STS - Surface Treatment Systems AS

Org. no. 929551265 · Arendal · Founded 1981

Score · fiscal year 2025

76of 100

How to read this: the company is ahead of 93 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 791 of 11,388 · What are Morning company classes?
Place in the whole sector: 1,540 of 23,059 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 93 and solidity 96 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

STS - Surface Treatment Systems AS is 26 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 11,385 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 24.7% (median 2.6%) and equity ratio 91.7% (median 33.8%).

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 revenue1 MNOK4 MNOK
Operating margin 24.7% 2.6% 91 %
Profit margin 37.4% 2.2% shown, not part of the index
Return on assets 48.7% 6.2% 95 %
Equity ratio 91.7% 33.8% 97 %
Debt-to-equity 0.09 1.23 96 %
Current ratio 11.18 1.75 95 %
Revenue growth −90.1% 4.0% 0 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 76, STS - Surface Treatment Systems AS does better than 93% of companies in the Morning class Micro in the same sector (11,388 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • STS - Surface Treatment Systems AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

STS - Surface Treatment Systems AS has a score of 76 for 2025, rank 1,540 of 23,059 in the sector.

Strongest: Solidity: percentile 96 against peers, equity ratio 91.7% against a median of 33.8%. Liquidity: percentile 95 against peers, current ratio 11.18 against a median of 1.75.

Weakest: Growth: percentile 0 against peers, revenue growth −90.1% against a median of 4.0%.

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

STS - Surface Treatment Systems AS had an operating margin of 24.7% and an equity ratio of 91.7% in 2025, and ranks 1,540 of 23,059 in Handel.

From 2024 to 2025: the operating margin rose from 6.0% to 24.7% and revenue fell by 90%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 4 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.3 MNOK
minus net debt −1.0 MNOK
8.0 4 MNOK
P/B Equity: 1.0 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 · 2025

Worth a closer look

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 24.7% (median 2.6%); Equity ratio 91.7% (median 33.8%); Current ratio 11.18 (median 1.75).

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

Financial costs were 1.2% 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 · 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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability93 weight 30%
Solidity96 weight 25%
Liquidity95 weight 15%
Growth0 weight 15%
Consistency64 weight 15%

Durability: 76 (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 STS - Surface Treatment Systems AS?

The operating margin was 24.7% in 2025, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was 48.7%.

How solid is STS - Surface Treatment Systems AS?

The equity ratio was 91.7% in 2025 (median 33.8%). Debt-to-equity was 0.09 (median 1.23).

What is the liquidity of STS - Surface Treatment Systems AS like?

The current ratio was 11.18 in 2025 (median 1.75).

How does STS - Surface Treatment Systems AS compare in Handel?

STS - Surface Treatment Systems AS ranks 1,540 of 23,059 in Handel for 2025. Among companies in the Morning class Micro it is number 791 of 11,388. Revenue changed by −90.1% from the year before.

From the Central Coordinating Register

Org. no.
929551265
Legal form
AS
Sector
Handel (46.850)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
25 February 1981 45 years in operation
Share capital
0.03 MNOK
Business address
Vindholmheia 54, 4842 ARENDAL
Municipality
Arendal rank 5–10 of 10 in KOSTRA group 11
Audit
Audit opted out from 17 October 2026
Latest accounts filed
2025
LEI
63670077ERBL38FR4I85 not renewed (lapsed)

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
Eirik Storvoll
Chair of the board
Eirik Storvoll
Board member
Mariann Storvoll Skaug

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
No parent company: owned by persons

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.

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
Index757776
Rank3,0451,5041,540
Operating margin4.6%6.0%24.7%
Return on assets8.7%12.2%48.7%
Equity ratio70.0%82.1%91.7%
Current ratio3.245.5311.18
Revenue growth–2.7%−90.1%

Accounts

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

Key figure202320242025
Operating revenue13.8 MNOK14.2 MNOK1.4 MNOK
Operating profit0.6 MNOK0.9 MNOK0.3 MNOK
Profit before tax0.7 MNOK0.9 MNOK0.5 MNOK
Net profit0.4 MNOK0.8 MNOK0.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets8.0 MNOK7.8 MNOK1.1 MNOK
Current assets7.8 MNOK7.7 MNOK1.0 MNOK
Equity5.6 MNOK6.4 MNOK1.0 MNOK
Retained earnings5.0 MNOK5.8 MNOK0.4 MNOK
Total liabilities2.4 MNOK1.4 MNOK0.1 MNOK
Current liabilities2.4 MNOK1.4 MNOK0.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6343633.

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