ISTAD KRAFT AS
Score · fiscal year 2024
49of 100
How to read this: the company is ahead of 48 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 776 of 1,488 · Kraft og energi
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 60 and solidity 35 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
ISTAD KRAFT AS is 1 points below the median for medium-sized companies in the same sector in 2024.
Median score 50 among 191 companies.
Against medium-sized companies in the same sector in 2024: operating margin 5.8% (median 15.9%) and equity ratio 34.0% (median 43.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 549 MNOK | 202 MNOK |
| Operating margin | 5.8% | 15.9% |
| Profit margin | 6.3% | 13.3% |
| Return on assets | 10.8% | 5.6% |
| Equity ratio | 34.0% | 43.0% |
| Debt-to-equity | 1.94 | 1.25 |
| Current ratio | 1.27 | 1.24 |
| Revenue growth | −15.5% | −8.3% |
| Revenue per employee | 26.15 MNOK | 6.99 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 49, ISTAD KRAFT AS does better than 48% of medium-sized companies in the same sector (191 companies) in 2024.
Score 2023–2025
- ISTAD KRAFT AS
- Median: medium-sized companies in the same sector
What the numbers say
ISTAD KRAFT AS had an operating margin of 5.8% and an equity ratio of 34.0% in 2024, and ranks 776 of 1,488 in Kraft og energi.
From 2023 to 2024: the operating margin fell from 13.9% to 5.8% and revenue fell by 15%.
ISTAD KRAFT AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 138 MNOK and 157 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 157 MNOK |
| EV/EBIT | 8.0 | 150 MNOK |
| P/B | 1.0 | 138 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 3.5% 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
The operating margin was 6.0% in 2025 (sector median 12.6%), and the equity ratio 33.4%. In the other years the operating margin averaged 9.9%.
The sector's weakest year was 2025, with a median operating margin of 12.6%. 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 | 60 | weight 30% |
|---|---|---|
| Solidity | 35 | weight 25% |
| Liquidity | 52 | weight 15% |
| Growth | 38 | weight 15% |
| Consistency | 58 | weight 15% |
Durability: 46 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is ISTAD KRAFT AS?
The operating margin was 5.8% in 2024, against a median of 15.9% among medium-sized companies in the same sector. Return on assets was 10.8%.
How solid is ISTAD KRAFT AS?
The equity ratio was 34.0% in 2024 (median 43.0%). Debt-to-equity was 1.94 (median 1.25).
What is the liquidity of ISTAD KRAFT AS like?
The current ratio was 1.27 in 2024 (median 1.24).
How does ISTAD KRAFT AS compare in Kraft og energi?
ISTAD KRAFT AS ranks 776 of 1,488 in Kraft og energi for 2024. Among companies of the same size (medium-sized companies) it ranks 100 of 191. Revenue changed by −15.5% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
Public contracts
- Contracts awarded since 2024
- 0
- Total awarded value since 2024
- value not stated
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 7 November 2017 | FØRDEFJORDEN ENERGI AS | Rammeavtale om levering av elektrisk kraft | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 923253920
- Legal form
- AS · part of a group
- Sector
- Kraft og energi (35.121)
- Size tier
- medium
- Employees
- 21 registered 10 March 2026
- Founded
- 4 June 1973 53 years in operation
- Share capital
- 50.19 MNOK
- Business address
- Plutovegen 5, 6419 MOLDE
- Municipality
- Molde rank 2–10 of 13 in KOSTRA group 10
- 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
- Rune Ingvald Humlung
- Chair of the board
- Jon Ivar Kosberg
- Board member
- Frank Gussiås
- Board member
- Olaf Andre Eide
- Deputy member
- Rune Ingvald Humlung
- Deputy member
- Anne Norun Gautvik
- Auditor
- CEDRA NORGE 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 | 43 | 49 | 42 | |
| Rank | 882 | 776 | 986 | |
| Operating margin | 13.9% | 5.8% | 6.0% | |
| Return on assets | 19.9% | 10.8% | 8.1% | |
| Equity ratio | 29.4% | 34.0% | 33.4% | |
| Current ratio | 1.14 | 1.27 | 1.28 | |
| Revenue growth | – | −15.5% | −12.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 649.9 MNOK | 549.2 MNOK | 482.7 MNOK |
| Operating profit | 90.6 MNOK | 31.9 MNOK | 29.0 MNOK |
| Profit before tax | 86.4 MNOK | 34.6 MNOK | 23.9 MNOK |
| Net profit | 43.6 MNOK | 15.7 MNOK | 8.7 MNOK |
| Financial expenses | 9.1 MNOK | 9.4 MNOK | 9.6 MNOK |
| Total assets | 478.8 MNOK | 405.8 MNOK | 413.3 MNOK |
| Current assets | 203.4 MNOK | 137.2 MNOK | 146.4 MNOK |
| Equity | 140.8 MNOK | 137.8 MNOK | 137.9 MNOK |
| Retained earnings | 4.2 MNOK | 1.2 MNOK | 1.3 MNOK |
| Total liabilities | 338.0 MNOK | 268.0 MNOK | 275.4 MNOK |
| Current liabilities | 178.6 MNOK | 107.7 MNOK | 114.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6156339.
Further
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