Multitech Holding AS
Score · fiscal year 2025
Not enough data: Holding company (ranked in the list «Holding and investment companies»)
Based on the annual accounts for 2025
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 4.5% |
| Profit margin | – | 4.2% |
| Return on assets | −2.9% | 9.3% |
| Equity ratio | 95.5% | 39.5% |
| Debt-to-equity | 0.05 | 1.40 |
| Current ratio | 19.02 | 1.59 |
| Revenue growth | – | 6.0% |
The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
The industry or the company: what drove the result?
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Multitech Holding AS. The figures stand side by side; we claim no cause.
Producer prices in manufacturing (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Producer prices in manufacturing, annual average | 100.0 | 124.7 | 129.5 | 134.4 | 138.3 | 146.0 (so far) |
| Change from the year before | +10.7% | +24.7% | +3.9% | +3.7% | +2.9% | +5.6% |
| The company's operating margin | – | – | – | −57.9% | – | – |
Source: SSB (12462, CC BY 4.0). Source
EUR/NOK (kr)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| EUR/NOK, annual average | 10.16 | 10.10 | 11.42 | 11.62 | 11.72 | 11.04 (so far) |
| Change from the year before | −5.2% | −0.6% | +13.1% | +1.8% | +0.8% | −5.8% |
| The company's operating margin | – | – | – | −57.9% | – | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Wholesale power price (øre per kWh)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wholesale power price, annual average | 64.2 | 141.7 | 72.0 | 49.4 | 54.0 | 96.5 (so far) |
| Change from the year before | +466.7% | +120.8% | −49.2% | −31.4% | +9.4% | +78.4% |
| The company's operating margin | – | – | – | −57.9% | – | – |
Source: SSB (09363, CC BY 4.0). Source
USD/NOK (kr)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| USD/NOK, annual average | 8.59 | 9.61 | 10.56 | 10.75 | 10.39 | 9.54 (so far) |
| Change from the year before | −8.8% | +11.9% | +9.9% | +1.7% | −3.3% | −8.2% |
| The company's operating margin | – | – | – | −57.9% | – | – |
Source: Norges Bank (EXR, NLOD 2.0). Source
Wage index: fabricated metal products (indeks)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: fabricated metal products, annual average | 88.0 | 91.5 | 96.9 | 102.1 | 108.0 | 112.8 (so far) |
| Change from the year before | +3.1% | +3.9% | +6.0% | +5.4% | +5.8% | +4.5% |
| The company's operating margin | – | – | – | −57.9% | – | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Multitech Holding AS had an equity ratio of 95.5% in 2025. The company is not ranked: holding company (ranked in the list «holding and investment companies»).
From 2024 to 2025: the equity ratio rose from 42.4% to 95.5% and went from a profit to a loss before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 2 MNOK and 18 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 22.2 | 18 MNOK |
| EV/EBIT | 18.6 | not meaningful |
| P/B | 3.0 | 2 MNOK |
The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. 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 – (median 4.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Revenue not reported
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 0.2%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is Multitech Holding AS?
The operating margin was – in 2025, against a median of 4.5% among companies in the same sector. Return on assets was −2.9%. The company made a loss before tax.
How solid is Multitech Holding AS?
The equity ratio was 95.5% in 2025 (median 39.5%). Debt-to-equity was 0.05 (median 1.40).
What is the liquidity of Multitech Holding AS like?
The current ratio was 19.02 in 2025 (median 1.59).
Group accounts · 2023
16 of 100
Rank 101 of 111 groups in the Morning class Medium in Industri. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 146 MNOK
- Operating profit, group
- −3 MNOK
- Profit before tax, group
- −4 MNOK
- Total assets, group
- 57 MNOK
- Equity, group
- 12 MNOK
| Key figure | The group | The company alone (2025) |
|---|---|---|
| Operating margin | −2.1% | – |
| Return on assets | −5.2% | – |
| Equity ratio | 20.2% | – |
| Current ratio | 1.05 | – |
| 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 2023 (open data, NLOD 2.0).
Group structure · 2025
3 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.
Private persons own 100% of the shares in Multitech Holding AS. Persons are not shown by name.
Group accounts. Multitech Holding AS for 2023: index 16 of 100, number 101 of 111 groups.
The group in figures
- Sectors
- Industri (3 companies) 3 of 3 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
- Employees in Norway
- 90 in all. Øygarden 90 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
- Negative equity
- 1 company: Multitech Surface Treatment AS
- Loss
- 3 companies: Multitech Quality & Service AS, Multitech Surface Treatment AS, Multitech Holding AS
A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.
-
Multitech Holding AS you are here
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.
Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.
From the Central Coordinating Register
- Org. no.
- 915718132
- Legal form
- AS
- Sector
- Industri (25.530)
- Employees
- 0–4 (not registered)
- Founded
- 23 July 2015 11 years in operation
- Share capital
- 0.04 MNOK
- Business address
- Halsvardtjørna 39, 5357 FJELL (ØYGARDEN)
- Municipality
- Øygarden rank 1–6 of 13 in KOSTRA group 10
- Latest accounts filed
- 2025
- LEI
- 254900C6TXKVM249IA67 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 2 November 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
- Ultimate owner: private person
The company is new in the shareholder register in 2025.
Majority owner of: MULTITECH QUALITY & Service AS (53%)
Holds shares in: MULTITECH QUALITY & Service AS (53%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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 31 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | – | −57.9% | – | |
| Return on assets | −1.4% | 64.6% | −2.9% | |
| Equity ratio | 63.4% | 42.4% | 95.5% | |
| Current ratio | 2.67 | 1.71 | 19.02 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | 0.1 MNOK | – |
| Operating profit | −0.1 MNOK | −0.1 MNOK | −0.1 MNOK |
| Profit before tax | −0.1 MNOK | 5.2 MNOK | 0.0 MNOK |
| Tax expense | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | −0.1 MNOK | 5.2 MNOK | 0.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | – |
| Total assets | 8.0 MNOK | 8.1 MNOK | 1.5 MNOK |
| Current assets | 7.8 MNOK | 7.9 MNOK | 1.3 MNOK |
| Equity | 5.0 MNOK | 3.4 MNOK | 1.4 MNOK |
| Retained earnings | 5.0 MNOK | 3.4 MNOK | 1.4 MNOK |
| Total liabilities | 2.9 MNOK | 4.7 MNOK | 0.1 MNOK |
| Current liabilities | 2.9 MNOK | 4.6 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7110151.