WATTS UP ? AS
Score · fiscal year 2025
Not enough data: Not enough data (below minimum revenue)
Based on the annual accounts for 2025
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 5 MNOK |
| Operating margin | −52.9% | 15.1% |
| Profit margin | −385.0% | 9.0% |
| Return on assets | −1.7% | 4.8% |
| Equity ratio | 8.8% | 38.9% |
| Debt-to-equity | 10.37 | 1.37 |
| Current ratio | 0.01 | 1.65 |
| Revenue growth | −5.0% | 3.6% |
The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
WATTS UP ? AS had an equity ratio of 8.8% in 2025. The company is not ranked: not enough data (below minimum revenue).
From 2024 to 2025: the operating margin rose from −87.8% to −52.9% and the equity ratio rose from −13.9% to 8.8%.
WATTS UP ? AS did weaker than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 0 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
- critical
Consider strengthening liquidity: current liabilities are 87.7 times current assets.
Based on: Current ratio 0.01 (median 1.65).
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 8.8% (median 38.9%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −385.0% (median 9.0%).
- 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 −52.9% (median 15.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 12.1% 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
The operating margin was −52.9% in 2025 (sector median 15.8%), and the equity ratio 8.8%. The company had a loss before tax that year. In the other years the operating margin averaged −45.8%.
The sector's weakest year was 2025, with a median operating margin of 15.8%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is WATTS UP ? AS?
The operating margin was −52.9% in 2025, against a median of 15.1% among companies in the same sector. Return on assets was −1.7%. The company made a loss before tax.
How solid is WATTS UP ? AS?
The equity ratio was 8.8% in 2025 (median 38.9%). Debt-to-equity was 10.37 (median 1.37).
What is the liquidity of WATTS UP ? AS like?
The current ratio was 0.01 in 2025 (median 1.65). Current assets did not cover current liabilities.
From the Central Coordinating Register
- Org. no.
- 896380982
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 1 January 2011 15 years in operation
- Share capital
- 3.10 MNOK
- Business address
- Mellomriksvegen 2986, 7525 FLORNES (STJØRDAL)
- Municipality
- Stjørdal rank 11–20 of 27 in KOSTRA group 9
- Audit
- Audit opted out from 8 October 2012
- Latest accounts filed
- 2025
- LEI
- 894500QVQ1RZ4RE7WU42 renews 21 October 2027
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
- Kristoffer Kringen Fordal
- Chair of the board
- Kristoffer Kringen Fordal
- Deputy member
- Gunnar Daniel Fordal
- Accountant
- EIKA ØKONOMI MIDT-NORGE 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 | – | – | – | |
| Rank | – | – | – | |
| Operating margin | −3.9% | −87.8% | −52.9% | |
| Return on assets | 0.6% | −2.8% | −1.7% | |
| Equity ratio | 7.4% | −13.9% | 8.8% | |
| Current ratio | 0.01 | 0.01 | 0.01 | |
| Revenue growth | – | −2.4% | −5.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
| Operating profit | 0.0 MNOK | −0.1 MNOK | −0.1 MNOK |
| Profit before tax | 0.0 MNOK | −1.0 MNOK | −0.5 MNOK |
| Net profit | 0.0 MNOK | −1.0 MNOK | −0.5 MNOK |
| Financial expenses | 0.0 MNOK | 0.9 MNOK | 0.5 MNOK |
| Total assets | 5.0 MNOK | 4.4 MNOK | 4.1 MNOK |
| Current assets | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Equity | 0.4 MNOK | −0.6 MNOK | 0.4 MNOK |
| Retained earnings | −1.2 MNOK | −2.2 MNOK | −2.7 MNOK |
| Total liabilities | 4.6 MNOK | 5.0 MNOK | 3.8 MNOK |
| Current liabilities | 4.6 MNOK | 5.0 MNOK | 3.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6637543.