Air-Tech AS
Score · fiscal year 2024
44of 100
How to read this: the company is ahead of 36 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 3,413 of 5,354 · What are Morning company classes?
Place in the whole sector: 12,130 of 19,473 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 64 and solidity 25 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
Air-Tech AS is 7 points below the median for companies in the Morning class Small in the same sector in 2024.
Median score 51 among 5,354 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin 4.7% (median 4.7%) and equity ratio 20.3% (median 34.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 13 MNOK | 19 MNOK |
| Operating margin | 4.7% | 4.7% |
| Profit margin | 14.5% | 4.4% |
| Return on assets | 22.9% | 11.0% |
| Equity ratio | 20.3% | 34.8% |
| Debt-to-equity | 3.92 | 1.72 |
| Current ratio | 0.66 | 1.49 |
| Revenue growth | 18.9% | 4.1% |
| Revenue per employee | 1.15 MNOK | 1.67 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 44, Air-Tech AS does better than 36% of companies in the Morning class Small in the same sector (5,354 companies) in 2024.
Score 2023–2025
- Air-Tech AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
Air-Tech AS had an operating margin of 4.7% and an equity ratio of 20.3% in 2024, and ranks 12,130 of 19,473 in Bygg og anlegg.
From 2023 to 2024: the operating margin rose from −0.1% to 4.7% and revenue grew by 19%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 2 MNOK and 17 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 17 MNOK |
| EV/EBIT | 8.0 | 4 MNOK |
| P/B | 1.0 | 2 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
- watch
Consider strengthening liquidity: current liabilities are 1.5 times current assets.
Based on: Current ratio 0.66 (median 1.49).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.8% 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 | 64 | weight 30% |
|---|---|---|
| Solidity | 25 | weight 25% |
| Liquidity | 4 | weight 15% |
| Growth | 71 | weight 15% |
| Consistency | 48 | weight 15% |
Durability: 36 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Air-Tech AS?
The operating margin was 4.7% in 2024, against a median of 4.7% among companies in the Morning class Small in the same sector. Return on assets was 22.9%.
How solid is Air-Tech AS?
The equity ratio was 20.3% in 2024 (median 34.8%). Debt-to-equity was 3.92 (median 1.72).
What is the liquidity of Air-Tech AS like?
The current ratio was 0.66 in 2024 (median 1.49). Current assets did not cover current liabilities.
How does Air-Tech AS compare in Bygg og anlegg?
Air-Tech AS ranks 12,130 of 19,473 in Bygg og anlegg for 2024. Among companies in the Morning class Small it is number 3,413 of 5,354. Revenue changed by 18.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 889558652
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Morning company class
- Small
- Employees
- 11 registered 10 September 2026
- Founded
- 6 January 2006 20 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Stanseveien 18, 0975 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- 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
- Lars Kristiansen
- Chair of the board
- John-Arne Ask
- Board member
- Kay Ove Thue
- Board member
- Erling Strøm
- Board member
- Glenn Tomas Bjørnsrud
- Auditor
- ERNST & Young 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 28 | 44 | 31 | |
| Rank | 14,589 | 12,130 | 16,627 | |
| Operating margin | −0.1% | 4.7% | 2.1% | |
| Return on assets | 11.9% | 22.9% | 2.8% | |
| Equity ratio | 20.3% | 20.3% | 3.9% | |
| Current ratio | 0.94 | 0.66 | 0.71 | |
| Revenue growth | – | 18.9% | 35.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 10.7 MNOK | 12.7 MNOK | 17.2 MNOK |
| Operating profit | 0.0 MNOK | 0.6 MNOK | 0.4 MNOK |
| Profit before tax | 0.8 MNOK | 1.8 MNOK | 0.2 MNOK |
| Net profit | 0.6 MNOK | 1.7 MNOK | 0.1 MNOK |
| Financial expenses | 0.3 MNOK | 0.1 MNOK | – |
| Total assets | 8.6 MNOK | 8.5 MNOK | 6.8 MNOK |
| Current assets | 4.0 MNOK | 3.9 MNOK | 4.7 MNOK |
| Equity | 1.8 MNOK | 1.7 MNOK | 0.3 MNOK |
| Retained earnings | 1.7 MNOK | 1.6 MNOK | 0.2 MNOK |
| Total liabilities | 6.9 MNOK | 6.8 MNOK | 6.6 MNOK |
| Current liabilities | 4.2 MNOK | 5.9 MNOK | 6.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5870605.
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