Areco Profiles AS
Score · fiscal year 2023
24of 100
How to read this: the company is ahead of 13 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?
Rank in the Morning class Medium: 2,866 of 3,281 · What are Morning company classes?
Place in the whole sector: 17,820 of 21,088 · Handel
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 62 and solidity 0 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology
Against the sector
Areco Profiles AS is 26 points below the median for companies in the Morning class Medium in the same sector in 2023.
Median score 50 among 3,281 companies.
Against companies in the Morning class Medium in the same sector in 2023: operating margin 4.9% (median 2.9%) and equity ratio −0.4% (median 29.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 115 MNOK | 91 MNOK |
| Operating margin | 4.9% | 2.9% |
| Profit margin | 3.3% | 2.7% |
| Return on assets | 13.0% | 11.6% |
| Equity ratio | −0.4% | 29.5% |
| Debt-to-equity | – | 2.32 |
| Current ratio | 1.00 | 1.39 |
| Revenue growth | – | 5.2% |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 24, Areco Profiles AS does better than 13% of companies in the Morning class Medium in the same sector (3,281 companies) in 2023.
Score 2023–2026
- Areco Profiles AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
Areco Profiles AS had an operating margin of 4.9% and an equity ratio of −0.4% in 2023, and ranks 17,820 of 21,088 in Handel.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 38 MNOK and 45 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 38 MNOK |
| EV/EBIT | 8.0 | 45 MNOK |
| 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 −0.4% (median 29.5%).
- watch
Consider strengthening liquidity: current liabilities are 1.0 times current assets.
Based on: Current ratio 1.00 (median 1.39).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.2% 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
- critical Negative equity
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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 62 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 10 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 2 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is Areco Profiles AS?
The operating margin was 4.9% in 2023, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 13.0%.
How solid is Areco Profiles AS?
The equity ratio was −0.4% in 2023 (median 29.5%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Areco Profiles AS like?
The current ratio was 1.00 in 2023 (median 1.39). Current assets did not cover current liabilities.
How does Areco Profiles AS compare in Handel?
Areco Profiles AS ranks 17,820 of 21,088 in Handel for 2023. Among companies in the Morning class Medium it is number 2,866 of 3,281.
From the Central Coordinating Register
- Org. no.
- 981686985
- Legal form
- AS
- Sector
- Handel (46.830)
- Morning company class
- Medium
- Employees
- 0–4 (not registered)
- Founded
- 2 March 2000 26 years in operation
- Share capital
- 0.51 MNOK
- Business address
- c/o Collektivet AS, Ulvenveien 82E, 0581 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2026
- Website
- www.areco.no
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.
Figures last fetched 28 October 2026.
Year by year · 2023–2026
| Key figure | 2023 | 2024 | 2025 | 2026 | Trend |
|---|---|---|---|---|---|
| Index | 24 | 18 | 14 | 5 | |
| Rank | 17,820 | 20,615 | 22,019 | 202 | |
| Operating margin | 4.9% | 1.0% | −3.6% | −1.4% | |
| Return on assets | 13.0% | 1.4% | −3.8% | −0.5% | |
| Equity ratio | −0.4% | 3.4% | −5.8% | −1.1% | |
| Current ratio | 1.00 | 1.11 | 0.78 | 0.62 | |
| Revenue growth | – | −16.2% | 10.8% | −32.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Operating revenue | 115.1 MNOK | 96.4 MNOK | 106.9 MNOK | 72.1 MNOK |
| Operating profit | 5.6 MNOK | 1.0 MNOK | −3.9 MNOK | −1.0 MNOK |
| Profit before tax | 3.8 MNOK | −0.2 MNOK | −9.3 MNOK | −5.4 MNOK |
| Net profit | 3.8 MNOK | −0.2 MNOK | −9.3 MNOK | −5.4 MNOK |
| Financial expenses | 1.8 MNOK | 1.7 MNOK | 5.5 MNOK | 5.0 MNOK |
| Total assets | 43.4 MNOK | 106.2 MNOK | 96.8 MNOK | 93.6 MNOK |
| Current assets | 43.4 MNOK | 31.3 MNOK | 21.8 MNOK | 18.6 MNOK |
| Equity | −0.2 MNOK | 3.6 MNOK | −5.6 MNOK | −1.1 MNOK |
| Retained earnings | −12.5 MNOK | – | −6.1 MNOK | −1.6 MNOK |
| Total liabilities | 43.6 MNOK | 102.6 MNOK | 102.4 MNOK | 94.6 MNOK |
| Current liabilities | 43.6 MNOK | 28.2 MNOK | 28.0 MNOK | 30.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4558179.
Further
Similar companies
- Norfloor AS index 24, rank 17,808 · compare
- RF G2 38 AS index 24, rank 17,815 · compare
- Hotvedt Drift AS index 24, rank 17,823 · compare
- Cathrine Jonsson Heggebø AS index 24, rank 17,827 · compare
- Håvard Sitt AS index 24, rank 17,831 · compare