DIVCON AS

Org. no. 929349814 · KONGSBERG · Founded 2022

Score · fiscal year 2025

70of 100

How to read this: the company is ahead of 86 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 764 of 5,567 · What are Morning company classes?
Place in the whole sector: 2,984 of 20,428 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 94 and solidity 52 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

DIVCON AS is 19 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 5,567 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 17.5% (median 4.5%) and equity ratio 36.9% (median 34.2%).

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 revenue13 MNOK19 MNOK
Operating margin 17.5% 4.5% 93 %
Profit margin 17.4% 4.3% shown, not part of the index
Return on assets 41.3% 11.0% 95 %
Equity ratio 36.9% 34.2% 54 %
Debt-to-equity 1.71 1.72 50 %
Current ratio 1.50 1.48 51 %
Revenue growth 21.3% 6.0% 72 %

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 70, DIVCON AS does better than 86% of companies in the Morning class Small in the same sector (5,567 companies) in 2025.

Over time

Score 2023–2025

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

DIVCON AS has a score of 70 for 2025, rank 2,984 of 20,428 in the sector.

Strongest: Profitability: percentile 94 against peers, operating margin 17.5% against a median of 4.5%. Growth: percentile 72 against peers, revenue growth 21.3% against a median of 6.0%.

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

DIVCON AS had an operating margin of 17.5% and an equity ratio of 36.9% in 2025, and ranks 2,984 of 20,428 in Bygg og anlegg.

From 2024 to 2025: the operating margin rose from 11.2% to 17.5% and revenue grew by 21%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 22 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.8 MNOK 10.0 18 MNOK
EV/EBIT Operating profit: 2.4 MNOK
minus net debt −2.7 MNOK
8.0 22 MNOK
P/B Equity: 2.1 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 0.4% 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 · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability94 weight 30%
Solidity52 weight 25%
Liquidity51 weight 15%
Growth72 weight 15%
Consistency67 weight 15%

Durability: 67 (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 DIVCON AS?

The operating margin was 17.5% in 2025, against a median of 4.5% among companies in the Morning class Small in the same sector. Return on assets was 41.3%.

How solid is DIVCON AS?

The equity ratio was 36.9% in 2025 (median 34.2%). Debt-to-equity was 1.71 (median 1.72).

What is the liquidity of DIVCON AS like?

The current ratio was 1.50 in 2025 (median 1.48).

How does DIVCON AS compare in Bygg og anlegg?

DIVCON AS ranks 2,984 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Small it is number 764 of 5,567. Revenue changed by 21.3% from the year before.

From the Central Coordinating Register

Org. no.
929349814
Legal form
AS
Sector
Bygg og anlegg (43.120)
Morning company class
Small
Employees
0–4 (not registered)
Founded
27 April 2022 4 years in operation
Share capital
0.03 MNOK
Business address
Jørgen Moes gate 41, 3613 KONGSBERG
Municipality
Kongsberg rank 4–13 of 27 in KOSTRA group 9
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
Marius Haugen
Chair of the board
Marius Haugen
Board member
Bjørn Becker Johansen
Auditor
HLO REVISJON & RÅDGIVNING AS
Accountant
ØKONOMIBISTAND REGNSKAP 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.

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Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index637070
Rank5,8053,0052,984
Operating margin13.7%11.2%17.5%
Return on assets30.8%34.3%41.3%
Equity ratio27.1%33.5%36.9%
Current ratio2.721.561.50
Revenue growth–143.8%21.3%

Accounts

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

Key figure202320242025
Operating revenue4.6 MNOK11.1 MNOK13.5 MNOK
Operating profit0.6 MNOK1.2 MNOK2.4 MNOK
Profit before tax0.6 MNOK1.2 MNOK2.3 MNOK
Net profit0.5 MNOK1.0 MNOK1.8 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets2.0 MNOK3.6 MNOK5.7 MNOK
Current assets1.6 MNOK3.2 MNOK5.4 MNOK
Equity0.6 MNOK1.2 MNOK2.1 MNOK
Retained earnings0.5 MNOK1.2 MNOK2.1 MNOK
Total liabilities1.5 MNOK2.4 MNOK3.6 MNOK
Current liabilities0.6 MNOK2.0 MNOK3.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6952700.