GERMANN VERVIK EFTF AS

Org. no. 965776575 · SANDNES · Founded 1993 · 25 employees

Score · fiscal year 2023

67of 100

How to read this: the company is ahead of 75 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?

Rank in the Morning class Medium: 832 of 3,284 · What are Morning company classes?
Place in the whole sector: 5,266 of 21,201 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 64 and solidity 68 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology

Against the sector

GERMANN VERVIK EFTF AS is 17 points above the median for companies in the Morning class Medium in the same sector in 2023.

Median score 50 among 3,284 companies.

Against companies in the Morning class Medium in the same sector in 2023: operating margin 7.0% (median 2.9%) and equity ratio 42.0% (median 29.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue226 MNOK91 MNOK
Operating margin 7.0% 2.9% 79 %
Profit margin 5.9% 2.7% shown, not part of the index
Return on assets 11.3% 11.6% 49 %
Equity ratio 42.0% 29.5% 68 %
Debt-to-equity 1.38 2.32 67 %
Current ratio 1.58 1.39 61 %
Revenue growth – 5.2% not compared
Revenue per employee9.04 MNOK4.75 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 67, GERMANN VERVIK EFTF AS does better than 75% of companies in the Morning class Medium in the same sector (3,284 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • GERMANN VERVIK EFTF AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2023

What the numbers say

GERMANN VERVIK EFTF AS had an operating margin of 7.0% and an equity ratio of 42.0% in 2023, and ranks 5,266 of 21,201 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 61 MNOK and 105 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 10.5 MNOK 10.0 105 MNOK
EV/EBIT Operating profit: 15.9 MNOK
minus net debt 27.6 MNOK
8.0 99 MNOK
P/B Equity: 60.8 MNOK 1.0 61 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 · 2023

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 3.8% of the debt in 2023. The policy rate averaged 3.54 % 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.

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 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability64 weight 30%
Solidity68 weight 25%
Liquidity61 weight 15%
Growth– no data, left out
Consistency76 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is GERMANN VERVIK EFTF AS?

The operating margin was 7.0% in 2023, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 11.3%.

How solid is GERMANN VERVIK EFTF AS?

The equity ratio was 42.0% in 2023 (median 29.5%). Debt-to-equity was 1.38 (median 2.32).

What is the liquidity of GERMANN VERVIK EFTF AS like?

The current ratio was 1.58 in 2023 (median 1.39).

How does GERMANN VERVIK EFTF AS compare in Handel?

GERMANN VERVIK EFTF AS ranks 5,266 of 21,201 in Handel for 2023. Among companies in the Morning class Medium it is number 832 of 3,284.

From the Central Coordinating Register

Org. no.
965776575
Legal form
AS
Sector
Handel (46.310)
Morning company class
Medium
Employees
25 registered 10 August 2026
Founded
2 January 1993 33 years in operation
Share capital
2.29 MNOK
Business address
Nikkelveien 3, 4313 SANDNES
Municipality
Sandnes rank 4 of 11 in KOSTRA group 12
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
Kurt Ove Høyland
Chair of the board
Kurt Ove Høyland
Board member
Oddvard Måkestad
Board member
Tor-Inge Måkestad
Board member
Kari-Anne Måkestad
Board member
May-Linn Måkestad
Auditor
BRYNE REVISJON 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.

Report an issue

Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index676068
Rank5,2667,0293,892
Operating margin7.0%9.2%9.1%
Return on assets11.3%13.1%23.1%
Equity ratio42.0%41.7%57.5%
Current ratio1.581.301.47
Revenue growth–4.8%−1.8%

Accounts

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

Key figure202320242025
Operating revenue225.9 MNOK236.8 MNOK232.6 MNOK
Operating profit15.9 MNOK21.7 MNOK21.1 MNOK
Profit before tax13.2 MNOK17.8 MNOK36.6 MNOK
Net profit10.5 MNOK13.9 MNOK32.6 MNOK
Financial expenses3.2 MNOK4.6 MNOK3.8 MNOK
Total assets145.0 MNOK171.0 MNOK174.7 MNOK
Current assets49.2 MNOK37.0 MNOK42.4 MNOK
Equity60.8 MNOK71.3 MNOK100.4 MNOK
Retained earnings58.5 MNOK69.0 MNOK98.1 MNOK
Total liabilities84.2 MNOK99.7 MNOK74.3 MNOK
Current liabilities31.1 MNOK28.5 MNOK28.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5133935.

Similar companies