KYSTNETT AS
Score · fiscal year 2025
64of 100
How to read this: the company is ahead of 84 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 168 of 865 · Kraft og energi
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 49 and solidity 89 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
KYSTNETT AS is 16 points above the median for medium-sized companies in the same sector in 2025.
Median score 48 among 147 companies.
Against medium-sized companies in the same sector in 2025: operating margin 19.8% (median 16.9%) and equity ratio 69.0% (median 40.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 144 MNOK | 201 MNOK |
| Operating margin | 19.8% | 16.9% |
| Profit margin | 18.4% | 13.6% |
| Return on assets | 6.2% | 6.7% |
| Equity ratio | 69.0% | 40.8% |
| Debt-to-equity | 0.45 | 1.41 |
| Current ratio | 1.81 | 1.14 |
| Revenue growth | 3.8% | 6.1% |
| Revenue per employee | 3.79 MNOK | 6.10 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 64, KYSTNETT AS does better than 84% of medium-sized companies in the same sector (147 companies) in 2025.
Score 2023–2025
- KYSTNETT AS
- Median: medium-sized companies in the same sector
KYSTNETT AS has a score of 64 for 2025, rank 168 of 865 in the sector.
Strongest: Solidity: percentile 89 against peers, equity ratio 69.0% against a median of 40.8%. Liquidity: percentile 73 against peers, current ratio 1.81 against a median of 1.14.
No area is clearly below its peers.
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
KYSTNETT AS had an operating margin of 19.8% and an equity ratio of 69.0% in 2025, and ranks 168 of 865 in Kraft og energi.
From 2024 to 2025: the operating margin rose from 15.8% to 19.8%.
KYSTNETT AS did better than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 123 MNOK and 334 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 206 MNOK |
| EV/EBIT | 8.0 | 123 MNOK |
| P/B | 1.0 | 334 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
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 2.4% 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.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was 19.8% in 2025 (sector median 16.0%), and the equity ratio 69.0%. In the other years the operating margin averaged 18.4%.
The sector's weakest year was 2025, with a median operating margin of 16.0%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 49 | weight 30% |
|---|---|---|
| Solidity | 89 | weight 25% |
| Liquidity | 73 | weight 15% |
| Growth | 45 | weight 15% |
| Consistency | 62 | weight 15% |
Durability: 60 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is KYSTNETT AS?
The operating margin was 19.8% in 2025, against a median of 16.9% among medium-sized companies in the same sector. Return on assets was 6.2%.
How solid is KYSTNETT AS?
The equity ratio was 69.0% in 2025 (median 40.8%). Debt-to-equity was 0.45 (median 1.41).
What is the liquidity of KYSTNETT AS like?
The current ratio was 1.81 in 2025 (median 1.14).
How does KYSTNETT AS compare in Kraft og energi?
KYSTNETT AS ranks 168 of 865 in Kraft og energi for 2025. Among companies of the same size (medium-sized companies) it ranks 24 of 147. Revenue changed by 3.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 923152601
- Legal form
- AS
- Sector
- Kraft og energi (35.140)
- Size tier
- medium
- Employees
- 38 registered 10 August 2026
- Founded
- 8 July 2019 7 years in operation
- Share capital
- 0.70 MNOK
- Business address
- Strandveien 2, 8276 ULVSVÅG (HAMARØY)
- Municipality
- Hábmer rank 17–27 of 28 in KOSTRA group 6
- Latest accounts filed
- 2025
- Website
- kystnett.no
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
- Helge Egil Wågø Albertsen
- Chair of the board
- Sten-Rune Brekke
- Board member
- Lisbeth Korneliussen
- Board member
- Jan-Erik Skogvold
- Board member
- Wibeke Aasjord Juul
- Board member
- Jan-Folke Sandnes
- Board member
- Frode Tiltvik
- Board member
- Linda Merethe Engan
- Board member
- Ronny Bråten
- Deputy member
- Thorbjørn Olsen Solhaug
- Deputy member
- Svein Helge Nøstdal
- Deputy member
- Kine Renate Berg
- Deputy member
- Tordis Sofie Langseth
- Deputy member
- Linn Kristin Hauge
- Deputy member
- Sten Gustav Hilling
- Deputy member
- Tor Petter Olsen
- Deputy member
- Gisle Erik Hansen
- Deputy member
- Arnt Kåre Gjervik
- Deputy member
- Lars Øgsnes Solhaug
- Auditor
- CEDRA NORGE 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 | 56 | 61 | 64 | |
| Rank | 318 | 204 | 168 | |
| Operating margin | 21.0% | 15.8% | 19.8% | |
| Return on assets | 6.9% | 5.3% | 6.2% | |
| Equity ratio | 65.9% | 72.4% | 69.0% | |
| Current ratio | 1.17 | 1.16 | 1.81 | |
| Revenue growth | – | −1.8% | 3.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 141.3 MNOK | 138.8 MNOK | 144.1 MNOK |
| Operating profit | 29.7 MNOK | 22.0 MNOK | 28.5 MNOK |
| Profit before tax | 27.3 MNOK | 20.2 MNOK | 26.5 MNOK |
| Net profit | 21.2 MNOK | 15.7 MNOK | 20.6 MNOK |
| Financial expenses | 4.5 MNOK | 3.3 MNOK | 3.6 MNOK |
| Total assets | 457.5 MNOK | 442.4 MNOK | 483.3 MNOK |
| Current assets | 91.7 MNOK | 60.2 MNOK | 77.7 MNOK |
| Equity | 301.5 MNOK | 320.1 MNOK | 333.6 MNOK |
| Retained earnings | 24.1 MNOK | 42.8 MNOK | 56.3 MNOK |
| Total liabilities | 156.0 MNOK | 122.2 MNOK | 149.6 MNOK |
| Current liabilities | 78.3 MNOK | 51.9 MNOK | 43.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6963978.
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