Language:NO / EN

SOLID GRUPPEN AS

Org. no. 989189891 · FREDRIKSTAD · Founded 2005

Download report (PDF)

Score · fiscal year 2023

33of 100

How to read this: the company is ahead of 26 % of small companies in the same sector in 2023. What does this mean?

Rank: 21,586 of 28,987 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 25 and solidity 49 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

SOLID GRUPPEN AS is 17 points below the median for small companies in the same sector in 2023.

Median score 50 among 27,959 companies.

Against small companies in the same sector in 2023: operating margin −113.1% (median 4.1%) and equity ratio 40.4% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue9 MNOK3 MNOK
Operating margin −113.1% 4.1% 3 %
Profit margin 45.0% 3.8% shown, not part of the index
Return on assets 4.9% 5.9% 48 %
Equity ratio 40.4% 36.8% 54 %
Debt-to-equity 1.48 1.24 45 %
Current ratio 0.21 1.44 7 %
Revenue growth – 2.5% not compared

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 33, SOLID GRUPPEN AS does better than 26% of small companies in the same sector (28,009 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SOLID GRUPPEN AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

SOLID GRUPPEN AS had an operating margin of −113.1% and an equity ratio of 40.4% in 2023, and ranks 21,586 of 28,987 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 33 MNOK and 93 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 3.3 MNOK 10.0 33 MNOK
EV/EBIT Operating profit: −10.6 MNOK 8.0 not meaningful
P/B Equity: 93.0 MNOK 1.0 93 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 · 2023

Worth a closer look

  • critical

    Consider strengthening liquidity: current liabilities are 4.7 times current assets.

    Based on: Current ratio 0.21 (median 1.44).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −113.1% (median 4.1%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 5.2% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

  • watch Extreme margin: check 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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability25 weight 30%
Solidity49 weight 25%
Liquidity7 weight 15%
Growth– no data, left out
Consistency48 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is SOLID GRUPPEN AS?

The operating margin was −113.1% in 2023, against a median of 4.1% among small companies in the same sector. Return on assets was 4.9%.

How solid is SOLID GRUPPEN AS?

The equity ratio was 40.4% in 2023 (median 36.8%). Debt-to-equity was 1.48 (median 1.24).

What is the liquidity of SOLID GRUPPEN AS like?

The current ratio was 0.21 in 2023 (median 1.44). Current assets did not cover current liabilities.

How does SOLID GRUPPEN AS compare in Bygg og anlegg?

SOLID GRUPPEN AS ranks 21,586 of 28,987 in Bygg og anlegg for 2023. Among companies of the same size (small companies) it ranks 20,782 of 28,009.

Group accounts · 2025

26 of 100

Rank 1273 of 1413 groups with group accounts. Groups are ranked only against each other, not against single companies.

Operating revenue, group
1,126 MNOK
Operating profit, group
−5 MNOK
Profit before tax, group
−1 MNOK
Total assets, group
697 MNOK
Equity, group
188 MNOK
Key figures in the group accounts against the company's own accounts
Key figureThe groupThe company alone (2023)
Operating margin−0.4% –
Return on assets1.4% –
Equity ratio27.0% –
Current ratio1.35 –
Revenue growth−26.3% –

Group index in earlier years: 2023: 24 (1605 of 1810), 2024: 27 (1275 of 1452).

Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.

Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).

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.
989189891
Legal form
AS · part of a group
Sector
Bygg og anlegg (41.000)
Size tier
small
Employees
0–4 (not registered)
Founded
19 December 2005 20 years in operation
Share capital
2.06 MNOK
Business address
Bjørnengveien 11, 1664 ROLVSØY (FREDRIKSTAD)
Municipality
Fredrikstad rank 11 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.solid.no
LEI
2549002RL8NBZJ7KQB98 not renewed (lapsed)

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
Lasse Johansen
Chair of the board
Lasse Johansen
Board member
Kim André Johansen
Board member
Runar Oustorp
Board member
Jørgen Evensen
Board member
Rune Kilebu
Auditor
BDO AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Parent company
No known owner

Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 29 October 2026. The parent is the one the company itself reported to GLEIF.

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
Index332214
Rank21,58627,19330,504
Operating margin−113.1%−902.4%−17,778.1%
Return on assets4.9%0.9%2.2%
Equity ratio40.4%31.4%9.9%
Current ratio0.210.180.16
Revenue growth–−89.6%−95.4%

Accounts

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

Key figure202320242025
Operating revenue9.4 MNOK1.0 MNOK0.0 MNOK
Operating profit−10.6 MNOK−8.8 MNOK−7.9 MNOK
Profit before tax4.2 MNOK−4.9 MNOK−57.7 MNOK
Net profit3.3 MNOK−3.9 MNOK−57.2 MNOK
Financial expenses7.1 MNOK7.0 MNOK61.6 MNOK
Total assets230.1 MNOK237.9 MNOK176.4 MNOK
Current assets26.3 MNOK26.4 MNOK26.2 MNOK
Equity93.0 MNOK74.7 MNOK17.5 MNOK
Retained earnings49.2 MNOK31.0 MNOK−26.2 MNOK
Total liabilities137.1 MNOK163.3 MNOK158.9 MNOK
Current liabilities124.0 MNOK150.2 MNOK158.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5265231.

Similar companies