Lødingen Notlager AS

Org. no. 930176044 · Lødingen · Founded 2022

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

Score · fiscal year 2025

49of 100

How to read this: the company is ahead of 48 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 12,445 of 23,903 · What are Morning company classes?
Place in the whole sector: 15,766 of 30,133 · Eiendom

Profile

Cheetah · Sprinter

High profitability, lower resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 57 and resilience 45 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Lødingen Notlager AS is 1 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 23,897 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 56.1% (median 47.7%) and equity ratio 29.8% (median 27.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 9 November 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue1 MNOK2 MNOK
Operating margin 56.1% 47.7% 60 %
Profit margin 20.2% 24.4% shown, not part of the index
Return on assets 8.4% 7.8% 53 %
Equity ratio 29.8% 27.9% 52 %
Debt-to-equity 2.36 2.10 47 %
Current ratio 0.49 1.40 24 %
Revenue growth −7.5% 3.3% 16 %

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 49, Lødingen Notlager AS does better than 48% of companies in the Morning class Micro in the same sector (23,903 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Lødingen Notlager AS
  • Median: companies in the Morning class Micro in the same sector
Working capital and debt · 2025

Working capital and debt

Working capital and debt · 2025
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
8 days 40 days 22 %
Inventory and other current assets, days
Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue.
0 days 0 days 37 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−3.9% −12.4% 62 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
28.3% 54.9% 35 %
Debt and interest burden
Interest coverage (times)
Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt.
1.5 1.8 46 %
Financial costs as a share of debt
All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate.
7.7% 5.0% 90 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
98.7% 87.8% 90 %

Net working capital (current assets less bank deposits less current liabilities): 0.0 MNOK.

Of the financial costs of 0.4 MNOK, 0.4 MNOK is reported as interest costs in the accounts.

The median and the bar refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.

Summary analysis

Lødingen Notlager AS has a score of 49 for 2025, rank 15,766 of 30,133 in the sector.

Strongest: Profitability: percentile 57 against peers, operating margin 56.1% against a median of 47.7%.

Weakest: Liquidity: percentile 24 against peers, current ratio 0.49 against a median of 1.40.

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

The industry or the company: what drove the result?

In 2025 the operating margin of Lødingen Notlager AS rose by 8.5 percentage points. Comparable companies rose by a median 0.8 points. So the company did 7.7 points better than the industry, for reasons of its own.

Over 2 year-to-year changes Lødingen Notlager AS moved the same way as comparable companies 2 times. About 7% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of Lødingen Notlager AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
202447.6%46.9% +16.4 percentage points +0.9 percentage points +15.5 percentage points
202556.1%47.7% +8.5 percentage points +0.8 percentage points +7.7 percentage points

Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.

The company and its sector's drivers

Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Lødingen Notlager AS. The figures stand side by side; we claim no cause.

House prices (existing homes) (indeks (2015 = 100))

House prices (existing homes) rose 5.5% in 2025; the operating margin of Lødingen Notlager AS rose 8.5 percentage points.

House prices (existing homes) per year and the operating margin of Lødingen Notlager AS
Measure202120222023202420252026
House prices (existing homes), annual average134.5141.6140.8144.6152.5158.7 (so far)
Change from the year before+10.5%+5.2%−0.5%+2.7%+5.5%+4.1%
The company's operating margin––31.3%47.6%56.1%–

Source: SSB (07221, CC BY 4.0). Source

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Lødingen Notlager AS rose 8.5 percentage points.

Policy rate per year and the operating margin of Lødingen Notlager AS
Measure202120222023202420252026
Policy rate, annual average0.081.323.544.504.304.17 (so far)
Change from the year before−0.28 percentage points+1.24 percentage points+2.22 percentage points+0.96 percentage points−0.20 percentage points−0.12 percentage points
The company's operating margin––31.3%47.6%56.1%–

Source: Norges Bank (IR, NLOD 2.0). Source

Construction cost index for dwellings (indeks (2015 = 100))

Construction cost index for dwellings rose 4.3% in 2025; the operating margin of Lødingen Notlager AS rose 8.5 percentage points.

Construction cost index for dwellings per year and the operating margin of Lødingen Notlager AS
Measure202120222023202420252026
Construction cost index for dwellings, annual average124.2135.1141.1146.4152.7158.4 (so far)
Change from the year before+8.7%+8.8%+4.4%+3.7%+4.3%+3.7%
The company's operating margin––31.3%47.6%56.1%–

Source: SSB (08651, CC BY 4.0). Source

Consumer price index (indeks (2025 = 100))

Consumer price index rose 3.0% in 2025; the operating margin of Lødingen Notlager AS rose 8.5 percentage points.

Consumer price index per year and the operating margin of Lødingen Notlager AS
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0103.0 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+3.0%
The company's operating margin––31.3%47.6%56.1%–

Source: SSB (14710, CC BY 4.0). Source

Wage index: real estate (indeks)

Wage index: real estate rose 5.2% in 2025; the operating margin of Lødingen Notlager AS rose 8.5 percentage points.

Wage index: real estate per year and the operating margin of Lødingen Notlager AS
Measure202120222023202420252026
Wage index: real estate, annual average91.794.396.8103.2108.5111.3 (so far)
Change from the year before+5.2%+2.9%+2.6%+6.5%+5.2%+2.6%
The company's operating margin––31.3%47.6%56.1%–

Source: SSB (12314, CC BY 4.0). Source

We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.

Analysis · 2025

What the numbers say

Lødingen Notlager AS had an operating margin of 56.1% and an equity ratio of 29.8% in 2025, and ranks 15,766 of 30,133 in Eiendom.

From 2024 to 2025: the operating margin rose from 47.6% to 56.1%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 1 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 0.1 MNOK 10.5 1 MNOK 0 MNOK
EV/EBIT Operating profit (mean 2023–2025): 0.5 MNOK
less net debt 5.2 MNOK (rough figure)
19.2 5 MNOK 1 MNOK
P/B Equity: 2.2 MNOK 0.7 2 MNOK 1 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple10 MNOK
Enterprise value after the size adjustment6 MNOK
Less net debt (rough figure)5 MNOK
Equity value1 MNOK

Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt. Net debt is 86% of the enterprise value after the size adjustment, so the equity value from EV/EBIT is sensitive to errors in the debt figure.

The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.

The multiples are from the listed industry that matches the NACE code (68.2): R.E.I.T..

Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Indications · 2025

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 2.0 times current assets.

    Based on: Current ratio 0.49 (median 1.40).

  • watch

    Current liabilities exceed current assets other than bank deposits, and the current ratio is weak. Is it customer prepayments and supplier credit that fund the operations, or short-term loans that must be renewed?

    Based on: Net working capital to revenue −3.9% (median −12.4%); Current ratio 0.49 (median 1.40).

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

Financial costs were 7.7% 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 15.2%. 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

Profitability57 weight 40%
Solidity49 weight 20%
Liquidity24 weight 5%
Growth43 weight 25%
Consistency46 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Durability: 46 (average over 3 years)

Index version 3. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Lødingen Notlager AS?

The operating margin was 56.1% in 2025, against a median of 47.7% among companies in the Morning class Micro in the same sector. Return on assets was 8.4%.

How solid is Lødingen Notlager AS?

The equity ratio was 29.8% in 2025 (median 27.9%). Debt-to-equity was 2.36 (median 2.10).

What is the liquidity of Lødingen Notlager AS like?

The current ratio was 0.49 in 2025 (median 1.40). Current assets did not cover current liabilities.

How does Lødingen Notlager AS compare in Eiendom?

Lødingen Notlager AS ranks 15,766 of 30,133 in Eiendom for 2025. Among companies in the Morning class Micro it is number 12,445 of 23,903. Revenue changed by −7.5% from the year before.

2025

Competitors

The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.

Odde Eiendom AS: 70 / 74Cassiopeia Eiendom AS: 2 / 6Ulvasand Eigedom AS: 80 / 63Kleivbrottet 12 AS: 53 / 30Tonstad Utvikling AS: 40 / 40Semini Eiendom AS: 45 / 44Lødingen Notlager AS: 57 / 45Storrusten AS: 16 / 88Trio Eiendom AS: 42 / 3500252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Odde Eiendom AS Lion 1 MNOK 76.0% 65
Cassiopeia Eiendom AS Beaver 1 MNOK −218.3% 14
Ulvasand Eigedom AS Lion 1 MNOK 83.2% 70
Kleivbrottet 12 AS Cheetah 1 MNOK 50.6% 41
Tonstad Utvikling AS Beaver 1 MNOK 42.8% 35
Semini Eiendom AS Beaver 1 MNOK 48.0% 41
Lødingen Notlager AS (this company) Cheetah 1 MNOK 56.1% 49
Storrusten AS Elephant 1 MNOK 0.1% 44
Trio Eiendom AS Beaver 1 MNOK 44.2% 50

The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis

From the Central Coordinating Register

Org. no.
930176044
Legal form
AS
Sector
Eiendom (68.200)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
17 October 2022 4 years in operation
Share capital
2.04 MNOK
Business address
Sjøvegen 33, 8410 LØDINGEN
Municipality
Lødingen rank 31 of 33 in KOSTRA group 5
Audit
Audit opted out from 7 November 2022
Latest accounts filed
2025
The company's business municipality, Lødingen. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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 5 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
3
Largest owner
33.3%
Split
companies 100% · private persons 0% · foreign 0%
Owned from the same municipality
0%

The company is new in the shareholder register in 2025.

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

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.

Report an issue

Is this your company? Suggest changes or add information

Figures last fetched 9 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index365349
Rank19,95812,25915,766
Operating margin31.3%47.6%56.1%
Return on assets4.3%7.4%8.4%
Equity ratio23.9%26.3%29.8%
Current ratio2.431.340.49
Revenue growth–7.7%−7.5%

Accounts

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

Key figure202320242025
Operating revenue1.1 MNOK1.2 MNOK1.1 MNOK
Operating profit0.3 MNOK0.6 MNOK0.6 MNOK
Profit before tax−0.1 MNOK0.1 MNOK0.2 MNOK
Tax expense–0.0 MNOK0.0 MNOK
Net profit−0.1 MNOK0.1 MNOK0.2 MNOK
Financial expenses0.4 MNOK0.5 MNOK0.4 MNOK
Total assets8.1 MNOK7.8 MNOK7.5 MNOK
Current assets0.3 MNOK0.2 MNOK0.0 MNOK
Equity1.9 MNOK2.1 MNOK2.2 MNOK
Retained earnings−0.1 MNOK0.0 MNOK0.2 MNOK
Total liabilities6.2 MNOK5.7 MNOK5.3 MNOK
Current liabilities0.1 MNOK0.1 MNOK0.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 6364481.