Eaglesveis AS

Org. no. 992008970 · Øygarden · Founded 2007 · 8 employees

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 2025

17of 100

How to read this: the company is ahead of 6 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 3,149 of 3,345 · What are Morning company classes?
Place in the whole sector: 6,693 of 7,073 · Industri

Profile

Beaver · Builder

Lower profitability, lower resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 12 and resilience 10 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Eaglesveis AS is 34 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 51 among 3,345 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin −6.3% (median 4.0%) and equity ratio −37.7% (median 39.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 7 November 2026Report an issue
Development

How it has gone · 2023–2025

Revenue is about the same: 6.5 MNOK in 2025 against 6.5 MNOK in 2023. The operating margin fell from −1.4% in 2023 to −6.3% in 2025. The equity ratio fell from 19.0% in 2023 to −37.7% in 2025.

Score · 2025 17 −11 points since 2023 (weaker)
Operating revenue · 2025 6.5 MNOK about the same since 2023
Net profit · 2025 −0.4 MNOK from −0.2 MNOK in 2023 (weaker)
Operating margin · 2025 −6.3% −4.9 pp since 2023 (weaker)
Equity ratio · 2025 −37.7% −56.7 pp since 2023 (weaker)
Current ratio · 2025 0.77 −0.61 since 2023 (weaker)

Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year

Summary analysis

Eaglesveis AS has a score of 17 for 2025, rank 6,693 of 7,073 in the sector.

Strongest: Growth: percentile 35 against peers, revenue growth −7.1% against a median of 5.0%.

Weakest: Solidity: percentile 0 against peers, equity ratio −37.7% against a median of 39.9%. Profitability: percentile 12 against peers, operating margin −6.3% against a median of 4.0%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Indications · 2025

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −37.7% (median 39.9%).

  • 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) −11.3 (median 3.4); Financial costs as a share of debt 2.7% (median 1.5%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.3 times current assets.

    Based on: Current ratio 0.77 (median 1.69).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −6.8% (median 3.5%).

  • 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 −6.3% (median 4.0%).

  • watch

    Current liabilities exceed current assets other than bank deposits, and the current ratio is weak. Is it customer prepayments and supplier credit that fund the operations, or short-term loans that must be renewed?

    Based on: Net working capital to revenue −7.8% (median −3.2%); Current ratio 0.77 (median 1.69).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 2.7% 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.

See interest rates, prices and exchange rates for the sector

Data quality

  • critical Negative equity
Stress test · 2022

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 −0.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability12 weight 40%
Solidity0 weight 20%
Liquidity16 weight 5%
Growth35 weight 25%
Consistency27 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Durability: 23 (average over 3 years)

Index version 3. Data completeness 100%: the share of the weights that had data.

Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue6 MNOK3 MNOK
Operating margin −6.3% 4.0% 18 %
Profit margin −6.8% 3.5% shown, not part of the index
Return on assets −41.2% 7.3% 6 %
Equity ratio −37.7% 39.9% 7 %
Debt-to-equity – 1.09 not compared
Current ratio 0.77 1.69 16 %
Revenue growth −7.1% 5.0% 26 %
Revenue per employee0.81 MNOK0.79 MNOK

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 17, Eaglesveis AS does better than 6% of companies in the Morning class Micro in the same sector (3,345 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Eaglesveis AS
  • Median: companies in the Morning class Micro in the same sector
Working capital and debt · 2025

Working capital and debt

Working capital and debt · 2025
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
37 days 35 days 52 %
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 16 days 14 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−7.8% −3.2% 38 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
26.7% 42.7% 35 %
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.
−11.3 3.4 17 %
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.
2.7% 1.5% 61 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
14.6% 28.3% 40 %

The operating result is negative, so the interest coverage is negative: operations cover none of the financial costs.

Net working capital (current assets less bank deposits less current liabilities): −0.5 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 2025. 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.

The industry or the company: what drove the result?

In 2025 the operating margin of Eaglesveis AS fell by 1.9 percentage points. Comparable companies fell by a median 0.3 points. So the company did 1.6 points weaker than the industry, for reasons of its own.

Over 2 year-to-year changes Eaglesveis AS moved the same way as comparable companies 1 times. About 10% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of Eaglesveis AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
2024−4.4%4.4% −3.0 percentage points +0.2 percentage points −3.2 percentage points
2025−6.3%4.0% −1.9 percentage points −0.3 percentage points −1.6 percentage points

Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.

The company and its sector's drivers

Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Eaglesveis AS. The figures stand side by side; we claim no cause.

Producer prices in manufacturing (indeks (2021 = 100))

Producer prices in manufacturing rose 2.9% in 2025; the operating margin of Eaglesveis AS fell 1.9 percentage points.

Producer prices in manufacturing per year and the operating margin of Eaglesveis AS
Measure202120222023202420252026
Producer prices in manufacturing, annual average100.0124.7129.5134.4138.3146.7 (so far)
Change from the year before+10.7%+24.7%+3.9%+3.7%+2.9%+6.1%
The company's operating margin––−1.4%−4.4%−6.3%–

Source: SSB (12462, CC BY 4.0). Source

EUR/NOK (kr)

EUR/NOK rose 0.8% in 2025; the operating margin of Eaglesveis AS fell 1.9 percentage points.

EUR/NOK per year and the operating margin of Eaglesveis AS
Measure202120222023202420252026
EUR/NOK, annual average10.1610.1011.4211.6211.7211.04 (so far)
Change from the year before−5.2%−0.6%+13.1%+1.8%+0.8%−5.8%
The company's operating margin––−1.4%−4.4%−6.3%–

Source: Norges Bank (EXR, NLOD 2.0). Source

Wholesale power price (øre per kWh)

Wholesale power price rose 9.4% in 2025; the operating margin of Eaglesveis AS fell 1.9 percentage points.

Wholesale power price per year and the operating margin of Eaglesveis AS
Measure202120222023202420252026
Wholesale power price, annual average64.2141.772.049.454.096.5 (so far)
Change from the year before+466.7%+120.8%−49.2%−31.4%+9.4%+78.4%
The company's operating margin––−1.4%−4.4%−6.3%–

Source: SSB (09363, CC BY 4.0). Source

USD/NOK (kr)

USD/NOK fell 3.3% in 2025; the operating margin of Eaglesveis AS fell 1.9 percentage points.

USD/NOK per year and the operating margin of Eaglesveis AS
Measure202120222023202420252026
USD/NOK, annual average8.599.6110.5610.7510.399.54 (so far)
Change from the year before−8.8%+11.9%+9.9%+1.7%−3.3%−8.2%
The company's operating margin––−1.4%−4.4%−6.3%–

Source: Norges Bank (EXR, NLOD 2.0). Source

Wage index: fabricated metal products (indeks)

Wage index: fabricated metal products rose 5.8% in 2025; the operating margin of Eaglesveis AS fell 1.9 percentage points.

Wage index: fabricated metal products per year and the operating margin of Eaglesveis AS
Measure202120222023202420252026
Wage index: fabricated metal products, annual average88.091.596.9102.1108.0112.8 (so far)
Change from the year before+3.1%+3.9%+6.0%+5.4%+5.8%+4.5%
The company's operating margin––−1.4%−4.4%−6.3%–

Source: SSB (12314, CC BY 4.0). Source

We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.

Analysis · 2025

What the numbers say

Eaglesveis AS had an operating margin of −6.3% and an equity ratio of −37.7% in 2025, and ranks 6,693 of 7,073 in Industri.

From 2024 to 2025: the equity ratio fell from 4.5% to −37.7%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): −0.3 MNOK 22.2 – not meaningful
EV/EBIT Operating profit (mean 2023–2025): −0.3 MNOK 18.6 – not meaningful
P/B Equity: −0.4 MNOK 3.0 – not meaningful

The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Machinery, Food Processing, Chemical (Specialty), Building Materials, Packaging & Container.

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

2025

Questions and answers

How profitable is Eaglesveis AS?

The operating margin was −6.3% in 2025, against a median of 4.0% among companies in the Morning class Micro in the same sector. Return on assets was −41.2%. The company made a loss before tax.

How solid is Eaglesveis AS?

The equity ratio was −37.7% in 2025 (median 39.9%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Eaglesveis AS like?

The current ratio was 0.77 in 2025 (median 1.69). Current assets did not cover current liabilities.

How does Eaglesveis AS compare in Industri?

Eaglesveis AS ranks 6,693 of 7,073 in Industri for 2025. Among companies in the Morning class Micro it is number 3,149 of 3,345. Revenue changed by −7.1% from the year before.

2025

Competitors

The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.

Halsa Mekaniske AS: 49 / 11Meto Gruppen AS: 5 / 57Fav Gruppen AS: 54 / 74Eaglesveis AS: 12 / 10Morgan R Larsen AS: 84 / 54PB Svets AS: 41 / 28Haugaland Sveiseservice AS: 19 / 32Sveis og Vegsikring AS: 86 / 79Metalco AS: 85 / 2200252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Halsa Mekaniske AS Beaver 7 MNOK 0.9% 33
Meto Gruppen AS Elephant 7 MNOK −20.3% 26
Fav Gruppen AS Lion 7 MNOK 0.3% 69
Eaglesveis AS (this company) Beaver 6 MNOK −6.3% 17
Morgan R Larsen AS Lion 6 MNOK 17.9% 66
PB Svets AS Beaver 6 MNOK 1.3% 38
Haugaland Sveiseservice AS Beaver 6 MNOK −4.0% 23
Sveis og Vegsikring AS Lion 6 MNOK 26.2% 76
Metalco AS Cheetah 6 MNOK 13.6% 59

The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis

From the Central Coordinating Register

Org. no.
992008970
Legal form
AS
Sector
Industri (25.530)
Purpose
Sveising, mekanisk klatring (tilkomstteknikk), kjøring og alt hva hermed står i forbindelse.
Morning company class
Micro
Employees
8 registered 10 June 2026
Founded
10 November 2007 19 years in operation
Share capital
0.10 MNOK
Business address
Rognebærvegen 3, 5353 STRAUME (ØYGARDEN)
Municipality
Øygarden rank 1–6 of 13 in KOSTRA group 10
Latest accounts filed
2025
VAT registered
Yes
Website
Eaglesveis.no
The company's business municipality, Øygarden. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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 1 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%
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.

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Figures last fetched 7 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index282317
Rank5,3116,1696,693
Operating margin−1.4%−4.4%−6.3%
Return on assets−3.9%−19.2%−41.2%
Equity ratio19.0%4.5%−37.7%
Current ratio1.381.080.77
Revenue growth–6.6%−7.1%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue6.5 MNOK7.0 MNOK6.5 MNOK
Operating profit−0.1 MNOK−0.3 MNOK−0.4 MNOK
Profit before tax−0.2 MNOK−0.4 MNOK−0.4 MNOK
Tax expense–––
Net profit−0.2 MNOK−0.4 MNOK−0.4 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.0 MNOK
Total assets2.2 MNOK1.6 MNOK1.0 MNOK
Current assets1.6 MNOK1.3 MNOK0.9 MNOK
Equity0.4 MNOK0.1 MNOK−0.4 MNOK
Retained earnings0.3 MNOK0.0 MNOK−0.5 MNOK
Total liabilities1.8 MNOK1.5 MNOK1.4 MNOK
Current liabilities1.1 MNOK1.2 MNOK1.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 7 November 2026, accounts id 7087851.