Nilamar AS

Org. no. 988933503 · Nannestad · AS

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

Key facts

Employees – Not registered in the Central Coordinating Register
Operating revenue · 2025 –
Net profit · 2025 7.6 MNOK
Equity · 2025 32.5 MNOK
Founded 2005 21 years in operation
Sector Jordbruk og skogbruk 02.400
Quick check · fiscal year 2025

Is the company run well?

Five key figures against companies in the same sector. Green is better than most, amber about like the industry and red weaker than most.

  • Returns · return on assets 23.1% Better than the industry Industry: 10.2%
  • Solidity · equity ratio 95.6% Better than the industry Industry: 42.8%
  • Liquidity · current ratio 10.84 Better than the industry Industry: 1.67

The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology

Score · fiscal year 2025

Not enough data: Revenue not reported

Based on the annual accounts for 2025

Source: Register of Company Accounts and Central Coordinating RegisterFetched 9 November 2026Report an issue
Development

How it has gone · 2023–2025

The equity ratio is about the same: 95.6% in 2025 against 95.7% in 2023.

Net profit · 2025 7.6 MNOK +208% since 2023 (better)
Equity ratio · 2025 95.6% about the same since 2023
Current ratio · 2025 10.84 +4.94 since 2023 (better)

Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year

Accounts in short

Key figure202320242025
Operating revenue–––
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Net profit2.5 MNOK2.3 MNOK7.6 MNOK
Total assets25.3 MNOK27.3 MNOK33.9 MNOK
Equity24.2 MNOK25.8 MNOK32.5 MNOK
Total liabilities1.1 MNOK1.4 MNOK1.5 MNOK

From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year

From the Central Coordinating Register

Org. no.
988933503
Legal form
AS
Sector
Jordbruk og skogbruk (02.400)
Purpose
Investeringer i andre foretak og hva dermed er forbundet.
Employees
0–4 (not registered)
Founded
7 November 2005 21 years in operation
Share capital
0.25 MNOK
Business address
Sidensvansvegen 11, 2032 MAURA (NANNESTAD)
Municipality
Nannestad rank 17–38 of 38 in KOSTRA group 7
Latest accounts filed
2025
VAT registered
No
Former names
Lamar AS until 2017
The company's business municipality, Nannestad. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

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

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

  • watch Revenue not reported
  • watch No revenue but large assets
Stress test · 2023

Scenario analysis: the sector's weakest year

We have no accounts for 2023, the sector's weakest year, for this company.

The sector's weakest year was 2023, with a median operating margin of 6.3%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating margin – 6.8% not compared
Profit margin – 6.2% shown, not part of the index
Return on assets 23.1% 10.2% not compared
Equity ratio 95.6% 42.8% not compared
Debt-to-equity 0.05 1.09 not compared
Current ratio 10.84 1.67 not compared
Revenue growth – 8.9% not compared

The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

Over time

Score over time

Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.

Working capital and debt · 2025

Working capital and debt

Working capital and debt · 2025
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
– 38 days not compared
Inventory and other current assets, days
Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue.
– 6 days not compared
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
– −2.9% not compared
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
56.3% 40.3% not compared
Debt and interest burden
Interest coverage (times)
Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt.
– 6.9 not compared
Financial costs as a share of debt
All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate.
– 1.7% not compared
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
– 28.5% not compared

Net working capital (current assets less bank deposits less current liabilities): 5.5 MNOK.

The median and the bar refer to companies in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.

The industry or the company: what drove the result?

The company and its sector's drivers

Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Nilamar AS. The figures stand side by side; we claim no cause.

Producer prices for sawn wood (indeks (2021 = 100))

Producer prices for sawn wood per year and the operating margin of Nilamar AS
Measure202120222023202420252026
Producer prices for sawn wood, annual average100.0116.6116.5119.1127.8131.1 (so far)
Change from the year before+22.7%+16.6%−0.2%+2.3%+7.3%+2.6%
The company's operating margin––––––

Source: SSB (12462, CC BY 4.0). Source

Consumer price index (indeks (2025 = 100))

Consumer price index per year and the operating margin of Nilamar AS
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0103.0 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+3.0%
The company's operating margin––––––

Source: SSB (14710, CC BY 4.0). Source

EUR/NOK (kr)

EUR/NOK per year and the operating margin of Nilamar AS
Measure202120222023202420252026
EUR/NOK, annual average10.1610.1011.4211.6211.7211.04 (so far)
Change from the year before−5.2%−0.6%+13.1%+1.8%+0.8%−5.8%
The company's operating margin––––––

Source: Norges Bank (EXR, NLOD 2.0). Source

Policy rate (prosent)

Policy rate per year and the operating margin of Nilamar AS
Measure202120222023202420252026
Policy rate, annual average0.081.323.544.504.304.17 (so far)
Change from the year before−0.28 percentage points+1.24 percentage points+2.22 percentage points+0.96 percentage points−0.20 percentage points−0.12 percentage points
The company's operating margin––––––

Source: Norges Bank (IR, NLOD 2.0). Source

Wage index: agriculture (indeks)

Wage index: agriculture per year and the operating margin of Nilamar AS
Measure202120222023202420252026
Wage index: agriculture, annual average85.088.793.698.5104.0107.3 (so far)
Change from the year before+4.1%+4.4%+5.5%+5.3%+5.6%+3.1%
The company's operating margin––––––

Source: SSB (12314, CC BY 4.0). Source

We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.

Analysis · 2025

What the numbers say

Nilamar AS had an equity ratio of 95.6% in 2025. The company is not ranked: revenue not reported.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

Our calculations

Suggested price: about 32 MNOK

The mean of the 2 methods below (P/E, EV/EBIT and P/B with listed multiples and a size adjustment), rounded to two significant figures. It is a calculation, not a bid or a valuation. Fewer than three methods gave a figure, so the mean is weaker than it looks.
That is about 278,261 NOK per share, on 115 shares in the shareholder register.

The methods give between 28 MNOK and 37 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 4.2 MNOK 14.3 59 MNOK 37 MNOK
EV/EBIT Operating profit (mean 2023–2025): 0.0 MNOK 17.6 – not meaningful
P/B Equity: 32.5 MNOK 1.4 45 MNOK 28 MNOK

The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.

The NACE code has no listed industry of its own in the table, so the multiples are the sector median: Farming/Agriculture.

Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Our calculations

Figures you will not find in any register

We calculated these figures ourselves from the accounts and registers we have read. The company has not reported them and the Brønnøysund Register Centre does not publish them. They are indications and are not part of the index. How we calculate

Equity paid out or paid in
1.0 MNOK left equity beyond the result in 2025.
That equals 13% of the year's result.
Over 2 years it equals 17% of the sum of the results.
Calculated as retained earnings at the start of the year + net result − retained earnings at the end of the year. What remains is dividends and group contributions, plus transfers to other items and corrections of earlier years. It is not a dividend figure.
Owners and leadership aged 60 or older
No sign of a near generation change in the ages.
  • The chair is under 60.
  • 1 of 2 on the board are 60 or older.
Age is this year minus the birth year in the registers and can be a year off. It says something about age, not about anyone planning to step down.

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

2025

Questions and answers

How profitable is Nilamar AS?

The operating margin was – in 2025, against a median of 6.8% among companies in the same sector. Return on assets was 23.1%.

How solid is Nilamar AS?

The equity ratio was 95.6% in 2025 (median 42.8%). Debt-to-equity was 0.05 (median 1.09).

What is the liquidity of Nilamar AS like?

The current ratio was 10.84 in 2025 (median 1.67).

Group structure · 2025

3 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.

Private persons own 100% of the shares in Nilamar AS. Persons are not shown by name.

Nilamar AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.

The group in figures

Sectors
Jordbruk og skogbruk (2 companies), Eiendom (1 company) 3 of 3 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
Employees in Norway
16 in all. Nannestad 16 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
Loss
1 company: Laane Eiendom AS

A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.

  • Nilamar AS you are here operating · Jordbruk og skogbruk

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.

Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 7 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%
Group chain
Ultimate owner: private person

Change 2007–2025: no material change in the owners.

Majority owner of: Laane Eiendom AS (100%), Røsåsen Skogsmaskiner AS (100%)

Holds shares in: Røsåsen Skogsmaskiner AS (100%), Laane Eiendom AS (100%)

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

Error in the data?

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Figures last fetched 9 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index–––
Rank–––
Operating margin–––
Return on assets10.3%16.9%23.1%
Equity ratio95.7%94.7%95.6%
Current ratio5.906.6010.84
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue–––
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax2.6 MNOK2.5 MNOK7.8 MNOK
Tax expense0.1 MNOK0.2 MNOK0.2 MNOK
Net profit2.5 MNOK2.3 MNOK7.6 MNOK
Financial expenses–2.1 MNOK–
Total assets25.3 MNOK27.3 MNOK33.9 MNOK
Current assets6.3 MNOK9.5 MNOK16.0 MNOK
Equity24.2 MNOK25.8 MNOK32.5 MNOK
Retained earnings17.4 MNOK19.0 MNOK25.7 MNOK
Total liabilities1.1 MNOK1.4 MNOK1.5 MNOK
Current liabilities1.1 MNOK1.4 MNOK1.5 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 7088802.