Flintware AS

Org. no. 918540644 · Asker · Founded 2016

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

Score · fiscal year 2024

Not enough data: Revenue not reported

Based on the annual accounts for 2024

Source: Register of Company Accounts and Central Coordinating RegisterFetched 8 November 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating margin – 4.7% not compared
Profit margin – 4.3% shown, not part of the index
Return on assets −23.2% 9.3% not compared
Equity ratio 44.1% 39.4% not compared
Debt-to-equity 1.27 1.34 not compared
Current ratio 0.06 1.63 not compared
Revenue growth – 5.2% not compared

The median and “ahead of” refer to companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

Over time

Score over time

Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.

Working capital and debt · 2024

Working capital and debt

Working capital and debt · 2024
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
coming – not compared
Inventory and other current assets, days
Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue.
coming – not compared
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
– 2.0% not compared
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
100.0% 26.0% not compared
Debt and interest burden
Interest coverage (times)
Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt.
– 4.4 not compared
Financial costs as a share of debt
All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate.
– 2.2% not compared
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
83.4% 6.4% not compared

Net working capital (current assets less bank deposits less current liabilities): 0.0 MNOK.

The median and the bar refer to companies in the same sector in 2024. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.

Receivable days and inventory are shown once older accounts have been read again from the raw data. This happens by itself, without new calls to the Brønnøysund Register Centre.

Analysis · 2024

What the numbers say

Flintware AS had an equity ratio of 44.1% in 2024. The company is not ranked: revenue not reported.

From 2023 to 2024: the equity ratio fell from 58.1% to 44.1%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 0 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2024): 0.0 MNOK 23.1 – not meaningful
EV/EBIT Operating profit (mean 2023–2024): 0.0 MNOK 18.6 – not meaningful
P/B Equity: 0.0 MNOK 3.8 0 MNOK 0 MNOK

The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.

The multiples are from the listed industry that matches the NACE code (23): Building Materials.

Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Indications · 2024

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 15.6 times current assets.

    Based on: Current ratio 0.06 (median 1.63).

  • watch

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

    Based on: Profit margin – (median 4.3%).

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

See interest rates, prices and exchange rates for the sector

Data quality

  • watch Revenue not reported
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 −1.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

2024

Questions and answers

How profitable is Flintware AS?

The operating margin was – in 2024, against a median of 4.7% among companies in the same sector. Return on assets was −23.2%. The company made a loss before tax.

How solid is Flintware AS?

The equity ratio was 44.1% in 2024 (median 39.4%). Debt-to-equity was 1.27 (median 1.34).

What is the liquidity of Flintware AS like?

The current ratio was 0.06 in 2024 (median 1.63). Current assets did not cover current liabilities.

Group structure · 2025

3 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.

Private persons own 100% of the shares in Flint Holding AS. Persons are not shown by name.

Flint Holding AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.

The group in figures

Sectors
Informasjon og kommunikasjon (2 companies), Industri (1 company) 3 of 3 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
Negative equity
1 company: Flint Holding AS
Loss
2 companies: Flintware AS, Flint Holding AS

A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.

  • Flint Holding AS operating · Informasjon og kommunikasjon · negative equity
    • Flintware AS you are here 100% owned · operating · Industri
    • Flint AS 100% owned · operating · index 67 · number 1056 of 6719 in Informasjon og kommunikasjon

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.

Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.

From the Central Coordinating Register

Org. no.
918540644
Legal form
AS
Sector
Industri (23.410)
Employees
0–4 (not registered)
Founded
30 November 2016 9 years in operation
Share capital
0.03 MNOK
Business address
Aaslyveien 1, 3483 KANA (ASKER)
Municipality
Asker rank 2 of 11 in KOSTRA group 12
Audit
Audit opted out from 2 March 2017
Latest accounts filed
2025
The company's business municipality, Asker. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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

Loading roles …

Source: Central Coordinating Register, fetched 3 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 100% · private persons 0% · foreign 0%
Owned from the same municipality
100%
Group chain
Owned by: Flint Holding AS (100%)
Ultimate owner: private person

The owner: the majority owner Flint Holding AS (holds 100%) had negative equity in 2025. made a loss in 2025. A weak parent can affect the subsidiary through group contributions, loans and guarantees. It is an indication to watch, not an assessment of the company.

The company is new in the shareholder register in 2025.

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

Error in the data?

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Figures last fetched 8 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index–––
Rank–––
Operating margin––−160.7%
Return on assets−15.0%−23.2%−38.3%
Equity ratio58.1%44.1%20.7%
Current ratio0.040.060.71
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue––0.0 MNOK
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.0 MNOK0.0 MNOK0.0 MNOK
Tax expense–0.0 MNOK0.0 MNOK
Net profit0.0 MNOK0.0 MNOK0.0 MNOK
Financial expenses––0.0 MNOK
Total assets0.1 MNOK0.1 MNOK0.0 MNOK
Current assets0.0 MNOK0.0 MNOK0.0 MNOK
Equity0.0 MNOK0.0 MNOK0.0 MNOK
Retained earnings0.0 MNOK0.0 MNOK0.0 MNOK
Total liabilities0.0 MNOK0.0 MNOK0.0 MNOK
Current liabilities0.0 MNOK0.0 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 8 November 2026, accounts id 5875665.