Zero AS

Org. no. 950318651 · Vadsø · Founded 1988 · 51 employees

Score · fiscal year 2025

73of 100

How to read this: the company is ahead of 90 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 715 of 7,414 · What are Morning company classes?
Place in the whole sector: 2,259 of 22,952 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 72 and solidity 91 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Zero AS is 22 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,414 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 9.3% (median 3.4%) and equity ratio 76.2% (median 36.3%).

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 revenue47 MNOK20 MNOK
Operating margin 9.3% 3.4% 81 %
Profit margin 10.6% 3.0% shown, not part of the index
Return on assets 14.7% 10.0% 63 %
Equity ratio 76.2% 36.3% 91 %
Debt-to-equity 0.31 1.51 91 %
Current ratio 2.87 1.73 77 %
Revenue growth 5.3% 5.7% 49 %
Revenue per employee0.92 MNOK2.08 MNOK

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

With an index of 73, Zero AS does better than 90% of companies in the Morning class Small in the same sector (7,414 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Zero AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Zero AS has a score of 73 for 2025, rank 2,259 of 22,952 in the sector.

Strongest: Solidity: percentile 91 against peers, equity ratio 76.2% against a median of 36.3%. Liquidity: percentile 77 against peers, current ratio 2.87 against a median of 1.73.

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

Zero AS had an operating margin of 9.3% and an equity ratio of 76.2% in 2025, and ranks 2,259 of 22,952 in Handel.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 26 MNOK and 49 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 4.0 MNOK 10.0 40 MNOK
EV/EBIT Operating profit: 4.4 MNOK
minus net debt −13.7 MNOK
8.0 49 MNOK
P/B Equity: 25.9 MNOK 1.0 26 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 9.3% (median 3.4%); Equity ratio 76.2% (median 36.3%); Current ratio 2.87 (median 1.73).

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.

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

Profitability72 weight 30%
Solidity91 weight 25%
Liquidity77 weight 15%
Growth49 weight 15%
Consistency66 weight 15%

Durability: 80 (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 Zero AS?

The operating margin was 9.3% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 14.7%.

How solid is Zero AS?

The equity ratio was 76.2% in 2025 (median 36.3%). Debt-to-equity was 0.31 (median 1.51).

What is the liquidity of Zero AS like?

The current ratio was 2.87 in 2025 (median 1.73).

How does Zero AS compare in Handel?

Zero AS ranks 2,259 of 22,952 in Handel for 2025. Among companies in the Morning class Small it is number 715 of 7,414. Revenue changed by 5.3% from the year before.

From the Central Coordinating Register

Org. no.
950318651
Legal form
AS
Sector
Handel (47.710)
Morning company class
Small
Employees
51 registered 10 October 2026
Founded
20 April 1988 38 years in operation
Share capital
0.10 MNOK
Business address
Rådhusgata 4, 9800 VADSØ
Municipality
Vadsø rank 2–8 of 9 in KOSTRA group 3
Latest accounts filed
2025
Website
www.zerostores.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

Chief executive
Hege Johnsen
Chair of the board
Hege Johnsen
Auditor
Degerstrøms Revisjon 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
Index887973
Rank6491,0322,259
Operating margin13.8%9.9%9.3%
Return on assets22.8%18.0%14.7%
Equity ratio76.5%78.5%76.2%
Current ratio2.813.022.87
Revenue growth–8.3%5.3%

Accounts

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

Key figure202320242025
Operating revenue41.3 MNOK44.8 MNOK47.2 MNOK
Operating profit5.7 MNOK4.4 MNOK4.4 MNOK
Profit before tax6.2 MNOK5.5 MNOK5.0 MNOK
Net profit4.9 MNOK4.5 MNOK4.0 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets27.0 MNOK30.7 MNOK34.0 MNOK
Current assets17.8 MNOK20.0 MNOK23.1 MNOK
Equity20.6 MNOK24.1 MNOK25.9 MNOK
Retained earnings20.5 MNOK24.0 MNOK25.8 MNOK
Total liabilities6.3 MNOK6.6 MNOK8.1 MNOK
Current liabilities6.3 MNOK6.6 MNOK8.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6713928.