ST1 NORGE AS
Score · fiscal year 2024
43of 100
How to read this: the company is ahead of 33 % of large companies in the same sector in 2024. What does this mean?
Rank: 23,944 of 37,180 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 36 and solidity 66 out of 100 among large companies in the same sector in 2024. Methodology
Against the sector
ST1 NORGE AS is 6 points below the median for large companies in the same sector in 2024.
Median score 49 among 342 companies.
Against large companies in the same sector in 2024: operating margin 1.0% (median 2.1%) and equity ratio 46.3% (median 33.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 17,741 MNOK | 2,084 MNOK |
| Operating margin | 1.0% | 2.1% |
| Profit margin | 0.8% | 2.0% |
| Return on assets | 6.4% | 8.4% |
| Equity ratio | 46.3% | 33.5% |
| Debt-to-equity | 1.16 | 1.92 |
| Current ratio | 1.00 | 1.23 |
| Revenue growth | −6.8% | 4.5% |
| Revenue per employee | 138.60 MNOK | 14.18 MNOK |
The median and “ahead of” refer to large companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 43, ST1 NORGE AS does better than 33% of large companies in the same sector (342 companies) in 2024.
Score 2023–2025
- ST1 NORGE AS
- Median: large companies in the same sector
What the numbers say
ST1 NORGE AS had an operating margin of 1.0% and an equity ratio of 46.3% in 2024, and ranks 23,944 of 37,180 in Handel.
From 2023 to 2024: went from a loss to a profit before tax.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 1,040 MNOK and 1,968 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,040 MNOK |
| EV/EBIT | 8.0 | 1,231 MNOK |
| P/B | 1.0 | 1,968 MNOK |
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
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 6.0% 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.
Data quality
No anomalies found in the figures.
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 | 36 | weight 30% |
|---|---|---|
| Solidity | 66 | weight 25% |
| Liquidity | 24 | weight 15% |
| Growth | 17 | weight 15% |
| Consistency | 60 | weight 15% |
Durability: 44 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ST1 NORGE AS?
The operating margin was 1.0% in 2024, against a median of 2.1% among large companies in the same sector. Return on assets was 6.4%.
How solid is ST1 NORGE AS?
The equity ratio was 46.3% in 2024 (median 33.5%). Debt-to-equity was 1.16 (median 1.92).
What is the liquidity of ST1 NORGE AS like?
The current ratio was 1.00 in 2024 (median 1.23).
How does ST1 NORGE AS compare in Handel?
ST1 NORGE AS ranks 23,944 of 37,180 in Handel for 2024. Among companies of the same size (large companies) it ranks 228 of 342. Revenue changed by −6.8% from the year before.
Public contracts
- Contracts awarded since 2024
- 13
- in 11 notices (lots counted separately)
- Total awarded value since 2024
- 8.6 MNOK
- 3 contracts without a stated value are not in the total.
- Framework agreements
- 9
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 2 October 2025 | Forsvarsbygg | R01339 - Biofyringsolje i bulk - prekvalifisering - RENO nord | 90.5 MNOK (framework) |
| 30 September 2025 | Forsvarsbygg | R01712 - Biofyringsolje i bulk - prekvalifisering - RENO sør | 4.3 MNOK (framework) |
| 30 September 2025 | Forsvarsbygg | R01713 - Biofyringsolje i bulk - prekvalifisering - REVE | 47.0 MNOK (framework) |
| 30 September 2025 | Forsvarsbygg | R01714 - Biofyringsolje i bulk - prekvalifisering - REØS | 23.1 MNOK (framework) |
| 5 May 2025 | Innherred Anskaffelser | Rammeavtale Drivstoff og AdBlue | 8.6 MNOK (2 lots) |
| 30 April 2025 | Statens vegvesen | Etablering, drift og vedlikehold av døgnhvileplass for tungtransport langs med rv. 3 | value not stated |
| 27 February 2025 | Politiets fellestjenester | Drivstoff til kjøretøy og lading av elbil | value not stated |
| 19 December 2024 | VOIS - Vestfold Offentlige Innkjøpssamarbeid | VOIS - Drivstoff fra stasjon - Kontraktstildeling | value not stated |
| 2 December 2024 | Stiftelsen Tradebroker | Drivstoff og lading av el-kjøretøy- Kortprodukter | value not stated |
| 6 November 2024 | Ullensvang kommune | Drivstoff i bulk og drivstoff fra stasjon, rammeavtale | value not stated (2 lots) |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 913285670
- Legal form
- AS
- Sector
- Handel (46.810)
- Size tier
- large
- Employees
- 128 registered 10 October 2026
- Founded
- 12 February 2014 12 years in operation
- Share capital
- 12.94 MNOK
- Business address
- Bygg 6, Drammensveien 134, 0277 OSLO
- Municipality
- Oslo rank 106–282 of 357 in Norway
- Latest accounts filed
- 2025
- LEI
- 213800YJF25XQMZNWI22 renews 28 November 2026
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
- Lea Annukka Rankinen
- Chair of the board
- Veijo Henrikki Talvitie
- Board member
- Daniel Håkan Wandebäck
- Board member
- Lea Annukka Rankinen
- Board member
- Svein Skudal Aase
- Board member
- Elin Nordenstam
- Auditor
- DELOITTE AS
- Accountant
- ASPIA NORGE AS
- Accountant
- AZETS INSIGHT AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- St1 Oy (Finland)
- Ultimate parent
- Keele Oy (Finland)
Foreign-owned according to GLEIF.
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 46 | 43 | 48 | |
| Rank | 19,788 | 23,944 | 20,918 | |
| Operating margin | 0.3% | 1.0% | 1.9% | |
| Return on assets | 3.9% | 6.4% | 9.2% | |
| Equity ratio | 43.1% | 46.3% | 50.3% | |
| Current ratio | 0.99 | 1.00 | 1.05 | |
| Revenue growth | – | −6.8% | −8.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 19,038.0 MNOK | 17,741.0 MNOK | 16,284.0 MNOK |
| Operating profit | 49.0 MNOK | 186.0 MNOK | 306.0 MNOK |
| Profit before tax | −79.0 MNOK | 137.0 MNOK | 255.0 MNOK |
| Net profit | −63.0 MNOK | 104.0 MNOK | 198.0 MNOK |
| Financial expenses | 247.0 MNOK | 136.0 MNOK | 142.0 MNOK |
| Total assets | 4,329.0 MNOK | 4,252.0 MNOK | 4,305.0 MNOK |
| Current assets | 2,174.0 MNOK | 2,030.0 MNOK | 2,007.0 MNOK |
| Equity | 1,865.0 MNOK | 1,968.0 MNOK | 2,167.0 MNOK |
| Retained earnings | 1,852.0 MNOK | 1,955.0 MNOK | 2,154.0 MNOK |
| Total liabilities | 2,465.0 MNOK | 2,284.0 MNOK | 2,138.0 MNOK |
| Current liabilities | 2,203.0 MNOK | 2,027.0 MNOK | 1,910.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5722197.
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