ULDVAREN AS

Org. no. 881160692 · LILLEHAMMER · Founded 1999 · 16 employees

Score · fiscal year 2025

29of 100

How to read this: the company is ahead of 21 % of small companies in the same sector in 2025. What does this mean?

Rank: 31,245 of 38,670 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 13 and solidity 31 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

ULDVAREN AS is 21 points below the median for small companies in the same sector in 2025.

Median score 50 among 36,110 companies.

Against small companies in the same sector in 2025: operating margin −11.5% (median 2.5%) and equity ratio 23.1% (median 38.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue9 MNOK3 MNOK
Operating margin −11.5% 2.5% 17 %
Profit margin −11.7% 2.2% shown, not part of the index
Return on assets −56.7% 4.0% 8 %
Equity ratio 23.1% 38.3% 39 %
Debt-to-equity 3.32 0.99 24 %
Current ratio 1.06 1.70 28 %
Revenue growth 9.6% 3.5% 64 %
Revenue per employee0.55 MNOK1.62 MNOK

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

With an index of 29, ULDVAREN AS does better than 21% of small companies in the same sector (36,579 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ULDVAREN AS
  • Median: small companies in the same sector
Summary analysis

ULDVAREN AS has a score of 29 for 2025, rank 31,245 of 38,670 in the sector.

Strongest: Growth: percentile 64 against peers, revenue growth 9.6% against a median of 3.5%.

Weakest: Profitability: percentile 13 against peers, operating margin −11.5% against a median of 2.5%. Consistency: percentile 26 against peers.

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

Analysis · 2025

What the numbers say

ULDVAREN AS had an operating margin of −11.5% and an equity ratio of 23.1% in 2025, and ranks 31,245 of 38,670 in Handel.

From 2024 to 2025: the operating margin fell from −9.4% to −11.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −1.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −1.0 MNOK 8.0 not meaningful
P/B Equity: 0.4 MNOK 1.0 0 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 · 2025

Worth a closer look

  • watch

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

    Based on: Profit margin −11.7% (median 2.2%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −11.5% (median 2.5%).

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

Financial costs were 2.1% 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.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability13 weight 30%
Solidity31 weight 25%
Liquidity28 weight 15%
Growth64 weight 15%
Consistency26 weight 15%

Durability: 32 (average over 3 years)

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

2025

Questions and answers

How profitable is ULDVAREN AS?

The operating margin was −11.5% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was −56.7%. The company made a loss before tax.

How solid is ULDVAREN AS?

The equity ratio was 23.1% in 2025 (median 38.3%). Debt-to-equity was 3.32 (median 0.99).

What is the liquidity of ULDVAREN AS like?

The current ratio was 1.06 in 2025 (median 1.70).

How does ULDVAREN AS compare in Handel?

ULDVAREN AS ranks 31,245 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 28,958 of 36,579. Revenue changed by 9.6% from the year before.

From the Central Coordinating Register

Org. no.
881160692
Legal form
AS
Sector
Handel (47.510)
Size tier
small
Employees
16 registered 10 October 2026
Founded
15 October 1999 27 years in operation
Share capital
0.54 MNOK
Business address
Storgata 56, 2609 LILLEHAMMER
Municipality
Lillehammer rank 3–14 of 27 in KOSTRA group 9
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
Evy Ruststuen Sunde
Chair of the board
Evy Ruststuen Sunde
Board member
Tone Alterskjær
Auditor
TELL NORGE AS
Accountant
SPAREBANK 1 REGNSKAPSHUSET SMN AS
Accountant
AZETS INSIGHT 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
Index452229
Rank20,07632,30731,245
Operating margin−5.2%−9.4%−11.5%
Return on assets−21.5%−42.5%−56.7%
Equity ratio56.2%21.7%23.1%
Current ratio2.201.041.06
Revenue growth–−8.8%9.6%

Accounts

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

Key figure202320242025
Operating revenue8.8 MNOK8.0 MNOK8.8 MNOK
Operating profit−0.5 MNOK−0.8 MNOK−1.0 MNOK
Profit before tax−0.5 MNOK−0.8 MNOK−1.0 MNOK
Net profit−0.5 MNOK−0.8 MNOK−1.0 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets2.1 MNOK1.8 MNOK1.8 MNOK
Current assets2.0 MNOK1.4 MNOK1.4 MNOK
Equity1.2 MNOK0.4 MNOK0.4 MNOK
Retained earnings0.6 MNOK−0.2 MNOK−1.2 MNOK
Total liabilities0.9 MNOK1.4 MNOK1.4 MNOK
Current liabilities0.9 MNOK1.4 MNOK1.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7195147.

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