Gauselsplitten AS
Score · fiscal year 2025
50of 100
How to read this: the company is ahead of 52 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 2,801 of 5,894 · What are Morning company classes?
Place in the whole sector: 3,841 of 7,993 · Eiendom
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 31 and solidity 93 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Gauselsplitten AS is 1 points above the median for companies in the Morning class Micro in the same sector in 2025.
Median score 49 among 5,893 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 32.9% (median 46.4%) and equity ratio 90.2% (median 26.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 7 MNOK | 3 MNOK |
| Operating margin | 32.9% | 46.4% |
| Profit margin | 33.7% | 22.1% |
| Return on assets | 3.3% | 7.7% |
| Equity ratio | 90.2% | 26.6% |
| Debt-to-equity | 0.11 | 2.21 |
| Current ratio | 0.89 | 1.38 |
| Revenue growth | 0.9% | 3.1% |
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 50, Gauselsplitten AS does better than 52% of companies in the Morning class Micro in the same sector (5,894 companies) in 2025.
Score 2023–2025
- Gauselsplitten AS
- Median: companies in the Morning class Micro in the same sector
Gauselsplitten AS has a score of 50 for 2025, rank 3,841 of 7,993 in the sector.
Strongest: Solidity: percentile 93 against peers, equity ratio 90.2% against a median of 26.6%.
Weakest: Profitability: percentile 31 against peers, operating margin 32.9% against a median of 46.4%. Growth: percentile 33 against peers, revenue growth 0.9% against a median of 3.1%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.1 times current assets. Based on: current ratio 0.89 (median 1.38).
- What lies behind weak profitability, and will it last?
- What lies behind weak growth, and will it last?
- The change in operating margin in 2025 was 14.1 percentage points better than for comparable companies: the company +15.3, the industry +1.2 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 Gauselsplitten AS rose by 15.3 percentage points. Comparable companies rose by a median 1.2 points. So the company did 14.1 points better than the industry, for reasons of its own.
Over 2 year-to-year changes Gauselsplitten AS moved the same way as comparable companies 1 times. About 4% 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 | 17.6% | 45.2% | +13.0 percentage points | +0.1 percentage points | +12.9 percentage points |
| 2025 | 32.9% | 46.4% | +15.3 percentage points | +1.2 percentage points | +14.1 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 Gauselsplitten AS. The figures stand side by side; we claim no cause.
House prices (existing homes) (indeks (2015 = 100))
House prices (existing homes) rose 5.5% in 2025; the operating margin of Gauselsplitten AS rose 15.3 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| House prices (existing homes), annual average | 134.5 | 141.6 | 140.8 | 144.6 | 152.5 | 158.7 (so far) |
| Change from the year before | +10.5% | +5.2% | −0.5% | +2.7% | +5.5% | +4.1% |
| The company's operating margin | – | – | 4.6% | 17.6% | 32.9% | – |
Source: SSB (07221, CC BY 4.0). Source
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the operating margin of Gauselsplitten AS rose 15.3 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 | – | – | 4.6% | 17.6% | 32.9% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Construction cost index for dwellings (indeks (2015 = 100))
Construction cost index for dwellings rose 4.3% in 2025; the operating margin of Gauselsplitten AS rose 15.3 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Construction cost index for dwellings, annual average | 124.2 | 135.1 | 141.1 | 146.4 | 152.7 | 158.4 (so far) |
| Change from the year before | +8.7% | +8.8% | +4.4% | +3.7% | +4.3% | +3.7% |
| The company's operating margin | – | – | 4.6% | 17.6% | 32.9% | – |
Source: SSB (08651, CC BY 4.0). Source
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the operating margin of Gauselsplitten AS rose 15.3 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 | – | – | 4.6% | 17.6% | 32.9% | – |
Source: SSB (14710, CC BY 4.0). Source
Wage index: real estate (indeks)
Wage index: real estate rose 5.2% in 2025; the operating margin of Gauselsplitten AS rose 15.3 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: real estate, annual average | 91.7 | 94.3 | 96.8 | 103.2 | 108.5 | 111.3 (so far) |
| Change from the year before | +5.2% | +2.9% | +2.6% | +6.5% | +5.2% | +2.6% |
| The company's operating margin | – | – | 4.6% | 17.6% | 32.9% | – |
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
Gauselsplitten AS had an operating margin of 32.9% and an equity ratio of 90.2% in 2025, and ranks 3,841 of 7,993 in Eiendom.
From 2024 to 2025: the operating margin rose from 17.6% to 32.9%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 3 MNOK and 28 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.6 | 3 MNOK |
| EV/EBIT | 22.6 | 13 MNOK |
| P/B | 0.9 | 28 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
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
- watch
Consider strengthening liquidity: current liabilities are 1.1 times current assets.
Based on: Current ratio 0.89 (median 1.38).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% of the debt in 2025. The policy rate averaged 4.30 % 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 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 22.6%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 31 | weight 30% |
|---|---|---|
| Solidity | 93 | weight 25% |
| Liquidity | 36 | weight 15% |
| Growth | 33 | weight 15% |
| Consistency | 50 | weight 15% |
Durability: 49 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Gauselsplitten AS?
The operating margin was 32.9% in 2025, against a median of 46.4% among companies in the Morning class Micro in the same sector. Return on assets was 3.3%.
How solid is Gauselsplitten AS?
The equity ratio was 90.2% in 2025 (median 26.6%). Debt-to-equity was 0.11 (median 2.21).
What is the liquidity of Gauselsplitten AS like?
The current ratio was 0.89 in 2025 (median 1.38). Current assets did not cover current liabilities.
How does Gauselsplitten AS compare in Eiendom?
Gauselsplitten AS ranks 3,841 of 7,993 in Eiendom for 2025. Among companies in the Morning class Micro it is number 2,801 of 5,894. Revenue changed by 0.9% from the year before.
Group structure · 2025
21 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
Groupe Centennial Holding (foreign company) owns 100% of the shares in Centennial AS.
Group accounts. Centennial AS for 2025: index 72 of 100, number 12 of 158 groups. See the group accounts
The group in figures
- Sectors
- Eiendom (5 companies), Handel (1 company), Sjøfart (1 company) 7 of 21 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
- Employees in Norway
- 9 in all. Oslo 9 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
- Loss
- 3 companies: Sandvedparken Bolig og Næringssenter AS, Sagveien 25 AS, Rfsea Infrastructure IV AS
- Changed 2024–2025
- 6 companies joined the group, among them: Sandvedparken Bolig og Næringssenter AS, Senseloop AS, Senseloop Holding AS, Narvik Logistikkinvest AS, Rfsea Infrastructure IV AS.
A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.
-
Centennial AS
-
Centennial Eiendom ASA
- Gauselsplitten AS you are here
- Sagveien 25 AS
- Php 22 AS
-
Org. no. 925758000
-
Org. no. 928987728
- Frydenbergveien 48 AS
- Fågjerdet AS
- Haslekollen AS
- Narvik Logistikkinvest AS
- Bonas-Lisse AS
- Call.Com AS
- Centennial Invest AS
- Vault AS
-
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
From the Central Coordinating Register
- Org. no.
- 891924992
- Legal form
- AS
- Sector
- Eiendom (68.200)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 7 August 2007 19 years in operation
- Share capital
- 0.10 MNOK
- Business address
- c/o Centennial AS, Frydenbergveien 46B, 0575 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.centennial.no
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 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Centennial Eiendom ASA (100%)
Ultimate owner: GROUPE CENTENNIAL HOLDING
- Centennial Eiendom ASA · 100.0%
Change 2007–2025:
100% of the shares changed owner (1 new and 1 departed owners). The majority owner changed.
New owners (companies): Centennial Eiendom ASA
Departed (companies): Øgreid Eiendom Sentrum AS
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.
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 43 | 55 | 50 | |
| Rank | 4,670 | 2,918 | 3,841 | |
| Operating margin | 4.6% | 17.6% | 32.9% | |
| Return on assets | 0.3% | 1.9% | 3.3% | |
| Equity ratio | 63.4% | 88.8% | 90.2% | |
| Current ratio | 1.05 | 1.12 | 0.89 | |
| Revenue growth | – | 10.2% | 0.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 6.2 MNOK | 6.8 MNOK | 6.8 MNOK |
| Operating profit | 0.3 MNOK | 1.2 MNOK | 2.3 MNOK |
| Profit before tax | −1.7 MNOK | 1.4 MNOK | 2.3 MNOK |
| Tax expense | −0.4 MNOK | 0.3 MNOK | 0.5 MNOK |
| Net profit | −1.3 MNOK | 1.1 MNOK | 1.8 MNOK |
| Financial expenses | 2.0 MNOK | – | 0.0 MNOK |
| Total assets | 104.8 MNOK | 71.6 MNOK | 69.5 MNOK |
| Current assets | 38.7 MNOK | 7.1 MNOK | 4.1 MNOK |
| Equity | 66.4 MNOK | 63.5 MNOK | 62.7 MNOK |
| Retained earnings | 6.5 MNOK | 3.4 MNOK | 2.5 MNOK |
| Total liabilities | 38.4 MNOK | 8.0 MNOK | 6.8 MNOK |
| Current liabilities | 36.7 MNOK | 6.3 MNOK | 4.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 6684098.
Further
Similar companies
- Sommervegen 9 AS index 50, rank 3,839 · compare
- Gullblokken AS index 50, rank 3,840 · compare
- NF Cowork AS index 50, rank 3,842 · compare
- Ullern Allé Eiendom AS index 50, rank 3,843 · compare
- Ullsentralen AS index 50, rank 3,844 · compare