Solgrid AS
Score · fiscal year 2025
40of 100
How to read this: the company is ahead of 32 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 300 of 438 · What are Morning company classes?
Place in the whole sector: 614 of 863 · 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 3 and solidity 91 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Solgrid AS is 10 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 438 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin −1,698.8% (median 17.2%) and equity ratio 88.5% (median 38.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | −1,698.8% | 17.2% |
| Profit margin | −2,391.0% | 2.3% |
| Return on assets | −21.3% | 3.8% |
| Equity ratio | 88.5% | 38.0% |
| Debt-to-equity | 0.13 | 1.41 |
| Current ratio | 0.93 | 1.98 |
| Revenue growth | 24.7% | 1.9% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 40, Solgrid AS does better than 32% of companies in the Morning class Micro in the same sector (438 companies) in 2025.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
Solgrid AS has a score of 40 for 2025, rank 614 of 863 in the sector.
Strongest: Solidity: percentile 91 against peers, equity ratio 88.5% against a median of 38.0%. Growth: percentile 78 against peers, revenue growth 24.7% against a median of 1.9%.
Weakest: Profitability: percentile 3 against peers, operating margin −1,698.8% against a median of 17.2%. Consistency: percentile 10 against peers.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.1 times current assets. Based on: current ratio 0.93 (median 1.98).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −2,391.0% (median 2.3%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −1,698.8% (median 17.2%).
- What lies behind weak profitability, 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
Solgrid AS had an operating margin of −1,698.8% and an equity ratio of 88.5% in 2025, and ranks 614 of 863 in Kraft og energi.
From 2024 to 2025: the operating margin rose from −3,453.7% to −1,698.8% and revenue grew by 25%.
Solgrid AS did weaker than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 58 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 58 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 1.1 times current assets.
Based on: Current ratio 0.93 (median 1.98).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −2,391.0% (median 2.3%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −1,698.8% (median 17.2%).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 24.7% (median 1.9%); Current ratio 0.93 (median 1.98).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 150.2% 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.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Extreme margin: check the figures
Scenario analysis: the sector's weakest year
The operating margin was −1,698.8% in 2025 (sector median 16.1%), and the equity ratio 88.5%. The company had a loss before tax that year. In the other years the operating margin averaged −3,192.4%.
The sector's weakest year was 2025, with a median operating margin of 16.1%. 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 | 3 | weight 30% |
|---|---|---|
| Solidity | 91 | weight 25% |
| Liquidity | 21 | weight 15% |
| Growth | 78 | weight 15% |
| Consistency | 10 | weight 15% |
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Solgrid AS?
The operating margin was −1,698.8% in 2025, against a median of 17.2% among companies in the Morning class Micro in the same sector. Return on assets was −21.3%. The company made a loss before tax.
How solid is Solgrid AS?
The equity ratio was 88.5% in 2025 (median 38.0%). Debt-to-equity was 0.13 (median 1.41).
What is the liquidity of Solgrid AS like?
The current ratio was 0.93 in 2025 (median 1.98). Current assets did not cover current liabilities.
How does Solgrid AS compare in Kraft og energi?
Solgrid AS ranks 614 of 863 in Kraft og energi for 2025. Among companies in the Morning class Micro it is number 300 of 438. Revenue changed by 24.7% from the year before.
From the Central Coordinating Register
- Org. no.
- 924462779
- Legal form
- AS
- Sector
- Kraft og energi (35.123)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 12 November 2019 6 years in operation
- Share capital
- 0.91 MNOK
- Business address
- Brogata 7, 2000 LILLESTRØM
- Municipality
- Lillestrøm rank 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
- Magnus Berg Johansen
- Chair of the board
- Thorvald Helmen Steen
- Board member
- Jørgen Pleym Ulvness
- Board member
- Aleksandra Isabel Sem
- Auditor
- Cedra Norge AS
- Accountant
- Obligo Corporate Services 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 | – | – | 40 | |
| Rank | – | – | 614 | |
| Operating margin | −2,931.1% | −3,453.7% | −1,698.8% | |
| Return on assets | −15.3% | −27.5% | −21.3% | |
| Equity ratio | 93.9% | 84.5% | 88.5% | |
| Current ratio | 13.95 | 1.06 | 0.93 | |
| Revenue growth | – | −3.3% | 24.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.9 MNOK | 0.8 MNOK | 1.1 MNOK |
| Operating profit | −25.8 MNOK | −29.3 MNOK | −18.0 MNOK |
| Profit before tax | −24.9 MNOK | −46.8 MNOK | −25.3 MNOK |
| Net profit | −19.4 MNOK | −59.4 MNOK | −25.3 MNOK |
| Financial expenses | 0.8 MNOK | 20.3 MNOK | 11.3 MNOK |
| Total assets | 157.3 MNOK | 96.5 MNOK | 65.8 MNOK |
| Current assets | 66.9 MNOK | 11.9 MNOK | 4.3 MNOK |
| Equity | 147.7 MNOK | 81.6 MNOK | 58.2 MNOK |
| Retained earnings | −21.5 MNOK | −87.7 MNOK | −113.0 MNOK |
| Total liabilities | 9.6 MNOK | 14.9 MNOK | 7.6 MNOK |
| Current liabilities | 4.8 MNOK | 11.3 MNOK | 4.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7096720.
Further
Similar companies
- Ytre Oppedal Kraftverk AS index 40, rank 607 · compare
- Buset Kraft AS index 40, rank 608 · compare
- Nes Bioenergi AS index 40, rank 613 · compare
- K2 Nord AS index 40, rank 617 · compare
- Økstra Kraft AS index 40, rank 619 · compare