Sapi Consulting AS

Org. no. 914505232 · Sandnes · Founded 2014

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

Score · fiscal year 2024

14of 100

How to read this: the company is ahead of 4 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 3,185 of 3,308 · What are Morning company classes?
Place in the whole sector: 5,272 of 5,456 · Teknisk tjenesteyting og forskning

Profile

Beaver · Builder

Lower profitability, lower resilience

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 11 and resilience 6 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Sapi Consulting AS is 36 points below the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 3,307 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin −10.9% (median 5.7%) and equity ratio −40.0% (median 41.7%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue3 MNOK3 MNOK
Operating margin −10.9% 5.7% 14 %
Profit margin −12.6% 5.5% shown, not part of the index
Return on assets −40.6% 11.5% 7 %
Equity ratio −40.0% 41.7% 6 %
Debt-to-equity – 1.07 not compared
Current ratio 0.68 1.63 11 %
Revenue growth 5.1% 6.2% 48 %

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

With an index of 14, Sapi Consulting AS does better than 4% of companies in the Morning class Micro in the same sector (3,308 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Sapi Consulting AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

Sapi Consulting AS had an operating margin of −10.9% and an equity ratio of −40.0% in 2024, and ranks 5,272 of 5,456 in Teknisk tjenesteyting og forskning.

From 2023 to 2024: the operating margin fell from 10.7% to −10.9% and went from a profit to a loss before tax.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2024): −0.1 MNOK 14.9 – not meaningful
EV/EBIT Operating profit (mean 2023–2024): 0.0 MNOK 14.3 – not meaningful
P/B Equity: −0.3 MNOK 2.3 – not meaningful

The multiples are from the listed industry that matches the NACE code (71.1): Engineering/Construction.

Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Indications · 2024

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 −40.0% (median 41.7%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.5 times current assets.

    Based on: Current ratio 0.68 (median 1.63).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −12.6% (median 5.5%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −10.9% (median 5.7%).

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

Financial costs were 4.4% 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.

See interest rates, prices and exchange rates for the sector

Data quality

  • critical Negative equity
Stress test · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of −0.2%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability11 weight 40%
Solidity0 weight 20%
Liquidity11 weight 5%
Growth29 weight 25%
Consistency16 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Durability: 27 (average over 2 years)

Index version 3. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Sapi Consulting AS?

The operating margin was −10.9% in 2024, against a median of 5.7% among companies in the Morning class Micro in the same sector. Return on assets was −40.6%. The company made a loss before tax.

How solid is Sapi Consulting AS?

The equity ratio was −40.0% in 2024 (median 41.7%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Sapi Consulting AS like?

The current ratio was 0.68 in 2024 (median 1.63). Current assets did not cover current liabilities.

How does Sapi Consulting AS compare in Teknisk tjenesteyting og forskning?

Sapi Consulting AS ranks 5,272 of 5,456 in Teknisk tjenesteyting og forskning for 2024. Among companies in the Morning class Micro it is number 3,185 of 3,308. Revenue changed by 5.1% from the year before.

From the Central Coordinating Register

Org. no.
914505232
Legal form
AS
Sector
Teknisk tjenesteyting og forskning (71.129)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
12 November 2014 11 years in operation
Share capital
0.03 MNOK
Business address
Rinda 4, 4321 SANDNES
Municipality
Sandnes rank 4 of 11 in KOSTRA group 12
Audit
Audit opted out from 21 November 2014
Latest accounts filed
2025
The company's business municipality, Sandnes. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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

Loading roles …

Source: Central Coordinating Register, fetched 2 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%
Group chain
Ultimate owner: private person

The company is new in the shareholder register in 2025.

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

Error in the data?

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Figures last fetched 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index401445
Rank3,4945,2723,404
Operating margin10.7%−10.9%8.2%
Return on assets21.0%−40.6%–
Equity ratio2.9%−40.0%−8.9%
Current ratio1.150.681.10
Revenue growth–5.1%12.4%

Accounts

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

Key figure202320242025
Operating revenue2.4 MNOK2.6 MNOK2.9 MNOK
Operating profit0.3 MNOK−0.3 MNOK0.2 MNOK
Profit before tax0.2 MNOK−0.3 MNOK–
Tax expense0.0 MNOK0.0 MNOK–
Net profit0.2 MNOK−0.3 MNOK0.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK–
Total assets1.3 MNOK0.7 MNOK0.9 MNOK
Current assets0.8 MNOK0.3 MNOK0.6 MNOK
Equity0.0 MNOK−0.3 MNOK−0.1 MNOK
Retained earnings0.0 MNOK−0.3 MNOK−0.1 MNOK
Total liabilities1.3 MNOK1.0 MNOK1.0 MNOK
Current liabilities0.7 MNOK0.5 MNOK0.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 5462623.