Ofstad AS

Org. no. 950674792 · Selbu · Founded 1989

Score · fiscal year 2024

65of 100

How to read this: the company is ahead of 77 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 2,784 of 12,192 · What are Morning company classes?
Place in the whole sector: 4,334 of 19,395 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 76 and solidity 81 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

Ofstad AS is 15 points above the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 12,183 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 14.4% (median 3.7%) and equity ratio 65.8% (median 33.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue6 MNOK3 MNOK
Operating margin 14.4% 3.7% 81 %
Profit margin 14.7% 3.0% shown, not part of the index
Return on assets 18.5% 8.0% 71 %
Equity ratio 65.8% 33.4% 83 %
Debt-to-equity 0.52 1.42 79 %
Current ratio 2.10 1.42 72 %
Revenue growth −26.1% 4.1% 15 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 65, Ofstad AS does better than 77% of companies in the Morning class Micro in the same sector (12,192 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Ofstad AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

Ofstad AS had an operating margin of 14.4% and an equity ratio of 65.8% in 2024, and ranks 4,334 of 19,395 in Bygg og anlegg.

From 2023 to 2024: the operating margin fell from 19.9% to 14.4% and revenue fell by 26%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 3 MNOK and 8 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.7 MNOK 10.0 7 MNOK
EV/EBIT Operating profit: 0.8 MNOK
minus net debt −1.3 MNOK
8.0 8 MNOK
P/B Equity: 3.0 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 · 2024

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 2024. The policy rate averaged 4.50 % 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 · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability76 weight 30%
Solidity81 weight 25%
Liquidity72 weight 15%
Growth15 weight 15%
Consistency63 weight 15%

Durability: 77 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is Ofstad AS?

The operating margin was 14.4% in 2024, against a median of 3.7% among companies in the Morning class Micro in the same sector. Return on assets was 18.5%.

How solid is Ofstad AS?

The equity ratio was 65.8% in 2024 (median 33.4%). Debt-to-equity was 0.52 (median 1.42).

What is the liquidity of Ofstad AS like?

The current ratio was 2.10 in 2024 (median 1.42).

How does Ofstad AS compare in Bygg og anlegg?

Ofstad AS ranks 4,334 of 19,395 in Bygg og anlegg for 2024. Among companies in the Morning class Micro it is number 2,784 of 12,192. Revenue changed by −26.1% from the year before.

From the Central Coordinating Register

Org. no.
950674792
Legal form
AS
Sector
Bygg og anlegg (41.000)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
16 January 1989 37 years in operation
Share capital
0.03 MNOK
Business address
Engene 287, 7580 SELBU
Municipality
Selbu rank 8–25 of 39 in KOSTRA group 4
Audit
Audit opted out from 25 August 2025
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

Loading roles …

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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index886559
Rank5604,3346,828
Operating margin19.9%14.4%17.5%
Return on assets34.9%18.5%22.7%
Equity ratio75.1%65.8%39.9%
Current ratio2.722.101.24
Revenue growth–−26.1%−3.3%

Accounts

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

Key figure202320242025
Operating revenue7.7 MNOK5.7 MNOK5.5 MNOK
Operating profit1.5 MNOK0.8 MNOK1.0 MNOK
Profit before tax1.6 MNOK0.8 MNOK1.0 MNOK
Net profit1.2 MNOK0.7 MNOK0.8 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets4.5 MNOK4.5 MNOK4.5 MNOK
Current assets3.0 MNOK3.2 MNOK3.3 MNOK
Equity3.4 MNOK3.0 MNOK1.8 MNOK
Retained earnings3.3 MNOK3.0 MNOK1.7 MNOK
Total liabilities1.1 MNOK1.6 MNOK2.7 MNOK
Current liabilities1.1 MNOK1.5 MNOK2.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6143251.