ENERGY DUCHESS AS
Score · fiscal year 2025
42of 100
How to read this: the company is ahead of 34 % of small companies in the same sector in 2025. What does this mean?
Rank: 1,351 of 2,035 · Sjøfart
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 82 and solidity 0 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
ENERGY DUCHESS AS is 8 points below the median for small companies in the same sector in 2025.
Median score 50 among 1,469 companies.
Against small companies in the same sector in 2025: operating margin 32.9% (median 8.4%) and equity ratio −95.0% (median 51.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 81 MNOK | 5 MNOK |
| Operating margin | 32.9% | 8.4% |
| Profit margin | −0.2% | 9.2% |
| Return on assets | 30.1% | 3.4% |
| Equity ratio | −95.0% | 51.1% |
| Debt-to-equity | – | 0.67 |
| Current ratio | 0.04 | 1.77 |
| Revenue growth | 71.1% | 1.2% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 42, ENERGY DUCHESS AS does better than 34% of small companies in the same sector (1,476 companies) in 2025.
Score 2023–2025
- ENERGY DUCHESS AS
- Median: small companies in the same sector
ENERGY DUCHESS AS has a score of 42 for 2025, rank 1,351 of 2,035 in the sector.
Strongest: Growth: percentile 88 against peers, revenue growth 71.1% against a median of 1.2%. Profitability: percentile 82 against peers, operating margin 32.9% against a median of 8.4%.
Weakest: Solidity: percentile 0 against peers, equity ratio −95.0% against a median of 51.1%. Liquidity: percentile 6 against peers, current ratio 0.04 against a median of 1.77.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −95.0% (median 51.1%).
- Consider strengthening liquidity: current liabilities are 28.4 times current assets. Based on: current ratio 0.04 (median 1.77).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −0.2% (median 9.2%).
- 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
ENERGY DUCHESS AS had an operating margin of 32.9% and an equity ratio of −95.0% in 2025, and ranks 1,351 of 2,035 in Sjøfart.
From 2024 to 2025: the operating margin rose from 0.2% to 32.9% and revenue grew by 71%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 81 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 81 MNOK |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −95.0% (median 51.1%).
- critical
Consider strengthening liquidity: current liabilities are 28.4 times current assets.
Based on: Current ratio 0.04 (median 1.77).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −0.2% (median 9.2%).
- 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 71.1% (median 1.2%); Current ratio 0.04 (median 1.77).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 15.5% 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.
Data quality
- critical Negative equity
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 6.1%. 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 | 82 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 6 | weight 15% |
| Growth | 88 | weight 15% |
| Consistency | 19 | weight 15% |
Durability: 31 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ENERGY DUCHESS AS?
The operating margin was 32.9% in 2025, against a median of 8.4% among small companies in the same sector. Return on assets was 30.1%. The company made a loss before tax.
How solid is ENERGY DUCHESS AS?
The equity ratio was −95.0% in 2025 (median 51.1%). Equity is negative, so liabilities exceed assets.
What is the liquidity of ENERGY DUCHESS AS like?
The current ratio was 0.04 in 2025 (median 1.77). Current assets did not cover current liabilities.
How does ENERGY DUCHESS AS compare in Sjøfart?
ENERGY DUCHESS AS ranks 1,351 of 2,035 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 977 of 1,476. Revenue changed by 71.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 922404666
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 28 February 2019 7 years in operation
- Share capital
- 0.03 MNOK
- Business address
- St Olavs plass 1, 6002 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- LEI
- 549300Y60XLYNRDNXL83 renews 17 October 2027
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
- Per Ivar Fagervoll
- Chair of the board
- Per Ivar Fagervoll
- Auditor
- TELL NORGE AS
- Accountant
- AZETS INSIGHT AS
Source: Central Coordinating Register, fetched 29 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 | 33 | 18 | 42 | |
| Rank | 1,393 | 1,774 | 1,351 | |
| Operating margin | 34.8% | 0.2% | 32.9% | |
| Return on assets | 17.7% | 0.5% | 30.1% | |
| Equity ratio | −58.3% | −82.7% | −95.0% | |
| Current ratio | 0.19 | 0.15 | 0.04 | |
| Revenue growth | – | −22.9% | 71.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 61.4 MNOK | 47.3 MNOK | 80.9 MNOK |
| Operating profit | 21.3 MNOK | 0.1 MNOK | 26.6 MNOK |
| Profit before tax | −2.5 MNOK | −54.4 MNOK | −0.2 MNOK |
| Net profit | −2.5 MNOK | −54.4 MNOK | −0.2 MNOK |
| Financial expenses | 32.9 MNOK | 55.4 MNOK | 49.0 MNOK |
| Total assets | 171.1 MNOK | 186.3 MNOK | 162.4 MNOK |
| Current assets | 18.7 MNOK | 23.5 MNOK | 6.5 MNOK |
| Equity | −99.8 MNOK | −154.2 MNOK | −154.3 MNOK |
| Retained earnings | −114.3 MNOK | −168.7 MNOK | −154.3 MNOK |
| Total liabilities | 270.9 MNOK | 340.5 MNOK | 316.7 MNOK |
| Current liabilities | 100.1 MNOK | 161.5 MNOK | 184.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6873970.
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