DIVE EST AS

Org. no. 933270149 · LILLEHAMMER · Founded 2024

Score · fiscal year 2025

77of 100

How to read this: the company is ahead of 94 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 751 of 12,950 · What are Morning company classes?
Place in the whole sector: 1,131 of 20,428 · Bygg og anlegg

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 66 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

DIVE EST AS is 27 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 12,943 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 23.4% (median 3.5%) and equity ratio 51.7% (median 33.1%).

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 revenue2 MNOK3 MNOK
Operating margin 23.4% 3.5% 91 %
Profit margin 23.1% 3.0% shown, not part of the index
Return on assets 57.5% 7.8% 96 %
Equity ratio 51.7% 33.1% 70 %
Debt-to-equity 0.93 1.41 63 %
Current ratio 1.25 1.42 42 %
Revenue growth 191.8% 6.1% 94 %

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 77, DIVE EST AS does better than 94% of companies in the Morning class Micro in the same sector (12,950 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

DIVE EST AS has a score of 77 for 2025, rank 1,131 of 20,428 in the sector.

Strongest: Growth: percentile 94 against peers, revenue growth 191.8% against a median of 6.1%. Profitability: percentile 93 against peers, operating margin 23.4% against a median of 3.5%.

No area is clearly below its peers.

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

DIVE EST AS had an operating margin of 23.4% and an equity ratio of 51.7% in 2025, and ranks 1,131 of 20,428 in Bygg og anlegg.

From 2024 to 2025: revenue grew by 192% and the operating margin rose from 5.4% to 23.4%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 3 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.3 MNOK 10.0 3 MNOK
EV/EBIT Operating profit: 0.4 MNOK
minus net debt −0.2 MNOK
8.0 3 MNOK
P/B Equity: 0.4 MNOK 1.0 0 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

No rules were triggered for this year.

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

Financial costs were 1.8% 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 · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. 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

Profitability93 weight 30%
Solidity66 weight 25%
Liquidity42 weight 15%
Growth94 weight 15%
Consistency83 weight 15%

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

2025

Questions and answers

How profitable is DIVE EST AS?

The operating margin was 23.4% in 2025, against a median of 3.5% among companies in the Morning class Micro in the same sector. Return on assets was 57.5%.

How solid is DIVE EST AS?

The equity ratio was 51.7% in 2025 (median 33.1%). Debt-to-equity was 0.93 (median 1.41).

What is the liquidity of DIVE EST AS like?

The current ratio was 1.25 in 2025 (median 1.42).

How does DIVE EST AS compare in Bygg og anlegg?

DIVE EST AS ranks 1,131 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Micro it is number 751 of 12,950. Revenue changed by 191.8% from the year before.

From the Central Coordinating Register

Org. no.
933270149
Legal form
AS
Sector
Bygg og anlegg (43.990)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
27 March 2024 2 years in operation
Share capital
0.03 MNOK
Business address
Besserudgrenda 56, 2625 FÅBERG (LILLEHAMMER)
Municipality
Lillehammer rank 3–14 of 27 in KOSTRA group 9
Audit
Audit opted out from 9 April 2024
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
Erki Rätsep
Chair of the board
Erki Rätsep
Accountant
NORUS ACCOUNTING 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.

Report an issue

Figures last fetched 27 October 2026.

Details

Year by year · 2024–2025

Key figure20242025Trend
Index–77
Rank–1,131
Operating margin5.4%23.4%
Return on assets12.5%57.5%
Equity ratio24.6%51.7%
Current ratio1.281.25
Revenue growth–191.8%

Accounts

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

Key figure20242025
Operating revenue0.6 MNOK1.7 MNOK
Operating profit0.0 MNOK0.4 MNOK
Profit before tax0.0 MNOK0.4 MNOK
Net profit0.0 MNOK0.3 MNOK
Financial expenses–0.0 MNOK
Total assets0.3 MNOK0.7 MNOK
Current assets0.3 MNOK0.4 MNOK
Equity0.1 MNOK0.4 MNOK
Retained earnings0.0 MNOK0.3 MNOK
Total liabilities0.2 MNOK0.3 MNOK
Current liabilities0.2 MNOK0.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6500749.