TRE E AS

Org. no. 927598957 · OSLO · Founded 2021

Score · fiscal year 2023

8of 100

How to read this: the company is ahead of 4 % of small companies in the same sector in 2023. What does this mean?

Rank: 1,369 of 1,405 · Kraft og energi

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 8 and solidity 0 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

TRE E AS is 41 points below the median for small companies in the same sector in 2023.

Median score 49 among 1,151 companies.

Against small companies in the same sector in 2023: operating margin −141.5% (median 21.3%) and equity ratio −18.5% (median 38.5%).

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 revenue0 MNOK3 MNOK
Operating margin −141.5% 21.3% 8 %
Profit margin −224.1% 16.3% shown, not part of the index
Return on assets −18.8% 3.1% 9 %
Equity ratio −18.5% 38.5% 8 %
Debt-to-equity – 1.02 not compared
Current ratio – 1.65 not compared
Revenue growth – – not compared

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

With an index of 8, TRE E AS does better than 4% of small companies in the same sector (1,156 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025The shaded year is the sector's weakest year, used by the stress test.
  • TRE E AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

TRE E AS had an operating margin of −141.5% and an equity ratio of −18.5% in 2023, and ranks 1,369 of 1,405 in Kraft og energi.

TRE E AS did about the same as the sector in 2025, the sector's weakest year.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −0.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: −0.1 MNOK 1.0 not meaningful

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

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −18.5% (median 38.5%).

  • watch

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

    Based on: Profit margin −224.1% (median 16.3%).

  • 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 −141.5% (median 21.3%).

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

Financial costs were 9.4% 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.

Data quality

  • watch Extreme margin: check the figures
  • critical Negative equity
Stress test · 2025

Scenario analysis: the sector's weakest year

The operating margin was 34.0% in 2025 (sector median 12.6%), and the equity ratio −46.5%. In the other years the operating margin averaged −447.1%.

The sector's weakest year was 2025, with a median operating margin of 12.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability8 weight 30%
Solidity0 weight 25%
Liquidity– no data, left out
Growth– no data, left out
Consistency19 weight 15%

Index version 2. Data completeness 70%: the share of the weights that had data.

2023

Questions and answers

How profitable is TRE E AS?

The operating margin was −141.5% in 2023, against a median of 21.3% among small companies in the same sector. Return on assets was −18.8%. The company made a loss before tax.

How solid is TRE E AS?

The equity ratio was −18.5% in 2023 (median 38.5%). Equity is negative, so liabilities exceed assets.

How does TRE E AS compare in Kraft og energi?

TRE E AS ranks 1,369 of 1,405 in Kraft og energi for 2023. Among companies of the same size (small companies) it ranks 1,115 of 1,156.

From the Central Coordinating Register

Org. no.
927598957
Legal form
AS
Sector
Kraft og energi (35.129)
Size tier
small
Employees
0–4 (not registered)
Founded
5 August 2021 5 years in operation
Share capital
0.03 MNOK
Business address
c/o Sunniva Brennmoen Strypet, Motzfeldts gate 16A, 0187 OSLO
Municipality
Oslo rank 106–282 of 357 in Norway
Audit
Audit opted out from 26 August 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
Sunniva Brennmoen Strypet

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
Index82048
Rank1,3691,364804
Operating margin−141.5%−752.8%34.0%
Return on assets−18.8%−14.5%10.8%
Equity ratio−18.5%−42.6%−46.5%
Current ratio–292.24–
Revenue growth–−88.8%1,360.2%

Accounts

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

Key figure202320242025
Operating revenue0.1 MNOK0.0 MNOK0.1 MNOK
Operating profit−0.1 MNOK−0.1 MNOK0.0 MNOK
Profit before tax−0.2 MNOK−0.1 MNOK0.0 MNOK
Net profit−0.1 MNOK−0.1 MNOK0.0 MNOK
Financial expenses0.1 MNOK0.0 MNOK0.0 MNOK
Total assets0.5 MNOK0.4 MNOK0.3 MNOK
Current assets0.2 MNOK0.1 MNOK0.1 MNOK
Equity−0.1 MNOK−0.2 MNOK−0.2 MNOK
Retained earnings−0.1 MNOK−0.2 MNOK−0.2 MNOK
Total liabilities0.6 MNOK0.6 MNOK0.5 MNOK
Current liabilities–0.0 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5085559.