Wingtech AS
Score · fiscal year 2025
6of 100
How to read this: the company is ahead of 1 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 1,364 of 1,379 · What are Morning company classes?
Place in the whole sector: 3,895 of 3,928 · Industri
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 3 and solidity 8 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Wingtech AS is 45 points below the median for companies in the Morning class Small in the same sector in 2025.
Median score 51 among 1,379 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin −38.9% (median 4.2%) and equity ratio 7.3% (median 41.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 38 MNOK | 24 MNOK |
| Operating margin | −38.9% | 4.2% |
| Profit margin | −40.4% | 3.9% |
| Return on assets | −24.9% | 9.1% |
| Equity ratio | 7.3% | 41.0% |
| Debt-to-equity | 12.70 | 1.32 |
| Current ratio | 0.58 | 1.71 |
| Revenue growth | −22.4% | 5.6% |
| Revenue per employee | 1.52 MNOK | 1.59 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 6, Wingtech AS does better than 1% of companies in the Morning class Small in the same sector (1,379 companies) in 2025.
Score 2022–2025
- Wingtech AS
- Median: companies in the Morning class Small in the same sector
Wingtech AS has a score of 6 for 2025, rank 3,895 of 3,928 in the sector.
Strongest: Consistency: percentile 10 against peers.
Weakest: Liquidity: percentile 3 against peers, current ratio 0.58 against a median of 1.71. Profitability: percentile 3 against peers, operating margin −38.9% against a median of 4.2%.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 7.3% (median 41.0%).
- Consider strengthening liquidity: current liabilities are 1.7 times current assets. Based on: current ratio 0.58 (median 1.71).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −40.4% (median 3.9%).
- What lies behind weak profitability, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Wingtech AS had an operating margin of −38.9% and an equity ratio of 7.3% in 2025, and ranks 3,895 of 3,928 in Industri.
From 2024 to 2025: the operating margin fell from −0.1% to −38.9% and the equity ratio fell from 55.6% to 7.3%.
Wingtech AS did better than the sector in 2022, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 4 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
Worth a closer look
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 7.3% (median 41.0%).
- watch
Consider strengthening liquidity: current liabilities are 1.7 times current assets.
Based on: Current ratio 0.58 (median 1.71).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −40.4% (median 3.9%).
- 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 −38.9% (median 4.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.4% 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.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was 4.5% in 2022 (sector median 0.4%), and the equity ratio 60.8%. In the other years the operating margin averaged −12.9%.
The sector's weakest year was 2022, with a median operating margin of 0.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 3 | weight 30% |
|---|---|---|
| Solidity | 8 | weight 25% |
| Liquidity | 3 | weight 15% |
| Growth | 7 | weight 15% |
| Consistency | 10 | weight 15% |
Durability: 47 (average over 4 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Wingtech AS?
The operating margin was −38.9% in 2025, against a median of 4.2% among companies in the Morning class Small in the same sector. Return on assets was −24.9%. The company made a loss before tax.
How solid is Wingtech AS?
The equity ratio was 7.3% in 2025 (median 41.0%). Debt-to-equity was 12.70 (median 1.32).
What is the liquidity of Wingtech AS like?
The current ratio was 0.58 in 2025 (median 1.71). Current assets did not cover current liabilities.
How does Wingtech AS compare in Industri?
Wingtech AS ranks 3,895 of 3,928 in Industri for 2025. Among companies in the Morning class Small it is number 1,364 of 1,379. Revenue changed by −22.4% from the year before.
From the Central Coordinating Register
- Org. no.
- 921668341
- Legal form
- AS
- Sector
- Industri (26.510)
- Morning company class
- Small
- Employees
- 25 registered 10 August 2026
- Founded
- 23 October 2018 8 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Vingvågen 25, 7255 SUNDLANDET (HITRA)
- Municipality
- Hitra rank 2–9 of 9 in KOSTRA group 3
- 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
Loading roles …
Source: Central Coordinating Register, fetched 31 October 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: Spelmannsnesset AS (100%)
Ultimate owner: Spelmannsnesset AS
- Spelmannsnesset AS · 100.0%
The company is new in the shareholder register in 2025.
Holds shares in: Blått Kompetansesenter AS (0%)
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?
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 5 November 2026.
Year by year · 2022–2025
| Key figure | 2022 | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|---|
| Index | 87 | 48 | 48 | 6 | |
| Rank | 3 | 2,029 | 2,178 | 3,895 | |
| Operating margin | 4.5% | 0.1% | −0.1% | −38.9% | |
| Return on assets | 5.8% | 0.3% | 0.2% | −24.9% | |
| Equity ratio | 60.8% | 63.8% | 55.6% | 7.3% | |
| Current ratio | 2.40 | 1.99 | 1.11 | 0.58 | |
| Revenue growth | – | −16.5% | 15.3% | −22.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating revenue | 50.7 MNOK | 42.3 MNOK | 48.8 MNOK | 37.9 MNOK |
| Operating profit | 2.3 MNOK | 0.1 MNOK | 0.0 MNOK | −14.7 MNOK |
| Profit before tax | 2.2 MNOK | −0.3 MNOK | −0.1 MNOK | −15.3 MNOK |
| Tax expense | – | – | – | – |
| Net profit | 1.7 MNOK | −0.2 MNOK | 0.4 MNOK | −11.4 MNOK |
| Financial expenses | 0.1 MNOK | 0.4 MNOK | 0.2 MNOK | 0.8 MNOK |
| Total assets | 39.0 MNOK | 38.1 MNOK | 44.6 MNOK | 58.5 MNOK |
| Current assets | 36.7 MNOK | 27.4 MNOK | 22.0 MNOK | 28.5 MNOK |
| Equity | 23.7 MNOK | 24.3 MNOK | 24.8 MNOK | 4.3 MNOK |
| Retained earnings | 23.7 MNOK | 24.3 MNOK | 24.8 MNOK | 4.2 MNOK |
| Total liabilities | 15.3 MNOK | 13.8 MNOK | 19.8 MNOK | 54.2 MNOK |
| Current liabilities | 15.3 MNOK | 13.8 MNOK | 19.8 MNOK | 49.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 5 November 2026, accounts id 7244434.
Further
Similar companies
- Metesa Norway AS index 6, rank 3,890 · compare
- Snekkeriet AS index 6, rank 3,893 · compare
- Fjellfisk AS index 6, rank 3,896 · compare
- Møbelsnekkerne AS index 6, rank 3,897 · compare
- Conoptica AS index 6, rank 3,898 · compare