Itsos AS

Org. no. 920238769 · Sandefjord · Founded 2018

Score · fiscal year 2024

87of 100

How to read this: the company is ahead of 99 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 109 of 11,065 · What are Morning company classes?
Place in the whole sector: 218 of 22,237 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 94 and solidity 93 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Itsos AS is 37 points above the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 11,058 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 35.9% (median 2.3%) and equity ratio 85.5% (median 34.8%).

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 revenue4 MNOK4 MNOK
Operating margin 35.9% 2.3% 95 %
Profit margin 63.6% 1.8% shown, not part of the index
Return on assets 39.6% 5.5% 92 %
Equity ratio 85.5% 34.8% 94 %
Debt-to-equity 0.17 1.23 93 %
Current ratio 6.88 1.76 92 %
Revenue growth 11.6% 2.8% 67 %

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

With an index of 87, Itsos AS does better than 99% of companies in the Morning class Micro in the same sector (11,065 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Itsos AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

Itsos AS had an operating margin of 35.9% and an equity ratio of 85.5% in 2024, and ranks 218 of 22,237 in Handel.

From 2023 to 2024: the operating margin rose from 25.4% to 35.9% and revenue grew by 12%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 6 MNOK and 23 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 2.3 MNOK 10.0 23 MNOK
EV/EBIT Operating profit: 1.5 MNOK
minus net debt −2.4 MNOK
8.0 14 MNOK
P/B Equity: 5.7 MNOK 1.0 6 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

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 35.9% (median 2.3%); Equity ratio 85.5% (median 34.8%); Current ratio 6.88 (median 1.76).

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

Financial costs were 0.0% 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.

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 · 2024

What the score is made of

Profitability94 weight 30%
Solidity93 weight 25%
Liquidity92 weight 15%
Growth67 weight 15%
Consistency76 weight 15%

Durability: 89 (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 Itsos AS?

The operating margin was 35.9% in 2024, against a median of 2.3% among companies in the Morning class Micro in the same sector. Return on assets was 39.6%.

How solid is Itsos AS?

The equity ratio was 85.5% in 2024 (median 34.8%). Debt-to-equity was 0.17 (median 1.23).

What is the liquidity of Itsos AS like?

The current ratio was 6.88 in 2024 (median 1.76).

How does Itsos AS compare in Handel?

Itsos AS ranks 218 of 22,237 in Handel for 2024. Among companies in the Morning class Micro it is number 109 of 11,065. Revenue changed by 11.6% from the year before.

From the Central Coordinating Register

Org. no.
920238769
Legal form
AS
Sector
Handel (47.920)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
2 January 2018 8 years in operation
Share capital
0.03 MNOK
Business address
Leif Weldings vei 18, 3208 SANDEFJORD
Municipality
Sandefjord rank 2–7 of 10 in KOSTRA group 11
Audit
Audit opted out from 15 January 2018
Latest accounts filed
2025
LEI
9845007BE7945AF4HB76 renews 15 February 2027

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
Christer Aashildrød
Chair of the board
Christer Aashildrød
Board member
Kjell Aashildrød

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
No parent company: owned by persons

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.

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
Index928779
Rank266218868
Operating margin25.4%35.9%25.4%
Return on assets28.3%39.6%43.5%
Equity ratio83.8%85.5%83.5%
Current ratio6.156.886.07
Revenue growth–11.6%−2.3%

Accounts

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

Key figure202320242025
Operating revenue3.7 MNOK4.2 MNOK4.1 MNOK
Operating profit0.9 MNOK1.5 MNOK1.0 MNOK
Profit before tax1.5 MNOK2.6 MNOK0.4 MNOK
Net profit1.3 MNOK2.3 MNOK0.0 MNOK
Financial expenses0.0 MNOK0.0 MNOK2.6 MNOK
Total assets5.3 MNOK6.7 MNOK6.9 MNOK
Current assets5.3 MNOK6.7 MNOK6.8 MNOK
Equity4.5 MNOK5.7 MNOK5.7 MNOK
Retained earnings4.4 MNOK5.7 MNOK5.7 MNOK
Total liabilities0.9 MNOK1.0 MNOK1.1 MNOK
Current liabilities0.9 MNOK1.0 MNOK1.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5607917.

Similar companies