ARCTIC ROPE TECH AS

Org. no. 915920438 · MELØY · Founded 2015 · 9 employees

Score · fiscal year 2024

81of 100

How to read this: the company is ahead of 96 % of small companies in the same sector in 2024. What does this mean?

Rank: 847 of 24,304 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 91 and solidity 70 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

ARCTIC ROPE TECH AS is 31 points above the median for small companies in the same sector in 2024.

Median score 50 among 23,528 companies.

Against small companies in the same sector in 2024: operating margin 23.6% (median 3.8%) and equity ratio 59.6% (median 34.4%).

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 revenue12 MNOK2 MNOK
Operating margin 23.6% 3.8% 88 %
Profit margin 23.3% 3.3% shown, not part of the index
Return on assets 53.2% 5.6% 94 %
Equity ratio 59.6% 34.4% 73 %
Debt-to-equity 0.68 1.27 67 %
Current ratio 2.13 1.40 71 %
Revenue growth 175.2% 3.0% 94 %
Revenue per employee1.30 MNOK1.35 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 81, ARCTIC ROPE TECH AS does better than 96% of small companies in the same sector (23,593 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ARCTIC ROPE TECH AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

ARCTIC ROPE TECH AS had an operating margin of 23.6% and an equity ratio of 59.6% in 2024, and ranks 847 of 24,304 in Bygg og anlegg.

From 2023 to 2024: revenue grew by 175% and the operating margin rose from 13.8% to 23.6%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 3 MNOK and 26 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2.1 MNOK 10.0 21 MNOK
EV/EBIT Operating profit: 2.8 MNOK
minus net debt −4.3 MNOK
8.0 26 MNOK
P/B Equity: 3.1 MNOK 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

Indications · 2024

Worth a closer look

No rules were triggered for this year.

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 · 2022

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 2.1%. 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

Profitability91 weight 30%
Solidity70 weight 25%
Liquidity71 weight 15%
Growth94 weight 15%
Consistency79 weight 15%

Durability: 77 (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 ARCTIC ROPE TECH AS?

The operating margin was 23.6% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 53.2%.

How solid is ARCTIC ROPE TECH AS?

The equity ratio was 59.6% in 2024 (median 34.4%). Debt-to-equity was 0.68 (median 1.27).

What is the liquidity of ARCTIC ROPE TECH AS like?

The current ratio was 2.13 in 2024 (median 1.40).

How does ARCTIC ROPE TECH AS compare in Bygg og anlegg?

ARCTIC ROPE TECH AS ranks 847 of 24,304 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 827 of 23,593. Revenue changed by 175.2% from the year before.

From the Central Coordinating Register

Org. no.
915920438
Legal form
AS
Sector
Bygg og anlegg (43.990)
Size tier
small
Employees
9 registered 10 October 2026
Founded
8 September 2015 11 years in operation
Share capital
0.03 MNOK
Business address
Ørnesveien 3, 8160 GLOMFJORD (MELØY)
Municipality
Meløy rank 23 of 28 in KOSTRA group 6
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
Rune Krogh
Chair of the board
Rune Krogh
Auditor
ES REVISJON AS
Accountant
MELØY ØKONOMISENTER 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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index738178
Rank3,2088471,327
Operating margin13.8%23.6%23.8%
Return on assets30.9%53.2%40.4%
Equity ratio51.0%59.6%67.4%
Current ratio1.972.132.85
Revenue growth–175.2%15.6%

Accounts

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

Key figure202320242025
Operating revenue4.3 MNOK11.7 MNOK13.6 MNOK
Operating profit0.6 MNOK2.8 MNOK3.2 MNOK
Profit before tax0.6 MNOK2.7 MNOK3.4 MNOK
Net profit0.4 MNOK2.1 MNOK2.7 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.1 MNOK
Total assets1.9 MNOK5.2 MNOK8.7 MNOK
Current assets1.4 MNOK4.5 MNOK8.1 MNOK
Equity1.0 MNOK3.1 MNOK5.8 MNOK
Retained earnings0.9 MNOK3.1 MNOK5.8 MNOK
Total liabilities0.9 MNOK2.1 MNOK2.8 MNOK
Current liabilities0.7 MNOK2.1 MNOK2.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6130295.