Risa AS

Org. no. 980404129 · Hå · Founded 1998 · 640 employees

Score · fiscal year 2023

62of 100

How to read this: the company is ahead of 71 % of companies in the Morning class Large in the same sector in 2023. What does this mean?

Rank in the Morning class Large: 44 of 147 · What are Morning company classes?
Place in the whole sector: 5,880 of 18,336 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 54 and solidity 72 out of 100 among companies in the Morning class Large in the same sector in 2023. Methodology

Against the sector

Risa AS is 12 points above the median for companies in the Morning class Large in the same sector in 2023.

Median score 50 among 147 companies.

Against companies in the Morning class Large in the same sector in 2023: operating margin 4.2% (median 3.8%) and equity ratio 28.4% (median 22.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue2,145 MNOK802 MNOK
Operating margin 4.2% 3.8% 54 %
Profit margin 4.5% 4.3% shown, not part of the index
Return on assets 10.1% 9.4% 55 %
Equity ratio 28.4% 22.8% 73 %
Debt-to-equity 2.52 3.37 72 %
Current ratio 1.45 1.20 82 %
Revenue growth – – not compared
Revenue per employee3.35 MNOK5.13 MNOK

The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 62, Risa AS does better than 71% of companies in the Morning class Large in the same sector (147 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Risa AS
  • Median: companies in the Morning class Large in the same sector
Analysis · 2023

What the numbers say

Risa AS had an operating margin of 4.2% and an equity ratio of 28.4% in 2023, and ranks 5,880 of 18,336 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 272 MNOK and 744 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 74.4 MNOK 10.0 744 MNOK
EV/EBIT Operating profit: 90.0 MNOK
minus net debt 13.4 MNOK
8.0 706 MNOK
P/B Equity: 272.0 MNOK 1.0 272 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 · 2023

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 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

No anomalies found in the figures.

Stress test · 2021

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

Components · 2023

What the score is made of

Profitability54 weight 30%
Solidity72 weight 25%
Liquidity82 weight 15%
Growth– no data, left out
Consistency41 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Risa AS?

The operating margin was 4.2% in 2023, against a median of 3.8% among companies in the Morning class Large in the same sector. Return on assets was 10.1%.

How solid is Risa AS?

The equity ratio was 28.4% in 2023 (median 22.8%). Debt-to-equity was 2.52 (median 3.37).

What is the liquidity of Risa AS like?

The current ratio was 1.45 in 2023 (median 1.20).

How does Risa AS compare in Bygg og anlegg?

Risa AS ranks 5,880 of 18,336 in Bygg og anlegg for 2023. Among companies in the Morning class Large it is number 44 of 147.

Public contracts

Contracts awarded since 2024
20
in 17 notices (lots counted separately)
Total awarded value since 2024
1,424.9 MNOK
7 contracts without a stated value are not in the total.
Framework agreements
6
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
15 September 2026 KRISTIANSAND KOMMUNE Kontraktstildeling - Rammeavtale - Gravetillatelse og arbeidsvarslingsplaner 4.5 MNOK (framework) 34920000
19 June 2026 Statens vegvesen Sykkelekspressveg E18 Vollevannet - Oddemarka 141.8 MNOK 45233100
17 June 2026 Nye Veier Drift og vedlikehold av vei – E6 Trøndelag 400.0 MNOK 63700000
18 May 2026 Statens vegvesen 9131 Renhold tunneler Innlandet 2026-2031 46.9 MNOK 63700000
17 April 2026 Statens vegvesen 9205 Driftskontrakt veg Telemark vest 2026-2031 659.1 MNOK 63700000
2 March 2026 Statens vegvesen E39 Gismarvik - Aksdal 143.1 MNOK 45000000
27 October 2025 Rogaland fylkeskommune Rammeavtale Mindre vegarbeider i Rogaland 2025-2029 400.0 MNOK (framework) 45000000
17 June 2025 Rogaland fylkeskommune Konkurranse Bypakken Haugesund - Fastlands-Karmøy, Haugalandspakken-Grunnarbeid for etablering og riving av bomstasjoner 14.5 MNOK 45000000
28 May 2025 Avinor AS Stavanger lufthavn - T-192632 - Vinterdrift 19.5 MNOK 90000000
1 March 2025 Rogaland fylkeskommune Fv. 334 Prestegårdsvegen - Utskifting kulvert value not stated 45221100

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
980404129
Legal form
AS
Sector
Bygg og anlegg (42.110)
Morning company class
Large
Employees
640 registered 10 October 2026
Founded
14 December 1998 27 years in operation
Share capital
0.41 MNOK
Business address
Bjorlandsringen 99, 4365 NÆRBØ (HÅ)
Municipality
Hå rank 10–35 of 38 in KOSTRA group 7
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

Loading roles …

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.

Report an issue

Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index625849
Rank5,8806,83610,584
Operating margin4.2%3.5%3.1%
Return on assets10.1%9.1%8.0%
Equity ratio28.4%29.3%26.3%
Current ratio1.451.631.48
Revenue growth–−0.8%−8.7%

Accounts

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

Key figure202320242025
Operating revenue2,145.3 MNOK2,128.8 MNOK1,944.4 MNOK
Operating profit90.0 MNOK73.6 MNOK60.4 MNOK
Profit before tax95.6 MNOK84.0 MNOK80.2 MNOK
Net profit74.4 MNOK65.7 MNOK64.0 MNOK
Financial expenses1.3 MNOK15.3 MNOK9.7 MNOK
Total assets958.4 MNOK1,094.2 MNOK1,119.0 MNOK
Current assets929.8 MNOK1,060.6 MNOK1,077.3 MNOK
Equity272.0 MNOK320.8 MNOK294.3 MNOK
Retained earnings109.6 MNOK158.4 MNOK131.9 MNOK
Total liabilities686.5 MNOK773.4 MNOK824.8 MNOK
Current liabilities642.2 MNOK651.1 MNOK729.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4602457.