Selvvask AS

Org. no. 930467529 · Kristiansund · AS

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

Key facts

Employees – Not registered in the Central Coordinating Register
Operating revenue · 2023 1.1 MNOK Micro
Net profit · 2023 −0.3 MNOK
Equity · 2023 −0.3 MNOK
Founded 2022 3 years in operation
Sector Annen tjenesteyting 95.310
Quick check · fiscal year 2023

Is the company run well?

Five key figures against companies in the Morning class Micro in the same sector. Green is better than most, amber about like the industry and red weaker than most.

  • Profitability · operating margin −26.7% Weaker than the industry Industry: 3.9%
  • Returns · return on assets −24.1% Weaker than the industry Industry: 9.0%
  • Solidity · equity ratio −21.5% Weaker than the industry Industry: 29.0%
  • Liquidity · current ratio 0.65 Weaker than the industry Industry: 1.45

The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology

Score · fiscal year 2023

7of 100

How to read this: the company is ahead of 5 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 4,073 of 4,266 · What are Morning company classes?
Place in the whole sector: 5,245 of 5,467 · Annen tjenesteyting

Profile

Beaver · Builder

Lower profitability, lower resilience

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 6 and resilience 7 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Selvvask AS is 43 points below the median for companies in the Morning class Micro in the same sector in 2023.

Median score 50 among 4,265 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin −26.7% (median 3.9%) and equity ratio −21.5% (median 29.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 9 November 2026Report an issue
Development

How it has gone · 2023–2025

Revenue rose by 84 % from 2023 to 2025, to 2.0 MNOK. The operating margin rose from −26.7% in 2023 to 15.6% in 2025. The equity ratio rose from −21.5% in 2023 to 13.8% in 2025.

Score · 2025 48 +41 points since 2023 (better)
Operating revenue · 2025 2.0 MNOK +84% since 2023 (better)
Net profit · 2025 0.2 MNOK from −0.3 MNOK in 2023 (better)
Operating margin · 2025 15.6% +42.3 pp since 2023 (better)
Equity ratio · 2025 13.8% +35.3 pp since 2023 (better)
Current ratio · 2025 1.45 +0.80 since 2023 (better)

Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year

Accounts in short

Key figure202320242025
Operating revenue1.1 MNOK2.1 MNOK2.0 MNOK
Operating profit−0.3 MNOK0.5 MNOK0.3 MNOK
Net profit−0.3 MNOK0.3 MNOK0.2 MNOK
Total assets1.2 MNOK1.5 MNOK1.7 MNOK
Equity−0.3 MNOK0.0 MNOK0.2 MNOK
Total liabilities1.5 MNOK1.4 MNOK1.4 MNOK

From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year

From the Central Coordinating Register

Org. no.
930467529
Legal form
AS
Sector
Annen tjenesteyting (95.310)
Purpose
Bilvask, Selvbetjent vaskeanlegg for motorvogn. Salg av kjemikalier. Salg av fyrverkeri i romjula
Morning company class
Micro
Employees
0–4 (not registered) Payroll costs in the accounts: 0.3 MNOK (2023).
Founded
22 November 2022 3 years in operation
Share capital
0.03 MNOK
Business address
Dalegata 71, 6516 KRISTIANSUND N
Municipality
Kristiansund rank 17–26 of 27 in KOSTRA group 9
Audit
Audit opted out from 15 December 2022
Latest accounts filed
2025
VAT registered
Yes
The company's business municipality, Kristiansund. 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

Indications · 2023

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 −21.5% (median 29.0%).

  • critical

    The operating result does not cover the financial costs. How will the debt be serviced, and what do the lenders say?

    Based on: Interest coverage (times) −3.6 (median 7.1); Financial costs as a share of debt 5.5% (median 0.4%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.5 times current assets.

    Based on: Current ratio 0.65 (median 1.45).

  • watch

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

    Based on: Profit margin −34.0% (median 3.3%).

  • 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 −26.7% (median 3.9%).

  • 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 −23.6% (median −9.3%); Current ratio 0.65 (median 1.45).

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

Financial costs were 5.5% 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.

See interest rates, prices and exchange rates for the sector

Data quality

  • critical Negative equity
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 0.6%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability6 weight 40%
Solidity0 weight 20%
Liquidity12 weight 5%
Growth– no data, left out
Consistency20 weight 10%

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

Index version 3. Data completeness 75%: the share of the weights that had data.

Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin −26.7% 3.9% 2 %
Profit margin −34.0% 3.3% shown, not part of the index
Return on assets −24.1% 9.0% 10 %
Equity ratio −21.5% 29.0% 15 %
Debt-to-equity – 1.56 not compared
Current ratio 0.65 1.45 12 %
Revenue growth – 5.0% 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 7, Selvvask AS does better than 5% of companies in the Morning class Micro in the same sector (4,266 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Selvvask AS
  • Median: companies in the Morning class Micro in the same sector
Working capital and debt · 2023

Working capital and debt

Working capital and debt · 2023
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
7 days 11 days 39 %
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 15 days 10 %
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−23.6% −9.3% 11 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
88.8% 66.0% 85 %
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.
−3.6 7.1 22 %
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.
5.5% 0.4% 92 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
81.1% 0.0% 92 %

The operating result is negative, so the interest coverage is negative: operations cover none of the financial costs.

Net working capital (current assets less bank deposits less current liabilities): −0.3 MNOK.

Of the financial costs of 0.1 MNOK, 0.1 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 2023. 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.

Our calculations Returns and quality · 2023

Returns, debt against earnings and quality

The accounts for 2023 lack the figures needed.

Analysis · 2023

What the numbers say

Selvvask AS had an operating margin of −26.7% and an equity ratio of −21.5% in 2023, and ranks 5,245 of 5,467 in Annen tjenesteyting.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

MethodInputMultipleListed basisEstimate
P/E Net profit: −0.3 MNOK 19.2 – not meaningful
EV/EBIT Operating profit: −0.3 MNOK 15.1 – not meaningful
P/B Equity: −0.3 MNOK 2.4 – not meaningful

The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Total Market (without financials).

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

Our calculations

Figures you will not find in any register

We calculated these figures ourselves from the accounts and registers we have read. The company has not reported them and the Brønnøysund Register Centre does not publish them. They are indications and are not part of the index. How we calculate

Equity paid out or paid in
Equity moved as the result implied in 2025.
Over 2 years it equals 0% of the sum of the results.
Calculated as retained earnings at the start of the year + net result − retained earnings at the end of the year. What remains is dividends and group contributions, plus transfers to other items and corrections of earlier years. It is not a dividend figure.
Owners and leadership aged 60 or older
No sign of a near generation change in the ages.
  • The chair is under 60.
  • 0 of 1 on the board are 60 or older.
Age is this year minus the birth year in the registers and can be a year off. It says something about age, not about anyone planning to step down.

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

2023

Questions and answers

How profitable is Selvvask AS?

The operating margin was −26.7% in 2023, against a median of 3.9% among companies in the Morning class Micro in the same sector. Return on assets was −24.1%. The company made a loss before tax.

How solid is Selvvask AS?

The equity ratio was −21.5% in 2023 (median 29.0%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Selvvask AS like?

The current ratio was 0.65 in 2023 (median 1.45). Current assets did not cover current liabilities.

How does Selvvask AS compare in Annen tjenesteyting?

Selvvask AS ranks 5,245 of 5,467 in Annen tjenesteyting for 2023. Among companies in the Morning class Micro it is number 4,073 of 4,266.

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 5 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%
Group chain
Ultimate owner: private person

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
Index77148
Rank5,2456643,411
Operating margin−26.7%23.8%15.6%
Return on assets−24.1%34.2%19.3%
Equity ratio−21.5%2.9%13.8%
Current ratio0.652.331.45
Revenue growth–87.6%−1.8%

Accounts

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

Key figure202320242025
Operating revenue1.1 MNOK2.1 MNOK2.0 MNOK
Operating profit−0.3 MNOK0.5 MNOK0.3 MNOK
Profit before tax−0.4 MNOK0.4 MNOK0.2 MNOK
Tax expense−0.1 MNOK0.1 MNOK0.1 MNOK
Net profit−0.3 MNOK0.3 MNOK0.2 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.1 MNOK
Total assets1.2 MNOK1.5 MNOK1.7 MNOK
Current assets0.2 MNOK0.3 MNOK0.3 MNOK
Equity−0.3 MNOK0.0 MNOK0.2 MNOK
Retained earnings−0.3 MNOK0.0 MNOK0.2 MNOK
Total liabilities1.5 MNOK1.4 MNOK1.4 MNOK
Current liabilities0.3 MNOK0.1 MNOK0.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 4724929.