EIVIND ENGSETH ENTREPRENØR AS

Org. no. 916835388 · FREDRIKSTAD · Founded 2016 · 57 employees

Score · fiscal year 2024

59of 100

How to read this: the company is ahead of 69 % of medium-sized companies in the same sector in 2024. What does this mean?

Rank: 10,087 of 31,127 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 22 and solidity 76 out of 100 among medium-sized companies in the same sector in 2024. Methodology

Against the sector

EIVIND ENGSETH ENTREPRENØR AS is 9 points above the median for medium-sized companies in the same sector in 2024.

Median score 50 among 1,015 companies.

Against medium-sized companies in the same sector in 2024: operating margin 1.2% (median 4.6%) and equity ratio 45.0% (median 30.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue172 MNOK171 MNOK
Operating margin 1.2% 4.6% 22 %
Profit margin 0.8% 4.8% shown, not part of the index
Return on assets 2.1% 11.1% 21 %
Equity ratio 45.0% 30.4% 76 %
Debt-to-equity 1.22 2.26 76 %
Current ratio 2.34 1.35 90 %
Revenue growth 43.1% 5.7% 87 %
Revenue per employee3.01 MNOK2.96 MNOK

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 59, EIVIND ENGSETH ENTREPRENØR AS does better than 69% of medium-sized companies in the same sector (1,015 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • EIVIND ENGSETH ENTREPRENØR AS
  • Median: medium-sized companies in the same sector
Analysis · 2024

What the numbers say

EIVIND ENGSETH ENTREPRENØR AS had an operating margin of 1.2% and an equity ratio of 45.0% in 2024, and ranks 10,087 of 31,127 in Bygg og anlegg.

From 2023 to 2024: went from a loss to a profit before tax and revenue grew by 43%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 0 MNOK and 47 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.1 MNOK 10.0 11 MNOK
EV/EBIT Operating profit: 2.1 MNOK
minus net debt 16.7 MNOK
8.0 0 MNOK
P/B Equity: 47.3 MNOK 1.0 47 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 · 2024

Worth a closer look

  • 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 1.2% (median 4.6%).

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

Financial costs were 1.4% 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.

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 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability22 weight 30%
Solidity76 weight 25%
Liquidity90 weight 15%
Growth87 weight 15%
Consistency47 weight 15%

Durability: 55 (average over 2 years)

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

2024

Questions and answers

How profitable is EIVIND ENGSETH ENTREPRENØR AS?

The operating margin was 1.2% in 2024, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 2.1%.

How solid is EIVIND ENGSETH ENTREPRENØR AS?

The equity ratio was 45.0% in 2024 (median 30.4%). Debt-to-equity was 1.22 (median 2.26).

What is the liquidity of EIVIND ENGSETH ENTREPRENØR AS like?

The current ratio was 2.34 in 2024 (median 1.35).

How does EIVIND ENGSETH ENTREPRENØR AS compare in Bygg og anlegg?

EIVIND ENGSETH ENTREPRENØR AS ranks 10,087 of 31,127 in Bygg og anlegg for 2024. Among companies of the same size (medium-sized companies) it ranks 312 of 1,015. Revenue changed by 43.1% from the year before.

Public contracts

Contracts awarded since 2024
2
in 1 notices (lots counted separately)
Total awarded value since 2024
value not stated
Framework agreements
2
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
23 September 2024 Sarpsborg kommune Innleie av maskiner/utstyr og entreprenørtjenester value not stated (2 lots) 43000000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
916835388
Legal form
AS
Sector
Bygg og anlegg (43.120)
Size tier
medium
Employees
57 registered 10 September 2026
Founded
23 February 2016 10 years in operation
Share capital
2.01 MNOK
Business address
Elindveien 17, 1667 ROLVSØY (FREDRIKSTAD)
Municipality
Fredrikstad rank 11 of 11 in KOSTRA group 12
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

Chief executive
Inge Engseth
Chair of the board
Inge Engseth
Auditor
SOLHØI REVISJON AS
Accountant
VIEW GROUP 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index515949
Rank14,37710,08717,270
Operating margin−1.5%1.2%1.1%
Return on assets−1.7%2.1%1.7%
Equity ratio39.0%45.0%48.8%
Current ratio2.562.342.46
Revenue growth–43.1%−25.8%

Accounts

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

Key figure202320242025
Operating revenue119.9 MNOK171.6 MNOK127.3 MNOK
Operating profit−1.8 MNOK2.1 MNOK1.4 MNOK
Profit before tax−2.2 MNOK1.4 MNOK0.9 MNOK
Net profit−1.7 MNOK1.1 MNOK0.7 MNOK
Financial expenses0.5 MNOK0.8 MNOK0.7 MNOK
Total assets94.7 MNOK105.0 MNOK97.8 MNOK
Current assets65.7 MNOK73.5 MNOK66.1 MNOK
Equity37.0 MNOK47.3 MNOK47.7 MNOK
Retained earnings19.1 MNOK20.2 MNOK20.9 MNOK
Total liabilities57.8 MNOK57.7 MNOK50.0 MNOK
Current liabilities25.6 MNOK31.5 MNOK26.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6002909.