Quantafuel AS

Org. no. 915119484 · Oslo · Founded 2014 · 8 employees

Score · fiscal year 2025

20of 100

How to read this: the company is ahead of 7 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 450 of 486 · What are Morning company classes?
Place in the whole sector: 2,410 of 2,595 · Teknisk tjenesteyting og forskning

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 1 and solidity 57 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Quantafuel AS is 31 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 486 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin −3,879.4% (median 4.8%) and equity ratio 38.8% (median 31.2%).

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 revenue16 MNOK20 MNOK
Operating margin −3,879.4% 4.8% 0 %
Profit margin −3,671.4% 4.7% shown, not part of the index
Return on assets −67.0% 13.3% 2 %
Equity ratio 38.8% 31.2% 59 %
Debt-to-equity 1.58 1.81 55 %
Current ratio 0.06 1.41 0 %
Revenue growth −7.3% 9.2% 21 %
Revenue per employee1.99 MNOK1.83 MNOK

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

With an index of 20, Quantafuel AS does better than 7% of companies in the Morning class Small in the same sector (486 companies) in 2025.

Over time

Score 2024–2026

CompanyMedian0255075100202420252026
  • Quantafuel AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Quantafuel AS has a score of 20 for 2025, rank 2,410 of 2,595 in the sector.

Strongest: Solidity: percentile 57 against peers, equity ratio 38.8% against a median of 31.2%.

Weakest: Liquidity: percentile 0 against peers, current ratio 0.06 against a median of 1.41. Profitability: percentile 1 against peers, operating margin −3,879.4% against a median of 4.8%.

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

Quantafuel AS had an operating margin of −3,879.4% and an equity ratio of 38.8% in 2025, and ranks 2,410 of 2,595 in Teknisk tjenesteyting og forskning.

From 2024 to 2025: the operating margin fell from −1,206.9% to −3,879.4% and the equity ratio fell from 83.7% to 38.8%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 317 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −584.6 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −617.7 MNOK 8.0 not meaningful
P/B Equity: 317.2 MNOK 1.0 317 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

  • critical

    Consider strengthening liquidity: current liabilities are 15.6 times current assets.

    Based on: Current ratio 0.06 (median 1.41).

  • watch

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

    Based on: Profit margin −3,671.4% (median 4.7%).

  • 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 −3,879.4% (median 4.8%).

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

Financial costs were 7.3% 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

  • watch Extreme margin: check 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 −0.2%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability1 weight 30%
Solidity57 weight 25%
Liquidity0 weight 15%
Growth21 weight 15%
Consistency12 weight 15%

Durability: 25 (average over 2 years)

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

2025

Questions and answers

How profitable is Quantafuel AS?

The operating margin was −3,879.4% in 2025, against a median of 4.8% among companies in the Morning class Small in the same sector. Return on assets was −67.0%. The company made a loss before tax.

How solid is Quantafuel AS?

The equity ratio was 38.8% in 2025 (median 31.2%). Debt-to-equity was 1.58 (median 1.81).

What is the liquidity of Quantafuel AS like?

The current ratio was 0.06 in 2025 (median 1.41). Current assets did not cover current liabilities.

How does Quantafuel AS compare in Teknisk tjenesteyting og forskning?

Quantafuel AS ranks 2,410 of 2,595 in Teknisk tjenesteyting og forskning for 2025. Among companies in the Morning class Small it is number 450 of 486. Revenue changed by −7.3% from the year before.

Group accounts · 2024

27 of 100

Rank 13 of 14 groups in the Morning class Medium in Teknisk tjenesteyting og forskning. Groups are ranked only against other groups in the same sector and class, never against single companies.

Operating revenue, group
97 MNOK
Operating profit, group
−906 MNOK
Profit before tax, group
−900 MNOK
Total assets, group
1,077 MNOK
Equity, group
725 MNOK
Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2025)
Operating margin−930.6% –
Return on assets−79.9% –
Equity ratio67.4% –
Current ratio0.36 –
Revenue growth– –

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2024 (open data, NLOD 2.0).

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
915119484
Legal form
AS
Sector
Teknisk tjenesteyting og forskning (72.100)
Morning company class
Small
Employees
8 registered 10 October 2026
Founded
15 December 2014 11 years in operation
Share capital
3.03 MNOK
Business address
c/o Azets Insight AS, Drammensveien 151, 0277 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2026
LEI
549300V6BLI7Z2UYNG15 not renewed (lapsed)

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 1 November 2026. Only names are shown.

Parent company
Parent does not consolidate the company

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.

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 31 October 2026.

Details

Year by year · 2024–2026

Key figure202420252026Trend
Index31208
Rank2,0872,4107
Operating margin−1,206.9%−3,879.4%−3,055.3%
Return on assets−11.8%−67.0%−84.6%
Equity ratio83.7%38.8%−33.2%
Current ratio0.240.060.01
Revenue growth–−7.3%5.2%

Accounts

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

Key figure202420252026
Operating revenue17.2 MNOK15.9 MNOK16.8 MNOK
Operating profit−207.2 MNOK−617.7 MNOK−511.8 MNOK
Profit before tax−777.4 MNOK−584.6 MNOK−493.3 MNOK
Net profit−777.4 MNOK−584.6 MNOK−493.3 MNOK
Financial expenses650.3 MNOK36.4 MNOK46.4 MNOK
Total assets1,077.3 MNOK818.1 MNOK528.0 MNOK
Current assets40.8 MNOK32.0 MNOK7.1 MNOK
Equity902.1 MNOK317.2 MNOK−175.4 MNOK
Retained earnings−1,975.4 MNOK41.7 MNOK−178.5 MNOK
Total liabilities175.3 MNOK500.9 MNOK703.4 MNOK
Current liabilities167.3 MNOK497.6 MNOK703.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 6327917.