MAKASI BALANCE AS

Org. no. 922942587 · TØNSBERG · Founded 2019

Score · fiscal year 2024

2of 100

How to read this: the company is ahead of 1 % of small companies in the same sector in 2024. What does this mean?

Rank: 28,701 of 28,783 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 1 and solidity 0 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

MAKASI BALANCE AS is 48 points below the median for small companies in the same sector in 2024.

Median score 50 among 26,966 companies.

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 margin – 2.1% not compared
Profit margin – 1.8% shown, not part of the index
Return on assets −1,848.8% 2.9% 1 %
Equity ratio −20,692.4% 35.5% 1 %
Debt-to-equity – 1.03 not compared
Current ratio 0.00 1.62 2 %
Revenue growth – 2.6% not compared

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 2, MAKASI BALANCE AS does better than 1% of small companies in the same sector (27,072 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • MAKASI BALANCE AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

MAKASI BALANCE AS had an operating margin of – and an equity ratio of −20,692.4% in 2024, and ranks 28,701 of 28,783 in Handel.

From 2023 to 2024: the equity ratio fell from −18,843.2% to −20,692.4%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.0 MNOK 8.0 not meaningful
P/B Equity: −0.1 MNOK 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

Indications · 2024

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 −20,692.4% (median 35.5%).

  • critical

    Consider strengthening liquidity: current liabilities are 206.9 times current assets.

    Based on: Current ratio 0.00 (median 1.62).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin – (median 1.8%).

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

Data quality

  • watch Revenue not reported
  • critical Negative equity
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 −134.9%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability1 weight 30%
Solidity0 weight 25%
Liquidity2 weight 15%
Growth– no data, left out
Consistency6 weight 15%

Durability: 1 (average over 2 years)

Index version 2. Data completeness 85%: the share of the weights that had data.

2024

Questions and answers

How profitable is MAKASI BALANCE AS?

The operating margin was – in 2024, against a median of 2.1% among small companies in the same sector. Return on assets was −1,848.8%. The company made a loss before tax.

How solid is MAKASI BALANCE AS?

The equity ratio was −20,692.4% in 2024 (median 35.5%). Equity is negative, so liabilities exceed assets.

What is the liquidity of MAKASI BALANCE AS like?

The current ratio was 0.00 in 2024 (median 1.62). Current assets did not cover current liabilities.

How does MAKASI BALANCE AS compare in Handel?

MAKASI BALANCE AS ranks 28,701 of 28,783 in Handel for 2024. Among companies of the same size (small companies) it ranks 26,884 of 27,072.

From the Central Coordinating Register

Org. no.
922942587
Legal form
AS
Sector
Handel (47.920)
Size tier
small
Employees
0–4 (not registered)
Founded
31 March 2019 7 years in operation
Share capital
0.03 MNOK
Business address
Narverødveien 5B, 3113 TØNSBERG
Municipality
Tønsberg rank 2 of 10 in KOSTRA group 11
Audit
Audit opted out from 24 June 2019
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

Chair of the board
Jerry Kaseya Mutombo

Source: Central Coordinating Register, fetched 25 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index1245
Rank26,30628,70118,006
Operating margin––73.4%
Return on assets−1,978.8%−1,848.8%72.8%
Equity ratio−18,843.2%−20,692.4%−98.2%
Current ratio0.010.000.51
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue0.0 MNOK–0.0 MNOK
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.0 MNOK0.0 MNOK0.0 MNOK
Net profit0.0 MNOK0.0 MNOK0.0 MNOK
Financial expenses––0.0 MNOK
Total assets0.0 MNOK0.0 MNOK0.0 MNOK
Current assets0.0 MNOK0.0 MNOK0.0 MNOK
Equity0.0 MNOK−0.1 MNOK0.0 MNOK
Retained earnings−0.1 MNOK−0.1 MNOK−0.1 MNOK
Total liabilities0.0 MNOK0.1 MNOK0.1 MNOK
Current liabilities0.0 MNOK0.1 MNOK0.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5561655.