GLÅMDAL OPTIKK AS

Org. no. 970991115 · KONGSVINGER · Founded 1994 · 9 employees

Score · fiscal year 2025

49of 100

How to read this: the company is ahead of 46 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 3,971 of 7,418 · What are Morning company classes?
Place in the whole sector: 12,193 of 23,065 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 96 and solidity 6 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

GLÅMDAL OPTIKK AS is 2 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,418 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 17.6% (median 3.4%) and equity ratio 1.3% (median 36.3%).

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 revenue27 MNOK20 MNOK
Operating margin 17.6% 3.4% 94 %
Profit margin 18.1% 3.0% shown, not part of the index
Return on assets 65.1% 10.0% 99 %
Equity ratio 1.3% 36.3% 10 %
Debt-to-equity 73.82 1.52 2 %
Current ratio 0.85 1.73 7 %
Revenue growth 9.0% 5.7% 60 %
Revenue per employee3.00 MNOK2.08 MNOK

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

With an index of 49, GLÅMDAL OPTIKK AS does better than 46% of companies in the Morning class Small in the same sector (7,418 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • GLÅMDAL OPTIKK AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

GLÅMDAL OPTIKK AS has a score of 49 for 2025, rank 12,193 of 23,065 in the sector.

Strongest: Profitability: percentile 96 against peers, operating margin 17.6% against a median of 3.4%.

Weakest: Solidity: percentile 6 against peers, equity ratio 1.3% against a median of 36.3%. Liquidity: percentile 7 against peers, current ratio 0.85 against a median of 1.73.

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

GLÅMDAL OPTIKK AS had an operating margin of 17.6% and an equity ratio of 1.3% in 2025, and ranks 12,193 of 23,065 in Handel.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 0 MNOK and 44 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 3.8 MNOK 10.0 38 MNOK
EV/EBIT Operating profit: 4.7 MNOK
minus net debt −5.9 MNOK
8.0 44 MNOK
P/B Equity: 0.1 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 1.3% (median 36.3%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.2 times current assets.

    Based on: Current ratio 0.85 (median 1.73).

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

Financial costs were 0.0% 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.

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

Profitability96 weight 30%
Solidity6 weight 25%
Liquidity7 weight 15%
Growth60 weight 15%
Consistency57 weight 15%

Durability: 45 (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 GLÅMDAL OPTIKK AS?

The operating margin was 17.6% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 65.1%.

How solid is GLÅMDAL OPTIKK AS?

The equity ratio was 1.3% in 2025 (median 36.3%). Debt-to-equity was 73.82 (median 1.52).

What is the liquidity of GLÅMDAL OPTIKK AS like?

The current ratio was 0.85 in 2025 (median 1.73). Current assets did not cover current liabilities.

How does GLÅMDAL OPTIKK AS compare in Handel?

GLÅMDAL OPTIKK AS ranks 12,193 of 23,065 in Handel for 2025. Among companies in the Morning class Small it is number 3,971 of 7,418. Revenue changed by 9.0% from the year before.

From the Central Coordinating Register

Org. no.
970991115
Legal form
AS
Sector
Handel (47.740)
Morning company class
Small
Employees
9 registered 10 September 2025
Founded
1 January 1994 32 years in operation
Share capital
0.10 MNOK
Business address
Brugata 8, 2212 KONGSVINGER
Municipality
Kongsvinger rank 23–36 of 38 in KOSTRA group 7
Latest accounts filed
2025
Website
sotvedt.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
Christer Folke Westlund
Chair of the board
Erik Wøllo
Board member
Christer Folke Westlund
Board member
Frode Reitan
Auditor
BDO AS
Accountant
AZETS INSIGHT 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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index404549
Rank13,82813,20412,193
Operating margin18.2%18.7%17.6%
Return on assets60.5%66.7%65.1%
Equity ratio1.4%1.4%1.3%
Current ratio0.900.920.85
Revenue growth–2.1%9.0%

Accounts

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

Key figure202320242025
Operating revenue24.2 MNOK24.7 MNOK27.0 MNOK
Operating profit4.4 MNOK4.6 MNOK4.7 MNOK
Profit before tax4.5 MNOK4.8 MNOK4.9 MNOK
Net profit3.5 MNOK3.7 MNOK3.8 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets7.4 MNOK7.1 MNOK7.5 MNOK
Current assets6.4 MNOK6.4 MNOK6.3 MNOK
Equity0.1 MNOK0.1 MNOK0.1 MNOK
Retained earnings0.0 MNOK0.0 MNOK0.0 MNOK
Total liabilities7.3 MNOK7.0 MNOK7.4 MNOK
Current liabilities7.1 MNOK7.0 MNOK7.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6482655.

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