ALGAR AS

Org. no. 927377497 · RINGERIKE · Founded 2021

Score · fiscal year 2025

64of 100

How to read this: the company is ahead of 77 % of small companies in the same sector in 2025. What does this mean?

Rank: 8,834 of 38,669 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 49 and solidity 86 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

ALGAR AS is 14 points above the median for small companies in the same sector in 2025.

Median score 50 among 36,109 companies.

Against small companies in the same sector in 2025: operating margin 0.1% (median 2.5%) and equity ratio 90.1% (median 38.3%).

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 revenue5 MNOK3 MNOK
Operating margin 0.1% 2.5% 36 %
Profit margin 2.1% 2.2% shown, not part of the index
Return on assets 9.0% 4.0% 62 %
Equity ratio 90.1% 38.3% 86 %
Debt-to-equity 0.11 0.99 85 %
Current ratio 10.08 1.70 89 %
Revenue growth −15.5% 3.5% 21 %

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 64, ALGAR AS does better than 77% of small companies in the same sector (36,578 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ALGAR AS
  • Median: small companies in the same sector
Summary analysis

ALGAR AS has a score of 64 for 2025, rank 8,834 of 38,669 in the sector.

Strongest: Liquidity: percentile 89 against peers, current ratio 10.08 against a median of 1.70. Solidity: percentile 86 against peers, equity ratio 90.1% against a median of 38.3%.

Weakest: Growth: percentile 21 against peers, revenue growth −15.5% against a median of 3.5%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

ALGAR AS had an operating margin of 0.1% and an equity ratio of 90.1% in 2025, and ranks 8,834 of 38,669 in Handel.

From 2024 to 2025: the equity ratio fell from 107.5% to 90.1% and revenue fell by 16%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 1 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.1 MNOK 10.0 1 MNOK
EV/EBIT Operating profit: 0.0 MNOK
minus net debt −1.2 MNOK
8.0 1 MNOK
P/B Equity: 1.4 MNOK 1.0 1 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

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 28.1% 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.

Stress test · 2017

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

Components · 2025

What the score is made of

Profitability49 weight 30%
Solidity86 weight 25%
Liquidity89 weight 15%
Growth21 weight 15%
Consistency73 weight 15%

Durability: 69 (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 ALGAR AS?

The operating margin was 0.1% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 9.0%.

How solid is ALGAR AS?

The equity ratio was 90.1% in 2025 (median 38.3%). Debt-to-equity was 0.11 (median 0.99).

What is the liquidity of ALGAR AS like?

The current ratio was 10.08 in 2025 (median 1.70).

How does ALGAR AS compare in Handel?

ALGAR AS ranks 8,834 of 38,669 in Handel for 2025. Among companies of the same size (small companies) it ranks 8,292 of 36,578. Revenue changed by −15.5% from the year before.

From the Central Coordinating Register

Org. no.
927377497
Legal form
AS
Sector
Handel (47.780)
Size tier
small
Employees
0–4 (not registered)
Founded
12 June 2021 5 years in operation
Share capital
0.03 MNOK
Business address
Bålerudveien 55, 3518 HØNEFOSS (RINGERIKE)
Municipality
Ringerike rank 6–11 of 13 in KOSTRA group 10
Audit
Audit opted out from 5 July 2021
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

Chair of the board
Gard Rene Klemetsen
Board member
Alexandra-Maria Mihaltan

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.

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Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index786664
Rank2,8017,0548,834
Operating margin22.6%0.6%0.1%
Return on assets71.9%7.1%9.0%
Equity ratio58.6%107.5%90.1%
Current ratio3.37–10.08
Revenue growth–−19.5%−15.5%

Accounts

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

Key figure202320242025
Operating revenue6.7 MNOK5.4 MNOK4.5 MNOK
Operating profit1.5 MNOK0.0 MNOK0.0 MNOK
Profit before tax1.4 MNOK0.1 MNOK0.1 MNOK
Net profit1.1 MNOK0.1 MNOK0.1 MNOK
Financial expenses0.1 MNOK0.0 MNOK0.0 MNOK
Total assets2.1 MNOK1.2 MNOK1.5 MNOK
Current assets2.1 MNOK1.2 MNOK1.5 MNOK
Equity1.2 MNOK1.3 MNOK1.4 MNOK
Retained earnings1.2 MNOK1.3 MNOK1.3 MNOK
Total liabilities0.9 MNOK−0.1 MNOK0.2 MNOK
Current liabilities0.6 MNOK−0.1 MNOK0.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6409641.

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