Sras AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Score · fiscal year 2025
55of 100
How to read this: the company is ahead of 60 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 902 of 2,242 · What are Morning company classes?
Place in the whole sector: 1,340 of 3,401 · Revisjon, regnskap og rådgivning
Profile
Cheetah · Sprinter
High profitability, lower resilience
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 73 and resilience 37 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Sras AS is 4 points above the median for companies in the Morning class Micro in the same sector in 2025.
Median score 51 among 2,242 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 21.6% (median 9.0%) and equity ratio 23.9% (median 41.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 21.6% | 9.0% |
| Profit margin | – | 9.6% |
| Return on assets | – | 16.9% |
| Equity ratio | 23.9% | 41.9% |
| Debt-to-equity | 3.19 | 1.22 |
| Current ratio | 1.31 | 1.62 |
| Revenue growth | −10.5% | 5.7% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 55, Sras AS does better than 60% of companies in the Morning class Micro in the same sector (2,242 companies) in 2025.
Score 2023–2025
- Sras AS
- Median: companies in the Morning class Micro in the same sector
Sras AS has a score of 55 for 2025, rank 1,340 of 3,401 in the sector.
Strongest: Profitability: percentile 73 against peers, operating margin 21.6% against a median of 9.0%.
Weakest: Solidity: percentile 28 against peers, equity ratio 23.9% against a median of 41.9%. Liquidity: percentile 36 against peers, current ratio 1.31 against a median of 1.62.
Worth a closer look
- What lies behind weak solidity, and will it last?
- What lies behind weak liquidity, and will it last?
- The change in operating margin in 2025 was 19.5 percentage points better than for comparable companies: the company +19.1, the industry −0.4 points. That is the company's own, not something that hit the whole industry.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
The industry or the company: what drove the result?
In 2025 the operating margin of Sras AS rose by 19.1 percentage points. Comparable companies fell by a median 0.4 points. So the company did 19.5 points better than the industry, for reasons of its own.
Over 2 year-to-year changes Sras AS moved the same way as comparable companies 0 times. About 3% of the changes in operating margin were common to the industry; the rest was the company's own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | 2.5% | 9.5% | +1.2 percentage points | −0.3 percentage points | +1.4 percentage points |
| 2025 | 21.6% | 9.0% | +19.1 percentage points | −0.4 percentage points | +19.5 percentage points |
Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Sras AS. The figures stand side by side; we claim no cause.
Turnover index: legal and accounting activities (indeks (2021 = 100))
Turnover index: legal and accounting activities rose 4.8% in 2025; the operating margin of Sras AS rose 19.1 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: legal and accounting activities, annual average | 100.4 | 107.7 | 127.0 | 135.2 | 141.7 | 149.6 (so far) |
| Change from the year before | +8.7% | +7.3% | +17.9% | +6.4% | +4.8% | +5.5% |
| The company's operating margin | – | – | 1.4% | 2.5% | 21.6% | – |
Source: SSB (13863, CC BY 4.0). Source
Turnover index: management consultancy (indeks (2021 = 100))
Turnover index: management consultancy rose 6.5% in 2025; the operating margin of Sras AS rose 19.1 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: management consultancy, annual average | 99.4 | 104.0 | 114.9 | 116.0 | 123.6 | 128.7 (so far) |
| Change from the year before | +17.3% | +4.6% | +10.5% | +1.0% | +6.5% | +4.1% |
| The company's operating margin | – | – | 1.4% | 2.5% | 21.6% | – |
Source: SSB (13863, CC BY 4.0). Source
Service prices: legal and accounting (indeks (2021 = 100))
Service prices: legal and accounting rose 4.9% in 2025; the operating margin of Sras AS rose 19.1 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Service prices: legal and accounting, annual average | 100.0 | 104.8 | 111.8 | 117.4 | 123.2 | 127.0 (so far) |
| Change from the year before | +3.4% | +4.8% | +6.7% | +5.0% | +4.9% | +3.1% |
| The company's operating margin | – | – | 1.4% | 2.5% | 21.6% | – |
Source: SSB (14335, CC BY 4.0). Source
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the operating margin of Sras AS rose 19.1 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 102.9 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +2.9% |
| The company's operating margin | – | – | 1.4% | 2.5% | 21.6% | – |
Source: SSB (14710, CC BY 4.0). Source
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the operating margin of Sras AS rose 19.1 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| The company's operating margin | – | – | 1.4% | 2.5% | 21.6% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Wage index: legal and accounting (indeks)
Wage index: legal and accounting rose 5.4% in 2025; the operating margin of Sras AS rose 19.1 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: legal and accounting, annual average | 86.2 | 89.8 | 93.9 | 99.1 | 104.4 | 108.4 (so far) |
| Change from the year before | +5.1% | +4.3% | +4.5% | +5.6% | +5.4% | +3.8% |
| The company's operating margin | – | – | 1.4% | 2.5% | 21.6% | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Sras AS had an operating margin of 21.6% and an equity ratio of 23.9% in 2025, and ranks 1,340 of 3,401 in Revisjon, regnskap og rådgivning.
From 2024 to 2025: the operating margin rose from 2.5% to 21.6% and the equity ratio rose from 14.9% to 23.9%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 3 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 22.4 | 1 MNOK |
| EV/EBIT | 17.4 | 3 MNOK |
| P/B | 4.1 | 1 MNOK |
| EV/EBIT: from enterprise value to equity | NOK |
|---|---|
| Enterprise value (EV) at the listed multiple | 2 MNOK |
| Enterprise value after the size adjustment | 1 MNOK |
| Less net debt (rough figure) | −2 MNOK |
| Equity value | 3 MNOK |
Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt. Net debt is −155% of the enterprise value after the size adjustment, so the equity value from EV/EBIT is sensitive to errors in the debt figure.
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Business & Consumer Services.
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. 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.
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 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 5.4%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 73 | weight 40% |
|---|---|---|
| Solidity | 28 | weight 20% |
| Liquidity | 36 | weight 5% |
| Growth | 54 | weight 25% |
| Consistency | 54 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Durability: 39 (average over 3 years)
Index version 3. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Sras AS?
The operating margin was 21.6% in 2025, against a median of 9.0% among companies in the Morning class Micro in the same sector. Return on assets was –.
How solid is Sras AS?
The equity ratio was 23.9% in 2025 (median 41.9%). Debt-to-equity was 3.19 (median 1.22).
What is the liquidity of Sras AS like?
The current ratio was 1.31 in 2025 (median 1.62).
How does Sras AS compare in Revisjon, regnskap og rådgivning?
Sras AS ranks 1,340 of 3,401 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Micro it is number 902 of 2,242. Revenue changed by −10.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 889240482
- Legal form
- AS
- Sector
- Revisjon, regnskap og rådgivning (69.202)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 27 December 2005 20 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Ulefossvegen 32, 3730 SKIEN
- Municipality
- Skien rank 9 of 10 in KOSTRA group 11
- 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.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 0%
- Group chain
- Ultimate owner: private person
Change 2007–2025: 100% of the shares changed owner (1 new and 1 departed owners). The majority owner changed.
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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.
Is this your company? Suggest changes or add information
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 24 | 37 | 55 | |
| Rank | 2,842 | 2,542 | 1,340 | |
| Operating margin | 1.4% | 2.5% | 21.6% | |
| Return on assets | 3.5% | 5.5% | – | |
| Equity ratio | 12.8% | 14.9% | 23.9% | |
| Current ratio | 1.15 | 1.17 | 1.31 | |
| Revenue growth | – | 10.9% | −10.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.2 MNOK | 1.3 MNOK | 1.2 MNOK |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 0.3 MNOK |
| Profit before tax | 0.0 MNOK | 0.1 MNOK | – |
| Tax expense | 0.0 MNOK | 0.0 MNOK | – |
| Net profit | 0.0 MNOK | 0.0 MNOK | 0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 1.3 MNOK | 1.4 MNOK | 1.8 MNOK |
| Current assets | 1.3 MNOK | 1.4 MNOK | 1.8 MNOK |
| Equity | 0.2 MNOK | 0.2 MNOK | 0.4 MNOK |
| Retained earnings | 0.1 MNOK | 0.2 MNOK | 0.4 MNOK |
| Total liabilities | 1.1 MNOK | 1.2 MNOK | 1.3 MNOK |
| Current liabilities | 1.1 MNOK | 1.2 MNOK | 1.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6705330.
Further
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