Comrod AS

Org. no. 934335724 · Strand · Founded 1983 · 225 employees

Score · fiscal year 2025

84of 100

How to read this: the company is ahead of 98 % of companies in the Morning class Large in the same sector in 2025. What does this mean?

Rank in the Morning class Large: 7 of 312 · What are Morning company classes?
Place in the whole sector: 37 of 2,392 · Industri

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 85 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology

Against the sector

Comrod AS is 35 points above the median for companies in the Morning class Large in the same sector in 2025.

Median score 49 among 312 companies.

Against companies in the Morning class Large in the same sector in 2025: operating margin 28.0% (median 6.3%) and equity ratio 62.7% (median 33.3%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue1,050 MNOK1,147 MNOK
Operating margin 28.0% 6.3% 97 %
Profit margin 29.1% 6.5% shown, not part of the index
Return on assets 29.1% 11.5% 89 %
Equity ratio 62.7% 33.3% 85 %
Debt-to-equity 0.60 1.94 85 %
Current ratio 2.29 1.31 86 %
Revenue growth 31.8% 7.2% 88 %
Revenue per employee4.67 MNOK6.01 MNOK

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

With an index of 84, Comrod AS does better than 98% of companies in the Morning class Large in the same sector (312 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Comrod AS
  • Median: companies in the Morning class Large in the same sector
Summary analysis

Comrod AS has a score of 84 for 2025, rank 37 of 2,392 in the sector.

Strongest: Profitability: percentile 93 against peers, operating margin 28.0% against a median of 6.3%. Growth: percentile 88 against peers, revenue growth 31.8% against a median of 7.2%.

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

Comrod AS had an operating margin of 28.0% and an equity ratio of 62.7% in 2025, and ranks 37 of 2,392 in Industri.

From 2024 to 2025: revenue grew by 32%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 657 MNOK and 2,476 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 247.6 MNOK 10.0 2,476 MNOK
EV/EBIT Operating profit: 293.8 MNOK
minus net debt −0.1 MNOK
8.0 2,351 MNOK
P/B Equity: 657.5 MNOK 1.0 657 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 28.0% (median 6.3%); Equity ratio 62.7% (median 33.3%); Current ratio 2.29 (median 1.31).

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

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 −0.8%. 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%
Solidity85 weight 25%
Liquidity86 weight 15%
Growth88 weight 15%
Consistency57 weight 15%

Durability: 87 (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 Comrod AS?

The operating margin was 28.0% in 2025, against a median of 6.3% among companies in the Morning class Large in the same sector. Return on assets was 29.1%.

How solid is Comrod AS?

The equity ratio was 62.7% in 2025 (median 33.3%). Debt-to-equity was 0.60 (median 1.94).

What is the liquidity of Comrod AS like?

The current ratio was 2.29 in 2025 (median 1.31).

How does Comrod AS compare in Industri?

Comrod AS ranks 37 of 2,392 in Industri for 2025. Among companies in the Morning class Large it is number 7 of 312. Revenue changed by 31.8% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
934335724
Legal form
AS · part of a group
Sector
Industri (26.300)
Morning company class
Large
Employees
225 registered 10 October 2026
Founded
26 June 1983 43 years in operation
Share capital
1.30 MNOK
Business address
Fiskåvegen 1, 4120 TAU (STRAND)
Municipality
Strand rank 5–14 of 38 in KOSTRA group 7
Latest accounts filed
2025
LEI
549300VS7RLRIAZYTA20 renews 10 December 2026

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
Ole Gunnar Fjelde
Chair of the board
Ole Gunnar Fjelde
Board member
Vidar Bakke
Board member
Ann Kristin Hausken
Board member
Kari Merete Eie Duestad
Auditor
ERNST & Young AS

Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.

Parent company
Habu Holding AS (Norway)
Ultimate parent
Tananger Enterprise AS (Norway)

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 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.

Report an issue

Figures last fetched 31 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index899084
Rank60937
Operating margin21.7%26.6%28.0%
Return on assets21.7%28.4%29.1%
Equity ratio65.4%67.4%62.7%
Current ratio2.422.602.29
Revenue growth–50.2%31.8%

Accounts

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

Key figure202320242025
Operating revenue530.2 MNOK796.6 MNOK1,049.7 MNOK
Operating profit115.1 MNOK212.2 MNOK293.8 MNOK
Profit before tax106.1 MNOK200.2 MNOK305.7 MNOK
Net profit83.7 MNOK156.7 MNOK247.6 MNOK
Financial expenses28.4 MNOK27.4 MNOK–
Total assets621.2 MNOK802.4 MNOK1,049.1 MNOK
Current assets435.2 MNOK553.1 MNOK766.0 MNOK
Equity406.1 MNOK540.5 MNOK657.5 MNOK
Retained earnings338.7 MNOK473.1 MNOK590.1 MNOK
Total liabilities215.1 MNOK261.9 MNOK391.6 MNOK
Current liabilities180.0 MNOK212.4 MNOK334.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 7168255.