NORDEN STILLAS AS
Score · fiscal year 2024
38of 100
How to read this: the company is ahead of 29 % of small companies in the same sector in 2024. What does this mean?
Rank: 22,070 of 31,127 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 55 and solidity 16 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
NORDEN STILLAS AS is 12 points below the median for small companies in the same sector in 2024.
Median score 50 among 30,031 companies.
Against small companies in the same sector in 2024: operating margin 3.5% (median 3.8%) and equity ratio 8.8% (median 36.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 13 MNOK | 3 MNOK |
| Operating margin | 3.5% | 3.8% |
| Profit margin | 3.3% | 3.4% |
| Return on assets | 11.0% | 5.8% |
| Equity ratio | 8.8% | 36.8% |
| Debt-to-equity | 10.35 | 1.19 |
| Current ratio | 1.00 | 1.45 |
| Revenue growth | −3.2% | 1.8% |
| Revenue per employee | 0.57 MNOK | 1.40 MNOK |
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 38, NORDEN STILLAS AS does better than 29% of small companies in the same sector (30,102 companies) in 2024.
Score 2023–2025
- NORDEN STILLAS AS
- Median: small companies in the same sector
What the numbers say
NORDEN STILLAS AS had an operating margin of 3.5% and an equity ratio of 8.8% in 2024, and ranks 22,070 of 31,127 in Bygg og anlegg.
From 2023 to 2024: the operating margin fell from 7.3% to 3.5%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 0 MNOK and 5 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 3 MNOK |
| EV/EBIT | 8.0 | 5 MNOK |
| P/B | 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
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 8.8% (median 36.8%).
- watch
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 1.00 (median 1.45).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.6% of the debt in 2024. The policy rate averaged 4.50 % 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
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 2.5%. 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 | 55 | weight 30% |
|---|---|---|
| Solidity | 16 | weight 25% |
| Liquidity | 29 | weight 15% |
| Growth | 43 | weight 15% |
| Consistency | 49 | weight 15% |
Durability: 40 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NORDEN STILLAS AS?
The operating margin was 3.5% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 11.0%.
How solid is NORDEN STILLAS AS?
The equity ratio was 8.8% in 2024 (median 36.8%). Debt-to-equity was 10.35 (median 1.19).
What is the liquidity of NORDEN STILLAS AS like?
The current ratio was 1.00 in 2024 (median 1.45). Current assets did not cover current liabilities.
How does NORDEN STILLAS AS compare in Bygg og anlegg?
NORDEN STILLAS AS ranks 22,070 of 31,127 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 21,259 of 30,102. Revenue changed by −3.2% 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 42 | 38 | 46 | |
| Rank | 18,324 | 22,070 | 19,101 | |
| Operating margin | 7.3% | 3.5% | 8.2% | |
| Return on assets | 21.7% | 11.0% | 24.7% | |
| Equity ratio | 13.8% | 8.8% | 5.9% | |
| Current ratio | 0.97 | 1.00 | 1.01 | |
| Revenue growth | – | −3.2% | 2.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 13.6 MNOK | 13.2 MNOK | 13.6 MNOK |
| Operating profit | 1.0 MNOK | 0.5 MNOK | 1.1 MNOK |
| Profit before tax | 1.0 MNOK | 0.4 MNOK | 1.1 MNOK |
| Net profit | 0.8 MNOK | 0.3 MNOK | 0.8 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 4.6 MNOK | 4.1 MNOK | 4.5 MNOK |
| Current assets | 3.8 MNOK | 3.5 MNOK | 4.2 MNOK |
| Equity | 0.6 MNOK | 0.4 MNOK | 0.3 MNOK |
| Retained earnings | 0.6 MNOK | 0.3 MNOK | 0.2 MNOK |
| Total liabilities | 3.9 MNOK | 3.8 MNOK | 4.2 MNOK |
| Current liabilities | 3.9 MNOK | 3.5 MNOK | 4.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5574003.
Further
Similar companies
- ROGER AAMODT BYGG AS index 38, rank 22,069 · compare
- SW BYGG AS index 38, rank 22,071 · compare
- KORGEN MASKIN & TRANSPORT AS index 38, rank 22,072 · compare
- AGDER MARINE AS index 38, rank 22,073 · compare
- KNUT HANSSEN MASKIN AS index 38, rank 22,075 · compare