Advanced Engineering Systems AS
Score · fiscal year 2024
51of 100
How to read this: the company is ahead of 52 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 5,349 of 11,058 · What are Morning company classes?
Place in the whole sector: 10,804 of 22,221 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 66 and solidity 37 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Advanced Engineering Systems AS is 1 points above the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 11,051 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin 6.2% (median 2.3%) and equity ratio 27.8% (median 34.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 6 MNOK | 4 MNOK |
| Operating margin | 6.2% | 2.3% |
| Profit margin | 4.1% | 1.8% |
| Return on assets | 11.1% | 5.5% |
| Equity ratio | 27.8% | 34.8% |
| Debt-to-equity | 2.60 | 1.23 |
| Current ratio | 1.23 | 1.76 |
| Revenue growth | 13.0% | 2.8% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 51, Advanced Engineering Systems AS does better than 52% of companies in the Morning class Micro in the same sector (11,058 companies) in 2024.
Score 2023–2025
- Advanced Engineering Systems AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Advanced Engineering Systems AS had an operating margin of 6.2% and an equity ratio of 27.8% in 2024, and ranks 10,804 of 22,221 in Handel.
From 2023 to 2024: the equity ratio fell from 51.4% to 27.8% and the operating margin rose from 2.9% to 6.2%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 1 MNOK and 5 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2 MNOK |
| EV/EBIT | 8.0 | 5 MNOK |
| P/B | 1.0 | 1 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 5.5% 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
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
What the score is made of
| Profitability | 66 | weight 30% |
|---|---|---|
| Solidity | 37 | weight 25% |
| Liquidity | 31 | weight 15% |
| Growth | 69 | weight 15% |
| Consistency | 47 | weight 15% |
Durability: 54 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Advanced Engineering Systems AS?
The operating margin was 6.2% in 2024, against a median of 2.3% among companies in the Morning class Micro in the same sector. Return on assets was 11.1%.
How solid is Advanced Engineering Systems AS?
The equity ratio was 27.8% in 2024 (median 34.8%). Debt-to-equity was 2.60 (median 1.23).
What is the liquidity of Advanced Engineering Systems AS like?
The current ratio was 1.23 in 2024 (median 1.76).
How does Advanced Engineering Systems AS compare in Handel?
Advanced Engineering Systems AS ranks 10,804 of 22,221 in Handel for 2024. Among companies in the Morning class Micro it is number 5,349 of 11,058. Revenue changed by 13.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 987475544
- Legal form
- AS
- Sector
- Handel (46.500)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 9 November 2004 21 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Rødmyrlia 6, 3735 SKIEN
- Municipality
- Skien rank 9 of 10 in KOSTRA group 11
- Latest accounts filed
- 2025
- Website
- www.aes.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
Loading roles …
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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 58 | 51 | 56 | |
| Rank | 8,020 | 10,804 | 8,867 | |
| Operating margin | 2.9% | 6.2% | 12.8% | |
| Return on assets | 7.1% | 11.1% | 20.8% | |
| Equity ratio | 51.4% | 27.8% | 20.7% | |
| Current ratio | 1.64 | 1.23 | 1.18 | |
| Revenue growth | – | 13.0% | 36.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 5.3 MNOK | 6.0 MNOK | 8.2 MNOK |
| Operating profit | 0.2 MNOK | 0.4 MNOK | 1.0 MNOK |
| Profit before tax | 0.1 MNOK | 0.2 MNOK | 1.0 MNOK |
| Net profit | 0.1 MNOK | 0.2 MNOK | 0.8 MNOK |
| Financial expenses | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 2.3 MNOK | 3.5 MNOK | 5.0 MNOK |
| Current assets | 1.8 MNOK | 3.1 MNOK | 4.7 MNOK |
| Equity | 1.2 MNOK | 1.0 MNOK | 1.0 MNOK |
| Retained earnings | 1.1 MNOK | 0.9 MNOK | 0.9 MNOK |
| Total liabilities | 1.1 MNOK | 2.5 MNOK | 4.0 MNOK |
| Current liabilities | 1.1 MNOK | 2.5 MNOK | 4.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5536899.
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