EIDESVIK REACH AS
Score · fiscal year 2024
71of 100
How to read this: the company is ahead of 91 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 53 of 586 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 71 and solidity 71 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
EIDESVIK REACH AS is 25 points above the median for medium-sized companies in the same sector in 2024.
Median score 46 among 167 companies.
Against medium-sized companies in the same sector in 2024: operating margin 39.3% (median 6.2%) and equity ratio 62.2% (median 36.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 134 MNOK | 262 MNOK |
| Operating margin | 39.3% | 6.2% |
| Profit margin | 21.5% | 8.3% |
| Return on assets | 10.1% | 9.2% |
| Equity ratio | 62.2% | 36.8% |
| Debt-to-equity | 0.61 | 1.32 |
| Current ratio | 2.28 | 1.27 |
| Revenue growth | 33.3% | 14.0% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 71, EIDESVIK REACH AS does better than 91% of medium-sized companies in the same sector (167 companies) in 2024.
Score 2023–2025
- EIDESVIK REACH AS
- Median: medium-sized companies in the same sector
What the numbers say
EIDESVIK REACH AS had an operating margin of 39.3% and an equity ratio of 62.2% in 2024, and ranks 53 of 586 in Olje og gass.
From 2023 to 2024: revenue grew by 33% and the operating margin fell from 41.5% to 39.3%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 254 MNOK and 302 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 289 MNOK |
| EV/EBIT | 8.0 | 302 MNOK |
| P/B | 1.0 | 254 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 8.1% of the debt in 2024. The policy rate averaged 4.50 % 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
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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 71 | weight 30% |
|---|---|---|
| Solidity | 71 | weight 25% |
| Liquidity | 78 | weight 15% |
| Growth | 74 | weight 15% |
| Consistency | 62 | weight 15% |
Durability: 71 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is EIDESVIK REACH AS?
The operating margin was 39.3% in 2024, against a median of 6.2% among medium-sized companies in the same sector. Return on assets was 10.1%.
How solid is EIDESVIK REACH AS?
The equity ratio was 62.2% in 2024 (median 36.8%). Debt-to-equity was 0.61 (median 1.32).
What is the liquidity of EIDESVIK REACH AS like?
The current ratio was 2.28 in 2024 (median 1.27).
How does EIDESVIK REACH AS compare in Olje og gass?
EIDESVIK REACH AS ranks 53 of 586 in Olje og gass for 2024. Among companies of the same size (medium-sized companies) it ranks 16 of 167. Revenue changed by 33.3% from the year before.
From the Central Coordinating Register
- Org. no.
- 830343342
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 1 November 2022 3 years in operation
- Share capital
- 0.06 MNOK
- Business address
- Vestvikvegen 1, 5443 BØMLO
- Municipality
- Bømlo rank 2 of 13 in KOSTRA group 8
- 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
- Helga Cotgrove
- Board member
- Jostein Alendal
- Auditor
- ERNST & YOUNG 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 | 71 | 71 | 61 | |
| Rank | 68 | 53 | 157 | |
| Operating margin | 41.5% | 39.3% | 33.1% | |
| Return on assets | 12.0% | 10.1% | 14.5% | |
| Equity ratio | 58.5% | 62.2% | 64.8% | |
| Current ratio | 5.41 | 2.28 | 1.01 | |
| Revenue growth | – | 33.3% | 2.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 100.6 MNOK | 134.0 MNOK | 136.7 MNOK |
| Operating profit | 41.8 MNOK | 52.7 MNOK | 45.2 MNOK |
| Profit before tax | 33.7 MNOK | 28.9 MNOK | 49.9 MNOK |
| Net profit | 33.7 MNOK | 28.9 MNOK | 49.9 MNOK |
| Financial expenses | 12.4 MNOK | 12.5 MNOK | 9.2 MNOK |
| Total assets | 384.4 MNOK | 408.0 MNOK | 407.2 MNOK |
| Current assets | 53.8 MNOK | 48.1 MNOK | 78.4 MNOK |
| Equity | 225.0 MNOK | 253.9 MNOK | 263.7 MNOK |
| Retained earnings | 33.6 MNOK | 62.5 MNOK | 72.4 MNOK |
| Total liabilities | 159.3 MNOK | 154.1 MNOK | 143.5 MNOK |
| Current liabilities | 9.9 MNOK | 21.1 MNOK | 77.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5997555.
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