Es Drift AS

Q: What is the Org number of Es Drift AS?

Es Drift AS is registered with Brønnøysundsregistrene under Org 930818801.

Q: What is the revenue of Es Drift AS?

Es Drift AS reported revenue of NOK 6.0k in 2025.

Q: Who is the chairman of Es Drift AS?

Erlend Angedal chairs the board of Es Drift AS.

Q: Where is Es Drift AS headquartered?

Es Drift AS's registered address is Ulltangebakkane 30.

ASActive

Org 930818801Ulltangebakkane 30, 6815 FørdeManufacture of solid fuels from vegetable biomass· NACE 1626Est. 2023 · 3 years old0 employees

Overview

Es Drift AS is a Norwegian AS based in Førde, operating in the Manufacture of solid fuels from vegetable biomass sector. Incorporated in 2023, the company has 0 employees and reported revenue of NOK 6.0k in its latest annual filing.

Revenue 2025

6K NOK

−74% vs 2024

EBITDA margin

−553.0 %

−3% vs 2024

Net profit 2025

-96.4K NOK

-9% vs 2024

Key ratios

See full ratios →

-66.1 %

Very weak

Among the 10% lowest rated companies in the industry

20232025

0.3×

Very weak

Among the 10% lowest rated companies in the industry

20232025

-36.1 %

Very weak

Among the 20% lowest rated companies in the industry

20232025

EBITDA — year on year

NOK thousands

Key figures

Annual report 2025

Revenue	6K NOK	-74%
EBITDA	-33.2K NOK	-3%
Net profit	-96.4K NOK	-9%
Total assets	267.2K NOK	-25%
Equity	-176.5K NOK	-120%
Employees	0	—

Financial development

In its most recent annual report (2025), Es Drift AS reported revenue of NOK 6.0k, a decrease of 74% on the year before. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a net loss of NOK 96.4k, and the EBITDA margin stood at -553%.

At the end of 2025, current assets covered short-term debt 0.3 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2025	2024	2023
Revenue	6	23	65
Staff expenses	-0	-0	-0
EBITDA	-33	-32	23
Depreciation & amort.	-63	-56	-45
EBIT	-96	-88	-22
Net financials	0	-0	0
Profit before tax	-96	-88	-22
Tax	-0	-0	-0
Net profit	-96	-88	-22

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Balance sheet

NOK thousands

Item	2025	2024	2023
Total assets	267	355	336
Equity	-176	-80	2
Long-term debt	0	0	0
Short-term debt	444	435	334
Total debt	444	435	334

Financial ratios

5-year trend

EBITDA margin

-553.0 %

20232025

Equity ratio

-66.1 %

Very weak

Among the 10% lowest rated companies in the industry

20232025

Return on equity

—

20232025

Net profit margin

<−999 %

Very weak

Among the 10% lowest rated companies in the industry

20232025

Asset turnover

0.02×

Weak

Among the 30% lowest rated companies in the industry

20232025

Debt / equity

—

20232025

Sector performance

20 of 28 ratios graded

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

Profitability

Gross marginVery strong

Among the 20% highest 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 marginVery weak

Among the 10% 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 10% 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 assets (ROA)Very weak

Among the 20% lowest rated companies in the industry

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

Basic earning power (BEP)Very weak

Among the 10% lowest rated companies in the industry

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

Capacity ratioWeak

Among the 30% lowest 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.

Return on equity (ROE)Not rated

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

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

Return on net assets (RONA)Not rated

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

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

Liquidity

Current ratioVery weak

Among the 10% lowest 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 weak

Among the 20% lowest 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 ratioAverage

Around the average of companies in the same industry

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

Cash conversion ratioWeak

Among the 30% lowest rated companies in the industry

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

Current assets to equityNot rated

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

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.

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 weak

Among the 10% lowest 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 weak

Among the 10% lowest rated companies in the industry

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

Income to debtVery weak

Among the 20% lowest rated companies in the industry

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

EBITDA to debtWeak

Among the 30% lowest rated companies in the industry

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

Interest rate on debtVery strong

Among the 10% highest 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.

Debt to equityNot rated

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

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

Liabilities to equityNot rated

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

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

Interest coverageNot rated

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

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

Efficiency & development

Asset turnoverWeak

Among the 30% lowest rated companies in the industry

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

Inventory turnoverVery strong

Among the 10% highest rated companies in the industry

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 capitalVery weak

Among the 10% lowest rated companies in the industry

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

One-year change in debtAverage

Around the average of companies in the same industry

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

One-year change in equityNot rated

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

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

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

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
EA Erlend Angedal Chairman	Chairman	2023
SA Sturle Angedal Board of Directors	Board of Directors	2023

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Es Drift AS also hold positions in 2 other companies.

Person	Role here	Other companies
Sturle Angedal	Board of Directors	2 companies

Frequently asked questions

What is the Org number of Es Drift AS?

Es Drift AS is registered with Brønnøysundsregistrene under Org 930818801.

What is the revenue of Es Drift AS?

Es Drift AS reported revenue of NOK 6.0k in 2025.

Who is the chairman of Es Drift AS?

Erlend Angedal chairs the board of Es Drift AS.

Where is Es Drift AS headquartered?

Es Drift AS's registered address is Ulltangebakkane 30.