Eidesvik Shipping AS
Score · fiscal year 2023
72of 100
How to read this: the company is ahead of 85 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?
Rank in the Morning class Medium: 48 of 322 · What are Morning company classes?
Place in the whole sector: 135 of 893 · Sjøfart
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 90 and solidity 51 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology
Against the sector
Eidesvik Shipping AS is 23 points above the median for companies in the Morning class Medium in the same sector in 2023.
Median score 49 among 322 companies.
Against companies in the Morning class Medium in the same sector in 2023: operating margin 97.3% (median 27.6%) and equity ratio 36.0% (median 34.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 403 MNOK | 132 MNOK |
| Operating margin | 97.3% | 27.6% |
| Profit margin | 85.0% | 14.6% |
| Return on assets | 26.8% | 10.2% |
| Equity ratio | 36.0% | 34.4% |
| Debt-to-equity | 1.78 | 1.68 |
| Current ratio | 3.56 | 1.51 |
| Revenue growth | – | 17.0% |
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 72, Eidesvik Shipping AS does better than 85% of companies in the Morning class Medium in the same sector (322 companies) in 2023.
Score 2023–2025
- Eidesvik Shipping AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Eidesvik Shipping AS had an operating margin of 97.3% and an equity ratio of 36.0% in 2023, and ranks 135 of 893 in Sjøfart.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 565 MNOK and 3,426 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 3,426 MNOK |
| EV/EBIT | 8.0 | 2,383 MNOK |
| P/B | 1.0 | 565 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 7.9% 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.
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 | 90 | weight 30% |
|---|---|---|
| Solidity | 51 | weight 25% |
| Liquidity | 76 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 66 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Eidesvik Shipping AS?
The operating margin was 97.3% in 2023, against a median of 27.6% among companies in the Morning class Medium in the same sector. Return on assets was 26.8%.
How solid is Eidesvik Shipping AS?
The equity ratio was 36.0% in 2023 (median 34.4%). Debt-to-equity was 1.78 (median 1.68).
What is the liquidity of Eidesvik Shipping AS like?
The current ratio was 3.56 in 2023 (median 1.51).
How does Eidesvik Shipping AS compare in Sjøfart?
Eidesvik Shipping AS ranks 135 of 893 in Sjøfart for 2023. Among companies in the Morning class Medium it is number 48 of 322.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 977098092
- Legal form
- AS · part of a group
- Sector
- Sjøfart (50.203)
- Morning company class
- Medium
- Employees
- 0–4 (not registered)
- Founded
- 10 January 1997 29 years in operation
- Share capital
- 170.75 MNOK
- Business address
- Vestvikvegen 1, 5443 BØMLO
- Municipality
- Bømlo rank 2 of 13 in KOSTRA group 8
- Latest accounts filed
- 2025
- LEI
- 549300LRDW2RF0T15F57 renews 10 December 2026
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
- Erling Lodden
- Chair of the board
- Helga Cotgrove
- Board member
- Erling Lodden
- Board member
- Arve Nilsen
- Auditor
- ERNST & Young AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Parent not reported
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 72 | 43 | 48 | |
| Rank | 135 | 596 | 552 | |
| Operating margin | 97.3% | 13.4% | 12.6% | |
| Return on assets | 26.8% | 5.4% | 4.7% | |
| Equity ratio | 36.0% | 37.6% | 39.6% | |
| Current ratio | 3.56 | 6.97 | 3.07 | |
| Revenue growth | – | −10.0% | 4.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 403.0 MNOK | 362.5 MNOK | 379.5 MNOK |
| Operating profit | 392.0 MNOK | 48.5 MNOK | 47.9 MNOK |
| Profit before tax | 342.6 MNOK | 11.0 MNOK | 13.0 MNOK |
| Net profit | 342.6 MNOK | 11.0 MNOK | 13.0 MNOK |
| Financial expenses | 79.2 MNOK | 71.7 MNOK | 57.3 MNOK |
| Total assets | 1,571.5 MNOK | 1,534.7 MNOK | 1,489.8 MNOK |
| Current assets | 257.8 MNOK | 244.9 MNOK | 254.5 MNOK |
| Equity | 565.4 MNOK | 576.5 MNOK | 589.4 MNOK |
| Retained earnings | 320.6 MNOK | 331.6 MNOK | 344.6 MNOK |
| Total liabilities | 1,006.1 MNOK | 958.3 MNOK | 900.4 MNOK |
| Current liabilities | 72.3 MNOK | 35.1 MNOK | 82.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5223009.
Further
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