NORDISK FJELLSIKRING AS
Score · fiscal year 2025
51of 100
How to read this: the company is ahead of 53 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 15,772 of 32,580 · Bygg og anlegg
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 19 and solidity 61 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
NORDISK FJELLSIKRING AS is 1 points above the median for medium-sized companies in the same sector in 2025.
Median score 50 among 1,024 companies.
Against medium-sized companies in the same sector in 2025: operating margin 0.6% (median 4.6%) and equity ratio 36.0% (median 31.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 565 MNOK | 176 MNOK |
| Operating margin | 0.6% | 4.6% |
| Profit margin | 0.3% | 4.6% |
| Return on assets | 1.7% | 10.7% |
| Equity ratio | 36.0% | 31.2% |
| Debt-to-equity | 1.78 | 2.19 |
| Current ratio | 1.67 | 1.36 |
| Revenue growth | 22.3% | 6.6% |
| Revenue per employee | 3.01 MNOK | 3.09 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 51, NORDISK FJELLSIKRING AS does better than 53% of medium-sized companies in the same sector (1,030 companies) in 2025.
Score 2023–2025
- NORDISK FJELLSIKRING AS
- Median: medium-sized companies in the same sector
NORDISK FJELLSIKRING AS has a score of 51 for 2025, rank 15,772 of 32,580 in the sector.
Strongest: Growth: percentile 72 against peers, revenue growth 22.3% against a median of 6.6%. Liquidity: percentile 71 against peers, current ratio 1.67 against a median of 1.36.
Weakest: Profitability: percentile 19 against peers, operating margin 0.6% against a median of 4.6%.
Worth a closer look
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin 0.6% (median 4.6%).
- What lies behind weak profitability, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
NORDISK FJELLSIKRING AS had an operating margin of 0.6% and an equity ratio of 36.0% in 2025, and ranks 15,772 of 32,580 in Bygg og anlegg.
From 2024 to 2025: revenue grew by 22% and the equity ratio fell from 46.2% to 36.0%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 3 MNOK and 84 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 34 MNOK |
| EV/EBIT | 8.0 | 3 MNOK |
| P/B | 1.0 | 84 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 operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin 0.6% (median 4.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.4% 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.
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 2.4%. 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 | 19 | weight 30% |
|---|---|---|
| Solidity | 61 | weight 25% |
| Liquidity | 71 | weight 15% |
| Growth | 72 | weight 15% |
| Consistency | 58 | weight 15% |
Durability: 62 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NORDISK FJELLSIKRING AS?
The operating margin was 0.6% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 1.7%.
How solid is NORDISK FJELLSIKRING AS?
The equity ratio was 36.0% in 2025 (median 31.2%). Debt-to-equity was 1.78 (median 2.19).
What is the liquidity of NORDISK FJELLSIKRING AS like?
The current ratio was 1.67 in 2025 (median 1.36).
How does NORDISK FJELLSIKRING AS compare in Bygg og anlegg?
NORDISK FJELLSIKRING AS ranks 15,772 of 32,580 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 485 of 1,030. Revenue changed by 22.3% from the year before.
Public contracts
- Contracts awarded since 2024
- 6
- Total awarded value since 2024
- 188.6 MNOK
- 2 contracts without a stated value are not in the total.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 3 December 2025 | Statens vegvesen | E16 skredsikring Nakkagjeltunnelen vest | 6.9 MNOK |
| 5 November 2025 | Norges vassdrags- og energidirektorat (NVE) | Utførelse av skredsikring for Honningsvåg sentrum | 149.9 MNOK |
| 30 May 2025 | Statens vegvesen | Rv. 7 - Skredsikring Pylsur | 15.8 MNOK |
| 23 April 2025 | Statens vegvesen | Dov Midt - Fjellsikring Strindheimstunnelen rv. 706 | 16.0 MNOK |
| 9 April 2025 | Statens vegvesen | E-03 Berg- og skredsikring | value not stated |
| 12 July 2024 | Statens vegvesen | Almenningsbakkane - Rv. 15 - Skredsikring | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 893517952
- Legal form
- AS
- Sector
- Bygg og anlegg (43.500)
- Size tier
- medium
- Employees
- 188 registered 10 October 2026
- Founded
- 22 December 2008 17 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Karen Sogns vei 49, 3275 SVARSTAD (LARVIK)
- Municipality
- Larvik rank 4 of 10 in KOSTRA group 11
- 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
- Vegar Gjerden
- Chair of the board
- Lennart Andreas Christoffersson
- Board member
- Nils Johan Lundqvist
- Auditor
- KPMG 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 | 72 | 63 | 51 | |
| Rank | 4,579 | 7,743 | 15,772 | |
| Operating margin | 6.7% | 4.2% | 0.6% | |
| Return on assets | 18.0% | 11.3% | 1.7% | |
| Equity ratio | 36.2% | 46.2% | 36.0% | |
| Current ratio | 1.66 | 1.98 | 1.67 | |
| Revenue growth | – | −5.2% | 22.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 487.9 MNOK | 462.3 MNOK | 565.3 MNOK |
| Operating profit | 32.7 MNOK | 19.3 MNOK | 3.1 MNOK |
| Profit before tax | 31.1 MNOK | 18.0 MNOK | 1.9 MNOK |
| Net profit | 27.4 MNOK | 14.0 MNOK | 3.4 MNOK |
| Financial expenses | 2.2 MNOK | 1.8 MNOK | 2.0 MNOK |
| Total assets | 184.7 MNOK | 174.5 MNOK | 233.3 MNOK |
| Current assets | 153.2 MNOK | 151.0 MNOK | 197.1 MNOK |
| Equity | 66.8 MNOK | 80.7 MNOK | 84.1 MNOK |
| Retained earnings | 61.8 MNOK | 80.5 MNOK | 83.9 MNOK |
| Total liabilities | 117.9 MNOK | 93.8 MNOK | 149.2 MNOK |
| Current liabilities | 92.4 MNOK | 76.3 MNOK | 118.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7099779.
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