AS SPAR KJØP
Score · fiscal year 2025
33of 100
How to read this: the company is ahead of 17 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 29,611 of 38,670 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 4 and solidity 67 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
AS SPAR KJØP is 16 points below the median for medium-sized companies in the same sector in 2025.
Median score 49 among 2,198 companies.
Against medium-sized companies in the same sector in 2025: operating margin −8.2% (median 3.2%) and equity ratio 45.6% (median 32.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 925 MNOK | 173 MNOK |
| Operating margin | −8.2% | 3.2% |
| Profit margin | −9.9% | 3.2% |
| Return on assets | −5.4% | 11.6% |
| Equity ratio | 45.6% | 32.6% |
| Debt-to-equity | 1.20 | 2.03 |
| Current ratio | 1.59 | 1.38 |
| Revenue growth | 0.9% | 6.8% |
| Revenue per employee | 1.77 MNOK | 6.45 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 33, AS SPAR KJØP does better than 17% of medium-sized companies in the same sector (2,203 companies) in 2025.
Score 2023–2025
- AS SPAR KJØP
- Median: medium-sized companies in the same sector
AS SPAR KJØP has a score of 33 for 2025, rank 29,611 of 38,670 in the sector.
Strongest: Solidity: percentile 67 against peers, equity ratio 45.6% against a median of 32.6%. Liquidity: percentile 62 against peers, current ratio 1.59 against a median of 1.38.
Weakest: Profitability: percentile 4 against peers, operating margin −8.2% against a median of 3.2%. Consistency: percentile 13 against peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −9.9% (median 3.2%).
- The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors? Based on: operating margin −8.2% (median 3.2%).
- What lies behind weak profitability, and will it last?
- What lies behind weak consistency, 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
AS SPAR KJØP had an operating margin of −8.2% and an equity ratio of 45.6% in 2025, and ranks 29,611 of 38,670 in Handel.
From 2024 to 2025: the operating margin rose from −11.0% to −8.2%.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 453 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 453 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 −9.9% (median 3.2%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −8.2% (median 3.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 7.0% 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 | 4 | weight 30% |
|---|---|---|
| Solidity | 67 | weight 25% |
| Liquidity | 62 | weight 15% |
| Growth | 29 | weight 15% |
| Consistency | 13 | weight 15% |
Durability: 36 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is AS SPAR KJØP?
The operating margin was −8.2% in 2025, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was −5.4%. The company made a loss before tax.
How solid is AS SPAR KJØP?
The equity ratio was 45.6% in 2025 (median 32.6%). Debt-to-equity was 1.20 (median 2.03).
What is the liquidity of AS SPAR KJØP like?
The current ratio was 1.59 in 2025 (median 1.38).
How does AS SPAR KJØP compare in Handel?
AS SPAR KJØP ranks 29,611 of 38,670 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 1,826 of 2,203. Revenue changed by 0.9% from the year before.
From the Central Coordinating Register
- Org. no.
- 952884840
- Legal form
- AS
- Sector
- Handel (47.120)
- Size tier
- medium
- Employees
- 522 registered 10 October 2026
- Founded
- 16 March 1989 37 years in operation
- Share capital
- 0.40 MNOK
- Business address
- Kokstadflaten 30, 5257 KOKSTAD (BERGEN)
- Municipality
- Bergen rank 8 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 5493006V0W4UH2KN7E93 renews 8 October 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
- Iwan Eide Knudsen
- Chair of the board
- Iwan Eide Knudsen
- Board member
- Isabell Eide Knudsen
- Board member
- Markus Eide Knudsen
- Board member
- Dag Magne Vedvik
- Board member
- Ragnvald Engum
- Board member
- Birgit Innselset
- Board member
- Christina Strand Eide-Knudsen
- Deputy member
- Siv Christin Vassenden
- Deputy member
- Aarnoud-Jan Synnevaag Van Der Mark
- Auditor
- COLLEGIUM REVISJON AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- WEST COAST INVEST HOLDING AS (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.
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 | 43 | 33 | 33 | |
| Rank | 21,511 | 28,547 | 29,611 | |
| Operating margin | −2.6% | −11.0% | −8.2% | |
| Return on assets | 0.5% | −8.6% | −5.4% | |
| Equity ratio | 52.2% | 50.0% | 45.6% | |
| Current ratio | 1.74 | 1.67 | 1.59 | |
| Revenue growth | – | −7.6% | 0.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 992.1 MNOK | 916.6 MNOK | 925.2 MNOK |
| Operating profit | −25.7 MNOK | −101.1 MNOK | −76.1 MNOK |
| Profit before tax | −35.9 MNOK | −114.3 MNOK | −91.2 MNOK |
| Net profit | −28.1 MNOK | −89.2 MNOK | −71.2 MNOK |
| Financial expenses | 39.9 MNOK | 36.3 MNOK | 38.0 MNOK |
| Total assets | 862.7 MNOK | 904.2 MNOK | 995.0 MNOK |
| Current assets | 715.2 MNOK | 752.7 MNOK | 858.0 MNOK |
| Equity | 450.1 MNOK | 451.9 MNOK | 453.3 MNOK |
| Retained earnings | 99.1 MNOK | 9.9 MNOK | – |
| Total liabilities | 412.6 MNOK | 452.3 MNOK | 541.8 MNOK |
| Current liabilities | 410.4 MNOK | 449.9 MNOK | 539.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7179785.
Further
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