NORDASFALT AS

Org. no. 950501480 · BODØ · Founded 1988 · 218 employees

Score · fiscal year 2025

58of 100

How to read this: the company is ahead of 69 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 10,870 of 32,581 · Bygg og anlegg

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 51 and solidity 46 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

NORDASFALT AS is 8 points above the median for medium-sized companies in the same sector in 2025.

Median score 50 among 1,024 companies.

Against medium-sized companies in the same sector in 2025: operating margin 5.4% (median 4.6%) and equity ratio 29.7% (median 31.2%).

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 revenue672 MNOK176 MNOK
Operating margin 5.4% 4.6% 57 %
Profit margin 3.7% 4.6% shown, not part of the index
Return on assets 9.4% 10.7% 45 %
Equity ratio 29.7% 31.2% 47 %
Debt-to-equity 2.37 2.19 46 %
Current ratio 2.09 1.36 85 %
Revenue growth 17.6% 6.6% 67 %
Revenue per employee3.08 MNOK3.09 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 58, NORDASFALT AS does better than 69% of medium-sized companies in the same sector (1,030 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • NORDASFALT AS
  • Median: medium-sized companies in the same sector
Summary analysis

NORDASFALT AS has a score of 58 for 2025, rank 10,870 of 32,581 in the sector.

Strongest: Liquidity: percentile 85 against peers, current ratio 2.09 against a median of 1.36. Growth: percentile 67 against peers, revenue growth 17.6% against a median of 6.6%.

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

NORDASFALT AS had an operating margin of 5.4% and an equity ratio of 29.7% in 2025, and ranks 10,870 of 32,581 in Bygg og anlegg.

From 2024 to 2025: the equity ratio fell from 41.6% to 29.7% and revenue grew by 18%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 119 MNOK and 192 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 19.2 MNOK 10.0 192 MNOK
EV/EBIT Operating profit: 36.5 MNOK
minus net debt 146.7 MNOK
8.0 145 MNOK
P/B Equity: 118.7 MNOK 1.0 119 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 4.5% 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.

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 · 2025

What the score is made of

Profitability51 weight 30%
Solidity46 weight 25%
Liquidity85 weight 15%
Growth67 weight 15%
Consistency57 weight 15%

Durability: 60 (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 NORDASFALT AS?

The operating margin was 5.4% in 2025, against a median of 4.6% among medium-sized companies in the same sector. Return on assets was 9.4%.

How solid is NORDASFALT AS?

The equity ratio was 29.7% in 2025 (median 31.2%). Debt-to-equity was 2.37 (median 2.19).

What is the liquidity of NORDASFALT AS like?

The current ratio was 2.09 in 2025 (median 1.36).

How does NORDASFALT AS compare in Bygg og anlegg?

NORDASFALT AS ranks 10,870 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (medium-sized companies) it ranks 325 of 1,030. Revenue changed by 17.6% from the year before.

Group accounts · 2024

48 of 100

Rank 751 of 1371 groups with group accounts. Groups are ranked only against each other, not against single companies.

Operating revenue, group
579 MNOK
Operating profit, group
13 MNOK
Profit before tax, group
6 MNOK
Total assets, group
323 MNOK
Equity, group
133 MNOK
Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2025)
Operating margin2.3% –
Return on assets5.0% –
Equity ratio41.1% –
Current ratio2.12 –
Revenue growth−10.5% –

Group index in earlier years: 2023: 53 (740 of 1716).

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2024 (open data, NLOD 2.0).

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

Public contracts

Contracts awarded since 2024
8
Total awarded value since 2024
169.9 MNOK
3 contracts without a stated value are not in the total.
DateBuyerNotice ValueCPV
8 October 2026 STATSBYGG 2026/3891 Avtale om vintervedlikehold på eiendommer i Bodø - to delkontrakter (ny utlysning) 8.8 MNOK 90000000
25 March 2026 Statens vegvesen Asfaltarbeider nord, Hålogaland 1 37.3 MNOK 45233222
2 March 2026 Statens vegvesen Asfaltarbeider nord, Salten 32.0 MNOK 45233222
16 May 2025 Narvik kommune Asfaltarbeider 2025-2027 51.0 MNOK 45233222
6 April 2025 Statens vegvesen Asfaltarbeider drift og vedlikehold nord 2025 18-2025-03 Hålogaland 1 value not stated 44000000
17 March 2025 Statens vegvesen Asfaltarbeider drift og vedlikehold nord 2025 - 18-2025-01 Salten 40.9 MNOK 44000000
29 April 2024 Statens vegvesen Asfaltarbeider, vedlikehold nord 2024, Kontrakt 18-2024-04 Hålogaland Egenskapskrav value not stated 44000000
29 April 2024 Statens vegvesen Asfaltarbeider, vedlikehold nord 2024, Kontrakt 18-2024-02 Salten value not stated 44000000
18 October 2023 Spordrift AS Dynamisk innkjøpsordning for Vintervedlikehold: Nord 10.0 MNOK 90000000
6 October 2023 Fauske kommune Vintervedlikehold Fauske sentrum 2.8 MNOK 90000000

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 28 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.
950501480
Legal form
AS
Sector
Bygg og anlegg (42.110)
Size tier
medium
Employees
218 registered 10 October 2026
Founded
10 December 1988 37 years in operation
Share capital
2.40 MNOK
Business address
Klinkerveien 5, 8006 BODØ
Municipality
Bodø rank 4–9 of 10 in KOSTRA group 11
Latest accounts filed
2025
LEI
549300YBCBTQDNIBLW18 renews 17 November 2027

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
Kevin Åsli Slettmyr
Chair of the board
Ove Gunnar Andreassen
Board member
Trude Kristiansen
Auditor
BDO 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
Index665558
Rank6,86712,72510,870
Operating margin4.1%2.8%5.4%
Return on assets8.8%6.0%9.4%
Equity ratio37.2%41.6%29.7%
Current ratio2.012.122.09
Revenue growth–−11.6%17.6%

Accounts

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

Key figure202320242025
Operating revenue646.7 MNOK571.4 MNOK672.0 MNOK
Operating profit26.6 MNOK15.8 MNOK36.5 MNOK
Profit before tax22.7 MNOK10.0 MNOK25.0 MNOK
Net profit17.6 MNOK7.3 MNOK19.2 MNOK
Financial expenses8.3 MNOK8.8 MNOK12.6 MNOK
Total assets351.5 MNOK313.9 MNOK399.8 MNOK
Current assets214.5 MNOK178.0 MNOK174.7 MNOK
Equity130.7 MNOK130.5 MNOK118.7 MNOK
Retained earnings128.3 MNOK128.1 MNOK116.3 MNOK
Total liabilities220.8 MNOK183.4 MNOK281.1 MNOK
Current liabilities106.5 MNOK83.8 MNOK83.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6857458.