Eidsiva Energi AS
Score · fiscal year 2024
53of 100
How to read this: the company is ahead of 56 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 85 of 194 · What are Morning company classes?
Place in the whole sector: 370 of 839 · Kraft og energi
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 16 and solidity 81 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
Eidsiva Energi AS is 2 points above the median for companies in the Morning class Medium in the same sector in 2024.
Median score 51 among 194 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin −79.2% (median 14.0%) and equity ratio 65.1% (median 43.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 207 MNOK | 126 MNOK |
| Operating margin | −79.2% | 14.0% |
| Profit margin | 461.8% | 11.3% |
| Return on assets | 3.3% | 5.9% |
| Equity ratio | 65.1% | 43.5% |
| Debt-to-equity | 0.54 | 1.26 |
| Current ratio | 0.91 | 1.16 |
| Revenue growth | 46.8% | −6.1% |
| Revenue per employee | 2.05 MNOK | 4.89 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 53, Eidsiva Energi AS does better than 56% of companies in the Morning class Medium in the same sector (194 companies) in 2024.
Score 2023–2025
- Eidsiva Energi AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Eidsiva Energi AS had an operating margin of −79.2% and an equity ratio of 65.1% in 2024, and ranks 370 of 839 in Kraft og energi.
From 2023 to 2024: the operating margin fell from −39.7% to −79.2% and revenue grew by 47%.
Eidsiva Energi AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 9,410 MNOK and 35,585 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 9,410 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 35,585 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
- watch
Consider strengthening liquidity: current liabilities are 1.1 times current assets.
Based on: Current ratio 0.91 (median 1.16).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −79.2% (median 14.0%).
- 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 46.8% (median −6.1%); Current ratio 0.91 (median 1.16).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.5% of the debt in 2024. The policy rate averaged 4.50 % 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 −67.4% in 2025 (sector median 16.1%), and the equity ratio 62.2%. In the other years the operating margin averaged −59.5%.
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 | 16 | weight 30% |
|---|---|---|
| Solidity | 81 | weight 25% |
| Liquidity | 34 | weight 15% |
| Growth | 96 | weight 15% |
| Consistency | 57 | weight 15% |
Durability: 50 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Eidsiva Energi AS?
The operating margin was −79.2% in 2024, against a median of 14.0% among companies in the Morning class Medium in the same sector. Return on assets was 3.3%.
How solid is Eidsiva Energi AS?
The equity ratio was 65.1% in 2024 (median 43.5%). Debt-to-equity was 0.54 (median 1.26).
What is the liquidity of Eidsiva Energi AS like?
The current ratio was 0.91 in 2024 (median 1.16). Current assets did not cover current liabilities.
How does Eidsiva Energi AS compare in Kraft og energi?
Eidsiva Energi AS ranks 370 of 839 in Kraft og energi for 2024. Among companies in the Morning class Medium it is number 85 of 194. Revenue changed by 46.8% from the year before.
Group accounts · 2025
50 of 100
Rank 22 of 41 groups in the Morning class Large in Kraft og energi. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 10,213 MNOK
- Operating profit, group
- 3,081 MNOK
- Profit before tax, group
- 2,340 MNOK
- Total assets, group
- 57,727 MNOK
- Equity, group
- 29,256 MNOK
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | 30.2% | – |
| Return on assets | 5.7% | – |
| Equity ratio | 50.7% | – |
| Current ratio | 0.93 | – |
| Revenue growth | 0.8% | – |
Group index in earlier years: 2023: 48 (22 of 41), 2024: 56 (13 of 40).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
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.
- 983424082
- Legal form
- AS · part of a group
- Sector
- Kraft og energi (35.140)
- Morning company class
- Medium
- Employees
- 101 registered 10 October 2026
- Founded
- 24 May 2001 25 years in operation
- Share capital
- 1,061.71 MNOK
- Business address
- Vangsvegen 71, 2317 HAMAR
- Municipality
- Hamar rank 1–5 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- Website
- www.eidsiva.no
- LEI
- 5967007LIEEXZXJJIO72 renews 18 May 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
- Henning Olsen
- Chair of the board
- Liv Monica Bargem Stubholt
- Board member
- Sidsel Trætteberg
- Board member
- Per Luneborg
- Board member
- Anita Hager
- Board member
- Martin Sleire Lundby
- Board member
- Øistein Magnar Andresen
- Board member
- Øystein Løseth
- Board member
- Åge Andersen
- Board member
- Kjersti Vøllestad
- Board member
- Victoria Bugge Lervik
- Deputy member
- John Renngård
- Deputy member
- Liv Ida Brenna
- Deputy member
- Kim Nilsen
- Deputy member
- Rønnaug Ingeborg Resset
- Deputy member
- Tone Skrårudsether Jansen
- Deputy member
- Christopher Gebs
- Auditor
- Pricewaterhousecoopers AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No known owner
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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 47 | 53 | 38 | |
| Rank | 474 | 370 | 639 | |
| Operating margin | −39.7% | −79.2% | −67.4% | |
| Return on assets | 3.9% | 3.3% | 3.7% | |
| Equity ratio | 64.4% | 65.1% | 62.2% | |
| Current ratio | 0.71 | 0.91 | 0.83 | |
| Revenue growth | – | 46.8% | −9.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 141.0 MNOK | 207.0 MNOK | 187.0 MNOK |
| Operating profit | −56.0 MNOK | −164.0 MNOK | −126.0 MNOK |
| Profit before tax | 1,334.0 MNOK | 956.0 MNOK | 1,134.0 MNOK |
| Net profit | 1,286.0 MNOK | 941.0 MNOK | 1,122.0 MNOK |
| Financial expenses | 818.0 MNOK | 854.0 MNOK | 931.0 MNOK |
| Total assets | 55,758.0 MNOK | 54,645.0 MNOK | 56,409.0 MNOK |
| Current assets | 3,685.0 MNOK | 2,541.0 MNOK | 2,966.0 MNOK |
| Equity | 35,919.0 MNOK | 35,585.0 MNOK | 35,102.0 MNOK |
| Retained earnings | 11,023.0 MNOK | 10,689.0 MNOK | 10,206.0 MNOK |
| Total liabilities | 19,839.0 MNOK | 19,060.0 MNOK | 21,305.0 MNOK |
| Current liabilities | 5,181.0 MNOK | 2,790.0 MNOK | 3,560.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6174993.
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