LED RINGEN AS
Score · fiscal year 2025
Not enough data: Not enough data (below minimum revenue)
Based on the annual accounts for 2025
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 4 MNOK |
| Operating margin | −491.0% | 2.6% |
| Profit margin | −490.4% | 2.2% |
| Return on assets | −484.8% | 6.2% |
| Equity ratio | −172.2% | 33.8% |
| Debt-to-equity | – | 1.23 |
| Current ratio | 8.50 | 1.75 |
| Revenue growth | −88.9% | 4.0% |
The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
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.
What the numbers say
LED RINGEN AS had an equity ratio of −172.2% in 2025. The company is not ranked: not enough data (below minimum revenue).
From 2024 to 2025: the operating margin fell from −36.7% to −491.0% and the equity ratio fell from 51.1% to −172.2%.
This text is generated automatically from the 2025 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | not meaningful |
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
Worth a closer look
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −172.2% (median 33.8%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −490.4% (median 2.2%).
- 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 −491.0% (median 2.6%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.0% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
- watch Extreme margin: check the figures
- critical Negative equity
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
Questions and answers
How profitable is LED RINGEN AS?
The operating margin was −491.0% in 2025, against a median of 2.6% among companies in the same sector. Return on assets was −484.8%. The company made a loss before tax.
How solid is LED RINGEN AS?
The equity ratio was −172.2% in 2025 (median 33.8%). Equity is negative, so liabilities exceed assets.
What is the liquidity of LED RINGEN AS like?
The current ratio was 8.50 in 2025 (median 1.75).
From the Central Coordinating Register
- Org. no.
- 920391338
- Legal form
- AS
- Sector
- Handel (46.470)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 16 January 2018 8 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Gustadveien 5, 3340 ÅMOT (MODUM)
- Municipality
- Modum rank 11–25 of 38 in KOSTRA group 7
- Audit
- Audit opted out from 6 February 2018
- 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
- Steffen Andersen
- Chair of the board
- Steffen Andersen
- Accountant
- ECIT NORIAN 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | 8.2% | −36.7% | −491.0% | |
| Return on assets | 12.2% | −53.2% | −484.8% | |
| Equity ratio | 27.7% | 51.1% | −172.2% | |
| Current ratio | 1.47 | 3.23 | 8.50 | |
| Revenue growth | – | −73.8% | −88.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.4 MNOK | 0.1 MNOK | 0.0 MNOK |
| Operating profit | 0.0 MNOK | 0.0 MNOK | −0.1 MNOK |
| Profit before tax | 0.0 MNOK | 0.0 MNOK | −0.1 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | −0.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.2 MNOK | 0.1 MNOK | 0.0 MNOK |
| Current assets | 0.2 MNOK | 0.1 MNOK | 0.0 MNOK |
| Equity | 0.1 MNOK | 0.0 MNOK | 0.0 MNOK |
| Retained earnings | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total liabilities | 0.2 MNOK | 0.0 MNOK | 0.0 MNOK |
| Current liabilities | 0.2 MNOK | 0.0 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6457259.