AS EINAR KUNSTS ETF
Score · fiscal year 2025
54of 100
How to read this: the company is ahead of 58 % of small companies in the same sector in 2025. What does this mean?
Rank: 16,427 of 38,671 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 50 and solidity 52 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
AS EINAR KUNSTS ETF is 4 points above the median for small companies in the same sector in 2025.
Median score 50 among 36,111 companies.
Against small companies in the same sector in 2025: operating margin 1.4% (median 2.5%) and equity ratio 47.6% (median 38.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 78 MNOK | 3 MNOK |
| Operating margin | 1.4% | 2.5% |
| Profit margin | 2.2% | 2.2% |
| Return on assets | 6.1% | 4.0% |
| Equity ratio | 47.6% | 38.3% |
| Debt-to-equity | 1.10 | 0.99 |
| Current ratio | 1.82 | 1.70 |
| Revenue growth | 4.6% | 3.5% |
| Revenue per employee | 11.11 MNOK | 1.62 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 54, AS EINAR KUNSTS ETF does better than 58% of small companies in the same sector (36,580 companies) in 2025.
Score 2023–2025
- AS EINAR KUNSTS ETF
- Median: small companies in the same sector
AS EINAR KUNSTS ETF has a score of 54 for 2025, rank 16,427 of 38,671 in the sector.
Strongest: Consistency: percentile 67 against peers.
No area is clearly below its peers.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
AS EINAR KUNSTS ETF had an operating margin of 1.4% and an equity ratio of 47.6% in 2025, and ranks 16,427 of 38,671 in Handel.
From 2024 to 2025: the operating margin fell from 16.8% to 1.4% and the equity ratio rose from 38.5% to 47.6%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 10 MNOK and 20 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 13 MNOK |
| EV/EBIT | 8.0 | 10 MNOK |
| P/B | 1.0 | 20 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 3.7% 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.
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 | 50 | weight 30% |
|---|---|---|
| Solidity | 52 | weight 25% |
| Liquidity | 53 | weight 15% |
| Growth | 53 | weight 15% |
| Consistency | 67 | weight 15% |
Durability: 59 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is AS EINAR KUNSTS ETF?
The operating margin was 1.4% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 6.1%.
How solid is AS EINAR KUNSTS ETF?
The equity ratio was 47.6% in 2025 (median 38.3%). Debt-to-equity was 1.10 (median 0.99).
What is the liquidity of AS EINAR KUNSTS ETF like?
The current ratio was 1.82 in 2025 (median 1.70).
How does AS EINAR KUNSTS ETF compare in Handel?
AS EINAR KUNSTS ETF ranks 16,427 of 38,671 in Handel for 2025. Among companies of the same size (small companies) it ranks 15,415 of 36,580. Revenue changed by 4.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 913635469
- Legal form
- AS
- Sector
- Handel (46.640)
- Size tier
- small
- Employees
- 7 registered 10 August 2025
- Founded
- 11 May 1970 56 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Hoffsveien 65A, 0377 OSLO
- Municipality
- Oslo rank 106–282 of 357 in Norway
- Latest accounts filed
- 2025
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
- Tom Børge Kunst Knutsen
- Chair of the board
- Tom Børge Kunst Knutsen
- Deputy member
- Georg Halle Knutsen
- Auditor
- STATSAUT. REVISOR JOHN ASLE JOHNSEN AS
- Accountant
- AZETS INSIGHT 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 | 60 | 63 | 54 | |
| Rank | 11,358 | 9,108 | 16,427 | |
| Operating margin | 10.8% | 16.8% | 1.4% | |
| Return on assets | 23.3% | 29.5% | 6.1% | |
| Equity ratio | 35.9% | 38.5% | 47.6% | |
| Current ratio | 1.53 | 1.57 | 1.82 | |
| Revenue growth | – | 4.5% | 4.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 71.2 MNOK | 74.4 MNOK | 77.8 MNOK |
| Operating profit | 7.7 MNOK | 12.5 MNOK | 1.1 MNOK |
| Profit before tax | 7.1 MNOK | 13.0 MNOK | 1.7 MNOK |
| Net profit | 5.5 MNOK | 10.1 MNOK | 1.3 MNOK |
| Financial expenses | 1.1 MNOK | 1.4 MNOK | 0.8 MNOK |
| Total assets | 35.1 MNOK | 48.9 MNOK | 42.1 MNOK |
| Current assets | 34.4 MNOK | 47.2 MNOK | 40.0 MNOK |
| Equity | 12.6 MNOK | 18.8 MNOK | 20.0 MNOK |
| Retained earnings | 12.5 MNOK | 18.7 MNOK | 19.9 MNOK |
| Total liabilities | 22.5 MNOK | 30.1 MNOK | 22.0 MNOK |
| Current liabilities | 22.5 MNOK | 30.1 MNOK | 22.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6873136.
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