SOURCE ENERGY AS
Score · fiscal year 2025
22of 100
How to read this: the company is ahead of 4 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 527 of 584 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 1 and solidity 27 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
SOURCE ENERGY AS is 29 points below the median for medium-sized companies in the same sector in 2025.
Median score 51 among 132 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 6.3% |
| Profit margin | – | 6.0% |
| Return on assets | −78.7% | 9.3% |
| Equity ratio | 26.0% | 43.2% |
| Debt-to-equity | 2.85 | 1.17 |
| Current ratio | 1.32 | 1.32 |
| Revenue growth | – | 4.8% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 22, SOURCE ENERGY AS does better than 4% of medium-sized companies in the same sector (132 companies) in 2025.
Score 2023–2025
- SOURCE ENERGY AS
- Median: medium-sized companies in the same sector
What the numbers say
SOURCE ENERGY AS had an operating margin of – and an equity ratio of 26.0% in 2025, and ranks 527 of 584 in Olje og gass.
From 2024 to 2025: went from a profit to a loss before tax and the equity ratio fell from 31.7% to 26.0%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 112 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 112 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 6.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
- watch No revenue but large assets
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
What the score is made of
| Profitability | 1 | weight 30% |
|---|---|---|
| Solidity | 27 | weight 25% |
| Liquidity | 50 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 27 | weight 15% |
Durability: 32 (average over 3 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is SOURCE ENERGY AS?
The operating margin was – in 2025, against a median of 6.3% among medium-sized companies in the same sector. Return on assets was −78.7%. The company made a loss before tax.
How solid is SOURCE ENERGY AS?
The equity ratio was 26.0% in 2025 (median 43.2%). Debt-to-equity was 2.85 (median 1.17).
What is the liquidity of SOURCE ENERGY AS like?
The current ratio was 1.32 in 2025 (median 1.32).
How does SOURCE ENERGY AS compare in Olje og gass?
SOURCE ENERGY AS ranks 527 of 584 in Olje og gass for 2025. Among companies of the same size (medium-sized companies) it ranks 127 of 132.
From the Central Coordinating Register
- Org. no.
- 919886080
- Legal form
- AS
- Sector
- Olje og gass (06.100)
- Size tier
- medium
- Employees
- 11 registered 10 February 2026
- Founded
- 21 October 2017 9 years in operation
- Share capital
- 0.04 MNOK
- Business address
- Dokkveien 1, 0250 OSLO
- Municipality
- Oslo rank 211 of 357 nationally
- 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
- Roar Tessem
- Chair of the board
- Nina Udnes Tronstad
- Board member
- Marit Elise Kirkhusmo
- Board member
- Roar Tessem
- Board member
- Morten Haugen
- Board member
- Bengt Arve Rem
- Deputy member
- Lars Petter Ottem Utseth
- Auditor
- ERNST & YOUNG AS
- Accountant
- ADMENTO 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 | 22 | 53 | 22 | |
| Rank | 496 | 231 | 527 | |
| Operating margin | – | 20.6% | – | |
| Return on assets | −9.3% | 12.6% | −78.7% | |
| Equity ratio | 23.9% | 31.7% | 26.0% | |
| Current ratio | 1.17 | 1.52 | 1.32 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | 348.8 MNOK | – |
| Operating profit | −86.2 MNOK | 72.0 MNOK | −352.7 MNOK |
| Profit before tax | −104.8 MNOK | 63.2 MNOK | −355.0 MNOK |
| Net profit | −44.0 MNOK | 263.7 MNOK | −102.9 MNOK |
| Financial expenses | 27.5 MNOK | 22.3 MNOK | 16.3 MNOK |
| Total assets | 828.4 MNOK | 677.0 MNOK | 430.6 MNOK |
| Current assets | 273.6 MNOK | 393.8 MNOK | 265.8 MNOK |
| Equity | 198.1 MNOK | 214.6 MNOK | 111.8 MNOK |
| Retained earnings | −182.2 MNOK | 73.6 MNOK | −29.3 MNOK |
| Total liabilities | 630.2 MNOK | 462.4 MNOK | 318.9 MNOK |
| Current liabilities | 234.8 MNOK | 259.8 MNOK | 200.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6897288.
Further
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