Sørsida Utvikling AS
Score · fiscal year 2025
31of 100
How to read this: the company is ahead of 17 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 987 of 1,187 · What are Morning company classes?
Place in the whole sector: 1,414 of 1,670 · Revisjon, regnskap og rådgivning
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 6 and solidity 98 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Sørsida Utvikling AS is 19 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 1,187 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −331.6% (median 10.0%) and equity ratio 96.5% (median 45.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 3 MNOK |
| Operating margin | −331.6% | 10.0% |
| Profit margin | −323.6% | 10.6% |
| Return on assets | −4.8% | 17.4% |
| Equity ratio | 96.5% | 45.9% |
| Debt-to-equity | 0.04 | 0.99 |
| Current ratio | 0.25 | 1.71 |
| Revenue growth | −36.4% | 5.1% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 31, Sørsida Utvikling AS does better than 17% of companies in the Morning class Micro in the same sector (1,187 companies) in 2025.
Score 2023–2025
- Sørsida Utvikling AS
- Median: companies in the Morning class Micro in the same sector
Sørsida Utvikling AS has a score of 31 for 2025, rank 1,414 of 1,670 in the sector.
Strongest: Solidity: percentile 98 against peers, equity ratio 96.5% against a median of 45.9%.
Weakest: Liquidity: percentile 2 against peers, current ratio 0.25 against a median of 1.71. Growth: percentile 5 against peers, revenue growth −36.4% against a median of 5.1%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 4.0 times current assets. Based on: current ratio 0.25 (median 1.71).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −323.6% (median 10.6%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −331.6% (median 10.0%).
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Sørsida Utvikling AS had an operating margin of −331.6% and an equity ratio of 96.5% in 2025, and ranks 1,414 of 1,670 in Revisjon, regnskap og rådgivning.
From 2024 to 2025: the operating margin fell from −204.7% to −331.6% and revenue fell by 36%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 128 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 128 MNOK |
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
Consider strengthening liquidity: current liabilities are 4.0 times current assets.
Based on: Current ratio 0.25 (median 1.71).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −323.6% (median 10.6%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −331.6% (median 10.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% of the debt in 2025. The policy rate averaged 4.30 % 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
- watch Extreme margin: check the figures
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 7.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 6 | weight 30% |
|---|---|---|
| Solidity | 98 | weight 25% |
| Liquidity | 2 | weight 15% |
| Growth | 5 | weight 15% |
| Consistency | 25 | weight 15% |
Durability: 34 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Sørsida Utvikling AS?
The operating margin was −331.6% in 2025, against a median of 10.0% among companies in the Morning class Micro in the same sector. Return on assets was −4.8%. The company made a loss before tax.
How solid is Sørsida Utvikling AS?
The equity ratio was 96.5% in 2025 (median 45.9%). Debt-to-equity was 0.04 (median 0.99).
What is the liquidity of Sørsida Utvikling AS like?
The current ratio was 0.25 in 2025 (median 1.71). Current assets did not cover current liabilities.
How does Sørsida Utvikling AS compare in Revisjon, regnskap og rådgivning?
Sørsida Utvikling AS ranks 1,414 of 1,670 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Micro it is number 987 of 1,187. Revenue changed by −36.4% from the year before.
Group accounts · 2025
45 of 100
Rank 13 of 21 groups in Revisjon, regnskap og rådgivning. Groups are ranked only against other groups in the same sector, never against single companies.
- Operating revenue, group
- 6 MNOK
- Operating profit, group
- −12 MNOK
- Profit before tax, group
- −12 MNOK
- Total assets, group
- 123 MNOK
- Equity, group
- 117 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | −222.9% | −331.6% |
| Return on assets | −9.7% | −4.8% |
| Equity ratio | 95.4% | 96.5% |
| Current ratio | 1.43 | 0.25 |
| Revenue growth | 3.5% | −36.4% |
Group index in earlier years: 2023: 56 (13 of 31), 2024: 52 (11 of 21).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 823806752
- Legal form
- AS
- Sector
- Revisjon, regnskap og rådgivning (70.200)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 10 October 2019 7 years in operation
- Share capital
- 2.00 MNOK
- Business address
- Keiser Wilhelms gate 22, 6003 ÅLESUND
- Municipality
- Ålesund rank 2–6 of 10 in KOSTRA group 11
- 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
Loading roles …
Source: Central Coordinating Register, fetched 1 November 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 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 42 | 30 | 31 | |
| Rank | 1,021 | 1,439 | 1,414 | |
| Operating margin | −26.3% | −204.7% | −331.6% | |
| Return on assets | −2.0% | −3.3% | −4.8% | |
| Equity ratio | 86.5% | 87.8% | 96.5% | |
| Current ratio | 2.11 | 0.53 | 0.25 | |
| Revenue growth | – | −62.1% | −36.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 8.2 MNOK | 3.1 MNOK | 2.0 MNOK |
| Operating profit | −2.1 MNOK | −6.3 MNOK | −6.5 MNOK |
| Profit before tax | −3.9 MNOK | −8.4 MNOK | −6.4 MNOK |
| Net profit | −3.9 MNOK | −8.4 MNOK | −6.4 MNOK |
| Financial expenses | 0.7 MNOK | 3.4 MNOK | 0.0 MNOK |
| Total assets | 165.0 MNOK | 152.9 MNOK | 132.6 MNOK |
| Current assets | 9.0 MNOK | 9.8 MNOK | 1.2 MNOK |
| Equity | 142.7 MNOK | 134.3 MNOK | 127.9 MNOK |
| Retained earnings | 0.0 MNOK | – | – |
| Total liabilities | 22.3 MNOK | 18.6 MNOK | 4.6 MNOK |
| Current liabilities | 4.2 MNOK | 18.6 MNOK | 4.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7092244.
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