Loreley AS

Org. no. 932304589 · Stavanger · Founded 2023 · 8 employees

Score · fiscal year 2025

17of 100

How to read this: the company is ahead of 9 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 3,208 of 3,541 · What are Morning company classes?
Place in the whole sector: 5,516 of 5,998 · Overnatting og servering

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 6 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Loreley AS is 32 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 49 among 3,534 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin −15.6% (median 1.5%) and equity ratio −125.3% (median 13.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 6 November 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue1 MNOK5 MNOK
Operating margin −15.6% 1.5% 8 %
Profit margin −15.2% 1.1% shown, not part of the index
Return on assets −92.8% 5.5% 5 %
Equity ratio −125.3% 13.1% 9 %
Debt-to-equity – 2.02 not compared
Current ratio 0.16 1.01 5 %
Revenue growth 51.1% 5.7% 89 %
Revenue per employee0.18 MNOK0.44 MNOK

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 17, Loreley AS does better than 9% of companies in the Morning class Micro in the same sector (3,541 companies) in 2025.

Over time

Score over time

Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.

Summary analysis

Loreley AS has a score of 17 for 2025, rank 5,516 of 5,998 in the sector.

Strongest: Growth: percentile 89 against peers, revenue growth 51.1% against a median of 5.7%.

Weakest: Solidity: percentile 0 against peers, equity ratio −125.3% against a median of 13.1%. Liquidity: percentile 5 against peers, current ratio 0.16 against a median of 1.01.

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 Loreley AS fell by 4.9 percentage points. Comparable companies fell by a median 0.8 points. So the company did 4.1 points weaker than the industry, for reasons of its own.

Over 2 year-to-year changes Loreley AS moved the same way as comparable companies 2 times. About 1% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of Loreley AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
2024−10.7%2.3% +182.2 percentage points +0.5 percentage points +181.7 percentage points
2025−15.6%1.5% −4.9 percentage points −0.8 percentage points −4.1 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 Loreley AS. The figures stand side by side; we claim no cause.

Service prices: accommodation and food (indeks (2021 = 100))

Service prices: accommodation and food rose 3.6% in 2025; the operating margin of Loreley AS fell 4.9 percentage points.

Service prices: accommodation and food per year and the operating margin of Loreley AS
Measure202120222023202420252026
Service prices: accommodation and food, annual average100.0107.9114.0118.8123.1126.9 (so far)
Change from the year before–+7.9%+5.7%+4.1%+3.6%+3.1%
The company's operating margin––−192.9%−10.7%−15.6%–

Source: SSB (14335, CC BY 4.0). Source

Turnover index: accommodation and food service (indeks (2021 = 100))

Turnover index: accommodation and food service rose 2.3% in 2025; the operating margin of Loreley AS fell 4.9 percentage points.

Turnover index: accommodation and food service per year and the operating margin of Loreley AS
Measure202120222023202420252026
Turnover index: accommodation and food service, annual average97.0139.7153.5157.8161.5170.4 (so far)
Change from the year before+23.4%+44.1%+9.9%+2.8%+2.3%+5.5%
The company's operating margin––−192.9%−10.7%−15.6%–

Source: SSB (13863, CC BY 4.0). Source

Consumer price index (indeks (2025 = 100))

Consumer price index rose 3.0% in 2025; the operating margin of Loreley AS fell 4.9 percentage points.

Consumer price index per year and the operating margin of Loreley AS
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0102.9 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+2.9%
The company's operating margin––−192.9%−10.7%−15.6%–

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

EUR/NOK (kr)

EUR/NOK rose 0.8% in 2025; the operating margin of Loreley AS fell 4.9 percentage points.

EUR/NOK per year and the operating margin of Loreley AS
Measure202120222023202420252026
EUR/NOK, annual average10.1610.1011.4211.6211.7211.04 (so far)
Change from the year before−5.2%−0.6%+13.1%+1.8%+0.8%−5.8%
The company's operating margin––−192.9%−10.7%−15.6%–

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

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Loreley AS fell 4.9 percentage points.

Policy rate per year and the operating margin of Loreley 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––−192.9%−10.7%−15.6%–

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

Wage index: food and beverage service (indeks)

Wage index: food and beverage service rose 6.5% in 2025; the operating margin of Loreley AS fell 4.9 percentage points.

Wage index: food and beverage service per year and the operating margin of Loreley AS
Measure202120222023202420252026
Wage index: food and beverage service, annual average88.091.396.4101.5108.1110.6 (so far)
Change from the year before+3.5%+3.8%+5.6%+5.4%+6.5%+2.3%
The company's operating margin––−192.9%−10.7%−15.6%–

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

Loreley AS had an operating margin of −15.6% and an equity ratio of −125.3% in 2025, and ranks 5,516 of 5,998 in Overnatting og servering.

From 2024 to 2025: the equity ratio fell from −20.2% to −125.3% and revenue grew by 51%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): −0.1 MNOK 17.4 – not meaningful
EV/EBIT Operating profit (mean 2023–2025): −0.1 MNOK 15.5 – not meaningful
P/B Equity: −0.3 MNOK 3.5 – not meaningful

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

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −125.3% (median 13.1%).

  • critical

    Consider strengthening liquidity: current liabilities are 6.1 times current assets.

    Based on: Current ratio 0.16 (median 1.01).

  • watch

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

    Based on: Profit margin −15.2% (median 1.1%).

  • 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 −15.6% (median 1.5%).

  • watch

    Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?

    Based on: Revenue growth 51.1% (median 5.7%); Current ratio 0.16 (median 1.01).

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

Financial costs were 0.0% 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

  • 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 1.3%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability6 weight 30%
Solidity0 weight 25%
Liquidity5 weight 15%
Growth89 weight 15%
Consistency8 weight 15%

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Loreley AS?

The operating margin was −15.6% in 2025, against a median of 1.5% among companies in the Morning class Micro in the same sector. Return on assets was −92.8%. The company made a loss before tax.

How solid is Loreley AS?

The equity ratio was −125.3% in 2025 (median 13.1%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Loreley AS like?

The current ratio was 0.16 in 2025 (median 1.01). Current assets did not cover current liabilities.

How does Loreley AS compare in Overnatting og servering?

Loreley AS ranks 5,516 of 5,998 in Overnatting og servering for 2025. Among companies in the Morning class Micro it is number 3,208 of 3,541. Revenue changed by 51.1% from the year before.

From the Central Coordinating Register

Org. no.
932304589
Legal form
AS
Sector
Overnatting og servering (56.110)
Morning company class
Micro
Employees
8 registered 10 March 2026
Founded
28 August 2023 3 years in operation
Share capital
0.03 MNOK
Business address
Hjelmelandsgata 1, 4012 STAVANGER
Municipality
Stavanger rank 5 of 11 in KOSTRA group 12
Audit
Audit opted out from 23 October 2023
Latest accounts filed
2025
The company's business municipality, Stavanger. 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 1 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
2
Largest owner
50.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%

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

Figures last fetched 6 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index––17
Rank––5,516
Operating margin−192.9%−10.7%−15.6%
Return on assets−14.5%−16.5%−92.8%
Equity ratio−7.4%−20.2%−125.3%
Current ratio0.040.470.16
Revenue growth–1,947.9%51.1%

Accounts

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

Key figure202320242025
Operating revenue0.0 MNOK1.0 MNOK1.4 MNOK
Operating profit−0.1 MNOK−0.1 MNOK−0.2 MNOK
Profit before tax−0.1 MNOK−0.1 MNOK−0.2 MNOK
Tax expense0.0 MNOK0.0 MNOK0.0 MNOK
Net profit−0.1 MNOK−0.1 MNOK−0.2 MNOK
Financial expenses––0.0 MNOK
Total assets0.6 MNOK0.6 MNOK0.2 MNOK
Current assets0.0 MNOK0.3 MNOK0.1 MNOK
Equity0.0 MNOK−0.1 MNOK−0.3 MNOK
Retained earnings−0.1 MNOK−0.1 MNOK−0.3 MNOK
Total liabilities0.7 MNOK0.7 MNOK0.5 MNOK
Current liabilities0.7 MNOK0.7 MNOK0.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 6 November 2026, accounts id 6958280.