NØRSTETEIG KRAFTVERK AS
Score · fiscal year 2024
54of 100
How to read this: the company is ahead of 60 % of small companies in the same sector in 2024. What does this mean?
Rank: 402 of 1,020 · Kraft og energi
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 12 and solidity 86 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
NØRSTETEIG KRAFTVERK AS is 4 points above the median for small companies in the same sector in 2024.
Median score 50 among 825 companies.
Against small companies in the same sector in 2024: operating margin −137.8% (median 6.7%) and equity ratio 95.8% (median 36.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 3 MNOK |
| Operating margin | −137.8% | 6.7% |
| Profit margin | −136.6% | 3.1% |
| Return on assets | −26.9% | 0.2% |
| Equity ratio | 95.8% | 36.7% |
| Debt-to-equity | 0.04 | 0.96 |
| Current ratio | 4.38 | 1.57 |
| Revenue growth | −9.2% | −6.7% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 54, NØRSTETEIG KRAFTVERK AS does better than 60% of small companies in the same sector (827 companies) in 2024.
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 −137.8% and an equity ratio of 95.8% in 2024, and ranks 402 of 1,020 in Kraft og energi.
From 2023 to 2024: the operating margin fell from 21.6% to −137.8% and went from a profit to a loss before tax.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| 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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −136.6% (median 3.1%).
- 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 −137.8% (median 6.7%).
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
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 0.3%. 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 | 12 | weight 30% |
|---|---|---|
| Solidity | 86 | weight 25% |
| Liquidity | 74 | weight 15% |
| Growth | 47 | weight 15% |
| Consistency | 75 | weight 15% |
Durability: 65 (average over 2 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 −137.8% in 2024, against a median of 6.7% among small companies in the same sector. Return on assets was −26.9%. The company made a loss before tax.
How solid is NØRSTETEIG KRAFTVERK AS?
The equity ratio was 95.8% in 2024 (median 36.7%). Debt-to-equity was 0.04 (median 0.96).
What is the liquidity of NØRSTETEIG KRAFTVERK AS like?
The current ratio was 4.38 in 2024 (median 1.57).
How does NØRSTETEIG KRAFTVERK AS compare in Kraft og energi?
NØRSTETEIG KRAFTVERK AS ranks 402 of 1,020 in Kraft og energi for 2024. Among companies of the same size (small companies) it ranks 330 of 827. Revenue changed by −9.2% 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 20–30 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 | 61 | 402 | 8 | |
| 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 6230299.
Further
Similar companies
- REN ENERGI RAMSLAND AS index 55, rank 398 · compare
- NYDALSELVA KRAFT AS index 55, rank 401 · compare
- DIFFER COMMUNITY POWER AS index 54, rank 403 · compare
- AMUNDAL ENERGI AS index 54, rank 404 · compare
- OKKEN KRAFT AS index 54, rank 405 · compare