TRE OG KUNST AS

Org. no. 929520904 · ÅL · Founded 2022

Score · fiscal year 2025

36of 100

How to read this: the company is ahead of 26 % of small companies in the same sector in 2025. What does this mean?

Rank: 24,267 of 32,580 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 35 and solidity 53 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

TRE OG KUNST AS is 14 points below the median for small companies in the same sector in 2025.

Median score 50 among 31,470 companies.

Against small companies in the same sector in 2025: operating margin 0.1% (median 3.7%) and equity ratio 44.7% (median 36.5%).

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 revenue5 MNOK3 MNOK
Operating margin 0.1% 3.7% 33 %
Profit margin −2.4% 3.4% shown, not part of the index
Return on assets 0.2% 5.7% 36 %
Equity ratio 44.7% 36.5% 58 %
Debt-to-equity 1.24 1.20 49 %
Current ratio 0.04 1.45 3 %
Revenue growth −23.2% 3.0% 21 %

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 36, TRE OG KUNST AS does better than 26% of small companies in the same sector (31,718 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • TRE OG KUNST AS
  • Median: small companies in the same sector
Summary analysis

TRE OG KUNST AS has a score of 36 for 2025, rank 24,267 of 32,580 in the sector.

Strongest: Consistency: percentile 56 against peers.

Weakest: Liquidity: percentile 3 against peers, current ratio 0.04 against a median of 1.45. Growth: percentile 21 against peers, revenue growth −23.2% against a median of 3.0%.

Worth a closer look

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

TRE OG KUNST AS had an operating margin of 0.1% and an equity ratio of 44.7% in 2025, and ranks 24,267 of 32,580 in Bygg og anlegg.

From 2024 to 2025: went from a profit to a loss before tax and the operating margin fell from 16.3% to 0.1%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 2 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.0 MNOK
minus net debt 0.0 MNOK
8.0 0 MNOK
P/B Equity: 1.7 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

  • critical

    Consider strengthening liquidity: current liabilities are 23.6 times current assets.

    Based on: Current ratio 0.04 (median 1.45).

  • watch

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

    Based on: Profit margin −2.4% (median 3.4%).

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

Financial costs were 5.9% 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.

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 2.4%. 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

Profitability35 weight 30%
Solidity53 weight 25%
Liquidity3 weight 15%
Growth21 weight 15%
Consistency56 weight 15%

Durability: 50 (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 TRE OG KUNST AS?

The operating margin was 0.1% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 0.2%. The company made a loss before tax.

How solid is TRE OG KUNST AS?

The equity ratio was 44.7% in 2025 (median 36.5%). Debt-to-equity was 1.24 (median 1.20).

What is the liquidity of TRE OG KUNST AS like?

The current ratio was 0.04 in 2025 (median 1.45). Current assets did not cover current liabilities.

How does TRE OG KUNST AS compare in Bygg og anlegg?

TRE OG KUNST AS ranks 24,267 of 32,580 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 23,382 of 31,718. Revenue changed by −23.2% from the year before.

From the Central Coordinating Register

Org. no.
929520904
Legal form
AS
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
0–4 (not registered)
Founded
30 June 2022 4 years in operation
Share capital
0.05 MNOK
Business address
Kleivi Næringspark 17, 3570 ÅL
Municipality
Ål rank 2 of 33 in KOSTRA group 5
Audit
Audit opted out from 29 December 2023
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
Pawel Wieslaw Tobiasz
Chair of the board
Pawel Wieslaw Tobiasz
Board member
Tomasz Marcin Tobiasz
Accountant
MTA GROUP 2 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
Index565936
Rank11,8089,97324,267
Operating margin17.9%16.3%0.1%
Return on assets22.1%22.4%0.2%
Equity ratio39.3%46.4%44.7%
Current ratio0.360.380.04
Revenue growth–8.3%−23.2%

Accounts

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

Key figure202320242025
Operating revenue6.0 MNOK6.5 MNOK5.0 MNOK
Operating profit1.1 MNOK1.1 MNOK0.0 MNOK
Profit before tax0.9 MNOK0.9 MNOK−0.1 MNOK
Net profit0.7 MNOK0.7 MNOK−0.1 MNOK
Financial expenses0.2 MNOK0.2 MNOK0.1 MNOK
Total assets4.8 MNOK4.7 MNOK3.8 MNOK
Current assets0.5 MNOK0.5 MNOK0.1 MNOK
Equity1.9 MNOK2.2 MNOK1.7 MNOK
Retained earnings1.9 MNOK2.1 MNOK1.7 MNOK
Total liabilities2.9 MNOK2.5 MNOK2.1 MNOK
Current liabilities1.5 MNOK1.3 MNOK1.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6947484.

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