EBONY AS
Score · fiscal year 2025
37of 100
How to read this: the company is ahead of 24 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 1,503 of 2,035 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 70 and solidity 9 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
EBONY AS is 11 points below the median for medium-sized companies in the same sector in 2025.
Median score 48 among 455 companies.
Against medium-sized companies in the same sector in 2025: operating margin 23.2% (median 22.9%) and equity ratio 3.5% (median 50.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 222 MNOK | 197 MNOK |
| Operating margin | 23.2% | 22.9% |
| Profit margin | 48.5% | 13.4% |
| Return on assets | 30.6% | 7.5% |
| Equity ratio | 3.5% | 50.4% |
| Debt-to-equity | 27.71 | 0.85 |
| Current ratio | 1.03 | 1.33 |
| Revenue growth | −22.9% | 2.4% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 37, EBONY AS does better than 24% of medium-sized companies in the same sector (455 companies) in 2025.
Score 2023–2025
- EBONY AS
- Median: medium-sized companies in the same sector
EBONY AS has a score of 37 for 2025, rank 1,503 of 2,035 in the sector.
Strongest: Profitability: percentile 70 against peers, operating margin 23.2% against a median of 22.9%.
Weakest: Solidity: percentile 9 against peers, equity ratio 3.5% against a median of 50.4%. Growth: percentile 12 against peers, revenue growth −22.9% against a median of 2.4%.
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 3.5% (median 50.4%).
- What lies behind weak solidity, and will it last?
- What lies behind weak growth, 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
EBONY AS had an operating margin of 23.2% and an equity ratio of 3.5% in 2025, and ranks 1,503 of 2,035 in Sjøfart.
From 2024 to 2025: the equity ratio fell from 48.6% to 3.5% and revenue fell by 23%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MUSD and 104 MUSD.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 104 MUSD |
| EV/EBIT | 8.0 | 40 MUSD |
| P/B | 1.0 | 1 MUSD |
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 3.5% (median 50.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% 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.
Data quality
- watch Reports in a currency other than NOK
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 6.1%. 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 | 70 | weight 30% |
|---|---|---|
| Solidity | 9 | weight 25% |
| Liquidity | 35 | weight 15% |
| Growth | 12 | weight 15% |
| Consistency | 45 | weight 15% |
Durability: 48 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is EBONY AS?
The operating margin was 23.2% in 2025, against a median of 22.9% among medium-sized companies in the same sector. Return on assets was 30.6%.
How solid is EBONY AS?
The equity ratio was 3.5% in 2025 (median 50.4%). Debt-to-equity was 27.71 (median 0.85).
What is the liquidity of EBONY AS like?
The current ratio was 1.03 in 2025 (median 1.33).
How does EBONY AS compare in Sjøfart?
EBONY AS ranks 1,503 of 2,035 in Sjøfart for 2025. Among companies of the same size (medium-sized companies) it ranks 346 of 455. Revenue changed by −22.9% 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.
- 814720942
- Legal form
- AS · part of a group
- Sector
- Sjøfart (50.201)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 15 December 2014 11 years in operation
- Share capital
- 0.50 MNOK
- Business address
- Tveiteråsvegen 12, 5232 PARADIS (BERGEN)
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
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
- Chair of the board
- Karl Lødrup Kvalheim
- Auditor
- DELOITTE AS
Source: Central Coordinating Register, fetched 29 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 | 47 | 59 | 37 | |
| Rank | 949 | 569 | 1,503 | |
| Operating margin | 35.0% | 22.6% | 23.2% | |
| Return on assets | 63.7% | 154.7% | 30.6% | |
| Equity ratio | 18.5% | 48.6% | 3.5% | |
| Current ratio | 0.58 | 1.26 | 1.03 | |
| Revenue growth | – | 3.7% | −22.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (USD). Revenue in NOK is converted from USD at the mean rate for the accounting period 1 January 2025–31 December 2025: 10.3912 (norges_bank). Balance-sheet amounts use the rate on the balance-sheet date. Ratios and growth are computed in USD. Exchange rates at Norges Bank
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 26.7 MUSD | 27.7 MUSD | 21.4 MUSD |
| Operating profit | 9.3 MUSD | 6.3 MUSD | 5.0 MUSD |
| Profit before tax | 25.3 MUSD | 22.9 MUSD | 10.4 MUSD |
| Net profit | 25.2 MUSD | 22.5 MUSD | 10.4 MUSD |
| Financial expenses | 0.0 MUSD | 0.1 MUSD | 0.0 MUSD |
| Total assets | 39.7 MUSD | 14.8 MUSD | 33.9 MUSD |
| Current assets | 18.8 MUSD | 8.7 MUSD | 33.6 MUSD |
| Equity | 7.3 MUSD | 7.2 MUSD | 1.2 MUSD |
| Retained earnings | 7.2 MUSD | 7.0 MUSD | – |
| Total liabilities | 32.3 MUSD | 7.6 MUSD | 32.8 MUSD |
| Current liabilities | 32.3 MUSD | 7.0 MUSD | 32.8 MUSD |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6982510.
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