Ålgård Offset AS
Score · fiscal year 2025
37of 100
How to read this: the company is ahead of 24 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 992 of 1,297 · What are Morning company classes?
Place in the whole sector: 2,996 of 3,928 · Industri
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 49 and solidity 38 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Ålgård Offset AS is 14 points below the median for companies in the Morning class Medium in the same sector in 2025.
Median score 51 among 1,297 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 4.7% (median 4.9%) and equity ratio 33.1% (median 39.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 278 MNOK | 117 MNOK |
| Operating margin | 4.7% | 4.9% |
| Profit margin | 4.1% | 4.8% |
| Return on assets | 9.9% | 10.4% |
| Equity ratio | 33.1% | 39.3% |
| Debt-to-equity | 2.02 | 1.50 |
| Current ratio | 1.21 | 1.55 |
| Revenue growth | −14.5% | 7.0% |
| Revenue per employee | 4.08 MNOK | 2.89 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 37, Ålgård Offset AS does better than 24% of companies in the Morning class Medium in the same sector (1,297 companies) in 2025.
Score 2023–2025
- Ålgård Offset AS
- Median: companies in the Morning class Medium in the same sector
Ålgård Offset AS has a score of 37 for 2025, rank 2,996 of 3,928 in the sector.
Strongest: Profitability: percentile 49 against peers, operating margin 4.7% against a median of 4.9%.
Weakest: Growth: percentile 11 against peers, revenue growth −14.5% against a median of 7.0%. Liquidity: percentile 27 against peers, current ratio 1.21 against a median of 1.55.
Worth a closer look
- What lies behind weak growth, and will it last?
- What lies behind weak liquidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
Ålgård Offset AS had an operating margin of 4.7% and an equity ratio of 33.1% in 2025, and ranks 2,996 of 3,928 in Industri.
From 2024 to 2025: revenue fell by 15% and the equity ratio fell from 40.1% to 33.1%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 47 MNOK and 88 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 88 MNOK |
| EV/EBIT | 8.0 | 73 MNOK |
| P/B | 1.0 | 47 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
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 2.9% 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 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 0.4%. 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 | 49 | weight 30% |
|---|---|---|
| Solidity | 38 | weight 25% |
| Liquidity | 27 | weight 15% |
| Growth | 11 | weight 15% |
| Consistency | 45 | weight 15% |
Durability: 46 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Ålgård Offset AS?
The operating margin was 4.7% in 2025, against a median of 4.9% among companies in the Morning class Medium in the same sector. Return on assets was 9.9%.
How solid is Ålgård Offset AS?
The equity ratio was 33.1% in 2025 (median 39.3%). Debt-to-equity was 2.02 (median 1.50).
What is the liquidity of Ålgård Offset AS like?
The current ratio was 1.21 in 2025 (median 1.55).
How does Ålgård Offset AS compare in Industri?
Ålgård Offset AS ranks 2,996 of 3,928 in Industri for 2025. Among companies in the Morning class Medium it is number 992 of 1,297. Revenue changed by −14.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 981477758
- Legal form
- AS
- Sector
- Industri (18.120)
- Morning company class
- Medium
- Employees
- 68 registered 10 August 2026
- Founded
- 3 January 2000 26 years in operation
- Share capital
- 2.90 MNOK
- Business address
- Opstadveien 7, 4331 ÅLGÅRD (GJESDAL)
- Municipality
- Gjesdal rank 3–15 of 38 in KOSTRA group 7
- Latest accounts filed
- 2025
- LEI
- 5493000XAIPCOV7BVL36 renews 15 December 2026
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 31 October 2026. Only names are shown.
- Parent company
- Ålgård Offset Finans AS (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
Shareholders (2025)
- Number of shareholders
- 1 (one owner)
- Largest owner
- 100.0%
- Split
- companies 100% · private persons 0% · foreign 0%
- Owned from the same municipality
- 100%
- Group chain
-
Owned by: Ålgård Offset Finans AS (100%)
Ultimate owner: Ålgård Offset Finans AS
- Ålgård Offset Finans AS · 100.0%
Change 2007–2025: no material change in the owners.
Majority owner of: Artko AS (100%), H.B.O Grafisk AS (91%)
Holds shares in: H.B.O Grafisk AS (91%), Artko AS (100%)
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.
Figures last fetched 2 November 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 55 | 47 | 37 | |
| Rank | 1,596 | 2,237 | 2,996 | |
| Operating margin | 4.3% | 5.9% | 4.7% | |
| Return on assets | 14.3% | 16.8% | 9.9% | |
| Equity ratio | 41.3% | 40.1% | 33.1% | |
| Current ratio | 1.71 | 1.39 | 1.21 | |
| Revenue growth | – | −1.8% | −14.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 330.7 MNOK | 324.7 MNOK | 277.6 MNOK |
| Operating profit | 14.1 MNOK | 19.3 MNOK | 13.1 MNOK |
| Profit before tax | −7.7 MNOK | 14.7 MNOK | 11.3 MNOK |
| Tax expense | – | – | – |
| Net profit | −5.6 MNOK | 10.7 MNOK | 8.8 MNOK |
| Financial expenses | 26.3 MNOK | 8.2 MNOK | 2.8 MNOK |
| Total assets | 130.5 MNOK | 135.9 MNOK | 143.0 MNOK |
| Current assets | 76.7 MNOK | 69.0 MNOK | 66.8 MNOK |
| Equity | 53.9 MNOK | 54.5 MNOK | 47.3 MNOK |
| Retained earnings | 35.9 MNOK | 36.6 MNOK | 29.4 MNOK |
| Total liabilities | 76.7 MNOK | 81.3 MNOK | 95.6 MNOK |
| Current liabilities | 44.9 MNOK | 49.5 MNOK | 55.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 2 November 2026, accounts id 7237672.
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