NOAH ENVIRONMENT AS

Org. no. 925512680 · HOLMESTRAND · Founded 2020 · 9 employees

Score · fiscal year 2025

29of 100

How to read this: the company is ahead of 17 % of small companies in the same sector in 2025. What does this mean?

Rank: 16,941 of 20,440 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 22 and solidity 49 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

NOAH ENVIRONMENT AS is 21 points below the median for small companies in the same sector in 2025.

Median score 50 among 19,508 companies.

Against small companies in the same sector in 2025: operating margin −197.6% (median 3.9%) and equity ratio 35.5% (median 33.3%).

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 revenue13 MNOK5 MNOK
Operating margin −197.6% 3.9% 0 %
Profit margin 83.5% 3.5% shown, not part of the index
Return on assets 6.6% 9.0% 44 %
Equity ratio 35.5% 33.3% 53 %
Debt-to-equity 1.82 1.56 45 %
Current ratio 0.05 1.44 0 %
Revenue growth 7.1% 6.1% 51 %
Revenue per employee1.46 MNOK1.48 MNOK

The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 29, NOAH ENVIRONMENT AS does better than 17% of small companies in the same sector (19,515 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NOAH ENVIRONMENT AS
  • Median: small companies in the same sector
Summary analysis

NOAH ENVIRONMENT AS has a score of 29 for 2025, rank 16,941 of 20,440 in the sector.

Strongest: Growth: percentile 51 against peers, revenue growth 7.1% against a median of 6.1%.

Weakest: Liquidity: percentile 0 against peers, current ratio 0.05 against a median of 1.44. Consistency: percentile 18 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

NOAH ENVIRONMENT AS had an operating margin of −197.6% and an equity ratio of 35.5% in 2025, and ranks 16,941 of 20,440 in Bygg og anlegg.

From 2024 to 2025: the operating margin rose from −227.3% to −197.6% and went from a loss to a profit before tax.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 86 MNOK and 158 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 8.6 MNOK 10.0 86 MNOK
EV/EBIT Operating profit: −26.0 MNOK 8.0 not meaningful
P/B Equity: 157.5 MNOK 1.0 158 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

  • critical

    Consider strengthening liquidity: current liabilities are 21.4 times current assets.

    Based on: Current ratio 0.05 (median 1.44).

  • 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 −197.6% (median 3.9%).

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

Financial costs were 6.3% 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.

Data quality

  • watch Extreme margin: check the figures
Stress test · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability22 weight 30%
Solidity49 weight 25%
Liquidity0 weight 15%
Growth51 weight 15%
Consistency18 weight 15%

Durability: 34 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is NOAH ENVIRONMENT AS?

The operating margin was −197.6% in 2025, against a median of 3.9% among small companies in the same sector. Return on assets was 6.6%.

How solid is NOAH ENVIRONMENT AS?

The equity ratio was 35.5% in 2025 (median 33.3%). Debt-to-equity was 1.82 (median 1.56).

What is the liquidity of NOAH ENVIRONMENT AS like?

The current ratio was 0.05 in 2025 (median 1.44). Current assets did not cover current liabilities.

How does NOAH ENVIRONMENT AS compare in Bygg og anlegg?

NOAH ENVIRONMENT AS ranks 16,941 of 20,440 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 16,123 of 19,515. Revenue changed by 7.1% from the year before.

From the Central Coordinating Register

Org. no.
925512680
Legal form
AS
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
9 registered 10 February 2026
Founded
13 August 2020 6 years in operation
Share capital
0.20 MNOK
Business address
Langgaten 48, 3080 HOLMESTRAND
Municipality
Holmestrand rank 7–14 of 27 in KOSTRA group 9
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
Egil Solheim
Chair of the board
Anders Lægreid
Auditor
PRICEWATERHOUSECOOPERS 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
Index413229
Rank11,76415,58416,941
Operating margin−244.9%−227.3%−197.6%
Return on assets3.9%1.4%6.6%
Equity ratio42.2%39.8%35.5%
Current ratio1.630.110.05
Revenue growth–20.5%7.1%

Accounts

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

Key figure202320242025
Operating revenue10.2 MNOK12.3 MNOK13.2 MNOK
Operating profit−25.0 MNOK−27.9 MNOK−26.0 MNOK
Profit before tax−0.6 MNOK−12.2 MNOK11.0 MNOK
Net profit−0.4 MNOK−5.7 MNOK8.6 MNOK
Financial expenses15.3 MNOK17.4 MNOK18.2 MNOK
Total assets376.1 MNOK367.7 MNOK444.1 MNOK
Current assets61.4 MNOK7.3 MNOK5.5 MNOK
Equity158.6 MNOK146.5 MNOK157.5 MNOK
Retained earnings–––
Total liabilities217.5 MNOK221.2 MNOK286.6 MNOK
Current liabilities37.6 MNOK66.8 MNOK118.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7082243.

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