DE NETT AS
Score · fiscal year 2024
44of 100
How to read this: the company is ahead of 34 % of small companies in the same sector in 2024. What does this mean?
Rank: 557 of 845 · Kraft og energi
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 40 and solidity 32 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
DE NETT AS is 7 points below the median for small companies in the same sector in 2024.
Median score 51 among 665 companies.
Against small companies in the same sector in 2024: operating margin 13.9% (median 15.9%) and equity ratio 25.5% (median 37.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 38 MNOK | 5 MNOK |
| Operating margin | 13.9% | 15.9% |
| Profit margin | 5.5% | 8.2% |
| Return on assets | 1.9% | 4.8% |
| Equity ratio | 25.5% | 37.8% |
| Debt-to-equity | 2.93 | 1.47 |
| Current ratio | 1.44 | 1.62 |
| Revenue growth | −5.2% | −8.5% |
| Revenue per employee | 2.72 MNOK | 2.73 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 44, DE NETT AS does better than 34% of small companies in the same sector (665 companies) in 2024.
Score 2023–2025
- DE NETT AS
- Median: small companies in the same sector
What the numbers say
DE NETT AS had an operating margin of 13.9% and an equity ratio of 25.5% in 2024, and ranks 557 of 845 in Kraft og energi.
From 2023 to 2024: the operating margin fell from 23.3% to 13.9%.
DE NETT 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 18 MNOK and 43 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 18 MNOK |
| EV/EBIT | 8.0 | 43 MNOK |
| P/B | 1.0 | 28 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 0.0% 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 15.7% in 2025 (sector median 15.8%), and the equity ratio 26.8%. In the other years the operating margin averaged 18.6%.
The sector's weakest year was 2025, with a median operating margin of 15.8%. 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 | 40 | weight 30% |
|---|---|---|
| Solidity | 32 | weight 25% |
| Liquidity | 44 | weight 15% |
| Growth | 55 | weight 15% |
| Consistency | 60 | weight 15% |
Durability: 43 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is DE NETT AS?
The operating margin was 13.9% in 2024, against a median of 15.9% among small companies in the same sector. Return on assets was 1.9%.
How solid is DE NETT AS?
The equity ratio was 25.5% in 2024 (median 37.8%). Debt-to-equity was 2.93 (median 1.47).
What is the liquidity of DE NETT AS like?
The current ratio was 1.44 in 2024 (median 1.62).
How does DE NETT AS compare in Kraft og energi?
DE NETT AS ranks 557 of 845 in Kraft og energi for 2024. Among companies of the same size (small companies) it ranks 436 of 665. Revenue changed by −5.2% 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.
From the Central Coordinating Register
- Org. no.
- 924862602
- Legal form
- AS · part of a group
- Sector
- Kraft og energi (35.140)
- Size tier
- small
- Employees
- 14 registered 10 June 2026
- Founded
- 13 March 2020 6 years in operation
- Share capital
- 3.65 MNOK
- Business address
- Gudbrandsveien 28, 3750 DRANGEDAL
- Municipality
- Drangedal rank 34 of 39 in KOSTRA group 4
- Latest accounts filed
- 2025
- Website
- www.denett.no
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
- Jan Gunnar Tors
- Chair of the board
- Magnus Straume
- Board member
- Ann Kristin Kåsi
- Board member
- Synnøve Kveven
- Board member
- Jan Kristian Øverdal
- Board member
- Tor Peder Lohne
- Board member
- Kristin Leine Flom
- Deputy member
- Knut Bøen
- Deputy member
- Ole Kristian Bøe
- Deputy member
- Jan Olav Øygarden
- Deputy member
- Inger Agnete Reppen Vrålstad
- Deputy member
- Kari Tisjø
- Auditor
- REVISORTEAM TINN OG VEST-TELEMARK 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 | 41 | 44 | 51 | |
| Rank | 563 | 557 | 420 | |
| Operating margin | 23.3% | 13.9% | 15.7% | |
| Return on assets | 6.5% | 1.9% | 5.9% | |
| Equity ratio | 24.8% | 25.5% | 26.8% | |
| Current ratio | 0.93 | 1.44 | 1.87 | |
| Revenue growth | – | −5.2% | 5.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 40.2 MNOK | 38.1 MNOK | 40.1 MNOK |
| Operating profit | 9.3 MNOK | 5.3 MNOK | 6.3 MNOK |
| Profit before tax | 7.0 MNOK | 2.1 MNOK | 3.8 MNOK |
| Net profit | 5.0 MNOK | 1.8 MNOK | 3.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 3.1 MNOK |
| Total assets | 107.5 MNOK | 111.8 MNOK | 118.3 MNOK |
| Current assets | 16.2 MNOK | 16.5 MNOK | 21.8 MNOK |
| Equity | 26.7 MNOK | 28.5 MNOK | 31.7 MNOK |
| Retained earnings | 15.5 MNOK | 17.2 MNOK | 20.5 MNOK |
| Total liabilities | 80.8 MNOK | 83.3 MNOK | 86.6 MNOK |
| Current liabilities | 17.4 MNOK | 11.5 MNOK | 11.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5999969.
Further
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