Slinde Eigedom AS

Org. no. 842971632 · Lærdal · AS

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

Key facts

Employees – Not registered in the Central Coordinating Register
Operating revenue · 2025 15.0 MNOK Small
Net profit · 2025 8.3 MNOK
Equity · 2025 21.4 MNOK
Founded 1987 39 years in operation
Sector Transport og lagring 49.410
Quick check · fiscal year 2025

Is the company run well?

Five key figures against companies in the Morning class Small in the same sector. Green is better than most, amber about like the industry and red weaker than most.

  • Profitability · operating margin 78.4% Better than the industry Industry: 4.3%
  • Returns · return on assets 18.6% Better than the industry Industry: 9.7%
  • Solidity · equity ratio 31.4% About like the industry Industry: 34.3%
  • Liquidity · current ratio 0.61 Weaker than the industry Industry: 1.45
  • Growth · revenue growth −3.9% Weaker than the industry Industry: 6.2%

The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology

Score · fiscal year 2025

57of 100

How to read this: the company is ahead of 62 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 524 of 1,392 · What are Morning company classes?
Place in the whole sector: 1,878 of 4,997 · Transport og lagring

Profile

Cheetah · Sprinter

High profitability, lower resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 87 and resilience 42 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Slinde Eigedom AS is 5 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 52 among 1,392 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 78.4% (median 4.3%) and equity ratio 31.4% (median 34.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Development

How it has gone · 2023–2025

Revenue rose by 35 % from 2023 to 2025, to 15.0 MNOK. The operating margin rose from 73.3% in 2023 to 78.4% in 2025. The equity ratio is about the same: 31.4% in 2025 against 31.6% in 2023.

Score · 2025 57 −4 points since 2023 (weaker)
Operating revenue · 2025 15.0 MNOK +35% since 2023 (better)
Net profit · 2025 8.3 MNOK +70% since 2023 (better)
Operating margin · 2025 78.4% +5.1 pp since 2023 (better)
Equity ratio · 2025 31.4% about the same since 2023
Current ratio · 2025 0.61 +0.34 since 2023 (better)

Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year

Accounts in short

Key figure202320242025
Operating revenue11.1 MNOK15.6 MNOK15.0 MNOK
Operating profit8.1 MNOK12.6 MNOK11.8 MNOK
Net profit4.9 MNOK8.6 MNOK8.3 MNOK
Total assets55.3 MNOK64.9 MNOK68.1 MNOK
Equity17.5 MNOK19.6 MNOK21.4 MNOK
Total liabilities37.8 MNOK45.3 MNOK46.7 MNOK

From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year

From the Central Coordinating Register

Org. no.
842971632
Legal form
AS
Sector
Transport og lagring (49.410)
Purpose
Utleige av fast eigedom og dermed beslektet virksomhet.
Morning company class
Small
Employees
0–4 (not registered)
Founded
10 April 1987 39 years in operation
Share capital
0.68 MNOK
Business address
Lærdalsvegen 728, 6887 LÆRDAL
Municipality
Lærdal rank 1 of 33 in KOSTRA group 5
Latest accounts filed
2025
VAT registered
Yes
Former names
Slinde Transport AS until 2006
The company's business municipality, Lærdal. 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

Summary analysis

Slinde Eigedom AS has a score of 57 for 2025, rank 1,878 of 4,997 in the sector.

Strongest: Profitability: percentile 87 against peers, operating margin 78.4% against a median of 4.3%.

Weakest: Liquidity: percentile 5 against peers, current ratio 0.61 against a median of 1.45. Growth: percentile 29 against peers, revenue growth −3.9% against a median of 6.2%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Indications · 2025

Worth a closer look

  • watch

    Consider strengthening liquidity: current liabilities are 1.6 times current assets.

    Based on: Current ratio 0.61 (median 1.45).

  • watch

    Current liabilities exceed current assets other than bank deposits, and the current ratio is weak. Is it customer prepayments and supplier credit that fund the operations, or short-term loans that must be renewed?

    Based on: Net working capital to revenue −60.2% (median −3.3%); Current ratio 0.61 (median 1.45).

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

Financial costs were 4.4% 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

No anomalies found in the figures.

Stress test · 2022

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 2.3%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability87 weight 40%
Solidity45 weight 20%
Liquidity5 weight 5%
Growth29 weight 25%
Consistency55 weight 10%

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

Durability: 63 (average over 3 years)

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

Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue15 MNOK20 MNOK
Operating margin 78.4% 4.3% 99 %
Profit margin 71.0% 3.9% shown, not part of the index
Return on assets 18.6% 9.7% 75 %
Equity ratio 31.4% 34.3% 47 %
Debt-to-equity 2.18 1.59 42 %
Current ratio 0.61 1.45 5 %
Revenue growth −3.9% 6.2% 24 %

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 57, Slinde Eigedom AS does better than 62% of companies in the Morning class Small in the same sector (1,392 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Slinde Eigedom AS
  • Median: companies in the Morning class Small in the same sector
Working capital and debt · 2025

Working capital and debt

Working capital and debt · 2025
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
20 days 49 days 7 %
Inventory and other current assets, days
Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue.
0 days 0 days 32 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−60.2% −3.3% 2 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
86.7% 42.5% 95 %
Debt and interest burden
Interest coverage (times)
Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt.
5.8 5.3 51 %
Financial costs as a share of debt
All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate.
4.4% 2.0% 74 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
– 23.4% not compared

Net working capital (current assets less bank deposits less current liabilities): −9.0 MNOK.

Of the financial costs of 2.0 MNOK, 2.0 MNOK is reported as interest costs in the accounts.

The median and the bar refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.

The industry or the company: what drove the result?

In 2025 the operating margin of Slinde Eigedom AS fell by 2.7 percentage points. Comparable companies fell by a median 0.3 points. So the company did 2.4 points weaker than the industry, for reasons of its own.

Over 2 year-to-year changes Slinde Eigedom AS moved the same way as comparable companies 1 times. About 4% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of Slinde Eigedom AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
202481.1%4.6% +7.8 percentage points −0.2 percentage points +8.0 percentage points
202578.4%4.3% −2.7 percentage points −0.3 percentage points −2.4 percentage points

Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.

The company and its sector's drivers

Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Slinde Eigedom AS. The figures stand side by side; we claim no cause.

Service prices: transport and storage (indeks (2021 = 100))

Service prices: transport and storage per year and the operating margin of Slinde Eigedom AS
Measure2023202420252026
Service prices: transport and storage, annual average––114.6119.3 (so far)
Change from the year before–––+4.1%
The company's operating margin73.3%81.1%78.4%–

Source: SSB (14335, CC BY 4.0). Source

Turnover index: transport and storage (49–53, incl. shipping) (indeks (2021 = 100))

Turnover index: transport and storage (49–53, incl. shipping) rose 2.6% in 2025; the operating margin of Slinde Eigedom AS fell 2.7 percentage points.

Turnover index: transport and storage (49–53, incl. shipping) per year and the operating margin of Slinde Eigedom AS
Measure202120222023202420252026
Turnover index: transport and storage (49–53, incl. shipping), annual average99.6124.2125.0128.8132.2137.4 (so far)
Change from the year before−2.2%+24.7%+0.7%+3.1%+2.6%+3.9%
The company's operating margin––73.3%81.1%78.4%–

Source: SSB (13863, CC BY 4.0). Source

Oil price (export price of crude oil) (kr per fat)

Oil price (export price of crude oil) fell 17.6% in 2025; the operating margin of Slinde Eigedom AS fell 2.7 percentage points.

Oil price (export price of crude oil) per year and the operating margin of Slinde Eigedom AS
Measure202120222023202420252026
Oil price (export price of crude oil), annual average609979877859708881 (so far)
Change from the year before+61.1%+60.8%−10.5%−2.0%−17.6%+24.5%
The company's operating margin––73.3%81.1%78.4%–

Source: SSB (08799, CC BY 4.0). Source

Consumer price index (indeks (2025 = 100))

Consumer price index rose 3.0% in 2025; the operating margin of Slinde Eigedom AS fell 2.7 percentage points.

Consumer price index per year and the operating margin of Slinde Eigedom AS
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0103.0 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+3.0%
The company's operating margin––73.3%81.1%78.4%–

Source: SSB (14710, CC BY 4.0). Source

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Slinde Eigedom AS fell 2.7 percentage points.

Policy rate per year and the operating margin of Slinde Eigedom AS
Measure202120222023202420252026
Policy rate, annual average0.081.323.544.504.304.17 (so far)
Change from the year before−0.28 percentage points+1.24 percentage points+2.22 percentage points+0.96 percentage points−0.20 percentage points−0.12 percentage points
The company's operating margin––73.3%81.1%78.4%–

Source: Norges Bank (IR, NLOD 2.0). Source

Wage index: land transport (indeks)

Wage index: land transport rose 5.1% in 2025; the operating margin of Slinde Eigedom AS fell 2.7 percentage points.

Wage index: land transport per year and the operating margin of Slinde Eigedom AS
Measure202120222023202420252026
Wage index: land transport, annual average87.591.195.7101.0106.2108.9 (so far)
Change from the year before+3.3%+4.1%+5.1%+5.5%+5.1%+2.5%
The company's operating margin––73.3%81.1%78.4%–

Source: SSB (12314, CC BY 4.0). Source

We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.

Analysis · 2025

What the numbers say

Slinde Eigedom AS had an operating margin of 78.4% and an equity ratio of 31.4% in 2025, and ranks 1,878 of 4,997 in Transport og lagring.

From 2024 to 2025: the operating margin fell from 81.1% to 78.4%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 22 MNOK and 129 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 7.3 MNOK 15.1 110 MNOK 75 MNOK
EV/EBIT Operating profit (mean 2023–2025): 10.8 MNOK
less net debt −5.2 MNOK (rough figure)
16.7 186 MNOK 129 MNOK
P/B Equity: 21.4 MNOK 1.5 32 MNOK 22 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple181 MNOK
Enterprise value after the size adjustment123 MNOK
Less net debt (rough figure)−5 MNOK
Equity value129 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.

The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 3% on the cost of equity gives a value 32% 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 (49.4): Trucking.

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

2025

Questions and answers

How profitable is Slinde Eigedom AS?

The operating margin was 78.4% in 2025, against a median of 4.3% among companies in the Morning class Small in the same sector. Return on assets was 18.6%.

How solid is Slinde Eigedom AS?

The equity ratio was 31.4% in 2025 (median 34.3%). Debt-to-equity was 2.18 (median 1.59).

What is the liquidity of Slinde Eigedom AS like?

The current ratio was 0.61 in 2025 (median 1.45). Current assets did not cover current liabilities.

How does Slinde Eigedom AS compare in Transport og lagring?

Slinde Eigedom AS ranks 1,878 of 4,997 in Transport og lagring for 2025. Among companies in the Morning class Small it is number 524 of 1,392. Revenue changed by −3.9% from the year before.

2025

Competitors

The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.

Grude Transport AS: 81 / 59Bråthen Maskinstasjon AS: 85 / 72Bct Terminal AS: 2 / 2Vestmar Transport AS: 79 / 46Lillebø Transport AS: 16 / 29Slinde Eigedom AS: 87 / 42A.Eliassen Transport AS: 9 / 35I.A.Guttorm Transport AS: 60 / 71Maskin-Frakt AS: 69 / 3900252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Grude Transport AS Lion 15 MNOK 12.6% 69
Bråthen Maskinstasjon AS Lion 15 MNOK 17.2% 80
Bct Terminal AS Beaver 15 MNOK −15.6% 2
Vestmar Transport AS Cheetah 15 MNOK 14.1% 57
Lillebø Transport AS Beaver 15 MNOK −2.2% 22
Slinde Eigedom AS (this company) Cheetah 15 MNOK 78.4% 57
A.Eliassen Transport AS Beaver 15 MNOK −5.5% 19
I.A.Guttorm Transport AS Lion 15 MNOK 6.0% 68
Maskin-Frakt AS Cheetah 15 MNOK 6.0% 57

The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis

Group structure · 2025

5 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.

Private persons own 100% of the shares in Slinde Invest AS. Persons are not shown by name.

Slinde Invest AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.

The group in figures

Sectors
Transport og lagring (3 companies), Eiendom (2 companies) 5 of 5 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
Employees in Norway
85 in all. Lærdal 85 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
  • Slinde Invest AS holding company · Transport og lagring
    • Slinde Eigedom AS you are here 100% owned · operating · index 57 · number 1878 of 4997 in Transport og lagring
    • Slinde Transport AS 100% owned · operating · index 45 · number 3040 of 4997 in Transport og lagring
    • Hallingterminalen AS 100% owned · operating · index 54 · number 12163 of 30137 in Eiendom
    • Torpovegen 553 AS 100% owned · operating · Eiendom

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 2 November 2026. Only names are shown.

Shareholders (2025)

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

Change 2007–2025: no material change in the owners.

Holds shares in: Saften AS (14%), Fresvik Produkt AS (0%)

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?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

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Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index617057
Rank1,4546611,878
Operating margin73.3%81.1%78.4%
Return on assets14.8%20.2%18.6%
Equity ratio31.6%30.2%31.4%
Current ratio0.270.540.61
Revenue growth–40.8%−3.9%

Accounts

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

Key figure202320242025
Operating revenue11.1 MNOK15.6 MNOK15.0 MNOK
Operating profit8.1 MNOK12.6 MNOK11.8 MNOK
Profit before tax6.3 MNOK11.0 MNOK10.7 MNOK
Tax expense1.4 MNOK2.4 MNOK2.3 MNOK
Net profit4.9 MNOK8.6 MNOK8.3 MNOK
Financial expenses1.9 MNOK2.1 MNOK2.0 MNOK
Total assets55.3 MNOK64.9 MNOK68.1 MNOK
Current assets2.0 MNOK5.6 MNOK6.0 MNOK
Equity17.5 MNOK19.6 MNOK21.4 MNOK
Retained earnings16.8 MNOK18.9 MNOK20.7 MNOK
Total liabilities37.8 MNOK45.3 MNOK46.7 MNOK
Current liabilities7.2 MNOK10.4 MNOK9.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 7024804.