AURSTAD AS

Org. no. 885349552 · ØRSTA · Founded 2003 · 158 employees

Score · fiscal year 2023

70of 100

How to read this: the company is ahead of 81 % of medium-sized companies in the same sector in 2023. What does this mean?

Rank: 5,051 of 28,986 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 79 and solidity 59 out of 100 among medium-sized companies in the same sector in 2023. Methodology

Against the sector

AURSTAD AS is 20 points above the median for medium-sized companies in the same sector in 2023.

Median score 50 among 950 companies.

Against medium-sized companies in the same sector in 2023: operating margin 7.3% (median 4.6%) and equity ratio 32.9% (median 28.9%).

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 revenue444 MNOK178 MNOK
Operating margin 7.3% 4.6% 72 %
Profit margin 7.6% 4.6% shown, not part of the index
Return on assets 23.5% 10.2% 86 %
Equity ratio 32.9% 28.9% 59 %
Debt-to-equity 2.04 2.38 58 %
Current ratio 1.59 1.33 72 %
Revenue growth – 24.8% not compared
Revenue per employee2.81 MNOK2.99 MNOK

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 70, AURSTAD AS does better than 81% of medium-sized companies in the same sector (950 companies) in 2023.

Over time

Score 2023–2025

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

What the numbers say

AURSTAD AS had an operating margin of 7.3% and an equity ratio of 32.9% in 2023, and ranks 5,051 of 28,986 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 47 MNOK and 317 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 26.3 MNOK 10.0 263 MNOK
EV/EBIT Operating profit: 32.6 MNOK
minus net debt −56.2 MNOK
8.0 317 MNOK
P/B Equity: 47.2 MNOK 1.0 47 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 0.0% 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

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 2.4%. 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

Profitability79 weight 30%
Solidity59 weight 25%
Liquidity72 weight 15%
Growth– no data, left out
Consistency71 weight 15%

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

2023

Questions and answers

How profitable is AURSTAD AS?

The operating margin was 7.3% in 2023, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 23.5%.

How solid is AURSTAD AS?

The equity ratio was 32.9% in 2023 (median 28.9%). Debt-to-equity was 2.04 (median 2.38).

What is the liquidity of AURSTAD AS like?

The current ratio was 1.59 in 2023 (median 1.33).

How does AURSTAD AS compare in Bygg og anlegg?

AURSTAD AS ranks 5,051 of 28,986 in Bygg og anlegg for 2023. Among companies of the same size (medium-sized companies) it ranks 177 of 950.

Public contracts

Contracts awarded since 2024
3
Total awarded value since 2024
value not stated
3 contracts without a stated value are not in the total.
DateBuyerNotice ValueCPV
10 July 2024 Statens vegvesen RV 5 Frudalstunnelen - snunisje value not stated 45220000
31 May 2024 Ålesund kommune E00 Forberedende arbeider Kongshaug value not stated 45000000
15 May 2024 Volda Kommune 030019 - Samleveg Urbakkfoten value not stated 45112000
6 November 2023 Statens vegvesen Rammeavtale veg-og tunnelvedlikehold Sogn og Fjordane og deler av Hordaland. 75.0 MNOK 45220000
29 June 2022 Sula kommune Rehabilitering av dam ved Molværsvatnet 3.4 MNOK 45000000
8 December 2020 Volda pg Ørsta Reinhaldsverk Totalentreprise på bygging av VØR Miljøpart Melsgjerdet value not stated 45222100

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
885349552
Legal form
AS
Sector
Bygg og anlegg (42.130)
Size tier
medium
Employees
158 registered 10 October 2026
Founded
2 January 2003 23 years in operation
Share capital
0.11 MNOK
Business address
Torvmyrane 31, 6160 HOVDEBYGDA (ØRSTA)
Municipality
Ørsta rank 14–35 of 38 in KOSTRA group 7
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
Jo-Stian Tverberg
Chair of the board
Johannes Arve Aspehaug
Board member
Tormod Stigen
Board member
Cato Aurstad
Board member
Torunn Melle
Board member
Siri Engesæth
Auditor
HOVDEN & VATNE STATSAUTORISERTE REVISORAR 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index704224
Rank5,05120,26128,109
Operating margin7.3%−0.1%−6.4%
Return on assets23.5%2.2%−19.5%
Equity ratio32.9%34.2%17.8%
Current ratio1.591.621.22
Revenue growth–−12.4%16.1%

Accounts

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

Key figure202320242025
Operating revenue444.4 MNOK389.4 MNOK452.0 MNOK
Operating profit32.6 MNOK−0.6 MNOK−29.1 MNOK
Profit before tax33.7 MNOK2.3 MNOK−28.6 MNOK
Net profit26.3 MNOK1.8 MNOK−22.3 MNOK
Financial expenses0.0 MNOK0.4 MNOK1.1 MNOK
Total assets143.3 MNOK125.1 MNOK140.9 MNOK
Current assets141.3 MNOK121.1 MNOK137.5 MNOK
Equity47.2 MNOK42.7 MNOK25.0 MNOK
Retained earnings42.1 MNOK37.6 MNOK15.3 MNOK
Total liabilities96.1 MNOK82.3 MNOK115.8 MNOK
Current liabilities89.0 MNOK74.9 MNOK112.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4737031.