SRE AS

Org. no. 918766952 · SKIPTVET · Founded 2017 · 6 employees

Score · fiscal year 2023

44of 100

How to read this: the company is ahead of 41 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 4,020 of 6,814 · What are Morning company classes?
Place in the whole sector: 12,447 of 21,201 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 7 and solidity 63 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

SRE AS is 6 points below the median for companies in the Morning class Small in the same sector in 2023.

Median score 50 among 6,814 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin −6.2% (median 3.2%) and equity ratio 48.4% (median 36.2%).

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 revenue31 MNOK20 MNOK
Operating margin −6.2% 3.2% 6 %
Profit margin −6.9% 2.9% shown, not part of the index
Return on assets −11.4% 9.3% 8 %
Equity ratio 48.4% 36.2% 64 %
Debt-to-equity 1.07 1.55 62 %
Current ratio 1.94 1.71 58 %
Revenue growth – 4.2% not compared
Revenue per employee5.14 MNOK2.03 MNOK

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

With an index of 44, SRE AS does better than 41% of companies in the Morning class Small in the same sector (6,814 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SRE AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

SRE AS had an operating margin of −6.2% and an equity ratio of 48.4% in 2023, and ranks 12,447 of 21,201 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 8 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −1.7 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −1.9 MNOK 8.0 not meaningful
P/B Equity: 7.7 MNOK 1.0 8 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 · 2023

Worth a closer look

  • watch

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

    Based on: Profit margin −6.9% (median 2.9%).

  • 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 −6.2% (median 3.2%).

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

Financial costs were 3.8% 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.

See interest rates, prices and exchange rates for the sector

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 · 2023

What the score is made of

Profitability7 weight 30%
Solidity63 weight 25%
Liquidity58 weight 15%
Growth– no data, left out
Consistency72 weight 15%

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

2023

Questions and answers

How profitable is SRE AS?

The operating margin was −6.2% in 2023, against a median of 3.2% among companies in the Morning class Small in the same sector. Return on assets was −11.4%. The company made a loss before tax.

How solid is SRE AS?

The equity ratio was 48.4% in 2023 (median 36.2%). Debt-to-equity was 1.07 (median 1.55).

What is the liquidity of SRE AS like?

The current ratio was 1.94 in 2023 (median 1.71).

How does SRE AS compare in Handel?

SRE AS ranks 12,447 of 21,201 in Handel for 2023. Among companies in the Morning class Small it is number 4,020 of 6,814.

From the Central Coordinating Register

Org. no.
918766952
Legal form
AS
Sector
Handel (46.630)
Morning company class
Small
Employees
6 registered 10 June 2024
Founded
8 March 2017 9 years in operation
Share capital
0.10 MNOK
Business address
Askimveien 508, 1816 SKIPTVET
Municipality
Skiptvet rank 17–34 of 40 in KOSTRA group 1
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
Nils Atle Smerthu
Board member
Lina Malene Holm Sveen
Auditor
SOLHØI REVISJON AS
Accountant
DIRECTA 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
Index447036
Rank12,4473,36717,285
Operating margin−6.2%4.7%−3.9%
Return on assets−11.4%15.4%−8.1%
Equity ratio48.4%61.7%47.8%
Current ratio1.943.261.90
Revenue growth–6.3%−2.9%

Accounts

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

Key figure202320242025
Operating revenue30.8 MNOK32.8 MNOK31.8 MNOK
Operating profit−1.9 MNOK1.5 MNOK−1.2 MNOK
Profit before tax−2.1 MNOK0.9 MNOK−1.4 MNOK
Net profit−1.7 MNOK0.7 MNOK−1.7 MNOK
Financial expenses0.3 MNOK1.2 MNOK0.3 MNOK
Total assets15.9 MNOK13.4 MNOK13.7 MNOK
Current assets11.8 MNOK10.2 MNOK10.0 MNOK
Equity7.7 MNOK8.3 MNOK6.5 MNOK
Retained earnings7.6 MNOK8.2 MNOK6.4 MNOK
Total liabilities8.2 MNOK5.1 MNOK7.2 MNOK
Current liabilities6.1 MNOK3.1 MNOK5.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5118927.