Kamstrup AS

Org. no. 984959524 · Oslo · Founded 2002 · 17 employees

Score · fiscal year 2025

64of 100

How to read this: the company is ahead of 77 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 854 of 3,708 · What are Morning company classes?
Place in the whole sector: 5,193 of 22,951 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 69 and solidity 77 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

Kamstrup AS is 14 points above the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 3,708 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 5.7% (median 3.0%) and equity ratio 50.2% (median 30.0%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue150 MNOK93 MNOK
Operating margin 5.7% 3.0% 73 %
Profit margin 7.8% 2.8% shown, not part of the index
Return on assets 16.7% 11.6% 66 %
Equity ratio 50.2% 30.0% 77 %
Debt-to-equity 0.99 2.24 76 %
Current ratio 1.98 1.39 75 %
Revenue growth −5.5% 6.1% 15 %
Revenue per employee8.80 MNOK5.07 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 64, Kamstrup AS does better than 77% of companies in the Morning class Medium in the same sector (3,708 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Kamstrup AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

Kamstrup AS has a score of 64 for 2025, rank 5,193 of 22,951 in the sector.

Strongest: Solidity: percentile 77 against peers, equity ratio 50.2% against a median of 30.0%. Liquidity: percentile 75 against peers, current ratio 1.98 against a median of 1.39.

Weakest: Growth: percentile 15 against peers, revenue growth −5.5% against a median of 6.1%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

Kamstrup AS had an operating margin of 5.7% and an equity ratio of 50.2% in 2025, and ranks 5,193 of 22,951 in Handel.

From 2024 to 2025: the equity ratio fell from 57.7% to 50.2%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 35 MNOK and 90 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 9.0 MNOK 10.0 90 MNOK
EV/EBIT Operating profit: 8.5 MNOK
minus net debt −4.1 MNOK
8.0 72 MNOK
P/B Equity: 34.9 MNOK 1.0 35 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 · 2025

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.

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 · 2025

What the score is made of

Profitability69 weight 30%
Solidity77 weight 25%
Liquidity75 weight 15%
Growth15 weight 15%
Consistency74 weight 15%

Durability: 63 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Kamstrup AS?

The operating margin was 5.7% in 2025, against a median of 3.0% among companies in the Morning class Medium in the same sector. Return on assets was 16.7%.

How solid is Kamstrup AS?

The equity ratio was 50.2% in 2025 (median 30.0%). Debt-to-equity was 0.99 (median 2.24).

What is the liquidity of Kamstrup AS like?

The current ratio was 1.98 in 2025 (median 1.39).

How does Kamstrup AS compare in Handel?

Kamstrup AS ranks 5,193 of 22,951 in Handel for 2025. Among companies in the Morning class Medium it is number 854 of 3,708. Revenue changed by −5.5% from the year before.

Public contracts

Contracts awarded since 2024
7
Total awarded value since 2024
value not stated
1 contracts without a stated value are not in the total.
Framework agreements
6
Left out of the total: the value is a ceiling, not actual spend.
DateBuyerNotice ValueCPV
1 June 2026 Vennesla Kommune Rammeavtale for kjøp av vannmålere - Vennesla kommune 15.0 MNOK (framework) 48600000
30 January 2026 Asker kommune (25240) NB-IoT vannmålere, rammeavtale 40.0 MNOK (framework) 38000000
7 October 2025 Viken Vest Innkjøpssamarbeid (VVI) (2025/1906) Vannmålere med opsjon på programvare, rammeavtale 0.0 MNOK (framework) 72000000
24 April 2025 Løten Kommune Rammeavtale vannmålere 10.0 MNOK (framework) 38000000
13 December 2024 Stange kommune 24/3126 Rammeavtale for innkjøp av vannmåler med programvare - Kontraktstildeling 25.0 MNOK (framework) 38000000
1 October 2024 Lillesand kommune Rammeavtale vannmålere 15.0 MNOK (framework) 38000000
17 January 2024 Øvre Romerike Innkjøpssamarbeid (2023-113) Vannmålere og programvare til Eidsvoll, Gjerdrum, Hurdal, Nannestad og Nes value not stated 50411100
15 June 2021 Hole kommune Rammeavtale for kjøp av vannmålere og tilleggsutstyr 3.4 MNOK 38000000
24 April 2019 Skedsmo Kommune Vannmålere 0.0 MNOK 38000000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
984959524
Legal form
AS
Sector
Handel (46.640)
Morning company class
Medium
Employees
17 registered 10 September 2026
Founded
25 September 2002 24 years in operation
Share capital
0.10 MNOK
Business address
Innspurten 1B, 0663 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025
Website
www.kamstrup.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.

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Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index576764
Rank8,2734,1745,193
Operating margin5.5%5.7%5.7%
Return on assets22.1%17.4%16.7%
Equity ratio25.1%57.7%50.2%
Current ratio1.302.321.98
Revenue growth–−5.4%−5.5%

Accounts

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

Key figure202320242025
Operating revenue167.3 MNOK158.3 MNOK149.6 MNOK
Operating profit9.2 MNOK9.0 MNOK8.5 MNOK
Profit before tax10.9 MNOK11.2 MNOK11.6 MNOK
Net profit8.5 MNOK8.7 MNOK9.0 MNOK
Financial expenses−0.3 MNOK0.0 MNOK–
Total assets48.3 MNOK64.4 MNOK69.4 MNOK
Current assets47.1 MNOK63.2 MNOK68.4 MNOK
Equity12.1 MNOK37.1 MNOK34.9 MNOK
Retained earnings12.0 MNOK12.0 MNOK9.8 MNOK
Total liabilities36.2 MNOK27.3 MNOK34.6 MNOK
Current liabilities36.2 MNOK27.3 MNOK34.6 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7218268.