NØRSTETEIG KRAFTVERK AS
Score · fiscal year 2025
85of 100
How to read this: the company is ahead of 99 % of small companies in the same sector in 2025. What does this mean?
Rank: 9 of 949 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 98 and solidity 84 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
NØRSTETEIG KRAFTVERK AS is 36 points above the median for small companies in the same sector in 2025.
Median score 49 among 750 companies.
Against small companies in the same sector in 2025: operating margin 138.5% (median 2.8%) and equity ratio 94.0% (median 32.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 2 MNOK |
| Operating margin | 138.5% | 2.8% |
| Profit margin | 138.6% | 0.0% |
| Return on assets | 27.5% | −0.4% |
| Equity ratio | 94.0% | 32.6% |
| Debt-to-equity | 0.06 | 1.19 |
| Current ratio | 9.30 | 1.58 |
| Revenue growth | 38.9% | 3.3% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 85, NØRSTETEIG KRAFTVERK AS does better than 99% of small companies in the same sector (759 companies) in 2025.
Score 2023–2025
- NØRSTETEIG KRAFTVERK AS
- Median: small companies in the same sector
What the numbers say
NØRSTETEIG KRAFTVERK AS had an operating margin of 138.5% and an equity ratio of 94.0% in 2025, and ranks 9 of 949 in Kraft og energi.
From 2024 to 2025: the operating margin rose from −137.8% to 138.5% and went from a loss to a profit before tax.
NØRSTETEIG KRAFTVERK AS did better than the sector in 2025, the sector's weakest year.
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 | 10.0 | 3 MNOK |
| EV/EBIT | 8.0 | 3 MNOK |
| P/B | 1.0 | 1 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 138.5% (median 2.8%); Equity ratio 94.0% (median 32.6%); Current ratio 9.30 (median 1.58).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Extreme margin: check the figures
Scenario analysis: the sector's weakest year
The operating margin was 138.5% in 2025 (sector median 4.4%), and the equity ratio 94.0%. In the other years the operating margin averaged −58.1%.
The sector's weakest year was 2025, with a median operating margin of 4.4%. 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 | 98 | weight 30% |
|---|---|---|
| Solidity | 84 | weight 25% |
| Liquidity | 86 | weight 15% |
| Growth | 80 | weight 15% |
| Consistency | 62 | weight 15% |
Durability: 72 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NØRSTETEIG KRAFTVERK AS?
The operating margin was 138.5% in 2025, against a median of 2.8% among small companies in the same sector. Return on assets was 27.5%.
How solid is NØRSTETEIG KRAFTVERK AS?
The equity ratio was 94.0% in 2025 (median 32.6%). Debt-to-equity was 0.06 (median 1.19).
What is the liquidity of NØRSTETEIG KRAFTVERK AS like?
The current ratio was 9.30 in 2025 (median 1.58).
How does NØRSTETEIG KRAFTVERK AS compare in Kraft og energi?
NØRSTETEIG KRAFTVERK AS ranks 9 of 949 in Kraft og energi for 2025. Among companies of the same size (small companies) it ranks 7 of 759. Revenue changed by 38.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 891182082
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 3 April 2007 19 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Svartdalsvegen 514, 3841 FLATDAL (SELJORD)
- Municipality
- Seljord rank 19–29 of 33 in KOSTRA group 5
- Audit
- Audit opted out from 9 January 2020
- 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
- Torkjel J Flatland
- Chair of the board
- Torkjel J Flatland
- Board member
- Åse Bjåland
- Deputy member
- Eli Flatland
- Deputy member
- Ane Flatland
- Accountant
- REVISORTEAM TINN OG VEST-TELEMARK AS
Source: Central Coordinating Register, fetched 25 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 | 76 | 54 | 85 | |
| Rank | 40 | 341 | 9 | |
| Operating margin | 21.6% | −137.8% | 138.5% | |
| Return on assets | 3.6% | −26.9% | 27.5% | |
| Equity ratio | 92.2% | 95.8% | 94.0% | |
| Current ratio | 5.49 | 4.38 | 9.30 | |
| Revenue growth | – | −9.2% | 38.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.2 MNOK | 0.2 MNOK | 0.3 MNOK |
| Operating profit | 0.0 MNOK | −0.3 MNOK | 0.4 MNOK |
| Profit before tax | 0.0 MNOK | −0.3 MNOK | 0.4 MNOK |
| Net profit | 0.0 MNOK | −0.2 MNOK | 0.3 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 1.3 MNOK | 1.0 MNOK | 1.4 MNOK |
| Current assets | 0.4 MNOK | 0.2 MNOK | 0.5 MNOK |
| Equity | 1.2 MNOK | 0.9 MNOK | 1.3 MNOK |
| Retained earnings | 1.1 MNOK | 0.8 MNOK | 1.2 MNOK |
| Total liabilities | 0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Current liabilities | 0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6992456.
Further
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