LAB AS

Org. no. 880376152 · BERGEN · Founded 1998

Score · fiscal year 2023

47of 100

How to read this: the company is ahead of 45 % of medium-sized companies in the same sector in 2023. What does this mean?

Rank: 16,307 of 28,987 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 86 and solidity 22 out of 100 among medium-sized companies in the same sector in 2023. Methodology

Against the sector

LAB AS is 3 points below the median for medium-sized companies in the same sector in 2023.

Median score 50 among 950 companies.

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 margin – 4.6% not compared
Profit margin – 4.6% shown, not part of the index
Return on assets 23.7% 10.2% 86 %
Equity ratio 19.0% 28.9% 23 %
Debt-to-equity 4.26 2.38 21 %
Current ratio 0.70 1.33 8 %
Revenue growth – 24.8% not compared

The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 47, LAB AS does better than 45% of medium-sized companies in the same sector (950 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • LAB AS
  • Median: medium-sized companies in the same sector
Analysis · 2023

What the numbers say

LAB AS had an operating margin of – and an equity ratio of 19.0% in 2023, and ranks 16,307 of 28,987 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 91 MNOK and 920 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 92.0 MNOK 10.0 920 MNOK
EV/EBIT Operating profit: −13.7 MNOK 8.0 not meaningful
P/B Equity: 90.7 MNOK 1.0 91 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

    Consider strengthening liquidity: current liabilities are 1.4 times current assets.

    Based on: Current ratio 0.70 (median 1.33).

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

Financial costs were 3.4% 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.

Data quality

  • watch Revenue not reported
  • watch No revenue but large assets
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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability86 weight 30%
Solidity22 weight 25%
Liquidity8 weight 15%
Growth– no data, left out
Consistency47 weight 15%

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

2023

Questions and answers

How profitable is LAB AS?

The operating margin was – in 2023, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 23.7%.

How solid is LAB AS?

The equity ratio was 19.0% in 2023 (median 28.9%). Debt-to-equity was 4.26 (median 2.38).

What is the liquidity of LAB AS like?

The current ratio was 0.70 in 2023 (median 1.33). Current assets did not cover current liabilities.

How does LAB AS compare in Bygg og anlegg?

LAB AS ranks 16,307 of 28,987 in Bygg og anlegg for 2023. Among companies of the same size (medium-sized companies) it ranks 523 of 950.

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.
880376152
Legal form
AS · part of a group
Sector
Bygg og anlegg (41.000)
Size tier
medium
Employees
0–4 (not registered)
Founded
14 December 1998 27 years in operation
Share capital
0.60 MNOK
Business address
Kanalveien 105B, 5068 BERGEN
Municipality
Bergen rank 8 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.lab.no

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
Gard Haukedal Kvalheim
Chair of the board
Tormod Solberg
Board member
Lasse Smilden
Board member
Anny Øen
Deputy member
Amund Tøftum
Deputy member
Steinar Norheim
Auditor
CEDRA NORGE 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
Index474341
Rank16,30719,69921,861
Operating margin–––
Return on assets23.7%17.5%18.6%
Equity ratio19.0%20.8%18.1%
Current ratio0.700.520.28
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue–––
Operating profit−13.7 MNOK−13.4 MNOK−15.1 MNOK
Profit before tax99.8 MNOK59.8 MNOK67.3 MNOK
Net profit92.0 MNOK62.4 MNOK69.9 MNOK
Financial expenses13.2 MNOK12.7 MNOK10.7 MNOK
Total assets477.1 MNOK414.5 MNOK419.7 MNOK
Current assets128.5 MNOK87.3 MNOK96.6 MNOK
Equity90.7 MNOK86.1 MNOK76.1 MNOK
Retained earnings90.2 MNOK85.5 MNOK75.5 MNOK
Total liabilities386.4 MNOK328.4 MNOK343.7 MNOK
Current liabilities183.1 MNOK167.0 MNOK340.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4737149.

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