Point Zero AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Key facts
Is the company run well?
Five key figures against companies in the Morning class Small in the same sector. Green is better than most, amber about like the industry and red weaker than most.
- Profitability · operating margin 17.9% Better than the industry Industry: 4.6%
- Returns · return on assets 17.7% Better than the industry Industry: 9.8%
- Solidity · equity ratio 18.5% Weaker than the industry Industry: 41.8%
- Liquidity · current ratio 1.07 Weaker than the industry Industry: 1.76
- Growth · revenue growth 56.7% Better than the industry Industry: 4.5%
The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology
Score · fiscal year 2024
56of 100
How to read this: the company is ahead of 60 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 803 of 2,010 · What are Morning company classes?
Place in the whole sector: 2,668 of 6,820 · Industri
Profile
Cheetah · Sprinter
High profitability, lower resilience
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 79 and resilience 29 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
Point Zero AS is 5 points above the median for companies in the Morning class Small in the same sector in 2024.
Median score 51 among 2,010 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin 17.9% (median 4.6%) and equity ratio 18.5% (median 41.8%).
How it has gone · 2023–2025
Revenue rose by 28 % from 2023 to 2025, to 14.3 MNOK. The operating margin fell from 23.5% in 2023 to 3.7% in 2025. The equity ratio rose from 11.3% in 2023 to 19.6% in 2025.
Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year
Accounts in short
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 11.2 MNOK | 17.5 MNOK | 14.3 MNOK |
| Operating profit | 2.6 MNOK | 3.1 MNOK | 0.5 MNOK |
| Net profit | 1.8 MNOK | 1.9 MNOK | −0.2 MNOK |
| Total assets | 12.0 MNOK | 17.7 MNOK | 15.9 MNOK |
| Equity | 1.4 MNOK | 3.3 MNOK | 3.1 MNOK |
| Total liabilities | 10.6 MNOK | 14.5 MNOK | 12.8 MNOK |
From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year
From the Central Coordinating Register
- Org. no.
- 893603182
- Legal form
- AS
- Sector
- Industri (25.530)
- Purpose
- Bearbeiding av metall og plastmateriell samt deltakelse i annen virksomhet med lignende formål.
- Morning company class
- Small
- Employees
- 7 registered 10 December 2025
- Founded
- 2 January 2009 17 years in operation
- Share capital
- 0.30 MNOK
- Business address
- Tjemslandsmarka 20, 4360 VARHAUG (HÅ)
- Municipality
- Hå rank 10–35 of 38 in KOSTRA group 7
- Latest accounts filed
- 2025
- VAT registered
- Yes
- Former names
- Grødeland AS until 2021, Grødeland Holding AS until 2016
- LEI
- 254900X415BVYIYBA759 not renewed (lapsed)
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
Worth a closer look
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 56.7% (median 4.5%); Current ratio 1.07 (median 1.76).
- watch
Current liabilities exceed current assets other than bank deposits, and the current ratio is weak. Is it customer prepayments and supplier credit that fund the operations, or short-term loans that must be renewed?
Based on: Net working capital to revenue −10.7% (median 3.5%); Current ratio 1.07 (median 1.76).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.7% of the debt in 2024. The policy rate averaged 4.50 % 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 −0.4%. 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 | 79 | weight 40% |
|---|---|---|
| Solidity | 18 | weight 20% |
| Liquidity | 16 | weight 5% |
| Growth | 58 | weight 25% |
| Consistency | 59 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Durability: 54 (average over 2 years)
Index version 3. Data completeness 100%: the share of the weights that had data.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 18 MNOK | 21 MNOK |
| Operating margin | 17.9% | 4.6% |
| Profit margin | 14.1% | 4.3% |
| Return on assets | 17.7% | 9.8% |
| Equity ratio | 18.5% | 41.8% |
| Debt-to-equity | 4.41 | 1.30 |
| Current ratio | 1.07 | 1.76 |
| Revenue growth | 56.7% | 4.5% |
| Revenue per employee | 2.50 MNOK | 1.71 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 56, Point Zero AS does better than 60% of companies in the Morning class Small in the same sector (2,010 companies) in 2024.
Score 2023–2025
- Point Zero AS
- Median: companies in the Morning class Small in the same sector
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
40 days | 47 days | |
| Inventory and other current assets, days Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue. |
0 days | 35 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
−10.7% | 3.5% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
52.6% | 26.5% | |
| Debt and interest burden | |||
| Interest coverage (times) Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt. |
4.6 | 5.9 | |
| Financial costs as a share of debt All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate. |
4.7% | 2.1% | |
| Long-term share of debt Long-term debt as a share of all debt. A low share means more falls due within a year. |
73.8% | 6.3% | |
Net working capital (current assets less bank deposits less current liabilities): −1.9 MNOK.
Of the financial costs of 0.7 MNOK, 0.7 MNOK is reported as interest costs in the accounts.
The median and the bar refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.
What the numbers say
Point Zero AS had an operating margin of 17.9% and an equity ratio of 18.5% in 2024, and ranks 2,668 of 6,820 in Industri.
From 2023 to 2024: revenue grew by 57% and the operating margin fell from 23.5% to 17.9%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 6 MNOK and 25 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 22.2 | 25 MNOK |
| EV/EBIT | 18.6 | 24 MNOK |
| P/B | 3.0 | 6 MNOK |
| EV/EBIT: from enterprise value to equity | NOK |
|---|---|
| Enterprise value (EV) at the listed multiple | 54 MNOK |
| Enterprise value after the size adjustment | 33 MNOK |
| Less net debt (rough figure) | 9 MNOK |
| Equity value | 24 MNOK |
Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt.
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Machinery, Food Processing, Chemical (Specialty), Building Materials, Packaging & Container.
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
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
Questions and answers
How profitable is Point Zero AS?
The operating margin was 17.9% in 2024, against a median of 4.6% among companies in the Morning class Small in the same sector. Return on assets was 17.7%.
How solid is Point Zero AS?
The equity ratio was 18.5% in 2024 (median 41.8%). Debt-to-equity was 4.41 (median 1.30).
What is the liquidity of Point Zero AS like?
The current ratio was 1.07 in 2024 (median 1.76).
How does Point Zero AS compare in Industri?
Point Zero AS ranks 2,668 of 6,820 in Industri for 2024. Among companies in the Morning class Small it is number 803 of 2,010. Revenue changed by 56.7% from the year before.
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 5
- Largest owner
- 20.0% · top three 60.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Fungus AS · 20.0%
- Heptagon AS · 20.0%
- E Madland Holding AS · 20.0%
- S Træland Holding AS · 20.0%
- Sjøhare AS · 20.0%
The company is new in the shareholder register in 2025.
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.
Is this your company? Suggest changes or add information
Figures last fetched 30 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 52 | 56 | 25 | |
| Rank | 3,146 | 2,668 | 6,260 | |
| Operating margin | 23.5% | 17.9% | 3.7% | |
| Return on assets | 21.9% | 17.7% | 3.4% | |
| Equity ratio | 11.3% | 18.5% | 19.6% | |
| Current ratio | 0.71 | 1.07 | 0.99 | |
| Revenue growth | – | 56.7% | −18.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 11.2 MNOK | 17.5 MNOK | 14.3 MNOK |
| Operating profit | 2.6 MNOK | 3.1 MNOK | 0.5 MNOK |
| Profit before tax | 2.3 MNOK | 2.5 MNOK | −0.2 MNOK |
| Tax expense | 0.5 MNOK | 0.5 MNOK | 0.0 MNOK |
| Net profit | 1.8 MNOK | 1.9 MNOK | −0.2 MNOK |
| Financial expenses | 0.3 MNOK | 0.7 MNOK | 0.7 MNOK |
| Total assets | 12.0 MNOK | 17.7 MNOK | 15.9 MNOK |
| Current assets | 2.6 MNOK | 4.1 MNOK | 3.7 MNOK |
| Equity | 1.4 MNOK | 3.3 MNOK | 3.1 MNOK |
| Retained earnings | 1.1 MNOK | 3.0 MNOK | 2.8 MNOK |
| Total liabilities | 10.6 MNOK | 14.5 MNOK | 12.8 MNOK |
| Current liabilities | 3.8 MNOK | 3.8 MNOK | 3.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 5505333.
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