AARSLEFF RAIL AS

Org. no. 925751189 · TRONDHEIM · Founded 2020 · 86 employees

Score · fiscal year 2025

14of 100

How to read this: the company is ahead of 2 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 15,676 of 16,799 · 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 2 and solidity 28 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

AARSLEFF RAIL AS is 36 points below the median for medium-sized companies in the same sector in 2025.

Median score 50 among 420 companies.

Against medium-sized companies in the same sector in 2025: operating margin −20.4% (median 4.2%) and equity ratio 21.8% (median 32.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue364 MNOK169 MNOK
Operating margin −20.4% 4.2% 2 %
Profit margin −22.2% 4.3% shown, not part of the index
Return on assets −26.1% 10.2% 2 %
Equity ratio 21.8% 32.5% 28 %
Debt-to-equity 3.58 2.05 27 %
Current ratio 1.12 1.39 22 %
Revenue growth −32.7% 6.8% 4 %
Revenue per employee4.23 MNOK3.31 MNOK

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

With an index of 14, AARSLEFF RAIL AS does better than 2% of medium-sized companies in the same sector (422 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • AARSLEFF RAIL AS
  • Median: medium-sized companies in the same sector
Analysis · 2025

What the numbers say

AARSLEFF RAIL AS had an operating margin of −20.4% and an equity ratio of 21.8% in 2025, and ranks 15,676 of 16,799 in Bygg og anlegg.

From 2024 to 2025: the operating margin fell from 0.8% to −20.4% and went from a profit to a loss before tax.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 62 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −75.2 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −74.3 MNOK 8.0 not meaningful
P/B Equity: 61.6 MNOK 1.0 62 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

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −22.2% (median 4.3%).

  • 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 −20.4% (median 4.2%).

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 · 2025

What the score is made of

Profitability2 weight 30%
Solidity28 weight 25%
Liquidity22 weight 15%
Growth4 weight 15%
Consistency17 weight 15%

Durability: 29 (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 AARSLEFF RAIL AS?

The operating margin was −20.4% in 2025, against a median of 4.2% among medium-sized companies in the same sector. Return on assets was −26.1%. The company made a loss before tax.

How solid is AARSLEFF RAIL AS?

The equity ratio was 21.8% in 2025 (median 32.5%). Debt-to-equity was 3.58 (median 2.05).

What is the liquidity of AARSLEFF RAIL AS like?

The current ratio was 1.12 in 2025 (median 1.39).

How does AARSLEFF RAIL AS compare in Bygg og anlegg?

AARSLEFF RAIL AS ranks 15,676 of 16,799 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 414 of 422. Revenue changed by −32.7% from the year before.

From the Central Coordinating Register

Org. no.
925751189
Legal form
AS
Sector
Bygg og anlegg (42.120)
Size tier
medium
Employees
86 registered 10 October 2026
Founded
15 September 2020 6 years in operation
Share capital
23.63 MNOK
Business address
Ratesvingen 1, 7038 TRONDHEIM
Municipality
Trondheim rank 5 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
Thomas Mollerup
Chair of the board
Thomas Mollerup
Board member
Roar Bardal
Board member
Frank Normann
Board member
Karl Johan Kopreitan
Board member
Stine Munk Davidsen
Board member
Marie Kronborg Ellemose
Auditor
BDO 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?

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Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index423214
Rank10,43513,21315,676
Operating margin2.6%0.8%−20.4%
Return on assets7.5%2.4%−26.1%
Equity ratio24.8%24.9%21.8%
Current ratio1.251.151.12
Revenue growth–−10.3%−32.7%

Accounts

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

Key figure202320242025
Operating revenue602.0 MNOK540.1 MNOK363.6 MNOK
Operating profit15.4 MNOK4.2 MNOK−74.3 MNOK
Profit before tax16.7 MNOK3.8 MNOK−80.8 MNOK
Net profit13.0 MNOK2.9 MNOK−75.2 MNOK
Financial expenses0.3 MNOK1.9 MNOK7.0 MNOK
Total assets227.7 MNOK238.6 MNOK282.3 MNOK
Current assets207.9 MNOK199.3 MNOK247.6 MNOK
Equity56.4 MNOK59.3 MNOK61.6 MNOK
Retained earnings47.2 MNOK50.1 MNOK−27.7 MNOK
Total liabilities171.3 MNOK179.3 MNOK220.7 MNOK
Current liabilities166.4 MNOK173.5 MNOK220.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6354145.

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