ESPELIEN AS
Score · fiscal year 2025
57of 100
How to read this: the company is ahead of 64 % of small companies in the same sector in 2025. What does this mean?
Rank: 8,855 of 24,332 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 43 and solidity 83 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
ESPELIEN AS is 7 points above the median for small companies in the same sector in 2025.
Median score 50 among 23,043 companies.
Against small companies in the same sector in 2025: operating margin −93.0% (median 2.0%) and equity ratio 84.1% (median 30.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 2 MNOK |
| Operating margin | −93.0% | 2.0% |
| Profit margin | 48.3% | 1.7% |
| Return on assets | 20.9% | 2.8% |
| Equity ratio | 84.1% | 30.4% |
| Debt-to-equity | 0.19 | 1.16 |
| Current ratio | 5.64 | 1.53 |
| Revenue growth | −39.8% | 4.5% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 57, ESPELIEN AS does better than 64% of small companies in the same sector (23,367 companies) in 2025.
Score 2023–2025
- ESPELIEN AS
- Median: small companies in the same sector
What the numbers say
ESPELIEN AS had an operating margin of −93.0% and an equity ratio of 84.1% in 2025, and ranks 8,855 of 24,332 in Handel.
From 2024 to 2025: the operating margin fell from 16.2% to −93.0% and revenue fell by 40%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 0 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 operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −93.0% (median 2.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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
What the score is made of
| Profitability | 43 | weight 30% |
|---|---|---|
| Solidity | 83 | weight 25% |
| Liquidity | 85 | weight 15% |
| Growth | 12 | weight 15% |
| Consistency | 57 | weight 15% |
Durability: 61 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ESPELIEN AS?
The operating margin was −93.0% in 2025, against a median of 2.0% among small companies in the same sector. Return on assets was 20.9%.
How solid is ESPELIEN AS?
The equity ratio was 84.1% in 2025 (median 30.4%). Debt-to-equity was 0.19 (median 1.16).
What is the liquidity of ESPELIEN AS like?
The current ratio was 5.64 in 2025 (median 1.53).
How does ESPELIEN AS compare in Handel?
ESPELIEN AS ranks 8,855 of 24,332 in Handel for 2025. Among companies of the same size (small companies) it ranks 8,440 of 23,367. Revenue changed by −39.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 829291452
- Legal form
- AS
- Sector
- Handel (46.640)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 15 July 1980 46 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Åsterudkroken 22, 1344 HASLUM (BÆRUM)
- Municipality
- Bærum rank 1–8 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 14 September 2011
- 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
- Chief executive
- Christian Hauan Gundersen
- Chair of the board
- Eddie Berglund
- Board member
- Torbjørn Espelien
- Accountant
- WEFILE 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 56 | 69 | 57 | |
| Rank | 8,297 | 3,455 | 8,855 | |
| Operating margin | −4.9% | 16.2% | −93.0% | |
| Return on assets | −23.2% | 10.6% | 20.9% | |
| Equity ratio | 72.6% | 67.4% | 84.1% | |
| Current ratio | 3.33 | 2.71 | 5.64 | |
| Revenue growth | – | 15.5% | −39.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.2 MNOK | 0.3 MNOK | 0.2 MNOK |
| Operating profit | 0.0 MNOK | 0.0 MNOK | −0.2 MNOK |
| Profit before tax | −0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Net profit | −0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.4 MNOK | 0.4 MNOK | 0.5 MNOK |
| Current assets | 0.4 MNOK | 0.4 MNOK | 0.4 MNOK |
| Equity | 0.3 MNOK | 0.3 MNOK | 0.4 MNOK |
| Retained earnings | 0.2 MNOK | 0.2 MNOK | 0.3 MNOK |
| Total liabilities | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
| Current liabilities | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6861030.
Further
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