Odfjell Engineering AS
Score · fiscal year 2025
47of 100
How to read this: the company is ahead of 38 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 36 of 57 · What are Morning company classes?
Place in the whole sector: 1,480 of 2,592 · Teknisk tjenesteyting og forskning
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 88 and solidity 16 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
Odfjell Engineering AS is 4 points below the median for companies in the Morning class Large in the same sector in 2025.
Median score 51 among 57 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 9.7% (median 3.6%) and equity ratio 9.5% (median 25.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 632 MNOK | 1,002 MNOK |
| Operating margin | 9.7% | 3.6% |
| Profit margin | 10.4% | 4.1% |
| Return on assets | 29.8% | 10.0% |
| Equity ratio | 9.5% | 25.7% |
| Debt-to-equity | 9.56 | 2.71 |
| Current ratio | 1.04 | 1.13 |
| Revenue growth | −0.9% | 4.3% |
| Revenue per employee | 3.34 MNOK | 5.93 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 47, Odfjell Engineering AS does better than 38% of companies in the Morning class Large in the same sector (57 companies) in 2025.
Score 2023–2025
- Odfjell Engineering AS
- Median: companies in the Morning class Large in the same sector
Odfjell Engineering AS has a score of 47 for 2025, rank 1,480 of 2,592 in the sector.
Strongest: Profitability: percentile 88 against peers, operating margin 9.7% against a median of 3.6%.
Weakest: Solidity: percentile 16 against peers, equity ratio 9.5% against a median of 25.7%. Liquidity: percentile 27 against peers, current ratio 1.04 against a median of 1.13.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 9.5% (median 25.7%).
- What lies behind weak solidity, and will it last?
- What lies behind weak liquidity, 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
Odfjell Engineering AS had an operating margin of 9.7% and an equity ratio of 9.5% in 2025, and ranks 1,480 of 2,592 in Teknisk tjenesteyting og forskning.
From 2024 to 2025: the operating margin fell from 11.7% to 9.7%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 21 MNOK and 531 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 531 MNOK |
| EV/EBIT | 8.0 | 498 MNOK |
| P/B | 1.0 | 21 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
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 9.5% (median 25.7%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
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 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of −0.2%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 88 | weight 30% |
|---|---|---|
| Solidity | 16 | weight 25% |
| Liquidity | 27 | weight 15% |
| Growth | 36 | weight 15% |
| Consistency | 50 | weight 15% |
Durability: 47 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Odfjell Engineering AS?
The operating margin was 9.7% in 2025, against a median of 3.6% among companies in the Morning class Large in the same sector. Return on assets was 29.8%.
How solid is Odfjell Engineering AS?
The equity ratio was 9.5% in 2025 (median 25.7%). Debt-to-equity was 9.56 (median 2.71).
What is the liquidity of Odfjell Engineering AS like?
The current ratio was 1.04 in 2025 (median 1.13).
How does Odfjell Engineering AS compare in Teknisk tjenesteyting og forskning?
Odfjell Engineering AS ranks 1,480 of 2,592 in Teknisk tjenesteyting og forskning for 2025. Among companies in the Morning class Large it is number 36 of 57. Revenue changed by −0.9% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
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.
- 991491252
- Legal form
- AS · part of a group
- Sector
- Teknisk tjenesteyting og forskning (71.129)
- Morning company class
- Large
- Employees
- 189 registered 10 October 2026
- Founded
- 2 July 2007 19 years in operation
- Share capital
- 2.36 MNOK
- Business address
- Kokstadflaten 35, 5257 KOKSTAD (BERGEN)
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 529900OYC9O3DH1Z9J04 renews 21 March 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
Loading roles …
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
- Parent company
- Odfjell Technology Ltd (Bermuda)
Foreign-owned according to GLEIF.
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 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 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 44 | 51 | 47 | |
| Rank | 1,482 | 1,242 | 1,480 | |
| Operating margin | 12.5% | 11.7% | 9.7% | |
| Return on assets | 36.6% | 40.4% | 29.8% | |
| Equity ratio | 8.8% | 9.5% | 9.5% | |
| Current ratio | 1.05 | 1.03 | 1.04 | |
| Revenue growth | – | 14.4% | −0.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 557.7 MNOK | 638.0 MNOK | 632.0 MNOK |
| Operating profit | 70.0 MNOK | 74.5 MNOK | 61.0 MNOK |
| Profit before tax | 70.9 MNOK | 72.2 MNOK | 65.6 MNOK |
| Net profit | 55.1 MNOK | 56.1 MNOK | 53.1 MNOK |
| Financial expenses | 0.6 MNOK | 5.8 MNOK | – |
| Total assets | 195.1 MNOK | 193.1 MNOK | 219.9 MNOK |
| Current assets | 186.6 MNOK | 178.2 MNOK | 204.5 MNOK |
| Equity | 17.1 MNOK | 18.4 MNOK | 20.8 MNOK |
| Retained earnings | 0.3 MNOK | 0.9 MNOK | 2.8 MNOK |
| Total liabilities | 178.0 MNOK | 174.7 MNOK | 199.1 MNOK |
| Current liabilities | 177.0 MNOK | 173.2 MNOK | 197.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6819132.
Further
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