Optituning AS
Score · fiscal year 2024
31of 100
How to read this: the company is ahead of 18 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 538 of 653 · What are Morning company classes?
Place in the whole sector: 1,828 of 2,259 · Annen tjenesteyting
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 25 and solidity 0 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
Optituning AS is 20 points below the median for companies in the Morning class Small in the same sector in 2024.
Median score 51 among 653 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin 2.1% (median 5.7%) and equity ratio −24.3% (median 31.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 12 MNOK | 18 MNOK |
| Operating margin | 2.1% | 5.7% |
| Profit margin | 0.8% | 5.5% |
| Return on assets | 4.5% | 14.7% |
| Equity ratio | −24.3% | 31.4% |
| Debt-to-equity | – | 2.01 |
| Current ratio | 0.81 | 1.39 |
| Revenue growth | 38.4% | 9.0% |
| Revenue per employee | 1.10 MNOK | 1.40 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 31, Optituning AS does better than 18% of companies in the Morning class Small in the same sector (653 companies) in 2024.
Score 2023–2025
- Optituning AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
Optituning AS had an operating margin of 2.1% and an equity ratio of −24.3% in 2024, and ranks 1,828 of 2,259 in Annen tjenesteyting.
From 2023 to 2024: revenue grew by 38% and the equity ratio rose from −43.3% to −24.3%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 1 MNOK and 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | 1 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 −24.3% (median 31.4%).
- watch
Consider strengthening liquidity: current liabilities are 1.2 times current assets.
Based on: Current ratio 0.81 (median 1.39).
- 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 38.4% (median 9.0%); Current ratio 0.81 (median 1.39).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% 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
- 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 | 25 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 12 | weight 15% |
| Growth | 94 | weight 15% |
| Consistency | 53 | weight 15% |
Durability: 32 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Optituning AS?
The operating margin was 2.1% in 2024, against a median of 5.7% among companies in the Morning class Small in the same sector. Return on assets was 4.5%.
How solid is Optituning AS?
The equity ratio was −24.3% in 2024 (median 31.4%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Optituning AS like?
The current ratio was 0.81 in 2024 (median 1.39). Current assets did not cover current liabilities.
How does Optituning AS compare in Annen tjenesteyting?
Optituning AS ranks 1,828 of 2,259 in Annen tjenesteyting for 2024. Among companies in the Morning class Small it is number 538 of 653. Revenue changed by 38.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 897380552
- Legal form
- AS
- Sector
- Annen tjenesteyting (95.310)
- Morning company class
- Small
- 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 6175843.
Further
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