AF Decom AS
Score · fiscal year 2025
32of 100
How to read this: the company is ahead of 13 % of companies in the Morning class Large in the same sector in 2025. What does this mean?
Rank in the Morning class Large: 134 of 154 · What are Morning company classes?
Place in the whole sector: 16,359 of 20,428 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 40 and solidity 11 out of 100 among companies in the Morning class Large in the same sector in 2025. Methodology
Against the sector
AF Decom AS is 19 points below the median for companies in the Morning class Large in the same sector in 2025.
Median score 51 among 154 companies.
Against companies in the Morning class Large in the same sector in 2025: operating margin 3.2% (median 4.1%) and equity ratio 10.0% (median 23.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 689 MNOK | 898 MNOK |
| Operating margin | 3.2% | 4.1% |
| Profit margin | 4.5% | 4.6% |
| Return on assets | 9.0% | 10.3% |
| Equity ratio | 10.0% | 23.9% |
| Debt-to-equity | 8.99 | 3.17 |
| Current ratio | 1.05 | 1.22 |
| Revenue growth | 7.4% | 5.2% |
| Revenue per employee | 4.96 MNOK | 5.20 MNOK |
The median and “ahead of” refer to companies in the Morning class Large in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 32, AF Decom AS does better than 13% of companies in the Morning class Large in the same sector (154 companies) in 2025.
Score 2023–2025
- AF Decom AS
- Median: companies in the Morning class Large in the same sector
AF Decom AS has a score of 32 for 2025, rank 16,359 of 20,428 in the sector.
Strongest: Growth: percentile 55 against peers, revenue growth 7.4% against a median of 5.2%.
Weakest: Solidity: percentile 11 against peers, equity ratio 10.0% against a median of 23.9%. Liquidity: percentile 21 against peers, current ratio 1.05 against a median of 1.22.
Worth a closer look
- What lies behind weak solidity, and will it last?
- What lies behind weak liquidity, 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
AF Decom AS had an operating margin of 3.2% and an equity ratio of 10.0% in 2025, and ranks 16,359 of 20,428 in Bygg og anlegg.
No large changes in the key figures from 2024 to 2025.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 34 MNOK and 237 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 237 MNOK |
| EV/EBIT | 8.0 | 151 MNOK |
| P/B | 1.0 | 34 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
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.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 40 | weight 30% |
|---|---|---|
| Solidity | 11 | weight 25% |
| Liquidity | 21 | weight 15% |
| Growth | 55 | weight 15% |
| Consistency | 37 | weight 15% |
Durability: 42 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is AF Decom AS?
The operating margin was 3.2% in 2025, against a median of 4.1% among companies in the Morning class Large in the same sector. Return on assets was 9.0%.
How solid is AF Decom AS?
The equity ratio was 10.0% in 2025 (median 23.9%). Debt-to-equity was 8.99 (median 3.17).
What is the liquidity of AF Decom AS like?
The current ratio was 1.05 in 2025 (median 1.22).
How does AF Decom AS compare in Bygg og anlegg?
AF Decom AS ranks 16,359 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Large it is number 134 of 154. Revenue changed by 7.4% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
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.
Public contracts
- Contracts awarded since 2024
- 10
- Total awarded value since 2024
- 198.9 MNOK
- 5 contracts without a stated value are not in the total.
- Framework agreements
- 2
- Left out of the total: the value is a ceiling, not actual spend.
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.
- 992097442
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (43.110)
- Morning company class
- Large
- Employees
- 139 registered 10 September 2026
- Founded
- 18 December 2007 18 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Standardveien 1, 0581 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- 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
- Anders Gjerken
- Chair of the board
- Eirik Wraal
- Board member
- Geir Flåta
- Board member
- Anny Øen
- Auditor
- Pricewaterhousecoopers 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.
Figures last fetched 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 66 | 28 | 32 | |
| Rank | 4,877 | 16,210 | 16,359 | |
| Operating margin | 4.6% | 3.3% | 3.2% | |
| Return on assets | 11.1% | 7.4% | 9.0% | |
| Equity ratio | 28.1% | 11.4% | 10.0% | |
| Current ratio | 1.45 | 1.21 | 1.05 | |
| Revenue growth | – | −7.1% | 7.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 690.8 MNOK | 641.8 MNOK | 689.3 MNOK |
| Operating profit | 31.5 MNOK | 20.9 MNOK | 22.4 MNOK |
| Profit before tax | 38.7 MNOK | 28.3 MNOK | 30.8 MNOK |
| Net profit | 29.0 MNOK | 21.4 MNOK | 23.7 MNOK |
| Financial expenses | 0.1 MNOK | −0.3 MNOK | 0.0 MNOK |
| Total assets | 349.1 MNOK | 376.4 MNOK | 343.0 MNOK |
| Current assets | 297.2 MNOK | 324.0 MNOK | 295.2 MNOK |
| Equity | 98.2 MNOK | 42.9 MNOK | 34.3 MNOK |
| Retained earnings | 49.3 MNOK | −50.2 MNOK | −177.4 MNOK |
| Total liabilities | 250.9 MNOK | 333.6 MNOK | 308.7 MNOK |
| Current liabilities | 205.1 MNOK | 268.4 MNOK | 280.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6508791.
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