Ødegårds AS

Org. no. 897731592 · Ålesund · Founded 2011

Score · fiscal year 2023

61of 100

How to read this: the company is ahead of 71 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 1,524 of 5,331 · What are Morning company classes?
Place in the whole sector: 1,890 of 6,744 · Eiendom

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 48 and solidity 61 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Ødegårds AS is 12 points above the median for companies in the Morning class Micro in the same sector in 2023.

Median score 49 among 5,331 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin 51.6% (median 46.4%) and equity ratio 38.2% (median 26.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue1 MNOK2 MNOK
Operating margin 51.6% 46.4% 56 %
Profit margin 23.8% 21.7% shown, not part of the index
Return on assets 5.6% 6.9% 41 %
Equity ratio 38.2% 26.3% 62 %
Debt-to-equity 1.62 2.39 59 %
Current ratio 5.34 1.41 82 %
Revenue growth – 6.5% not compared

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

With an index of 61, Ødegårds AS does better than 71% of companies in the Morning class Micro in the same sector (5,331 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Ødegårds AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2023

What the numbers say

Ødegårds AS had an operating margin of 51.6% and an equity ratio of 38.2% in 2023, and ranks 1,890 of 6,744 in Eiendom.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 2 MNOK and 5 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.2 MNOK 10.0 2 MNOK
EV/EBIT Operating profit: 0.6 MNOK
minus net debt 6.4 MNOK
8.0 debt above value
P/B Equity: 4.6 MNOK 1.0 5 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

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 5.2% of the debt in 2023. The policy rate averaged 3.54 % 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.

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 31.0%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability48 weight 30%
Solidity61 weight 25%
Liquidity82 weight 15%
Growth– no data, left out
Consistency65 weight 15%

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

2023

Questions and answers

How profitable is Ødegårds AS?

The operating margin was 51.6% in 2023, against a median of 46.4% among companies in the Morning class Micro in the same sector. Return on assets was 5.6%.

How solid is Ødegårds AS?

The equity ratio was 38.2% in 2023 (median 26.3%). Debt-to-equity was 1.62 (median 2.39).

What is the liquidity of Ødegårds AS like?

The current ratio was 5.34 in 2023 (median 1.41).

How does Ødegårds AS compare in Eiendom?

Ødegårds AS ranks 1,890 of 6,744 in Eiendom for 2023. Among companies in the Morning class Micro it is number 1,524 of 5,331.

From the Central Coordinating Register

Org. no.
897731592
Legal form
AS
Sector
Eiendom (68.200)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
22 September 2011 15 years in operation
Share capital
0.51 MNOK
Business address
Puskhola 6, 6012 ÅLESUND
Municipality
Ålesund rank 2–6 of 10 in KOSTRA group 11
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

Loading roles …

Source: Central Coordinating Register, fetched 2 November 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.

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Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index6193–
Rank1,89015–
Operating margin51.6%96.7%−106.5%
Return on assets5.6%90.8%1.4%
Equity ratio38.2%77.9%81.1%
Current ratio5.3414.5616.48
Revenue growth–1,400.8%−98.8%

Accounts

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

Key figure202320242025
Operating revenue1.2 MNOK18.4 MNOK0.2 MNOK
Operating profit0.6 MNOK17.8 MNOK−0.2 MNOK
Profit before tax0.3 MNOK17.7 MNOK0.2 MNOK
Net profit0.2 MNOK13.8 MNOK0.2 MNOK
Financial expenses0.4 MNOK0.3 MNOK0.0 MNOK
Total assets12.0 MNOK19.8 MNOK18.8 MNOK
Current assets0.9 MNOK12.1 MNOK11.1 MNOK
Equity4.6 MNOK15.4 MNOK15.2 MNOK
Retained earnings2.6 MNOK14.9 MNOK14.7 MNOK
Total liabilities7.4 MNOK4.4 MNOK3.5 MNOK
Current liabilities0.2 MNOK0.8 MNOK0.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 5145947.

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