Eugene 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
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 69.6% About like the industry Industry: 72.3%
- Returns · return on assets 1.9% Weaker than the industry Industry: 10.9%
- Solidity · equity ratio 97.7% Better than the industry Industry: 86.2%
- Liquidity · current ratio 21.91 Better than the industry Industry: 5.91
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 2023
53of 100
How to read this: the company is ahead of 51 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 346 of 712 · What are Morning company classes?
Place in the whole sector: 535 of 1,137 · Finans og forsikring
Profile
Elephant · Steward
Lower profitability, high resilience
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 32 and resilience 78 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
Eugene AS is at the median for companies in the Morning class Micro in the same sector in 2023.
Median score 53 among 712 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin 69.6% (median 72.3%) and equity ratio 97.7% (median 86.2%).
How it has gone · 2023–2025
Revenue rose by 193 % from 2023 to 2025, to 3.3 MNOK. The operating margin rose from 69.6% in 2023 to 89.8% in 2025. The equity ratio fell from 97.7% in 2023 to 95.6% in 2025.
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 figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.1 MNOK | 1.3 MNOK | 3.3 MNOK |
| Operating profit | 0.8 MNOK | 0.9 MNOK | 3.0 MNOK |
| Net profit | 0.8 MNOK | 1.0 MNOK | 2.7 MNOK |
| Total assets | 45.9 MNOK | 46.0 MNOK | 48.6 MNOK |
| Equity | 44.8 MNOK | 45.4 MNOK | 46.4 MNOK |
| Total liabilities | 1.1 MNOK | 0.6 MNOK | 2.2 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.
- 989049534
- Legal form
- AS
- Sector
- Finans og forsikring (64.323)
- Purpose
- Investering i andre selskaper, verdipapirer, fast eiendom og det som hører naturlig til dette.
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 2 December 2005 20 years in operation
- Share capital
- 0.15 MNOK
- Business address
- c/o Formuesforvaltning, v/Kjetil Haug, Henrik Ibsens gate 53, 0255 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- VAT registered
- No
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
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 2.9% 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 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of −13.5%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 32 | weight 40% |
|---|---|---|
| Solidity | 75 | weight 20% |
| Liquidity | 71 | weight 5% |
| Growth | – | no data, left out |
| Consistency | 88 | 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 | 1 MNOK | 3 MNOK |
| Operating margin | 69.6% | 72.3% |
| Profit margin | 75.3% | 76.1% |
| Return on assets | 1.9% | 10.9% |
| Equity ratio | 97.7% | 86.2% |
| Debt-to-equity | 0.02 | 0.14 |
| Current ratio | 21.91 | 5.91 |
| Revenue growth | – | −0.7% |
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 53, Eugene AS does better than 51% of companies in the Morning class Micro in the same sector (712 companies) in 2023.
Score 2023–2025
- Eugene 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. |
– | 36 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. |
– | 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. |
1,947.7% | 73.9% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
0.0% | 25.7% | |
| 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. |
26.1 | 24.5 | |
| 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. |
2.9% | 1.8% | |
| 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% | 0.0% | |
Net working capital (current assets less bank deposits less current liabilities): 21.9 MNOK.
Of the financial costs of 0.0 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 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
Eugene AS had an operating margin of 69.6% and an equity ratio of 97.7% in 2023, and ranks 535 of 1,137 in Finans og forsikring.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 6 MNOK and 33 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 12.3 | 6 MNOK |
| EV/EBIT | – | not used in the sector |
| P/B | 1.2 | 33 MNOK |
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 NACE code has no listed industry of its own in the table, so the multiples are the sector median: Bank (Money Center), Banks (Regional), Insurance (General), Investments & Asset Management, Financial Svcs. (Non-bank & Insurance).
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 Eugene AS?
The operating margin was 69.6% in 2023, against a median of 72.3% among companies in the Morning class Micro in the same sector. Return on assets was 1.9%.
How solid is Eugene AS?
The equity ratio was 97.7% in 2023 (median 86.2%). Debt-to-equity was 0.02 (median 0.14).
What is the liquidity of Eugene AS like?
The current ratio was 21.91 in 2023 (median 5.91).
How does Eugene AS compare in Finans og forsikring?
Eugene AS ranks 535 of 1,137 in Finans og forsikring for 2023. Among companies in the Morning class Micro it is number 346 of 712.
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 7 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 2 (one owner holds more than half)
- Largest owner
- 99.2%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 99%
- Group chain
- Ultimate owner: private person
Change 2007–2025: no material change in the owners.
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 | 53 | 49 | 61 | |
| Rank | 535 | 639 | 378 | |
| Operating margin | 69.6% | 69.3% | 89.8% | |
| Return on assets | 1.9% | 2.2% | 6.4% | |
| Equity ratio | 97.7% | 98.7% | 95.6% | |
| Current ratio | 21.91 | 37.09 | 11.60 | |
| Revenue growth | – | 14.3% | 156.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.1 MNOK | 1.3 MNOK | 3.3 MNOK |
| Operating profit | 0.8 MNOK | 0.9 MNOK | 3.0 MNOK |
| Profit before tax | 0.8 MNOK | 1.0 MNOK | 3.1 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | 0.4 MNOK |
| Net profit | 0.8 MNOK | 1.0 MNOK | 2.7 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 45.9 MNOK | 46.0 MNOK | 48.6 MNOK |
| Current assets | 23.0 MNOK | 22.5 MNOK | 25.0 MNOK |
| Equity | 44.8 MNOK | 45.4 MNOK | 46.4 MNOK |
| Retained earnings | 44.6 MNOK | 45.2 MNOK | 46.2 MNOK |
| Total liabilities | 1.1 MNOK | 0.6 MNOK | 2.2 MNOK |
| Current liabilities | 1.1 MNOK | 0.6 MNOK | 2.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 5148905.
Further
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