Vindr AS

Org. no. 924505796 · Oslo · Founded 2020 · 9 employees

Score · fiscal year 2025

47of 100

How to read this: the company is ahead of 44 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 247 of 438 · What are Morning company classes?
Place in the whole sector: 486 of 870 · 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 6 and solidity 97 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Vindr AS is 3 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 −353.9% (median 17.2%) and equity ratio 96.2% (median 38.0%).

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 revenue8 MNOK3 MNOK
Operating margin −353.9% 17.2% 4 %
Profit margin −326.5% 2.3% shown, not part of the index
Return on assets −10.1% 3.8% 7 %
Equity ratio 96.2% 38.0% 97 %
Debt-to-equity 0.04 1.41 97 %
Current ratio 3.47 1.98 70 %
Revenue growth – 1.9% not compared
Revenue per employee0.89 MNOK0.89 MNOK

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 47, Vindr AS does better than 44% of companies in the Morning class Micro in the same sector (438 companies) in 2025.

Over time

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.

Summary analysis

Vindr AS has a score of 47 for 2025, rank 486 of 870 in the sector.

Strongest: Solidity: percentile 97 against peers, equity ratio 96.2% against a median of 38.0%. Liquidity: percentile 70 against peers, current ratio 3.47 against a median of 1.98.

Weakest: Profitability: percentile 6 against peers, operating margin −353.9% against a median of 17.2%. Consistency: percentile 26 against peers.

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

Vindr AS had an operating margin of −353.9% and an equity ratio of 96.2% in 2025, and ranks 486 of 870 in Kraft og energi.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 231 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −26.3 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −28.5 MNOK 8.0 not meaningful
P/B Equity: 230.9 MNOK 1.0 231 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 company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −326.5% (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 −353.9% (median 17.2%).

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

Financial costs were 22.2% 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
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 3.3%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability6 weight 30%
Solidity97 weight 25%
Liquidity70 weight 15%
Growth– no data, left out
Consistency26 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2025

Questions and answers

How profitable is Vindr AS?

The operating margin was −353.9% in 2025, against a median of 17.2% among companies in the Morning class Micro in the same sector. Return on assets was −10.1%. The company made a loss before tax.

How solid is Vindr AS?

The equity ratio was 96.2% in 2025 (median 38.0%). Debt-to-equity was 0.04 (median 1.41).

What is the liquidity of Vindr AS like?

The current ratio was 3.47 in 2025 (median 1.98).

How does Vindr AS compare in Kraft og energi?

Vindr AS ranks 486 of 870 in Kraft og energi for 2025. Among companies in the Morning class Micro it is number 247 of 438.

From the Central Coordinating Register

Org. no.
924505796
Legal form
AS
Sector
Kraft og energi (35.122)
Morning company class
Micro
Employees
9 registered 10 October 2026
Founded
20 January 2020 6 years in operation
Share capital
3.39 MNOK
Business address
Dronning Eufemias gate 16, 0191 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
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

Loading roles …

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.

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index––47
Rank––486
Operating margin––−353.9%
Return on assets−19.4%−18.7%−10.1%
Equity ratio94.4%95.0%96.2%
Current ratio2.805.083.47
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue0.0 MNOK–8.0 MNOK
Operating profit−11.7 MNOK−27.4 MNOK−28.5 MNOK
Profit before tax−11.7 MNOK−26.5 MNOK−26.3 MNOK
Net profit−11.7 MNOK−26.5 MNOK−26.3 MNOK
Financial expenses0.5 MNOK2.6 MNOK2.0 MNOK
Total assets58.0 MNOK128.1 MNOK239.9 MNOK
Current assets9.1 MNOK32.3 MNOK31.3 MNOK
Equity54.8 MNOK121.8 MNOK230.9 MNOK
Retained earnings−16.9 MNOK−43.5 MNOK−69.7 MNOK
Total liabilities3.2 MNOK6.3 MNOK9.0 MNOK
Current liabilities3.2 MNOK6.3 MNOK9.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7100284.