GEM HOLDING AS
Score · fiscal year 2024
44of 100
How to read this: the company is ahead of 39 % of small companies in the same sector in 2024. What does this mean?
Rank: 22,737 of 37,175 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 37 and solidity 78 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
GEM HOLDING AS is 6 points below the median for small companies in the same sector in 2024.
Median score 50 among 34,772 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 2.2% |
| Profit margin | – | 2.0% |
| Return on assets | 0.0% | 3.7% |
| Equity ratio | 79.8% | 38.3% |
| Debt-to-equity | 0.25 | 0.97 |
| Current ratio | 0.00 | 1.68 |
| Revenue growth | – | 2.2% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 44, GEM HOLDING AS does better than 39% of small companies in the same sector (34,889 companies) in 2024.
Score 2023–2025
- GEM HOLDING AS
- Median: small companies in the same sector
What the numbers say
GEM HOLDING AS had an operating margin of – and an equity ratio of 79.8% in 2024, and ranks 22,737 of 37,175 in Handel.
No large changes in the key figures from 2023 to 2024.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 70 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 70 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
- critical
Consider strengthening liquidity: current liabilities are 582.3 times current assets.
Based on: Current ratio 0.00 (median 1.68).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 2.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
- watch No revenue but large assets
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 | 37 | weight 30% |
|---|---|---|
| Solidity | 78 | weight 25% |
| Liquidity | 2 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 46 | weight 15% |
Durability: 50 (average over 2 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is GEM HOLDING AS?
The operating margin was – in 2024, against a median of 2.2% among small companies in the same sector. Return on assets was 0.0%. The company made a loss before tax.
How solid is GEM HOLDING AS?
The equity ratio was 79.8% in 2024 (median 38.3%). Debt-to-equity was 0.25 (median 0.97).
What is the liquidity of GEM HOLDING AS like?
The current ratio was 0.00 in 2024 (median 1.68). Current assets did not cover current liabilities.
How does GEM HOLDING AS compare in Handel?
GEM HOLDING AS ranks 22,737 of 37,175 in Handel for 2024. Among companies of the same size (small companies) it ranks 21,274 of 34,889.
Group accounts · 2025
58 of 100
Rank 502 of 1507 groups with group accounts. Groups are ranked only against each other, not against single companies.
- Operating revenue, group
- 530 MNOK
- Operating profit, group
- 8 MNOK
- Profit before tax, group
- 12 MNOK
- Total assets, group
- 191 MNOK
- Equity, group
- 124 MNOK
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | 1.5% | – |
| Return on assets | 10.8% | – |
| Equity ratio | 64.8% | – |
| Current ratio | 2.27 | – |
| Revenue growth | −4.9% | – |
Group index in earlier years: 2023: 73 (313 of 1951), 2024: 46 (907 of 1561).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 925790915
- Legal form
- AS
- Sector
- Handel (46.810)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 10 September 2020 6 years in operation
- Share capital
- 0.83 MNOK
- Business address
- Samuel Arnesens gate 10, 9008 TROMSØ
- Municipality
- Tromsø rank 9 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 64881EB970MUC7JG6761 renews 25 May 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
- Chair of the board
- Bjarte Røyrvik
- Board member
- Erik Mathisen
- Auditor
- REVICOM AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 55 | 44 | 81 | |
| Rank | 14,372 | 22,737 | 1,088 | |
| Operating margin | – | – | – | |
| Return on assets | −0.1% | 0.0% | 28.5% | |
| Equity ratio | 83.9% | 79.8% | 85.9% | |
| Current ratio | 0.46 | 0.00 | 1.93 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | 0.0 MNOK | 0.0 MNOK | 34.9 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | 34.8 MNOK |
| Financial expenses | – | – | – |
| Total assets | 95.0 MNOK | 88.0 MNOK | 122.3 MNOK |
| Current assets | 7.0 MNOK | 0.0 MNOK | 33.4 MNOK |
| Equity | 79.8 MNOK | 70.2 MNOK | 105.0 MNOK |
| Retained earnings | 78.9 MNOK | 69.4 MNOK | 104.2 MNOK |
| Total liabilities | 15.3 MNOK | 17.8 MNOK | 17.3 MNOK |
| Current liabilities | 15.3 MNOK | 17.8 MNOK | 17.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6289941.
Further
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