CONFIDEE AS
Score · fiscal year 2023
18of 100
How to read this: the company is ahead of 10 % of companies in the Morning class Small in the same sector in 2023. What does this mean?
Rank in the Morning class Small: 6,153 of 6,814 · What are Morning company classes?
Place in the whole sector: 18,980 of 21,216 · Handel
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 6 and solidity 0 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology
Against the sector
CONFIDEE AS is 32 points below the median for companies in the Morning class Small in the same sector in 2023.
Median score 50 among 6,814 companies.
Against companies in the Morning class Small in the same sector in 2023: operating margin −9.6% (median 3.2%) and equity ratio −9.5% (median 36.2%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 31 MNOK | 20 MNOK |
| Operating margin | −9.6% | 3.2% |
| Profit margin | −9.6% | 2.9% |
| Return on assets | −11.7% | 9.3% |
| Equity ratio | −9.5% | 36.2% |
| Debt-to-equity | – | 1.55 |
| Current ratio | 2.85 | 1.71 |
| Revenue growth | – | 4.2% |
| Revenue per employee | 3.50 MNOK | 2.03 MNOK |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 18, CONFIDEE AS does better than 10% of companies in the Morning class Small in the same sector (6,814 companies) in 2023.
Score 2023–2025
- CONFIDEE AS
- Median: companies in the Morning class Small in the same sector
What the numbers say
CONFIDEE AS had an operating margin of −9.6% and an equity ratio of −9.5% in 2023, and ranks 18,980 of 21,216 in Handel.
This text is generated automatically from the 2023 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −9.5% (median 36.2%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −9.6% (median 2.9%).
- 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 −9.6% (median 3.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.5% 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.
Data quality
- critical Negative equity
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
What the score is made of
| Profitability | 6 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 79 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 9 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is CONFIDEE AS?
The operating margin was −9.6% in 2023, against a median of 3.2% among companies in the Morning class Small in the same sector. Return on assets was −11.7%. The company made a loss before tax.
How solid is CONFIDEE AS?
The equity ratio was −9.5% in 2023 (median 36.2%). Equity is negative, so liabilities exceed assets.
What is the liquidity of CONFIDEE AS like?
The current ratio was 2.85 in 2023 (median 1.71).
How does CONFIDEE AS compare in Handel?
CONFIDEE AS ranks 18,980 of 21,216 in Handel for 2023. Among companies in the Morning class Small it is number 6,153 of 6,814.
From the Central Coordinating Register
- Org. no.
- 929538366
- Legal form
- AS
- Sector
- Handel (46.500)
- Morning company class
- Small
- Employees
- 9 registered 10 October 2025
- Founded
- 1 July 2022 4 years in operation
- Share capital
- 1.00 MNOK
- Business address
- Cort Adelers gate 17, 0254 OSLO
- Municipality
- Oslo rank 63–221 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
- Chief executive
- Vidar Olsen
- Chair of the board
- Steinar Nordengen
- Board member
- Tord Linnerud
- Board member
- Gunnar Frederik Selvaag
- Board member
- Didrik Johan Brett Bech
- Board member
- Nils Jørgen Vordahl
- Auditor
- ERNST & YOUNG 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.
Figures last fetched 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 18 | 44 | 59 | |
| Rank | 18,980 | 13,829 | 7,740 | |
| Operating margin | −9.6% | 1.5% | 11.2% | |
| Return on assets | −11.7% | 8.9% | 14.4% | |
| Equity ratio | −9.5% | 0.0% | 13.7% | |
| Current ratio | 2.85 | 2.55 | 2.56 | |
| Revenue growth | – | 42.7% | 47.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 31.5 MNOK | 45.0 MNOK | 66.3 MNOK |
| Operating profit | −3.0 MNOK | 0.7 MNOK | 7.4 MNOK |
| Profit before tax | −3.0 MNOK | 1.7 MNOK | 5.1 MNOK |
| Net profit | −2.1 MNOK | 1.2 MNOK | 4.9 MNOK |
| Financial expenses | 0.7 MNOK | 0.8 MNOK | – |
| Total assets | 19.4 MNOK | 27.6 MNOK | 35.5 MNOK |
| Current assets | 14.1 MNOK | 23.8 MNOK | 33.0 MNOK |
| Equity | −1.8 MNOK | 0.0 MNOK | 4.9 MNOK |
| Retained earnings | −2.1 MNOK | −0.9 MNOK | 3.9 MNOK |
| Total liabilities | 21.2 MNOK | 27.6 MNOK | 30.7 MNOK |
| Current liabilities | 4.9 MNOK | 9.3 MNOK | 12.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5377855.
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