E PLUG AS

Org. no. 992944862 · SOLA · Founded 2008 · 38 employees

Score · fiscal year 2024

70of 100

How to read this: the company is ahead of 89 % of medium-sized companies in the same sector in 2024. What does this mean?

Rank: 64 of 586 · Olje og gass

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 90 and solidity 56 out of 100 among medium-sized companies in the same sector in 2024. Methodology

Against the sector

E PLUG AS is 24 points above the median for medium-sized companies in the same sector in 2024.

Median score 46 among 167 companies.

Against medium-sized companies in the same sector in 2024: operating margin 33.0% (median 6.2%) and equity ratio 45.5% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue323 MNOK262 MNOK
Operating margin 33.0% 6.2% 87 %
Profit margin 33.0% 8.3% shown, not part of the index
Return on assets 49.0% 9.2% 94 %
Equity ratio 45.5% 36.8% 58 %
Debt-to-equity 1.20 1.32 54 %
Current ratio 1.09 1.27 39 %
Revenue growth 89.8% 14.0% 91 %
Revenue per employee8.49 MNOK4.05 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 70, E PLUG AS does better than 89% of medium-sized companies in the same sector (167 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • E PLUG AS
  • Median: medium-sized companies in the same sector
Analysis · 2024

What the numbers say

E PLUG AS had an operating margin of 33.0% and an equity ratio of 45.5% in 2024, and ranks 64 of 586 in Olje og gass.

From 2023 to 2024: the operating margin rose from 13.5% to 33.0% and revenue grew by 90%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 106 MNOK and 863 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 83.5 MNOK 10.0 835 MNOK
EV/EBIT Operating profit: 106.4 MNOK
minus net debt −11.1 MNOK
8.0 863 MNOK
P/B Equity: 105.9 MNOK 1.0 106 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 · 2024

Worth a closer look

  • 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 89.8% (median 14.0%); Current ratio 1.09 (median 1.27).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

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

Components · 2024

What the score is made of

Profitability90 weight 30%
Solidity56 weight 25%
Liquidity39 weight 15%
Growth91 weight 15%
Consistency63 weight 15%

Durability: 66 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is E PLUG AS?

The operating margin was 33.0% in 2024, against a median of 6.2% among medium-sized companies in the same sector. Return on assets was 49.0%.

How solid is E PLUG AS?

The equity ratio was 45.5% in 2024 (median 36.8%). Debt-to-equity was 1.20 (median 1.32).

What is the liquidity of E PLUG AS like?

The current ratio was 1.09 in 2024 (median 1.27).

How does E PLUG AS compare in Olje og gass?

E PLUG AS ranks 64 of 586 in Olje og gass for 2024. Among companies of the same size (medium-sized companies) it ranks 20 of 167. Revenue changed by 89.8% from the year before.

From the Central Coordinating Register

Org. no.
992944862
Legal form
AS
Sector
Olje og gass (09.109)
Size tier
medium
Employees
38 registered 10 October 2026
Founded
15 July 2008 18 years in operation
Share capital
5.10 MNOK
Business address
Kanalarmen 10, 4033 STAVANGER (SOLA)
Municipality
Sola rank 2 of 27 in KOSTRA group 9
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
Thore Andre Stokkeland
Chair of the board
Evald Holstad
Board member
Øyvind Næss Johannessen
Auditor
ERGA REVISJON AS
Accountant
REGN10 AS

Source: Central Coordinating Register, fetched 25 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index627068
Rank1466490
Operating margin13.5%33.0%32.2%
Return on assets18.7%49.0%41.9%
Equity ratio47.8%45.5%62.7%
Current ratio1.021.091.64
Revenue growth–89.8%−8.0%

Accounts

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

Key figure202320242025
Operating revenue169.9 MNOK322.6 MNOK296.6 MNOK
Operating profit23.0 MNOK106.4 MNOK95.4 MNOK
Profit before tax20.3 MNOK106.5 MNOK87.2 MNOK
Net profit15.9 MNOK83.5 MNOK68.1 MNOK
Financial expenses8.0 MNOK7.5 MNOK9.0 MNOK
Total assets151.3 MNOK232.8 MNOK229.7 MNOK
Current assets56.8 MNOK110.1 MNOK114.3 MNOK
Equity72.4 MNOK105.9 MNOK144.0 MNOK
Retained earnings67.3 MNOK100.8 MNOK138.9 MNOK
Total liabilities78.9 MNOK126.9 MNOK85.7 MNOK
Current liabilities55.7 MNOK100.9 MNOK69.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6052943.