Joars AS
Score · fiscal year 2025
70of 100
How to read this: the company is ahead of 85 % of companies in the Morning class Small in the same sector in 2025. What does this mean?
Rank in the Morning class Small: 1,081 of 7,418 · What are Morning company classes?
Place in the whole sector: 3,322 of 22,949 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 94 and solidity 78 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology
Against the sector
Joars AS is 19 points above the median for companies in the Morning class Small in the same sector in 2025.
Median score 51 among 7,418 companies.
Against companies in the Morning class Small in the same sector in 2025: operating margin 55.8% (median 3.4%) and equity ratio 62.3% (median 36.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 11 MNOK | 20 MNOK |
| Operating margin | 55.8% | 3.4% |
| Profit margin | 107.8% | 3.0% |
| Return on assets | 32.9% | 10.0% |
| Equity ratio | 62.3% | 36.3% |
| Debt-to-equity | 0.61 | 1.51 |
| Current ratio | 0.70 | 1.73 |
| Revenue growth | 60.5% | 5.7% |
The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 70, Joars AS does better than 85% of companies in the Morning class Small in the same sector (7,418 companies) in 2025.
Score 2023–2025
- Joars AS
- Median: companies in the Morning class Small in the same sector
Joars AS has a score of 70 for 2025, rank 3,322 of 22,949 in the sector.
Strongest: Profitability: percentile 94 against peers, operating margin 55.8% against a median of 3.4%. Growth: percentile 92 against peers, revenue growth 60.5% against a median of 5.7%.
Weakest: Liquidity: percentile 4 against peers, current ratio 0.70 against a median of 1.73.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.4 times current assets. Based on: current ratio 0.70 (median 1.73).
- Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have? Based on: revenue growth 60.5% (median 5.7%); current ratio 0.70 (median 1.73).
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
Joars AS had an operating margin of 55.8% and an equity ratio of 62.3% in 2025, and ranks 3,322 of 22,949 in Handel.
From 2024 to 2025: the operating margin rose from 17.3% to 55.8% and revenue grew by 60%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 24 MNOK and 109 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 109 MNOK |
| EV/EBIT | 8.0 | 38 MNOK |
| P/B | 1.0 | 24 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
- watch
Consider strengthening liquidity: current liabilities are 1.4 times current assets.
Based on: Current ratio 0.70 (median 1.73).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 60.5% (median 5.7%); Current ratio 0.70 (median 1.73).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 3.8% 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 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 | 94 | weight 30% |
|---|---|---|
| Solidity | 78 | weight 25% |
| Liquidity | 4 | weight 15% |
| Growth | 92 | weight 15% |
| Consistency | 49 | weight 15% |
Durability: 66 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Joars AS?
The operating margin was 55.8% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 32.9%.
How solid is Joars AS?
The equity ratio was 62.3% in 2025 (median 36.3%). Debt-to-equity was 0.61 (median 1.51).
What is the liquidity of Joars AS like?
The current ratio was 0.70 in 2025 (median 1.73). Current assets did not cover current liabilities.
How does Joars AS compare in Handel?
Joars AS ranks 3,322 of 22,949 in Handel for 2025. Among companies in the Morning class Small it is number 1,081 of 7,418. Revenue changed by 60.5% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
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.
- 984565194
- Legal form
- AS · part of a group
- Sector
- Handel (47.300)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 30 March 2002 24 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Tanke Svilands gate 33, 4007 STAVANGER
- Municipality
- Stavanger rank 5 of 11 in KOSTRA group 12
- 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
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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 65 | 63 | 70 | |
| Rank | 5,821 | 5,652 | 3,322 | |
| Operating margin | 10.8% | 17.3% | 55.8% | |
| Return on assets | 8.7% | 23.0% | 32.9% | |
| Equity ratio | 64.9% | 43.9% | 62.3% | |
| Current ratio | 0.98 | 1.16 | 0.70 | |
| Revenue growth | – | 35.4% | 60.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 5.2 MNOK | 7.0 MNOK | 11.3 MNOK |
| Operating profit | 0.6 MNOK | 1.2 MNOK | 6.3 MNOK |
| Profit before tax | 0.7 MNOK | 6.5 MNOK | 12.1 MNOK |
| Net profit | 0.6 MNOK | 6.3 MNOK | 10.9 MNOK |
| Financial expenses | 0.2 MNOK | 0.5 MNOK | 0.6 MNOK |
| Total assets | 10.7 MNOK | 30.1 MNOK | 38.6 MNOK |
| Current assets | 1.2 MNOK | 6.4 MNOK | 1.2 MNOK |
| Equity | 6.9 MNOK | 13.2 MNOK | 24.1 MNOK |
| Retained earnings | 6.8 MNOK | 13.1 MNOK | 24.0 MNOK |
| Total liabilities | 3.7 MNOK | 16.9 MNOK | 14.6 MNOK |
| Current liabilities | 1.2 MNOK | 5.5 MNOK | 1.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6775180.
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