Combisafe Norge AS

Org. no. 886838972 · Oslo · Founded 2004

Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.

Score · fiscal year 2024

68of 100

How to read this: the company is ahead of 82 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 2,047 of 11,065 · What are Morning company classes?
Place in the whole sector: 4,134 of 22,237 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 57 and solidity 99 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Combisafe Norge AS is 18 points above the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 11,058 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 5.7% (median 2.3%) and equity ratio 96.8% (median 34.8%).

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 revenue8 MNOK4 MNOK
Operating margin 5.7% 2.3% 66 %
Profit margin 24.5% 1.8% shown, not part of the index
Return on assets 5.1% 5.5% 49 %
Equity ratio 96.8% 34.8% 99 %
Debt-to-equity 0.03 1.23 99 %
Current ratio 30.67 1.76 99 %
Revenue growth −64.3% 2.8% 2 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 68, Combisafe Norge AS does better than 82% of companies in the Morning class Micro in the same sector (11,065 companies) in 2024.

Over time

Score 2022–2024

CompanyMedian0255075100202220232024The shaded year is the sector's weakest year, used by the stress test.
  • Combisafe Norge AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

Combisafe Norge AS has a score of 68 for 2024, rank 4,134 of 22,237 in the sector.

Strongest: Liquidity: percentile 99 against peers, current ratio 30.67 against a median of 1.76. Solidity: percentile 99 against peers, equity ratio 96.8% against a median of 34.8%.

Weakest: Growth: percentile 2 against peers, revenue growth −64.3% against a median of 2.8%.

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 · 2024

What the numbers say

Combisafe Norge AS had an operating margin of 5.7% and an equity ratio of 96.8% in 2024, and ranks 4,134 of 22,237 in Handel.

From 2023 to 2024: revenue fell by 64%.

Combisafe Norge AS did better than the sector in 2022, the sector's weakest year.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 4 MNOK and 37 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.5 MNOK 10.0 15 MNOK
EV/EBIT Operating profit: 0.4 MNOK
minus net debt 0.0 MNOK
8.0 4 MNOK
P/B Equity: 36.8 MNOK 1.0 37 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

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 3.3% 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

The operating margin was 29.9% in 2022 (sector median 1.5%), and the equity ratio 85.4%. In the other years the operating margin averaged 6.7%.

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

Profitability57 weight 30%
Solidity99 weight 25%
Liquidity99 weight 15%
Growth2 weight 15%
Consistency71 weight 15%

Durability: 79 (average over 3 years)

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

2024

Questions and answers

How profitable is Combisafe Norge AS?

The operating margin was 5.7% in 2024, against a median of 2.3% among companies in the Morning class Micro in the same sector. Return on assets was 5.1%.

How solid is Combisafe Norge AS?

The equity ratio was 96.8% in 2024 (median 34.8%). Debt-to-equity was 0.03 (median 1.23).

What is the liquidity of Combisafe Norge AS like?

The current ratio was 30.67 in 2024 (median 1.76).

How does Combisafe Norge AS compare in Handel?

Combisafe Norge AS ranks 4,134 of 22,237 in Handel for 2024. Among companies in the Morning class Micro it is number 2,047 of 11,065. Revenue changed by −64.3% from the year before.

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.
886838972
Legal form
AS · part of a group
Sector
Handel (46.490)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
19 March 2004 22 years in operation
Share capital
0.10 MNOK
Business address
Karenslyst allé 10, 0278 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2024
Website
www.combisafe.com

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
Jerome Christian Raymond Bobinet
Chair of the board
Bridget Nicole Milot Ren
Board member
Martin Forster
Auditor
BDO 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 · 2022–2024

Key figure202220232024Trend
Index967268
Rank23,7944,134
Operating margin29.9%7.7%5.7%
Return on assets23.4%7.7%5.1%
Equity ratio85.4%94.9%96.8%
Current ratio6.8619.6830.67
Revenue growth–−26.0%−64.3%

Accounts

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

Key figure202220232024
Operating revenue29.4 MNOK21.8 MNOK7.8 MNOK
Operating profit8.8 MNOK1.7 MNOK0.4 MNOK
Profit before tax8.7 MNOK2.5 MNOK1.9 MNOK
Net profit6.8 MNOK1.9 MNOK1.5 MNOK
Financial expenses0.5 MNOK0.4 MNOK0.0 MNOK
Total assets39.1 MNOK37.2 MNOK38.0 MNOK
Current assets39.1 MNOK37.2 MNOK38.0 MNOK
Equity33.4 MNOK35.3 MNOK36.8 MNOK
Retained earnings33.3 MNOK35.2 MNOK36.7 MNOK
Total liabilities5.7 MNOK1.9 MNOK1.2 MNOK
Current liabilities5.7 MNOK1.9 MNOK1.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6268881.

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