KULE BOLIGER AS

Org. no. 917896399 · VESTNES · Founded 2016

Score · fiscal year 2023

35of 100

How to read this: the company is ahead of 28 % of small companies in the same sector in 2023. What does this mean?

Rank: 20,809 of 28,987 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 97 and solidity 0 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

KULE BOLIGER AS is 15 points below the median for small companies in the same sector in 2023.

Median score 50 among 27,959 companies.

Against small companies in the same sector in 2023: operating margin 45.3% (median 4.1%) and equity ratio −1,068.9% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin 45.3% 4.1% 95 %
Profit margin −19.2% 3.8% shown, not part of the index
Return on assets 1,300.0% 5.9% 100 %
Equity ratio −1,068.9% 36.8% 1 %
Debt-to-equity – 1.24 not compared
Current ratio 0.10 1.44 4 %
Revenue growth – 2.5% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 35, KULE BOLIGER AS does better than 28% of small companies in the same sector (28,009 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • KULE BOLIGER AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

KULE BOLIGER AS had an operating margin of 45.3% and an equity ratio of −1,068.9% in 2023, and ranks 20,809 of 28,987 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 4 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.4 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.6 MNOK
minus net debt 0.2 MNOK
8.0 4 MNOK
P/B Equity: −0.5 MNOK 1.0 not meaningful

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 · 2023

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −1,068.9% (median 36.8%).

  • critical

    Consider strengthening liquidity: current liabilities are 10.5 times current assets.

    Based on: Current ratio 0.10 (median 1.44).

  • watch

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

    Based on: Profit margin −19.2% (median 3.8%).

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

Financial costs were 158.2% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

  • critical Negative equity
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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability97 weight 30%
Solidity0 weight 25%
Liquidity4 weight 15%
Growth– no data, left out
Consistency1 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is KULE BOLIGER AS?

The operating margin was 45.3% in 2023, against a median of 4.1% among small companies in the same sector. Return on assets was 1,300.0%. The company made a loss before tax.

How solid is KULE BOLIGER AS?

The equity ratio was −1,068.9% in 2023 (median 36.8%). Equity is negative, so liabilities exceed assets.

What is the liquidity of KULE BOLIGER AS like?

The current ratio was 0.10 in 2023 (median 1.44). Current assets did not cover current liabilities.

How does KULE BOLIGER AS compare in Bygg og anlegg?

KULE BOLIGER AS ranks 20,809 of 28,987 in Bygg og anlegg for 2023. Among companies of the same size (small companies) it ranks 20,035 of 28,009.

From the Central Coordinating Register

Org. no.
917896399
Legal form
AS
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
0–4 (not registered)
Founded
15 July 2016 10 years in operation
Share capital
0.03 MNOK
Business address
Vikebuktvegen 98, 6392 VIKEBUKT (VESTNES)
Municipality
Vestnes rank 11–29 of 39 in KOSTRA group 4
Audit
Audit opted out from 18 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
Leif Arnfinn Domaas
Chair of the board
Leif Arnfinn Domaas
Accountant
IREGNSKAP 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index353350
Rank20,80924,19616,362
Operating margin45.3%59.1%17.6%
Return on assets1,300.0%812.6%136.3%
Equity ratio−1,068.9%−1,704.2%−200.1%
Current ratio0.100.050.45
Revenue growth–−78.4%225.7%

Accounts

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

Key figure202320242025
Operating revenue1.3 MNOK0.3 MNOK0.9 MNOK
Operating profit0.6 MNOK0.2 MNOK0.2 MNOK
Profit before tax−0.2 MNOK0.2 MNOK0.1 MNOK
Net profit−0.4 MNOK0.1 MNOK0.1 MNOK
Financial expenses0.8 MNOK0.0 MNOK0.0 MNOK
Total assets0.0 MNOK0.0 MNOK0.1 MNOK
Current assets0.0 MNOK0.0 MNOK0.1 MNOK
Equity−0.5 MNOK−0.3 MNOK−0.2 MNOK
Retained earnings−0.5 MNOK−0.4 MNOK−0.3 MNOK
Total liabilities0.5 MNOK0.4 MNOK0.3 MNOK
Current liabilities0.3 MNOK0.2 MNOK0.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5202951.