Trond Flatval AS

Org. no. 970980172 · Trondheim · Founded 1994

Score · fiscal year 2025

38of 100

How to read this: the company is ahead of 29 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 8,101 of 11,388 · What are Morning company classes?
Place in the whole sector: 16,761 of 23,059 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 53 and solidity 14 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Trond Flatval AS is 12 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 11,385 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin −5.8% (median 2.6%) and equity ratio 4.5% (median 33.8%).

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 revenue2 MNOK4 MNOK
Operating margin −5.8% 2.6% 18 %
Profit margin 46.5% 2.2% shown, not part of the index
Return on assets 31.7% 6.2% 88 %
Equity ratio 4.5% 33.8% 24 %
Debt-to-equity 20.99 1.23 5 %
Current ratio 1.21 1.75 31 %
Revenue growth 6.5% 4.0% 56 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 38, Trond Flatval AS does better than 29% of companies in the Morning class Micro in the same sector (11,388 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Trond Flatval AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

Trond Flatval AS has a score of 38 for 2025, rank 16,761 of 23,059 in the sector.

Strongest: Growth: percentile 56 against peers, revenue growth 6.5% against a median of 4.0%.

Weakest: Solidity: percentile 14 against peers, equity ratio 4.5% against a median of 33.8%. Liquidity: percentile 31 against peers, current ratio 1.21 against a median of 1.75.

Worth a closer look

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

Trond Flatval AS had an operating margin of −5.8% and an equity ratio of 4.5% in 2025, and ranks 16,761 of 23,059 in Handel.

From 2024 to 2025: the equity ratio fell from 81.5% to 4.5% and the operating margin fell from −1.8% to −5.8%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 5 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.5 MNOK 10.0 5 MNOK
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: 0.2 MNOK 1.0 0 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

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 4.5% (median 33.8%).

  • 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 −5.8% (median 2.6%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 5.6% 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.

See interest rates, prices and exchange rates for the sector

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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability53 weight 30%
Solidity14 weight 25%
Liquidity31 weight 15%
Growth56 weight 15%
Consistency34 weight 15%

Durability: 61 (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 Trond Flatval AS?

The operating margin was −5.8% in 2025, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was 31.7%.

How solid is Trond Flatval AS?

The equity ratio was 4.5% in 2025 (median 33.8%). Debt-to-equity was 20.99 (median 1.23).

What is the liquidity of Trond Flatval AS like?

The current ratio was 1.21 in 2025 (median 1.75).

How does Trond Flatval AS compare in Handel?

Trond Flatval AS ranks 16,761 of 23,059 in Handel for 2025. Among companies in the Morning class Micro it is number 8,101 of 11,388. Revenue changed by 6.5% from the year before.

From the Central Coordinating Register

Org. no.
970980172
Legal form
AS
Sector
Handel (46.150)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
2 January 1994 32 years in operation
Share capital
0.10 MNOK
Business address
Væressletta 13B, 7055 RANHEIM (TRONDHEIM)
Municipality
Trondheim rank 3 of 11 in KOSTRA group 12
Audit
Audit opted out from 17 October 2011
Latest accounts filed
2025
LEI
8945009UFUI3O8IZ6676 renews 25 July 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
Trond Arild Flatval
Chair of the board
Trond Arild Flatval
Accountant
Mili Økonomi AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
No parent company: owned by persons

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index796838
Rank2,1583,98316,761
Operating margin27.5%−1.8%−5.8%
Return on assets29.8%37.1%31.7%
Equity ratio60.8%81.5%4.5%
Current ratio2.555.401.21
Revenue growth–−29.8%6.5%

Accounts

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

Key figure202320242025
Operating revenue2.6 MNOK1.8 MNOK1.9 MNOK
Operating profit0.7 MNOK0.0 MNOK−0.1 MNOK
Profit before tax0.8 MNOK0.7 MNOK0.9 MNOK
Net profit0.7 MNOK0.7 MNOK0.5 MNOK
Financial expenses0.1 MNOK0.4 MNOK0.2 MNOK
Total assets3.2 MNOK3.0 MNOK3.4 MNOK
Current assets3.2 MNOK3.0 MNOK3.4 MNOK
Equity2.0 MNOK2.4 MNOK0.2 MNOK
Retained earnings1.9 MNOK2.3 MNOK0.1 MNOK
Total liabilities1.3 MNOK0.6 MNOK3.3 MNOK
Current liabilities1.3 MNOK0.6 MNOK2.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6455891.