AZOLVER NORGE AS

Org. no. 982156203 · Lørenskog · Founded 2000 · 14 employees

Score · fiscal year 2023

50of 100

How to read this: the company is ahead of 49 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?

Rank in the Morning class Medium: 1,662 of 3,284 · What are Morning company classes?
Place in the whole sector: 10,706 of 21,201 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 51 and solidity 76 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology

Against the sector

AZOLVER NORGE AS is at the median for companies in the Morning class Medium in the same sector in 2023.

Median score 50 among 3,284 companies.

Against companies in the Morning class Medium in the same sector in 2023: operating margin 2.5% (median 2.9%) and equity ratio 49.1% (median 29.5%).

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 revenue92 MNOK91 MNOK
Operating margin 2.5% 2.9% 46 %
Profit margin 3.2% 2.7% shown, not part of the index
Return on assets 13.0% 11.6% 56 %
Equity ratio 49.1% 29.5% 77 %
Debt-to-equity 1.04 2.32 76 %
Current ratio 1.37 1.39 48 %
Revenue growth – 5.2% not compared
Revenue per employee6.58 MNOK4.75 MNOK

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 50, AZOLVER NORGE AS does better than 49% of companies in the Morning class Medium in the same sector (3,284 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • AZOLVER NORGE AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2023

What the numbers say

AZOLVER NORGE AS had an operating margin of 2.5% and an equity ratio of 49.1% in 2023, and ranks 10,706 of 21,201 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 18 MNOK and 32 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.8 MNOK 10.0 18 MNOK
EV/EBIT Operating profit: 2.3 MNOK
minus net debt −13.2 MNOK
8.0 32 MNOK
P/B Equity: 17.6 MNOK 1.0 18 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 9.2% 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 · 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 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability51 weight 30%
Solidity76 weight 25%
Liquidity48 weight 15%
Growth– no data, left out
Consistency4 weight 15%

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

2023

Questions and answers

How profitable is AZOLVER NORGE AS?

The operating margin was 2.5% 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 AZOLVER NORGE AS?

The equity ratio was 49.1% in 2023 (median 29.5%). Debt-to-equity was 1.04 (median 2.32).

What is the liquidity of AZOLVER NORGE AS like?

The current ratio was 1.37 in 2023 (median 1.39).

How does AZOLVER NORGE AS compare in Handel?

AZOLVER NORGE AS ranks 10,706 of 21,201 in Handel for 2023. Among companies in the Morning class Medium it is number 1,662 of 3,284.

From the Central Coordinating Register

Org. no.
982156203
Legal form
AS
Sector
Handel (46.500)
Morning company class
Medium
Employees
14 registered 10 May 2026
Founded
9 June 2000 26 years in operation
Share capital
14.89 MNOK
Business address
Robsrudskogen 15, 1470 LØRENSKOG
Municipality
Lørenskog rank 1–10 of 13 in KOSTRA group 10
Latest accounts filed
2025
Website
www.azolver.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

Chief executive
Knut Rostad
Chair of the board
Lars Mårten Arvidsson
Auditor
FORVIS MAZARS AS
Accountant
ESCALON SERVICES NORWAY AS
Accountant
AZETS INSIGHT 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
Index506749
Rank10,7064,50712,280
Operating margin2.5%6.0%0.5%
Return on assets13.0%18.5%3.6%
Equity ratio49.1%62.6%64.1%
Current ratio1.372.122.52
Revenue growth–−3.9%−19.1%

Accounts

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

Key figure202320242025
Operating revenue92.1 MNOK88.5 MNOK71.6 MNOK
Operating profit2.3 MNOK5.3 MNOK0.4 MNOK
Profit before tax3.0 MNOK5.5 MNOK0.8 MNOK
Net profit1.8 MNOK3.8 MNOK−1.0 MNOK
Financial expenses1.7 MNOK0.8 MNOK0.3 MNOK
Total assets35.8 MNOK34.2 MNOK31.9 MNOK
Current assets25.0 MNOK27.1 MNOK28.6 MNOK
Equity17.6 MNOK21.4 MNOK20.5 MNOK
Retained earnings−3.9 MNOK−0.1 MNOK−1.0 MNOK
Total liabilities18.2 MNOK12.8 MNOK11.5 MNOK
Current liabilities18.2 MNOK12.8 MNOK11.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 4982357.

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