VOLUTION NORGE AS

Org. no. 946287377 · Oslo · Founded 1987

Score · fiscal year 2025

44of 100

How to read this: the company is ahead of 38 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 2,305 of 3,712 · What are Morning company classes?
Place in the whole sector: 14,299 of 23,059 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 91 and solidity 12 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

VOLUTION NORGE AS is 6 points below the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 3,712 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 10.2% (median 3.0%) and equity ratio 10.8% (median 30.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue68 MNOK93 MNOK
Operating margin 10.2% 3.0% 88 %
Profit margin 10.3% 2.8% shown, not part of the index
Return on assets 41.6% 11.6% 95 %
Equity ratio 10.8% 30.0% 14 %
Debt-to-equity 8.28 2.24 11 %
Current ratio 1.06 1.39 18 %
Revenue growth −0.2% 6.1% 26 %

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

With an index of 44, VOLUTION NORGE AS does better than 38% of companies in the Morning class Medium in the same sector (3,712 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • VOLUTION NORGE AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

VOLUTION NORGE AS has a score of 44 for 2025, rank 14,299 of 23,059 in the sector.

Strongest: Profitability: percentile 91 against peers, operating margin 10.2% against a median of 3.0%.

Weakest: Solidity: percentile 12 against peers, equity ratio 10.8% against a median of 30.0%. Liquidity: percentile 18 against peers, current ratio 1.06 against a median of 1.39.

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

Analysis · 2025

What the numbers say

VOLUTION NORGE AS had an operating margin of 10.2% and an equity ratio of 10.8% in 2025, and ranks 14,299 of 23,059 in Handel.

From 2024 to 2025: the equity ratio fell from 23.9% to 10.8%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 55 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 5.4 MNOK 10.0 54 MNOK
EV/EBIT Operating profit: 6.9 MNOK
minus net debt −0.1 MNOK
8.0 55 MNOK
P/B Equity: 1.8 MNOK 1.0 2 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 0.5% 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 · 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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability91 weight 30%
Solidity12 weight 25%
Liquidity18 weight 15%
Growth26 weight 15%
Consistency45 weight 15%

Durability: 58 (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 VOLUTION NORGE AS?

The operating margin was 10.2% in 2025, against a median of 3.0% among companies in the Morning class Medium in the same sector. Return on assets was 41.6%.

How solid is VOLUTION NORGE AS?

The equity ratio was 10.8% in 2025 (median 30.0%). Debt-to-equity was 8.28 (median 2.24).

What is the liquidity of VOLUTION NORGE AS like?

The current ratio was 1.06 in 2025 (median 1.39).

How does VOLUTION NORGE AS compare in Handel?

VOLUTION NORGE AS ranks 14,299 of 23,059 in Handel for 2025. Among companies in the Morning class Medium it is number 2,305 of 3,712. Revenue changed by −0.2% from the year before.

From the Central Coordinating Register

Org. no.
946287377
Legal form
AS
Sector
Handel (46.840)
Morning company class
Medium
Employees
0–4 (not registered)
Founded
16 December 1987 38 years in operation
Share capital
0.10 MNOK
Business address
4 etasje, Verkseier Furulunds vei 16B, 0668 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
Website
www.fresh.no

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

Chair of the board
Lars Andreas Löfstrand
Board member
Ronald Arthur George
Board member
Andrew Kenneth O'brien
Auditor
TORKILDSEN AS
Accountant
SAGA REGNSKAP OG RÅDGIVNING 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?

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index715944
Rank4,0827,24514,299
Operating margin11.0%10.4%10.2%
Return on assets39.9%38.8%41.6%
Equity ratio35.2%23.9%10.8%
Current ratio1.371.221.06
Revenue growth–14.5%−0.2%

Accounts

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

Key figure202320242025
Operating revenue59.2 MNOK67.8 MNOK67.7 MNOK
Operating profit6.5 MNOK7.1 MNOK6.9 MNOK
Profit before tax6.5 MNOK7.2 MNOK6.9 MNOK
Net profit5.1 MNOK5.6 MNOK5.4 MNOK
Financial expenses0.2 MNOK0.1 MNOK0.1 MNOK
Total assets16.7 MNOK18.6 MNOK16.9 MNOK
Current assets14.8 MNOK17.2 MNOK16.0 MNOK
Equity5.9 MNOK4.4 MNOK1.8 MNOK
Retained earnings5.8 MNOK4.3 MNOK1.7 MNOK
Total liabilities10.8 MNOK14.2 MNOK15.1 MNOK
Current liabilities10.8 MNOK14.2 MNOK15.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6332721.

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