IDEMAL AS

Org. no. 980589692 · OSLO · Founded 1999

Score · fiscal year 2024

10of 100

How to read this: the company is ahead of 5 % of small companies in the same sector in 2024. What does this mean?

Rank: 29,813 of 31,120 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 11 and solidity 0 out of 100 among small companies in the same sector in 2024. Methodology

Against the sector

IDEMAL AS is 40 points below the median for small companies in the same sector in 2024.

Median score 50 among 30,024 companies.

Against small companies in the same sector in 2024: operating margin −10.7% (median 3.8%) and equity ratio −52.0% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin −10.7% 3.8% 15 %
Profit margin −10.6% 3.4% shown, not part of the index
Return on assets −45.3% 5.8% 7 %
Equity ratio −52.0% 36.8% 8 %
Debt-to-equity – 1.19 not compared
Current ratio 0.62 1.45 16 %
Revenue growth −23.7% 1.8% 21 %

The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 10, IDEMAL AS does better than 5% of small companies in the same sector (30,095 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • IDEMAL AS
  • Median: small companies in the same sector
Analysis · 2024

What the numbers say

IDEMAL AS had an operating margin of −10.7% and an equity ratio of −52.0% in 2024, and ranks 29,813 of 31,120 in Bygg og anlegg.

From 2023 to 2024: the equity ratio fell from −3.5% to −52.0% and the operating margin fell from −5.3% to −10.7%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −0.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.1 MNOK 8.0 not meaningful
P/B Equity: −0.1 MNOK 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

Indications · 2024

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 −52.0% (median 36.8%).

  • watch

    Consider strengthening liquidity: current liabilities are 1.6 times current assets.

    Based on: Current ratio 0.62 (median 1.45).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −10.6% (median 3.4%).

  • 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 −10.7% (median 3.8%).

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

Financial costs were 0.0% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

  • critical Negative equity
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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability11 weight 30%
Solidity0 weight 25%
Liquidity16 weight 15%
Growth21 weight 15%
Consistency8 weight 15%

Durability: 11 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is IDEMAL AS?

The operating margin was −10.7% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was −45.3%. The company made a loss before tax.

How solid is IDEMAL AS?

The equity ratio was −52.0% in 2024 (median 36.8%). Equity is negative, so liabilities exceed assets.

What is the liquidity of IDEMAL AS like?

The current ratio was 0.62 in 2024 (median 1.45). Current assets did not cover current liabilities.

How does IDEMAL AS compare in Bygg og anlegg?

IDEMAL AS ranks 29,813 of 31,120 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 28,731 of 30,095. Revenue changed by −23.7% from the year before.

From the Central Coordinating Register

Org. no.
980589692
Legal form
AS
Sector
Bygg og anlegg (43.340)
Size tier
small
Employees
0–4 (not registered)
Founded
8 February 1999 27 years in operation
Share capital
0.10 MNOK
Business address
Grindbakken 46, 0764 OSLO
Municipality
Oslo rank 63–221 of 357 in Norway
Audit
Audit opted out from 13 October 2011
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
Ivar Andreas Flatlie
Chair of the board
Ivar Andreas Flatlie
Deputy member
Britt Jorunn Lie
Accountant
FINANSTORGET 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?

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index131067
Rank26,54729,8135,675
Operating margin−5.3%−10.7%28.0%
Return on assets−15.3%−45.3%84.0%
Equity ratio−3.5%−52.0%49.1%
Current ratio0.890.621.96
Revenue growth–−23.7%6.8%

Accounts

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

Key figure202320242025
Operating revenue0.8 MNOK0.6 MNOK0.7 MNOK
Operating profit0.0 MNOK−0.1 MNOK0.2 MNOK
Profit before tax0.0 MNOK−0.1 MNOK0.2 MNOK
Net profit0.0 MNOK−0.1 MNOK0.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.3 MNOK0.1 MNOK0.2 MNOK
Current assets0.3 MNOK0.1 MNOK0.2 MNOK
Equity0.0 MNOK−0.1 MNOK0.1 MNOK
Retained earnings−0.1 MNOK−0.2 MNOK0.0 MNOK
Total liabilities0.3 MNOK0.2 MNOK0.1 MNOK
Current liabilities0.3 MNOK0.2 MNOK0.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5956605.

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