Kystutvikling AS
Score · fiscal year 2024
78of 100
How to read this: the company is ahead of 94 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?
Rank in the Morning class Micro: 720 of 12,197 · What are Morning company classes?
Place in the whole sector: 1,135 of 19,404 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 81 and solidity 89 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology
Against the sector
Kystutvikling AS is 28 points above the median for companies in the Morning class Micro in the same sector in 2024.
Median score 50 among 12,188 companies.
Against companies in the Morning class Micro in the same sector in 2024: operating margin 21.8% (median 3.7%) and equity ratio 75.3% (median 33.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 3 MNOK |
| Operating margin | 21.8% | 3.7% |
| Profit margin | 64.4% | 3.0% |
| Return on assets | 19.0% | 7.9% |
| Equity ratio | 75.3% | 33.4% |
| Debt-to-equity | 0.33 | 1.42 |
| Current ratio | 3.09 | 1.42 |
| Revenue growth | 13.9% | 4.1% |
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 78, Kystutvikling AS does better than 94% of companies in the Morning class Micro in the same sector (12,197 companies) in 2024.
Score 2023–2025
- Kystutvikling AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Kystutvikling AS had an operating margin of 21.8% and an equity ratio of 75.3% in 2024, and ranks 1,135 of 19,404 in Bygg og anlegg.
From 2023 to 2024: the operating margin rose from −11.4% to 21.8% and the equity ratio fell from 87.1% to 75.3%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 5 MNOK and 14 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 14 MNOK |
| EV/EBIT | 8.0 | 5 MNOK |
| P/B | 1.0 | 6 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
Worth a closer look
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 21.8% (median 3.7%); Equity ratio 75.3% (median 33.4%); Current ratio 3.09 (median 1.42).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% 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.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 81 | weight 30% |
|---|---|---|
| Solidity | 89 | weight 25% |
| Liquidity | 85 | weight 15% |
| Growth | 61 | weight 15% |
| Consistency | 64 | weight 15% |
Durability: 74 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Kystutvikling AS?
The operating margin was 21.8% in 2024, against a median of 3.7% among companies in the Morning class Micro in the same sector. Return on assets was 19.0%.
How solid is Kystutvikling AS?
The equity ratio was 75.3% in 2024 (median 33.4%). Debt-to-equity was 0.33 (median 1.42).
What is the liquidity of Kystutvikling AS like?
The current ratio was 3.09 in 2024 (median 1.42).
How does Kystutvikling AS compare in Bygg og anlegg?
Kystutvikling AS ranks 1,135 of 19,404 in Bygg og anlegg for 2024. Among companies in the Morning class Micro it is number 720 of 12,197. Revenue changed by 13.9% 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.
- 889066652
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (41.000)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 24 November 2005 20 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Grimestadstranda 14, 3145 TJØME (FÆRDER)
- Municipality
- Færder rank 8–17 of 27 in KOSTRA group 9
- Audit
- Audit opted out from 28 December 2022
- Latest accounts filed
- 2025
- LEI
- 5493008NBNQB7MKKZT94 not renewed (lapsed)
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
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 71 | 78 | 56 | |
| Rank | 3,589 | 1,135 | 7,730 | |
| Operating margin | −11.4% | 21.8% | −6.2% | |
| Return on assets | 2.9% | 19.0% | 0.4% | |
| Equity ratio | 87.1% | 75.3% | 76.9% | |
| Current ratio | 5.94 | 3.09 | 3.52 | |
| Revenue growth | – | 13.9% | 1.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.2 MNOK | 2.5 MNOK | 2.5 MNOK |
| Operating profit | −0.2 MNOK | 0.5 MNOK | −0.2 MNOK |
| Profit before tax | 0.2 MNOK | 1.6 MNOK | −0.3 MNOK |
| Net profit | 0.0 MNOK | 1.4 MNOK | −0.3 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.3 MNOK |
| Total assets | 6.6 MNOK | 8.4 MNOK | 7.8 MNOK |
| Current assets | 4.0 MNOK | 5.8 MNOK | 5.8 MNOK |
| Equity | 5.8 MNOK | 6.3 MNOK | 6.0 MNOK |
| Retained earnings | 5.7 MNOK | 6.2 MNOK | 5.9 MNOK |
| Total liabilities | 0.9 MNOK | 2.1 MNOK | 1.8 MNOK |
| Current liabilities | 0.7 MNOK | 1.9 MNOK | 1.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6152891.
Further
Similar companies
- Son VVS AS index 78, rank 1,127 · compare
- Maler Fredrik Olsson AS index 78, rank 1,130 · compare
- Std Bygg AS index 78, rank 1,133 · compare
- Brdr Brænden AS index 78, rank 1,134 · compare
- Bertheussen Varme og Klima AS index 78, rank 1,137 · compare