Zenith Holding AS
Score · fiscal year 2024
Not enough data: Holding company (ranked in the list «Holding and investment companies»)
Based on the annual accounts for 2024
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 4.7% |
| Profit margin | – | 4.3% |
| Return on assets | 29.5% | 10.0% |
| Equity ratio | 91.8% | 37.3% |
| Debt-to-equity | 0.09 | 1.50 |
| Current ratio | 11.96 | 1.54 |
| Revenue growth | – | 5.2% |
The median and “ahead of” refer to companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
Zenith Holding AS had an equity ratio of 91.8% in 2024. The company is not ranked: holding company (ranked in the list «holding and investment companies»).
From 2023 to 2024: the equity ratio rose from 79.7% to 91.8%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 12 MNOK and 38 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 38 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 12 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
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 0.3% 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
- watch Revenue not reported
- watch No revenue but large assets
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 −0.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is Zenith Holding AS?
The operating margin was – in 2024, against a median of 4.7% among companies in the same sector. Return on assets was 29.5%.
How solid is Zenith Holding AS?
The equity ratio was 91.8% in 2024 (median 37.3%). Debt-to-equity was 0.09 (median 1.50).
What is the liquidity of Zenith Holding AS like?
The current ratio was 11.96 in 2024 (median 1.54).
Group accounts · 2023
60 of 100
Rank 23 of 62 groups in the Morning class Medium in Industri. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 76 MNOK
- Operating profit, group
- 5 MNOK
- Profit before tax, group
- 5 MNOK
- Total assets, group
- 45 MNOK
- Equity, group
- 18 MNOK
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | 6.6% | – |
| Return on assets | 13.7% | – |
| Equity ratio | 40.0% | – |
| Current ratio | 1.66 | – |
| Revenue growth | – | – |
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2023 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 889229152
- Legal form
- AS
- Sector
- Industri (30.110)
- Employees
- 0–4 (not registered)
- Founded
- 21 December 2005 20 years in operation
- Share capital
- 0.40 MNOK
- Business address
- Futevegen 50, 6030 LANGEVÅG (SULA)
- Municipality
- Sula rank 18 of 40 in KOSTRA group 1
- 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
Loading roles …
Source: Central Coordinating Register, fetched 2 November 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.
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | – | – | – | |
| Return on assets | 20.0% | 29.5% | 16.0% | |
| Equity ratio | 79.7% | 91.8% | 99.6% | |
| Current ratio | 4.68 | 11.96 | 257.43 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | 0.0 MNOK | −0.1 MNOK | 0.0 MNOK |
| Profit before tax | 2.0 MNOK | 3.8 MNOK | 2.3 MNOK |
| Net profit | 2.0 MNOK | 3.8 MNOK | 2.3 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 10.2 MNOK | 13.0 MNOK | 14.2 MNOK |
| Current assets | 9.6 MNOK | 12.4 MNOK | 13.7 MNOK |
| Equity | 8.1 MNOK | 11.9 MNOK | 14.2 MNOK |
| Retained earnings | 7.6 MNOK | 11.4 MNOK | 13.7 MNOK |
| Total liabilities | 2.1 MNOK | 1.1 MNOK | 0.1 MNOK |
| Current liabilities | 2.1 MNOK | 1.0 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6208915.