GECOM AS

Org. no. 937227558 · HORTEN · Founded 1985 · 19 employees

Score · fiscal year 2023

49of 100

How to read this: the company is ahead of 48 % of small companies in the same sector in 2023. What does this mean?

Rank: 15,156 of 28,987 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 72 and solidity 34 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

GECOM AS is 1 points below the median for small companies in the same sector in 2023.

Median score 50 among 27,959 companies.

Against small companies in the same sector in 2023: operating margin 9.0% (median 4.1%) and equity ratio 27.1% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue22 MNOK3 MNOK
Operating margin 9.0% 4.1% 67 %
Profit margin 9.5% 3.8% shown, not part of the index
Return on assets 21.4% 5.9% 77 %
Equity ratio 27.1% 36.8% 40 %
Debt-to-equity 2.69 1.24 29 %
Current ratio 1.35 1.44 46 %
Revenue growth – 2.5% not compared
Revenue per employee1.17 MNOK1.38 MNOK

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 49, GECOM AS does better than 48% of small companies in the same sector (28,009 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • GECOM AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

GECOM AS had an operating margin of 9.0% and an equity ratio of 27.1% in 2023, and ranks 15,156 of 28,987 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 3 MNOK and 16 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.6 MNOK 10.0 16 MNOK
EV/EBIT Operating profit: 2.0 MNOK
minus net debt −0.4 MNOK
8.0 16 MNOK
P/B Equity: 2.7 MNOK 1.0 3 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 · 2023

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 0.0% 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.

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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability72 weight 30%
Solidity34 weight 25%
Liquidity46 weight 15%
Growth– no data, left out
Consistency32 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is GECOM AS?

The operating margin was 9.0% in 2023, against a median of 4.1% among small companies in the same sector. Return on assets was 21.4%.

How solid is GECOM AS?

The equity ratio was 27.1% in 2023 (median 36.8%). Debt-to-equity was 2.69 (median 1.24).

What is the liquidity of GECOM AS like?

The current ratio was 1.35 in 2023 (median 1.44).

How does GECOM AS compare in Bygg og anlegg?

GECOM AS ranks 15,156 of 28,987 in Bygg og anlegg for 2023. Among companies of the same size (small companies) it ranks 14,627 of 28,009.

From the Central Coordinating Register

Org. no.
937227558
Legal form
AS
Sector
Bygg og anlegg (43.210)
Size tier
small
Employees
19 registered 10 October 2026
Founded
20 April 1985 41 years in operation
Share capital
1.24 MNOK
Business address
Gamleveien 36, 3189 HORTEN
Municipality
Horten rank 20–27 of 27 in KOSTRA group 9
Latest accounts filed
2025
LEI
984500DB06E8C5B46B70 renews 1 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
Roger Fjellheim
Chair of the board
Ole Halvor Kolstad
Board member
Marcus Virik
Deputy member
Trym Berggren Bakken
Auditor
ERNST & YOUNG 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 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index495762
Rank15,15611,1888,793
Operating margin9.0%5.6%16.6%
Return on assets21.4%14.9%33.7%
Equity ratio27.1%36.7%32.9%
Current ratio1.351.621.56
Revenue growth–9.3%7.7%

Accounts

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

Key figure202320242025
Operating revenue22.3 MNOK24.3 MNOK26.2 MNOK
Operating profit2.0 MNOK1.4 MNOK4.4 MNOK
Profit before tax2.1 MNOK1.5 MNOK4.6 MNOK
Net profit1.6 MNOK1.1 MNOK3.6 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets9.8 MNOK9.8 MNOK13.7 MNOK
Current assets9.6 MNOK9.8 MNOK13.6 MNOK
Equity2.7 MNOK3.6 MNOK4.5 MNOK
Retained earnings0.5 MNOK1.4 MNOK2.3 MNOK
Total liabilities7.2 MNOK6.2 MNOK9.2 MNOK
Current liabilities7.2 MNOK6.0 MNOK8.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5040653.

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