NORDEN STILLAS AS

Org. no. 923219684 · TRONDHEIM · Founded 2019 · 23 employees

Score · fiscal year 2025

46of 100

How to read this: the company is ahead of 43 % of small companies in the same sector in 2025. What does this mean?

Rank: 14,903 of 25,886 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 73 and solidity 15 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

NORDEN STILLAS AS is 4 points below the median for small companies in the same sector in 2025.

Median score 50 among 25,101 companies.

Against small companies in the same sector in 2025: operating margin 8.2% (median 3.6%) and equity ratio 5.9% (median 34.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue14 MNOK2 MNOK
Operating margin 8.2% 3.6% 66 %
Profit margin 8.0% 3.3% shown, not part of the index
Return on assets 24.7% 5.6% 79 %
Equity ratio 5.9% 34.1% 24 %
Debt-to-equity 16.00 1.29 6 %
Current ratio 1.01 1.40 32 %
Revenue growth 2.7% 4.2% 48 %
Revenue per employee0.59 MNOK1.42 MNOK

The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 46, NORDEN STILLAS AS does better than 43% of small companies in the same sector (25,321 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NORDEN STILLAS AS
  • Median: small companies in the same sector
Summary analysis

NORDEN STILLAS AS has a score of 46 for 2025, rank 14,903 of 25,886 in the sector.

Strongest: Profitability: percentile 73 against peers, operating margin 8.2% against a median of 3.6%.

Weakest: Solidity: percentile 15 against peers, equity ratio 5.9% against a median of 34.1%. Liquidity: percentile 32 against peers, current ratio 1.01 against a median of 1.40.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

NORDEN STILLAS AS had an operating margin of 8.2% and an equity ratio of 5.9% in 2025, and ranks 14,903 of 25,886 in Bygg og anlegg.

From 2024 to 2025: the operating margin rose from 3.5% to 8.2%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 12 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.8 MNOK 10.0 8 MNOK
EV/EBIT Operating profit: 1.1 MNOK
minus net debt −2.9 MNOK
8.0 12 MNOK
P/B Equity: 0.3 MNOK 1.0 0 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

Indications · 2025

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 5.9% (median 34.1%).

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

Data quality

No anomalies found in the figures.

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 2.1%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability73 weight 30%
Solidity15 weight 25%
Liquidity32 weight 15%
Growth48 weight 15%
Consistency60 weight 15%

Durability: 43 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is NORDEN STILLAS AS?

The operating margin was 8.2% in 2025, against a median of 3.6% among small companies in the same sector. Return on assets was 24.7%.

How solid is NORDEN STILLAS AS?

The equity ratio was 5.9% in 2025 (median 34.1%). Debt-to-equity was 16.00 (median 1.29).

What is the liquidity of NORDEN STILLAS AS like?

The current ratio was 1.01 in 2025 (median 1.40).

How does NORDEN STILLAS AS compare in Bygg og anlegg?

NORDEN STILLAS AS ranks 14,903 of 25,886 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 14,437 of 25,321. Revenue changed by 2.7% from the year before.

From the Central Coordinating Register

Org. no.
923219684
Legal form
AS
Sector
Bygg og anlegg (43.990)
Size tier
small
Employees
23 registered 10 September 2026
Founded
16 July 2019 7 years in operation
Share capital
0.03 MNOK
Business address
Espvegen 71, 7083 LEINSTRAND (TRONDHEIM)
Municipality
Trondheim rank 3–7 of 11 in KOSTRA group 12
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
Kestutis Viktoras Jagminas
Chair of the board
Kestutis Viktoras Jagminas
Auditor
ORKLA REVISJON AS
Accountant
AIDER AS

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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index433946
Rank13,59816,85014,903
Operating margin7.3%3.5%8.2%
Return on assets21.7%11.0%24.7%
Equity ratio13.8%8.8%5.9%
Current ratio0.971.001.01
Revenue growth–−3.2%2.7%

Accounts

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

Key figure202320242025
Operating revenue13.6 MNOK13.2 MNOK13.6 MNOK
Operating profit1.0 MNOK0.5 MNOK1.1 MNOK
Profit before tax1.0 MNOK0.4 MNOK1.1 MNOK
Net profit0.8 MNOK0.3 MNOK0.8 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets4.6 MNOK4.1 MNOK4.5 MNOK
Current assets3.8 MNOK3.5 MNOK4.2 MNOK
Equity0.6 MNOK0.4 MNOK0.3 MNOK
Retained earnings0.6 MNOK0.3 MNOK0.2 MNOK
Total liabilities3.9 MNOK3.8 MNOK4.2 MNOK
Current liabilities3.9 MNOK3.5 MNOK4.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6820758.