Azolver Norge AS

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

Score · fiscal year 2024

67of 100

How to read this: the company is ahead of 80 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?

Rank in the Morning class Medium: 696 of 3,519 · What are Morning company classes?
Place in the whole sector: 4,476 of 22,237 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 72 and solidity 88 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology

Against the sector

Azolver Norge AS is 17 points above the median for companies in the Morning class Medium in the same sector in 2024.

Median score 50 among 3,519 companies.

Against companies in the Morning class Medium in the same sector in 2024: operating margin 6.0% (median 2.9%) and equity ratio 62.6% (median 30.2%).

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 revenue89 MNOK92 MNOK
Operating margin 6.0% 2.9% 74 %
Profit margin 6.2% 2.7% shown, not part of the index
Return on assets 18.5% 11.8% 71 %
Equity ratio 62.6% 30.2% 88 %
Debt-to-equity 0.60 2.23 87 %
Current ratio 2.12 1.40 78 %
Revenue growth −3.9% 5.1% 22 %
Revenue per employee6.32 MNOK4.92 MNOK

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

With an index of 67, Azolver Norge AS does better than 80% of companies in the Morning class Medium in the same sector (3,519 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Azolver Norge AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2024

What the numbers say

Azolver Norge AS had an operating margin of 6.0% and an equity ratio of 62.6% in 2024, and ranks 4,476 of 22,237 in Handel.

From 2023 to 2024: the equity ratio rose from 49.1% to 62.6% and the operating margin rose from 2.5% to 6.0%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 21 MNOK and 51 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 3.8 MNOK 10.0 38 MNOK
EV/EBIT Operating profit: 5.3 MNOK
minus net debt −8.5 MNOK
8.0 51 MNOK
P/B Equity: 21.4 MNOK 1.0 21 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 · 2024

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 6.3% 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.

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 · 2024

What the score is made of

Profitability72 weight 30%
Solidity88 weight 25%
Liquidity78 weight 15%
Growth22 weight 15%
Consistency54 weight 15%

Durability: 58 (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 Azolver Norge AS?

The operating margin was 6.0% in 2024, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 18.5%.

How solid is Azolver Norge AS?

The equity ratio was 62.6% in 2024 (median 30.2%). Debt-to-equity was 0.60 (median 2.23).

What is the liquidity of Azolver Norge AS like?

The current ratio was 2.12 in 2024 (median 1.40).

How does Azolver Norge AS compare in Handel?

Azolver Norge AS ranks 4,476 of 22,237 in Handel for 2024. Among companies in the Morning class Medium it is number 696 of 3,519. Revenue changed by −3.9% from the year before.

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
Rank10,6534,47612,233
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 5757583.

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