S-NETT AS
Score · fiscal year 2025
48of 100
How to read this: the company is ahead of 46 % of small companies in the same sector in 2025. What does this mean?
Rank: 461 of 865 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 51 and solidity 55 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
S-NETT AS is 3 points below the median for small companies in the same sector in 2025.
Median score 51 among 676 companies.
Against small companies in the same sector in 2025: operating margin 16.4% (median 15.2%) and equity ratio 45.8% (median 38.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 88 MNOK | 5 MNOK |
| Operating margin | 16.4% | 15.2% |
| Profit margin | 9.9% | 9.5% |
| Return on assets | 4.9% | 4.8% |
| Equity ratio | 45.8% | 38.9% |
| Debt-to-equity | 1.19 | 1.35 |
| Current ratio | 0.62 | 1.65 |
| Revenue growth | −2.6% | 3.6% |
| Revenue per employee | 3.99 MNOK | 2.84 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 48, S-NETT AS does better than 46% of small companies in the same sector (676 companies) in 2025.
Score 2023–2025
- S-NETT AS
- Median: small companies in the same sector
S-NETT AS has a score of 48 for 2025, rank 461 of 865 in the sector.
Strongest: Consistency: percentile 73 against peers.
Weakest: Liquidity: percentile 15 against peers, current ratio 0.62 against a median of 1.65. Growth: percentile 39 against peers, revenue growth −2.6% against a median of 3.6%.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.6 times current assets. Based on: current ratio 0.62 (median 1.65).
- What lies behind weak growth, and will it last?
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
S-NETT AS had an operating margin of 16.4% and an equity ratio of 45.8% in 2025, and ranks 461 of 865 in Kraft og energi.
From 2024 to 2025: the operating margin fell from 20.9% to 16.4%.
S-NETT 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 68 MNOK and 138 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 68 MNOK |
| EV/EBIT | 8.0 | debt above value |
| 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
- watch
Consider strengthening liquidity: current liabilities are 1.6 times current assets.
Based on: Current ratio 0.62 (median 1.65).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.8% 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 16.4% in 2025 (sector median 16.0%), and the equity ratio 45.8%. In the other years the operating margin averaged 23.4%.
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 | 51 | weight 30% |
|---|---|---|
| Solidity | 55 | weight 25% |
| Liquidity | 15 | weight 15% |
| Growth | 39 | weight 15% |
| Consistency | 73 | weight 15% |
Durability: 52 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is S-NETT AS?
The operating margin was 16.4% in 2025, against a median of 15.2% among small companies in the same sector. Return on assets was 4.9%.
How solid is S-NETT AS?
The equity ratio was 45.8% in 2025 (median 38.9%). Debt-to-equity was 1.19 (median 1.35).
What is the liquidity of S-NETT AS like?
The current ratio was 0.62 in 2025 (median 1.65). Current assets did not cover current liabilities.
How does S-NETT AS compare in Kraft og energi?
S-NETT AS ranks 461 of 865 in Kraft og energi for 2025. Among companies of the same size (small companies) it ranks 366 of 676. Revenue changed by −2.6% from the year before.
From the Central Coordinating Register
- Org. no.
- 923819177
- Legal form
- AS
- Sector
- Kraft og energi (35.140)
- Size tier
- small
- Employees
- 22 registered 10 September 2026
- Founded
- 1 October 2019 7 years in operation
- Share capital
- 0.38 MNOK
- Business address
- Svartvassvegen 6, 6650 SURNADAL
- Municipality
- Surnadal rank 7–29 of 40 in KOSTRA group 1
- 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
- Kjetil Halle
- Chair of the board
- Halvard Fjeldvær
- Board member
- Ellbjørg Haugen Larsen
- Board member
- Kjetil Halle
- Board member
- Håkon Solvik
- Board member
- Torgeir Normann Stenberg
- 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 | 54 | 54 | 48 | |
| Rank | 347 | 346 | 461 | |
| Operating margin | 25.8% | 20.9% | 16.4% | |
| Return on assets | 8.0% | 6.4% | 4.9% | |
| Equity ratio | 43.5% | 45.6% | 45.8% | |
| Current ratio | 0.83 | 0.74 | 0.62 | |
| Revenue growth | – | −4.6% | −2.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 94.4 MNOK | 90.1 MNOK | 87.7 MNOK |
| Operating profit | 24.4 MNOK | 18.8 MNOK | 14.4 MNOK |
| Profit before tax | 18.0 MNOK | 12.4 MNOK | 8.7 MNOK |
| Net profit | 14.1 MNOK | 9.7 MNOK | 6.8 MNOK |
| Financial expenses | 6.7 MNOK | 6.9 MNOK | 6.2 MNOK |
| Total assets | 307.9 MNOK | 301.1 MNOK | 302.3 MNOK |
| Current assets | 31.5 MNOK | 21.6 MNOK | 19.8 MNOK |
| Equity | 134.0 MNOK | 137.4 MNOK | 138.3 MNOK |
| Retained earnings | 132.4 MNOK | 135.8 MNOK | 136.7 MNOK |
| Total liabilities | 173.9 MNOK | 163.7 MNOK | 164.0 MNOK |
| Current liabilities | 37.8 MNOK | 29.4 MNOK | 32.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7172335.
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