KORNRUD HOLDING AS

Org. no. 914228697 · KRAGERØ · Founded 2014

Score · fiscal year 2024

55of 100

How to read this: the company is ahead of 60 % of small companies in the same sector in 2024. What does this mean?

Rank: 9,717 of 24,304 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 91 and solidity 37 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

KORNRUD HOLDING AS is 5 points above the median for small companies in the same sector in 2024.

Median score 50 among 23,528 companies.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue0 MNOK2 MNOK
Operating margin – 3.8% not compared
Profit margin – 3.3% shown, not part of the index
Return on assets 43.2% 5.6% 91 %
Equity ratio 27.4% 34.4% 43 %
Debt-to-equity 2.65 1.27 30 %
Current ratio 1.11 1.40 37 %
Revenue growth – 3.0% not compared

The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 55, KORNRUD HOLDING AS does better than 60% of small companies in the same sector (23,593 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • KORNRUD HOLDING AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

KORNRUD HOLDING AS had an operating margin of – and an equity ratio of 27.4% in 2024, and ranks 9,717 of 24,304 in Bygg og anlegg.

From 2023 to 2024: the equity ratio fell from 97.1% to 27.4% and went from a loss to a profit before tax.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 0 MNOK and 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: 0.0 MNOK 8.0 not meaningful
P/B Equity: 0.2 MNOK 1.0 0 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

Indications · 2024

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.

Data quality

No anomalies found in the figures.

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 2.1%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability91 weight 30%
Solidity37 weight 25%
Liquidity37 weight 15%
Growth– no data, left out
Consistency33 weight 15%

Durability: 53 (average over 2 years)

Index version 2. Data completeness 85%: the share of the weights that had data.

2024

Questions and answers

How profitable is KORNRUD HOLDING AS?

The operating margin was – in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 43.2%.

How solid is KORNRUD HOLDING AS?

The equity ratio was 27.4% in 2024 (median 34.4%). Debt-to-equity was 2.65 (median 1.27).

What is the liquidity of KORNRUD HOLDING AS like?

The current ratio was 1.11 in 2024 (median 1.40).

How does KORNRUD HOLDING AS compare in Bygg og anlegg?

KORNRUD HOLDING AS ranks 9,717 of 24,304 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 9,415 of 23,593.

From the Central Coordinating Register

Org. no.
914228697
Legal form
AS
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
0–4 (not registered)
Founded
10 July 2014 12 years in operation
Share capital
0.03 MNOK
Business address
c/o Thomas Kornrud, Barmsøyveien 13, 3790 HELLE (KRAGERØ)
Municipality
Kragerø rank 14–38 of 38 in KOSTRA group 7
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
Thomas Bråten-Kornrud
Chair of the board
Thomas Bråten-Kornrud
Auditor
BERGE & LUNDAL REVISJONSSELSKAP AS
Accountant
ECIT FORRETNINGSPARTNER AS

Source: Central Coordinating Register, fetched 25 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
Index525589
Rank10,6209,717198
Operating margin–––
Return on assets−10.0%43.2%84.0%
Equity ratio97.1%27.4%94.5%
Current ratio0.031.11–
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue0.0 MNOK0.0 MNOK0.0 MNOK
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.0 MNOK0.3 MNOK1.4 MNOK
Net profit0.0 MNOK0.3 MNOK1.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.2 MNOK0.6 MNOK1.7 MNOK
Current assets0.0 MNOK0.4 MNOK1.5 MNOK
Equity0.2 MNOK0.2 MNOK1.6 MNOK
Retained earnings0.2 MNOK0.1 MNOK1.5 MNOK
Total liabilities0.0 MNOK0.5 MNOK0.1 MNOK
Current liabilities0.0 MNOK0.3 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5838069.