SOLGAARD HOLDING AS
Score · fiscal year 2025
69of 100
How to read this: the company is ahead of 86 % of small companies in the same sector in 2025. What does this mean?
Rank: 5,624 of 38,670 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 83 and solidity 89 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
SOLGAARD HOLDING AS is 19 points above the median for small companies in the same sector in 2025.
Median score 50 among 36,110 companies.
Against small companies in the same sector in 2025: operating margin 87.1% (median 2.5%) and equity ratio 94.6% (median 38.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 87.1% | 2.5% |
| Profit margin | −109.0% | 2.2% |
| Return on assets | 11.7% | 4.0% |
| Equity ratio | 94.6% | 38.3% |
| Debt-to-equity | 0.06 | 0.99 |
| Current ratio | 3.59 | 1.70 |
| Revenue growth | −72.5% | 3.5% |
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 69, SOLGAARD HOLDING AS does better than 86% of small companies in the same sector (36,579 companies) in 2025.
Score 2023–2025
- SOLGAARD HOLDING AS
- Median: small companies in the same sector
SOLGAARD HOLDING AS has a score of 69 for 2025, rank 5,624 of 38,670 in the sector.
Strongest: Solidity: percentile 89 against peers, equity ratio 94.6% against a median of 38.3%. Profitability: percentile 83 against peers, operating margin 87.1% against a median of 2.5%.
Weakest: Growth: percentile 5 against peers, revenue growth −72.5% against a median of 3.5%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −109.0% (median 2.2%).
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
SOLGAARD HOLDING AS had an operating margin of 87.1% and an equity ratio of 94.6% in 2025, and ranks 5,624 of 38,670 in Handel.
From 2024 to 2025: went from a profit to a loss before tax and revenue fell by 72%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 5 MNOK and 10 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 5 MNOK |
| P/B | 1.0 | 10 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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −109.0% (median 2.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 356.3% 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
No anomalies found in the figures.
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
What the score is made of
| Profitability | 83 | weight 30% |
|---|---|---|
| Solidity | 89 | weight 25% |
| Liquidity | 75 | weight 15% |
| Growth | 5 | weight 15% |
| Consistency | 64 | weight 15% |
Durability: 80 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is SOLGAARD HOLDING AS?
The operating margin was 87.1% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 11.7%. The company made a loss before tax.
How solid is SOLGAARD HOLDING AS?
The equity ratio was 94.6% in 2025 (median 38.3%). Debt-to-equity was 0.06 (median 0.99).
What is the liquidity of SOLGAARD HOLDING AS like?
The current ratio was 3.59 in 2025 (median 1.70).
How does SOLGAARD HOLDING AS compare in Handel?
SOLGAARD HOLDING AS ranks 5,624 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 5,293 of 36,579. Revenue changed by −72.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 925582433
- Legal form
- AS
- Sector
- Handel (46.322)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 21 August 2020 6 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o Tobias Solgaard, Skorgevikvegen 149, 6390 VESTNES
- Municipality
- Vestnes rank 11–29 of 39 in KOSTRA group 4
- Latest accounts filed
- 2025
- LEI
- 8945007ODUAUUBS80E73 renews 15 January 2027
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
- Tobias Solgaard
- Chair of the board
- Tobias Solgaard
- Auditor
- MOLDE REVISJON AS
- Accountant
- IREGNSKAP 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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 92 | 80 | 69 | |
| Rank | 258 | 1,433 | 5,624 | |
| Operating margin | 98.8% | 97.8% | 87.1% | |
| Return on assets | 66.8% | 32.4% | 11.7% | |
| Equity ratio | 89.8% | 94.0% | 94.6% | |
| Current ratio | 5.99 | 9.17 | 3.59 | |
| Revenue growth | – | −10.6% | −72.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.9 MNOK | 2.6 MNOK | 0.7 MNOK |
| Operating profit | 2.9 MNOK | 2.6 MNOK | 0.6 MNOK |
| Profit before tax | 6.0 MNOK | 3.7 MNOK | −0.8 MNOK |
| Net profit | 5.3 MNOK | 3.1 MNOK | −0.9 MNOK |
| Financial expenses | 0.0 MNOK | 0.1 MNOK | 2.0 MNOK |
| Total assets | 8.9 MNOK | 11.8 MNOK | 10.3 MNOK |
| Current assets | 5.4 MNOK | 6.5 MNOK | 2.0 MNOK |
| Equity | 8.0 MNOK | 11.1 MNOK | 9.8 MNOK |
| Retained earnings | 8.0 MNOK | 11.1 MNOK | 9.8 MNOK |
| Total liabilities | 0.9 MNOK | 0.7 MNOK | 0.6 MNOK |
| Current liabilities | 0.9 MNOK | 0.7 MNOK | 0.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6740168.
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