Kempower AS

Org. no. 926667645 · Nannestad · Founded 2021 · 18 employees

Score · fiscal year 2023

73of 100

How to read this: the company is ahead of 82 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?

Rank in the Morning class Medium: 595 of 3,284 · What are Morning company classes?
Place in the whole sector: 3,573 of 21,201 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 90 and solidity 61 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology

Against the sector

Kempower AS is 23 points above the median for companies in the Morning class Medium in the same sector in 2023.

Median score 50 among 3,284 companies.

Against companies in the Morning class Medium in the same sector in 2023: operating margin 12.1% (median 2.9%) and equity ratio 36.7% (median 29.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue115 MNOK91 MNOK
Operating margin 12.1% 2.9% 91 %
Profit margin 12.0% 2.7% shown, not part of the index
Return on assets 28.4% 11.6% 88 %
Equity ratio 36.7% 29.5% 62 %
Debt-to-equity 1.72 2.32 61 %
Current ratio 1.53 1.39 58 %
Revenue growth – 5.2% not compared
Revenue per employee6.40 MNOK4.75 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 73, Kempower AS does better than 82% of companies in the Morning class Medium in the same sector (3,284 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Kempower AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2023

What the numbers say

Kempower AS had an operating margin of 12.1% and an equity ratio of 36.7% in 2023, and ranks 3,573 of 21,201 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 18 MNOK and 125 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 10.8 MNOK 10.0 108 MNOK
EV/EBIT Operating profit: 13.9 MNOK
minus net debt −13.4 MNOK
8.0 125 MNOK
P/B Equity: 18.0 MNOK 1.0 18 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 · 2023

Worth a closer look

No rules were triggered for this year.

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

Financial costs were 0.2% of the debt in 2023. The policy rate averaged 3.54 % 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.

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability90 weight 30%
Solidity61 weight 25%
Liquidity58 weight 15%
Growth– no data, left out
Consistency72 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Kempower AS?

The operating margin was 12.1% in 2023, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 28.4%.

How solid is Kempower AS?

The equity ratio was 36.7% in 2023 (median 29.5%). Debt-to-equity was 1.72 (median 2.32).

What is the liquidity of Kempower AS like?

The current ratio was 1.53 in 2023 (median 1.39).

How does Kempower AS compare in Handel?

Kempower AS ranks 3,573 of 21,201 in Handel for 2023. Among companies in the Morning class Medium it is number 595 of 3,284.

From the Central Coordinating Register

Org. no.
926667645
Legal form
AS
Sector
Handel (47.820)
Morning company class
Medium
Employees
18 registered 10 July 2026
Founded
5 February 2021 5 years in operation
Share capital
0.03 MNOK
Business address
Ulvedalsvegen 8, 2030 NANNESTAD
Municipality
Nannestad rank 17–38 of 38 in KOSTRA group 7
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
Johanna Paulina Toivo
Chair of the board
Johanna Paulina Toivo
Board member
Jostein Funderud Iversen
Board member
Sanna Meri Tuuli Lehti
Auditor
ERNST & Young AS
Accountant
Staria Norway AS
Accountant
Azets Insight AS
Accountant
Ecit Services 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 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index737077
Rank3,5733,4021,374
Operating margin12.1%9.4%6.0%
Return on assets28.4%18.4%18.6%
Equity ratio36.7%37.2%57.2%
Current ratio1.531.542.26
Revenue growth–30.9%22.0%

Accounts

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

Key figure202320242025
Operating revenue115.3 MNOK150.9 MNOK184.1 MNOK
Operating profit13.9 MNOK14.3 MNOK11.1 MNOK
Profit before tax13.8 MNOK14.4 MNOK12.5 MNOK
Net profit10.8 MNOK11.2 MNOK9.7 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets48.9 MNOK78.4 MNOK67.9 MNOK
Current assets47.5 MNOK75.9 MNOK65.7 MNOK
Equity18.0 MNOK29.2 MNOK38.9 MNOK
Retained earnings17.9 MNOK29.2 MNOK38.8 MNOK
Total liabilities31.0 MNOK49.3 MNOK29.0 MNOK
Current liabilities31.0 MNOK49.3 MNOK29.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5195189.