Ramo AS

Org. no. 866410062 · Lillestrøm · Founded 1993 · 15 employees

Score · fiscal year 2023

58of 100

How to read this: the company is ahead of 62 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?

Rank in the Morning class Medium: 1,236 of 3,281 · What are Morning company classes?
Place in the whole sector: 7,989 of 21,088 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 46 and solidity 63 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology

Against the sector

Ramo AS is 8 points above the median for companies in the Morning class Medium in the same sector in 2023.

Median score 50 among 3,281 companies.

Against companies in the Morning class Medium in the same sector in 2023: operating margin 2.5% (median 2.9%) and equity ratio 38.4% (median 29.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue188 MNOK91 MNOK
Operating margin 2.5% 2.9% 46 %
Profit margin −1.1% 2.7% shown, not part of the index
Return on assets 10.5% 11.6% 46 %
Equity ratio 38.4% 29.5% 64 %
Debt-to-equity 1.60 2.32 63 %
Current ratio 1.59 1.39 61 %
Revenue growth – 5.2% not compared
Revenue per employee12.53 MNOK4.75 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 58, Ramo AS does better than 62% of companies in the Morning class Medium in the same sector (3,281 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Ramo AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2023

What the numbers say

Ramo AS had an operating margin of 2.5% and an equity ratio of 38.4% in 2023, and ranks 7,989 of 21,088 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 34 MNOK and 39 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −1.6 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 4.8 MNOK
minus net debt −1.0 MNOK
8.0 39 MNOK
P/B Equity: 34.3 MNOK 1.0 34 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

Indications · 2023

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −1.1% (median 2.7%).

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

Financial costs were 20.8% of the debt in 2023. The policy rate averaged 3.54 % 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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability46 weight 30%
Solidity63 weight 25%
Liquidity61 weight 15%
Growth– no data, left out
Consistency68 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Ramo AS?

The operating margin was 2.5% in 2023, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 10.5%. The company made a loss before tax.

How solid is Ramo AS?

The equity ratio was 38.4% in 2023 (median 29.5%). Debt-to-equity was 1.60 (median 2.32).

What is the liquidity of Ramo AS like?

The current ratio was 1.59 in 2023 (median 1.39).

How does Ramo AS compare in Handel?

Ramo AS ranks 7,989 of 21,088 in Handel for 2023. Among companies in the Morning class Medium it is number 1,236 of 3,281.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

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.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
866410062
Legal form
AS · part of a group
Sector
Handel (46.490)
Morning company class
Medium
Employees
15 registered 10 July 2026
Founded
2 January 1993 33 years in operation
Share capital
2.00 MNOK
Business address
Hvamsvingen 4, 2013 SKJETTEN (LILLESTRØM)
Municipality
Lillestrøm rank 7 of 11 in KOSTRA group 12
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 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index583931
Rank7,98915,52418,559
Operating margin2.5%−2.1%−4.8%
Return on assets10.5%−2.3%−5.3%
Equity ratio38.4%46.1%36.0%
Current ratio1.591.771.48
Revenue growth–−34.2%−4.4%

Accounts

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

Key figure202320242025
Operating revenue187.9 MNOK123.7 MNOK118.3 MNOK
Operating profit4.8 MNOK−2.5 MNOK−5.6 MNOK
Profit before tax−2.1 MNOK−4.4 MNOK−5.3 MNOK
Net profit−1.6 MNOK−3.4 MNOK−4.1 MNOK
Financial expenses11.4 MNOK2.8 MNOK1.4 MNOK
Total assets89.2 MNOK67.0 MNOK73.9 MNOK
Current assets87.3 MNOK64.0 MNOK69.9 MNOK
Equity34.3 MNOK30.9 MNOK26.6 MNOK
Retained earnings29.7 MNOK26.2 MNOK21.5 MNOK
Total liabilities54.9 MNOK36.2 MNOK47.3 MNOK
Current liabilities54.9 MNOK36.2 MNOK47.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5018851.

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