Norsk Vind AS
Score · fiscal year 2025
76of 100
How to read this: the company is ahead of 98 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 5 of 171 · What are Morning company classes?
Place in the whole sector: 33 of 863 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 55 and solidity 96 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Norsk Vind AS is 25 points above the median for companies in the Morning class Small in the same sector in 2025.
Median score 51 among 171 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 4.8% (median 14.3%) and equity ratio 91.5% (median 36.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 18 MNOK | 23 MNOK |
| Operating margin | 4.8% | 14.3% |
| Profit margin | 19.1% | 14.6% |
| Return on assets | 8.8% | 6.0% |
| Equity ratio | 91.5% | 36.6% |
| Debt-to-equity | 0.09 | 1.60 |
| Current ratio | 10.31 | 1.34 |
| Revenue growth | 23.8% | 9.3% |
| Revenue per employee | 2.97 MNOK | 2.34 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 76, Norsk Vind AS does better than 98% of companies in the Morning class Small in the same sector (171 companies) in 2025.
Score 2023–2025
- Norsk Vind AS
- Median: companies in the Morning class Small in the same sector
Norsk Vind AS has a score of 76 for 2025, rank 33 of 863 in the sector.
Strongest: Liquidity: percentile 97 against peers, current ratio 10.31 against a median of 1.34. Solidity: percentile 96 against peers, equity ratio 91.5% against a median of 36.6%.
No area is clearly below its peers.
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
Norsk Vind AS had an operating margin of 4.8% and an equity ratio of 91.5% in 2025, and ranks 33 of 863 in Kraft og energi.
From 2024 to 2025: the operating margin rose from −109.3% to 4.8% and the equity ratio rose from 69.4% to 91.5%.
Norsk Vind AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 21 MNOK and 45 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 34 MNOK |
| EV/EBIT | 8.0 | 21 MNOK |
| P/B | 1.0 | 45 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
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 23.0% 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.
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
The operating margin was 4.8% in 2025 (sector median 16.1%), and the equity ratio 91.5%. In the other years the operating margin averaged 18.7%.
The sector's weakest year was 2025, with a median operating margin of 16.1%. 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 | 55 | weight 30% |
|---|---|---|
| Solidity | 96 | weight 25% |
| Liquidity | 97 | weight 15% |
| Growth | 75 | weight 15% |
| Consistency | 64 | weight 15% |
Durability: 77 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Norsk Vind AS?
The operating margin was 4.8% in 2025, against a median of 14.3% among companies in the Morning class Small in the same sector. Return on assets was 8.8%.
How solid is Norsk Vind AS?
The equity ratio was 91.5% in 2025 (median 36.6%). Debt-to-equity was 0.09 (median 1.60).
What is the liquidity of Norsk Vind AS like?
The current ratio was 10.31 in 2025 (median 1.34).
How does Norsk Vind AS compare in Kraft og energi?
Norsk Vind AS ranks 33 of 863 in Kraft og energi for 2025. Among companies in the Morning class Small it is number 5 of 171. Revenue changed by 23.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 977052300
- Legal form
- AS
- Sector
- Kraft og energi (35.122)
- Morning company class
- Small
- Employees
- 6 registered 10 February 2026
- Founded
- 1 October 1996 30 years in operation
- Share capital
- 0.58 MNOK
- Business address
- Professor Olav Hanssens vei 7A, 4021 STAVANGER
- Municipality
- Stavanger rank 5 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.vindenergi.no
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 Ove Skorpen
- Chair of the board
- Lars Helge Helvig
- Board member
- Rune Hersvik
- Board member
- Lars Henning Helvig
- Board member
- Pål Selboe Valseth
- Auditor
- Deloitte AS
- Accountant
- Ecit Krr 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 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 94 | 62 | 76 | |
| Rank | 3 | 189 | 33 | |
| Operating margin | 146.8% | −109.3% | 4.8% | |
| Return on assets | 37.2% | 63.0% | 8.8% | |
| Equity ratio | 82.8% | 69.4% | 91.5% | |
| Current ratio | 5.53 | 2.83 | 10.31 | |
| Revenue growth | – | −13.4% | 23.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 16.6 MNOK | 14.4 MNOK | 17.8 MNOK |
| Operating profit | 24.4 MNOK | −15.7 MNOK | 0.9 MNOK |
| Profit before tax | 20.2 MNOK | 32.0 MNOK | 3.4 MNOK |
| Net profit | 20.2 MNOK | 32.0 MNOK | 3.4 MNOK |
| Financial expenses | 6.7 MNOK | 6.1 MNOK | 1.0 MNOK |
| Total assets | 72.4 MNOK | 60.6 MNOK | 49.6 MNOK |
| Current assets | 68.8 MNOK | 52.5 MNOK | 43.3 MNOK |
| Equity | 60.0 MNOK | 42.0 MNOK | 45.4 MNOK |
| Retained earnings | 56.8 MNOK | 38.9 MNOK | 42.3 MNOK |
| Total liabilities | 12.4 MNOK | 18.6 MNOK | 4.2 MNOK |
| Current liabilities | 12.4 MNOK | 18.6 MNOK | 4.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7025836.
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