Kvernstad Kraft AS
Score · fiscal year 2025
37of 100
How to read this: the company is ahead of 27 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?
Rank in the Morning class Micro: 319 of 438 · What are Morning company classes?
Place in the whole sector: 666 of 867 · Kraft og energi
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 65 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology
Against the sector
Kvernstad Kraft AS is 13 points below the median for companies in the Morning class Micro in the same sector in 2025.
Median score 50 among 438 companies.
Against companies in the Morning class Micro in the same sector in 2025: operating margin 29.3% (median 17.2%) and equity ratio −47.1% (median 38.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 3 MNOK | 3 MNOK |
| Operating margin | 29.3% | 17.2% |
| Profit margin | −19.9% | 2.3% |
| Return on assets | 6.0% | 3.8% |
| Equity ratio | −47.1% | 38.0% |
| Debt-to-equity | – | 1.41 |
| Current ratio | 2.41 | 1.98 |
| Revenue growth | −10.0% | 1.9% |
The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 37, Kvernstad Kraft AS does better than 27% of companies in the Morning class Micro in the same sector (438 companies) in 2025.
Score 2023–2025
- Kvernstad Kraft AS
- Median: companies in the Morning class Micro in the same sector
Kvernstad Kraft AS has a score of 37 for 2025, rank 666 of 867 in the sector.
Strongest: Profitability: percentile 65 against peers, operating margin 29.3% against a median of 17.2%.
Weakest: Solidity: percentile 0 against peers, equity ratio −47.1% against a median of 38.0%. Consistency: percentile 25 against peers.
Worth a closer look
- Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern? Based on: equity ratio −47.1% (median 38.0%).
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin −19.9% (median 2.3%).
- What lies behind weak solidity, and will it last?
- What lies behind weak consistency, and will it last?
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
Kvernstad Kraft AS had an operating margin of 29.3% and an equity ratio of −47.1% in 2025, and ranks 666 of 867 in Kraft og energi.
From 2024 to 2025: the operating margin rose from 22.9% to 29.3% and the equity ratio fell from −40.9% to −47.1%.
Kvernstad Kraft AS did about the same as the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 8 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | 8 MNOK |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −47.1% (median 38.0%).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −19.9% (median 2.3%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 6.9% 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
- critical Negative equity
Scenario analysis: the sector's weakest year
The operating margin was 29.3% in 2025 (sector median 16.0%), and the equity ratio −47.1%. The company had a loss before tax that year. In the other years the operating margin averaged 34.8%.
The sector's weakest year was 2025, with a median operating margin of 16.0%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 65 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 58 | weight 15% |
| Growth | 32 | weight 15% |
| Consistency | 25 | weight 15% |
Durability: 31 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Kvernstad Kraft AS?
The operating margin was 29.3% in 2025, against a median of 17.2% among companies in the Morning class Micro in the same sector. Return on assets was 6.0%. The company made a loss before tax.
How solid is Kvernstad Kraft AS?
The equity ratio was −47.1% in 2025 (median 38.0%). Equity is negative, so liabilities exceed assets.
What is the liquidity of Kvernstad Kraft AS like?
The current ratio was 2.41 in 2025 (median 1.98).
How does Kvernstad Kraft AS compare in Kraft og energi?
Kvernstad Kraft AS ranks 666 of 867 in Kraft og energi for 2025. Among companies in the Morning class Micro it is number 319 of 438. Revenue changed by −10.0% from the year before.
From the Central Coordinating Register
- Org. no.
- 989761927
- Legal form
- AS
- Sector
- Kraft og energi (35.121)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 18 April 2006 20 years in operation
- Share capital
- 0.20 MNOK
- Business address
- Sæther Gård, Nordre Ringsveg 193, 2372 BRØTTUM (RINGSAKER)
- Municipality
- Ringsaker rank 7–12 of 13 in KOSTRA group 10
- Audit
- Audit opted out from 4 October 2024
- 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 | 34 | 21 | 37 | |
| Rank | 647 | 817 | 666 | |
| Operating margin | 46.7% | 22.9% | 29.3% | |
| Return on assets | 13.9% | 5.0% | 6.0% | |
| Equity ratio | −31.8% | −40.9% | −47.1% | |
| Current ratio | 1.70 | 0.15 | 2.41 | |
| Revenue growth | – | −35.5% | −10.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 5.8 MNOK | 3.7 MNOK | 3.3 MNOK |
| Operating profit | 2.7 MNOK | 0.9 MNOK | 1.0 MNOK |
| Profit before tax | 1.1 MNOK | −0.9 MNOK | −0.7 MNOK |
| Net profit | 1.1 MNOK | −0.9 MNOK | −0.7 MNOK |
| Financial expenses | 1.6 MNOK | 1.7 MNOK | 1.6 MNOK |
| Total assets | 19.3 MNOK | 17.2 MNOK | 16.3 MNOK |
| Current assets | 1.4 MNOK | 0.1 MNOK | 0.1 MNOK |
| Equity | −6.1 MNOK | −7.0 MNOK | −7.7 MNOK |
| Retained earnings | −6.3 MNOK | −7.2 MNOK | −7.9 MNOK |
| Total liabilities | 25.5 MNOK | 24.2 MNOK | 24.0 MNOK |
| Current liabilities | 0.8 MNOK | 0.6 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6620109.
Further
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