Kyberg Holding AS

Org. no. 912166325 · Alta · Founded 2013

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

Score · fiscal year 2024

Not enough data: Holding company (ranked in the list «Holding and investment companies»)

Based on the annual accounts for 2024

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Development

How it has gone · 2023–2025

The equity ratio rose from 82.3% in 2023 to 99.9% in 2025.

Net profit · 2025 0.5 MNOK −54% since 2023 (weaker)
Equity ratio · 2025 99.9% +17.5 pp since 2023 (better)
Current ratio · 2025 448.95 +446.87 since 2023 (better)

Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year

Indications · 2024

Worth a closer look

  • critical

    The operating result does not cover the financial costs. How will the debt be serviced, and what do the lenders say?

    Based on: Interest coverage (times) −83.2 (median 41.0); Financial costs as a share of debt 7.2% (median 1.8%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 7.2% 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

  • watch Revenue not reported
Stress test · 2026

Scenario analysis: the sector's weakest year

We have no accounts for 2026, the sector's weakest year, for this company.

The sector's weakest year was 2026, with a median operating margin of −13.5%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating margin – 65.4% not compared
Profit margin – 68.0% shown, not part of the index
Return on assets 22.1% 14.1% not compared
Equity ratio 99.9% 80.2% not compared
Debt-to-equity 0.00 0.21 not compared
Current ratio 628.53 3.89 not compared
Revenue growth – 16.4% not compared

The median and “ahead of” refer to companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

Over time

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.

Working capital and debt · 2024

Working capital and debt

Working capital and debt · 2024
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
– 41 days not compared
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 not compared
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
– 23.2% not compared
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
100.0% 24.7% not compared
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.
−83.2 41.0 not compared
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.
7.2% 1.8% not compared
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
0.0% 0.0% not compared

The operating result is negative, so the interest coverage is negative: operations cover none of the financial costs.

Net working capital (current assets less bank deposits less current liabilities): 0.0 MNOK.

Of the financial costs of 0.0 MNOK, 0.0 MNOK is reported as interest costs in the accounts.

The median and the bar refer to companies 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.

Analysis · 2024

What the numbers say

Kyberg Holding AS had an equity ratio of 99.9% in 2024. The company is not ranked: holding company (ranked in the list «holding and investment companies»).

From 2023 to 2024: the equity ratio rose from 82.3% to 99.9%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 2 MNOK and 6 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2024): 0.8 MNOK 12.3 10 MNOK 6 MNOK
EV/EBIT Operating profit: 0.0 MNOK – – not used in the sector
P/B Equity: 3.0 MNOK 1.2 4 MNOK 2 MNOK

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: Bank (Money Center), Banks (Regional), Insurance (General), Investments & Asset Management, Financial Svcs. (Non-bank & Insurance).

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

2024

Questions and answers

How profitable is Kyberg Holding AS?

The operating margin was – in 2024, against a median of 65.4% among companies in the same sector. Return on assets was 22.1%.

How solid is Kyberg Holding AS?

The equity ratio was 99.9% in 2024 (median 80.2%). Debt-to-equity was 0.00 (median 0.21).

What is the liquidity of Kyberg Holding AS like?

The current ratio was 628.53 in 2024 (median 3.89).

From the Central Coordinating Register

Org. no.
912166325
Legal form
AS
Sector
Finans og forsikring (64.323)
Purpose
Investering i aksjer og annet som måtte falles naturlig sammen med dette.
Employees
0–4 (not registered)
Founded
3 June 2013 13 years in operation
Share capital
0.03 MNOK
Business address
Måsesvingen 18, 9512 ALTA
Municipality
Alta rank 5–23 of 27 in KOSTRA group 9
Audit
Audit opted out from 3 July 2013
Latest accounts filed
2025
VAT registered
No
The company's business municipality, Alta. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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 2 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
100%
Group chain
Ultimate owner: private person

The company is new in the shareholder register in 2025.

Holds shares in: X5 Elektro AS (12%), Tde Eiendom AS (12%)

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.

Report an issue

Is this your company? Suggest changes or add information

Figures last fetched 30 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index–––
Rank–––
Operating margin–––
Return on assets36.3%22.1%13.7%
Equity ratio82.3%99.9%99.9%
Current ratio2.08628.53448.95
Revenue growth–––

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue–––
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax1.0 MNOK0.7 MNOK0.5 MNOK
Tax expense0.0 MNOK0.0 MNOK0.0 MNOK
Net profit1.0 MNOK0.7 MNOK0.5 MNOK
Financial expenses–0.0 MNOK0.0 MNOK
Total assets2.9 MNOK3.0 MNOK3.5 MNOK
Current assets1.0 MNOK1.2 MNOK1.6 MNOK
Equity2.3 MNOK3.0 MNOK3.5 MNOK
Retained earnings2.3 MNOK3.0 MNOK3.5 MNOK
Total liabilities0.5 MNOK0.0 MNOK0.0 MNOK
Current liabilities0.5 MNOK0.0 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 5539187.