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E.A. SMITH AS

Org. no. 816051142 · TRONDHEIM · Founded 1914 · 744 employees

Score · fiscal year 2023

33of 100

How to read this: the company is ahead of 16 % of large companies in the same sector in 2023. What does this mean?

Rank: 15,896 of 21,439 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 4 and solidity 37 out of 100 among large companies in the same sector in 2023. Methodology

Against the sector

E.A. SMITH AS is 15 points below the median for large companies in the same sector in 2023.

Median score 48 among 138 companies.

Against large companies in the same sector in 2023: operating margin −2.8% (median 1.9%) and equity ratio 25.9% (median 30.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue3,563 MNOK2,133 MNOK
Operating margin −2.8% 1.9% 3 %
Profit margin −3.5% 2.0% shown, not part of the index
Return on assets −2.4% 7.3% 5 %
Equity ratio 25.9% 30.2% 37 %
Debt-to-equity 2.86 2.29 36 %
Current ratio 1.26 1.24 53 %
Revenue growth – 13.5% not compared
Revenue per employee4.79 MNOK20.59 MNOK

The median and “ahead of” refer to large companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 33, E.A. SMITH AS does better than 16% of large companies in the same sector (138 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • E.A. SMITH AS
  • Median: large companies in the same sector
Analysis · 2023

What the numbers say

E.A. SMITH AS had an operating margin of −2.8% and an equity ratio of 25.9% in 2023, and ranks 15,896 of 21,439 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 573 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −98.6 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −100.7 MNOK 8.0 not meaningful
P/B Equity: 572.9 MNOK 1.0 573 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

Indications · 2023

Worth a closer look

  • watch

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

    Based on: Profit margin −3.5% (median 2.0%).

  • 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 −2.8% (median 1.9%).

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

Data quality

No anomalies found in the figures.

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 0.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability4 weight 30%
Solidity37 weight 25%
Liquidity53 weight 15%
Growth– no data, left out
Consistency63 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is E.A. SMITH AS?

The operating margin was −2.8% in 2023, against a median of 1.9% among large companies in the same sector. Return on assets was −2.4%. The company made a loss before tax.

How solid is E.A. SMITH AS?

The equity ratio was 25.9% in 2023 (median 30.2%). Debt-to-equity was 2.86 (median 2.29).

What is the liquidity of E.A. SMITH AS like?

The current ratio was 1.26 in 2023 (median 1.24).

How does E.A. SMITH AS compare in Handel?

E.A. SMITH AS ranks 15,896 of 21,439 in Handel for 2023. Among companies of the same size (large companies) it ranks 116 of 138.

Group accounts · 2025

27 of 100

Rank 453 of 506 groups with group accounts. Groups are ranked only against each other, not against single companies.

Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2023)
Operating margin−1.5% –
Return on assets−1.6% –
Equity ratio30.1% –
Current ratio1.04 –
Revenue growth2.0% –

Group index in earlier years: 2023: 28 (563 of 662), 2024: 30 (449 of 535).

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.

Public contracts

Contracts awarded since 2024
2
Total awarded value since 2024
value not stated
2 contracts without a stated value are not in the total.
DateBuyerNotice ValueCPV
13 February 2025 NTNU Rammeavtale Stål og Metaller value not stated 14000000
6 January 2025 Ålesund kommune Anskaffelse - Byggevarer og festemateriell - Ålesund Øst og Vest, 2024 value not stated 03400000
14 July 2023 Aurskog-Høland kommune Byggevarer value not stated 44190000
28 January 2021 NTNU Rammeavtale Stål og Metaller value not stated 14000000
18 December 2020 Ålesund kommune Anskaffelse - Byggevarer og festemateriell, 2020 - Område Øst value not stated 44000000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
816051142
Legal form
AS · part of a group
Sector
Handel (46.830)
Size tier
large
Employees
744 registered 10 October 2026
Founded
12 May 1914 112 years in operation
Share capital
39.08 MNOK
Business address
Heggstadmoen 13, 7080 HEIMDAL (TRONDHEIM)
Municipality
Trondheim rank 5–9 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
smith.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

Ownership and roles

Chief executive
Arne Reinertsen
Chair of the board
Trond Reime Reinertsen
Board member
Ingerid Reime Reinertsen
Board member
Arne Reinertsen
Board member
Erik Hagen
Board member
Maren Stenset Furutangvik
Board member
Liv Therese Andersen
Board member
Ketil Solberg
Board member
Harald Reinertsen
Deputy member
Sverre Stavseth
Deputy member
Terje Søsveen
Deputy member
Henny-Marlen Fonn-Gifstad
Deputy member
Espen Uran
Auditor
DELOITTE AS
Accountant
VISMA ENTERPRISE 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index332523
Rank15,89619,67921,119
Operating margin−2.8%−3.8%−2.6%
Return on assets−2.4%−3.7%−2.4%
Equity ratio25.9%23.0%22.0%
Current ratio1.261.051.02
Revenue growth–1.0%1.3%

Accounts

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

Key figure202320242025
Operating revenue3,563.4 MNOK3,599.0 MNOK3,645.0 MNOK
Operating profit−100.7 MNOK−137.8 MNOK−94.9 MNOK
Profit before tax−123.6 MNOK−180.6 MNOK−146.6 MNOK
Net profit−98.6 MNOK−141.1 MNOK−112.9 MNOK
Financial expenses70.3 MNOK84.2 MNOK90.7 MNOK
Total assets2,213.3 MNOK2,615.2 MNOK2,347.1 MNOK
Current assets1,170.6 MNOK1,111.6 MNOK999.3 MNOK
Equity572.9 MNOK602.6 MNOK517.5 MNOK
Retained earnings491.9 MNOK521.6 MNOK436.4 MNOK
Total liabilities1,640.4 MNOK2,012.6 MNOK1,829.7 MNOK
Current liabilities926.3 MNOK1,053.7 MNOK976.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5389327.

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