MODTECH AS

Org. no. 925178209 · BERGEN · Founded 2020

Score · fiscal year 2023

65of 100

How to read this: the company is ahead of 76 % of small companies in the same sector in 2023. What does this mean?

Rank: 8,385 of 34,740 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 97 and solidity 58 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

MODTECH AS is 15 points above the median for small companies in the same sector in 2023.

Median score 50 among 32,562 companies.

Against small companies in the same sector in 2023: operating margin 39.4% (median 2.5%) and equity ratio 53.9% (median 39.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue0 MNOK4 MNOK
Operating margin 39.4% 2.5% 94 %
Profit margin 39.6% 2.2% shown, not part of the index
Return on assets 116.9% 4.0% 99 %
Equity ratio 53.9% 39.1% 62 %
Debt-to-equity 0.86 1.00 54 %
Current ratio 2.17 1.70 60 %
Revenue growth – 0.0% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 65, MODTECH AS does better than 76% of small companies in the same sector (32,646 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • MODTECH AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

MODTECH AS had an operating margin of 39.4% and an equity ratio of 53.9% in 2023, and ranks 8,385 of 34,740 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 0 MNOK and 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 0 MNOK
EV/EBIT Operating profit: 0.0 MNOK
minus net debt 0.0 MNOK
8.0 0 MNOK
P/B Equity: 0.0 MNOK 1.0 0 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 · 2023

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.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability97 weight 30%
Solidity58 weight 25%
Liquidity60 weight 15%
Growth– no data, left out
Consistency21 weight 15%

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

2023

Questions and answers

How profitable is MODTECH AS?

The operating margin was 39.4% in 2023, against a median of 2.5% among small companies in the same sector. Return on assets was 116.9%.

How solid is MODTECH AS?

The equity ratio was 53.9% in 2023 (median 39.1%). Debt-to-equity was 0.86 (median 1.00).

What is the liquidity of MODTECH AS like?

The current ratio was 2.17 in 2023 (median 1.70).

How does MODTECH AS compare in Handel?

MODTECH AS ranks 8,385 of 34,740 in Handel for 2023. Among companies of the same size (small companies) it ranks 7,858 of 32,646.

From the Central Coordinating Register

Org. no.
925178209
Legal form
AS
Sector
Handel (47.631)
Size tier
small
Employees
0–4 (not registered)
Founded
14 May 2020 6 years in operation
Share capital
0.03 MNOK
Business address
Nordre Skogveien 18, 5057 BERGEN
Municipality
Bergen rank 9 of 11 in KOSTRA group 12
Audit
Audit opted out from 10 June 2020
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
Mats Kleppe
Chair of the board
Mats Kleppe
Accountant
AIDER 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.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index657273
Rank8,3853,9233,623
Operating margin39.4%12.4%32.4%
Return on assets116.9%22.8%30.1%
Equity ratio53.9%95.1%57.6%
Current ratio2.1720.242.36
Revenue growth–−53.6%42.5%

Accounts

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

Key figure202320242025
Operating revenue0.1 MNOK0.1 MNOK0.1 MNOK
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.0 MNOK0.0 MNOK0.0 MNOK
Net profit0.0 MNOK0.0 MNOK0.0 MNOK
Financial expenses–0.0 MNOK0.0 MNOK
Total assets0.0 MNOK0.0 MNOK0.1 MNOK
Current assets0.0 MNOK0.0 MNOK0.1 MNOK
Equity0.0 MNOK0.0 MNOK0.0 MNOK
Retained earnings0.0 MNOK0.0 MNOK0.0 MNOK
Total liabilities0.0 MNOK0.0 MNOK0.0 MNOK
Current liabilities0.0 MNOK0.0 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4630583.

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