Optituning AS
Score · fiscal year 2023
33of 100
How to read this: the company is ahead of 31 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 931 of 1,340 · What are Morning company classes?
Place in the whole sector: 1,598 of 2,209 · Annen tjenesteyting
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 84 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
Optituning AS is 16 points below the median for companies in the Morning class Micro in the same sector in 2023.
Median score 49 among 1,340 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin 9.4% (median 3.5%) and equity ratio −43.3% (median 28.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 9 MNOK | 3 MNOK |
| Operating margin | 9.4% | 3.5% |
| Profit margin | 7.5% | 3.2% |
| Return on assets | 46.0% | 8.8% |
| Equity ratio | −43.3% | 28.4% |
| Debt-to-equity | – | 1.64 |
| Current ratio | 0.51 | 1.37 |
| Revenue growth | – | −0.5% |
| Revenue per employee | 0.79 MNOK | 0.57 MNOK |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 33, Optituning AS does better than 31% of companies in the Morning class Micro in the same sector (1,340 companies) in 2023.
Score 2023–2025
- Optituning AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
Optituning AS had an operating margin of 9.4% and an equity ratio of −43.3% in 2023, and ranks 1,598 of 2,209 in Annen tjenesteyting.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 7 MNOK and 7 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 7 MNOK |
| EV/EBIT | 8.0 | 7 MNOK |
| P/B | 1.0 | not meaningful |
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
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −43.3% (median 28.4%).
- watch
Consider strengthening liquidity: current liabilities are 2.0 times current assets.
Based on: Current ratio 0.51 (median 1.37).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% of the debt in 2023. The policy rate averaged 3.54 % 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
- critical Negative equity
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 0.2%. 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 | 84 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 10 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 12 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Optituning AS?
The operating margin was 9.4% in 2023, against a median of 3.5% among companies in the Morning class Micro in the same sector. Return on assets was 46.0%.
How solid is Optituning AS?
The equity ratio was −43.3% in 2023 (median 28.4%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Optituning AS like?
The current ratio was 0.51 in 2023 (median 1.37). Current assets did not cover current liabilities.
How does Optituning AS compare in Annen tjenesteyting?
Optituning AS ranks 1,598 of 2,209 in Annen tjenesteyting for 2023. Among companies in the Morning class Micro it is number 931 of 1,340.
From the Central Coordinating Register
- Org. no.
- 897380552
- Legal form
- AS
- Sector
- Annen tjenesteyting (95.310)
- Morning company class
- Micro
- Employees
- 11 registered 10 October 2026
- Founded
- 7 September 2011 15 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Kvenildstrøa 2A, 7093 TILLER (TRONDHEIM)
- Municipality
- Trondheim rank 3 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- www.optituning.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 1 November 2026. Only names are shown.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 0%
- Group chain
- Ultimate owner: private person
The company is new in the shareholder register in 2025.
Majority owner of: Optituning Trondheim AS (51%)
Holds shares in: Optituning Trondheim AS (51%)
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 | 33 | 31 | 25 | |
| Rank | 1,598 | 1,828 | 2,037 | |
| Operating margin | 9.4% | 2.1% | 1.3% | |
| Return on assets | 46.0% | 4.5% | 0.2% | |
| Equity ratio | −43.3% | −24.3% | −29.8% | |
| Current ratio | 0.51 | 0.81 | 0.88 | |
| Revenue growth | – | 38.4% | 12.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 8.7 MNOK | 12.1 MNOK | 13.5 MNOK |
| Operating profit | 0.8 MNOK | 0.3 MNOK | 0.2 MNOK |
| Profit before tax | 0.7 MNOK | 0.1 MNOK | 0.0 MNOK |
| Tax expense | – | – | – |
| Net profit | 0.7 MNOK | 0.1 MNOK | 0.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 1.4 MNOK | 2.1 MNOK | 1.7 MNOK |
| Current assets | 1.0 MNOK | 1.3 MNOK | 1.2 MNOK |
| Equity | −0.6 MNOK | −0.5 MNOK | −0.5 MNOK |
| Retained earnings | −0.7 MNOK | −0.6 MNOK | −0.6 MNOK |
| Total liabilities | 2.0 MNOK | 2.7 MNOK | 2.2 MNOK |
| Current liabilities | 2.0 MNOK | 1.6 MNOK | 1.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 5207301.
Further
Similar companies
- HAIR & There Frisør AS index 33, rank 1,597 · compare
- Vestbygd Vask og Rens AS index 33, rank 1,600 · compare
- Bafrin Frisør AS index 33, rank 1,602 · compare
- Glød Hudklinikk AS index 33, rank 1,604 · compare
- Smuget Frisør Egersund AS index 33, rank 1,605 · compare