SOLUTECH AS
Score · fiscal year 2023
23of 100
How to read this: the company is ahead of 16 % of companies in the Morning class Small in the same sector in 2023. What does this mean?
Rank in the Morning class Small: 27,280 of 32,642 · What are Morning company classes?
Place in the whole sector: 29,245 of 34,736 · Handel
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 31 and solidity 0 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology
Against the sector
SOLUTECH AS is 27 points below the median for companies in the Morning class Small in the same sector in 2023.
Median score 50 among 32,558 companies.
Against companies in the Morning class Small in the same sector in 2023: operating margin −0.8% (median 2.5%) and equity ratio −108.3% (median 39.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 4 MNOK |
| Operating margin | −0.8% | 2.5% |
| Profit margin | −1.0% | 2.2% |
| Return on assets | −1.1% | 4.0% |
| Equity ratio | −108.3% | 39.1% |
| Debt-to-equity | – | 1.00 |
| Current ratio | 2.27 | 1.70 |
| Revenue growth | – | 0.0% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 23, SOLUTECH AS does better than 16% of companies in the Morning class Small in the same sector (32,642 companies) in 2023.
Score 2023–2025
- SOLUTECH AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
SOLUTECH AS had an operating margin of −0.8% and an equity ratio of −108.3% in 2023, and ranks 29,245 of 34,736 in Handel.
This text is generated automatically from the 2023 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| 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 −108.3% (median 39.1%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −1.0% (median 2.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.2% 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.
Data quality
- critical Negative equity
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 31 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 62 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 7 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is SOLUTECH AS?
The operating margin was −0.8% in 2023, against a median of 2.5% among companies in the Morning class Small in the same sector. Return on assets was −1.1%. The company made a loss before tax.
How solid is SOLUTECH AS?
The equity ratio was −108.3% in 2023 (median 39.1%). Equity is negative, so liabilities exceed assets.
What is the liquidity of SOLUTECH AS like?
The current ratio was 2.27 in 2023 (median 1.70).
How does SOLUTECH AS compare in Handel?
SOLUTECH AS ranks 29,245 of 34,736 in Handel for 2023. Among companies in the Morning class Small it is number 27,280 of 32,642.
From the Central Coordinating Register
- Org. no.
- 913117352
- Legal form
- AS
- Sector
- Handel (46.490)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 1 January 2014 12 years in operation
- Share capital
- 0.08 MNOK
- Business address
- Havnehagen 30, 1465 STRØMMEN (LILLESTRØM)
- Municipality
- Lillestrøm rank 7 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 27 February 2014
- Latest accounts filed
- 2025
- Website
- www.sandkunst.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
- Chief executive
- Tore Skjæret
- Chair of the board
- Helge Johan Risaasen
- Board member
- Tore Skjæret
- Deputy member
- Silje Skjæret
- Accountant
- REGNSKAPSTJENESTER ASKER 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 | 23 | 19 | 58 | |
| Rank | 29,245 | 33,530 | 12,860 | |
| Operating margin | −0.8% | −173.0% | 49.3% | |
| Return on assets | −1.1% | −319.9% | 41.5% | |
| Equity ratio | −108.3% | −449.0% | −86.7% | |
| Current ratio | 2.27 | 1.65 | 4.31 | |
| Revenue growth | – | 7.6% | 58.3% |
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 | 0.2 MNOK |
| Operating profit | 0.0 MNOK | −0.2 MNOK | 0.1 MNOK |
| Profit before tax | 0.0 MNOK | −0.2 MNOK | 0.1 MNOK |
| Net profit | 0.0 MNOK | −0.2 MNOK | 0.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.1 MNOK | 0.1 MNOK | 0.2 MNOK |
| Current assets | 0.1 MNOK | 0.1 MNOK | 0.2 MNOK |
| Equity | −0.1 MNOK | −0.3 MNOK | −0.2 MNOK |
| Retained earnings | −0.2 MNOK | −0.3 MNOK | −0.3 MNOK |
| Total liabilities | 0.1 MNOK | 0.3 MNOK | 0.4 MNOK |
| Current liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4831271.
Further
Similar companies
- MELU AS index 23, rank 29,244 · compare
- BOTECO INTERIØR AS index 23, rank 29,246 · compare
- ANDORSEN HOLDING AS index 23, rank 29,247 · compare
- STJØRDAL INTERMATEN AS index 23, rank 29,248 · compare
- PÅL KRAGERUD AS index 23, rank 29,249 · compare