ECOTANK AS

Org. no. 929934148 · OSLO · Founded 2022

Score · fiscal year 2025

63of 100

How to read this: the company is ahead of 80 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 212 of 1,016 · Sjøfart

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 76 and solidity 45 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

ECOTANK AS is 14 points above the median for medium-sized companies in the same sector in 2025.

Median score 49 among 273 companies.

Against medium-sized companies in the same sector in 2025: operating margin 45.3% (median 23.0%) and equity ratio 33.2% (median 36.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue229 MNOK204 MNOK
Operating margin 45.3% 23.0% 77 %
Profit margin 68.0% 13.6% shown, not part of the index
Return on assets 17.0% 10.1% 74 %
Equity ratio 33.2% 36.2% 46 %
Debt-to-equity 2.01 1.69 45 %
Current ratio 3.30 1.34 81 %
Revenue growth 2,706.5% 2.4% 100 %

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 63, ECOTANK AS does better than 80% of medium-sized companies in the same sector (273 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ECOTANK AS
  • Median: medium-sized companies in the same sector
Summary analysis

ECOTANK AS has a score of 63 for 2025, rank 212 of 1,016 in the sector.

Strongest: Growth: percentile 100 against peers, revenue growth 2,706.5% against a median of 2.4%. Liquidity: percentile 81 against peers, current ratio 3.30 against a median of 1.34.

Weakest: Consistency: percentile 14 against peers.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

ECOTANK AS had an operating margin of 45.3% and an equity ratio of 33.2% in 2025, and ranks 212 of 1,016 in Sjøfart.

From 2024 to 2025: revenue grew by 2,706% and the operating margin rose from −92.4% to 45.3%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 443 MNOK and 1,560 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 156.0 MNOK 10.0 1,560 MNOK
EV/EBIT Operating profit: 104.0 MNOK
minus net debt 838.6 MNOK
8.0 debt above value
P/B Equity: 443.1 MNOK 1.0 443 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 · 2025

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.

Financial costs were 8.0% 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

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 5.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability76 weight 30%
Solidity45 weight 25%
Liquidity81 weight 15%
Growth100 weight 15%
Consistency14 weight 15%

Durability: 53 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is ECOTANK AS?

The operating margin was 45.3% in 2025, against a median of 23.0% among medium-sized companies in the same sector. Return on assets was 17.0%.

How solid is ECOTANK AS?

The equity ratio was 33.2% in 2025 (median 36.2%). Debt-to-equity was 2.01 (median 1.69).

What is the liquidity of ECOTANK AS like?

The current ratio was 3.30 in 2025 (median 1.34).

How does ECOTANK AS compare in Sjøfart?

ECOTANK AS ranks 212 of 1,016 in Sjøfart for 2025. Among companies of the same size (medium-sized companies) it ranks 55 of 273. Revenue changed by 2,706.5% from the year before.

From the Central Coordinating Register

Org. no.
929934148
Legal form
AS
Sector
Sjøfart (50.201)
Size tier
medium
Employees
0–4 (not registered)
Founded
1 September 2022 4 years in operation
Share capital
1.02 MNOK
Business address
c/o Fearnley Business Management AS, Dronning Eufemias gate 8, 0191 OSLO
Municipality
Oslo rank 63–221 of 357 in Norway
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

Chair of the board
Jonas Alexander Advocaat Kraft
Board member
Magnus Tvenge
Auditor
CEDRA NORGE AS
Accountant
FEARNLEY BUSINESS MANAGEMENT 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.

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Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index534263
Rank385636212
Operating margin−307.6%−92.4%45.3%
Return on assets−0.4%−0.6%17.0%
Equity ratio99.6%36.0%33.2%
Current ratio32.166.663.30
Revenue growth–444.6%2,706.5%

Accounts

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

Key figure202320242025
Operating revenue1.5 MNOK8.2 MNOK229.4 MNOK
Operating profit−4.6 MNOK−7.6 MNOK104.0 MNOK
Profit before tax−5.7 MNOK−38.8 MNOK156.0 MNOK
Net profit−6.8 MNOK−38.8 MNOK156.0 MNOK
Financial expenses4.3 MNOK33.2 MNOK70.9 MNOK
Total assets368.6 MNOK999.0 MNOK1,334.9 MNOK
Current assets46.4 MNOK79.2 MNOK45.3 MNOK
Equity367.1 MNOK359.3 MNOK443.1 MNOK
Retained earnings−0.4 MNOK−41.0 MNOK115.0 MNOK
Total liabilities1.4 MNOK639.8 MNOK891.8 MNOK
Current liabilities1.4 MNOK11.9 MNOK13.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6985140.