ØST RØRSERVICE AS
Score · fiscal year 2024
33of 100
How to read this: the company is ahead of 22 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 14,557 of 18,578 · What are Morning company classes?
Place in the whole sector: 15,310 of 19,490 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 49 and solidity 0 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
ØST RØRSERVICE AS is 18 points below the median for companies in the Morning class Small in the same sector in 2024.
Median score 51 among 18,569 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin 5.5% (median 4.1%) and equity ratio −15.5% (median 33.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 5 MNOK |
| Operating margin | 5.5% | 4.1% |
| Profit margin | 2.1% | 3.6% |
| Return on assets | 6.2% | 9.3% |
| Equity ratio | −15.5% | 33.8% |
| Debt-to-equity | – | 1.56 |
| Current ratio | 1.01 | 1.45 |
| Revenue growth | 8.2% | 4.2% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 33, ØST RØRSERVICE AS does better than 22% of companies in the Morning class Small in the same sector (18,578 companies) in 2024.
Score 2023–2025
- ØST RØRSERVICE AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
ØST RØRSERVICE AS had an operating margin of 5.5% and an equity ratio of −15.5% in 2024, and ranks 15,310 of 19,490 in Bygg og anlegg.
From 2023 to 2024: went from a loss to a profit before tax and the operating margin rose from −8.3% to 5.5%.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | not meaningful |
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
Worth a closer look
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −15.5% (median 33.8%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.3% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
- critical Negative equity
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 49 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 24 | weight 15% |
| Growth | 55 | weight 15% |
| Consistency | 41 | weight 15% |
Durability: 20 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ØST RØRSERVICE AS?
The operating margin was 5.5% in 2024, against a median of 4.1% among companies in the Morning class Small in the same sector. Return on assets was 6.2%.
How solid is ØST RØRSERVICE AS?
The equity ratio was −15.5% in 2024 (median 33.8%). Equity is negative, so liabilities exceed assets.
What is the liquidity of ØST RØRSERVICE AS like?
The current ratio was 1.01 in 2024 (median 1.45).
How does ØST RØRSERVICE AS compare in Bygg og anlegg?
ØST RØRSERVICE AS ranks 15,310 of 19,490 in Bygg og anlegg for 2024. Among companies in the Morning class Small it is number 14,557 of 18,578. Revenue changed by 8.2% from the year before.
From the Central Coordinating Register
- Org. no.
- 815612752
- Legal form
- AS
- Sector
- Bygg og anlegg (43.221)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 26 June 2015 11 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Sperlingveien 11, 1654 SELLEBAKK (FREDRIKSTAD)
- Municipality
- Fredrikstad rank 11 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 2 July 2015
- 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
- Arne Jørgen Johnsen
- Chair of the board
- Arne Jørgen Johnsen
- Accountant
- BRÆNDS ØKONOMI AS
Source: Central Coordinating Register, fetched 29 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 7 | 33 | 33 | |
| Rank | 17,587 | 15,310 | 16,149 | |
| Operating margin | −8.3% | 5.5% | 4.7% | |
| Return on assets | −13.2% | 6.2% | 8.0% | |
| Equity ratio | −27.5% | −15.5% | −19.7% | |
| Current ratio | 0.52 | 1.01 | 0.90 | |
| Revenue growth | – | 8.2% | 12.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.3 MNOK | 2.4 MNOK | 2.8 MNOK |
| Operating profit | −0.2 MNOK | 0.1 MNOK | 0.1 MNOK |
| Profit before tax | −0.3 MNOK | 0.1 MNOK | 0.0 MNOK |
| Net profit | −0.2 MNOK | 0.1 MNOK | 0.0 MNOK |
| Financial expenses | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 1.4 MNOK | 2.2 MNOK | 1.6 MNOK |
| Current assets | 0.4 MNOK | 0.9 MNOK | 0.6 MNOK |
| Equity | −0.4 MNOK | −0.3 MNOK | −0.3 MNOK |
| Retained earnings | −0.4 MNOK | −0.4 MNOK | −0.4 MNOK |
| Total liabilities | 1.8 MNOK | 2.5 MNOK | 2.0 MNOK |
| Current liabilities | 0.9 MNOK | 0.9 MNOK | 0.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5968807.
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