ÅLGÅRD HANDEL & INDUSTRI AS

Org. no. 918370862 · SANDNES · Founded 1968

Score · fiscal year 2024

49of 100

How to read this: the company is ahead of 47 % of small companies in the same sector in 2024. What does this mean?

Rank: 19,746 of 37,174 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 99 and solidity 11 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

ÅLGÅRD HANDEL & INDUSTRI AS is 1 points below the median for small companies in the same sector in 2024.

Median score 50 among 34,771 companies.

Against small companies in the same sector in 2024: operating margin 99.2% (median 2.2%) and equity ratio 1.7% (median 38.3%).

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 revenue2 MNOK4 MNOK
Operating margin 99.2% 2.2% 100 %
Profit margin 96.0% 2.0% shown, not part of the index
Return on assets 101.0% 3.7% 99 %
Equity ratio 1.7% 38.3% 20 %
Debt-to-equity 58.78 0.97 2 %
Current ratio 1.02 1.68 25 %
Revenue growth −30.9% 2.2% 13 %

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 49, ÅLGÅRD HANDEL & INDUSTRI AS does better than 47% of small companies in the same sector (34,888 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ÅLGÅRD HANDEL & INDUSTRI AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

ÅLGÅRD HANDEL & INDUSTRI AS had an operating margin of 99.2% and an equity ratio of 1.7% in 2024, and ranks 19,746 of 37,174 in Handel.

From 2023 to 2024: revenue fell by 31% and the operating margin rose from 97.0% to 99.2%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 0 MNOK and 15 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.4 MNOK 10.0 14 MNOK
EV/EBIT Operating profit: 1.9 MNOK
minus net debt 0.0 MNOK
8.0 15 MNOK
P/B Equity: 0.0 MNOK 1.0 0 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

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 1.7% (median 38.3%).

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

Financial costs were 3.5% of the debt in 2024. The policy rate averaged 4.50 % 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 · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability99 weight 30%
Solidity11 weight 25%
Liquidity25 weight 15%
Growth13 weight 15%
Consistency68 weight 15%

Durability: 49 (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 ÅLGÅRD HANDEL & INDUSTRI AS?

The operating margin was 99.2% in 2024, against a median of 2.2% among small companies in the same sector. Return on assets was 101.0%.

How solid is ÅLGÅRD HANDEL & INDUSTRI AS?

The equity ratio was 1.7% in 2024 (median 38.3%). Debt-to-equity was 58.78 (median 0.97).

What is the liquidity of ÅLGÅRD HANDEL & INDUSTRI AS like?

The current ratio was 1.02 in 2024 (median 1.68).

How does ÅLGÅRD HANDEL & INDUSTRI AS compare in Handel?

ÅLGÅRD HANDEL & INDUSTRI AS ranks 19,746 of 37,174 in Handel for 2024. Among companies of the same size (small companies) it ranks 18,504 of 34,888. Revenue changed by −30.9% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

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.
918370862
Legal form
AS · part of a group
Sector
Handel (47.810)
Size tier
small
Employees
0–4 (not registered)
Founded
23 November 1968 57 years in operation
Share capital
0.03 MNOK
Business address
Bedriftsveien 18, 4313 SANDNES
Municipality
Sandnes rank 4 of 11 in KOSTRA group 12
Audit
Audit opted out from 14 January 2025
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
Erik Ålgård
Accountant
FORUS REVISJON 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
Index494952
Rank17,72619,74618,087
Operating margin97.0%99.2%–
Return on assets37.3%101.0%−35.0%
Equity ratio0.4%1.7%70.2%
Current ratio1.011.0259.15
Revenue growth–−30.9%–

Accounts

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

Key figure202320242025
Operating revenue2.7 MNOK1.9 MNOK–
Operating profit2.6 MNOK1.9 MNOK0.0 MNOK
Profit before tax2.2 MNOK1.8 MNOK0.0 MNOK
Net profit1.7 MNOK1.4 MNOK0.0 MNOK
Financial expenses0.5 MNOK0.1 MNOK0.0 MNOK
Total assets7.3 MNOK1.9 MNOK0.0 MNOK
Current assets7.3 MNOK1.9 MNOK0.0 MNOK
Equity0.0 MNOK0.0 MNOK0.0 MNOK
Retained earnings––0.0 MNOK
Total liabilities7.3 MNOK1.8 MNOK0.0 MNOK
Current liabilities7.3 MNOK1.8 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6196459.

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