindal
- Deputy member
- Mari Merete Hestenes Netland
- Auditor
- DELOITTE AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- SOGN OG FJORDANE ENERGI AS (Norway)
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.
Figures last fetched 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 52 | 55 | 48 | |
| Rank | 621 | 543 | 820 | |
| Operating margin | 18.7% | 14.2% | 18.7% | |
| Return on assets | 12.4% | 8.8% | 9.3% | |
| Equity ratio | 34.0% | 38.7% | 37.6% | |
| Current ratio | 1.20 | 2.36 | 1.38 | |
| Revenue growth | – | −19.2% | −6.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2,509.6 MNOK | 2,027.0 MNOK | 1,887.9 MNOK |
| Operating profit | 470.4 MNOK | 288.7 MNOK | 353.0 MNOK |
| Profit before tax | 505.3 MNOK | 324.7 MNOK | 372.8 MNOK |
| Net profit | 274.2 MNOK | 191.6 MNOK | 190.5 MNOK |
| Financial expenses | 69.4 MNOK | 65.4 MNOK | 70.6 MNOK |
| Total assets | 4,644.9 MNOK | 4,437.1 MNOK | 4,756.4 MNOK |
| Current assets | 833.5 MNOK | 775.7 MNOK | 797.2 MNOK |
| Equity | 1,579.1 MNOK | 1,715.4 MNOK | 1,790.0 MNOK |
| Retained earnings | 429.3 MNOK | 565.6 MNOK | 640.2 MNOK |
| Total liabilities | 3,065.8 MNOK | 2,721.7 MNOK | 2,966.5 MNOK |
| Current liabilities | 695.9 MNOK | 329.0 MNOK | 577.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7077638.
Further
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