Eldjarn Trading

ENKActive

Org 921057636Blinken 43, 1349 RykkinnActivities of trust, estate and agency accounts· NACE 6432Est. 2018 · 8 years old1-4 employees

Overview

Eldjarn Trading is a Norwegian ENK based in Rykkinn, operating in the Activities of trust, estate and agency accounts sector. Incorporated in 2018, the company reported revenue of NOK 23.1bn in its latest annual filing.

Revenue 2025

23.1B NOK

+108% vs 2024

EBITDA margin

0.0 %

−86% vs 2024

Net profit 2025

0B NOK

-86% vs 2024

Key ratios

See full ratios →

99.9 %

Very strong

Among the 20% highest rated companies in the industry

20212025

>999×

Very strong

Among the 10% highest rated companies in the industry

20212025

8.7 %

Strong

Among the 40% highest rated companies in the industry

20212025

EBITDA — year on year

NOK millions

Key figures

Annual report 2025

Revenue	23.1B NOK	+108%
EBITDA	0B NOK	-86%
Net profit	0B NOK	-86%
Total assets	0.1B NOK	-14%
Equity	0.1B NOK	-14%
Employees	—	—

Financial development

In its most recent annual report (2025), Eldjarn Trading reported revenue of NOK 23.1bn, an increase of 108% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 5.9m, and the EBITDA margin stood at 0%.

At the end of 2025, equity financed 99.9% of the balance sheet, and current assets covered short-term debt 1,984.6 times.

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2025	2024	2023	2022	2021
Revenue	23,113,227	11,090,177	11,265,671	0	64,109
Staff expenses	-593	-5,772	-3,258	-522	-4,705
EBITDA	6,003	43,427	23,694	-1,524	59,338
Depreciation & amort.	-6	-6	-25	-20	-20
EBIT	5,997	43,421	23,669	-1,544	59,319
Net financials	-67	32	14	3	0
Profit before tax	5,930	43,453	23,683	-1,541	59,319
Tax	-0	-0	-0	-0	-0
Net profit	5,930	43,453	23,683	-1,541	59,319

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Balance sheet

NOK thousands

Item	2025	2024	2023	2022	2021
Total assets	68,123	79,616	46,916	31,585	57,940
Equity	68,089	79,584	46,868	31,447	57,905
Long-term debt	0	0	0	0	0
Short-term debt	34	32	48	138	36
Total debt	34	32	48	138	36

Financial ratios

5-year trend

EBITDA margin

0.0 %

20212025

Equity ratio

99.9 %

Very strong

Among the 20% highest rated companies in the industry

20212025

Return on equity

8.7 %

Average

Around the average of companies in the same industry

20212025

Net profit margin

0.0 %

Very weak

Among the 20% lowest rated companies in the industry

20212025

Asset turnover

339.29×

Very strong

Among the 10% highest rated companies in the industry

20212025

Debt / equity

0.00×

Very strong

Among the 10% highest rated companies in the industry

20212025

Sector performance

25 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginVery weak

Among the 10% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginWeak

Among the 40% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginVery weak

Among the 20% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Average

Around the average of companies in the same industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Average

Around the average of companies in the same industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 10% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioVery strong

Among the 10% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 10% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery strong

Among the 10% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityWeak

Among the 30% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Cash conversion ratioVery strong

Among the 10% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Debt & solvency

Solidity ratioVery strong

Among the 20% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 10% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery strong

Among the 10% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery strong

Among the 20% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 10% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 20% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 20% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverVery strong

Among the 10% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Equity to contributed capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

Annual reports & filings

Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Knut Erik Weydahl Eldjarn	Individual	0%	0%	2018

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of Eldjarn Trading?

Eldjarn Trading is registered with Brønnøysundsregistrene under Org 921057636.

What is the revenue of Eldjarn Trading?

Eldjarn Trading reported revenue of NOK 23.1bn in 2025.

Where is Eldjarn Trading headquartered?

Eldjarn Trading's registered address is Blinken 43.