Reddy AS

Org. no. 992635827 · Indre Fosen · Founded 2008 · 6 employees

Score · fiscal year 2023

47of 100

How to read this: the company is ahead of 46 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 5,712 of 10,548 · What are Morning company classes?
Place in the whole sector: 11,437 of 21,088 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 75 and solidity 13 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Reddy AS is 3 points below the median for companies in the Morning class Micro in the same sector in 2023.

Median score 50 among 10,539 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin 7.6% (median 2.6%) and equity ratio 4.5% (median 35.5%).

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 revenue6 MNOK4 MNOK
Operating margin 7.6% 2.6% 70 %
Profit margin 7.1% 2.0% shown, not part of the index
Return on assets 20.5% 5.7% 79 %
Equity ratio 4.5% 35.5% 21 %
Debt-to-equity 21.40 1.26 5 %
Current ratio 3.74 1.79 81 %
Revenue growth – 6.7% not compared
Revenue per employee1.08 MNOK0.74 MNOK

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

With an index of 47, Reddy AS does better than 46% of companies in the Morning class Micro in the same sector (10,548 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Reddy AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2023

What the numbers say

Reddy AS had an operating margin of 7.6% and an equity ratio of 4.5% in 2023, and ranks 11,437 of 21,088 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 0 MNOK and 5 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.5 MNOK 10.0 5 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt 1.3 MNOK
8.0 3 MNOK
P/B Equity: 0.1 MNOK 1.0 0 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

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 4.5% (median 35.5%).

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

Financial costs were 1.3% 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.

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 · 2023

What the score is made of

Profitability75 weight 30%
Solidity13 weight 25%
Liquidity81 weight 15%
Growth– no data, left out
Consistency15 weight 15%

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

2023

Questions and answers

How profitable is Reddy AS?

The operating margin was 7.6% in 2023, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was 20.5%.

How solid is Reddy AS?

The equity ratio was 4.5% in 2023 (median 35.5%). Debt-to-equity was 21.40 (median 1.26).

What is the liquidity of Reddy AS like?

The current ratio was 3.74 in 2023 (median 1.79).

How does Reddy AS compare in Handel?

Reddy AS ranks 11,437 of 21,088 in Handel for 2023. Among companies in the Morning class Micro it is number 5,712 of 10,548.

From the Central Coordinating Register

Org. no.
992635827
Legal form
AS
Sector
Handel (47.520)
Morning company class
Micro
Employees
6 registered 10 September 2026
Founded
17 April 2008 18 years in operation
Share capital
0.20 MNOK
Business address
Rådhusveien 19, 7100 RISSA (INDRE FOSEN)
Municipality
Indre Fosen rank 37 of 38 in KOSTRA group 7
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
Johan Wemundstad
Chair of the board
Johan Wemundstad
Board member
Gunnar Solberg
Auditor
Systemrevisjon Fosen AS
Accountant
Tidy Account 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
Index475062
Rank11,43711,4186,264
Operating margin7.6%3.2%5.3%
Return on assets20.5%9.4%16.3%
Equity ratio4.5%12.9%27.0%
Current ratio3.743.223.09
Revenue growth–1.4%17.3%

Accounts

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

Key figure202320242025
Operating revenue6.5 MNOK6.6 MNOK7.7 MNOK
Operating profit0.5 MNOK0.2 MNOK0.4 MNOK
Profit before tax0.5 MNOK0.2 MNOK0.4 MNOK
Net profit0.5 MNOK0.2 MNOK0.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets2.4 MNOK2.2 MNOK2.5 MNOK
Current assets2.4 MNOK2.2 MNOK2.5 MNOK
Equity0.1 MNOK0.3 MNOK0.7 MNOK
Retained earnings−0.7 MNOK−0.5 MNOK−0.1 MNOK
Total liabilities2.3 MNOK1.9 MNOK1.8 MNOK
Current liabilities0.6 MNOK0.7 MNOK0.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 4788327.

Similar companies