RINGDAL KRAFTVERK AS
Score · fiscal year 2023
23of 100
How to read this: the company is ahead of 11 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 373 of 420 · What are Morning company classes?
Place in the whole sector: 755 of 837 · Kraft og energi
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 18 and solidity 45 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
RINGDAL KRAFTVERK AS is 28 points below the median for companies in the Morning class Micro in the same sector in 2023.
Median score 51 among 420 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin −4.2% (median 27.2%) and equity ratio 33.7% (median 35.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 4 MNOK | 3 MNOK |
| Operating margin | −4.2% | 27.2% |
| Profit margin | −72.9% | 19.5% |
| Return on assets | −0.4% | 6.1% |
| Equity ratio | 33.7% | 35.5% |
| Debt-to-equity | 1.97 | 1.61 |
| Current ratio | 0.01 | 1.90 |
| Revenue growth | – | – |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 23, RINGDAL KRAFTVERK AS does better than 11% of companies in the Morning class Micro in the same sector (420 companies) in 2023.
Score 2023–2025
- RINGDAL KRAFTVERK AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
RINGDAL KRAFTVERK AS had an operating margin of −4.2% and an equity ratio of 33.7% in 2023, and ranks 755 of 837 in Kraft og energi.
RINGDAL KRAFTVERK AS did weaker than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 15 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 15 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
- critical
Consider strengthening liquidity: current liabilities are 100.0 times current assets.
Based on: Current ratio 0.01 (median 1.90).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −72.9% (median 19.5%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −4.2% (median 27.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 8.7% of the debt in 2023. The policy rate averaged 3.54 % 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
The operating margin was 5.1% in 2025 (sector median 15.7%), and the equity ratio 29.2%. The company had a loss before tax that year. In the other years the operating margin averaged 2.7%.
The sector's weakest year was 2025, with a median operating margin of 15.7%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 18 | weight 30% |
|---|---|---|
| Solidity | 45 | weight 25% |
| Liquidity | 3 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 12 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is RINGDAL KRAFTVERK AS?
The operating margin was −4.2% in 2023, against a median of 27.2% among companies in the Morning class Micro in the same sector. Return on assets was −0.4%. The company made a loss before tax.
How solid is RINGDAL KRAFTVERK AS?
The equity ratio was 33.7% in 2023 (median 35.5%). Debt-to-equity was 1.97 (median 1.61).
What is the liquidity of RINGDAL KRAFTVERK AS like?
The current ratio was 0.01 in 2023 (median 1.90). Current assets did not cover current liabilities.
How does RINGDAL KRAFTVERK AS compare in Kraft og energi?
RINGDAL KRAFTVERK AS ranks 755 of 837 in Kraft og energi for 2023. Among companies in the Morning class Micro it is number 373 of 420.
From the Central Coordinating Register
- Org. no.
- 890064892
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 3 June 2006 20 years in operation
- Share capital
- 6.00 MNOK
- Business address
- c/o Clemens Kraft AS, Fridtjof Nansens plass 6, 0160 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
- Chair of the board
- Knud Hans Nørve
- Board member
- Unni Karlsen Hongseth
- Auditor
- PRICEWATERHOUSECOOPERS 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 | 23 | 36 | 30 | |
| Rank | 755 | 682 | 777 | |
| Operating margin | −4.2% | 9.7% | 5.1% | |
| Return on assets | −0.4% | 1.0% | 0.5% | |
| Equity ratio | 33.7% | 32.0% | 29.2% | |
| Current ratio | 0.01 | 0.01 | 0.04 | |
| Revenue growth | – | 8.7% | −7.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 3.8 MNOK | 4.1 MNOK | 3.8 MNOK |
| Operating profit | −0.2 MNOK | 0.4 MNOK | 0.2 MNOK |
| Profit before tax | −2.8 MNOK | −1.5 MNOK | −1.7 MNOK |
| Net profit | −2.2 MNOK | −1.2 MNOK | −1.3 MNOK |
| Financial expenses | 2.6 MNOK | 2.0 MNOK | 1.9 MNOK |
| Total assets | 45.6 MNOK | 44.2 MNOK | 44.0 MNOK |
| Current assets | 0.3 MNOK | 0.2 MNOK | 1.2 MNOK |
| Equity | 15.4 MNOK | 14.2 MNOK | 12.8 MNOK |
| Retained earnings | −6.6 MNOK | −7.8 MNOK | −9.2 MNOK |
| Total liabilities | 30.2 MNOK | 30.0 MNOK | 31.2 MNOK |
| Current liabilities | 30.2 MNOK | 30.0 MNOK | 31.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5073437.
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