GEMINOR NO AS
Score · fiscal year 2025
36of 100
How to read this: the company is ahead of 27 % of small companies in the same sector in 2025. What does this mean?
Rank: 28,734 of 38,671 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 55 and solidity 32 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
GEMINOR NO AS is 14 points below the median for small companies in the same sector in 2025.
Median score 50 among 36,111 companies.
Against small companies in the same sector in 2025: operating margin 7.2% (median 2.5%) and equity ratio 24.6% (median 38.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 3 MNOK |
| Operating margin | 7.2% | 2.5% |
| Profit margin | 8.9% | 2.2% |
| Return on assets | 0.4% | 4.0% |
| Equity ratio | 24.6% | 38.3% |
| Debt-to-equity | 3.06 | 0.99 |
| Current ratio | 0.26 | 1.70 |
| Revenue growth | – | 3.5% |
| Revenue per employee | 0.13 MNOK | 1.62 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 36, GEMINOR NO AS does better than 27% of small companies in the same sector (36,580 companies) in 2025.
Score 2024–2025
- GEMINOR NO AS
- Median: small companies in the same sector
GEMINOR NO AS has a score of 36 for 2025, rank 28,734 of 38,671 in the sector.
Strongest: Profitability: percentile 55 against peers, operating margin 7.2% against a median of 2.5%.
Weakest: Liquidity: percentile 8 against peers, current ratio 0.26 against a median of 1.70. Consistency: percentile 28 against peers.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 3.8 times current assets. Based on: current ratio 0.26 (median 1.70).
- What lies behind weak consistency, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
GEMINOR NO AS had an operating margin of 7.2% and an equity ratio of 24.6% in 2025, and ranks 28,734 of 38,671 in Handel.
From 2024 to 2025: the equity ratio fell from 100.0% to 24.6%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 2 MNOK and 19 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 19 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
Worth a closer look
- critical
Consider strengthening liquidity: current liabilities are 3.8 times current assets.
Based on: Current ratio 0.26 (median 1.70).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.1% 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.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 55 | weight 30% |
|---|---|---|
| Solidity | 32 | weight 25% |
| Liquidity | 8 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 28 | weight 15% |
Durability: 50 (average over 2 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is GEMINOR NO AS?
The operating margin was 7.2% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 0.4%.
How solid is GEMINOR NO AS?
The equity ratio was 24.6% in 2025 (median 38.3%). Debt-to-equity was 3.06 (median 0.99).
What is the liquidity of GEMINOR NO AS like?
The current ratio was 0.26 in 2025 (median 1.70). Current assets did not cover current liabilities.
How does GEMINOR NO AS compare in Handel?
GEMINOR NO AS ranks 28,734 of 38,671 in Handel for 2025. Among companies of the same size (small companies) it ranks 26,666 of 36,580.
Public contracts
- Contracts awarded since 2024
- 8
- Total awarded value since 2024
- 36.2 MNOK
- Framework agreements
- 2
- Left out of the total: the value is a ceiling, not actual spend.
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 1 September 2026 | Midtre Namdal Avfallsselskap IKS | Transport, mottak og behandling av treverk Retrans | 2.7 MNOK |
| 25 June 2026 | Valdres Kommunale Renovasjon IKS | Transport, mottak og behandling av avfall for VKR | 7.6 MNOK |
| 8 June 2026 | ROMERIKE AVFALLSFOREDLING IKS | Transport og Energiutnyttelse av Restavfall | 0.0 MNOK |
| 3 June 2026 | Romsdalshalvøya Interkommunale Renovasjonsselskap IKS | Transport og behandling av treverk RIR | 16.6 MNOK |
| 1 June 2026 | Søndre Helgeland Miljøverk IKS (SHMIL) | Transport og behandling av trevirke SHMIL | 9.3 MNOK |
| 15 May 2026 | Halden kommune | Transport og behandling av avfall ved Rokke avfallsanlegg | 0.0 MNOK |
| 20 April 2026 | Trondheim Renholdsverk AS | Transporttjenester for glass og metall | 7.0 MNOK (framework) |
| 6 January 2026 | Volda Kommune | Rammeavtale transport og behandling av restavfall | 50.0 MNOK (framework) |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 934970845
- Legal form
- AS
- Sector
- Handel (46.870)
- Size tier
- small
- Employees
- 17 registered 10 October 2026
- Founded
- 30 October 2024 1 years in operation
- Share capital
- 10.00 MNOK
- Business address
- Helganesvegen 41, 4262 AVALDSNES (KARMØY)
- Municipality
- Karmøy rank 1–6 of 13 in KOSTRA group 10
- 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
- Bjørn Emberland Håland
- Chair of the board
- Håvard Framnes
- Board member
- Edvin Ness Aarak
- Auditor
- CEDRA NORGE AS
- Accountant
- ECIT FORRETNINGSPARTNER AS
Source: Central Coordinating Register, fetched 25 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.
Figures last fetched 27 October 2026.
Year by year · 2024–2025
| Key figure | 2024 | 2025 | Trend |
|---|---|---|---|
| Index | 65 | 36 | |
| Rank | 7,539 | 28,734 | |
| Operating margin | – | 7.2% | |
| Return on assets | 0.0% | 0.4% | |
| Equity ratio | 100.0% | 24.6% | |
| Current ratio | – | 0.26 | |
| Revenue growth | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2024 | 2025 |
|---|---|---|
| Operating revenue | 0.0 MNOK | 2.2 MNOK |
| Operating profit | 0.0 MNOK | 0.2 MNOK |
| Profit before tax | 0.0 MNOK | 0.2 MNOK |
| Net profit | 0.0 MNOK | 0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.1 MNOK |
| Total assets | 0.0 MNOK | 77.9 MNOK |
| Current assets | 0.0 MNOK | 14.3 MNOK |
| Equity | 0.0 MNOK | 19.2 MNOK |
| Retained earnings | – | 0.2 MNOK |
| Total liabilities | – | 58.7 MNOK |
| Current liabilities | – | 54.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6894858.
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