Ren Røros AS
Score · fiscal year 2024
53of 100
How to read this: the company is ahead of 55 % of companies in the Morning class Small in the same sector in 2024. What does this mean?
Rank in the Morning class Small: 70 of 156 · What are Morning company classes?
Place in the whole sector: 377 of 837 · Kraft og energi
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 51 and solidity 47 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology
Against the sector
Ren Røros AS is 2 points above the median for companies in the Morning class Small in the same sector in 2024.
Median score 51 among 156 companies.
Against companies in the Morning class Small in the same sector in 2024: operating margin −97.4% (median 10.3%) and equity ratio 37.0% (median 40.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 20 MNOK | 21 MNOK |
| Operating margin | −97.4% | 10.3% |
| Profit margin | 522.6% | 14.5% |
| Return on assets | 27.2% | 4.8% |
| Equity ratio | 37.0% | 40.5% |
| Debt-to-equity | 1.70 | 1.38 |
| Current ratio | 1.59 | 1.33 |
| Revenue growth | −0.4% | −5.1% |
| Revenue per employee | 2.19 MNOK | 2.59 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 53, Ren Røros AS does better than 55% of companies in the Morning class Small in the same sector (156 companies) in 2024.
Score 2023–2025
- Ren Røros AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
Ren Røros AS had an operating margin of −97.4% and an equity ratio of 37.0% in 2024, and ranks 377 of 837 in Kraft og energi.
From 2023 to 2024: the operating margin fell from −64.4% to −97.4% and went from a loss to a profit before tax.
Ren Røros AS did weaker than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 179 MNOK and 1,026 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,026 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 179 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 operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −97.4% (median 10.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 9.4% 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
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was −37.1% in 2025 (sector median 16.1%), and the equity ratio 34.9%. The company had a loss before tax that year. In the other years the operating margin averaged −80.9%.
The sector's weakest year was 2025, with a median operating margin of 16.1%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 51 | weight 30% |
|---|---|---|
| Solidity | 47 | weight 25% |
| Liquidity | 57 | weight 15% |
| Growth | 57 | weight 15% |
| Consistency | 60 | weight 15% |
Durability: 41 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Ren Røros AS?
The operating margin was −97.4% in 2024, against a median of 10.3% among companies in the Morning class Small in the same sector. Return on assets was 27.2%.
How solid is Ren Røros AS?
The equity ratio was 37.0% in 2024 (median 40.5%). Debt-to-equity was 1.70 (median 1.38).
What is the liquidity of Ren Røros AS like?
The current ratio was 1.59 in 2024 (median 1.33).
How does Ren Røros AS compare in Kraft og energi?
Ren Røros AS ranks 377 of 837 in Kraft og energi for 2024. Among companies in the Morning class Small it is number 70 of 156. Revenue changed by −0.4% from the year before.
Group accounts · 2025
60 of 100
Rank 11 of 56 groups in the Morning class Medium in Kraft og energi. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 229 MNOK
- Operating profit, group
- 46 MNOK
- Profit before tax, group
- 42 MNOK
- Total assets, group
- 481 MNOK
- Equity, group
- 261 MNOK
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | 20.2% | – |
| Return on assets | 13.8% | – |
| Equity ratio | 54.2% | – |
| Current ratio | 2.10 | – |
| Revenue growth | −29.0% | – |
Group index in earlier years: 2023: 62 (11 of 64), 2024: 84 (1 of 63).
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 2025 (open data, NLOD 2.0).
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 915591302
- Legal form
- AS · part of a group
- Sector
- Kraft og energi (35.140)
- Morning company class
- Small
- Employees
- 9 registered 10 July 2026
- Founded
- 15 July 1976 50 years in operation
- Share capital
- 3.23 MNOK
- Business address
- Osloveien 16B, 7374 RØROS
- Municipality
- Røros rank 3–9 of 18 in KOSTRA group 2
- Latest accounts filed
- 2025
- LEI
- 5493003HWSH0DIAPOQ24 renews 26 April 2027
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
- Hilmar Cato Fredriksen
- Chair of the board
- Lars Stenvold Wik
- Board member
- Thor Lien
- Board member
- Guri Heggem
- Board member
- Vegard Aune
- Board member
- Aina Midthjell Reppe
- Board member
- Bente Kristin Malmo
- Board member
- Steffen Moan
- Board member
- Terje Roar Brænd
- Deputy member
- Ottar Tollan
- Deputy member
- Magnus Guldal
- Deputy member
- Idun Schjerven Østgård
- Auditor
- KPMG AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 29 | 53 | 46 | |
| Rank | 696 | 377 | 515 | |
| Operating margin | −64.4% | −97.4% | −37.1% | |
| Return on assets | 6.4% | 27.2% | 4.2% | |
| Equity ratio | 19.2% | 37.0% | 34.9% | |
| Current ratio | 1.12 | 1.59 | 1.56 | |
| Revenue growth | – | −0.4% | 23.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 19.8 MNOK | 19.7 MNOK | 24.3 MNOK |
| Operating profit | −12.8 MNOK | −19.2 MNOK | −9.0 MNOK |
| Profit before tax | −1.1 MNOK | 103.1 MNOK | −3.1 MNOK |
| Net profit | −1.4 MNOK | 102.6 MNOK | −3.5 MNOK |
| Financial expenses | 33.1 MNOK | 28.7 MNOK | 20.6 MNOK |
| Total assets | 503.3 MNOK | 483.6 MNOK | 419.5 MNOK |
| Current assets | 206.5 MNOK | 236.8 MNOK | 192.2 MNOK |
| Equity | 96.8 MNOK | 178.9 MNOK | 146.3 MNOK |
| Retained earnings | 52.1 MNOK | – | 101.6 MNOK |
| Total liabilities | 406.5 MNOK | 304.6 MNOK | 273.3 MNOK |
| Current liabilities | 184.0 MNOK | 149.0 MNOK | 123.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6290177.
Further
Similar companies
- Hån 22 KV AS index 53, rank 363 · compare
- HARTREE PARTNERS (NORWAY) AS index 53, rank 364 · compare
- Nordic Power AS index 53, rank 367 · compare
- Kraftia Tjenester AS index 53, rank 369 · compare
- Heilhornkraft AS index 53, rank 378 · compare