Ewos AS
ASActiveOrg 979184832Thormøhlens Gate 51B, 5006 BergenManufacture of prepared feeds for farm animals· NACE 1091Est. 1997 · 29 years old425 employeeshttps://www.cargill.no
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Overview
Ewos AS is a Norwegian AS based in Bergen, operating in the Manufacture of prepared feeds for farm animals sector. Incorporated in 1997, the company has 425 employees and reported revenue of NOK 18.0bn in its latest annual filing.
Revenue 2025
18B NOK
+15% vs 2024
EBITDA margin
1.0 %
−49% vs 2024
Net profit 2025
-0B NOK
-139% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
21.8 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
0.9×
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
-0.6 %
WeakAmong the 40% lowest rated companies in the industry
20212025
EBITDA — year on year
NOK millionsKey figures
Annual report 2025| Revenue | 18B NOK | +15% |
| EBITDA | 0.2B NOK | -49% |
| Net profit | -0B NOK | -139% |
| Total assets | 6.6B NOK | +8% |
| Equity | 1.4B NOK | -2% |
| Employees | 425 | — |
Company information
Legal name
EWOS AS
Org number
979184832
Legal form
Aksjeselskap
NACE code
Founded
28 August 1997 · 29 years
Share capital
NOK 422,044,579
Employees
425 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-05-31
Financial year
January – December
Company purpose
Utvikling, produksjon, salg og markedsføring av fiskefor og supplerende produkter til oppdretts- og havbruksnæringen, samt hva hermed står i forbindelse, herunder utlån i tilknytning til inngåtte forkontrakter. Selskapet kan delta i andre selskaper med lignende virksomhet.
(no translation available)
Contact
Address
Thormøhlens Gate 51B, 5006 Bergen
Phone
+47 55 69 70 00
Email
privacy@cargill.com
Website
https://www.cargill.no
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Financial development
In its most recent annual report (2025), Ewos AS reported revenue of NOK 18.0bn, an increase of 15% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of NOK 36.6m, and the EBITDA margin stood at 1%.
At the end of 2025, equity financed 21.8% of the balance sheet, and current assets covered short-term debt 0.9 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 18,011,277 | 15,656,448 | 13,070,882 | 10,252,564 | 9,497,744 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | 175,061 | 344,134 | -9,817 | -75,917 | 264,145 |
| Depreciation & amort. | -163,739 | -148,948 | -136,770 | -120,604 | -127,633 |
| EBIT | 11,322 | 195,186 | -146,587 | -196,521 | 136,512 |
| Net financials | -45,705 | -74,224 | 147,636 | 12,331 | -126,578 |
| Profit before tax | -34,382 | 120,962 | 1,048 | -184,190 | 9,934 |
| Tax | -0 | -0 | -0 | -0 | 1,615 |
| Net profit | -36,584 | 95,009 | 240 | -145,105 | 8,319 |
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Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 6,555,798 | 6,083,734 | 5,179,219 | 4,934,697 | 3,629,681 |
| Equity | 1,431,788 | 1,468,373 | 1,373,363 | 1,373,124 | 1,532,393 |
| Long-term debt | 46,700 | 49,810 | 23,858 | 22,479 | 62,053 |
| Short-term debt | 5,069,547 | 4,557,310 | 3,771,136 | 3,529,430 | 2,025,544 |
| Total debt | 5,116,247 | 4,607,120 | 3,794,994 | 3,551,909 | 2,087,597 |
Financial ratios
5-year trendEBITDA margin
1.0 %
20212025
Equity ratio
21.8 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Return on equity
-2.6 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Net profit margin
-0.2 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Asset turnover
2.75×
Very strongAmong the 20% highest rated companies in the industry
20212025
Debt / equity
3.58×
Very weakAmong the 20% lowest rated companies in the industry
20212025
Sector performance
28 of 28 ratios graded28 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 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 marginWeak
Among the 40% 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)Weak
Among the 30% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Weak
Among the 40% lowest 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)Weak
Among the 30% lowest rated companies in the 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)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same 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 ratioWeak
Among the 30% 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 ratioWeak
Among the 30% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 20% 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.
Fixed assets to long-term capitalVery weak
Among the 20% lowest rated companies in the industry
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.
Cash conversion ratioVery weak
Among the 10% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% 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 ratioWeak
Among the 40% 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.
Debt to equityVery weak
Among the 20% lowest 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 weak
Among the 20% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtWeak
Among the 40% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 40% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 40% 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 20% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverAverage
Around the average of companies in the same 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 capitalAverage
Around the average of companies in the same industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityWeak
Among the 40% 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.
Annual reports & filings
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2024-06-01 – 2025-05-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2023-06-01 – 2024-05-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2022-06-01 – 2023-05-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2021-06-01 – 2022-05-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2020-06-01 – 2021-05-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
HH Deputy Member | Deputy Member | 2025 |
SB Deputy Member | Deputy Member | 2023 |
SK Deputy Member | Deputy Member | 2024 |
TB Chief Executive Officer | Chief Executive Officer | 2024 |
AK Deputy Member | Deputy Member | 2023 |
JD Deputy Member | Deputy Member | 2023 |
Former (11)
YH Deputy Member | Deputy Member | 2024 – 2025 |
RA Deputy Member | Deputy Member | 2021 – 2022 |
ÅB Deputy Member | Deputy Member | 2023 – 2025 |
MM Deputy Member | Deputy Member | 2023 – 2026 |
FK Chief Executive Officer | Chief Executive Officer | 2015 – 2024 |
KF Deputy Member | Deputy Member | 2021 – 2022 |
KA Deputy Member | Deputy Member | 2021 – 2022 |
LA Deputy Member | Deputy Member | 2021 – 2022 |
DM Deputy Member | Deputy Member | 2021 – 2022 |
LV Deputy Member | Deputy Member | 2021 – 2022 |
FA Deputy Member | Deputy Member | 2021 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
ÅB Board of Directors | Board of Directors | 2025 |
AT Chairman | Chairman | 2026 |
KT Board of Directors | Board of Directors | 2023 |
TB Board of Directors | Board of Directors | 2024 |
KA Board of Directors | Board of Directors | 2023 |
KM Board of Directors | Board of Directors | 2023 |
Former (12)
HM Board of Directors | Board of Directors | 2021 – 2023 |
MB Chairman | Chairman | 2024 – 2025 |
DM Board of Directors | Board of Directors | 2021 – 2023 |
FK Board of Directors | Board of Directors | 2021 – 2024 |
CF Board of Directors | Board of Directors | 2021 – 2025 |
KF Board of Directors | Board of Directors | 2023 – 2025 |
FL | Chairman | 2022 – 2023 |
LV Board of Directors | Board of Directors | 2023 – 2023 |
LA Chairman | Chairman | 2025 – 2026 |
XP Chairman | Chairman | 2021 – 2022 |
HW Chairman | Chairman | 2023 – 2024 |
JE Board of Directors | Board of Directors | 2021 – 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2021 | |
| Company | 38% | 38% | 2020 |
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Related companies
Company hierarchy
Cargill Norway Holding As
Ewos AS Board network connections
Board members of Ewos AS also hold positions in 156 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Helge Haukås | Deputy Member | 37 companiesMany roles |
| Fredrik Karl Witte | Chief Executive Officer | 26 companiesMany roles |
| Christina Follesø | Board of Directors | 19 companiesMany roles |
| Kjartan Mæstad | Board of Directors | 18 companiesMany roles |
| Dag Morten Eriksen | Board of Directors | 13 companiesMany roles |
| Silje Benedicte Jakobsen | Deputy Member | 10 companiesMany roles |
| Lise Andreasen | Deputy Member | 8 companiesMany roles |
| Joakim Danielsen | Deputy Member | 6 companiesMany roles |
| Andries Thomas Meuleman | Chairman | 4 companies |
| Hilde Waage | Chairman | 3 companies |
| Tarjei Berntsen Eide | Chief Executive Officer | 2 companies |
| Lillian Vik Fjordheim | Deputy Member | 2 companies |
| Anna Katharina Sefranek Rongved | Deputy Member | 2 companies |
| Roy Andre Nordal | Deputy Member | 1 company |
| Sigurd Kristian Tonheim | Deputy Member | 1 company |
| Kari Ann Langø Korneliussen | Deputy Member | 1 company |
| Finn Arthur Midtgård | Deputy Member | 1 company |
| Karina Tveit | Board of Directors | 1 company |
| Jim Egil Hansen | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Ewos AS?
Ewos AS is registered with Brønnøysundsregistrene under Org 979184832.
What is the revenue of Ewos AS?
Ewos AS reported revenue of NOK 18.0bn in 2025.
How many employees does Ewos AS have?
Ewos AS employs 425 people as of the latest annual report.
Who is the CEO of Ewos AS?
Tarjei Berntsen Eide is the CEO of Ewos AS, in role since 2024.
Who is the chairman of Ewos AS?
Andries Thomas Meuleman chairs the board of Ewos AS, in role since 2026.
Where is Ewos AS headquartered?
Ewos AS's registered address is Thormøhlens Gate 51B.