K J KARLSEN AS

Org. no. 985051380 · RANA · Founded 2002 · 13 employees

Score · fiscal year 2025

69of 100

How to read this: the company is ahead of 85 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 559 of 3,712 · What are Morning company classes?
Place in the whole sector: 3,512 of 23,059 · Handel

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 39 and solidity 93 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

K J KARLSEN AS is 19 points above the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 3,712 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 2.7% (median 3.0%) and equity ratio 71.1% (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 revenue61 MNOK93 MNOK
Operating margin 2.7% 3.0% 47 %
Profit margin 3.0% 2.8% shown, not part of the index
Return on assets 6.6% 11.6% 31 %
Equity ratio 71.1% 30.0% 93 %
Debt-to-equity 0.41 2.24 93 %
Current ratio 3.04 1.39 90 %
Revenue growth 18.1% 6.1% 77 %
Revenue per employee4.68 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 69, K J KARLSEN AS does better than 85% of companies in the Morning class Medium in the same sector (3,712 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • K J KARLSEN AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

K J KARLSEN AS has a score of 69 for 2025, rank 3,512 of 23,059 in the sector.

Strongest: Solidity: percentile 93 against peers, equity ratio 71.1% against a median of 30.0%. Liquidity: percentile 90 against peers, current ratio 3.04 against a median of 1.39.

Weakest: Profitability: percentile 39 against peers, operating margin 2.7% against a median of 3.0%.

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

K J KARLSEN AS had an operating margin of 2.7% and an equity ratio of 71.1% in 2025, and ranks 3,512 of 23,059 in Handel.

From 2024 to 2025: the equity ratio fell from 83.3% to 71.1% and revenue grew by 18%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 14 MNOK and 20 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.4 MNOK 10.0 14 MNOK
EV/EBIT Operating profit: 1.6 MNOK
minus net debt −6.8 MNOK
8.0 20 MNOK
P/B Equity: 19.9 MNOK 1.0 20 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.

Financial costs were 0.0% 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.

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

Profitability39 weight 30%
Solidity93 weight 25%
Liquidity90 weight 15%
Growth77 weight 15%
Consistency60 weight 15%

Durability: 68 (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 K J KARLSEN AS?

The operating margin was 2.7% in 2025, against a median of 3.0% among companies in the Morning class Medium in the same sector. Return on assets was 6.6%.

How solid is K J KARLSEN AS?

The equity ratio was 71.1% in 2025 (median 30.0%). Debt-to-equity was 0.41 (median 2.24).

What is the liquidity of K J KARLSEN AS like?

The current ratio was 3.04 in 2025 (median 1.39).

How does K J KARLSEN AS compare in Handel?

K J KARLSEN AS ranks 3,512 of 23,059 in Handel for 2025. Among companies in the Morning class Medium it is number 559 of 3,712. Revenue changed by 18.1% from the year before.

From the Central Coordinating Register

Org. no.
985051380
Legal form
AS
Sector
Handel (46.830)
Morning company class
Medium
Employees
13 registered 10 July 2026
Founded
5 July 2002 24 years in operation
Share capital
0.20 MNOK
Business address
Søderlundmyra 64, 8622 MO I RANA
Municipality
Rana rank 11–25 of 27 in KOSTRA group 9
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

Chief executive
Kristian Hiller
Chair of the board
Kristian Hiller
Auditor
HELGELAND REVISJON AS
Accountant
SPAREBANK 1 REGNSKAPSHUSET NORD-NORGE 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.

Report an issue

Figures last fetched 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index746169
Rank3,2926,4753,512
Operating margin1.4%1.4%2.7%
Return on assets4.6%3.9%6.6%
Equity ratio88.1%83.3%71.1%
Current ratio8.005.333.04
Revenue growth–1.2%18.1%

Accounts

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

Key figure202320242025
Operating revenue50.9 MNOK51.6 MNOK60.9 MNOK
Operating profit0.7 MNOK0.7 MNOK1.6 MNOK
Profit before tax1.0 MNOK0.9 MNOK1.8 MNOK
Net profit0.8 MNOK0.7 MNOK1.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets21.9 MNOK24.0 MNOK28.1 MNOK
Current assets20.9 MNOK21.4 MNOK24.7 MNOK
Equity19.3 MNOK20.0 MNOK19.9 MNOK
Retained earnings19.1 MNOK19.8 MNOK19.7 MNOK
Total liabilities2.6 MNOK4.0 MNOK8.1 MNOK
Current liabilities2.6 MNOK4.0 MNOK8.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6798314.

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