Ef Drift AS
ASDissolvedOrg 998822173Haralds Vei 12, 1470 LørenskogSite preparation· NACE 4312Est. 2012 · 14 years old0 employeeshttps://www.efdrift.no
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Overview
Ef Drift AS is a Norwegian AS based in Lørenskog, operating in the Site preparation sector. Incorporated in 2012, the company has 0 employees and reported revenue of NOK 113.1m in its latest annual filing.
Revenue 2024
113.1M NOK
−24% vs 2023
EBITDA margin
10.2 %
−48% vs 2023
Net profit 2024
7.1M NOK
-46% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
81.3 %
Very strongAmong the 20% highest rated companies in the industry
20202024
Liquidity ratioCurrent assets ÷ Short-term debt
9.0×
Very strongAmong the 10% highest rated companies in the industry
20202024
Return on assets (ROA)Net profit ÷ Total assets × 100
10.5 %
StrongAmong the 40% highest rated companies in the industry
20202024
EBITDA — year on year
NOK millionsKey figures
Annual report 2024| Revenue | 113.1M NOK | -24% |
| EBITDA | 11.6M NOK | -48% |
| Net profit | 7.1M NOK | -46% |
| Total assets | 68.1M NOK | -30% |
| Equity | 55.4M NOK | +4% |
| Employees | 0 | — |
Company information
Legal name
EF DRIFT AS
Org number
998822173
Legal form
Aksjeselskap
NACE code
4312 · Site preparation
Founded
16 August 2012 · 14 years
Share capital
NOK 210,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Entreprenørvirksomhet innen bygg og anlegg. Samt salg av produkter som naturlig faller sammen med dette, herunder å delta i andre selskaper med lignende virksomhet samt kjøp og salg av aksjer.
(no translation available)
Contact
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Financial development
In its most recent annual report (2024), Ef Drift AS reported revenue of NOK 113.1m, a decrease of 24% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net profit of NOK 7.1m, and the EBITDA margin stood at 10.2%.
At the end of 2024, equity financed 81.3% of the balance sheet, and current assets covered short-term debt 9 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 113,130 | 149,277 | 178,464 | 146,803 | 126,598 |
| Staff expenses | -11,282 | -16,502 | -14,823 | -12,544 | -9,522 |
| EBITDA | 11,591 | 22,491 | 58,336 | 53,332 | 50,836 |
| Depreciation & amort. | -3,683 | -5,048 | -4,372 | -3,805 | -3,277 |
| EBIT | 7,908 | 17,442 | 53,963 | 49,527 | 47,559 |
| Net financials | 1,273 | -461 | -312 | -297 | -140 |
| Profit before tax | 9,180 | 16,981 | 53,652 | 49,230 | 47,419 |
| Tax | 2,045 | 3,744 | 11,811 | 10,831 | 10,431 |
| Net profit | 7,136 | 13,238 | 41,841 | 38,400 | 36,988 |
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Balance sheet
NOK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 68,064 | 97,065 | 133,743 | 127,243 | 118,349 |
| Equity | 55,355 | 53,319 | 40,082 | 37,741 | 69,227 |
| Long-term debt | 5,140 | 15,415 | 15,214 | 16,223 | 16,421 |
| Short-term debt | 7,568 | 28,331 | 78,448 | 73,280 | 32,701 |
| Total debt | 12,709 | 43,746 | 93,662 | 89,503 | 49,122 |
Financial ratios
5-year trendEBITDA margin
10.2 %
20202024
Equity ratio
81.3 %
Very strongAmong the 20% highest rated companies in the industry
20202024
Return on equity
12.9 %
AverageAround the average of companies in the same industry
20202024
Net profit margin
6.3 %
StrongAmong the 40% highest rated companies in the industry
20202024
Asset turnover
1.66×
AverageAround the average of companies in the same industry
20202024
Debt / equity
0.23×
Very strongAmong the 20% highest rated companies in the industry
20202024
Sector performance
27 of 28 ratios graded28 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 marginStrong
Among the 40% highest 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 marginStrong
Among the 40% highest 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)Strong
Among the 40% 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 20% 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 equityStrong
Among the 40% highest 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 strong
Among the 10% highest 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 ratioStrong
Among the 30% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
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 20% 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 20% 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 20% 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 coverageStrong
Among the 40% highest rated companies in the 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 marginStrong
Among the 40% highest 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 turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery strong
Among the 10% highest 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 equityAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery strong
Among the 10% highest 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.
Annual reports & filings
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (5)
SN Chief Executive Officer | Chief Executive Officer | 2023 – 2024 |
AE Deputy Member | Deputy Member | 2012 – 2021 |
AE Chief Executive Officer | Chief Executive Officer | 2012 – 2023 |
ES Chief Executive Officer | Chief Executive Officer | 2023 – 2023 |
AH Chief Executive Officer | Chief Executive Officer | 2024 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
JL Board of Directors | Board of Directors | 2023 |
AR Chairman | Chairman | 2021 |
LO Board of Directors | Board of Directors | 2021 |
Former (4)
EE Board of Directors | Board of Directors | 2012 – 2022 |
AE Chairman | Chairman | 2012 – 2021 |
AF Board of Directors | Board of Directors | 2012 – 2022 |
OG Board of Directors | Board of Directors | 2021 – 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
Green Landscaping Ab | Company | 100% | 100% | 2021 |
Green Landscaping Group Ab | Company | 100% | 100% | 2024 |
| Company | 100% | 100% | 2020 |
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Company hierarchy
Green Landscaping Ab
Ef Drift AS Board network connections
Board members of Ef Drift AS also hold positions in 116 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Atle Roll-Matthiesen | Chairman | 39 companiesMany roles |
| Espen Egner | Board of Directors | 18 companiesMany roles |
| Ola Gunnar Kjos | Board of Directors | 14 companiesMany roles |
| Jan Lervik | Board of Directors | 11 companiesMany roles |
| Lars Ola Sterud | Board of Directors | 11 companiesMany roles |
| Anders Egner | Chief Executive Officer | 10 companiesMany roles |
| Adrian Hopkinson Dahl | Chief Executive Officer | 4 companies |
| Anders Færgestad | Board of Directors | 4 companies |
| Sigurd Nymoen | Chief Executive Officer | 2 companies |
| Einar Samnøy | Chief Executive Officer | 2 companies |
| Aasmund Egner | Deputy Member | 1 company |
Frequently asked questions
What is the Org number of Ef Drift AS?
Ef Drift AS is registered with Brønnøysundsregistrene under Org 998822173.
What is the revenue of Ef Drift AS?
Ef Drift AS reported revenue of NOK 113.1m in 2024.
Who is the chairman of Ef Drift AS?
Atle Roll-Matthiesen chairs the board of Ef Drift AS, in role since 2021.
Where is Ef Drift AS headquartered?
Ef Drift AS's registered address is Haralds Vei 12.