IK GROUP AS
Score · fiscal year 2023
39of 100
How to read this: the company is ahead of 32 % of small companies in the same sector in 2023. What does this mean?
Rank: 380 of 565 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 50 and solidity 28 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
IK GROUP AS is 11 points below the median for small companies in the same sector in 2023.
Median score 50 among 311 companies.
Against small companies in the same sector in 2023: operating margin −23.7% (median 5.1%) and equity ratio 19.2% (median 48.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | −23.7% | 5.1% |
| Profit margin | 646.0% | 10.0% |
| Return on assets | 21.8% | 3.5% |
| Equity ratio | 19.2% | 48.9% |
| Debt-to-equity | 4.21 | 0.52 |
| Current ratio | 0.70 | 1.51 |
| Revenue growth | – | 3.8% |
The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 39, IK GROUP AS does better than 32% of small companies in the same sector (312 companies) in 2023.
Score 2023–2025
- IK GROUP AS
- Median: small companies in the same sector
What the numbers say
IK GROUP AS had an operating margin of −23.7% and an equity ratio of 19.2% in 2023, and ranks 380 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 35 MNOK and 50 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 50 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 35 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
- watch
Consider strengthening liquidity: current liabilities are 1.4 times current assets.
Based on: Current ratio 0.70 (median 1.51).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −23.7% (median 5.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 1.5%. 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 | 50 | weight 30% |
|---|---|---|
| Solidity | 28 | weight 25% |
| Liquidity | 24 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 50 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is IK GROUP AS?
The operating margin was −23.7% in 2023, against a median of 5.1% among small companies in the same sector. Return on assets was 21.8%.
How solid is IK GROUP AS?
The equity ratio was 19.2% in 2023 (median 48.9%). Debt-to-equity was 4.21 (median 0.52).
What is the liquidity of IK GROUP AS like?
The current ratio was 0.70 in 2023 (median 1.51). Current assets did not cover current liabilities.
How does IK GROUP AS compare in Olje og gass?
IK GROUP AS ranks 380 of 565 in Olje og gass for 2023. Among companies of the same size (small companies) it ranks 212 of 312.
Group accounts · 2025
64 of 100
Rank 140 of 579 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2023) |
|---|---|---|
| Operating margin | 18.0% | – |
| Return on assets | 26.6% | – |
| Equity ratio | 40.7% | – |
| Current ratio | 1.41 | – |
| Revenue growth | 0.5% | – |
Group index in earlier years: 2023: 58 (264 of 747), 2024: 67 (129 of 609).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 989002732
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.109)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 25 October 2005 21 years in operation
- Share capital
- 0.82 MNOK
- Business address
- Christian August Thorings veg 9, 4033 STAVANGER (SOLA)
- Municipality
- Sola rank 2 of 27 in KOSTRA group 9
- Latest accounts filed
- 2025
- Website
- www.ik-worldwide.com
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
- Eirik Berge
- Chair of the board
- Hans Olav Hide
- Board member
- Christian Knutsen
- Board member
- Solveig Holter
- Board member
- Marianne Løvås Sagerup
- Board member
- Øystein Sikora Ingstad
- Auditor
- TELL NORGE 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 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 39 | 38 | 45 | |
| Rank | 380 | 425 | 339 | |
| Operating margin | −23.7% | −202.9% | 149.8% | |
| Return on assets | 21.8% | 15.1% | 20.8% | |
| Equity ratio | 19.2% | 1.5% | 14.2% | |
| Current ratio | 0.70 | 0.76 | 0.82 | |
| Revenue growth | – | 92.4% | −24.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.0 MNOK | 1.9 MNOK | 1.4 MNOK |
| Operating profit | −0.2 MNOK | −3.9 MNOK | 2.2 MNOK |
| Profit before tax | 6.4 MNOK | −12.3 MNOK | 24.2 MNOK |
| Net profit | 5.0 MNOK | −13.5 MNOK | 22.6 MNOK |
| Financial expenses | 33.6 MNOK | 52.9 MNOK | 14.9 MNOK |
| Total assets | 183.1 MNOK | 269.5 MNOK | 187.4 MNOK |
| Current assets | 72.7 MNOK | 177.8 MNOK | 99.5 MNOK |
| Equity | 35.1 MNOK | 4.1 MNOK | 26.7 MNOK |
| Retained earnings | 15.9 MNOK | 0.0 MNOK | 22.6 MNOK |
| Total liabilities | 148.0 MNOK | 265.4 MNOK | 160.7 MNOK |
| Current liabilities | 103.4 MNOK | 233.5 MNOK | 122.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5282267.
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