ROALD MADSEN AS

Org. no. 925510610 · TROMSØ · Founded 2020 · 85 employees

Score · fiscal year 2023

48of 100

How to read this: the company is ahead of 47 % of medium-sized companies in the same sector in 2023. What does this mean?

Rank: 11,888 of 22,175 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 30 and solidity 77 out of 100 among medium-sized companies in the same sector in 2023. Methodology

Against the sector

ROALD MADSEN AS is 2 points below the median for medium-sized companies in the same sector in 2023.

Median score 50 among 660 companies.

Against medium-sized companies in the same sector in 2023: operating margin 2.4% (median 4.4%) and equity ratio 44.3% (median 29.7%).

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 revenue261 MNOK177 MNOK
Operating margin 2.4% 4.4% 34 %
Profit margin 1.6% 4.4% shown, not part of the index
Return on assets 3.2% 9.5% 27 %
Equity ratio 44.3% 29.7% 78 %
Debt-to-equity 1.26 2.26 77 %
Current ratio 1.55 1.32 70 %
Revenue growth – 18.8% not compared
Revenue per employee3.07 MNOK3.04 MNOK

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

With an index of 48, ROALD MADSEN AS does better than 47% of medium-sized companies in the same sector (660 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ROALD MADSEN AS
  • Median: medium-sized companies in the same sector
Analysis · 2023

What the numbers say

ROALD MADSEN AS had an operating margin of 2.4% and an equity ratio of 44.3% in 2023, and ranks 11,888 of 22,175 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 34 MNOK and 109 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 3.4 MNOK 10.0 34 MNOK
EV/EBIT Operating profit: 6.1 MNOK
minus net debt 11.8 MNOK
8.0 37 MNOK
P/B Equity: 109.5 MNOK 1.0 109 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 · 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 2.1%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability30 weight 30%
Solidity77 weight 25%
Liquidity70 weight 15%
Growth– no data, left out
Consistency13 weight 15%

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

2023

Questions and answers

How profitable is ROALD MADSEN AS?

The operating margin was 2.4% in 2023, against a median of 4.4% among medium-sized companies in the same sector. Return on assets was 3.2%.

How solid is ROALD MADSEN AS?

The equity ratio was 44.3% in 2023 (median 29.7%). Debt-to-equity was 1.26 (median 2.26).

What is the liquidity of ROALD MADSEN AS like?

The current ratio was 1.55 in 2023 (median 1.32).

How does ROALD MADSEN AS compare in Bygg og anlegg?

ROALD MADSEN AS ranks 11,888 of 22,175 in Bygg og anlegg for 2023. Among companies of the same size (medium-sized companies) it ranks 350 of 660.

Public contracts

Contracts awarded since 2024
2
Total awarded value since 2024
value not stated
1 contracts without a stated value are not in the total.
Framework agreements
1
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
25 September 2026 Tromsø kommune Bortkjøring av snø, transport av grus/pukk og transport av maskiner 7.6 MNOK (framework) 34000000
24 June 2025 Bodø kommune 2024/1253 - Anskaffelse av rammeavtale for mindre anleggsoppdrag value not stated 45232450
24 September 2021 AVINOR AS Tromsø lufthavn - K-190024 - Innleie av personell til vintervedlikehold value not stated 90000000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
925510610
Legal form
AS
Sector
Bygg og anlegg (43.120)
Size tier
medium
Employees
85 registered 10 October 2026
Founded
1 July 2020 6 years in operation
Share capital
1.29 MNOK
Business address
Ringvegen 133, 9018 TROMSØ
Municipality
Tromsø rank 5–9 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
Rune Øien Madsen
Chair of the board
Rune Øien Madsen
Board member
Wiggo Brox
Auditor
REVISORKOMPANIET TROMSØ AS

Source: Central Coordinating Register, fetched 25 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
Index486367
Rank11,8886,2574,479
Operating margin2.4%5.9%9.2%
Return on assets3.2%9.9%13.2%
Equity ratio44.3%54.3%48.9%
Current ratio1.553.012.12
Revenue growth–−9.7%5.8%

Accounts

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

Key figure202320242025
Operating revenue261.2 MNOK235.8 MNOK249.4 MNOK
Operating profit6.1 MNOK13.9 MNOK23.0 MNOK
Profit before tax4.1 MNOK16.6 MNOK25.6 MNOK
Net profit3.4 MNOK12.9 MNOK19.9 MNOK
Financial expenses3.7 MNOK5.6 MNOK2.2 MNOK
Total assets247.0 MNOK225.4 MNOK210.4 MNOK
Current assets181.7 MNOK165.3 MNOK179.5 MNOK
Equity109.5 MNOK122.4 MNOK102.9 MNOK
Retained earnings3.4 MNOK16.3 MNOK13.8 MNOK
Total liabilities137.5 MNOK103.1 MNOK107.5 MNOK
Current liabilities117.1 MNOK54.9 MNOK84.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5283759.