X Eiendomsutvikling AS

Org. no. 911925168 · Gol · Founded 2013

Score · fiscal year 2025

53of 100

How to read this: the company is ahead of 60 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 2,257 of 5,647 · What are Morning company classes?
Place in the whole sector: 2,869 of 7,174 · Eiendom

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 77 and solidity 35 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

X Eiendomsutvikling AS is 4 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 49 among 5,646 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 75.0% (median 48.2%) and equity ratio 17.4% (median 27.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue1 MNOK2 MNOK
Operating margin 75.0% 48.2% 85 %
Profit margin 44.1% 23.7% shown, not part of the index
Return on assets 12.1% 7.8% 69 %
Equity ratio 17.4% 27.0% 38 %
Debt-to-equity 4.75 2.20 32 %
Current ratio 0.00 1.41 1 %
Revenue growth 65.9% 3.0% 89 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 53, X Eiendomsutvikling AS does better than 60% of companies in the Morning class Micro in the same sector (5,647 companies) in 2025.

Over time

Score over time

Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.

Summary analysis

X Eiendomsutvikling AS has a score of 53 for 2025, rank 2,869 of 7,174 in the sector.

Strongest: Growth: percentile 89 against peers, revenue growth 65.9% against a median of 3.0%. Profitability: percentile 77 against peers, operating margin 75.0% against a median of 48.2%.

Weakest: Liquidity: percentile 1 against peers, current ratio 0.00 against a median of 1.41. Solidity: percentile 35 against peers, equity ratio 17.4% against a median of 27.0%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

X Eiendomsutvikling AS had an operating margin of 75.0% and an equity ratio of 17.4% in 2025, and ranks 2,869 of 7,174 in Eiendom.

From 2024 to 2025: revenue grew by 66% and the operating margin fell from 84.6% to 75.0%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 5 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.5 MNOK 10.0 5 MNOK
EV/EBIT Operating profit: 1.1 MNOK
minus net debt 6.3 MNOK
8.0 2 MNOK
P/B Equity: 1.7 MNOK 1.0 2 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 · 2025

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 326.6 times current assets.

    Based on: Current ratio 0.00 (median 1.41).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 65.9% (median 3.0%); Current ratio 0.00 (median 1.41).

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

Financial costs were 6.8% of the debt in 2025. The policy rate averaged 4.30 % 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 · 2025

What the score is made of

Profitability77 weight 30%
Solidity35 weight 25%
Liquidity1 weight 15%
Growth89 weight 15%
Consistency55 weight 15%

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is X Eiendomsutvikling AS?

The operating margin was 75.0% in 2025, against a median of 48.2% among companies in the Morning class Micro in the same sector. Return on assets was 12.1%.

How solid is X Eiendomsutvikling AS?

The equity ratio was 17.4% in 2025 (median 27.0%). Debt-to-equity was 4.75 (median 2.20).

What is the liquidity of X Eiendomsutvikling AS like?

The current ratio was 0.00 in 2025 (median 1.41). Current assets did not cover current liabilities.

How does X Eiendomsutvikling AS compare in Eiendom?

X Eiendomsutvikling AS ranks 2,869 of 7,174 in Eiendom for 2025. Among companies in the Morning class Micro it is number 2,257 of 5,647. Revenue changed by 65.9% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

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.

From the Central Coordinating Register

Org. no.
911925168
Legal form
AS · part of a group
Sector
Eiendom (68.200)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
8 April 2013 13 years in operation
Share capital
0.60 MNOK
Business address
Furujordet 27, 3550 GOL
Municipality
Gol rank 10–24 of 33 in KOSTRA group 5
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
Index––53
Rank––2,869
Operating margin80.4%84.6%75.0%
Return on assets6.9%8.1%12.1%
Equity ratio20.4%20.0%17.4%
Current ratio0.040.150.00
Revenue growth–15.9%65.9%

Accounts

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

Key figure202320242025
Operating revenue0.7 MNOK0.9 MNOK1.4 MNOK
Operating profit0.6 MNOK0.7 MNOK1.1 MNOK
Profit before tax0.1 MNOK0.2 MNOK0.6 MNOK
Net profit0.1 MNOK0.2 MNOK0.5 MNOK
Financial expenses0.5 MNOK0.6 MNOK0.6 MNOK
Total assets9.9 MNOK10.1 MNOK9.9 MNOK
Current assets0.0 MNOK0.2 MNOK0.0 MNOK
Equity2.0 MNOK2.0 MNOK1.7 MNOK
Retained earnings1.4 MNOK1.4 MNOK1.1 MNOK
Total liabilities7.9 MNOK8.1 MNOK8.2 MNOK
Current liabilities1.0 MNOK1.5 MNOK1.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7157593.

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