MODERNE KJØLING AS
Score · fiscal year 2025
62of 100
How to read this: the company is ahead of 75 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 10,212 of 38,670 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 50 and solidity 84 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
MODERNE KJØLING AS is 13 points above the median for medium-sized companies in the same sector in 2025.
Median score 49 among 2,198 companies.
Against medium-sized companies in the same sector in 2025: operating margin 4.7% (median 3.2%) and equity ratio 65.1% (median 32.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 223 MNOK | 173 MNOK |
| Operating margin | 4.7% | 3.2% |
| Profit margin | 5.7% | 3.2% |
| Return on assets | 8.0% | 11.6% |
| Equity ratio | 65.1% | 32.6% |
| Debt-to-equity | 0.54 | 2.03 |
| Current ratio | 2.50 | 1.38 |
| Revenue growth | 1.6% | 6.8% |
| Revenue per employee | 5.31 MNOK | 6.45 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 62, MODERNE KJØLING AS does better than 75% of medium-sized companies in the same sector (2,203 companies) in 2025.
Score 2023–2025
- MODERNE KJØLING AS
- Median: medium-sized companies in the same sector
MODERNE KJØLING AS has a score of 62 for 2025, rank 10,212 of 38,670 in the sector.
Strongest: Solidity: percentile 84 against peers, equity ratio 65.1% against a median of 32.6%. Liquidity: percentile 84 against peers, current ratio 2.50 against a median of 1.38.
Weakest: Growth: percentile 31 against peers, revenue growth 1.6% against a median of 6.8%.
Worth a closer look
- What lies behind weak growth, and will it last?
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
MODERNE KJØLING AS had an operating margin of 4.7% and an equity ratio of 65.1% in 2025, and ranks 10,212 of 38,670 in Handel.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 103 MNOK and 105 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 103 MNOK |
| EV/EBIT | 8.0 | 103 MNOK |
| P/B | 1.0 | 105 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 0.2% 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 | 84 | weight 25% |
| Liquidity | 84 | weight 15% |
| Growth | 31 | weight 15% |
| Consistency | 55 | weight 15% |
Durability: 71 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is MODERNE KJØLING AS?
The operating margin was 4.7% in 2025, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 8.0%.
How solid is MODERNE KJØLING AS?
The equity ratio was 65.1% in 2025 (median 32.6%). Debt-to-equity was 0.54 (median 2.03).
What is the liquidity of MODERNE KJØLING AS like?
The current ratio was 2.50 in 2025 (median 1.38).
How does MODERNE KJØLING AS compare in Handel?
MODERNE KJØLING AS ranks 10,212 of 38,670 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 558 of 2,203. Revenue changed by 1.6% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 914335299
- Legal form
- AS · part of a group
- Sector
- Handel (46.640)
- Size tier
- medium
- Employees
- 42 registered 10 October 2026
- Founded
- 2 January 1961 65 years in operation
- Share capital
- 23.00 MNOK
- Business address
- Brobekkveien 90, 0582 OSLO
- Municipality
- Oslo rank 63–221 of 357 in Norway
- Latest accounts filed
- 2025
- Website
- www.renkulde.no
- LEI
- 549300LE1ST75B7SV739 renews 21 September 2027
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
- John Christian Akre Aarnes
- Chair of the board
- John Harald Akre-Aas
- Board member
- Kristofer Akre Aarnes
- Board member
- John Christian Akre Aarnes
- Board member
- Ragnhild Unni Akre-Aas
- Board member
- Morten Akre Aarnes
- Board member
- Anders Akre Aarnes
- Board member
- Marie Bartolf Akre-Aas
- Board member
- Cathrine Bartolf Akre-Aas
- Auditor
- BDO 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 | 81 | 70 | 62 | |
| Rank | 2,110 | 5,192 | 10,212 | |
| Operating margin | 10.8% | 6.0% | 4.7% | |
| Return on assets | 15.2% | 10.2% | 8.0% | |
| Equity ratio | 64.7% | 65.2% | 65.1% | |
| Current ratio | 2.37 | 2.55 | 2.50 | |
| Revenue growth | – | 5.6% | 1.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 208.0 MNOK | 219.7 MNOK | 223.1 MNOK |
| Operating profit | 22.5 MNOK | 13.3 MNOK | 10.4 MNOK |
| Profit before tax | 23.2 MNOK | 16.1 MNOK | 12.8 MNOK |
| Net profit | 18.1 MNOK | 13.5 MNOK | 10.3 MNOK |
| Financial expenses | 0.5 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 155.9 MNOK | 159.2 MNOK | 161.0 MNOK |
| Current assets | 123.2 MNOK | 126.3 MNOK | 126.7 MNOK |
| Equity | 100.9 MNOK | 103.8 MNOK | 104.9 MNOK |
| Retained earnings | 77.9 MNOK | 79.8 MNOK | 80.9 MNOK |
| Total liabilities | 55.0 MNOK | 55.4 MNOK | 56.2 MNOK |
| Current liabilities | 52.0 MNOK | 49.6 MNOK | 50.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6774004.
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