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Tratec AS

Org. no. 981360346 · Farsund · Founded 1999

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Score · fiscal year 2023

71of 100

How to read this: the company is ahead of 80 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 2,275 of 11,466 · What are Morning company classes?
Place in the whole sector: 3,596 of 18,403 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 30 and solidity 98 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Tratec AS is 21 points above 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 −32.1% (median 4.0%) and equity ratio 89.8% (median 34.1%).

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 revenue10 MNOK3 MNOK
Operating margin −32.1% 4.0% 2 %
Profit margin 170.2% 3.3% shown, not part of the index
Return on assets 11.1% 7.9% 57 %
Equity ratio 89.8% 34.1% 98 %
Debt-to-equity 0.11 1.45 98 %
Current ratio 3.00 1.43 85 %
Revenue growth – 7.4% not compared

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 71, Tratec AS does better than 80% of companies in the Morning class Micro in the same sector (11,466 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Tratec AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2023

What the numbers say

Tratec AS had an operating margin of −32.1% and an equity ratio of 89.8% in 2023, and ranks 3,596 of 18,403 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 131 MNOK and 158 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 15.8 MNOK 10.0 158 MNOK
EV/EBIT Operating profit: −3.0 MNOK 8.0 not meaningful
P/B Equity: 131.3 MNOK 1.0 131 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

  • 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 −32.1% (median 4.0%).

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

Profitability30 weight 30%
Solidity98 weight 25%
Liquidity85 weight 15%
Growth– no data, left out
Consistency93 weight 15%

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

2023

Questions and answers

How profitable is Tratec AS?

The operating margin was −32.1% in 2023, against a median of 4.0% among companies in the Morning class Micro in the same sector. Return on assets was 11.1%.

How solid is Tratec AS?

The equity ratio was 89.8% in 2023 (median 34.1%). Debt-to-equity was 0.11 (median 1.45).

What is the liquidity of Tratec AS like?

The current ratio was 3.00 in 2023 (median 1.43).

How does Tratec AS compare in Bygg og anlegg?

Tratec AS ranks 3,596 of 18,403 in Bygg og anlegg for 2023. Among companies in the Morning class Micro it is number 2,275 of 11,466.

Group accounts · 2025

40 of 100

Rank 88 of 126 groups in the Morning class Large in Bygg og anlegg. Groups are ranked only against other groups in the same sector and class, never against single companies.

Operating revenue, group
998 MNOK
Operating profit, group
10 MNOK
Profit before tax, group
0 MNOK
Total assets, group
566 MNOK
Equity, group
160 MNOK
Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2023)
Operating margin1.0% –
Return on assets3.3% –
Equity ratio28.2% –
Current ratio1.31 –
Revenue growth−10.0% –

Group index in earlier years: 2023: 63 (36 of 116), 2024: 47 (70 of 121).

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).

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.
981360346
Legal form
AS · part of a group
Sector
Bygg og anlegg (43.210)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
6 December 1999 26 years in operation
Share capital
2.90 MNOK
Business address
Kjørkleiv, 4550 FARSUND
Municipality
Farsund rank 5–15 of 40 in KOSTRA group 1
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
Bent-Ståle Johansen
Chair of the board
William Willumsen
Board member
Jan Ove Aasen
Board member
Christian Willumsen
Board member
Trond Robstad
Board member
Toril Bjørnestad Hodnemyr
Board member
Christian Frustøl
Auditor
Cedra Norge AS
Accountant
IT Regnskap 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
Index716764
Rank3,5963,8664,795
Operating margin−32.1%−28.0%−40.8%
Return on assets11.1%11.8%13.0%
Equity ratio89.8%91.6%94.5%
Current ratio3.003.557.15
Revenue growth–9.7%−8.3%

Accounts

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

Key figure202320242025
Operating revenue9.5 MNOK10.4 MNOK9.6 MNOK
Operating profit−3.0 MNOK−2.9 MNOK−3.9 MNOK
Profit before tax16.2 MNOK17.8 MNOK21.0 MNOK
Net profit15.8 MNOK17.3 MNOK21.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets146.2 MNOK151.1 MNOK161.3 MNOK
Current assets44.7 MNOK45.0 MNOK63.7 MNOK
Equity131.3 MNOK138.4 MNOK152.4 MNOK
Retained earnings110.1 MNOK117.2 MNOK131.2 MNOK
Total liabilities14.9 MNOK12.7 MNOK8.9 MNOK
Current liabilities14.9 MNOK12.7 MNOK8.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4940261.

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