Orient Holding AS

Org. no. 879908752 · Bodø · Founded 1998

Score · fiscal year 2024

48of 100

How to read this: the company is ahead of 44 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 3,992 of 7,161 · What are Morning company classes?
Place in the whole sector: 12,195 of 22,237 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 38 and solidity 67 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

Orient Holding AS is 3 points below the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 7,161 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 1.3% (median 3.0%) and equity ratio 51.6% (median 36.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue22 MNOK20 MNOK
Operating margin 1.3% 3.0% 35 %
Profit margin −67.7% 2.7% shown, not part of the index
Return on assets 6.2% 8.9% 41 %
Equity ratio 51.6% 36.3% 68 %
Debt-to-equity 0.94 1.53 65 %
Current ratio 1.10 1.71 20 %
Revenue growth 32.9% 3.8% 88 %

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 48, Orient Holding AS does better than 44% of companies in the Morning class Small in the same sector (7,161 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Orient Holding AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

Orient Holding AS had an operating margin of 1.3% and an equity ratio of 51.6% in 2024, and ranks 12,195 of 22,237 in Handel.

From 2023 to 2024: went from a profit to a loss before tax and revenue grew by 33%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 51 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −16.2 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.3 MNOK
minus net debt 31.1 MNOK
8.0 debt above value
P/B Equity: 51.1 MNOK 1.0 51 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 · 2024

Worth a closer look

  • watch

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

    Based on: Profit margin −67.7% (median 2.7%).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 32.9% (median 3.8%); Current ratio 1.10 (median 1.71).

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

Financial costs were 44.4% 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 · 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 · 2024

What the score is made of

Profitability38 weight 30%
Solidity67 weight 25%
Liquidity20 weight 15%
Growth88 weight 15%
Consistency23 weight 15%

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Orient Holding AS?

The operating margin was 1.3% in 2024, against a median of 3.0% among companies in the Morning class Small in the same sector. Return on assets was 6.2%. The company made a loss before tax.

How solid is Orient Holding AS?

The equity ratio was 51.6% in 2024 (median 36.3%). Debt-to-equity was 0.94 (median 1.53).

What is the liquidity of Orient Holding AS like?

The current ratio was 1.10 in 2024 (median 1.71).

How does Orient Holding AS compare in Handel?

Orient Holding AS ranks 12,195 of 22,237 in Handel for 2024. Among companies in the Morning class Small it is number 3,992 of 7,161. Revenue changed by 32.9% from the year before.

Group accounts · 2024

37 of 100

Rank 204 of 275 groups in the Morning class Medium in Handel. Groups are ranked only against other groups in the same sector and class, never against single companies.

Operating revenue, group
55 MNOK
Operating profit, group
3 MNOK
Profit before tax, group
−4 MNOK
Total assets, group
289 MNOK
Equity, group
59 MNOK
Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2024)
Operating margin5.3% 1.3%
Return on assets1.5% 6.2%
Equity ratio20.3% 51.6%
Current ratio1.72 1.10
Revenue growth7.3% 32.9%

Group index in earlier years: 2023: 42 (295 of 464).

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 2024 (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.
879908752
Legal form
AS
Sector
Handel (46.900)
Morning company class
Small
Employees
0–4 (not registered)
Founded
4 May 1998 28 years in operation
Share capital
12.12 MNOK
Business address
2. etg., Sjøgata 33A, 8006 BODØ
Municipality
Bodø rank 4–9 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

Chief executive
Stephen On Lung Fu
Chair of the board
Terje Andreassen
Board member
Halle Ragnar Sivertsen
Board member
Per Trygve Kongsnes
Board member
Mari Salum Karadas
Auditor
Cedra Norge AS
Accountant
Aider 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index–4847
Rank–12,19513,170
Operating margin0.0%1.3%8.2%
Return on assets2.7%6.2%4.3%
Equity ratio59.4%51.6%49.2%
Current ratio0.861.100.94
Revenue growth–32.9%11.1%

Accounts

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

Key figure202320242025
Operating revenue16.8 MNOK22.3 MNOK24.8 MNOK
Operating profit0.0 MNOK0.3 MNOK2.0 MNOK
Profit before tax0.9 MNOK−15.1 MNOK−9.2 MNOK
Net profit0.4 MNOK−16.2 MNOK−10.0 MNOK
Financial expenses2.1 MNOK21.3 MNOK13.3 MNOK
Total assets113.2 MNOK99.1 MNOK95.8 MNOK
Current assets9.7 MNOK15.8 MNOK19.8 MNOK
Equity67.3 MNOK51.1 MNOK47.2 MNOK
Retained earnings7.1 MNOK––
Total liabilities45.9 MNOK48.0 MNOK48.6 MNOK
Current liabilities11.3 MNOK14.4 MNOK21.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6290467.