Divcon AS

Org. no. 929349814 · Kongsberg · Founded 2022

Score · fiscal year 2023

63of 100

How to read this: the company is ahead of 68 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 3,635 of 11,410 · What are Morning company classes?
Place in the whole sector: 5,751 of 18,336 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 82 and solidity 37 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Divcon AS is 13 points above the median for companies in the Morning class Micro in the same sector in 2023.

Median score 50 among 11,407 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin 13.7% (median 4.0%) and equity ratio 27.1% (median 34.0%).

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 revenue5 MNOK3 MNOK
Operating margin 13.7% 4.0% 79 %
Profit margin 13.7% 3.3% shown, not part of the index
Return on assets 30.8% 7.9% 84 %
Equity ratio 27.1% 34.0% 42 %
Debt-to-equity 2.69 1.46 31 %
Current ratio 2.72 1.42 82 %
Revenue growth – 6.6% not compared

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

With an index of 63, Divcon AS does better than 68% of companies in the Morning class Micro in the same sector (11,410 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Divcon AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2023

What the numbers say

Divcon AS had an operating margin of 13.7% and an equity ratio of 27.1% in 2023, and ranks 5,751 of 18,336 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 1 MNOK and 5 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.5 MNOK 10.0 5 MNOK
EV/EBIT Operating profit: 0.6 MNOK
minus net debt −0.4 MNOK
8.0 5 MNOK
P/B Equity: 0.6 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 · 2023

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 0.0% 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.

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 · 2023

What the score is made of

Profitability82 weight 30%
Solidity37 weight 25%
Liquidity82 weight 15%
Growth– no data, left out
Consistency49 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Divcon AS?

The operating margin was 13.7% in 2023, against a median of 4.0% among companies in the Morning class Micro in the same sector. Return on assets was 30.8%.

How solid is Divcon AS?

The equity ratio was 27.1% in 2023 (median 34.0%). Debt-to-equity was 2.69 (median 1.46).

What is the liquidity of Divcon AS like?

The current ratio was 2.72 in 2023 (median 1.42).

How does Divcon AS compare in Bygg og anlegg?

Divcon AS ranks 5,751 of 18,336 in Bygg og anlegg for 2023. Among companies in the Morning class Micro it is number 3,635 of 11,410.

From the Central Coordinating Register

Org. no.
929349814
Legal form
AS
Sector
Bygg og anlegg (43.120)
Morning company class
Micro
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

Loading roles …

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
Rank5,7512,9932,955
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 4778401.