ALABASTER AS

Org. no. 928117545 · OSLO · Founded 2021 · 7 employees

Score · fiscal year 2025

64of 100

How to read this: the company is ahead of 76 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 1,787 of 7,421 · What are Morning company classes?
Place in the whole sector: 5,458 of 23,059 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 64 and solidity 65 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

ALABASTER AS is 13 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,421 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 5.3% (median 3.4%) and equity ratio 50.5% (median 36.3%).

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 revenue12 MNOK20 MNOK
Operating margin 5.3% 3.4% 63 %
Profit margin 4.3% 3.0% shown, not part of the index
Return on assets 15.4% 10.0% 65 %
Equity ratio 50.5% 36.3% 66 %
Debt-to-equity 0.98 1.52 63 %
Current ratio 2.73 1.73 75 %
Revenue growth 13.3% 5.7% 69 %
Revenue per employee1.78 MNOK2.08 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 64, ALABASTER AS does better than 76% of companies in the Morning class Small in the same sector (7,421 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • ALABASTER AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

ALABASTER AS has a score of 64 for 2025, rank 5,458 of 23,059 in the sector.

Strongest: Liquidity: percentile 75 against peers, current ratio 2.73 against a median of 1.73. Growth: percentile 69 against peers, revenue growth 13.3% against a median of 5.7%.

No area is clearly below its peers.

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

ALABASTER AS had an operating margin of 5.3% and an equity ratio of 50.5% in 2025, and ranks 5,458 of 23,059 in Handel.

From 2024 to 2025: the equity ratio fell from 61.5% to 50.5% and revenue grew by 13%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 4 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.7 MNOK
minus net debt 1.0 MNOK
8.0 4 MNOK
P/B Equity: 2.2 MNOK 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

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 7.0% 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.

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 · 2025

What the score is made of

Profitability64 weight 30%
Solidity65 weight 25%
Liquidity75 weight 15%
Growth69 weight 15%
Consistency47 weight 15%

Durability: 72 (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 ALABASTER AS?

The operating margin was 5.3% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 15.4%.

How solid is ALABASTER AS?

The equity ratio was 50.5% in 2025 (median 36.3%). Debt-to-equity was 0.98 (median 1.52).

What is the liquidity of ALABASTER AS like?

The current ratio was 2.73 in 2025 (median 1.73).

How does ALABASTER AS compare in Handel?

ALABASTER AS ranks 5,458 of 23,059 in Handel for 2025. Among companies in the Morning class Small it is number 1,787 of 7,421. Revenue changed by 13.3% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
928117545
Legal form
AS · part of a group
Sector
Handel (47.559)
Morning company class
Small
Employees
7 registered 10 October 2026
Founded
21 October 2021 5 years in operation
Share capital
0.03 MNOK
Business address
Ullevålsveien 16B, 0171 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
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
Daniel Alexander Sørensen
Auditor
VELLE REVISJON AS
Accountant
ARDAN 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
Index767764
Rank2,7591,4555,458
Operating margin21.7%6.4%5.3%
Return on assets66.3%22.8%15.4%
Equity ratio54.6%61.5%50.5%
Current ratio2.132.182.73
Revenue growth–36.8%13.3%

Accounts

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

Key figure202320242025
Operating revenue8.1 MNOK11.0 MNOK12.5 MNOK
Operating profit1.8 MNOK0.7 MNOK0.7 MNOK
Profit before tax1.7 MNOK0.7 MNOK0.5 MNOK
Net profit1.3 MNOK0.5 MNOK0.4 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.2 MNOK
Total assets2.7 MNOK3.2 MNOK4.4 MNOK
Current assets2.6 MNOK2.7 MNOK3.2 MNOK
Equity1.5 MNOK2.0 MNOK2.2 MNOK
Retained earnings1.4 MNOK1.9 MNOK2.2 MNOK
Total liabilities1.2 MNOK1.2 MNOK2.2 MNOK
Current liabilities1.2 MNOK1.2 MNOK1.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6932636.