Workinn AS
Score · fiscal year 2024
82of 100
How to read this: the company is ahead of 97 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?
Rank in the Morning class Medium: 54 of 1,723 · What are Morning company classes?
Place in the whole sector: 577 of 19,403 · 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 97 and solidity 94 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology
Against the sector
Workinn AS is 31 points above the median for companies in the Morning class Medium in the same sector in 2024.
Median score 51 among 1,723 companies.
Against companies in the Morning class Medium in the same sector in 2024: operating margin 37.0% (median 4.6%) and equity ratio 61.7% (median 30.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 123 MNOK | 90 MNOK |
| Operating margin | 37.0% | 4.6% |
| Profit margin | 39.1% | 4.6% |
| Return on assets | 37.6% | 11.8% |
| Equity ratio | 61.7% | 30.1% |
| Debt-to-equity | 0.62 | 2.28 |
| Current ratio | 1.54 | 1.39 |
| Revenue growth | 22.8% | 5.7% |
| Revenue per employee | 3.62 MNOK | 2.48 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 82, Workinn AS does better than 97% of companies in the Morning class Medium in the same sector (1,723 companies) in 2024.
Score 2023–2025
- Workinn AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Workinn AS had an operating margin of 37.0% and an equity ratio of 61.7% in 2024, and ranks 577 of 19,403 in Bygg og anlegg.
From 2023 to 2024: the operating margin rose from 18.2% to 37.0% and revenue grew by 23%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 79 MNOK and 397 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 377 MNOK |
| EV/EBIT | 8.0 | 397 MNOK |
| P/B | 1.0 | 79 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
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 0.2% 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.
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
What the score is made of
| Profitability | 97 | weight 30% |
|---|---|---|
| Solidity | 94 | weight 25% |
| Liquidity | 62 | weight 15% |
| Growth | 74 | weight 15% |
| Consistency | 57 | weight 15% |
Durability: 87 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Workinn AS?
The operating margin was 37.0% in 2024, against a median of 4.6% among companies in the Morning class Medium in the same sector. Return on assets was 37.6%.
How solid is Workinn AS?
The equity ratio was 61.7% in 2024 (median 30.1%). Debt-to-equity was 0.62 (median 2.28).
What is the liquidity of Workinn AS like?
The current ratio was 1.54 in 2024 (median 1.39).
How does Workinn AS compare in Bygg og anlegg?
Workinn AS ranks 577 of 19,403 in Bygg og anlegg for 2024. Among companies in the Morning class Medium it is number 54 of 1,723. Revenue changed by 22.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 966432578
- Legal form
- AS
- Sector
- Bygg og anlegg (43.120)
- Morning company class
- Medium
- Employees
- 34 registered 10 September 2026
- Founded
- 9 April 1993 33 years in operation
- Share capital
- 0.41 MNOK
- Business address
- Kvaløyvegen 332, 9016 TROMSØ
- Municipality
- Tromsø rank 9 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- Website
- workinnas.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
- Simen Andre Workinn
- Chair of the board
- Per Trygve Kongsnes
- Board member
- Erlend Workinn
- Board member
- Monica Mathiassen
- Auditor
- Alfa Revisjon AS
- Accountant
- Vsk Regnskap AS
- Accountant
- Aktiv Regnskapsbyrå Tromsø AS
Source: Central Coordinating Register, fetched 31 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 | 93 | 82 | 80 | |
| Rank | 151 | 577 | 709 | |
| Operating margin | 18.2% | 37.0% | 32.3% | |
| Return on assets | 22.7% | 37.6% | 35.7% | |
| Equity ratio | 72.8% | 61.7% | 72.0% | |
| Current ratio | 2.02 | 1.54 | 2.41 | |
| Revenue growth | – | 22.8% | −4.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 100.2 MNOK | 123.0 MNOK | 117.5 MNOK |
| Operating profit | 18.2 MNOK | 45.6 MNOK | 37.9 MNOK |
| Profit before tax | 19.8 MNOK | 48.1 MNOK | 49.2 MNOK |
| Net profit | 15.4 MNOK | 37.7 MNOK | 40.5 MNOK |
| Financial expenses | 0.1 MNOK | 0.1 MNOK | 0.2 MNOK |
| Total assets | 87.1 MNOK | 128.2 MNOK | 138.3 MNOK |
| Current assets | 45.8 MNOK | 73.4 MNOK | 87.6 MNOK |
| Equity | 63.5 MNOK | 79.1 MNOK | 99.6 MNOK |
| Retained earnings | 63.1 MNOK | 78.7 MNOK | 99.2 MNOK |
| Total liabilities | 23.7 MNOK | 49.1 MNOK | 38.7 MNOK |
| Current liabilities | 22.7 MNOK | 47.8 MNOK | 36.3 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6029767.
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