Kfdesign AS

Org. no. 823749422 · Fredrikstad · Founded 2019

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

Score · fiscal year 2024

50of 100

How to read this: the company is ahead of 50 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 1,065 of 2,140 · What are Morning company classes?
Place in the whole sector: 2,157 of 4,239 · Informasjon og kommunikasjon

Profile

Elephant · Steward

Lower profitability, high resilience

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 47 and resilience 63 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Kfdesign AS is at the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 2,140 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 1.5% (median 4.1%) and equity ratio 58.0% (median 39.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin 1.5% 4.1% 43 %
Profit margin 5.5% 4.0% shown, not part of the index
Return on assets 8.1% 7.9% 50 %
Equity ratio 58.0% 39.0% 67 %
Debt-to-equity 0.72 1.12 61 %
Current ratio 2.11 1.52 66 %
Revenue growth 7.7% 7.5% 50 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 50, Kfdesign AS does better than 50% of companies in the Morning class Micro in the same sector (2,140 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Kfdesign AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

Kfdesign AS had an operating margin of 1.5% and an equity ratio of 58.0% in 2024, and ranks 2,157 of 4,239 in Informasjon og kommunikasjon.

From 2023 to 2024: the operating margin fell from 10.4% to 1.5% and the equity ratio fell from 67.1% to 58.0%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 1 MNOK and 1 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2024): 0.1 MNOK 18.0 2 MNOK 1 MNOK
EV/EBIT Operating profit (mean 2023–2024): 0.1 MNOK
less net debt −0.4 MNOK (rough figure)
14.9 1 MNOK 1 MNOK
P/B Equity: 0.6 MNOK 3.6 2 MNOK 1 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple1 MNOK
Enterprise value after the size adjustment1 MNOK
Less net debt (rough figure)0 MNOK
Equity value1 MNOK

Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt. Net debt is −62% of the enterprise value after the size adjustment, so the equity value from EV/EBIT is sensitive to errors in the debt figure.

The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.

The multiples are from the listed industry that matches the NACE code (62): Computer Services.

Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Indications · 2024

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 2.1% 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.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2026

Scenario analysis: the sector's weakest year

We have no accounts for 2026, the sector's weakest year, for this company.

The sector's weakest year was 2026, with a median operating margin of 4.1%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability47 weight 40%
Solidity64 weight 20%
Liquidity66 weight 5%
Growth39 weight 25%
Consistency59 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Durability: 60 (average over 2 years)

Index version 3. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Kfdesign AS?

The operating margin was 1.5% in 2024, against a median of 4.1% among companies in the Morning class Micro in the same sector. Return on assets was 8.1%.

How solid is Kfdesign AS?

The equity ratio was 58.0% in 2024 (median 39.0%). Debt-to-equity was 0.72 (median 1.12).

What is the liquidity of Kfdesign AS like?

The current ratio was 2.11 in 2024 (median 1.52).

How does Kfdesign AS compare in Informasjon og kommunikasjon?

Kfdesign AS ranks 2,157 of 4,239 in Informasjon og kommunikasjon for 2024. Among companies in the Morning class Micro it is number 1,065 of 2,140. Revenue changed by 7.7% from the year before.

From the Central Coordinating Register

Org. no.
823749422
Legal form
AS
Sector
Informasjon og kommunikasjon (62.100)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
6 October 2019 7 years in operation
Share capital
0.03 MNOK
Business address
Kongleveien 21, 1664 ROLVSØY (FREDRIKSTAD)
Municipality
Fredrikstad rank 11 of 11 in KOSTRA group 12
Audit
Audit opted out from 22 November 2019
Latest accounts filed
2025
The company's business municipality, Fredrikstad. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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

Loading roles …

Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%
Group chain
Ultimate owner: private person

The company is new in the shareholder register in 2025.

Holds shares in: Medthings AS (0%), Jopa Holding AS (6%)

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

Error in the data?

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Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index7050–
Rank7342,157–
Operating margin10.4%1.5%7.3%
Return on assets20.2%8.1%12.2%
Equity ratio67.1%58.0%70.7%
Current ratio2.582.113.00
Revenue growth–7.7%−48.0%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue1.2 MNOK1.3 MNOK0.7 MNOK
Operating profit0.1 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.1 MNOK0.1 MNOK0.1 MNOK
Tax expense0.0 MNOK0.0 MNOK0.0 MNOK
Net profit0.1 MNOK0.1 MNOK0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.7 MNOK1.0 MNOK0.9 MNOK
Current assets0.6 MNOK0.9 MNOK0.8 MNOK
Equity0.5 MNOK0.6 MNOK0.7 MNOK
Retained earnings0.5 MNOK0.5 MNOK0.6 MNOK
Total liabilities0.2 MNOK0.4 MNOK0.3 MNOK
Current liabilities0.2 MNOK0.4 MNOK0.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 5789197.