ECIT NORMANN & Øygarden AS
Score · fiscal year 2025
50of 100
How to read this: the company is ahead of 51 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 149 of 302 · What are Morning company classes?
Place in the whole sector: 846 of 1,670 · Revisjon, regnskap og rådgivning
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 90 and solidity 17 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
ECIT NORMANN & Øygarden AS is 1 points above the median for companies in the Morning class Small in the same sector in 2025.
Median score 49 among 302 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 28.2% (median 9.0%) and equity ratio 4.8% (median 29.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 47 MNOK | 21 MNOK |
| Operating margin | 28.2% | 9.0% |
| Profit margin | 29.2% | 9.9% |
| Return on assets | 62.6% | 20.3% |
| Equity ratio | 4.8% | 29.0% |
| Debt-to-equity | 19.72 | 2.38 |
| Current ratio | 1.01 | 1.32 |
| Revenue growth | 11.0% | 8.1% |
| Revenue per employee | 1.73 MNOK | 1.52 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 50, ECIT NORMANN & Øygarden AS does better than 51% of companies in the Morning class Small in the same sector (302 companies) in 2025.
Score 2023–2025
- ECIT NORMANN & Øygarden AS
- Median: companies in the Morning class Small in the same sector
ECIT NORMANN & Øygarden AS has a score of 50 for 2025, rank 846 of 1,670 in the sector.
Strongest: Profitability: percentile 90 against peers, operating margin 28.2% against a median of 9.0%.
Weakest: Solidity: percentile 17 against peers, equity ratio 4.8% against a median of 29.0%. Liquidity: percentile 19 against peers, current ratio 1.01 against a median of 1.32.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 4.8% (median 29.0%).
- What lies behind weak solidity, and will it last?
- What lies behind weak liquidity, 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
ECIT NORMANN & Øygarden AS had an operating margin of 28.2% and an equity ratio of 4.8% in 2025, and ranks 846 of 1,670 in Revisjon, regnskap og rådgivning.
From 2024 to 2025: the operating margin rose from 24.9% to 28.2% and revenue grew by 11%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 106 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 106 MNOK |
| EV/EBIT | 8.0 | 105 MNOK |
| P/B | 1.0 | 1 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
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 4.8% (median 29.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.1% 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 7.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 90 | weight 30% |
|---|---|---|
| Solidity | 17 | weight 25% |
| Liquidity | 19 | weight 15% |
| Growth | 58 | weight 15% |
| Consistency | 45 | weight 15% |
Durability: 47 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ECIT NORMANN & Øygarden AS?
The operating margin was 28.2% in 2025, against a median of 9.0% among companies in the Morning class Small in the same sector. Return on assets was 62.6%.
How solid is ECIT NORMANN & Øygarden AS?
The equity ratio was 4.8% in 2025 (median 29.0%). Debt-to-equity was 19.72 (median 2.38).
What is the liquidity of ECIT NORMANN & Øygarden AS like?
The current ratio was 1.01 in 2025 (median 1.32).
How does ECIT NORMANN & Øygarden AS compare in Revisjon, regnskap og rådgivning?
ECIT NORMANN & Øygarden AS ranks 846 of 1,670 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Small it is number 149 of 302. Revenue changed by 11.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 919495324
- Legal form
- AS
- Sector
- Revisjon, regnskap og rådgivning (69.202)
- Morning company class
- Small
- Employees
- 27 registered 10 February 2026
- Founded
- 21 August 2017 9 years in operation
- Share capital
- 0.06 MNOK
- Business address
- Strømsbusletta 9P, 4847 ARENDAL
- Municipality
- Arendal rank 5–10 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- LEI
- 984500D89695D54CF629 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
Loading roles …
Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.
- Parent company
- Parent does not consolidate the company
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 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 4 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 45 | 48 | 50 | |
| Rank | 941 | 937 | 846 | |
| Operating margin | 23.8% | 24.9% | 28.2% | |
| Return on assets | 59.5% | 57.7% | 62.6% | |
| Equity ratio | 7.8% | 5.7% | 4.8% | |
| Current ratio | 1.04 | 1.02 | 1.01 | |
| Revenue growth | – | 14.0% | 11.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 36.9 MNOK | 42.0 MNOK | 46.6 MNOK |
| Operating profit | 8.8 MNOK | 10.5 MNOK | 13.1 MNOK |
| Profit before tax | 9.1 MNOK | 11.0 MNOK | 13.6 MNOK |
| Net profit | 7.1 MNOK | 8.6 MNOK | 10.6 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 15.3 MNOK | 19.0 MNOK | 21.8 MNOK |
| Current assets | 14.7 MNOK | 17.4 MNOK | 20.5 MNOK |
| Equity | 1.2 MNOK | 1.1 MNOK | 1.1 MNOK |
| Retained earnings | 0.2 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total liabilities | 14.1 MNOK | 17.9 MNOK | 20.7 MNOK |
| Current liabilities | 14.1 MNOK | 17.1 MNOK | 20.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 4 November 2026, accounts id 6931732.
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