A-CON AS

Org. no. 913685733 · TØNSBERG · Founded 2014 · 6 employees

Score · fiscal year 2025

37of 100

How to read this: the company is ahead of 28 % of small companies in the same sector in 2025. What does this mean?

Rank: 23,690 of 32,581 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 66 and solidity 0 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

A-CON AS is 13 points below the median for small companies in the same sector in 2025.

Median score 50 among 31,471 companies.

Against small companies in the same sector in 2025: operating margin 10.3% (median 3.7%) and equity ratio −84.6% (median 36.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue2 MNOK3 MNOK
Operating margin 10.3% 3.7% 72 %
Profit margin 1.2% 3.4% shown, not part of the index
Return on assets 10.4% 5.7% 60 %
Equity ratio −84.6% 36.5% 7 %
Debt-to-equity – 1.20 not compared
Current ratio 0.13 1.45 5 %
Revenue growth 232.1% 3.0% 95 %
Revenue per employee0.42 MNOK1.46 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 37, A-CON AS does better than 28% of small companies in the same sector (31,719 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • A-CON AS
  • Median: small companies in the same sector
Summary analysis

A-CON AS has a score of 37 for 2025, rank 23,690 of 32,581 in the sector.

Strongest: Growth: percentile 95 against peers, revenue growth 232.1% against a median of 3.0%. Profitability: percentile 66 against peers, operating margin 10.3% against a median of 3.7%.

Weakest: Solidity: percentile 0 against peers, equity ratio −84.6% against a median of 36.5%. Liquidity: percentile 5 against peers, current ratio 0.13 against a median of 1.45.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

A-CON AS had an operating margin of 10.3% and an equity ratio of −84.6% in 2025, and ranks 23,690 of 32,581 in Bygg og anlegg.

From 2024 to 2025: the operating margin rose from −42.9% to 10.3% and revenue grew by 232%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 0 MNOK
EV/EBIT Operating profit: 0.3 MNOK
minus net debt 2.6 MNOK
8.0 debt above value
P/B Equity: −2.1 MNOK 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

Indications · 2025

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 −84.6% (median 36.5%).

  • critical

    Consider strengthening liquidity: current liabilities are 7.7 times current assets.

    Based on: Current ratio 0.13 (median 1.45).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 232.1% (median 3.0%); Current ratio 0.13 (median 1.45).

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

Financial costs were 5.0% 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

  • critical Negative equity
Stress test · 2022

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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability66 weight 30%
Solidity0 weight 25%
Liquidity5 weight 15%
Growth95 weight 15%
Consistency14 weight 15%

Durability: 20 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is A-CON AS?

The operating margin was 10.3% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 10.4%.

How solid is A-CON AS?

The equity ratio was −84.6% in 2025 (median 36.5%). Equity is negative, so liabilities exceed assets.

What is the liquidity of A-CON AS like?

The current ratio was 0.13 in 2025 (median 1.45). Current assets did not cover current liabilities.

How does A-CON AS compare in Bygg og anlegg?

A-CON AS ranks 23,690 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 22,832 of 31,719. Revenue changed by 232.1% from the year before.

From the Central Coordinating Register

Org. no.
913685733
Legal form
AS
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
6 registered 10 September 2026
Founded
19 May 2014 12 years in operation
Share capital
0.03 MNOK
Business address
Gamle Ramnesvei 37A, 3171 SEM (TØNSBERG)
Municipality
Tønsberg rank 2 of 10 in KOSTRA group 11
Audit
Audit opted out from 25 November 2021
Latest accounts filed
2025
Website
aacon.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

Chair of the board
Musli Avdija
Accountant
REGNSKAP & RÅDGIVNING 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index51837
Rank28,14428,31823,690
Operating margin−120.8%−42.9%10.3%
Return on assets−23.7%−12.6%10.4%
Equity ratio−55.4%−82.7%−84.6%
Current ratio0.130.090.13
Revenue growth–34.1%232.1%

Accounts

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

Key figure202320242025
Operating revenue0.6 MNOK0.8 MNOK2.5 MNOK
Operating profit−0.7 MNOK−0.3 MNOK0.3 MNOK
Profit before tax−0.9 MNOK−0.5 MNOK0.0 MNOK
Net profit−0.9 MNOK−0.5 MNOK0.0 MNOK
Financial expenses0.2 MNOK0.2 MNOK0.2 MNOK
Total assets2.8 MNOK2.6 MNOK2.5 MNOK
Current assets0.3 MNOK0.2 MNOK0.2 MNOK
Equity−1.6 MNOK−2.1 MNOK−2.1 MNOK
Retained earnings−1.6 MNOK−2.1 MNOK−2.1 MNOK
Total liabilities4.4 MNOK4.7 MNOK4.6 MNOK
Current liabilities1.9 MNOK2.2 MNOK1.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6794930.