NOOVA ENERGI SYSTEM AS
Score · fiscal year 2025
56of 100
How to read this: the company is ahead of 72 % of large companies in the same sector in 2025. What does this mean?
Rank: 577 of 1,571 · Kraft og energi
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 59 and solidity 32 out of 100 among large companies in the same sector in 2025. Methodology
Against the sector
NOOVA ENERGI SYSTEM AS is 8 points above the median for large companies in the same sector in 2025.
Median score 48 among 72 companies.
Against large companies in the same sector in 2025: operating margin 3.8% (median 20.8%) and equity ratio 34.1% (median 49.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1,117 MNOK | 2,286 MNOK |
| Operating margin | 3.8% | 20.8% |
| Profit margin | 4.0% | 18.0% |
| Return on assets | 11.9% | 4.5% |
| Equity ratio | 34.1% | 49.5% |
| Debt-to-equity | 1.94 | 1.03 |
| Current ratio | 0.98 | 1.18 |
| Revenue growth | 30.7% | 9.4% |
| Revenue per employee | 29.41 MNOK | 29.91 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 56, NOOVA ENERGI SYSTEM AS does better than 72% of large companies in the same sector (72 companies) in 2025.
Score 2023–2025
- NOOVA ENERGI SYSTEM AS
- Median: large companies in the same sector
NOOVA ENERGI SYSTEM AS has a score of 56 for 2025, rank 577 of 1,571 in the sector.
Strongest: Growth: percentile 90 against peers, revenue growth 30.7% against a median of 9.4%. Consistency: percentile 73 against peers.
Weakest: Solidity: percentile 32 against peers, equity ratio 34.1% against a median of 49.5%. Liquidity: percentile 39 against peers, current ratio 0.98 against a median of 1.18.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.0 times current assets. Based on: current ratio 0.98 (median 1.18).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 30.7% (median 9.4%); current ratio 0.98 (median 1.18).
- What lies behind weak solidity, 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
NOOVA ENERGI SYSTEM AS had an operating margin of 3.8% and an equity ratio of 34.1% in 2025, and ranks 577 of 1,571 in Kraft og energi.
From 2024 to 2025: revenue grew by 31%.
NOOVA ENERGI SYSTEM AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 145 MNOK and 342 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 342 MNOK |
| EV/EBIT | 8.0 | 338 MNOK |
| P/B | 1.0 | 145 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 1.0 times current assets.
Based on: Current ratio 0.98 (median 1.18).
- 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 30.7% (median 9.4%); Current ratio 0.98 (median 1.18).
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
The operating margin was 3.8% in 2025 (sector median 12.6%), and the equity ratio 34.1%. In the other years the operating margin averaged 3.1%.
The sector's weakest year was 2025, with a median operating margin of 12.6%. 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 | 59 | weight 30% |
|---|---|---|
| Solidity | 32 | weight 25% |
| Liquidity | 39 | weight 15% |
| Growth | 90 | weight 15% |
| Consistency | 73 | weight 15% |
Durability: 49 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NOOVA ENERGI SYSTEM AS?
The operating margin was 3.8% in 2025, against a median of 20.8% among large companies in the same sector. Return on assets was 11.9%.
How solid is NOOVA ENERGI SYSTEM AS?
The equity ratio was 34.1% in 2025 (median 49.5%). Debt-to-equity was 1.94 (median 1.03).
What is the liquidity of NOOVA ENERGI SYSTEM AS like?
The current ratio was 0.98 in 2025 (median 1.18). Current assets did not cover current liabilities.
How does NOOVA ENERGI SYSTEM AS compare in Kraft og energi?
NOOVA ENERGI SYSTEM AS ranks 577 of 1,571 in Kraft og energi for 2025. Among companies of the same size (large companies) it ranks 21 of 72. Revenue changed by 30.7% from the year before.
Public contracts
- Contracts awarded since 2024
- 2
- Total awarded value since 2024
- 0.0 MNOK
- 1 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 14 May 2025 | Rogaland fylkeskommune | Kjøp av kraft | 0.0 MNOK |
| 10 February 2025 | Østfoldmuseene | Rammeavtale for levering av strøm | value not stated |
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.
- 918710558
- Legal form
- AS
- Sector
- Kraft og energi (35.150)
- Size tier
- large
- Employees
- 38 registered 10 October 2026
- Founded
- 1 March 2017 9 years in operation
- Share capital
- 37.58 MNOK
- Business address
- Løkkeveien 107, 4007 STAVANGER
- Municipality
- Stavanger rank 5–9 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.noova.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
- Even Gjesdal
- Chair of the board
- Even Gjesdal
- Board member
- Jon Tennebekk Nessa
- Auditor
- PRICEWATERHOUSECOOPERS 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 | 42 | 50 | 56 | |
| Rank | 902 | 744 | 577 | |
| Operating margin | 2.5% | 3.7% | 3.8% | |
| Return on assets | 11.6% | 12.4% | 11.9% | |
| Equity ratio | 30.9% | 37.6% | 34.1% | |
| Current ratio | 0.89 | 0.89 | 0.98 | |
| Revenue growth | – | −11.9% | 30.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 970.0 MNOK | 854.9 MNOK | 1,117.5 MNOK |
| Operating profit | 24.3 MNOK | 32.0 MNOK | 42.0 MNOK |
| Profit before tax | 25.2 MNOK | 33.2 MNOK | 45.1 MNOK |
| Net profit | 18.4 MNOK | 24.8 MNOK | 34.2 MNOK |
| Financial expenses | 12.1 MNOK | 6.5 MNOK | 5.5 MNOK |
| Total assets | 320.5 MNOK | 321.0 MNOK | 426.8 MNOK |
| Current assets | 192.6 MNOK | 175.2 MNOK | 276.4 MNOK |
| Equity | 98.9 MNOK | 120.6 MNOK | 145.4 MNOK |
| Retained earnings | 49.6 MNOK | 71.3 MNOK | 96.1 MNOK |
| Total liabilities | 221.6 MNOK | 200.4 MNOK | 281.5 MNOK |
| Current liabilities | 217.6 MNOK | 197.4 MNOK | 281.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6897464.
Further
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