EIDE & Døtre 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
Score · fiscal year 2023
73of 100
How to read this: the company is ahead of 86 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 2,959 of 21,551 · What are Morning company classes?
Place in the whole sector: 3,579 of 27,047 · Eiendom
Profile
Lion · Leader
High profitability, high resilience
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 52 and resilience 97 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
EIDE & Døtre AS is 23 points above the median for companies in the Morning class Micro in the same sector in 2023.
Median score 50 among 21,549 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin 41.3% (median 46.0%) and equity ratio 95.7% (median 27.5%).
How it has gone · 2023–2025
Revenue rose by 431 % from 2023 to 2025, to 10.6 MNOK. The operating margin fell from 41.3% in 2023 to 32.2% in 2025. The equity ratio rose from 95.7% in 2023 to 100.0% in 2025.
Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year
Worth a closer look
- critical
The operating result does not cover the financial costs. How will the debt be serviced, and what do the lenders say?
Based on: Interest coverage (times) 0.8 (median 1.7); Financial costs as a share of debt 108.7% (median 4.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 108.7% of the debt in 2023. The policy rate averaged 3.54 % 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 15.2%. 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 | 52 | weight 40% |
|---|---|---|
| Solidity | 97 | weight 20% |
| Liquidity | 93 | weight 5% |
| Growth | – | no data, left out |
| Consistency | 99 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Index version 3. Data completeness 75%: the share of the weights that had data.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 2 MNOK |
| Operating margin | 41.3% | 46.0% |
| Profit margin | 45.9% | 22.8% |
| Return on assets | 8.6% | 7.0% |
| Equity ratio | 95.7% | 27.5% |
| Debt-to-equity | 0.04 | 2.20 |
| Current ratio | 14.73 | 1.38 |
| Revenue growth | – | 5.6% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 73, EIDE & Døtre AS does better than 86% of companies in the Morning class Micro in the same sector (21,551 companies) in 2023.
Score 2023–2025
- EIDE & Døtre AS
- Median: companies in the Morning class Micro in the same sector
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
8 days | 47 days | |
| 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. |
2,666 days | 0 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
682.6% | −13.4% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
0.5% | 54.1% | |
| 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. |
0.8 | 1.7 | |
| 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. |
108.7% | 4.5% | |
| 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% | 83.0% | |
Net working capital (current assets less bank deposits less current liabilities): 13.7 MNOK.
Of the financial costs of 1.1 MNOK, 0.4 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 2023. 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.
What the numbers say
EIDE & Døtre AS had an operating margin of 41.3% and an equity ratio of 95.7% in 2023, and ranks 3,579 of 27,047 in Eiendom.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 6 MNOK and 10 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.5 | 6 MNOK |
| EV/EBIT | 19.2 | 10 MNOK |
| P/B | 0.7 | 10 MNOK |
| EV/EBIT: from enterprise value to equity | NOK |
|---|---|
| Enterprise value (EV) at the listed multiple | 16 MNOK |
| Enterprise value after the size adjustment | 10 MNOK |
| Less net debt (rough figure) | 0 MNOK |
| Equity value | 10 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.
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 (68.2): R.E.I.T..
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
Questions and answers
How profitable is EIDE & Døtre AS?
The operating margin was 41.3% in 2023, against a median of 46.0% among companies in the Morning class Micro in the same sector. Return on assets was 8.6%.
How solid is EIDE & Døtre AS?
The equity ratio was 95.7% in 2023 (median 27.5%). Debt-to-equity was 0.04 (median 2.20).
What is the liquidity of EIDE & Døtre AS like?
The current ratio was 14.73 in 2023 (median 1.38).
How does EIDE & Døtre AS compare in Eiendom?
EIDE & Døtre AS ranks 3,579 of 27,047 in Eiendom for 2023. Among companies in the Morning class Micro it is number 2,959 of 21,551.
From the Central Coordinating Register
- Org. no.
- 987831995
- Legal form
- AS
- Sector
- Eiendom (68.200)
- Purpose
- Kjøp, salg, drift og utleie av fast eiendom, konsulentvirksomhet og hva dermed står i forbindelse, herunder også deltagelse i andre selskaper.
- Morning company class
- Micro
- Employees
- 0–4 (not registered) Payroll costs in the accounts: 0.6 MNOK (2023).
- Founded
- 30 January 2005 21 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Skogsnaret 9, 3150 TOLVSRØD (TØNSBERG)
- Municipality
- Tønsberg rank 2 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- VAT registered
- No
- LEI
- 636700REZ4U8JSJX0B43 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 7 November 2026. Only names are shown.
- Parent company
- Parent does not consolidate the company
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
- 4
- Largest owner
- 24.5% · top three 49.5%
- Split
- companies 0% · private persons 50% · foreign 0%
- Owned from the same municipality
- 100%
- Owners over 60
- 2% of the shares held by persons (median age 45)
Change 2007–2025: no material change in the owners.
The portfolio: 3 of the companies it owns shares in have accounts with us, 0 of them as majority owner. The average index is 49. 0 have negative equity and 2 made a loss in the latest year.
Holds shares in: Enflow Holding AS (0%), Reach Subsea ASA (0%), Andfjord Salmon Group AS (0%), Gjensidige Forsikring ASA (0%)
The owners' shares do not add up to the company's total number of shares in the source.
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.
Is this your company? Suggest changes or add information
Figures last fetched 9 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 73 | – | 81 | |
| Rank | 3,579 | – | 709 | |
| Operating margin | 41.3% | −62.7% | 32.2% | |
| Return on assets | 8.6% | 5.8% | 22.2% | |
| Equity ratio | 95.7% | 95.0% | 100.0% | |
| Current ratio | 14.73 | 13.32 | 7,050.32 | |
| Revenue growth | – | −82.2% | 2,877.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.0 MNOK | 0.4 MNOK | 10.6 MNOK |
| Operating profit | 0.8 MNOK | −0.2 MNOK | 3.4 MNOK |
| Profit before tax | 0.9 MNOK | 1.0 MNOK | 4.6 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.9 MNOK | 1.0 MNOK | 4.6 MNOK |
| Financial expenses | 1.1 MNOK | 0.4 MNOK | 0.4 MNOK |
| Total assets | 23.4 MNOK | 24.6 MNOK | 22.5 MNOK |
| Current assets | 14.7 MNOK | 16.3 MNOK | 18.1 MNOK |
| Equity | 22.4 MNOK | 23.3 MNOK | 22.5 MNOK |
| Retained earnings | 22.3 MNOK | 23.2 MNOK | 22.4 MNOK |
| Total liabilities | 1.0 MNOK | 1.2 MNOK | 0.0 MNOK |
| Current liabilities | 1.0 MNOK | 1.2 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 5285875.
Further
Similar companies
- Finnsnes Panorama AS index 73, rank 3,577 · compare
- Smørgrav Eiendom AS index 73, rank 3,578 · compare
- Marinka Eiendom AS index 73, rank 3,580 · compare
- AS KJØBENHAVNSGATE 2 index 73, rank 3,581 · compare
- Risavika 4 AS index 73, rank 3,582 · compare