Sergas Gruppen 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 | 1 MNOK | 4 MNOK |
| Operating margin | 48.6% | 2.6% |
| Profit margin | 37.2% | 2.1% |
| Return on assets | 8.3% | 6.2% |
| Equity ratio | 23.9% | 33.5% |
| Debt-to-equity | 3.18 | 1.25 |
| Current ratio | 2.56 | 1.74 |
| Revenue growth | 47.6% | 4.0% |
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.
The industry or the company: what drove the result?
In 2025 the operating margin of Sergas Gruppen AS fell by 27.9 percentage points. Comparable companies rose by a median 0.3 points. So the company did 28.2 points weaker than the industry, for reasons of its own.
Over 2 year-to-year changes Sergas Gruppen AS moved the same way as comparable companies 0 times. About 0% of the changes in operating margin were common to the industry; the rest was the company's own.
| Year | The company | Comparable (median) | Change, company | Change, industry | The company's own |
|---|---|---|---|---|---|
| 2024 | 76.4% | 2.3% | +196.1 percentage points | −0.3 percentage points | +196.4 percentage points |
| 2025 | 48.6% | 2.6% | −27.9 percentage points | +0.3 percentage points | −28.2 percentage points |
Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Sergas Gruppen AS. The figures stand side by side; we claim no cause.
Consumer price index (indeks (2025 = 100))
Consumer price index rose 3.0% in 2025; the operating margin of Sergas Gruppen AS fell 27.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 102.9 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +2.9% |
| The company's operating margin | – | – | −119.7% | 76.4% | 48.6% | – |
Source: SSB (14710, CC BY 4.0). Source
Policy rate (prosent)
Policy rate fell 0.20 percentage points in 2025; the operating margin of Sergas Gruppen AS fell 27.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| The company's operating margin | – | – | −119.7% | 76.4% | 48.6% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Wage index: retail trade (indeks)
Wage index: retail trade rose 4.8% in 2025; the operating margin of Sergas Gruppen AS fell 27.9 percentage points.
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: retail trade, annual average | 87.7 | 89.9 | 93.6 | 98.2 | 102.9 | 106.7 (so far) |
| Change from the year before | +5.4% | +2.6% | +4.1% | +4.8% | +4.8% | +3.7% |
| The company's operating margin | – | – | −119.7% | 76.4% | 48.6% | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Sergas Gruppen AS had an equity ratio of 23.9% in 2025. The company is not ranked: not enough data (below minimum revenue).
From 2024 to 2025: the operating margin fell from 76.4% to 48.6% and revenue grew by 48%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 21.2 | not meaningful |
| EV/EBIT | 16.6 | not meaningful |
| P/B | 2.2 | 1 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
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
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.7% 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.
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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is Sergas Gruppen AS?
The operating margin was 48.6% in 2025, against a median of 2.6% among companies in the same sector. Return on assets was 8.3%.
How solid is Sergas Gruppen AS?
The equity ratio was 23.9% in 2025 (median 33.5%). Debt-to-equity was 3.18 (median 1.25).
What is the liquidity of Sergas Gruppen AS like?
The current ratio was 2.56 in 2025 (median 1.74).
From the Central Coordinating Register
- Org. no.
- 913049837
- Legal form
- AS
- Sector
- Handel (46.440)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 2 January 2014 12 years in operation
- Share capital
- 0.71 MNOK
- Business address
- Damlivegen 7, 2100 SKARNES (SØR-ODAL)
- Municipality
- Sør-Odal rank 20–30 of 40 in KOSTRA group 1
- Audit
- Audit opted out from 9 January 2014
- Latest accounts filed
- 2025
- Website
- www.sergas.no
- LEI
- 984500D89AN87CAEFD53 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
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- Parent does not consolidate the company
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
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.
Majority owner of: Sergas Storkjøkken AS (100%)
The portfolio: 4 of the companies it owns shares in have accounts with us, 1 of them as majority owner. The average index is 44. 1 have negative equity and 2 made a loss in the latest year.
Holds shares in: Sergas Storkjøkken AS (100%), Vow ASA (0%), Norwegian Air Shuttle ASA (0%), AF Gruppen ASA (0%), TGS ASA (0%)
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 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | −119.7% | 76.4% | 48.6% | |
| Return on assets | −12.4% | 8.8% | 8.3% | |
| Equity ratio | 11.5% | 19.3% | 23.9% | |
| Current ratio | 1.26 | 1.92 | 2.56 | |
| Revenue growth | – | −29.0% | 47.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.5 MNOK | 0.3 MNOK | 0.5 MNOK |
| Operating profit | −0.6 MNOK | 0.3 MNOK | 0.2 MNOK |
| Profit before tax | −0.5 MNOK | 0.2 MNOK | 0.2 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | −0.5 MNOK | 0.2 MNOK | 0.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 3.7 MNOK | 3.0 MNOK | 3.1 MNOK |
| Current assets | 2.9 MNOK | 2.4 MNOK | 2.4 MNOK |
| Equity | 0.4 MNOK | 0.6 MNOK | 0.7 MNOK |
| Retained earnings | −0.3 MNOK | −0.1 MNOK | 0.0 MNOK |
| Total liabilities | 3.3 MNOK | 2.4 MNOK | 2.3 MNOK |
| Current liabilities | 2.3 MNOK | 1.2 MNOK | 0.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6622089.