Solid AS

Org. no. 880622722 · Tromsø · Founded 1999 · 33 employees

Score · fiscal year 2023

73of 100

How to read this: the company is ahead of 85 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 77 of 520 · What are Morning company classes?
Place in the whole sector: 326 of 1,967 · Overnatting og servering

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 52 and solidity 87 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

Solid AS is 23 points above the median for companies in the Morning class Small in the same sector in 2023.

Median score 50 among 520 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 3.3% (median 4.0%) and equity ratio 58.4% (median 19.7%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue13 MNOK16 MNOK
Operating margin 3.3% 4.0% 47 %
Profit margin 3.2% 3.7% shown, not part of the index
Return on assets 14.9% 11.7% 57 %
Equity ratio 58.4% 19.7% 88 %
Debt-to-equity 0.71 2.89 86 %
Current ratio 1.88 1.04 83 %
Revenue growth – 4.8% not compared
Revenue per employee0.40 MNOK0.70 MNOK

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

With an index of 73, Solid AS does better than 85% of companies in the Morning class Small in the same sector (520 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Solid AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

Solid AS had an operating margin of 3.3% and an equity ratio of 58.4% in 2023, and ranks 326 of 1,967 in Overnatting og servering.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 2 MNOK and 5 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: 0.4 MNOK
minus net debt −1.2 MNOK
8.0 5 MNOK
P/B Equity: 1.7 MNOK 1.0 2 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

No rules were triggered for this year.

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

Financial costs were 1.2% 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 2.2%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability52 weight 30%
Solidity87 weight 25%
Liquidity83 weight 15%
Growth– no data, left out
Consistency81 weight 15%

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

2023

Questions and answers

How profitable is Solid AS?

The operating margin was 3.3% in 2023, against a median of 4.0% among companies in the Morning class Small in the same sector. Return on assets was 14.9%.

How solid is Solid AS?

The equity ratio was 58.4% in 2023 (median 19.7%). Debt-to-equity was 0.71 (median 2.89).

What is the liquidity of Solid AS like?

The current ratio was 1.88 in 2023 (median 1.04).

How does Solid AS compare in Overnatting og servering?

Solid AS ranks 326 of 1,967 in Overnatting og servering for 2023. Among companies in the Morning class Small it is number 77 of 520.

From the Central Coordinating Register

Org. no.
880622722
Legal form
AS
Sector
Overnatting og servering (56.110)
Morning company class
Small
Employees
33 registered 10 September 2026
Founded
8 February 1999 27 years in operation
Share capital
0.50 MNOK
Business address
Storgata 73, 9008 TROMSØ
Municipality
Tromsø rank 9 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

Chief executive
Siv Carite Fønnebø
Chair of the board
John Harald Johnsen
Deputy member
Cathrine Johnsen
Auditor
Revicom AS
Accountant
Mony Regnskap AS

Source: Central Coordinating Register, fetched 31 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 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index735869
Rank326697335
Operating margin3.3%1.6%4.8%
Return on assets14.9%6.6%17.1%
Equity ratio58.4%59.9%50.6%
Current ratio1.882.091.41
Revenue growth–−7.5%43.0%

Accounts

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

Key figure202320242025
Operating revenue13.3 MNOK12.3 MNOK17.6 MNOK
Operating profit0.4 MNOK0.2 MNOK0.8 MNOK
Profit before tax0.4 MNOK0.2 MNOK0.8 MNOK
Net profit0.3 MNOK0.1 MNOK0.6 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets2.9 MNOK3.1 MNOK4.9 MNOK
Current assets2.3 MNOK2.6 MNOK3.4 MNOK
Equity1.7 MNOK1.8 MNOK2.5 MNOK
Retained earnings1.2 MNOK1.3 MNOK2.0 MNOK
Total liabilities1.2 MNOK1.2 MNOK2.4 MNOK
Current liabilities1.2 MNOK1.2 MNOK2.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 4959515.