LTR AS
Score · fiscal year 2025
46of 100
How to read this: the company is ahead of 43 % of small companies in the same sector in 2025. What does this mean?
Rank: 12,354 of 21,447 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 17 and solidity 77 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
LTR AS is 4 points below the median for small companies in the same sector in 2025.
Median score 50 among 20,253 companies.
Against small companies in the same sector in 2025: operating margin −16.4% (median 2.1%) and equity ratio 74.8% (median 31.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | −16.4% | 2.1% |
| Profit margin | −16.5% | 1.8% |
| Return on assets | −19.9% | 3.4% |
| Equity ratio | 74.8% | 31.2% |
| Debt-to-equity | 0.34 | 1.13 |
| Current ratio | 2.83 | 1.56 |
| Revenue growth | −34.9% | 3.7% |
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 46, LTR AS does better than 43% of small companies in the same sector (20,537 companies) in 2025.
Score 2023–2025
- LTR AS
- Median: small companies in the same sector
What the numbers say
LTR AS had an operating margin of −16.4% and an equity ratio of 74.8% in 2025, and ranks 12,354 of 21,447 in Handel.
From 2024 to 2025: the operating margin fell from 68.9% to −16.4% and went from a profit to a loss before tax.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 0 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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −16.5% (median 1.8%).
- 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 −16.4% (median 2.1%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
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 0.7%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 17 | weight 30% |
|---|---|---|
| Solidity | 77 | weight 25% |
| Liquidity | 71 | weight 15% |
| Growth | 14 | weight 15% |
| Consistency | 60 | weight 15% |
Durability: 54 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is LTR AS?
The operating margin was −16.4% in 2025, against a median of 2.1% among small companies in the same sector. Return on assets was −19.9%. The company made a loss before tax.
How solid is LTR AS?
The equity ratio was 74.8% in 2025 (median 31.2%). Debt-to-equity was 0.34 (median 1.13).
What is the liquidity of LTR AS like?
The current ratio was 2.83 in 2025 (median 1.56).
How does LTR AS compare in Handel?
LTR AS ranks 12,354 of 21,447 in Handel for 2025. Among companies of the same size (small companies) it ranks 11,656 of 20,537. Revenue changed by −34.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 928949508
- Legal form
- AS
- Sector
- Handel (46.810)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 4 February 2022 4 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Risbakkveien 77, 8984 VEGA
- Municipality
- Vega rank 24 of 25 in KOSTRA group 14
- Audit
- Audit opted out from 18 March 2022
- 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
- Leif Tomas Rautila
- Accountant
- PANZER NORGE AS
Source: Central Coordinating Register, fetched 25 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.
Figures last fetched 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 38 | 77 | 46 | |
| Rank | 14,439 | 1,324 | 12,354 | |
| Operating margin | – | 68.9% | −16.4% | |
| Return on assets | −105.2% | 83.8% | −19.9% | |
| Equity ratio | 73.4% | 66.8% | 74.8% | |
| Current ratio | 2.40 | 2.37 | 2.83 | |
| Revenue growth | – | – | −34.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | 0.9 MNOK | 0.6 MNOK |
| Operating profit | 0.0 MNOK | 0.6 MNOK | −0.1 MNOK |
| Profit before tax | 0.0 MNOK | 0.6 MNOK | −0.1 MNOK |
| Net profit | 0.0 MNOK | 0.5 MNOK | −0.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.0 MNOK | 0.8 MNOK | 0.5 MNOK |
| Current assets | 0.0 MNOK | 0.6 MNOK | 0.3 MNOK |
| Equity | 0.0 MNOK | 0.5 MNOK | 0.4 MNOK |
| Retained earnings | 0.0 MNOK | 0.5 MNOK | 0.3 MNOK |
| Total liabilities | 0.0 MNOK | 0.3 MNOK | 0.1 MNOK |
| Current liabilities | 0.0 MNOK | 0.2 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6682086.
Further
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