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C) OPTIKK HARDANGER AS

Org. no. 917873003 · ULLENSVANG · Founded 2016

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Score · fiscal year 2025

43of 100

How to read this: the company is ahead of 37 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 7,212 of 11,397 · What are Morning company classes?
Place in the whole sector: 14,789 of 23,065 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 6 and solidity 74 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

C) OPTIKK HARDANGER AS is 7 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 11,394 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin −32.1% (median 2.6%) and equity ratio 64.1% (median 33.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue1 MNOK4 MNOK
Operating margin −32.1% 2.6% 4 %
Profit margin −29.7% 2.2% shown, not part of the index
Return on assets −36.8% 6.2% 8 %
Equity ratio 64.1% 33.8% 77 %
Debt-to-equity 0.56 1.23 71 %
Current ratio 6.07 1.75 90 %
Revenue growth −7.0% 4.0% 26 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 43, C) OPTIKK HARDANGER AS does better than 37% of companies in the Morning class Micro in the same sector (11,397 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • C) OPTIKK HARDANGER AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

C) OPTIKK HARDANGER AS has a score of 43 for 2025, rank 14,789 of 23,065 in the sector.

Strongest: Liquidity: percentile 90 against peers, current ratio 6.07 against a median of 1.75. Solidity: percentile 74 against peers, equity ratio 64.1% against a median of 33.8%.

Weakest: Profitability: percentile 6 against peers, operating margin −32.1% against a median of 2.6%. Growth: percentile 26 against peers, revenue growth −7.0% against a median of 4.0%.

Worth a closer look

  • The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −29.7% (median 2.2%).
  • The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −32.1% (median 2.6%).
  • What lies behind weak profitability, and will it last?
  • What lies behind weak growth, and will it last?

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

C) OPTIKK HARDANGER AS had an operating margin of −32.1% and an equity ratio of 64.1% in 2025, and ranks 14,789 of 23,065 in Handel.

From 2024 to 2025: the operating margin fell from −27.4% to −32.1% and the equity ratio fell from 70.6% to 64.1%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.4 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.5 MNOK 8.0 not meaningful
P/B Equity: 0.8 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 · 2025

Worth a closer look

  • watch

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

    Based on: Profit margin −29.7% (median 2.2%).

  • 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 −32.1% (median 2.6%).

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

Financial costs were 0.1% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability6 weight 30%
Solidity74 weight 25%
Liquidity90 weight 15%
Growth26 weight 15%
Consistency35 weight 15%

Durability: 51 (average over 3 years)

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

2025

Questions and answers

How profitable is C) OPTIKK HARDANGER AS?

The operating margin was −32.1% in 2025, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was −36.8%. The company made a loss before tax.

How solid is C) OPTIKK HARDANGER AS?

The equity ratio was 64.1% in 2025 (median 33.8%). Debt-to-equity was 0.56 (median 1.23).

What is the liquidity of C) OPTIKK HARDANGER AS like?

The current ratio was 6.07 in 2025 (median 1.75).

How does C) OPTIKK HARDANGER AS compare in Handel?

C) OPTIKK HARDANGER AS ranks 14,789 of 23,065 in Handel for 2025. Among companies in the Morning class Micro it is number 7,212 of 11,397. Revenue changed by −7.0% from the year before.

From the Central Coordinating Register

Org. no.
917873003
Legal form
AS
Sector
Handel (47.740)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
27 September 2016 10 years in operation
Share capital
0.03 MNOK
Business address
Bakkegata 4A, 5750 ODDA (ULLENSVANG)
Municipality
Ullensvang rank 3–12 of 13 in KOSTRA group 8
Audit
Audit opted out from 13 October 2016
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
Egil Inge Reitan
Chair of the board
Egil Inge Reitan
Accountant
ECIT FORRETNINGSPARTNER AS

Source: Central Coordinating Register, fetched 29 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
Index644643
Rank6,04012,95514,789
Operating margin−9.1%−27.4%−32.1%
Return on assets−5.9%−24.0%−36.8%
Equity ratio75.3%70.6%64.1%
Current ratio6.986.156.07
Revenue growth–−10.6%−7.0%

Accounts

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

Key figure202320242025
Operating revenue1.8 MNOK1.6 MNOK1.5 MNOK
Operating profit−0.2 MNOK−0.4 MNOK−0.5 MNOK
Profit before tax−0.1 MNOK−0.4 MNOK−0.4 MNOK
Net profit−0.1 MNOK−0.4 MNOK−0.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets2.2 MNOK1.7 MNOK1.2 MNOK
Current assets1.8 MNOK1.4 MNOK0.9 MNOK
Equity1.6 MNOK1.2 MNOK0.8 MNOK
Retained earnings1.6 MNOK1.2 MNOK0.7 MNOK
Total liabilities0.5 MNOK0.5 MNOK0.4 MNOK
Current liabilities0.3 MNOK0.2 MNOK0.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6802838.

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