JAPPEN MAT AS

Org. no. 915242790 · SKIEN · Founded 2015 · 20 employees

Score · fiscal year 2024

29of 100

How to read this: the company is ahead of 21 % of small companies in the same sector in 2024. What does this mean?

Rank: 22,974 of 28,783 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 33 and solidity 17 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

JAPPEN MAT AS is 21 points below the median for small companies in the same sector in 2024.

Median score 50 among 26,966 companies.

Against small companies in the same sector in 2024: operating margin −0.5% (median 2.1%) and equity ratio 6.3% (median 35.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue59 MNOK3 MNOK
Operating margin −0.5% 2.1% 36 %
Profit margin −0.4% 1.8% shown, not part of the index
Return on assets −3.1% 2.9% 31 %
Equity ratio 6.3% 35.5% 26 %
Debt-to-equity 14.86 1.03 7 %
Current ratio 1.03 1.62 28 %
Revenue growth 0.2% 2.6% 45 %
Revenue per employee2.96 MNOK1.54 MNOK

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

With an index of 29, JAPPEN MAT AS does better than 21% of small companies in the same sector (27,072 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • JAPPEN MAT AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

JAPPEN MAT AS had an operating margin of −0.5% and an equity ratio of 6.3% in 2024, and ranks 22,974 of 28,783 in Handel.

No large changes in the key figures from 2023 to 2024.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.2 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.3 MNOK 8.0 not meaningful
P/B Equity: 0.5 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 · 2024

Worth a closer look

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 6.3% (median 35.5%).

  • watch

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

    Based on: Profit margin −0.4% (median 1.8%).

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

Data quality

No anomalies found in the figures.

Stress test · 2017

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 −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability33 weight 30%
Solidity17 weight 25%
Liquidity28 weight 15%
Growth45 weight 15%
Consistency29 weight 15%

Durability: 29 (average over 2 years)

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

2024

Questions and answers

How profitable is JAPPEN MAT AS?

The operating margin was −0.5% in 2024, against a median of 2.1% among small companies in the same sector. Return on assets was −3.1%. The company made a loss before tax.

How solid is JAPPEN MAT AS?

The equity ratio was 6.3% in 2024 (median 35.5%). Debt-to-equity was 14.86 (median 1.03).

What is the liquidity of JAPPEN MAT AS like?

The current ratio was 1.03 in 2024 (median 1.62).

How does JAPPEN MAT AS compare in Handel?

JAPPEN MAT AS ranks 22,974 of 28,783 in Handel for 2024. Among companies of the same size (small companies) it ranks 21,378 of 27,072. Revenue changed by 0.2% from the year before.

From the Central Coordinating Register

Org. no.
915242790
Legal form
AS
Sector
Handel (47.110)
Size tier
small
Employees
20 registered 10 October 2026
Founded
24 March 2015 11 years in operation
Share capital
0.50 MNOK
Business address
Porsgrunnsvegen 5, 3730 SKIEN
Municipality
Skien rank 8 of 10 in KOSTRA group 11
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
Jan Petter Steinsholt
Chair of the board
Jan Petter Steinsholt
Auditor
PRICEWATERHOUSECOOPERS AS
Accountant
REMA 1000 NORGE 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index282931
Rank20,91422,97423,799
Operating margin−0.9%−0.5%−0.5%
Return on assets−6.4%−3.1%−3.0%
Equity ratio10.0%6.3%3.2%
Current ratio1.101.031.00
Revenue growth–0.2%2.1%

Accounts

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

Key figure202320242025
Operating revenue59.1 MNOK59.2 MNOK60.4 MNOK
Operating profit−0.5 MNOK−0.3 MNOK−0.3 MNOK
Profit before tax−0.5 MNOK−0.2 MNOK−0.2 MNOK
Net profit−0.5 MNOK−0.2 MNOK−0.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK–
Total assets7.5 MNOK8.0 MNOK8.2 MNOK
Current assets7.4 MNOK7.7 MNOK7.9 MNOK
Equity0.7 MNOK0.5 MNOK0.3 MNOK
Retained earnings0.2 MNOK0.0 MNOK−0.2 MNOK
Total liabilities6.7 MNOK7.5 MNOK7.9 MNOK
Current liabilities6.7 MNOK7.5 MNOK7.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5592559.