Ormbostad Eiendom AS

Org. no. 921976313 · Molde · Founded 2018

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

Score · fiscal year 2023

27of 100

How to read this: the company is ahead of 14 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 6,809 of 7,931 · What are Morning company classes?
Place in the whole sector: 9,053 of 10,516 · Eiendom

Profile

Beaver · Builder

Lower profitability, lower resilience

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 48 and resilience 4 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Ormbostad Eiendom AS is 22 points below the median for companies in the Morning class Micro in the same sector in 2023.

Median score 49 among 7,931 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin 31.6% (median 43.6%) and equity ratio −0.2% (median 24.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 8 November 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin 31.6% 43.6% 39 %
Profit margin 3.2% 17.6% shown, not part of the index
Return on assets 7.4% 6.5% 56 %
Equity ratio −0.2% 24.2% 9 %
Debt-to-equity – 2.57 not compared
Current ratio 0.33 1.37 18 %
Revenue growth – 7.4% not compared

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

With an index of 27, Ormbostad Eiendom AS does better than 14% of companies in the Morning class Micro in the same sector (7,931 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Ormbostad Eiendom AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2023

What the numbers say

Ormbostad Eiendom AS had an operating margin of 31.6% and an equity ratio of −0.2% in 2023, and ranks 9,053 of 10,516 in Eiendom.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 0 MNOK and 0 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit: 0.0 MNOK 10.5 0 MNOK 0 MNOK
EV/EBIT Operating profit: 0.3 MNOK
less net debt 3.9 MNOK (rough figure)
19.2 3 MNOK 0 MNOK
P/B Equity: 0.0 MNOK 0.7 – not meaningful
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple7 MNOK
Enterprise value after the size adjustment4 MNOK
Less net debt (rough figure)4 MNOK
Equity value0 MNOK

Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt. Net debt is 98% of the enterprise value after the size adjustment, so the equity value from EV/EBIT is sensitive to errors in the debt figure.

The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.

The multiples are from the listed industry that matches the NACE code (68.2): R.E.I.T..

Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Indications · 2023

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 −0.2% (median 24.2%).

  • critical

    Consider strengthening liquidity: current liabilities are 3.0 times current assets.

    Based on: Current ratio 0.33 (median 1.37).

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

Financial costs were 6.7% 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

  • critical Negative equity
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 12.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability48 weight 40%
Solidity0 weight 20%
Liquidity18 weight 5%
Growth– no data, left out
Consistency6 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Index version 3. Data completeness 75%: the share of the weights that had data.

2023

Questions and answers

How profitable is Ormbostad Eiendom AS?

The operating margin was 31.6% in 2023, against a median of 43.6% among companies in the Morning class Micro in the same sector. Return on assets was 7.4%.

How solid is Ormbostad Eiendom AS?

The equity ratio was −0.2% in 2023 (median 24.2%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Ormbostad Eiendom AS like?

The current ratio was 0.33 in 2023 (median 1.37). Current assets did not cover current liabilities.

How does Ormbostad Eiendom AS compare in Eiendom?

Ormbostad Eiendom AS ranks 9,053 of 10,516 in Eiendom for 2023. Among companies in the Morning class Micro it is number 6,809 of 7,931.

From the Central Coordinating Register

Org. no.
921976313
Legal form
AS
Sector
Eiendom (68.200)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
5 December 2018 7 years in operation
Share capital
1.00 MNOK
Business address
Fannebakken 17, 6423 MOLDE
Municipality
Molde rank 1–8 of 13 in KOSTRA group 10
Audit
Audit opted out from 21 December 2018
Latest accounts filed
2025
The company's business municipality, Molde. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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 3 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%
Group chain
Ultimate owner: private person

The company is new in the shareholder register in 2025.

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?

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Figures last fetched 8 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index27–39
Rank9,053–8,336
Operating margin31.6%26.4%28.5%
Return on assets7.4%6.1%7.6%
Equity ratio−0.2%−0.8%0.2%
Current ratio0.330.370.47
Revenue growth–−6.8%8.9%

Accounts

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

Key figure202320242025
Operating revenue1.1 MNOK1.0 MNOK1.1 MNOK
Operating profit0.3 MNOK0.3 MNOK0.3 MNOK
Profit before tax0.0 MNOK0.0 MNOK0.1 MNOK
Tax expense0.0 MNOK0.0 MNOK0.0 MNOK
Net profit0.0 MNOK0.0 MNOK0.0 MNOK
Financial expenses0.3 MNOK0.3 MNOK0.3 MNOK
Total assets4.6 MNOK4.3 MNOK4.1 MNOK
Current assets0.2 MNOK0.2 MNOK0.2 MNOK
Equity0.0 MNOK0.0 MNOK0.0 MNOK
Retained earnings−1.0 MNOK−1.0 MNOK−1.0 MNOK
Total liabilities4.6 MNOK4.4 MNOK4.1 MNOK
Current liabilities0.5 MNOK0.5 MNOK0.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 8 November 2026, accounts id 4587521.