K-TEC AS
Score · fiscal year 2023
12of 100
How to read this: the company is ahead of 9 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?
Rank in the Morning class Micro: 10,470 of 11,466 · What are Morning company classes?
Place in the whole sector: 17,025 of 18,403 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 32 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology
Against the sector
K-TEC AS is 38 points below the median for companies in the Morning class Micro in the same sector in 2023.
Median score 50 among 11,463 companies.
Against companies in the Morning class Micro in the same sector in 2023: operating margin 1.8% (median 4.0%) and equity ratio −276.1% (median 34.1%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 1 MNOK | 3 MNOK |
| Operating margin | 1.8% | 4.0% |
| Profit margin | −0.8% | 3.3% |
| Return on assets | −4.4% | 7.9% |
| Equity ratio | −276.1% | 34.1% |
| Debt-to-equity | – | 1.45 |
| Current ratio | 0.06 | 1.43 |
| Revenue growth | – | 7.4% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 12, K-TEC AS does better than 9% of companies in the Morning class Micro in the same sector (11,466 companies) in 2023.
Score 2023–2025
- K-TEC AS
- Median: companies in the Morning class Micro in the same sector
What the numbers say
K-TEC AS had an operating margin of 1.8% and an equity ratio of −276.1% in 2023, and ranks 17,025 of 18,403 in Bygg og anlegg.
This text is generated automatically from the 2023 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −276.1% (median 34.1%).
- critical
Consider strengthening liquidity: current liabilities are 17.1 times current assets.
Based on: Current ratio 0.06 (median 1.43).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −0.8% (median 3.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were −0.9% of the debt in 2023. The policy rate averaged 3.54 % 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
- critical Negative equity
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 | 32 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 1 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 1 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is K-TEC AS?
The operating margin was 1.8% in 2023, against a median of 4.0% among companies in the Morning class Micro in the same sector. Return on assets was −4.4%. The company made a loss before tax.
How solid is K-TEC AS?
The equity ratio was −276.1% in 2023 (median 34.1%). Equity is negative, so liabilities exceed assets.
What is the liquidity of K-TEC AS like?
The current ratio was 0.06 in 2023 (median 1.43). Current assets did not cover current liabilities.
How does K-TEC AS compare in Bygg og anlegg?
K-TEC AS ranks 17,025 of 18,403 in Bygg og anlegg for 2023. Among companies in the Morning class Micro it is number 10,470 of 11,466.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 979410808
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (43.210)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 31 October 1997 29 years in operation
- Share capital
- 0.10 MNOK
- Business address
- c/o Jon Magnus Kvitberg, Taranrødveien 120, 3171 SEM (TØNSBERG)
- Municipality
- Tønsberg rank 2 of 10 in KOSTRA group 11
- Audit
- Audit opted out from 23 November 2020
- Latest accounts filed
- 2025
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
- Anne-Tone Johansen Kvitberg
- Chair of the board
- Jon Magnus Kvitberg
- Board member
- Anne-Tone Johansen Kvitberg
- Accountant
- AVANTI RÅDGIVNING 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.
Figures last fetched 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 12 | 49 | – | |
| Rank | 17,025 | 10,190 | – | |
| Operating margin | 1.8% | 26.7% | −43.0% | |
| Return on assets | −4.4% | 98.5% | −110.0% | |
| Equity ratio | −276.1% | −269.2% | −600.7% | |
| Current ratio | 0.06 | 0.54 | 0.27 | |
| Revenue growth | – | 112.9% | −61.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.1 MNOK | 2.4 MNOK | 0.9 MNOK |
| Operating profit | 0.0 MNOK | 0.6 MNOK | −0.4 MNOK |
| Profit before tax | 0.0 MNOK | 0.6 MNOK | −0.4 MNOK |
| Net profit | 0.0 MNOK | 0.6 MNOK | −0.4 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.9 MNOK | 0.6 MNOK | 0.4 MNOK |
| Current assets | 0.1 MNOK | 0.6 MNOK | 0.3 MNOK |
| Equity | −2.4 MNOK | −1.7 MNOK | −2.2 MNOK |
| Retained earnings | −2.5 MNOK | −1.8 MNOK | −2.3 MNOK |
| Total liabilities | 3.2 MNOK | 2.4 MNOK | 2.5 MNOK |
| Current liabilities | 1.8 MNOK | 1.0 MNOK | 1.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4658151.
Further
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