Pecunia Eiendom AS
Score · fiscal year 2025
31of 100
How to read this: the company is ahead of 10 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 1,101 of 1,223 · What are Morning company classes?
Place in the whole sector: 6,300 of 7,148 · Eiendom
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 8 and solidity 65 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Pecunia Eiendom AS is 18 points below the median for companies in the Morning class Small in the same sector in 2025.
Median score 49 among 1,223 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin −60.0% (median 41.6%) and equity ratio 41.7% (median 28.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 42 MNOK | 17 MNOK |
| Operating margin | −60.0% | 41.6% |
| Profit margin | −54.1% | 19.6% |
| Return on assets | 1.3% | 8.0% |
| Equity ratio | 41.7% | 28.1% |
| Debt-to-equity | 1.40 | 2.32 |
| Current ratio | 0.53 | 1.27 |
| Revenue growth | −4.5% | 3.3% |
| Revenue per employee | 2.60 MNOK | 2.09 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 31, Pecunia Eiendom AS does better than 10% of companies in the Morning class Small in the same sector (1,223 companies) in 2025.
Score 2023–2025
- Pecunia Eiendom AS
- Median: companies in the Morning class Small in the same sector
Pecunia Eiendom AS has a score of 31 for 2025, rank 6,300 of 7,148 in the sector.
Strongest: Solidity: percentile 65 against peers, equity ratio 41.7% against a median of 28.1%.
Weakest: Profitability: percentile 8 against peers, operating margin −60.0% against a median of 41.6%. Growth: percentile 19 against peers, revenue growth −4.5% against a median of 3.3%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.9 times current assets. Based on: current ratio 0.53 (median 1.27).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −54.1% (median 19.6%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −60.0% (median 41.6%).
- What lies behind weak profitability, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Pecunia Eiendom AS had an operating margin of −60.0% and an equity ratio of 41.7% in 2025, and ranks 6,300 of 7,148 in Eiendom.
From 2024 to 2025: the operating margin fell from −13.1% to −60.0% and the equity ratio fell from 50.1% to 41.7%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 1,351 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 1,351 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
Consider strengthening liquidity: current liabilities are 1.9 times current assets.
Based on: Current ratio 0.53 (median 1.27).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −54.1% (median 19.6%).
- 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 −60.0% (median 41.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.4% 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.
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 31.1%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 8 | weight 30% |
|---|---|---|
| Solidity | 65 | weight 25% |
| Liquidity | 25 | weight 15% |
| Growth | 19 | weight 15% |
| Consistency | 36 | weight 15% |
Durability: 39 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Pecunia Eiendom AS?
The operating margin was −60.0% in 2025, against a median of 41.6% among companies in the Morning class Small in the same sector. Return on assets was 1.3%. The company made a loss before tax.
How solid is Pecunia Eiendom AS?
The equity ratio was 41.7% in 2025 (median 28.1%). Debt-to-equity was 1.40 (median 2.32).
What is the liquidity of Pecunia Eiendom AS like?
The current ratio was 0.53 in 2025 (median 1.27). Current assets did not cover current liabilities.
How does Pecunia Eiendom AS compare in Eiendom?
Pecunia Eiendom AS ranks 6,300 of 7,148 in Eiendom for 2025. Among companies in the Morning class Small it is number 1,101 of 1,223. Revenue changed by −4.5% 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.
- 913973089
- Legal form
- AS · part of a group
- Sector
- Eiendom (68.320)
- Morning company class
- Small
- Employees
- 16 registered 10 June 2026
- Founded
- 4 October 1934 92 years in operation
- Share capital
- 21.85 MNOK
- Business address
- Olav Vs gate 5, 0161 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- LEI
- 254900K1XCNCYIESV785 not renewed (lapsed)
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
- Hans Thomas Knudtzon
- Chair of the board
- Petter Fredrik Neslein
- Board member
- Thomas Fredrik Werring Neslein
- Auditor
- BDO AS
Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
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 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 43 | 43 | 31 | |
| Rank | 4,152 | 4,579 | 6,300 | |
| Operating margin | −34.0% | −13.1% | −60.0% | |
| Return on assets | 2.5% | 1.4% | 1.3% | |
| Equity ratio | 44.7% | 50.1% | 41.7% | |
| Current ratio | 0.66 | 0.63 | 0.53 | |
| Revenue growth | – | 8.2% | −4.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 40.3 MNOK | 43.6 MNOK | 41.6 MNOK |
| Operating profit | −13.7 MNOK | −5.7 MNOK | −25.0 MNOK |
| Profit before tax | 6.1 MNOK | −52.2 MNOK | −22.5 MNOK |
| Net profit | 5.7 MNOK | −46.1 MNOK | −18.8 MNOK |
| Financial expenses | 79.2 MNOK | 93.1 MNOK | 64.6 MNOK |
| Total assets | 3,446.7 MNOK | 2,982.9 MNOK | 3,240.4 MNOK |
| Current assets | 1,268.1 MNOK | 931.3 MNOK | 1,001.6 MNOK |
| Equity | 1,539.4 MNOK | 1,493.3 MNOK | 1,350.7 MNOK |
| Retained earnings | 1,208.9 MNOK | 1,162.8 MNOK | 1,020.2 MNOK |
| Total liabilities | 1,907.3 MNOK | 1,489.6 MNOK | 1,889.7 MNOK |
| Current liabilities | 1,907.3 MNOK | 1,489.6 MNOK | 1,889.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7210318.
Further
Similar companies
- Eiksveien 108 AS index 31, rank 6,284 · compare
- Smarte Boliger AS index 31, rank 6,286 · compare
- Eliløkken Sjøside AS index 31, rank 6,293 · compare
- Sverdrupsgate 27 Eiendom AS index 31, rank 6,301 · compare
- Husvikholmen 6 AS index 31, rank 6,310 · compare