NOVATEK AS
Score · fiscal year 2025
49of 100
How to read this: the company is ahead of 48 % of small companies in the same sector in 2025. What does this mean?
Rank: 20,326 of 38,670 · Handel
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 34 and solidity 46 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
NOVATEK AS is 1 points below the median for small companies in the same sector in 2025.
Median score 50 among 36,110 companies.
Against small companies in the same sector in 2025: operating margin −0.4% (median 2.5%) and equity ratio 40.1% (median 38.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 34 MNOK | 3 MNOK |
| Operating margin | −0.4% | 2.5% |
| Profit margin | −0.7% | 2.2% |
| Return on assets | −0.9% | 4.0% |
| Equity ratio | 40.1% | 38.3% |
| Debt-to-equity | 1.49 | 0.99 |
| Current ratio | 1.56 | 1.70 |
| Revenue growth | 43.4% | 3.5% |
| Revenue per employee | 4.80 MNOK | 1.62 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 49, NOVATEK AS does better than 48% of small companies in the same sector (36,579 companies) in 2025.
Score 2023–2025
- NOVATEK AS
- Median: small companies in the same sector
NOVATEK AS has a score of 49 for 2025, rank 20,326 of 38,670 in the sector.
Strongest: Growth: percentile 85 against peers, revenue growth 43.4% against a median of 3.5%.
Weakest: Profitability: percentile 34 against peers, operating margin −0.4% against a median of 2.5%.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −0.7% (median 2.2%).
- What lies behind weak profitability, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
NOVATEK AS had an operating margin of −0.4% and an equity ratio of 40.1% in 2025, and ranks 20,326 of 38,670 in Handel.
From 2024 to 2025: revenue grew by 43% and the operating margin rose from −8.5% to −0.4%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 6 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 6 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
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −0.7% (median 2.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 1.2% 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.
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 34 | weight 30% |
|---|---|---|
| Solidity | 46 | weight 25% |
| Liquidity | 46 | weight 15% |
| Growth | 85 | weight 15% |
| Consistency | 50 | weight 15% |
Durability: 46 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NOVATEK AS?
The operating margin was −0.4% in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was −0.9%. The company made a loss before tax.
How solid is NOVATEK AS?
The equity ratio was 40.1% in 2025 (median 38.3%). Debt-to-equity was 1.49 (median 0.99).
What is the liquidity of NOVATEK AS like?
The current ratio was 1.56 in 2025 (median 1.70).
How does NOVATEK AS compare in Handel?
NOVATEK AS ranks 20,326 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 19,019 of 36,579. Revenue changed by 43.4% from the year before.
Public contracts
- Contracts awarded since 2024
- 0
- Total awarded value since 2024
- value not stated
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 17 October 2019 | Oslo kommune Energigjenvinningsetaten | ID 19-11 Rådgivning og forbruksmateriell til vannbehandling og vannrens | value not stated |
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 27 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.
- 951065706
- Legal form
- AS
- Sector
- Handel (46.640)
- Size tier
- small
- Employees
- 7 registered 10 February 2026
- Founded
- 30 January 1989 37 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Tømmerkrana 24, 3048 DRAMMEN
- Municipality
- Drammen rank 10 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- novatek.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
- Jørn Torstensen
- Chair of the board
- Kjell Bernt Kalland
- Board member
- Thorn Fredrik Hemsen
- Board member
- Trond Tjemsland
- Auditor
- ERNST & YOUNG AS
- Accountant
- PEDERSEN & SKOGHOLT REGNSKAP 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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 54 | 36 | 49 | |
| Rank | 14,887 | 27,449 | 20,326 | |
| Operating margin | 13.0% | −8.5% | −0.4% | |
| Return on assets | 22.7% | −17.9% | −0.9% | |
| Equity ratio | 25.6% | 39.5% | 40.1% | |
| Current ratio | 1.18 | 1.39 | 1.56 | |
| Revenue growth | – | −14.4% | 43.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 27.4 MNOK | 23.4 MNOK | 33.6 MNOK |
| Operating profit | 3.6 MNOK | −2.0 MNOK | −0.1 MNOK |
| Profit before tax | 3.6 MNOK | −1.9 MNOK | −0.2 MNOK |
| Net profit | 2.8 MNOK | −1.5 MNOK | −0.2 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 16.0 MNOK | 10.3 MNOK | 14.4 MNOK |
| Current assets | 14.1 MNOK | 8.7 MNOK | 13.0 MNOK |
| Equity | 4.1 MNOK | 4.1 MNOK | 5.8 MNOK |
| Retained earnings | 4.0 MNOK | 4.0 MNOK | 3.8 MNOK |
| Total liabilities | 11.9 MNOK | 6.2 MNOK | 8.6 MNOK |
| Current liabilities | 11.9 MNOK | 6.2 MNOK | 8.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6546773.
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