WAVZ ENGINEERING SERVICES AS

Org. no. 918844937 · ASKER · Founded 2017

Score · fiscal year 2024

55of 100

How to read this: the company is ahead of 62 % of small companies in the same sector in 2024. What does this mean?

Rank: 209 of 586 · Olje og gass

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 64 and solidity 45 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

WAVZ ENGINEERING SERVICES AS is 5 points above the median for small companies in the same sector in 2024.

Median score 50 among 310 companies.

Against small companies in the same sector in 2024: operating margin 6.5% (median 4.6%) and equity ratio 52.5% (median 52.2%).

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 revenue2 MNOK3 MNOK
Operating margin 6.5% 4.6% 56 %
Profit margin 6.5% 10.2% shown, not part of the index
Return on assets 15.3% 3.7% 72 %
Equity ratio 52.5% 52.2% 51 %
Debt-to-equity 0.90 0.42 38 %
Current ratio 2.11 1.76 55 %
Revenue growth −0.7% 3.9% 43 %

The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 55, WAVZ ENGINEERING SERVICES AS does better than 62% of small companies in the same sector (311 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • WAVZ ENGINEERING SERVICES AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

WAVZ ENGINEERING SERVICES AS had an operating margin of 6.5% and an equity ratio of 52.5% in 2024, and ranks 209 of 586 in Olje og gass.

From 2023 to 2024: went from a loss to a profit before tax and the operating margin rose from −0.8% to 6.5%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 0 MNOK and 2 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.1 MNOK 10.0 1 MNOK
EV/EBIT Operating profit: 0.1 MNOK
minus net debt −0.8 MNOK
8.0 2 MNOK
P/B Equity: 0.5 MNOK 1.0 0 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

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.

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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability64 weight 30%
Solidity45 weight 25%
Liquidity55 weight 15%
Growth43 weight 15%
Consistency66 weight 15%

Durability: 50 (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 WAVZ ENGINEERING SERVICES AS?

The operating margin was 6.5% in 2024, against a median of 4.6% among small companies in the same sector. Return on assets was 15.3%.

How solid is WAVZ ENGINEERING SERVICES AS?

The equity ratio was 52.5% in 2024 (median 52.2%). Debt-to-equity was 0.90 (median 0.42).

What is the liquidity of WAVZ ENGINEERING SERVICES AS like?

The current ratio was 2.11 in 2024 (median 1.76).

How does WAVZ ENGINEERING SERVICES AS compare in Olje og gass?

WAVZ ENGINEERING SERVICES AS ranks 209 of 586 in Olje og gass for 2024. Among companies of the same size (small companies) it ranks 120 of 311. Revenue changed by −0.7% from the year before.

From the Central Coordinating Register

Org. no.
918844937
Legal form
AS
Sector
Olje og gass (09.109)
Size tier
small
Employees
0–4 (not registered)
Founded
15 March 2017 9 years in operation
Share capital
0.03 MNOK
Business address
Røykåsveien 10, 3475 SÆTRE (ASKER)
Municipality
Asker rank 2 of 11 in KOSTRA group 12
Audit
Audit opted out from 7 April 2017
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
Rajeswary Ramasamy
Chair of the board
Vincent David Harsanje
Board member
Rajeswary Ramasamy
Accountant
EIDISSEN MERKANTIL 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index445540
Rank328209388
Operating margin−0.8%6.5%−6.9%
Return on assets−2.0%15.3%−17.3%
Equity ratio40.8%52.5%37.8%
Current ratio1.692.111.58
Revenue growth–−0.7%3.8%

Accounts

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

Key figure202320242025
Operating revenue2.2 MNOK2.2 MNOK2.3 MNOK
Operating profit0.0 MNOK0.1 MNOK−0.2 MNOK
Profit before tax0.0 MNOK0.1 MNOK−0.2 MNOK
Net profit0.0 MNOK0.1 MNOK−0.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.9 MNOK0.9 MNOK0.9 MNOK
Current assets0.9 MNOK0.9 MNOK0.9 MNOK
Equity0.4 MNOK0.5 MNOK0.3 MNOK
Retained earnings0.3 MNOK0.5 MNOK0.3 MNOK
Total liabilities0.5 MNOK0.4 MNOK0.6 MNOK
Current liabilities0.5 MNOK0.4 MNOK0.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5518305.