Konserv AS
Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more
Key facts
Is the company run well?
Five key figures against companies in the Morning class Micro in the same sector. Green is better than most, amber about like the industry and red weaker than most.
- Profitability · operating margin 98.4% Better than the industry Industry: 11.4%
- Returns · return on assets 12.7% About like the industry Industry: 18.5%
- Solidity · equity ratio 99.2% Better than the industry Industry: 44.0%
- Liquidity · current ratio 55.52 Better than the industry Industry: 1.68
The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology
Score · fiscal year 2025
78of 100
How to read this: the company is ahead of 96 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 220 of 5,282 · What are Morning company classes?
Place in the whole sector: 279 of 6,601 · Revisjon, regnskap og rådgivning
Profile
Lion · Leader
High profitability, high resilience
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 70 and resilience 88 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Konserv AS is 27 points above the median for companies in the Morning class Micro in the same sector in 2025.
Median score 51 among 5,280 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 98.4% (median 11.4%) and equity ratio 99.2% (median 44.0%).
How it has gone · 2023–2025
The equity ratio is about the same: 99.2% in 2025 against 98.7% in 2023.
Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year
Accounts in short
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | 1.2 MNOK |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 1.2 MNOK |
| Net profit | −0.5 MNOK | 0.2 MNOK | 1.3 MNOK |
| Total assets | 10.9 MNOK | 11.1 MNOK | 12.3 MNOK |
| Equity | 10.7 MNOK | 10.9 MNOK | 12.2 MNOK |
| Total liabilities | 0.1 MNOK | 0.2 MNOK | 0.1 MNOK |
From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year
From the Central Coordinating Register
- Org. no.
- 976679784
- Legal form
- AS
- Sector
- Revisjon, regnskap og rådgivning (70.200)
- Purpose
- Drive konsulent-, rådgivning- og investeringsvirksomhet, herunder å investere i og delta i andre selskaper med et hvilket som helst formål.
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 4 March 1996 30 years in operation
- Share capital
- 0.60 MNOK
- Business address
- Måltrostveien 4, 0786 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Audit
- Audit opted out from 7 November 2012
- Latest accounts filed
- 2025
- VAT registered
- No
- Former names
- Jan G Hartvig AS until 2012, JAN G HARTVIG until 1996
- LEI
- 8945009NZCMUOO839Q89 renews 8 January 2028
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
Konserv AS has a score of 78 for 2025, rank 279 of 6,601 in the sector.
Strongest: Solidity: percentile 99 against peers, equity ratio 99.2% against a median of 44.0%. Liquidity: percentile 99 against peers, current ratio 55.52 against a median of 1.68.
No area is clearly below its peers.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
Worth a closer look
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 98.4% (median 11.4%); Equity ratio 99.2% (median 44.0%); Current ratio 55.52 (median 1.68).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 173.4% 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.
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 5.7%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 70 | weight 40% |
|---|---|---|
| Solidity | 99 | weight 20% |
| Liquidity | 99 | weight 5% |
| Growth | – | no data, left out |
| Consistency | 58 | weight 10% |
Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?
Index version 3. Data completeness 75%: the share of the weights that had data.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 98.4% | 11.4% |
| Profit margin | 118.2% | 12.3% |
| Return on assets | 12.7% | 18.5% |
| Equity ratio | 99.2% | 44.0% |
| Debt-to-equity | 0.01 | 1.09 |
| Current ratio | 55.52 | 1.68 |
| Revenue growth | – | 6.5% |
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 78, Konserv AS does better than 96% of companies in the Morning class Micro in the same sector (5,282 companies) in 2025.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
Working capital and debt
| Measure | Company | Median | |
|---|---|---|---|
| Working capital | |||
| Receivable days All current receivables, including those on group companies, in days of revenue. |
33 days | 52 days | |
| Inventory and other current assets, days Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue. |
1,038 days | 0 days | |
| Net working capital to revenue Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations. |
284.9% | −7.1% | |
| Cash share of current assets How much of the short-term buffer is bank deposits and cash. |
37.3% | 54.7% | |
| Debt and interest burden | |||
| Interest coverage (times) Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt. |
6.7 | 28.2 | |
| Financial costs as a share of debt All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate. |
173.4% | 0.4% | |
| Long-term share of debt Long-term debt as a share of all debt. A low share means more falls due within a year. |
– | 1.6% | |
Net working capital (current assets less bank deposits less current liabilities): 3.4 MNOK.
Of the financial costs of 0.2 MNOK, 0.0 MNOK is reported as interest costs in the accounts.
The median and the bar refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.
The industry or the company: what drove the result?
The company and its sector's drivers
Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Konserv AS. The figures stand side by side; we claim no cause.
Turnover index: legal and accounting activities (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: legal and accounting activities, annual average | 100.4 | 107.7 | 127.0 | 135.2 | 141.7 | 149.6 (so far) |
| Change from the year before | +8.7% | +7.3% | +17.9% | +6.4% | +4.8% | +5.5% |
| The company's operating margin | – | – | – | – | 98.4% | – |
Source: SSB (13863, CC BY 4.0). Source
Turnover index: management consultancy (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Turnover index: management consultancy, annual average | 99.4 | 104.0 | 114.9 | 116.0 | 123.6 | 128.7 (so far) |
| Change from the year before | +17.3% | +4.6% | +10.5% | +1.0% | +6.5% | +4.1% |
| The company's operating margin | – | – | – | – | 98.4% | – |
Source: SSB (13863, CC BY 4.0). Source
Service prices: legal and accounting (indeks (2021 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Service prices: legal and accounting, annual average | 100.0 | 104.8 | 111.8 | 117.4 | 123.2 | 127.0 (so far) |
| Change from the year before | +3.4% | +4.8% | +6.7% | +5.0% | +4.9% | +3.1% |
| The company's operating margin | – | – | – | – | 98.4% | – |
Source: SSB (14335, CC BY 4.0). Source
Consumer price index (indeks (2025 = 100))
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Consumer price index, annual average | 84.3 | 89.2 | 94.1 | 97.0 | 100.0 | 103.0 (so far) |
| Change from the year before | +3.5% | +5.8% | +5.5% | +3.2% | +3.0% | +3.0% |
| The company's operating margin | – | – | – | – | 98.4% | – |
Source: SSB (14710, CC BY 4.0). Source
Policy rate (prosent)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Policy rate, annual average | 0.08 | 1.32 | 3.54 | 4.50 | 4.30 | 4.17 (so far) |
| Change from the year before | −0.28 percentage points | +1.24 percentage points | +2.22 percentage points | +0.96 percentage points | −0.20 percentage points | −0.12 percentage points |
| The company's operating margin | – | – | – | – | 98.4% | – |
Source: Norges Bank (IR, NLOD 2.0). Source
Wage index: legal and accounting (indeks)
| Measure | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Wage index: legal and accounting, annual average | 86.2 | 89.8 | 93.9 | 99.1 | 104.4 | 108.4 (so far) |
| Change from the year before | +5.1% | +4.3% | +4.5% | +5.6% | +5.4% | +3.8% |
| The company's operating margin | – | – | – | – | 98.4% | – |
Source: SSB (12314, CC BY 4.0). Source
We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.
What the numbers say
Konserv AS had an operating margin of 98.4% and an equity ratio of 99.2% in 2025, and ranks 279 of 6,601 in Revisjon, regnskap og rådgivning.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 5 MNOK and 31 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 22.4 | 5 MNOK |
| EV/EBIT | 17.4 | 6 MNOK |
| P/B | 4.1 | 31 MNOK |
| EV/EBIT: from enterprise value to equity | NOK |
|---|---|
| Enterprise value (EV) at the listed multiple | 6 MNOK |
| Enterprise value after the size adjustment | 4 MNOK |
| Less net debt (rough figure) | −2 MNOK |
| Equity value | 6 MNOK |
Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt. Net debt is −53% of the enterprise value after the size adjustment, so the equity value from EV/EBIT is sensitive to errors in the debt figure.
The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.
The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Business & Consumer Services.
Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more
A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation
Questions and answers
How profitable is Konserv AS?
The operating margin was 98.4% in 2025, against a median of 11.4% among companies in the Morning class Micro in the same sector. Return on assets was 12.7%.
How solid is Konserv AS?
The equity ratio was 99.2% in 2025 (median 44.0%). Debt-to-equity was 0.01 (median 1.09).
What is the liquidity of Konserv AS like?
The current ratio was 55.52 in 2025 (median 1.68).
How does Konserv AS compare in Revisjon, regnskap og rådgivning?
Konserv AS ranks 279 of 6,601 in Revisjon, regnskap og rådgivning for 2025. Among companies in the Morning class Micro it is number 220 of 5,282.
Competitors
The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.
Each bubble is a company: this company and its closest competitors in the same line of business and size, the same ones the competitor analysis uses. Placement is 0–100 against the whole sector and Morning company class: further right is more robust, higher up is more profitable. Bubble size is revenue. The light bubble and arrow show where the company stood the year before. Pick a profile to see fewer at a time.
| Company | Profile | Operating revenue | Operating margin | Score |
|---|---|---|---|---|
| Morris Autohandel AS |  Elephant |
1 MNOK | 9.0% | 49 |
| Martanello C AS | Elephant |
1 MNOK | 10.3% | 53 |
| Fuse Identities AS |  Lion |
1 MNOK | 23.8% | 63 |
| Authentic ME AS · same municipality |  Cheetah |
1 MNOK | 17.9% | 69 |
| Ageri AS · same municipality |  Beaver |
1 MNOK | −12.1% | 14 |
| Panoramica AS | Beaver |
1 MNOK | −5.0% | 17 |
| Trond Haug Holding AS | Lion |
1 MNOK | 95.7% | 76 |
| Konserv AS (this company) | Lion |
1 MNOK | 98.4% | 78 |
| Gabriel Scott Invest AS · same municipality | Lion |
1 MNOK | 75.0% | 58 |
The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis
Ownership and roles
Loading roles …
Source: Central Coordinating Register, fetched 7 November 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.
Shareholders (2025)
- Number of shareholders
- 4
- Largest owner
- 32.1% · top three 96.3%
- Split
- companies 0% · private persons 100% · foreign 0%
- Owned from the same municipality
- 100%
- Owners over 60
- 4% of the shares held by persons (median age 33)
Change 2007–2025: no material change in the owners.
The portfolio: 4 of the companies it owns shares in have accounts with us, 0 of them as majority owner. The average index is 45. 0 have negative equity and 0 made a loss in the latest year.
Holds shares in: Arcticzymes Technologies ASA (0%), Aker BP ASA (0%), Borregaard ASA (0%), Equinor ASA (0%)
Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.
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.
Is this your company? Suggest changes or add information
Figures last fetched 9 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | 78 | |
| Rank | – | – | 279 | |
| Operating margin | – | – | 98.4% | |
| Return on assets | 3.6% | 3.3% | 12.7% | |
| Equity ratio | 98.7% | 98.3% | 99.2% | |
| Current ratio | 81.18 | 42.74 | 55.52 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | 1.2 MNOK |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 1.2 MNOK |
| Profit before tax | −0.4 MNOK | 0.3 MNOK | 1.4 MNOK |
| Tax expense | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Net profit | −0.5 MNOK | 0.2 MNOK | 1.3 MNOK |
| Financial expenses | 0.8 MNOK | 0.1 MNOK | 0.2 MNOK |
| Total assets | 10.9 MNOK | 11.1 MNOK | 12.3 MNOK |
| Current assets | 4.0 MNOK | 4.3 MNOK | 5.5 MNOK |
| Equity | 10.7 MNOK | 10.9 MNOK | 12.2 MNOK |
| Retained earnings | 10.7 MNOK | 10.9 MNOK | 12.2 MNOK |
| Total liabilities | 0.1 MNOK | 0.2 MNOK | 0.1 MNOK |
| Current liabilities | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 6749792.
Further
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News and announcements
- 23 September 2026 Nedsettelse av kapital (opens in a new tab) Source: Brønnøysundregistrene
From official sources: the Brønnøysund Register Centre, Oslo Børs NewsWeb and public agencies. We show the title, date and a link to the source. The link to a company, sector or municipality is automatic and may be wrong. Report a wrong link