Holtskog AS

Org. no. 914760011 · Bærum · Founded 2014

Score · fiscal year 2025

52of 100

How to read this: the company is ahead of 53 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 250 of 536 · What are Morning company classes?
Place in the whole sector: 403 of 885 · Undervisning

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 12 and solidity 99 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Holtskog AS is 3 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 49 among 536 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin −13.8% (median 3.2%) and equity ratio 97.7% (median 31.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin −13.8% 3.2% 8 %
Profit margin −9.6% 2.8% shown, not part of the index
Return on assets −14.3% 8.5% 16 %
Equity ratio 97.7% 31.6% 99 %
Debt-to-equity 0.02 1.43 99 %
Current ratio 157.45 1.43 100 %
Revenue growth −40.2% 4.5% 2 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 52, Holtskog AS does better than 53% of companies in the Morning class Micro in the same sector (536 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Holtskog AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

Holtskog AS has a score of 52 for 2025, rank 403 of 885 in the sector.

Strongest: Liquidity: percentile 100 against peers, current ratio 157.45 against a median of 1.43. Solidity: percentile 99 against peers, equity ratio 97.7% against a median of 31.6%.

Weakest: Growth: percentile 2 against peers, revenue growth −40.2% against a median of 4.5%. Profitability: percentile 12 against peers, operating margin −13.8% against a median of 3.2%.

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

Holtskog AS had an operating margin of −13.8% and an equity ratio of 97.7% in 2025, and ranks 403 of 885 in Undervisning.

From 2024 to 2025: revenue fell by 40% and the operating margin fell from −5.8% to −13.8%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.2 MNOK 8.0 not meaningful
P/B Equity: 1.2 MNOK 1.0 1 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 · 2025

Worth a closer look

  • watch

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

    Based on: Profit margin −9.6% (median 2.8%).

  • 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 −13.8% (median 3.2%).

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

Financial costs were −193.4% 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.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

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 −5.7%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability12 weight 30%
Solidity99 weight 25%
Liquidity100 weight 15%
Growth2 weight 15%
Consistency53 weight 15%

Durability: 62 (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 Holtskog AS?

The operating margin was −13.8% in 2025, against a median of 3.2% among companies in the Morning class Micro in the same sector. Return on assets was −14.3%. The company made a loss before tax.

How solid is Holtskog AS?

The equity ratio was 97.7% in 2025 (median 31.6%). Debt-to-equity was 0.02 (median 1.43).

What is the liquidity of Holtskog AS like?

The current ratio was 157.45 in 2025 (median 1.43).

How does Holtskog AS compare in Undervisning?

Holtskog AS ranks 403 of 885 in Undervisning for 2025. Among companies in the Morning class Micro it is number 250 of 536. Revenue changed by −40.2% from the year before.

From the Central Coordinating Register

Org. no.
914760011
Legal form
AS
Sector
Undervisning (85.597)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
21 November 2014 11 years in operation
Share capital
0.03 MNOK
Business address
Professor Kohts vei 101, 1368 STABEKK (BÆRUM)
Municipality
Bærum rank 1 of 11 in KOSTRA group 12
Audit
Audit opted out from 7 January 2015
Latest accounts filed
2025
Website
www.holtskog.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

Loading roles …

Source: Central Coordinating Register, fetched 2 November 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.

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Figures last fetched 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index745952
Rank143295403
Operating margin−2.5%−5.8%−13.8%
Return on assets−0.6%−0.5%−14.3%
Equity ratio97.5%97.9%97.7%
Current ratio207.72168.16157.45
Revenue growth–−2.1%−40.2%

Accounts

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

Key figure202320242025
Operating revenue2.3 MNOK2.2 MNOK1.3 MNOK
Operating profit−0.1 MNOK−0.1 MNOK−0.2 MNOK
Profit before tax0.0 MNOK0.0 MNOK−0.1 MNOK
Net profit0.0 MNOK0.0 MNOK−0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK−0.1 MNOK
Total assets1.3 MNOK1.4 MNOK1.3 MNOK
Current assets1.3 MNOK1.3 MNOK1.2 MNOK
Equity1.3 MNOK1.3 MNOK1.2 MNOK
Retained earnings1.3 MNOK1.3 MNOK1.2 MNOK
Total liabilities0.0 MNOK0.0 MNOK0.0 MNOK
Current liabilities0.0 MNOK0.0 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6582285.