KAEFER ENERGY AS
Score · fiscal year 2023
54of 100
How to read this: the company is ahead of 59 % of large companies in the same sector in 2023. What does this mean?
Rank: 227 of 565 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 42 and solidity 46 out of 100 among large companies in the same sector in 2023. Methodology
Against the sector
KAEFER ENERGY AS is 4 points above the median for large companies in the same sector in 2023.
Median score 50 among 71 companies.
Against large companies in the same sector in 2023: operating margin 5.4% (median 9.9%) and equity ratio 28.4% (median 30.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2,393 MNOK | 2,393 MNOK |
| Operating margin | 5.4% | 9.9% |
| Profit margin | 5.7% | 11.2% |
| Return on assets | 14.0% | 14.5% |
| Equity ratio | 28.4% | 30.5% |
| Debt-to-equity | 2.51 | 2.19 |
| Current ratio | 1.21 | 1.10 |
| Revenue growth | – | 12.6% |
| Revenue per employee | 1.33 MNOK | 4.00 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 54, KAEFER ENERGY AS does better than 59% of large companies in the same sector (71 companies) in 2023.
Score 2023–2025
- KAEFER ENERGY AS
- Median: large companies in the same sector
What the numbers say
KAEFER ENERGY AS had an operating margin of 5.4% and an equity ratio of 28.4% in 2023, and ranks 227 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 284 MNOK and 1,289 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,074 MNOK |
| EV/EBIT | 8.0 | 1,289 MNOK |
| P/B | 1.0 | 284 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.
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 | 42 | weight 30% |
|---|---|---|
| Solidity | 46 | weight 25% |
| Liquidity | 62 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 83 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is KAEFER ENERGY AS?
The operating margin was 5.4% in 2023, against a median of 9.9% among large companies in the same sector. Return on assets was 14.0%.
How solid is KAEFER ENERGY AS?
The equity ratio was 28.4% in 2023 (median 30.5%). Debt-to-equity was 2.51 (median 2.19).
What is the liquidity of KAEFER ENERGY AS like?
The current ratio was 1.21 in 2023 (median 1.10).
How does KAEFER ENERGY AS compare in Olje og gass?
KAEFER ENERGY AS ranks 227 of 565 in Olje og gass for 2023. Among companies of the same size (large companies) it ranks 30 of 71.
From the Central Coordinating Register
- Org. no.
- 910608193
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- large
- Employees
- 1,799 registered 10 September 2026
- Founded
- 31 August 1977 49 years in operation
- Share capital
- 2.72 MNOK
- Business address
- Geitaberget 17, 4031 STAVANGER
- Municipality
- Stavanger rank 4 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.kaefer.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
- Bård Bjørshol
- Chair of the board
- Udo Giesen
- Board member
- Andrew Johnny Leknesund
- Board member
- Jens Evert Paul Hermansson
- Board member
- Claudia Eckert
- Deputy member
- Atle Forfang Rostad
- Deputy member
- Reidar Nilsen
- Auditor
- ERNST & YOUNG 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 | 54 | 50 | 55 | |
| Rank | 227 | 275 | 223 | |
| Operating margin | 5.4% | 6.6% | 6.9% | |
| Return on assets | 14.0% | 16.2% | 17.8% | |
| Equity ratio | 28.4% | 26.6% | 19.2% | |
| Current ratio | 1.21 | 1.14 | 1.07 | |
| Revenue growth | – | 7.3% | 36.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2,393.0 MNOK | 2,567.1 MNOK | 3,510.9 MNOK |
| Operating profit | 129.4 MNOK | 168.4 MNOK | 240.9 MNOK |
| Profit before tax | 137.5 MNOK | 178.7 MNOK | 256.0 MNOK |
| Net profit | 107.4 MNOK | 140.5 MNOK | 201.3 MNOK |
| Financial expenses | 2.2 MNOK | 2.4 MNOK | 7.4 MNOK |
| Total assets | 999.2 MNOK | 1,118.5 MNOK | 1,483.2 MNOK |
| Current assets | 816.0 MNOK | 873.4 MNOK | 1,131.6 MNOK |
| Equity | 284.3 MNOK | 297.0 MNOK | 285.2 MNOK |
| Retained earnings | 279.8 MNOK | 292.5 MNOK | 280.7 MNOK |
| Total liabilities | 714.9 MNOK | 821.5 MNOK | 1,198.0 MNOK |
| Current liabilities | 676.9 MNOK | 765.2 MNOK | 1,053.5 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5063747.
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