MORE HOLDCO APPLY AS
Score · fiscal year 2023
61of 100
How to read this: the company is ahead of 73 % of small companies in the same sector in 2023. What does this mean?
Rank: 154 of 565 · Olje og gass
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 63 and solidity 46 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
MORE HOLDCO APPLY AS is 11 points above the median for small companies in the same sector in 2023.
Median score 50 among 324 companies.
Against small companies in the same sector in 2023: operating margin −2.1% (median 4.3%) and equity ratio 52.4% (median 48.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 8 MNOK | 3 MNOK |
| Operating margin | −2.1% | 4.3% |
| Profit margin | 2,398.6% | 9.4% |
| Return on assets | 47.6% | 3.4% |
| Equity ratio | 52.4% | 48.8% |
| Debt-to-equity | 0.91 | 0.50 |
| Current ratio | 4.16 | 1.51 |
| Revenue growth | – | −40.2% |
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 61, MORE HOLDCO APPLY AS does better than 73% of small companies in the same sector (325 companies) in 2023.
Score 2023–2025
- MORE HOLDCO APPLY AS
- Median: small companies in the same sector
What the numbers say
MORE HOLDCO APPLY AS had an operating margin of −2.1% and an equity ratio of 52.4% in 2023, and ranks 154 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 213 MNOK and 1,794 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1,794 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 213 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
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.
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 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 63 | weight 30% |
|---|---|---|
| Solidity | 46 | weight 25% |
| Liquidity | 71 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 71 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is MORE HOLDCO APPLY AS?
The operating margin was −2.1% in 2023, against a median of 4.3% among small companies in the same sector. Return on assets was 47.6%.
How solid is MORE HOLDCO APPLY AS?
The equity ratio was 52.4% in 2023 (median 48.8%). Debt-to-equity was 0.91 (median 0.50).
What is the liquidity of MORE HOLDCO APPLY AS like?
The current ratio was 4.16 in 2023 (median 1.51).
How does MORE HOLDCO APPLY AS compare in Olje og gass?
MORE HOLDCO APPLY AS ranks 154 of 565 in Olje og gass for 2023. Among companies of the same size (small companies) it ranks 87 of 325.
Group accounts · 2023
47 of 100
Rank 580 of 1079 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2023) |
|---|---|---|
| Operating margin | 7.5% | −2.1% |
| Return on assets | 16.4% | 47.6% |
| Equity ratio | 26.5% | 52.4% |
| Current ratio | 0.99 | 4.16 |
| 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).
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.
- 918274790
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.109)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 7 December 2016 9 years in operation
- Share capital
- 4.66 MNOK
- Business address
- Moseidsletta 122, 4033 STAVANGER (SOLA)
- Municipality
- Sola rank 2 of 27 in KOSTRA group 9
- 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
- Chair of the board
- Geir Austigard
- Board member
- Trond Rosnes
- Auditor
- PRICEWATERHOUSECOOPERS 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 61 | 60 | 58 | |
| Rank | 154 | 160 | 196 | |
| Operating margin | −2.1% | −3.2% | – | |
| Return on assets | 47.6% | 32.7% | 6.4% | |
| Equity ratio | 52.4% | 67.2% | 72.4% | |
| Current ratio | 4.16 | 43.45 | 1.03 | |
| Revenue growth | – | −40.0% | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 7.5 MNOK | 4.5 MNOK | – |
| Operating profit | −0.2 MNOK | −0.1 MNOK | −0.1 MNOK |
| Profit before tax | 179.9 MNOK | 174.5 MNOK | 27.0 MNOK |
| Net profit | 179.4 MNOK | 177.9 MNOK | 28.8 MNOK |
| Financial expenses | 13.3 MNOK | 15.3 MNOK | 7.9 MNOK |
| Total assets | 405.6 MNOK | 581.3 MNOK | 543.3 MNOK |
| Current assets | 31.3 MNOK | 195.7 MNOK | 153.9 MNOK |
| Equity | 212.7 MNOK | 390.6 MNOK | 393.4 MNOK |
| Retained earnings | 183.4 MNOK | 361.3 MNOK | 272.3 MNOK |
| Total liabilities | 193.0 MNOK | 190.7 MNOK | 149.9 MNOK |
| Current liabilities | 7.5 MNOK | 4.5 MNOK | 149.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5376717.
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