GAN MAT AS

Org. no. 919893745 · LILLESTRØM · Founded 2017 · 9 employees

Score · fiscal year 2024

53of 100

How to read this: the company is ahead of 56 % of small companies in the same sector in 2024. What does this mean?

Rank: 16,300 of 37,175 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 55 and solidity 49 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

GAN MAT AS is 3 points above the median for small companies in the same sector in 2024.

Median score 50 among 34,772 companies.

Against small companies in the same sector in 2024: operating margin 1.3% (median 2.2%) and equity ratio 44.3% (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 revenue25 MNOK4 MNOK
Operating margin 1.3% 2.2% 45 %
Profit margin 1.4% 2.0% shown, not part of the index
Return on assets 10.3% 3.7% 66 %
Equity ratio 44.3% 38.3% 55 %
Debt-to-equity 1.26 0.97 44 %
Current ratio 1.78 1.68 53 %
Revenue growth −0.3% 2.2% 43 %
Revenue per employee2.78 MNOK1.57 MNOK

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 53, GAN MAT AS does better than 56% of small companies in the same sector (34,889 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • GAN MAT AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

GAN MAT AS had an operating margin of 1.3% and an equity ratio of 44.3% in 2024, and ranks 16,300 of 37,175 in Handel.

No large changes in the key figures from 2023 to 2024.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 2 MNOK and 4 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: 0.3 MNOK
minus net debt −1.0 MNOK
8.0 4 MNOK
P/B Equity: 1.5 MNOK 1.0 2 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

No rules were triggered for this year.

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

Financial costs were 0.1% 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

Profitability55 weight 30%
Solidity49 weight 25%
Liquidity53 weight 15%
Growth43 weight 15%
Consistency67 weight 15%

Durability: 55 (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 GAN MAT AS?

The operating margin was 1.3% in 2024, against a median of 2.2% among small companies in the same sector. Return on assets was 10.3%.

How solid is GAN MAT AS?

The equity ratio was 44.3% in 2024 (median 38.3%). Debt-to-equity was 1.26 (median 0.97).

What is the liquidity of GAN MAT AS like?

The current ratio was 1.78 in 2024 (median 1.68).

How does GAN MAT AS compare in Handel?

GAN MAT AS ranks 16,300 of 37,175 in Handel for 2024. Among companies of the same size (small companies) it ranks 15,311 of 34,889. Revenue changed by −0.3% from the year before.

From the Central Coordinating Register

Org. no.
919893745
Legal form
AS
Sector
Handel (47.110)
Size tier
small
Employees
9 registered 10 October 2026
Founded
18 October 2017 9 years in operation
Share capital
0.35 MNOK
Business address
Fetveien 1202, 1903 GAN (LILLESTRØM)
Municipality
Lillestrøm rank 7 of 11 in KOSTRA group 12
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
Kent Arne Moen
Chair of the board
Kent Arne Moen
Auditor
ERNST & YOUNG AS
Accountant
NORGESGRUPPEN REGNSKAP 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
Index565344
Rank13,84416,30024,089
Operating margin2.2%1.3%−0.5%
Return on assets15.4%10.3%−2.8%
Equity ratio43.2%44.3%39.7%
Current ratio1.741.781.65
Revenue growth–−0.3%1.2%

Accounts

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

Key figure202320242025
Operating revenue25.1 MNOK25.0 MNOK25.3 MNOK
Operating profit0.5 MNOK0.3 MNOK−0.1 MNOK
Profit before tax0.6 MNOK0.4 MNOK−0.1 MNOK
Net profit0.4 MNOK0.3 MNOK−0.1 MNOK
Financial expenses–0.0 MNOK–
Total assets3.6 MNOK3.4 MNOK3.2 MNOK
Current assets3.6 MNOK3.4 MNOK3.2 MNOK
Equity1.5 MNOK1.5 MNOK1.3 MNOK
Retained earnings1.2 MNOK1.2 MNOK0.9 MNOK
Total liabilities2.0 MNOK1.9 MNOK2.0 MNOK
Current liabilities2.0 MNOK1.9 MNOK2.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6298487.

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