K T NORNES AS
Score · fiscal year 2025
49of 100
How to read this: the company is ahead of 48 % of small companies in the same sector in 2025. What does this mean?
Rank: 9,912 of 18,837 · Bygg og anlegg
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 94 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
K T NORNES AS is 1 points below the median for small companies in the same sector in 2025.
Median score 50 among 18,332 companies.
Against small companies in the same sector in 2025: operating margin −467.8% (median 3.3%) and equity ratio 96.8% (median 32.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 3 MNOK |
| Operating margin | −467.8% | 3.3% |
| Profit margin | −323.9% | 2.8% |
| Return on assets | −8.7% | 5.4% |
| Equity ratio | 96.8% | 32.4% |
| Debt-to-equity | 0.03 | 1.30 |
| Current ratio | 14.67 | 1.36 |
| Revenue growth | −56.0% | 3.0% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 49, K T NORNES AS does better than 48% of small companies in the same sector (18,474 companies) in 2025.
Score 2023–2025
- K T NORNES AS
- Median: small companies in the same sector
What the numbers say
K T NORNES AS had an operating margin of −467.8% and an equity ratio of 96.8% in 2025, and ranks 9,912 of 18,837 in Bygg og anlegg.
From 2024 to 2025: the operating margin fell from −114.8% to −467.8% and revenue fell by 56%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 3 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 3 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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −323.9% (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 −467.8% (median 3.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Extreme margin: check the figures
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 2.2%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 12 | weight 30% |
|---|---|---|
| Solidity | 94 | weight 25% |
| Liquidity | 94 | weight 15% |
| Growth | 8 | weight 15% |
| Consistency | 43 | weight 15% |
Durability: 61 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is K T NORNES AS?
The operating margin was −467.8% in 2025, against a median of 3.3% among small companies in the same sector. Return on assets was −8.7%. The company made a loss before tax.
How solid is K T NORNES AS?
The equity ratio was 96.8% in 2025 (median 32.4%). Debt-to-equity was 0.03 (median 1.30).
What is the liquidity of K T NORNES AS like?
The current ratio was 14.67 in 2025 (median 1.36).
How does K T NORNES AS compare in Bygg og anlegg?
K T NORNES AS ranks 9,912 of 18,837 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 9,648 of 18,474. Revenue changed by −56.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 915136338
- Legal form
- AS
- Sector
- Bygg og anlegg (43.910)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 23 December 2014 11 years in operation
- Share capital
- 0.05 MNOK
- Business address
- Stedjebakken 21, 6856 SOGNDAL
- Municipality
- Sogndal rank 2 of 13 in KOSTRA group 8
- Audit
- Audit opted out from 7 April 2015
- 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
- Kjell Tore Nornes
- Chair of the board
- Kjell Tore Nornes
- Accountant
- ØKONOMISERVICE 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 79 | 56 | 49 | |
| Rank | 1,611 | 7,506 | 9,912 | |
| Operating margin | −139.5% | −114.8% | −467.8% | |
| Return on assets | 51.9% | −4.0% | −8.7% | |
| Equity ratio | 99.0% | 97.7% | 96.8% | |
| Current ratio | 41.47 | 18.80 | 14.67 | |
| Revenue growth | – | −13.1% | −56.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.2 MNOK | 0.2 MNOK | 0.1 MNOK |
| Operating profit | −0.3 MNOK | −0.2 MNOK | −0.3 MNOK |
| Profit before tax | 1.5 MNOK | −0.1 MNOK | −0.2 MNOK |
| Net profit | 1.5 MNOK | −0.1 MNOK | −0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 2.9 MNOK | 2.8 MNOK | 2.6 MNOK |
| Current assets | 1.2 MNOK | 1.2 MNOK | 1.2 MNOK |
| Equity | 2.9 MNOK | 2.8 MNOK | 2.5 MNOK |
| Retained earnings | 2.8 MNOK | 2.7 MNOK | 2.5 MNOK |
| Total liabilities | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Current liabilities | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6380547.
Further
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