Kranfører AS
Score · fiscal year 2024
25of 100
How to read this: the company is ahead of 11 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 1,537 of 1,723 · What are Morning company classes?
Place in the whole sector: 16,803 of 19,404 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 37 and solidity 8 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
Kranfører AS is 26 points below the median for companies in the Morning class Medium in the same sector in 2024.
Median score 51 among 1,723 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin 3.1% (median 4.6%) and equity ratio 10.7% (median 30.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 58 MNOK | 90 MNOK |
| Operating margin | 3.1% | 4.6% |
| Profit margin | 2.0% | 4.6% |
| Return on assets | 8.1% | 11.8% |
| Equity ratio | 10.7% | 30.1% |
| Debt-to-equity | 8.31 | 2.28 |
| Current ratio | 0.54 | 1.39 |
| Revenue growth | 1.0% | 5.7% |
| Revenue per employee | 1.13 MNOK | 2.48 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 25, Kranfører AS does better than 11% of companies in the Morning class Medium in the same sector (1,723 companies) in 2024.
Score 2023–2025
- Kranfører AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Kranfører AS had an operating margin of 3.1% and an equity ratio of 10.7% in 2024, and ranks 16,803 of 19,404 in Bygg og anlegg.
From 2023 to 2024: went from a loss to a profit before tax and the operating margin rose from −0.3% to 3.1%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 2 MNOK and 14 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 8 MNOK |
| EV/EBIT | 8.0 | 14 MNOK |
| P/B | 1.0 | 2 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
Consider strengthening liquidity: current liabilities are 1.9 times current assets.
Based on: Current ratio 0.54 (median 1.39).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.2% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
No anomalies found in the figures.
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
What the score is made of
| Profitability | 37 | weight 30% |
|---|---|---|
| Solidity | 8 | weight 25% |
| Liquidity | 2 | weight 15% |
| Growth | 42 | weight 15% |
| Consistency | 32 | weight 15% |
Durability: 18 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Kranfører AS?
The operating margin was 3.1% in 2024, against a median of 4.6% among companies in the Morning class Medium in the same sector. Return on assets was 8.1%.
How solid is Kranfører AS?
The equity ratio was 10.7% in 2024 (median 30.1%). Debt-to-equity was 8.31 (median 2.28).
What is the liquidity of Kranfører AS like?
The current ratio was 0.54 in 2024 (median 1.39). Current assets did not cover current liabilities.
How does Kranfører AS compare in Bygg og anlegg?
Kranfører AS ranks 16,803 of 19,404 in Bygg og anlegg for 2024. Among companies in the Morning class Medium it is number 1,537 of 1,723. Revenue changed by 1.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 925777218
- Legal form
- AS
- Sector
- Bygg og anlegg (43.990)
- Morning company class
- Medium
- Employees
- 51 registered 10 October 2026
- Founded
- 12 August 2020 6 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Mosseveien 104, 1624 GRESSVIK (FREDRIKSTAD)
- Municipality
- Fredrikstad rank 11 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
- Chris Andre Vadseth
- Chair of the board
- Chris Andre Vadseth
- Auditor
- Center Revisjon 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 | 11 | 25 | 10 | |
| Rank | 17,097 | 16,803 | 19,821 | |
| Operating margin | −0.3% | 3.1% | −3.4% | |
| Return on assets | −1.0% | 8.1% | −12.1% | |
| Equity ratio | 8.2% | 10.7% | 3.8% | |
| Current ratio | 0.53 | 0.54 | 0.48 | |
| Revenue growth | – | 1.0% | −40.2% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 57.3 MNOK | 57.9 MNOK | 34.6 MNOK |
| Operating profit | −0.2 MNOK | 1.8 MNOK | −1.2 MNOK |
| Profit before tax | −0.6 MNOK | 1.2 MNOK | −1.8 MNOK |
| Net profit | −0.6 MNOK | 0.8 MNOK | −1.8 MNOK |
| Financial expenses | 0.4 MNOK | 0.6 MNOK | – |
| Total assets | 19.5 MNOK | 22.5 MNOK | 15.2 MNOK |
| Current assets | 9.0 MNOK | 9.4 MNOK | 5.6 MNOK |
| Equity | 1.6 MNOK | 2.4 MNOK | 0.6 MNOK |
| Retained earnings | 1.6 MNOK | 2.4 MNOK | 0.5 MNOK |
| Total liabilities | 17.9 MNOK | 20.1 MNOK | 14.6 MNOK |
| Current liabilities | 16.8 MNOK | 17.5 MNOK | 11.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5984367.
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